The future of the automotive industry has arrived. Electric vehicles and autonomous driving are fundamentally changing the business models and supply chains of automotive OEMs – and that’s putting many automotive companies in a tough position. How can they profitably meet the demands of today’s consumers while investing heavily in the innovations that will sustain them tomorrow? -Tom Roberts, SVP Global Marketing, PrimeRevenue
With the emergence of new digital technologies such as Mobility, Big Data, Internet of Things, Cloud, Business Intelligence/AI, Machine Learning, etc., new and more abundant sources of data are available to improve supply chain planning and execution. Advancing in analytic maturity is the most significant competitive lever in the history of business. Why? Time. Advancing in analytics maturity takes time that many companies aren’t able to make up in a market race. -Rich Sherman, Senior Fellow, Supply Chain Centre of Excellence, Tata Consultancy Services
Behind the bar of San Francisco's Four Seasons Hotel last March, a set of doors led into an empty cafe room where an unknown, 25-year-old British-Nigerian entrepreneur named Silas Adekunle was about to meet a senior executive at Apple.
Amazon and two other American titans are trying to shake up healthcare by experimenting with their own employees’ coverage. By Chinese standards, they’re behind the curve.
At Jabil, a highly diversified contract manufacturer, today's challenges aren't so different from most companies. Customers want visibility and flexibility in the supply chain.
Faced with increasing pressure to meet today's digital consumers' demand for personalization, varieties and values – all under shrinking lead times and heightened competition – the foremost strategy in the apparel industry is to minimize time and cost related to product development and market launch. Top companies are leading the field in 3D virtual technology applications in this area, enabling them to reduce time and cost to market, while simplifying process and improving supply chain collaboration. -John Coyle, Professor Emeritus, Logistics and Supply Chain Management; Steve Tracey, Executive Director of the Center for Supply Chain Research; and Kusumal Ruamsook, Research Associate of the Center for Supply Chain Research, all at Penn State
A survey by 3M Company finds a large number of suppliers holding back from engaging in true collaboration with buyers, due to a lack of openness and customer incentives.