by Operations Council | Dec 4, 2024 | Operations Management
It’s not enough to establish an effective method and stick to it. Leaders and teams must work to continuously improve those methods. They must look at factors like increased efficiency and cost savings to ensure their teams are optimizing their resources and enhancing...
by Operations Council | Nov 29, 2024 | Supply Chain
Digital twins are virtual replicas of an object, system, or process used to simulate potential situations and outcomes. Digital twins use real data to deliver analytical insights and visualizations. Below, McKinsey & Company will go into more detail about digital...
by Operations Council | Nov 27, 2024 | Career, COOs on the Move
The role of Chief Operating Officer (COO) is evolving at a rapid pace, and November 2024 saw a number of high-profile transitions in this critical leadership position. Whether you’re a business leader or a follower of executive trends, this roundup offers...
by Operations Council | Nov 25, 2024 | Supply Chain
What is scarcity? Scarcity means there isn’t enough of something to satisfy everyone who wants it. This can affect business through the supply chain management, hiring process, pricing, and more. Below you will learn what scarcity is and how it can impact your supply...
by Operations Council | Nov 21, 2024 | Artificial Intelligence (AI), Technology
AI plays a prominent role in today’s world of business operations. It automates processes, optimizes resource allocation, and enhances decision-making processes. But what will the future of AI look like? Experts see a future where AI plays an even more prominent role...
