15 Improvements by the Deployment of The Internet of Things in the Supply Chain

Cerasis

The list of relevant applications of the Internet of Things (IoT) era technology across multiple industries and market segments continues to grow. Current and future applications have the potential to provide new methods of value creation and sources of revenue streams for companies in the digital age. 11 Improvements by the Deployment of the Internet of Things in the Supply Chain.

The Industrial Internet of Things, Manufacturing, Supply Chain & Logistics: Where Are We & Where Are We Going?

Cerasis

The era of paper-based systems and physically monitoring the supply chain is ending. In place of long paper trails and maintenance schedules, machines with the capacity to communicate their needs and issues via the industrial Internet of Things (IoT) are becoming an essential component of effective processes. In fact, your presence on this website alone indicates use of the industrial internet of things today, but the opportunities are limitless.

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Supply Chain and the Internet of Things – Towards New Paradigms

Logistics Bureau

Internet plays a key role in connecting native digital items like PCs, IT servers, smartphones, and software applications. However, the things to hook up now include physical assets from an analogue world. Machinery, vehicles, mechanical devices, actuators, gauges, sensors, and other things are non-digital. They cannot connect directly to the all-digital Internet. That’s where the Internet of Things or IoT comes in.

[WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018

Cerasis

Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018” white paper! This is a must read for those in the supply chain industry to stay on top of their games! Get a free copy of the white paper by filling out the form to the right. Fill out the Form Below to Get a Free Copy of the White Paper to Your Inbox!

IoT Inspired Smart Warehouses Are Reinventing Inventory Management

Cerasis

Everything is connected to the internet, including consumer and industrial devices and systems. The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. The connection of systems nets scalability and actionable insights from the analysis of Big Data through the IoT.

[e-Book] The Future Of Supply Chain, Logistics & Manufacturing: How Technology Is Transforming Industries

Cerasis

The Future of Our Industry Is Now. The logistics, manufacturing, supply chain, and transportation industries are going through a time of rapid and unprecedented transformation. The future of these industries is paved with innovation and technology. It was not long ago that ideas like 3D printing, the Internet of Things (IoT), drone delivery, and augmented reality were things of science fiction. The Internet of Things.

eWorld Procurement & Supply 2016

Supply Chain Movement

eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. Since 2001, eWorld Procurement & Supply, in association with Chartered Institute of Procurement & Supply, has provided a unique insight into the latest innovations and technologies for senior procurement, supply chain and finance executives. Procurement Automation. Internet of Things (the impact on procurement).

Are You Active in the Digital Transformation Drinking Game?

Supply Chain Shaman

The storyline of the event goes like this: Do you have the business problem of complexity, personalization, and globalization requiring faster time to market? SAP S4/HANA delivers on the goal of digital transformation. I yearn for the years when the SAP Insider conference was larger and full of energy. Then the packed halls had a lot of business user case study presentations. Initially, the goal was paperless processes through the use of personal computers.

EPE – European Procurement Excellence 2016

Supply Chain Movement

EPE – European Procurement Excellence. Providing procurement value in a complex world. In a world in which procurement is emerging as the key value driver for maintaining a company‘s competitive edge, the role of CPO is becoming more strategic. Substantive growth of outsourcing. Digitalization/Internet of Things. Volatility of demand and exchange rates. Be part of our procurement and supply chain community!

Supply Chain Predictions!

Supply Chain Game Changer

Check out Procurement Experiences, Trends and the Future! In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory.

Augmented Reality (AR) is the Future of the Supply Chain!

Supply Chain Game Changer

I found this out during my first job out of college. I started my industrial engineering career in a hot Southeastern ambient distribution center (DC) where innovation consisted of adding conveyor and sorters at several hundred dollars per FOOT! Subscribe Here! Email Address.

10 Supply Chain Investment Challenges – Real and Imagined!

Supply Chain Game Changer

Everywhere you turn there is talk of a lot of very exciting technologies. The Internet of Things (IoT), Augmented Reality (AR), Drones and Autonomous Vehicles, Robotics, Virtual Reality (VR), Artificial Intelligence (AI) and Intelligent Analytics are front and centre.

Open Letter to the Chief Financial Officer

Supply Chain Shaman

For most, it is the end of the quarter. While for others, the end of the fiscal year is looming. The end of any fiscal period is a good time to take stock, and reflect. I walked into the event early before my speaking slot and sat down to listen to the CFO of Samsung Europe wrap-up his speech about his supply chain. After his presentation, there was a facilitated networking session on the role of the CFO in supply chain. Rethink the Role of the Budget.

