Blockchain is so much more then cryptocurrency, and despite the scepticism, it is here to stay. I’ve had a blog on blockchain on my mind for a while. As far as business buzzwords and hype, it has to be right up there with the best of them. Everyone is talking about it, or asking about … Continue reading Still Trying To Understand Blockchain? Here’s The One Thing You Really Need To Know
Procurement has traditionally lagged behind when it comes to technology, but does artificial intelligence offer an opportunity for things to change? Artificial intelligence (AI) is going to make business better, at least that is what the solutions providers would have us believe. Businesses will be more agile, more efficient and, importantly, more profitable. Yet it … Continue reading After A Slow Start, AI Is Starting To Make Its Mark
The Kraljic Matrix revolutionised Procurement in 1983. Now the world looks very different. Is it time for an upgrade? The year was 1983. This was the year that the Internet was created. Bill Gates unleashed Microsoft World on the market. Star Wars Return of the Jedi was playing in the cinema. I was nine. And … Continue reading What Can Yoda Teach Us About The Kraljic Matrix?
In a digital future, relationships will continue to matter when it comes to risk management… I recently attended a procurement event, and, over lunch, I had an interesting discussion with other procurement practitioners about supply chain risk management (SCRM). One of the people at the table stated that his organisation was not looking into increasing … Continue reading Lessons In Risk Management: Unity Is Strength
Why do organisations and leaders face such a challenge in using data at all, much less using it effectively. It’s everywhere and it’s generated every second. Just texted someone? You created data. Just booked an Uber. You created data. Did some grocery shopping? You created data. And that’s before we even get to your professional … Continue reading Is Data A Promise Or A Peril? 3 Things That Really Matter
Becoming aware of blockchain’s weak spots is an important first step towards taking full advantage of what the technology really has to offer. Is Blockchain coming of age in 2019? Judging by the first half of 2019, it seems that the blockchain hype is finally deflating and there is an overall consensus that it will … Continue reading Transparency In Supply Chains And Blockchain: What Is The Most Common Trap?
For supply chain professionals, the drive to use AI is there. But how do organisations get to the point when AI-enabled supply chain management is the norm? “Electricity changed how the world operated. It upended transportation, manufacturing, agriculture, health care. AI is poised to have a similar impact. Artificial Intelligence already powers many of our … Continue reading Is AI The New Electricity?