Are You Rethinking Your Supply Chain Strategy?
Should you be rethinking your supply chain strategy? Absolutely! There is so much volatility going on in the world that you must reevaluate your supply chain.
Manufacturers Trending to Digital
According to the Hackett Group, 77% of companies have strengthened their commitment to digital transformation due to the COVID crisis. In fact, they are not only strengthening their commitment, but the pace of adoption is increasing. A McKinsey survey found that the pandemic has significantly accelerated the pace of [...]
Blockchain, IoT, AI, Big Data. Will Anything Stick?
Should I really invest time and resources into technologies I don't know will pay back? For example, there is a lot of conversation about the value (or lack thereof) with blockchain, IoT, AI and more. This concern continues to arise and is on every executive's mind.
Data, Data, Data
Many manufacturers and distributors focus on collecting data rather than using it to analyze performance and achieve business results. "Data, data data" seems to be the hot topic for manufacturers and distributors, similarly to "location, location, location" in real estate success. What is going on? As technologies have come [...]
The Power of BI (Business Intelligence)
March 15, 2016 In today's Amazon-impacted world, if you cannot make rapid yet effective decisions, you'll be left in the dust. It is no longer acceptable to wait for IT to write a report in order to make a decision. Executives must have the "right" information at their fingertips [...]
Data Mining for Dummies
Maneuvering in today’s fast-paced business environment requires actionable information, which data mining provides. Locate your data to make your next strategic move. As I've been putting together a SIOP (Sales, Inventory and Operations Planning) executive meeting presentation, it made me think about data mining. In this case, there is [...]
7 Hot ERP Systems Trends
Stay on top of hot ERP system trends to stay ahead of the competition. Those who make a concerted effort to identify and leverage emerging trends outperform their counterparts. As I want to make sure my clients are at the forefront of this path, I pay attention to emerging [...]
Big Data & The Supply Chain
Big data is now central to supply chain management. As much as I rarely jump on the latest buzzword bandwagons (as I find them to be a waste of time), big data is an important emerging topic in supply chain.