Academics love to quibble over definitions, but the two-letter difference between ‘digitisation’ and ‘digitalisation’ does have profound, real- world, significance. The currently accepted distinction comes from market researcher Gartner. It says that Digitisation “takes an analogue process and changes it to a digital form without changes to the process itself”. But Digitalisation “is the use of…
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In our previous blog, we learned that the problem with Supply Chain Management (SCM) lies in the word ‘chain’. It forces us to think in sequences where ‘B’ can’t begin until ‘A’ is completed.
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In our previous blog post, we learned that Supply Chain Management (SCM), was born in an era of transition. From manufacturers ‘pushing’ the products they could most easily or profitably make… To one where they had to be responsive to customers demand for choice and variety.
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In this 3-part blog series, we will look at the evolution of supply chains, from the profound changes in business organisation and technology in the 1970s. To where we are today on the cusp of yet another evolution which will prove even more significant.
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Up to now, ‘digitisation’ has largely been about ‘playing the game better’ by using IT to improve efficiencies and reduce costs. However, Big Data, Artificial Intelligence, the Internet of Things, autonomous vehicles and additive manufacturing, will not just change the rules of the game but the very game itself. Now commonly referred to as ‘digitalisation’.
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