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Internet of Things and Its Impact on Modern Supply Chains

Descartes

By 2020, over fifty billion objects will be connected by the Internet of Things and 5.8 million of them will be comprised of tracking devices. The IoT is a network of physical objects, embedded with sensors, electronics, and network connectivity, which allow them to collect and exchange data. How does the Internet of Things work? The IoT is enabled by the broadband internet, Wi-Fi and Bluetooth.

Internet of Things and Its Impact on Modern Supply Chains

Descartes

By 2020, over fifty billion objects will be connected by the Internet of Things and 5.8 million of them will be comprised of tracking devices. The IoT is a network of physical objects, embedded with sensors, electronics, and network connectivity, which allow them to collect and exchange data. How does the Internet of Things work? The IoT is enabled by the broadband internet, Wi-Fi and Bluetooth.

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Internet of Things (IoT) in the supply chain – a jolt of creativity required?

DELMIA Quintiq

A couple of months ago, I went to an interesting event dedicated to creating a digitalized factory of the future. Given that it took place in Japan, I imagined quite an animated discussion around making another leap in the manufacturing of things. An automotive brake producer showed how sensors enable better prediction of product wear and tear, simplifying optimization of maintenance. To illustrate my point, I thought of an example from a year or so ago.

How has Internet of Things changed the lives of businesses worldwide?

Loginext

Internet of things (IoT) with the latest in machine-learning backed algorithms are the way logistics would be optimized to meet all customer demands and requirements, right from fast shipping, live tracking and notifications, and on-time delivery with optimized final mile movement.

Less-Than-Truckload Technology: Will Machine Learning, AI & Automation Solve Shipping Problems?

Cerasis

Freight shipping has relied on the same systems for years, ranging from manual entries to a constant struggle in balancing delivery windows with costs. Cassidy of the Journal of Commerce , truck capacity is not tight; it is simply hidden from view. Meanwhile, technologies, like machine learning, artificial intelligence (AI) and automation, will catalyze a reinvention of the transportation industry and less-than-truckload (LTL) shipping above all other modes.

Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air.

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Transport Drones & Autonomous Vehicles: The Transportation Mode Dance Card is Getting Full

Cerasis

A little more than a year ago, Audi created a parody of transport drones in the sUVA commercial, but the ideas behind these “Terminator-like” actions actually represent very real possibilities for how extensive the network of drones will grow in 2016. Take a moment to watch this video, and think about what types of technologies must be employed if the scenario in the video were real. What’s Happening with Transport Drones for the Use in Logistics?

Information Sharing Communities for Digitally Enabled Supply Chain Visibility – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

Especially where multi-modal transport is necessary, and where dynamic decision making is required for the routing of goods in-transit. The latest internet of things (IoT) technologies can provide complementary insights as to the whereabouts and status of goods and assets.

The Hanjin Effect: The end of shipping as we know it

BluJay Solutions

Hanjin’s collapse could not have happened at a worse time, with cargo volume at near-peak levels ahead of the year-end holiday season. Without doubt, this is going to have a serious negative impact on the top and bottom lines of major retailers around the world. Hanjin Shipping is the 7 th largest container carrier in the world, with 98 ships and a 3.0% Moller-Maersk, the world’s largest container carrier, commands 617 ships and 15.4% Shipping Alliances.

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Ocean Container Tracking & Port Terminal Operations: Maritime Supply Chains and the “Visibility Paradox”

3rdwave

As a non-technologist working in supply chain management, I live in awe of the human mind and its ability to develop applications that create visibility into the international movement of goods. Of course, the paradox lies in thinking that upon arriving to the U.S.,

How Blockchain Could Create the 'Autonomous Container'

Supply Chain Brain

Indeed, the very notion of applications that “talk” to one another is merely an extension of a system that shippers and carriers have deployed for years, albeit in a more primitive fashion. There’s nothing new, for example, about a carrier’s ability to monitor the interior temperature and humidity of a shipping container while in transit. The technology features chips that monitor temperature and humidity within a 500-meter range of an air-freight container.

