Industry Insights

November 22, 2018

The concept of digital twins is not new. Digital twins refer to the digital representation of physical objects, and for more than 30 years, product and process engineering teams have used 3D renderings of computer-aided design (CAD) models, asset models and process simulations to ensure and validate manufacturability. NASA, for example, has run complex simulations of spacecraft for decades. Now it's also transitioning into Supply Chain...

November 07, 2018

During the past five years, an average of 31.1 percent of respondents to annual Deloitte polls say their organisations have experienced supply chain financial crime—particularly fraud, waste or abuse—in the preceding year.

Yet, in a 2018 poll, just 15.1 percent of respondents report their organisations are using (3.9 percent) or piloting (11.2 percent) BlockChain to help mitigate financial crime risks in their supply chains.

November 07, 2018

  • In an omnichannel world where visibility is so important, a recent study by OrderDynamics reveals that only 44.1% of retailers worldwide give consumers access to inventory visibility online, a significant drop from last year’s report of 68.4% of all retailers.

Key to Supply Chain Innovation? Early Adopters of Technology Do Well, Study Says

October 07, 2018

With disruption upending every segment of business over the past decade, it may not be surprising that new research ties technological innovation to high supply chain performance. 

How predictive maintenance is changing IIoT

September 27, 2018

In every industrial process in existence today, one of the most important parts of the system is the predictive maintenance department. Shell has noted that predictive maintenance can add a number of benefits to a company, including saving time and money, as well as developing a safety architecture that can potentially save lives. It's because of these distinct benefits that large companies are looking towards predictive maintenance in order to increase their production and decrease downtime. It's no longer a case of "if it isn't broken, don't fix it," because ensuring machinery doesn't break down is by far the more financially beneficial methodology.

Two-thirds of companies consider Excel a supply chain system...

August 16, 2018

  • Excel spreadsheets remain a popular tool for supply chain management among innovators and late adopters alike, as 67.4% of respondents to an Adelante SCM survey said they used the tool.

August 02, 2018

How you source, produce and ship your company’s wares can have a significant impact on its profitability, yet many small and medium-sized enterprises (SMEs) underestimate the value of a finely-tuned supply chain.

July 29, 2018

Supply chain collaboration in discrete manufacturing creates a variation of benefits....

July 26, 2018

Young management consultants may be novices, but they’re sold as experts. Conversely, even experienced consultants, who legitimately present themselves as experts, still feel like novices when they embark on a new project.

July 22, 2018

It’s time for supply chain leaders to step out of the shadows.  New technology, especially artificial intelligence (AI) offers the potential to deliver hyper-relevant, hyper-personalised customer experiences at speed and scale. But new evidence suggests that few supply chain executives are leveraging AI to deliver such experiences and thus drive growth in today’s disrupted markets.

June 28, 2018

Supply chain inefficiencies and miscommunication through “Chinese Whispers” are costing UK businesses over £1.5bn in lost productivity according to analysis of industry data from digital freight forwarder Zencargo

June 27, 2018

There is an increased pressure on supplies of soft drinks, chicken and frozen food. And it’s all down to reduced levels of available carbon dioxide after three of the four production plants in the UK were temporarily out of action....

June 25, 2018

A small company wanted to sell whole chickens, but the lower income household members near the shop couldn’t afford the up-front costs of an entire chicken nor would it keep in the absence of refrigeration. The solution? Change the portion size of the product and work with the business owner to market small individual packages of chicken parts at a more affordable price.

June 11, 2018

There are certain areas where resilience is consistently taken into account. Sourcing is an example, where it is accepted practice to use multi-source contracts to reduce the potential of a single point of failure.

June 07, 2018

Data is everywhere today, but that doesn't mean it's always useful. This article provides insight in how to increase Supply Chain Visibility...

May 28, 2018

How can you foster innovation within the supply chain? The four principles put forth in this article can provide a foundation for implementing new ideas in a way that is successful and can be replicated across your business

May 09, 2018

A supply chain digital twin could be critical to the survival of your business. How?

April 17, 2018

The 2018 MHI Annual Industry Report outlines the barriers to building the 'NextGen Supply Chain' and how to overcome them

February 27, 2018

Designing supply chains based on the segmentation of products and customers helps companies profitably meet different channel and customer requirements. This overview of segmentation success factors and a case study of The Clorox Company's value chain segmentation program explain how it's done.

