The circular economy is a generic term for an industrial economy that is, by design or intention, restorative and in which material flows are of two types, biological nutrients, designed to re-enter the biosphere safely, and technical nutrients, which are designed to circulate at high quality without entering the biosphere. The term encompasses more than … More Is the Circular Economy a Myth?
A half-century ago, there was deep and widespread concern that automation and new technology were leading to chronically high levels of unemployment. In retrospect, we know the fear at that time was unfounded. But it is nonetheless fruitful to review the controversy. To set the stage, the U.S. economy suffered 10 months of recession from … More Supply Chain Automation And Job Loss: The Fears Of 1964
As I’ve noted from time to time, blasts of concerns over how automation would reduce the number of jobs have been erupting for more than 200 years. As one example, in “Supply Chain Automation and Job Loss: The Fears of 1964“, I wrote about what were called the “automation jobless” in a 1961 news story and … More Supply Chain Automation and Job Loss: The Fears of 1927
When you think of an automated process, the words agile, flexible or nimble may not be the first words that typically come to mind. Most people think of automated processes as efficient, accurate, or repetitive – but not agile. You may even picture an automated process as one that cannot be stopped once it has … More Workflow Automation Increases Supply Chain Agility And Efficiency
From intelligent robots and self-driving vehicles to the Internet of Things and 3D printing, dramatic technological change is happening at lightning speed all around us. The Fourth Industrial Revolution is being driven by a staggering range of new technologies that are blurring the boundaries between people, the internet and the physical world. It’s a convergence … More The 7 Technologies Changing The Supply Chain
Do you realize that we produce 500 million pallets a year in the US alone to replace the worn pallets that we discard each year? The number of pallets out there is truly staggering. Nearly 2 billion wooden pallets are currently in circulation in the US, with a majority of them replaced each year. This … More Here’s how we can eliminate wooden pallets in the supply chain
It seems that there’s a robot available for every conceivable position imaginable these days and it can get quite unnerving if you stop to think about it. What human position or function can you think of that isn’t vulnerable to robotic transplanting? Technology feeds on itself and expands exponentially. What used to take a machine … More Robotics and Job Security in the Supply Chain
Change. This one word can create a world of emotions in the human mind. Change. What’s the first thought that comes to your mind and what, if any, emotions does it stir? This is a question that I’ve often considered as it applies to the human effort to address sustainability, climate change or the desires … More Is This The Tipping Point of Climate Change?
4 Ways Retailers Can Improve Supply Chain Management Supply chain experts share their tips for tracking and expediting inventory in today’s ‘I-want-it-now,’ multichannel retail world. How Walmart Could Solve Its Inventory Problem And Improve Earnings Walmart executives acknowledged it has an inventory management problem: the company lost $3 billion in 2013 sales due to out … More This Weeks Top Ranked Supply Chain Articles
Ten Ways Big Data Is Revolutionizing Supply Chain Management Big data is providing supplier networks with greater data accuracy, clarity, and insights, leading to more contextual intelligence shared across supply chains. McDonald’s and the Challenges of a Modern Supply Chain Supply-chain transparency: firms need to develop strategies for knowing and explaining where stuff comes from … More This Weeks Top Ranked Supply Chain Articles