“Visual representation of the true expansiveness of the Social Web and the conversations that define it”
At first the infographic can look difficult to understand but let us explain it a little. In the centre of the Prism locates the person interested on developing a social media campaign: YOU. From here, you can shift the outer circles accordingly to fit your intent, whether it’s about value, purpose, transparency, commitment, or vision. After that, it’s just a shift of circles in order to find the tools that properly align to your business goals.
The newest version of the Conversation Prism has seen 122, with 111 new ones added. In the next two years, with the state of companies being acquired, dissolved, founded, it will be fascinating to see what the new social media landscape will look like.
Demand Sensing (DS) has become a high profile technology in supply chain management over the last 10 years or so. It is a process, automated by technology that reduces demand latency” (the often observed delay in communicating demand changes up the supply chain). DS automates the synchronisation of demand signals, combining massive amounts of data in a structured way to produce the most likely prediction of future demand. This cutting-edge process uses predictive analytics to help determine daily demand according to item, location, or customer. Demand Sensing allows you to incorporate detailed short-term demand data into your short-term forecasts to reduce forecast error by up to 50%, increase inventory accuracy by up to 20%, and optimally deploy downstream (e.g., Distribution Centre) inventory.Readmore
The use of the Internet of Things (IoT) applications is now seen as the most hyped emerging technology, overtaking the likes of Big Data and hybrid cloud computing. Some interesting point to highlight about the usage of IoT: * IoT has applications in shipment tracking, automation, and even (in the future) delivery drones. * IoT has the power to completely connect the supply chain ecosystem, providing a platform that speeds up operations at every stage But as IoT spreads through the supply chain, it brings with it new security risks and vulnerabilities that need to be addressed. Access to information about the supply chain and exposure to cyber risk are serious consequences for businesses. It is essential that strong security practices are put in place to deal with potential attacks through this new channel. One of the most important places for organisations to look is the API layer. APIs are theReadmore
In recent years, leading companies realised that their supply chain is a critical point of competitive differentiation. These organisations have made strategic investments in their supply-chain capabilities; have redefined their customers’ expectations of service, as well as their ability to bring innovation to the market. In doing so, they are able to manage risks, respond to changes in the economic, technological, and competitive environment, exploit new opportunities more effectively than their competitors, and set up efficient and effective organisations. What are you doing to turn your supply chain into a powerful source of competitive advantage? There is a variety of tactics in which supply-chain execution can drive business performance, and that senior leaders can implement to maximise the potential of their own organisations’ supply chains:Readmore
There are some very effective ways to achieve positive customer satisfaction beyond systems, logistical infrastructure, and analytics. Here after some ideas: 1. Leaders must practice effective communication with their employees, in a clear and concise manner that defines organisational goals and the methods to achieve them, by scheduling daily/weekly meetings dedicated to collaborative problem-solving to make essential changes regarding performance and to ensure a unified understanding of productivity and operations. 2. Engage, align, and empower your workforce: Focus on the core skills of employees and management to empower them. This focus will foster confidence and result in a continuous increase of productivity. 3. Construct a powerful training program to increase productivity, reduce costs, and improve customer service and satisfaction levels; incorporate your workforce into the culture of the supply chain by emphasising ways in which employees and management may enact a powerful training program.Readmore