Remove 2022 Remove Inventory Remove Security Remove Sourcing

[INFOGRAPHIC] Industry 4.0: Powered by the Internet of Things & Digital Manufacturing

Cerasis

Companies will be able to do predictive maintenance to reduce downtime, better manage their inventories, and also to become more flexible and responsive to changes in market conditions. Security concerns surrounding the Internet of Things are due to two factors, El Adl says.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Instead of having to deal with an ineffective point-to-point communication system like EDI and the complexity of reconciling multiple data sources with multiple permission models, Distributed Ledger Technology (DLT) provides a singular mechanism to securely integrate, harmonize, and synchronize data for all participants. Outcomes: improved inventory management; More accurate determination of re-order points; Better on-shelf availability. from the global economy by 2022.

5 Disruptions Shaping the Digital Transformation in Distribution and Logistics

Supply Chain Nation

Macpherson predicted that the figure will easily be 80 percent by 2022. Source: Grainger Q1 2017 Earnings Call ). Blockchain has the potential to help make the supply chain more efficient, transparent and secure.