Supply chain visibility and traceability are key to improving operational efficiency and enabling communication among trading partners. Yet in the event of a crisis, visibility and traceability become imperative in order to quickly identify—and solve—the problem. Not only do you want to fix the problem as soon as possible so that the minimum amount of product is affected; you also want to reassure customers that you’re taking the necessary steps to protect their safety and earn the investment they’ve made into your goods.
Topics: chipotle, chipotle e coli, chipotle supply chain, consumer confidence, product recalls, product safety, Supply Chain Management, supply chain traceability, supply chain track and trace, supply chain visibility, traceability
With the holiday season in full gear, businesses race to keep up with customer demand and as a result, inventory management challenges rise to the forefront. A recent study revealed that out-of-stocks, overstocks and returns cost retail businesses a massive $1.75 trillion a year. To protect your bottom line, you need to know what’s in stock, what’s on order, and where and when it’s shipping—in short, you need real-time visibility into your inventory. Fortunately, cloud-based inventory management can play a crucial role in preventing feast or famine and addressing industry-specific inventory challenges so that you can escape the #blackfriday #fail Twitter hashtag combination next year.
Pediatric neurosurgeon Ed Smith uses a 3-D printer to prepare for difficult surgeries. Days ahead of a surgery, Smith prints a model of the brain and tumor to be operated on so he can develop a tactile understanding of the procedure ahead. Clive Thompson, writing for WIRED’s Gadget Lab, quotes the neurosurgeon, “‘I can hold the problem in my hand,’ Smith says. ‘I can rehearse the surgery as many times as I want.’”
Technology evolves quickly—so quickly, in fact, that it can be tempting to tune out the tech chatter. If you’re a stakeholder or decision-maker in your company, how do you know what new technology to pursue? In KPMG’s fourth annual Global Technology Innovation Survey, 832 technology industry business leaders from around the globe offered their input on a wide variety of tech-related topics, including identifying the technologies that will have the greatest impact on driving business transformation over the next 3 years. Let’s take a look at their top four responses.
New updates to the DSI Digital Supply Chain Platform (DSCP)TM , 8.2 SP1, make it easier to deliver rich, browser-based apps using an HTML5 client. Because you can deploy these browser-based apps to a broader range of devices and across more platforms without the need for device-resident client software, you’ll have less administrative overhead and the ability to distribute applications more broadly. The DSCP updates also include transaction analytics (pictured above) to help customers keep tabs on transaction activity and diagnose performance issues when integrating with back-end systems of record.