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Manufacturers, Technology, and the Digital Age

Enterra Insights

Manufacturers have historically found themselves at the cutting edge of technological advances. It’s surprising, then, to read stories encouraging manufacturers to jump aboard the Digital Age technology bandwagon. ” He noted, “Each of these technologies will fundamentally change how products are manufactured.”

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

ToolsGroup

September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning. BOSTON, Mass. and HOUSTON, Tex.

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Artificial Intelligence Enhances the Evolution of the Internet of Things

Enterra Insights

Business consultant and AI expert Louis Columbus ( @LouisColumbus ) explains, “The key to getting more value from industrial internet of things (IIoT) and IoT platforms is getting AI and machine learning (ML) workloads right.”[2] ” And Columbus believes the AIoT will develop quickly. ” Concluding Thoughts.

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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. Cognitive technologies make supply chains better. 4] They are: 1. ” 4. .

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

Enterra Insights

Numerous supply chain experts insist supply chain processes are experiencing a revolution thanks to emerging technologies. ”[2] Although Bernard believes the IoT and the supply chain are just getting to know each other, she adds, “IoT isn’t going away any time soon.” Improved visibility.

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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] … It all comes down to the ability to use predictive analytics to manage supply chain risk.”[6].