Years from now when the pandemic’s impact on global business is analyzed, it’s likely that the most lucrative change will be how it pushed — or actually shoved — massive markets into the modern e-commerce era.
Near-sighted planning, supply-chain complexities and a tradition of keeping inventories low caused the semiconductor shortage that is now forcing carmakers to idle production lines and straining their relationship with chip manufacturers.
The concept of servitization — that product manufacturers compete on service offerings instead of commoditized products — requires a fundamental shift in the way businesses think, sell, perform and deliver.
The latest news, analysis and trends regarding technology solutions and their impact on supply chain management. New technologies in forecasting and demand planning, supply chain visibility, big data analytics, the internet of things (IoT), cloud and software as a service (SaaS), enterprise resource planning (ERP) and transportation management systems (TMS) and WMS are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving operations through their strategic use of supply chain technology solutions.
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