Technological Advances and a Paradigm Shift in Drug Research

Author(s):  
Jürgen Drews

Supply chain management (SCM) Strategy and design have innovate significantly in recent years. The buzzword currently when managing world-wide supply chains is design to growing(prenominal), incremental global complexity and volatility. Growing compression from fiscal nundinal and the impediment of increasing operating margins and working capital in this environment require efficient planning and execution of Supply Chain 4-0 “Supply Chain 4.0 – the relevancy of the Internet of Things, the application of sophisticated robotics, and the application of sophisticated analytics of big data in supply chain management: employment sensors in everything, Collaborative networks everywhere, automatize anything and everything , and analyse everything to significantly improve performance and customer satisfaction and available any time and from any where . Current paper is an effort to focus on the recent technological advances in supply chain management which is considered as Supply chain 4.0. The changes in ecosystem and benefits derived in in terms of efficiency, trackability, traceability, agility and managing bottom lines are significant.


Author(s):  
Komandur Sunder Raj

In the course of the past decade, there has been increased attention and focus on the challenges facing power plant owners in managing/optimizing performance of their power generating assets. The challenges include aging power plants, changing mix of assets in fleets used for power production, aging workforce, attrition, capturing and retaining knowledge, recruiting new talent, technological changes, obsolescence, economics, environmental regulations, and others. These challenges have resulted in a paradigm shift, creating a need for power plant owners to do more with less, while simultaneously maximizing their operating revenues and return on investment. This paper provides an overview of the challenges facing the power industry as it grapples with these challenges, and knowledge management strategies to effectively harness the power of human resources, power plant processes and technological advances/tools in managing/optimizing the performance of power generating assets.


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