What Clever Robots Mean for Jobs (WSJ)
In the Australian Outback mining giant Rio Tinto uses self-driving trucks and drills that need no human operators at iron ore mines. Automated trains will soon carry the ore to a port 300 miles away. The new equipment cut many driving jobs, but the reductions will be partly offset by new types of work.
The Financial Risk Lurking in Your Supply Chain (CFO)
Perhaps unaware of that weight financial risk to their companies, many CFOs completely delegate supply chain risk management to a risk manager or supply chain manager. In my opinion, it’s beneficial for finance folks to drill more deeply into what these managers know about supply chain risks.
Why we need to learn to trust analytics (NYT)
People are reluctant to give computers a second chance when they mess up, even if it’s clear that the machines have a higher hit rate overall. Given that in many situations their “judgment” is superior to our own, that’s a problem. If algorithms are really going to live up to their potential to help us, we’re going to need to figure out how to put more confidence in their results.
MIT Forum for Supply Chain releases annual report on U.S. manufacturing
Survey indicates 13.5 percent of manufacturers intend to move some manufacturing activities back to the U.S.
Shippers turn to airfreight to avoid port delays
Many shippers are temporarily shifting to airfreight to deliver their eleventh hour holiday shipments in order to avoid chronic congestion and labor slowdowns at U.S. ports, according to this week’s issue of Container Insight from Drewry Maritime Research.
Dealing with Supply Chain Big Data
As supply chains get bigger, more complex, and demand faster responses times, expect to see NoSQL databases and complex event processing gaining a foothold.
Samsung Galaxy S5 Inventory Problems (WSJ)
Samsung produced about 20% more devices than it did of the Galaxy S5’s predecessor, basing the numbers on a survey of its carrier partners around the world, who were asked to predict demand but who weren’t on the hook for any unsold devices, according to the person. That led to merchandise piling up in warehouses, forcing Samsung to increase marketing expenditures to unload the devices.
Logistics Outsourcing Amplifies Supply Chain Risk (WSJ)
Logistics outsourcing, global supply chains and cost-cutting measures are exposing companies to higher levels of supply chain and business interruption risk, say insurers and risk managers.