“Over the next five years, humans will more than triple the number of "things" connected to the Internet, growing from 15 billion today to 50 billion by 2020,” says Gordon Feller. But that’s only about 3% of all connectable things. What will the Supply Chain look like when 30% of things are connected? READ MORE
“The self-learning supply chain marks the next major frontier of supply chain innovation. It's a futuristic vision of a world in which supply chain systems, infused with artificial intelligence (AI), can analyze existing supply chain strategies and data to learn what factors lead to supply chain failures,” according to Fred Baumann, who leads Global Industry Strategy [...]
A futuristic new book, “The LIVING Supply Chain: The Evolving Imperative of Operating in Real Time,” by Robert Handfield, Ph.D. and Tom Linton re-imagines what supply chain is, and what it’s becoming. Their premise is that supply chains are ecosystems that adjust and evolve in ways similar to the ways the natural world behaves. READ MORE
In this age of Big Data, do economics still drive decisions in the Supply Chain? Industry professionals can access a wide range of public and private data and a vast amount of statistics and data analysis. But are resources such as Bureau of Labor Statistics or Producer Price Index still relevant today? READ MORE
“Most companies are operating in a decades-old paradigm when it comes to talent, explains the authors of this SCMR article. “New ways of thinking about—and managing—talent are desperately needed to compete in the digital era. Organizations who can successfully engage and integrate the diverse motivations … will gain a talent advantage over their competitors.” READ MORE
