Every business that hopes to successfully compete beyond the grassroots level to reach the global, modern stage is being redefined by digital technologies.
You buy and pay for things by picking them up and walking out of this convenience store. That’s it. Thus, Amazon Go epitomizes the company’s obsession with removing friction from shopping.
IBM has unveiled what it claims is the world’s smallest computer — the size of a grain of salt. The computer will cost less than $0.10 to manufacture, and is intended for logistics applications.
It began in December, with CVS’s proposed $69bn buyout of insurer Aetna. In January, three more corporate behemoths — Amazon, JPMorgan Chase and Berkshire Hathaway — said they were forming a joint venture aimed at reducing health care costs and improving outcomes for their combined 1 million or so employees.
Technologies that were previously considered futuristic, overly complex, and unable to be financially justified are becoming mainstream. This is no longer "emerging technology" -- it is here, it works, and it is now being implemented, changing the supply chain. Warehouses, distribution centers and fulfillment centers are accelerating their adoption of newer technology solutions. It is time for executives to reevaluate their initial assumptions across material handling and technology solutions. -David Meyers, Principal, Tompkins International
Multiple business influences mean that managing global supply chains in a digital economy requires a new perspective and skill set not yet robust in many firms. Achieving this end state requires transformation of key supply chain activities – one of which is transportation. -Karl B. Manrodt, Professor of Logistics and Supply Chain Management, Georgia College & State University; and Mary Collins Holcomb, Professor of Supply Chain Management, University of Tennessee
The latest news, analysis, trends and solutions for big data, blockchain and the internet of things (IoT) and their impact on supply chain management. Big data describes the large volume of data that inundates a business on a day-to-day basis and can be analyzed for strategic business insights. IoT is the means that collects and sends data from a range of “things” — anything from watches to fridges to cars — that are connected to the internet with sensors or computer chips. Learn how companies around the world are using big data, blockchain and IoT for supply chain optimization and competitive advantage.
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