Let’s begin with a simple multiple-choice question.
A recent article published by the Jigsaw Group, an organization that focuses on business improvement and supply chain technologies, lists the Top 10 Shocking Supply Chain Statistics. If your role is in supply chain management, you may not find these stats shocking, but you may be surprised at how simple the solutions are.
Common topics at supply chain trade shows and presentations include Artificial Intelligence (AI), Internet of Things (IoT), Advanced Analytics, Blockchain, Robotic Process Automation (RPA), and on-and-on. However, most business supply chain operations do not reflect these technological advances. Bulletin boards, white boards, and thumb-tacked charts and graphs still act as the key reporting and tracking tool.
Recently I revisited the subject of digital supply chains because I ran across one of my favorite quotes about all the big data and information at our disposal today.
What an exciting time of year this is, right? All the hype around your favorite team – #1 Seeds or Cinderella Teams. How will your team or player perform, and will your team live up to all the pre-season hype? Well, finally March Madness is here, but… what if the latest headline today read as follows: