The role of the procurement professional in the supply chain is changing. What used to be a discipline focused exclusively on cost savings has become an integral and strategic part of the larger organization.
Supply chains can become fragile and broken. Managing abrupt changes in the manufacturing environment — both planned and unplanned — is among the key benefits of the digital enterprise.
European Union tech czar Margrethe Vestager will unveil on Wednesday plans to help the bloc compete with the U.S. and China’s technological might on its own terms.
Analyst Insight: With fierce global competition and changing regulations in the food and beverage industry, the speed at which enterprises can react and adapt is imperative to their success. Digital solutions that provide supply-chain visibility from field to factory, distributor and customer have disruptive potential. These solutions generate a tremendous amount of data that can be harvested and used to optimize processes, identify risks, and improve quality in real time.
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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