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Big Data, Analytics, and Industry 4.0

Enterra Insights

Analysts from the Boston Consulting Group (BCG) explain the first three revolutions were driven by steam, electricity, and automation. 1] The fourth revolution is being driven by data. They include: Inventory Optimization. revolution. ” Adaptive Pricing.

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Supply Chain 4.0: The Supply Chain of the Future

Enterra Insights

More efficient and timely processes and better decision-making rely on leveraging the lifeblood of the digital age — data. The Manufacturing & Logistics IT analysts note, “Acting on better and more accurate data, management and personnel are able to ensure that the most appropriate decisions and actions are being taken.

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This Week in Logistics News (April 11-15, 2016)

Talking Logistics

Today marks the three-year anniversary of the Boston Marathon bombings, a sad and scary day, especially those of us living in the Boston area. May their memory continue to be a source of strength and comfort to their families and friends and us all. And with that, have a happy weekend!

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50 expert tips on supply chain management

6 River Systems

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. Automate elements of your supply chain for better data. Develop alternative sources and diversify value chains. Others are increasing communication with suppliers to better understand financial health.