IT BUDGETS
The
future of supply chain is here
“ EASY ACCESS TO ACCURATE , REAL- TIME DATA STREAMS THAT UNIFY DATA FROM ACROSS THE ORGANISATION HAS NEVER BEEN MORE IMPORTANT ”
NICKY TOZER SVP FOR EMEA , ORACLE NETSUITE
an esoteric field , a murky study of logistics and warehousing that few outside the industry understood , or cared to ”.
Jackson and Stone believe that while investments in SCRM tech have taken a wide variety of paths , three clear themes have emerged : customised , specific solutions ; big data solutions ; and automated due diligence solutions .
“ Blockchain technology is revolutionising the world of customised supply chain management . Using distributed ledgers and open record-keeping — the foundations of blockchain technology — companies can establish near-perfect knowledge of every item in their supply chain , down to thirdtier suppliers ,” they say .
When it comes to IT budgets , “ the ability to reduce costs stems from organisations ’ ability to understand what controls and optimisations they can put in place ,” says Simon Wilson , chief technology officer for Aruba UK & I .
Supply chains are becoming more dynamic , covering larger networks and , with developments like 5G , IoT devices , and Wi-Fi 6 , edge computing is becoming almost a necessity , according to Wilson .
146 July 2022