Despite the hype, Blockchain is not a "silver bullet" answer to all the problems supply chain faces today. Instead, I think the value of Blockchain will be fully realized after a cumulative progression of new technologies and market disruptions (e.g. 3D printing, AI, big data, IoT) lay a more stable foundation for Blockchain to gain acceptance. This …
Continue reading "Blockchain 101: Supply Chain Risks and Rewards"
The Concept of the Hyperloop seemed farfetched in 1963 when The Jetsons first aired. However, we are quickly approaching an inflection point between conventional transit systems and futuristic transit capability and design and Hyperloop could put us at George and Judy Jetson's front door.
Most discussions around autonomous vehicles focus on cars that move people from A to B, but when you consider the benefits of automating truck travel, automating systems for tracking product and the infrastructure necessary to support autonomous freight transit, the idea of autonomous cars quickly becomes secondary. Most commercial cargo traveling less than 500-600 miles …
Continue reading "Autonomous Trucks Vol. 2: Two Infrastructure Changes You Haven’t Considered."
Earlier this year, I made some predictions in Innovate or Die: 5 Omni-channel Strategies Amazon is Trying to Outrun. As a part of those predictions, I talked a little bit about the "barbell effect" and how there would be a dichotomy between luxury/high-end, customized, boutique firms that offered a unique customer experience for a premium and hyper-local/convenience …
Continue reading "LUXLOCK: The Internet of Product (IoP) and “The Barbell Effect” in Action."
Here is a short guide to the ins and outs of selecting and implementing a lease administration program.
It has been said that smartphone devices are designed to provide a level of gratification on par with drug use or gambling, which piqued my interest. After doing some basic research I quickly realized there are some interesting parallels between a Fortune 100 supply chain and a drug cartel. The success of the iPhone would …
Recently, the US began negotiations with Canada and Mexico to revamp some major areas that make up the North American Free Trade Agreement (NAFTA). The changes that will come out of these negotiations will have a ripple effect across the supply chain.
We've all heard stories about the "Company Town." Communities built around a manufacturer and labor forces so dependent on the company for employment that a closure or mass layoff would leave families and communities in dire straights. There are a lot of company towns still in existence today (see list here), but in the last 10 years, the younger demographic has flipped the company town model on its head. Now we're seeing many companies scrambling to follow skilled laborers and young professionals into markets that offer more than just a steady job.
Lightning bolts, floods, fires and the occasional category 5 hurricane are inevitable. They will come. It's just a matter of where and when. While it isn't sexy or fun to put a disaster recovery plan in place, it is critical to employee safety and business continuity when the worst does happen. It is also critical to understand that real estate is not the only facet of disaster recovery that may be affected if a building site is destroyed or disabled. Disasters will have a global effect on HR, IT, marketing, finance in addition to operations and real estate. A streamlined and updated Disaster Recovery Plan (DRP) can save lives and reduce the the overall impact on your company.
Building a brand new building is probably the best way to incorporate "green" systems and processes into your warehouse or distribution center. However, most companies are dealing with razor thin margins and need to instead make due with older and less efficient facilities. This post will break down five small adjustments to existing operations that …
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