The Fourth Industrial Revolution, or Industry 4.0, has brought transformative technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), Big Data Analytics, and Blockchain into the industrial landscape. Among the many sectors reaping the benefits of this digital transformation is the supply chain. Traditional supply chains, which often operate in silos with limited …
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Supply Chain Management: A Structural Overview
When someone mentions “supply chain management” to you, what’s the first thing that comes to mind? For many of us already embedded in this industry, it’s not just about moving goods from Point A to Point B. It’s a complex, interconnected web of processes that work together to ensure that a product goes from being …
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The next era in aerospace supply chain evolution?
Shortly after becoming CEO of Ford Motor Co., former Boeing Commercial Airplanes chief Alan Mulally was asked if he was ready for the complexity of the automotive industry. “An automobile has about 10,000 moving parts, right? An airplane has 2 million, and it has to stay up in the air,” he reminded his Detroit audience. …
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