We stand on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another. In its scale, scope, and complexity, the transformation will be unlike anything humankind has experienced before. We do not yet know just how it will unfold, but one thing is clear: the … More The Fourth Industrial Revolution And How It Will Affect Supply Chains
In the future, you will know the source of every component in the products you use or manufacture, how it was produced, the energy consumed in its production, perhaps even who will own it next and how much they will pay you for it. This is the natural, inevitable outcome of combining circular economy principles … More The Effects Of Linking The Supply And Reverse Chains
Companies and governments have been discussing the challenges that lie ahead as we enter a period of rapid innovation and change unlike any the world has ever seen. In a previous post we have made a number of observations about the increasing importance of data and connectivity in realizing the Fourth Industrial Revolution and singled … More Will Open Data Save Supply Chains?
The circular economy is a generic term for an industrial economy that is, by design or intention, restorative and in which material flows are of two types, biological nutrients, designed to re-enter the biosphere safely, and technical nutrients, which are designed to circulate at high quality without entering the biosphere. The term encompasses more than … More Is the Circular Economy a Myth?
The importance of customer centricity and speed in today’s consumer economy is well understood. Examples are everywhere, from custom vending machines that integrate with social media to companies such as Netflix and Uber. Consumers increasingly expect products to be individualized to their unique specifications and to be delivered on demand. The extended supply chain, from … More How The Network Economy Is Revolutionizing Supply Chains
From intelligent robots and self-driving vehicles to the Internet of Things and 3D printing, dramatic technological change is happening at lightning speed all around us. The Fourth Industrial Revolution is being driven by a staggering range of new technologies that are blurring the boundaries between people, the internet and the physical world. It’s a convergence … More The 7 Technologies Changing The Supply Chain
Do you realize that we produce 500 million pallets a year in the US alone to replace the worn pallets that we discard each year? The number of pallets out there is truly staggering. Nearly 2 billion wooden pallets are currently in circulation in the US, with a majority of them replaced each year. This … More Here’s how we can eliminate wooden pallets in the supply chain
As risks in the supply chain continue to occur and customer demand continues to be less tolerant of disruptions, more companies are recognizing the importance of creating and managing a visible supply chain. Although different interpretations and definitions abound, one way to think of supply chain visibility is: The right information, in actionable detail, on … More How to Gain “True” Visibility in the Supply Chain
Empty back hauls are the downfall of the trucking industry. Once a truck delivers its load, whether at one location or several along the way, it either returns to the depot empty or has to make a return trip to pick up cargo because there was no room on the truck as it did its … More How We Can Eliminate 50% of GHG Emissions from the Supply Chain
I read an article the other day that was sent to me by Greenbiz titled, “The art of bringing science to sustainable development”. It’s an interview actually between Mary Hoff, Editor in chief of Ensia and Pavel Kabat, director general of the International Institute for Applied Systems Analysis, a 43-year-old international organization that brings researchers … More Supply Chains Are The Turning Point Towards A Circular Economy!