Why retro refrigerators are a supply chain wake-up call for manufacturers paid Oracle
My wife and I are moving into a new house, and my wife has her heart set on a new refrigerator. It’s a modern appliance, but it’s styled like a 1950s refrigerator: rounded corners, levered handles, single door or double doors, and offered in a selection of solid retro colors, such as fire-engine red, lime green, or turquoise.
In today’s global ecommerce marketplace, consumer expectations about personalization, performance, and cost are supersized. To deliver the flexibility and responsiveness mass customization demands, manufacturers must embrace emerging technologies such as the Internet of Things, artificial intelligence, and blockchain networked ledger systems.
Unfortunately, it’s not possible for humans to react with the speed necessary to adapt to changing global requirements. Such dexterity is attainable, however, by leveraging emerging technologies.IoT isn’t new to manufacturing. But manufacturers’ use of it is still limited mostly to monitoring equipment and anticipating parts failures.
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