Emerging Technologies in Supply Management, CAPS Research

About this Video

• Video Title: Emerging Technologies in Supply Management, CAPS Research
• Channel: CAPS Research
• Speakers: Andrea Porno, John Gray
• Duration: 00:02:55

Introduction

This video discusses emerging technologies in supply management, aiming to help supply managers understand and implement relevant technologies effectively. The speakers analyze what's currently working, what's not, and which technologies require immediate attention versus those that can be considered later.

Key Takeaways

• Many technologies enhance existing work rather than disrupt it: The focus is on improving efficiency and freeing up time for strategic tasks.
• Automation is key: Automating processes, similar to automating manufacturing, increases efficiency and allows for more impactful work. This is exemplified by bringing offshore work back to headquarters.
• Clean data and processes are essential: Successful technology implementation relies on having clean data and clearly defined processes in place.
• A clear business case is needed: Implementing a technology should address a specific business problem, not just because it's new or interesting.
• Start small and scale up: Organizations shouldn't feel pressured to adopt all technologies simultaneously; starting with smaller, manageable implementations is recommended.