If you really want to make America great again you need to pay attention to the terms Digital Transformation and Industry 4.0. Why? Most jobs are not lost because of immigrants; they continue to be lost due to advances in Information Technology (IT). IT is growing in colossal leaps and bounds and is now a key differentiator between companies winning and losing. Here are a few examples: According to Gartner there were 1.5 billion...
Read MoreInformation Technology is now a core part of a forward minded and flexible company, as advances in technology have increased at an unforeseen rate in the last few years. In my last article, I described Industry 4.0 and how Cyber Systems, Internet of things (IoT), and cloud computing are driving the collaboration of workers, work machines, and IT. Let’s take a simple look at Digital Transformation and the customer experience. Not too...
Read MoreIndustry 4.0 is the intellectual or process driven method of acquiring knowledge and understanding through thought, experience, and the senses including the self-optimization, self-configuration and self-diagnosis of workers, work, machines and IT. Industry 4.0 will transform Supply Chains including manufacturing into the next wave of Information technology. I’ve written that SAP is embracing this Supply Chain digital transformation...
Read MoreRisk Mitigation – “plan is to describe how this particular risk will be handled – what, when, by whom and how will it be done to avoid it or minimize consequences if it becomes a liability“ During the Great Depression nearly 5000 banks failed. To mitigate the risk of that catastrophe happening again, the Glass-Steagall Act was created in 1933 to stop commercial banks and investment businesses from engaging with each other. For...
Read MoreAre you in control of your data? Are you ready for more SAP Data Analytics with S4 HANA? Perhaps not. I want to extract Standard SAP reports and lists across the supply chain providing a detailed analysis of Key performance Indices for you. I want to help you avoid Z reports and show you how powerful many standard SAP reports and associated graphics are. We could even use a tool to quickly extract large sets of data for you. I would...
Read More