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How Manufacturers Can Take Control of Inventory with RFID Technology

QAD

Manufacturers may not think they have much in common with the retail companies beyond producing the products that stock store shelves, but there could be a lot to learn from the latter as the manufacturing headwinds of the last few years carry into 2023. Passive Ultra High Frequency (UHF) tags are frequently used to track consumer products.

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The Internet of Things and the Retail Industry

C3 Solutions

This article is part of our Retail Program. Designed specifically to support global leaders by aiding in creating a strategic plan to help them win the retail game. 3 Other research is even more conservative, placing the 2018 estimate at seven billion (not including the computers and phones noted above) with growth to 11.6

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Circular Economy and Information Sharing – The Role of Logistics

The Logistics & Supply Chain Management Society

Circular Economy and Information Sharing – The Role of Logistics Feature Article by Beverly Lege , Research Associate and PhD Candidate at Hamburg University of Technology, Institute of Business Logistics and General Management, Thomas Twenhöven , PhD Candidate at Kuehne Logistics University and Prof.

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How Not to use Machine Learning for Demand Forecasting

ToolsGroup

As the tag line to a popular commercial goes, by now “we know a thing or two because we've seen a thing or two.”. Nikki Baird, Managing Partner at Retail Systems Research, recently offered a similar observation on Forbes.com , cautioning against the “Silver Bullet Syndrome. ” Machine learning has certain strengths.

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Implementing RFID for Manufacturing Visibility: A Case Study

Supply Chain Opz

This article is a guest commentary from Prof Ming K Lim who is Head of Centre of Excellence for Supply Chain Improvement and Professor of Supply Chain and Logistics Operations at Derby Business School. The technology uses tags of different size, shapes, frequencies, and operating powers to achieve specific results for different applications.

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How to Cut Costs by Improving Product Punctuality

MIT Supply Chain

Products received from suppliers are not always available exactly when retail channels need them. Researchers at MIT CTL have developed a model that uses purchase order (PO) information to help retailers determine when many different types of products need to be shipped to meet sales deadlines. Lack of visibility.

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Organizations need Machines that Learn

Enterra Insights

Every day new articles are published about the importance of artificial intelligence (AI) for businesses hoping to remain competitive in the coming decades. More often than not, those articles are referring to a subset of AI known as machine learning. Retail (inventory optimization). Education (research insight).