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Industry 4.0 was Delayed, not Cancelled, by the Pandemic

Enterra Insights

” If manufacturers didn’t believe that truism before, they certainly believe now it — thanks to 2020. ” If manufacturers didn’t believe that truism before, they certainly believe now it — thanks to 2020. “Pilots were fruitful enough to convince manufacturers about the importance of data. .

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Digital Transformation Helps with Corporate Alignment

Enterra Insights

For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. However, distribution centers may be given the conflicting task of minimizing excess inventory space and cost. An objective function scores an outcome’s utility so the best outcome can be chosen.

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Agile retailing: new ways to manage uncertainty, disruption and innovation

RELEX Solutions

We are delighted to welcome Charlotte Kula-Przezwanski from Columbus Consulting (CCI) as our guest blogger. CCI is renowned for its expertise in retail business processes and systems delivering practical solutions to optimize sales, margin and inventory across all channels of operation. Partner, Columbus Consulting. Why Agility?

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5 Future Applications of the Industrial Internet of Things in Manufacturing & Logistics

GlobalTranz

Manufacturers are set to invest up to $70 billion in the Industrial Internet of Things ( IIoT ) by 2020, reports John Greenough of Business Insider. Previous Applications of the Industrial Internet of Things in Manufacturing. Previous applications of the IIoT in manufacturing have led to a savings of 12 percent across the industry.

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New Panama Canal Options: Running the Numbers with a TMS

TMC

For example, a higher cost could be part of a strategy to win market share and align product transportation with that mission. The preferred amount of inventory held on ships and trucks depends on constraints such as the value of the cargo. If high-value items are being shipped, it’s important to minimize inventory levels.

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People, Processes, and Technology All Required for Supply Chain Transformation

Enterra Insights

UPS analysts note, “From advances in information availability to cutting-edge manufacturing processes to increased supply chain visibility, there’s no shortage of tools … companies can arm themselves with to stay relevant — and competitive. ” Emergence of digital manufacturing technologies.