“The Internet of things” at home – Quirky spawns Wink
Quirky, is a startup that fields product ideas and selects some to produce. Recently, one in four Ideas is for Home products that can communicate with a smartphone or a household Wi-Fi network. These ideas are pursuing the much-promoted vision of the smart home, or the consumer Internet of things.The vision has been around for years, but the reality has remained elusive. To change this, Quirky is setting up a separate company, Wink, whose main technology is software intended to be the equivalent of an open operating system, helping to seamlessly connect all kinds of automated home devices.
Nielsen Rewards Innovations of Successful New Products (NYT)
Of the nearly 3,500 new consumer goods introduced in 2012, just 14 managed to generate at least $50 million in sales in their first year and sustain that momentum into their second, according to the market research group Nielsen.
Implementing “Time to Recovery” to Mitigate Supply Chain Risk
There is a question that you need to ask your suppliers that will help both you and your supplier reduce risk and improve performance. The question is “What is the expected time to recovery if the site from which my part is supplied goes down?”
The supply chain and the NSA
Cisco Systems Inc’s chief executive officer has written a letter to President Barack Obama urging him to curtail government surveillance after evidence circulated showing the National Security Agency had intercepted Cisco equipment, a company spokesman said on Sunday.
A List of Things Starbucks Has Run Out Of (WSJ)
Starbucks must have become so successful recently that its supply chains are strained. It seems to be running out of things more than it used to. While the shortages may be a sign of solid expansion, they are also likely to alienate customers. Supply chain issues cut two ways.
Internet of Things Infographic (EBN)
The Internet of Things (IoT) has gone from being a topic best left to technology futurists to one that is about as common as corn flakes. Despite a lot of talk, there remains confusion about just how important this technology breakthrough will be for the supply chain.
After decades of exodus, companies returning production to the U.S. (LA Times)
After three decades of an exodus of production to China and other low-wage countries, companies have sharply curtailed moves abroad. Some have begun to return manufacturing to U.S. shores. Although no one keeps precise statistics, the retreat from offshoring is clear from various sources, including federal data on assistance to workers hurt by overseas moves. U.S. factory payrolls have grown for four straight years, with gains totaling about 650,000 jobs. That’s a small fraction of the 6 million lost in the previous decade, but it still marks the biggest and longest stretch of manufacturing increases in a quarter century.
Gartner Says Worldwide Supply Chain Management Software Market Grew 7.3 Percent in 2013
With supply chain continuing to be a key source of competitive advantage and business growth, the worldwide supply chain management (SCM) and procurement software market grew 7.3 percent to US$8.9 billion in 2013. The market performed well as supply chain investments kept their priority status, even as IT budget decision makers remained cautious.