Getting Confused about Supply Chain Planning?
We all know planning is important. Benjamin Franklin once declared, “By failing to prepare, you are preparing to fail.” While that concept seems straight forward, supply chain planners are faced with a
In this blog, we discuss cognitive computing and other technologies with a focus on supply chain management and innovation. Other topics of discussion include digital enterprise transformation, marketing, the Internet of Things, and smart cities. Our goal is to advance the public discussion about how cognitive computing and other advanced technologies affect the world in which we live.
Bradd C. Hayes is the active editor of this blog.
We all know planning is important. Benjamin Franklin once declared, “By failing to prepare, you are preparing to fail.” While that concept seems straight forward, supply chain planners are faced with a
Walmart recently made headlines when it toughened delivery demands for its suppliers. Reporting on this development, Jennifer Smith (@jensmithWSJ) and Sarah Nassauer (@SarahNassauer) write, “Looking to cut inventory while meeting e-commerce demands,
The world is becoming so specialized it’s difficult to find generalists in almost any field of endeavor. Supply chain managers probably come as close to being generalists as anyone in the business
Vince Lombardi, the late, great football coach, once stated, “Perfection is not attainable, but if we chase perfection we can catch excellence.” Logistics professionals could adopt that statement as their motto. Half-a-decade
Okay, I admit the headline is sarcastic. It comes as NO surprise that in the digital age cyber threats are becoming a greater concern. The late Palestinian poet Mahmoud Darwish once wrote,
As supply chains become more digital, it makes sense to leverage the massive amounts of data being generated by digital transactions in the planning process. At the same time, planners need to
When members of the greatest generation and baby boomers were growing up, the milkman was a familiar early morning visitor to many homes. He would leave fresh milk on the porch and
Anyone who has served in the armed forces knows the military loves its acronyms. For years the military has used the acronym VUCA to describe what, in wartime, is often referred to
The last mile of most traditional logistics’ journeys ended at a retail store. The exceptions were goods purchased from mail-order catalogs. With the rise of e-commerce, the last mile journey can end
Few people would argue that lack of planning is a good thing. Benjamin Franklin once declared, “By failing to prepare, you are preparing to fail.” Do things always work out according to
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