As supply chains have increasingly become more complex with greater risks, volatility, and costs, digitizing with smart supply chains has become integral to success. Smart supply chains powered by AI are helping industrial producers improve forecasting, streamline operations, and increase their bottom line.
I was interviewed by the Intelligent Enterprise Leaders Alliance for their latest publication recently. Industry 4.0 is the next frontier of smart manufacturing. In the interview we discussed the smart way to embrace industry 4.0 with targeted, tactical, and transformative projects.
Supply chains are evolving at a rapid pace as global risks increase. To achieve success with this transformation, companies must roll out advanced technologies and develop strategies to mitigate down-the-line risks and impacts such as access to critical minerals and energy.
The U.S. unveiled its first AI Action Plan with the "Winning the AI Race" All-In Summit. The AI Action Plan focuses on a few core elements to ensure the U.S. leads the world with artificial intelligence.
Advanced Technologies for Forward-Looking Companies Forward-looking companies are pursuing advanced technologies to ensure superior customer value, address labor shortages, and deliver bottom line results. From robotics to advanced planning and forecasting systems, leverage ERP system and advanced technologies can fill gaps, automate processes, and enable superior functionality. Not [...]
What’s next for manufacturing equipment and technology? In this Supply Chain Byte, Lisa Anderson highlights three key trends that emerged from ProMat and shares how manufacturers can stay ahead by planning strategically for future advancements.
According to a McKinsey study, investment in supply chain digitization is slowing down after rapid growth in 2020-2023. On the other hand, the McKinsey Global Supply Chain Leader Survey finds that nine out of 10 respondents continue to experience supply chain challenges. And, according to Reuters, supply chain glitches [...]
