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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

” They go on to observe, “In moving forward with a digital transformation, the first step is to identify the holistic set of capabilities required to meet the enterprise’s strategic ambitions. For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers.

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Manufacturers, Technology, and the Digital Age

Enterra Insights

During a fall meeting of the Manufacturers’ Council of the Inland Empire, Gregg Profozich, Director of Advanced Manufacturing Technologies at California Manufacturing Technology Consulting (CMTC), told participants, “Technology is key to survival of manufacturers.”[1] You wouldn’t think encouragement would be required.

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It’s Turkey Time!

Kinaxis

Producers need to ensure they have enough birds to meet demand. They can be held in inventory until the second biggest holiday for these big birds – Christmas, which is only a couple of months away. Forget Columbus Day this year and come celebrate Thanksgiving with us instead! An overstock of frozen turkeys is less of an issue.

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Retail Industry Leaders Discuss the Value of Assortment Planning – Part II

BlueYonder

Jon Beck, CEO, Columbus Consulting. You have to have open meetings throughout the multi-year process to get them to buy in or else they will just go back to their spreadsheets and doing what they always did before. Michael McAbee, strategy officer and VP of merchandise planning, Hibbett Sports.

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Artificial Intelligence and Omnichannel Operations

Enterra Insights

Inventory Optimization. “Inventory optimization is a complicated thing that touches many aspects of the consumer goods supply chain, and often requires close coordination among manufacturers and distributors. .” Omnichannel and artificial intelligence. Concluding thoughts. Footnotes. [1] 7] Weidemann, op.

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

GlobalTranz

Additionally, overall maintenance costs have dropped by 30 percent, and predictive maintenance has reduced machine-specific failures by 70 percent, reports Louis Columbus of Forbes magazine. Previous applications of the IIoT in manufacturing have led to a savings of 12 percent across the industry. IIoT’s Greatest Impacts on Manufacturing.