Supply Chain Skills for the Future – Developing the Team of Tomorrow

DynaSys

In any area, across domains of activity, from farming to aerospace, cosmetics to mechanics, innovation should be part of the companies’ DNA. This concerns startup companies as well as established companies who have many years of existence and for these in particular, the challenge of maintaining an identity while moving forward is very important. It is no longer sufficient to simply be reactive and to take decisions on the basis of some Excel spreadsheets.

Imagining the Supply Chain of the Future!

Supply Chain Game Changer

There are articles which describe what the future of Supply Chain will be like in 2020, 0r 2025, or even 2030. But is that enough of a far-reaching vision to offer much more than an incremental view of what we see today based on existing technology? Any view of the near future is more likely to describe incremental changes and incremental advancements based on the current knowledge base. So how can all of this be used to shape what happens in Supply Chain?

Emerging technologies impacting contract management in the Financial sector

NC State SCRC

A meeting of financial supply management executives, faculty, and IACCM thought leaders took place on January 26, 2018 in New York. A number of different topics were discussed during this session, and the agenda was kept fairly open in discussing how emerging technologies would impact the supply management and contracting space. So organizations are now having to throw a high level of human resources at the consequences of outsourcing to manage these outsourced resources.

Sorting out Risk in FinTech Source Chains

NC State SCRC

For global banks, the regulations will be different in each of the countries they operate in, and will cause executives to re-think how we standardize the gaps in the organization, and whether they are in compliance with the regulatory environment in each country. This has caused banks to look at the flow of activities in the “source chain”, which refers to the way that third parties use bank data for different opreations. Spend is taking OUT of the risk equation.

Data is the Real Gold At the End of the Rainbow for Contract and Spend Management Systems

NC State SCRC

Contract management analytics are critical for tracking transactional compliance with contract pricing, terms and conditions, but also as a vehicle for workflow management around negotiation of contract renewals, and aggregation of supplier performance data on service level agreements, delivery, quality, and service performance. When spend analysis is combined with insights about contracts that are outstanding, another layer of insight can be created.

Day 3: Lenovo Goes About Creating the End to End Transparent Supply Chain

NC State SCRC

On the third day the team visited the Lenovo “Green Data Center”, and learned of how Lenovo is working to create their “converged” network servers that are on the leading edge of being focused on sustainable high speed efficient performance. Lenovo is $45B in sales, with 55,000 employees in over 160 countries, and was named one of the top 100 best global brands. Managing inventory cost is always an issue, and it is often driven by a number of factors.

It’s About Time for a new “World Class Supply Chain” Paradigm

NC State SCRC

As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. This initiative benchmarked over 300 global companies, and set forth many of the principles for what we called “World Class Supply Chains”. Many of these principles became the foundation for consulting practices at Accenture, Deloitte, Booz Allen, and others. Leveraging and strategic sourcing has gotten in the way of that.

Blockchain: The Next Great Leap in Supply Chain Transparency!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. It’s no secret that transparency is the name of the game in today’s world-class Supply Chains. Once a block of data is recorded on the blockchain ledger, it’s extremely difficult to change or remove.”.

Can Blockchain become the solution for anti-counterfeiting and chain of custody?

NC State SCRC

Recent articles in the New York Times and in the I nternational Business Times highlight the emerging role of blockchain as a key enabler of improved integration between parties in the extended global supply chain. The IBM-Walmart partnership is one of the biggest practical tests to date. Steve discussed blockchain as the “trust” protocol, the Internet Axis, the Internet Value, the Democratization of the Digital World.

Ivalua Now and the Art – or is it the Science – of Procurement?

ivalua

It’s a question that you can answer for yourself at Ivalua Now – The Art of Procurement , being held, appropriately enough, at The Louvre, Paris 10 th – 12 th April. The event is free to attend and aims to attract hundreds of procurement and supply chain professionals to discuss and learn more about the latest industry trends and processes. And in a way, a more automated method of working, serves to elevate the “art” or strategic thinking side of things.

Our 2019 Top 10 List!

