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Technology

How 3D virtual prototyping can compress new product development

Developing new products can often be time-consuming and resource intensive. By introducing 3D virtual prototyping and extended reality technologies, companies can make their new product development process more efficient, agile, and interactive.

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Article

Catching the blockchain wave for procurement applications

With its ability to enable transparency and traceability, blockchain has the potential to disrupt business operations. But some companies have struggled to identify where exactly to apply it. Here are seven possible use cases in procurement.

Chocolate bars and population shifts: How Hershey's supply chain is adjusting to changing demographics
Article

Chocolate bars and population shifts: How Hershey's supply chain is adjusting to changing demographics

Tomorrow's workers and customers will look a lot different than yesterday's. For the most part, they will be older, more urban, and more diverse. Supply chains will need to adapt to these changes appropriately. Here's how one global candy company is doing just that.

T = MIC<sup>2</sup>: Game-changing trends and supply chain's "new normal"
Article

T = MIC2: Game-changing trends and supply chain's "new normal"

Five technology trends are shaping a future where mobility, integration, complexity, and competition will be the defining characteristics of successful supply chain strategy.

The real impact of high transportation costs
Article

The real impact of high transportation costs

High transportation costs are driving three main shifts in supply chain strategies. These changes are having a beneficial impact not just on transportation budgets but also on broader supply chain and financial performance.