January 16, 2018

The BCG report of 2018 has identified that between 30-40% of organisations believe that digital innovation disrupts business operations...

November 14, 2017

Combining digital applications with operational changes helps yield significant performance improvements that stand the test of time.

Best Practices for New Supply Chain Talent Strategies

July 17, 2017

Demand for top talent increases as supply chain volumes and complexity rise, but the supply of that talent is decreasing.

July 11, 2017

When we speak to supply chain leaders about innovations in their supply chain, it’s not always about drones, self-driving trucks, or automated warehouses. To the contrary, it’s often about rethinking how we view our operations, leverage all our stakeholders, and in the end, deliver the best experience to the customer.

June 13, 2017

Finance & Accounting needs to continuously adapt, however there is a major technology that is often misunderstood by finance professionals that could dramatically change the game for the Finance and Accounting departments

July 06, 2017

One of the largest and most comprehensive trials of blockchain technology for global supply chains has just successfully ended with a new Australian-developed blockchain security architecture, TBSx3 potentially raising global supply chain security to a military grade as a standard feature, delivering some true Supply Chain Innovation.

July 03, 2017

Many international corporations and FMCG companies like Walmarts, Co-op… are utilizing blockchain to its supply chain management. You should, too. Let’s see why....

One of the most important business areas in any industrial facility is, of course, the supply chain. This is the point of operations that not only determine distribution efficiency but also the quality of the product a customer buys. Supply chain man1agement is a key component of productivity and this has necessitated a paradigm shift in the way it is done. One of the most significant changes is the adoption of modern technology to enhance efficiency and accountability in the entire supply chain.

Nine out of 10 chief information officers are investing more heavily in innovation, according to an annual survey by recruitment firm Harvey Nash Group and accounting firm KPMG. Should this be replicated across the end-to-end organisation?

This SAP article of 15 July 2016 addresses the need for innovation in one of the most core organisational process, being Procure to Pay. Even more than 6 months later this is still very relevant!

This is a well written BCG article describing the radical changes that will impact most organisations...

Too many companies avoid embracing innovation due to fear of change. This is your roadmap for success in operational innovation.

 

Operational innovation can make the difference between a company's success and failure today. In fact, many startups are built on ideas that don't reinvent the wheel but simply introduce better, more affordable or more practical ways of creating the wheel. For established companies relying on age-old processes and tried-and-true methods, the need for innovation is often painfully obvious. 

Too many companies avoid embracing innovation due to fear of change. This is your roadmap for success in operational innovation.

February 20, 2017

This attached report provides insight (KPMG) around the trends and challenges in the Global FinTech industry.

January 14, 2017

How can you increase the effectiveness of your Supply Chain Operations? 

January 08, 2017

CES 2017 is full of robotics and automation. However, how does CES 2017 influence our business operations and what can we learn from CES 2017?

 

If you're looking to transfer these innovations in your business, please contact Unique Excellence as the leading authority in the Operational Innovation space...

January 02, 2017

What are the key financial technology innovations that will influence the finance and accounting executives in 2017?

November 15, 2016

BlackLine (Nasdaq:  BL) took the No. 323 spot on Deloitte's 2016 Technology Fast 500™ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America– marking the seventh year in a row the financial controls and automation software company has made the prestigious list.  The 2016 rankings are based on percentage fiscal year revenue growth from 2012 to 2015.

For more information select the link below...

November 17, 2016

In the last few years, RPA (Robotic Process Automation) has been on the rise. The following article provides an interesting view on how organisation transition beyond their ERP solutions and use RPA to further innovate their application landscape.

For more information, select the "Read More" button below...

May 15, 2016

Interesting article from Deloitte's describing how robotics and automation starts to enter the "business world".

 

Link: Intelligent automation entering the business world 

April 28, 2016

CFOs and their finance teams are taking notice of the next wave of digitalization. They are looking to transform the finance function by applying the latest technology innovations that can give their companies a competitive edge in the digital economy.

 

The article highlighted key themes emerging from a recent global survey of more than 1,500 finance professionals in large and midsize firms, conducted by CFO Research and sponsored by SAP. Titled “Thriving in the Digital Economy,” the survey sought to gain an understanding of what finance professionals from all levels see as the source of their future success...

 

Link: Thriving in the Digital Economy