technological advancements in supply chain management

Investing in SCM Technology: 6 Hints for Success – From a Long Time Ago in a Galaxy Far, Far Away

“Chaos, complexity, and uncertainty” often victimize an organization’s supply chain outstripping the ability of spreadsheet-based tools to respond intelligently. Sounds like 2020? In fact, this comes from one of the original Jedi Knights Dr. Harlan Crowder in a 1997 paper titled “Helpful Hints for OR/MS Consultants”. The purpose of this blog is to revisit this paper since the hints for success are as relevant now as they were then.

By
Dr. Ken Fordyce
November 4th, 2020
Central Planning, Machine Learning, Supply Chain, Supply Chain Management Technology Investment

Invest in Supply Chain Management Technology: Survival and Ability to Respond to Emerging Challenges

When and how to invest in supply chain management technology is a critical question for all firms that is not a one-time question but ongoing. This blog will observe the real business value is “survival and responsiveness” and elaborate on the challenges with this evaluation.