The Internet of Things is predicted to surpass mobile phones as the largest category of connected devices in 2018. As connected technologies spur new types of digital transactions—among things, people, and businesses—companies' supply chain pressures will increase commensurately. What tools and capabilities will supply chain managers need to satisfy the growing demands of customers, distributors, and suppliers going forward? How will the procurement role evolve in the coming years?
What You Will Learn
- How digital business is driving fundamental changes in manufacturers' and retailers' business models
- Which procurement tasks cognitive technology is likely to be utilized for in the next five years
- Why predictive analytics will be used increasingly to manage supply chains
- How one of the world's largest restaurant chains collaborates with suppliers to save money and drive business growth
- How the focus of procurement is shifting from cost savings to that of being a driver of overall business value
Meet the Author
John Simpson has worked as a writer, editor, and reporter for three decades, serving stints at National Geographic and the American Institute of Architects along the way. Much of his work has focused on the impact of technology on the energy, manufacturing, and financial services industries. More recently, he covered developments in the electronics and related markets for the thought leadership journal IHS Quarterly and Engineering360.com.