Blockchain, the technology underlying bitcoin, has some challenges to overcome. But the potential applications are so compelling, supply chain managers should quickly learn more about it and begin to conceptualize how it can be applied to their businesses.
The ability to work and manage your supply chain in real time is all about having access to the right data. Customer expectations have changed and, delivery commitments are now next day, or next hour – customers expect full visibility into the status of their shipment through all phases of the supply chain.
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.
More than three decades after Honda Motor Co. first built an Accord sedan at its Marysville, Ohio, factory in 1982, humans are still an integral part of the assembly process — and that’s unlikely to change anytime soon.
After he attaches sensors to my ankles, shins, and knees, a technician at Brooks, the Seattle running shoe maker, asks me to do a series of knee bends and run a few steps on a treadmill equipped with a camera. The device will capture my motion with the goal of recording the biomechanics of how I run.
Planners working with complex supply chains will find that artificial intelligence systems will free them for more interesting work — and could even lead to rising in the company ranks.
Today, the physical Internet is an amorphous construct, with its scope and limits undefined. If its full potential is ever realized, then it will have the power to transform the movement of goods and people.