Daimler AG, owner of the Mercedes-Benz brand, warned that a fall in demand for diesel cars and a switch to electric vehicles could force it to prop up its supplier base.
There's no question pharmaceutical supply chains are complicated. Add industry and government regulations — topped with geographical complexities — and it's become more challenging than ever for multinational companies to get beyond node-to-node planning.
As companies digitize and integrate their enterprise and implement advanced analytics, they are learning that collaboration is the key to market leadership. Collaborative channel relationships are transforming the buyer-seller relationship from transactional to strategic. Working together to integrate and share process information, partners experience performance improvement by focusing on the least landed cost at every point in the channel versus leveraging price. Regulatory compliance for track, trace and authentication can only be realized through digitization. -Rich Sherman, Senior Fellow, Supply Chain Centre of Excellence, Tata Consultancy Services
Travel buyers should start talking to their travel management companies (TMCs) now about how changes to flight booking technologies could impact them, Red Bull’s head of procurement has said.
Airbus is enthusiastically pushing into the drone segment — the company showed off its Alpha One drone taxi earlier this month
— and now it has for the first time demonstrated drone-based package deliveries.
Research into the "industrial" application of the Internet of Things finds unequivocally that IIoT is transforming supply chains. Most of the implementations have been by early adopters trying to get an advantage over their competitors. Projects have a number of different objectives, but typically fall into: more efficient operations; improved customer experience; or new revenue opportunities. -Dan Roberts, Senior Consultant, Cambashi Limited
They call what they are building Puertopia. But then someone told them, apparently in all seriousness, that it translates to “eternal boy playground” in Latin. So they are changing the name: They will call it Sol.
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
The digital revolution is well underway and big data is no longer just a buzzword found in journals. Instead, data and the direct application of that information is being used to advance manufacturing around the world. This change is revolutionizing the way we look at Six Sigma approaches and application. -Melissa Hadhazy, Associate Partner, Infosys Consulting