Over the last 2 years, the hype around blockchain has cooled down significantly and IoT continues to penetrate everything we do. Our use case research has found over 400 significant business implementations in just about every industry and it is expected that the 12 billion IoT devices in 2020 will grow to 25 billion by 2025. The World Economic Form believes that Blockchain and IoT has the potential to reduce cost in global GDP by $3-5 trillion over the next 6 years. I believe that number is understated.
So, why should you care? …Read MoreThis entry was posted in Blockchain IoT, Business Transformation, Manufacturing and Distribution, Supply Chain Optimization, on July 13, 2019
“The world is a supply chain, every company has one and its backbone is technology.”
We just finished supply chain optimization projects for two middle market CPG companies. In one of the projects, we created programs that will reduce inventory by $15M and annual operating costs by $2.5M (You can read the case study here). …Read MoreThis entry was posted in Cost Takeout, Information Technology, Supply Chain Optimization, on May 10, 2019
A $400M per year consumer products company was experiencing problems with their Sales, Inventory, Operations Planning ( SIOP or S&OP ) process. Lead times for product were excessive and the supply chain wasn’t responsive enough to serve the needs of its markets. Inventory had swelled 25% to over $70M. This was due to their business processes not being able to …Read MoreThis entry was posted in Case Studies, Driving Continuous Improvement Series, Manufacturing and Distribution, Supply Chain Optimization, on May 6, 2019
Companies today increasingly recognize Digital Technology and IT infrastructure as a strategic asset that provides companies with the ability to effectively compete in its’ marketplace – an observation underscored by the Nash KPMG 2017 CIO Survey finding that CIOs sit on 62% of executive boards as opposed to 38% in 2005. While their relative importance varies slightly from year to year, the C-Suite charter for Digital Technology consistently features the following items: …Read MoreThis entry was posted in Blockchain IoT, Business Transformation, Information Technology, Strategic Execution, Supply Chain Optimization, Total Cost of Ownership, on April 19, 2019
Purchasing Best Practices were important to two supply chain optimization projects we recently completed for a University and a $400M manufacturer of consumer products. All companies purchase goods and services and have various organization structures, business processes and technology backbones for handling it. In both projects, these were significantly different from each other. Irrespective …Read MoreThis entry was posted in Continuous Improvement, Manufacturing and Distribution, Supply Chain Optimization, on April 14, 2019
Most organizations do Leadership Succession Planning at some level of effectiveness. Very little has been written about the need for incorporating technology succession planning and while technology leadership is part of the standard succession planning model, little is done about succession planning and skills development for subject matter experts, their supporting teams and successive upgrades and new technologies. Teams …Read MoreThis entry was posted in Business Transformation, Information Technology, Organizational Development, Strategic Execution, Supply Chain Optimization, Talent Management, on February 10, 2019
Here are some facts to consider when deciding to add the Brown Paper Exercise to a Value Stream Mapping Project:This entry was posted in Continuous Improvement, Driving Continuous Improvement Series, Healthcare, Manufacturing and Distribution, Organizational Development, Strategic Execution, Supply Chain Optimization, on December 20, 2018
The Washington Post published an article about the outbreak of E. coli in lettuce on April 20th that stated: “Although the exact source hasn’t been identified, federal health officials have said information indicates that the contaminated lettuce was grown in …Read MoreThis entry was posted in Blockchain IoT, Manufacturing and Distribution, Supply Chain Optimization, on April 28, 2018
Group50® Consulting announces Scioebc™ the first Blockchain product powered by THINaër, the end-to-end platform for the Internet of Things
By Jim Gitney
April 17, 2018
Los Angeles, CA – Group50 announced today the launch of Scioebc™, a next generation supply chain product that utilizes the blockchain and is powered by THINaër, an IoT platform building The Internet of People, Places and ThingsSM. …Read MoreThis entry was posted in Blockchain IoT, Business Transformation, Healthcare, Information Technology, Manufacturing and Distribution, Strategic Execution, Supply Chain Optimization, on April 17, 2018
Are Your Digital Technology Platforms and Information Technology Processes Aligned With Your Business? – 8 Questions You Need to Answer
Middle market companies are challenged with leveraging their investments in Digital technology and IT infrastructure. Their systems are typically a patchwork quilt of software and hardware products that have been bolted together. They need systems that are scalable, sustainable, cost effective, available 24×7, …Read MoreThis entry was posted in Business Transformation, Information Technology, Strategic Execution, Supply Chain Optimization, on October 17, 2017
- Why Should You Care About Blockchain and IoT?
- Manage Your Business Like You Are Going to Sell It
- The Internet of Things – IoT : Making sense of Its Components
- Digital Supply Chain Technology …… Are you leveraging it to the fullest?
- Case Study in Sales, Inventory, Operations Planning (SIOP) Process Improvement
- Digital Technology as a Strategic Asset
- 12 Purchasing Best Practices
- Group50® Recaps 2018, Announces Addition of Lara Abrams to the Group50 Team
- The Need for Technology Succession Planning
- What is Kaizen ?