Remove Columbus Remove Inventory Remove Logistics Remove Manufacturing
article thumbnail

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

A North American-based survey of nearly 200 supply chain professionals from top CPG, distribution/wholesale, food and beverage, manufacturing, and retail companies found that 58% of respondents are still in the exploring or evaluating phases of digital transformation.

article thumbnail

Contracts, Cancellations, and Closures: Persistent Trends Leave a Pre-Peak Season Logistics Industry on Edge

Intelligent Audit

With peak shipping season just around the corner, the logistics industry is looking forward to a smoother supply chain than previous years have provided. However, transportation management experts caution logistics providers not to get too excited. Experts Weigh-In on Peak Season 2022. Despite High-Profile Retail Cancellations, U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Predictive Analytics: Supply Chain’s Cloudy Crystal Ball

Enterra Insights

By forecasting future supply chain and logistical events, companies can gain a competitive advantage and prevent monetary loss due to inaccurate stocking, and mismanagement of goods, deliveries, and time.”[2] ” Predicting patterns in user behavior. ”[6].

article thumbnail

The Internet of Things and the Supply Chain: Serious or Just Flirting?

Enterra Insights

“IoT enables supply chain logistics to connect vehicles, equipment and devices to obtain approximate real-time status updates of a shipment. ” Louis Columbus ( @LouisColumbus ), a Principal at IQMS, believes another technology, blockchain, will make the IoT/supply chain even stronger. Improved visibility.

article thumbnail

It’s Turkey Time!

Kinaxis

Unlike other manufacturing industries, it’s a lot harder to make up for a miscalculation in raw material needs when you’re dealing with living, breathing animals that only reproduce at a specified rate. They can be held in inventory until the second biggest holiday for these big birds – Christmas, which is only a couple of months away.

Turkey 100
article thumbnail

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.

article thumbnail

New Panama Canal Options: Running the Numbers with a TMS

TMC

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. East Coast to Columbus, Ohio—as opposed to the traditional option of using West Coast facilities—are negligible. West Coast ports.

Panama 48