Connect Big Data with Predictive Analytics for Increased Visibility and Control Over Global Supply Chains

Supply Chain Network

The age of digital transformation is now fully upon us and from a business perspective one of the most active areas of change, impact and opportunity is in supply chain management. With maritime transport growing at an average rate of over 8.5 percent per year, over 90% of the world’s trade is carried by sea for a total of 23 million tonnes of cargo traveling by ship every day.

Top 3 Supply Chain Planning Buzzwords

Kinaxis

But are they just creative marketing spin (after all, developing them is kind of part of the job), or is what they stand for actually making a difference in your supply chain planning? Internet of Things – HYPE. Ok, ok, I know a lot of folks may disagree with me on this one. The Internet of Things, often referred to as simply IoT, is hard to ignore. And sensing on its own doesn’t do a heck of a lot of good.

Omnichannel Logistics Solutions Takes the Supply Chain To The Next Level

Cerasis

Over the last year, huge strides were made in machine-to-machine connectivity, as foreseen by our predictions, ranging from the greater use of automated identification and data capture (AIDC) and stronger resolve for more omnichannel logistics solutions. Many of these advancements were expected to bring substantial investment into supply chains, and they did just that. But, the amount of investment being poured into machine-to-machine connectivity is surpassing expectations.

The Digital Transformation Journey: The Alignment of Industry, Company, and Technology

Talking Logistics

Ports are having to off-load cargo onto the new mega-ships offshore from multiple smaller ships because they don’t have the capacity to handle the bigger vessels. Technologies such as the Internet of Things, artificial intelligence, big data, machine learning and the cloud are changing the way people and companies interact and do business. The rules of business are being rewritten with these new digital technologies.

Eliminating Food Waste in the Agricultural Supply Chain

AFFLINK

We’ve all been guilty of letting our leftovers hang out a little too long, but a worse feeling is when a relatively fresh batch of fruit or vegetables gets moldy or slimy just before you’re about to make a nice dinner. Now imagine that feeling, but with an entire shipping container full of post-harvest foodstuffs. Almost 20% of all fruits and vegetables intended for human consumption in the US are lost during harvest, processing, and distribution.

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Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. As we draw toward the end of each year, I like to start collating information from our experiences at Logistics Bureau, along with anything I find in the supply chain industry media, about industry trends that look set to compete for business-managers’ attention in the year to come. The Death of the End-to-End Supply Chain.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. The total cost of ownership is defined as the combination of the purchase or acquisition price of a good or service. It also provides a context for all stakeholders to see the total picture of their organization’s costs.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. The total cost of ownership is defined as the combination of the purchase or acquisition price of a good or service. It also provides a context for all stakeholders to see the total picture of their organization’s costs.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. The total cost of ownership is defined as the combination of the purchase or acquisition price of a good or service. It also provides a context for all stakeholders to see the total picture of their organization’s costs.

What’s Ahead in the Logistics Arena?

Enterra Insights

The global economy was built on the shoulders of trade and the legs of supply chains. Yet, the supply chain industry has been accused of being slow to adapt to changing circumstances. 1] Kaushal Dave ( @KDplan ), vice president of cognitive solutions at Aera Technology, adds, “The modern global supply chain is defined by scale — billions of transactions and terabytes of data across multiple systems, with businesses generating more every moment.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. To learn more about the biggest trends shaping the logistics industry today, we reached out to a panel of logistics professionals and asked them to answer this question: “What are the biggest trends in logistics technology?”

What is Supply Chain Technology and Why is it Important?

CH Robinson Transportfolio

With so many options and varying levels of service, understanding supply chain technology may seem overwhelming—especially if your organization is growing. Overall, the supply chain technology you choose should make logistics simpler for you—whether you’re a supply chain manager, dock worker, or vice president—while also enhancing the shipping experience for your customers. The importance of technology in supply chain management. 5 essential uses of supply chain technology.

The Top Dozen Supply Chain Innovations of All-Time

Operations and Supply Chain Management

The Top Dozen Supply Chain Innovations of All-Time I am very keen on the subject of supply chain innovation right now, for a variety of reasons. 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. As some readers may remember, back in 2010 I came up with the top 10 supply chain innovations of all-time.