Getting that “Swing” in Supply Chain Management

Talking Logistics

What you find instead are functional groups — such as Manufacturing, Distribution, Sales and Marketing, and Procurement — operating in silos, like a boat full of rowers each doing their own thing. Step 5: Measure Current Performance and Benchmark with Best-in-Class Competitors.

Industry 4.0: Will Your Business Survive?

Murano Corporation

Connecting these machines through a network allows companies to more precisely allocate physical resources such as raw materials, track maintenance and efficiency benchmarks, remotely control production lines, and more. When these two Internets are completely integrated, companies have more flexibility in choosing locations, suppliers, and distribution channels. EXECUTIVE SUMMARY First came steam power, then mass production, then industrial automation.