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Equipping Your Supply Chain Risk Management Kit
This article discusses the importance of digital tools in supply chain risk management. Legacy methods like spreadsheets are insufficient for the modern business environment. The article recommends combining predictive analytics and blockchain technologies to identify, prevent, and mitigate risks.
Businesses Must Take and Avoid Risks
This article discusses supply chain risk management and emphasizes the importance of being proactive. It recommends using technology, scenario planning, and data analysis to identify and mitigate risks.
Preparing the Supply Chain for the Hurricane Season
This article offers advice on how businesses can prepare for hurricane season. It emphasizes being proactive with short-term actions like stocking up on supplies and long-term actions like diversifying suppliers. By following these tips, businesses can minimize disruptions and maintain a competitive edge.
Robotic Process Automation: Let the Bots do the Dirty Work
Companies are responsible for ethical sourcing throughout their supply chain. Risks include reputational damage, regulatory issues, and infiltration by malicious actors. Data analysis and cognitive computing systems can help companies identify and mitigate these risks.
Additive Manufacturing continues to Mature
Additive manufacturing (3D printing) is revolutionizing manufacturing. It excels in prototyping and customized products but is slow for mass production. Challenges include speed, standardization, and environmental impact. The future looks bright for 3D printing in many industries.
Making Manufacturing Fun for Future Generations of Workers
Industry 4.0 is the next industrial revolution driven by AI, robotics, and 3D printing. It will make manufacturing more efficient but will also eliminate some jobs. The article explores ways to attract younger workers to these jobs, including gamification and making factories more data-driven. Existing workers can also be prepared for Industry 4.0 by focusing on continuous learning, problem-solving, and interpersonal communication skills.