What is Blockchain?

Marisa Brown's picture

Much is being said these days about blockchain, also referred to as distributed ledger technology, and its impact on business. Let’s be honest with each other: are you familiar with blockchain? If you are not, then the good news is that you are not alone. And if you are extremely familiar, you are in fairly limited company.

Overconfidence in Full Effect

Michael Sims's picture

Every so often, I hear the hilarious statistic cited that ninety percent of drivers think that they are better than the average driver. It goes without saying that this is a mathematical impossibility. And it demonstrates the proven cognitive bias known as “illusory superiority.” Why, in an evolutionary sense, humans ended up overestimating their own abilities is beyond me (although it’s a stimulating web search rabbit hole), but it never ceases to astonish me when I see it.

Digitizing the Supply Chain

Joe Tillman's picture

Digitizing the supply chain is continuing to unfold. In the past week, I’ve spoken to a few organizations about their progress to create the digital supply chain – running the gamut from getting it started in earnest, to full on using it. One thing was clear – no plans are in place to change the measures of performance.

Why Connected Devices Are Going to Power Supply Chain’s Future

Joe Tillman's picture

Within this decade, no organizational function will experience greater transformation from the Internet-of-Things than supply chain management.

The digital transformation is allowing all parts of the business to collect data that will drive decisions and operations. But the supply chain is the clear point of entry for businesses to start connecting devices that will generate tremendous volumes of data and transform operations.

Worthless Words about Priceless Memories

Michael Sims's picture

I’m going to start off this blog with a few (seemingly) random facts. First, it’s springtime. Second, my friends and I are in our late twenties. Finally, I participate in social media. These facts are relatively meaningless on their own, but, when taken in combination, they can mean only one thing: I see lots and lots of wedding photos each and every day. 

The Toyota Way Starts with Long-Term Philosophy

Alex Leake's picture

This post is part of a short series that will walk you through the 14 principles of Toyota’s production system (TPS) as described in Jeffrey Liker’s book, The Toyota Way, and provide you with practical tips on how and why to apply these principles at your own workplace.

Can we Learn from Emergency Supply Chains?

Ryan Sullivan's picture

Can we learn from emergency supply chains?

A few weeks ago there was a large condo fire at the building next to mine. I had the opportunity to watch firsthand the “supply chain” of fire rescue. Few people are involved in such an important supply chain where seconds can mean people’s lives, but when you break it down it really is a supply chain. A network is setup to facilitate customer orders, an order is received, a system decides which warehouse is best to fulfill the order, the warehouse receives the order and the product is sent to the customer.

Robotics in the Supply Chain

Joe Tillman's picture

With delivery drones, autonomous trucks, and crewless cargo ships dominating the news, much has been discussed about transforming the delivery—more specifically, the last mile—of retail in the supply chain. But for supply chain professionals, much of the focus right now is on the immediate impact of robotics further up the supply chain.

6 Proven Knowledge Retention Ideas To Avoid Disaster

Alex Leake's picture

We’ve all heard the saying “the only constant in life is change.” Change is happening faster than ever in companies around the world—whether it’s implementing new software, automating processes, or hiring/losing employees—your company will inevitably face change.

What is Automation?

Joe Tillman's picture

The future of supply chain management is automation. Or is it robotics? Or are those two the same thing? More importantly, what’s going to happen?