As the global $1.9tr e-commerce landscape continues to expand, companies are facing difficulties successfully managing cross-channel commerce across continents, supply chains, and software systems, and are losing revenue as a result.
In 2013, Michael Dell shocked the world by taking his namesake computer company private in the largest leveraged buyout since the Great Depression. He shocked it again in 2015 when he announced that the Texas company would merge with Massachusetts’ EMC, another tech industry stalwart, in one of the biggest deals in business, worth $67.7bn.
Companies adopting an intelligent operations strategy to manage their supply chains will be in the best position to succeed in the future — if they have the right talent.
Companies are drowning in data, but are low on insights. Exciting advances in analytics are opening up new opportunities for supply chain teams. The challenge is that it means charting a new path and defining new processes to take advantages of new capabilities. The path forward means charting a new direction. It is not an evolution. –Lora Cecere, Founder, Supply Chain Insights
Managing complexity has become a priority for modern-day logistics and supply chain leaders. For many enterprises, however, reliance on cumbersome legacy systems keeps them chained to the costly ways of the past.
A.P. Moller-Maersk and IBM have announced their intent to establish a joint venture to offer blockchain technology to the global shipping industry. The jointly developed platform will be built on open standards and will address the need to provide more transparency and simplicity in the movement of goods across borders and trading zones.
At the end of my last call, I put down my headphones and smiled. It just happened again. What was it? I heard business buyers string together a set of "belief statements." These are commonly held as "truths" in the industry.