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What is OMNI Channel? – Where Does It Fit?
By: Jim Gitney
All of our clients are having OMNI channel discussions these days. Why? Because OMNI Channel is the front end of the supply chain and has a significant impact on supply chain optimization. These discussions are fraught with a lot of misunderstanding of what OMNI channel is and how it supports the company’s Market Effectiveness. Googling OMNI Channel delivers …Read More
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Why Should You Care About Blockchain and IoT?
By: Jim Gitney
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 More
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The Internet of Things – IoT : Making sense of Its Components
By: David O'Connor
The phrase “Internet of Things (IoT)” or “Internet of Everything (IoE)” and its application to manufacturing and distribution does not bring to mind a concrete set of images or business approach to most senior executives. In fact, the opposite is true, …Read More
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Digital Supply Chain Technology …… Are you leveraging it to the fullest?
By: Jim Gitney
“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 More
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Case Study: Sales, Inventory, Operations Planning (SIOP) Process Improvement – Order to Cash
By: Jim Gitney
- Reduce working capital by approximately $15M
- Lower yearly costs by nearly $2.5M
- Reduce lead times from forecast to delivery to 70-110 days putting them in the top quartile of their customer’s vendors.
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Digital Technology as a Strategic Asset
By: Shirish Nene
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 More
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Where Did My Lettuce Come From? – This Question Needs an Answer!
By: Jim Gitney
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 More
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Group50® Consulting announces Scioebc™ the first Blockchain product powered by THINaër, the end-to-end platform for the Internet of Things
By: Jim Gitney
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 More
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Supply Chain Modeling and its Importance
By: Jorge Silva
Offshoring, onshoring, nearshoring, are business solutions that international and multinational companies have used for years. However, only a very small percentage of these companies have in-house tools that are effective at supply chain modeling and can help senior leaders …Read More
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Doing Business in Mexico: Mexico’s Legal System
By: Judith A. Wilson
Mexico’s legal system is a result of the 1910 revolution and the subsequent promulgation of its Federal Constitution on February 5, 1917. Although historically influenced by the legal systems of Spain, France, and the United States, Mexico has been able to structure and maintain a distinct legal system that incorporates truly unique Mexican components. Mexico’s legal system is a civil law system but not as it exists in other civil law countries.
Patterned after the United States, …Read More