The Winds of Procurement Change are Blowing Strong

As business continues to become increastingly global, the definition of end-to-end is changing.  Companies formerly thought of processes like procure-to-pay as internal only. However, as supply chains stretch further around the globe, they are fast realizing that it has greater strategic promise. And they are using the more accurate term source-to-settle to describe a process…

Container Shipping, Procurement Go Blockchain

U.K.-based Marine Transport International, a freight forwarder company, has begun to offer shippers the use of blockchain for their digital ledger data, as the platform sees adoption beyond the financial services sector. Among other things, the company says blockhain will remove much of the bureaucratic waste and costs associated with the communication of supply chain-…

Steve Jobs Heard in Supreme Court

Just a week after the fifth anniversary of his untimely passing, Steve Jobs made an appearance — at least in spirit — at the U.S. Supreme Court. I was attending the oral argument in the patent suit between Apple and Samsung[1], and as I watched the arguments unfold, I was reminded several times of Mr.…

Blockchain Set to Transform Supply Chain

Bitcoin has gone beyond being a tool for geeks to trade money. Now, cryptocurrency and related technologies are set to enable new types of contracts and business dealings in financial services. The market is poised for stellar growth. A new market research report published by MarketsandMarkets estimates that the blockchain technology market will grow from…

Samsung & Apple: Living in Interesting Times

Two of the major personal electronics giants have had an interesting year. Apple's smart-watch business never took off, though that's an industry-wide phenomenon, and the expected new i-Phone 7 release turned into a minor polishing of the i-Phone 6. Add to that, indications are that we may have a peaking smart-phone market, while Apple is…

Digital High Performers Rare in Tech Industry

The high-tech industry should be a leader in understanding the needs for, and deriving benefits from, a complete digital transformation. However, new evidence suggests that few in this industry are generating financial success from their extensive digital investments. Many high-tech companies are embracing cloud, analytics, or mobile platforms to drive greater efficiencies to become more…