TURNING CONSTANT CHANGE INTO BUSINESS OPPORTUNITY: THE ROLE OF IT IN THE MODERN DAY SUPPLY CHAIN

Neil is a C-Level executive with global experience of building and leading IT teams and digital transformations across multiple functional areas. His expertise lies in Retail, Consumer Products, Hospitality and e-Commerce.

- Neil Hampshire

When Ancient Greek philosopher Heraclitus now-famously noted that ‘change is the only constant in life,’ he couldn’t have possibly known how much that statement would resonate thousands of years later.

Some may argue that we’re in a greater stage of change than ever before: consumerism, globalization and technology are driving dramatic shifts in our world every day. The global population has grown from one billion people to seven billion in just 200 years, and there has been more information generated in the last 10 years than was accumulated in the entirety of human history before that. The rise of the IoT will only increase the rate at which information and data is created, with Gartner predicting 27 billion IoT devices in use around the world by 2020.

This constant state of change is having a direct influence on the manufacturing and logistics industries—requiring a new supply chain that not only responds to, but is optimized for, a smarter data-driven world. As technologists, it’s our job to help successfully usher in this change by turning it into business opportunity.

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