Network connectivity is about to catch a gigantic wave as 5G technology emerges. Yet this dramatic change has the potential to both transform and disrupt a wide range of industries and global marketplaces, from manufacturing to transportation services to supply chain management. See the seven industries that 5G technology could ultimately transform.READ MORE at Supply Chain 24/7
“The source of competitive advantage is about to change, and your current strategy is most likely going to kill your business unless you prepare,” warns Michael Gravier of Bryant University. “Most supply chain leaders don’t really understand what’s so different about the changes underway thanks to technology, or are simply unable to afford the technology.”READ [...]
The Hackett Group found there is still significant need for procurement to address its critical development priorities for 2019. This includes improving analytical capabilities, aligning skills and talent with business needs, leveraging supplier relationships, enhancing agility and achieving true customer-centricity. READ MORE at Supply Chain Management Review
The supply chain risk management company outlines Top 10 Supply Chain Risks for 2019 and Beyond. The risk report is designed to provide the intelligence needed to help organizations re-evaluate their specific risk strategies and adapt their networks accordingly. READ MORE at Supply Chain Management Review
Kenn Cottrill from MIT says that artificial intelligence (AI) along with machine learning have captured the imaginations of supply chain professionals. However, he adds, “… practitioners should not underestimate the amount of preparatory work that needs to be done to provide a strong foundation for AI applications that can yield real value.” READ MORE at Supply Chain Management [...]
