Category Archives: Innovation

Innovation is a Team Activity

Innovation is a Team Activity

Supply chain management is a team endeavor, and developing an effective operational team is a challenge for any organization. But including innovation in the mix compounds that challenge. A study conducted last January by the MIT Supply Chain Strategy Lab sheds light on the dynamics of supply chain teams, and the factors that impact theirRead More

Internet of Things Can Drive Big Savings in the Post-Sales Supply Chain

Internet of Things Can Drive Big Savings in the Post-Sales Supply Chain

An area where the Internet of Things (IoT) can live up its hype is the post-sales or service supply chain. Sensors and product log files can be used to track and analyze the performance of installed products ranging from computer equipment and storage devices to production machinery. IoT-enabled product monitoring provides much greater precision andRead More

A Fresh Take on Supply Chain Innovation

A Fresh Take on Supply Chain Innovation

Companies are presented with many opportunities when they decide to enter a new market. Venturing into unfamiliar territory offers a unique chance to innovate and make changes that benefit the business as a whole. One of PepsiCo’s growth strategies is to proactively adapt to emerging market trends for natural, healthy, and nutritious beverages. The strategyRead More

13 Universities Adopt MicroMasters and Launch 18 New Programs Via edX

13 Universities Adopt MicroMasters and Launch 18 New Programs Via edX

In October 2015, MIT launched the MITx MicroMasters credential, which enables online learners to take a semester’s worth of master’s-level courses on the edX platform, then complete a master’s degree in a single full semester on campus. The first MicroMasters in Supply Chain Management (SCM) has seen incredible success. Over 127,000 students have enrolled inRead More

How Will Pokémon Go Shape Real-World Demand?

How Will Pokémon Go Shape Real-World Demand?

  The mobile game Pokémon Go could be part of future Sales & Operations Planning (S&OP) meetings. The free game played on smartphones has become phenomenally successful. The next stage of its rapid growth could include commercial tie ups that generate traffic for retailers and hence stimulate consumer demand for their products. Pokémon Go brings togetherRead More