Remove 2012 Remove Freight Remove Internet of things Remove Inventory
article thumbnail

Top 20: The Ultimate Logistics Technology Roundup

Freightos

of total tech investments in 2012 to 1.37% in the first half of 2014. Faster service, great capacity usage and direct connectivity with freight companies means better access to service providers. Freight Marketplaces : Cargomatic is a prime example of the rebirth of freight marketplaces. We know how you feel. The result?

article thumbnail

Wearable Technology in the Supply Chain: 3 Core Benefits

GlobalTranz

Think back to 2012 when Sam Taylor, CEO of Oriental Trading Company , went undercover in his own company. Well, this example shows how wearable technology in the supply chain was being used 3 and a half years ago in 2012. Do you ever watch Undercover Boss? Improved Safety and Quality.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

As an offspring of globalisation, supply chains are focused on optimisation – cost reduction, just-in-time deliveries and tight inventory-to-sales ratios. A significant paradigm shift in procurement and inventory control is an emerging area of focus. Industry 4.0 technology based platform is crucial for Supply chains.

article thumbnail

Applying History’s Lessons to New Resiliency Plans

CH Robinson Transportfolio

Due to lean inventory strategies, many manufacturers only keep 15-30 days of inventory on hand. Shippers are not leveraging scenario planning as a best practice and remain focused on lean supply chains that focus on minimizing inventory and total number of suppliers. I don’t agree that either in isolation is correct.

article thumbnail

The Top Dozen Supply Chain Innovations of All-Time

Operations and Supply Chain Management

This is perhaps most manifestly seen right now in the Internet of Things and how industrial companies especially are currently or prospectively leveraging IoT to create new products and services. Louis, with dramatic results in both lowering inventories while increasing in-stock at retail.