Supply Chain Game Changer

Here at Supply Chain Game Changer our fundamental mission has been to share experiences and expertise in the areas of Supply Chain, Logistics, Distribution, Procurement, Business, Human Resources and more. In our 3rd year at Supply Chain Game Changer we have had the tremendous opportunity to share more content created by ourselves and a growing number of Guest contributors. Imagining the Supply Chain of the Future! The future of the Supply Chain is exciting.

Augmented Reality (AR) is Set to Transform Retail and the Supply Chain!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. The closure of a number of major American chains, as well as Amazon’s recent move into the grocery space with its acquisition of Whole Foods market, signal an industry in flux as it reckons with the ongoing transformations of the eCommerce revolution. Consumers don’t have to deal with lines, limited retail stock, or temper tantrums from kids – kids of their own, or their linemates.

Reflections on the LIVING Supply Chain SCRC Meeting

NC State SCRC

I led off the discussion and took this opportunity to share some of the highlights of my new book, The LIVING Supply Chain, (with Tom Linton as co-author), and try out some of these new ideas on an unsuspecting group of people! The SCRC meeting featured a group of executives, students, and faculty participating at the Supply Chain Resource Cooperative meeting yesterday in Raleigh, held at the new Talley Student Center on the NC State campus.

Learning to Work with Machines That Learn What the Experts Know

NC State SCRC

It is no secret that future generations of managers are being asked to learn all about the different processes in the end-to-end supply chain, and be able to come together with others in a fast action plan when a disruption strikes. And people are often hesitant to bother these experts, or in many cases don’t know who they are, nor how to ask the right question that helps to access the specific gray matter between the ears of these experts for help with a specific problem!

Best Practice: Creating a Governance Mechanism for Analytical Learning in Organizations

NC State SCRC

There are systems directors in both the procurement and logistics/planning teams. Recognizing the importance of having the right mix of data scientists and SMEs, the company has established a supply chain information and analytics organization composed of data scientists, operations research, and statistics PhDs to work on problems they are directed to from the business. Questions addressed include, “What will be the next generation of products?”

eWorld Procurement & Supply September 2016

Supply Chain Movement

eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. Since 2001, eWorld Procurement & Supply has provided a unique insight into the latest innovations and technologies for senior procurement, supply chain and finance executives. eWorld Autumn 2016 will take place at the QEII Centre central London on Tuesday 27th September and will focus on hot topics such as: Brexit: How to Prepare and What Does it Mean for Procurement?

Our Top 10 Blog Posts … So Far!

Supply Chain Game Changer

The number of categories has continued to grow. In that time [link] was also selected by Feedspot as one of the Top 75 Supply Chain Blogs on the Internet. We have achieved some remarkable results by applying a set of Change Leadership principles and techniques.

Lean 63

Technologies that Impact Procurement

Claritum

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. Rather than repeat these and try to tell you what you already know, that change is a good thing if it produces better results. 2 Technologies and Procurement Table. This is the domain of analytics and prediction.

Procurement, Industry 4.0, Cybersecurity, Robotics and Automation: The Image of Manufacturing is Evolving.

Cerasis

Let’s take another look at how procurement, computing power, industry 4.0, cyber security, advanced robotics and automation became top priorities for research, development, and implementation throughout the past year’s operations in the manufacturing industry. . Machine learning is inextricably linked to the use of robotics and automated systems, and according to the National Institute of Standards and Technology, the use of robotics and automation in 2016 saved $57.4

The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

Cerasis

This unwavering drive represents the continued interest in advancing today’s capabilities with state-of-the-art technology and adaptability. From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends. In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing.

Lean 179

DISRUPTIVE TECHNOLOGIES IN PROCUREMENT – IS THE CHANGE COMING?

Eyvo

Digital procurement has been the talk of the town in the industry. As a result, companies should be ready for such disruptions in every aspect of procurement. The influence of disruptions in procurement can be seen in – better supplier relationships and effective management, strategic sourcing and better spend measurability. These technologies can potentially change the way procurement works. Why does procurement need this?

Digitalization in Procurement: Your Questions Answered

Jaggaer

Last week JAGGAER hosted a webinar reviewing the findings of our recently released 2019 Digital Procurement Survey Report. We reviewed the key takeaways and provided recommendations for how procurement professionals can begin to take advantage of next-generation technologies. Our engaged audience left us with more questions than we could get to in our allotted time, so in the spirit of continued learning we’ve answered some of the biggest concerns below.