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Learn to Innovate Supply Chain in an Hour.

Can you really learn how to innovate supply chain in an hour?  All the links below have videos and the run time for all of them together is right about an hour.  Putting this together so that no one can use the excuse “if I only had the time.”  You aren’t going to become an expert but you will pick up terminology and strategies that are being used to innovate supply chain.  What the information below provides is the ability to know a little bit more than what others know.  If you can show you know more than others then you could be selected for that special project.  There are many supply chain leaders who haven’t fully grasps the concepts below so even with a busy schedule anyone can come up with an hour for training.  Some of the information that will be covered below includes: Blockchain, IoT, AWS, Big Data, RPA, Lean Supply Chain, robotics, AI, Industry 4.0 and the future of supply chain.

Make no mistake, the world is changing.  Are you going to wait for the world to change around you or are you going to be part of the change?  Get up to speed on emerging technologies and be part of the future.  The future has begun.

There have been a number of innovations in the field of supply chain management in recent years that have had a significant impact on the way goods are produced, distributed, and consumed. Some examples of these innovations include:

  1. Artificial intelligence (AI) and machine learning: AI and machine learning technologies have been used to optimize supply chain processes, including demand forecasting, inventory management, and transportation planning.
  2. Blockchain: Blockchain technology has the potential to revolutionize supply chain management by providing a secure and transparent way to track and verify the movement of goods and materials.
  3. 3D printing: 3D printing technology allows companies to produce custom parts and products on demand, reducing the need for large inventories and allowing for more efficient production and distribution.
  4. Autonomous vehicles: Autonomous vehicles, including self-driving trucks, have the potential to significantly improve efficiency and reduce costs in the transportation sector.
  5. Internet of Things (IoT): The IoT, which refers to the network of interconnected devices that can collect and share data, has been used to improve supply chain visibility and optimize operations.

Overall, these innovations have the potential to significantly improve efficiency and reduce costs in the supply chain, and they are likely to continue to drive innovation in the field in the coming years.

Innovate Supply Chain Quotes

  • “Sooner or later, the U.S. will face mounting job losses due to advances in automation, artificial intelligence, and robotics.” ~Oren Etzioni
  • “You shouldn’t fear immigrants taking your job, you should fear robots.” ~Sead Fadilpasic
  • “Artificial intelligence will change supply chain more in the next 10 years than all the changes in the last 50 years.  If you aren’t working on automation you could be automated so choose wisely.” ~Dave Waters  
  • “Some men look at things the way they are and ask why? I dream of things that are not and ask why not?” ~Robert Kennedy
  • “Because salaries are likely to stagnate as minimum-wage hikes will stimulate the use of more robots. Corporate profits will balloon. Labor unions may disappear or be forced to make wholesale changes, as unemployment is likely to rise. And because robots don’t pay taxes, the government must discover additional revenue streams.” ~Gregory Clay
  • “The way we look at manufacturing is this: the U.S.’s strategy should be to skate where the puck is going, not where it is.” ~Tim Cook
  • “You’ve got to buy the robot, but then relatively little op ex. You can work them 24 hours a day. They aren’t going to join a union or get sick, and they don’t expect a salary.” ~Alec Ross
  • “The best supply chain companies are always evolving.” ~SupplyChainToday.com
  • “One of the reasons why I’ve set up the President’s board with scientists and the like, again — is we’re going to invest in medical research — cancer, Alzheimer’s, diabetes, the things — industries of the future — artificial intelligence, quantum computing, biotech. And we’re going to make real investments. China is out investing us by a longshot, because their plan is to own that future.” ~President Biden
  • The first to fully integrate the following technologies will create a near autonomous supply chain: IoT, Big Data, Blockchain, 3D Printing, Artificial Intelligence, and robotics.” ~EverythingSupplyChain.com
  • “Artificial Intelligence will innovate supply chain in ways that haven’t even been thought of yet.” ~Dave Waters
  • “You can’t solve a problem on the same level that it was created. You have to rise above it to the next level.” ~Albert Einstein

Innovate Supply Chain

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