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Make Way for the Supply Chain Internet of Things (IoT)

GlobalTranz

A supply chain that is transparent with an open configuration can accept the changes that the Internet of Things or IoT will bring. Learn more to get ready for the next wave of communications: the supply chain internet of things. Please Explain…What is the Supply Chain Internet of Things.

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How Perpetual Inventory Systems are Transforming Business Operations

RFgen

These systems not only streamline inventory control, but also transform warehouse processes into a powerful tool for competitive advantage. If your operation uses Enterprise Resource Planning (ERP) software, the perpetual inventory system updates the ERP as inventory transactions occur. Or reduce carrying costs.

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Unlocking Efficiency with AI in Business Process Automation

Elementum

Gone are the days of tedious, manual processes; today, AI-powered solutions are streamlining operations, enabling businesses to focus their human resources on strategic initiatives rather than routine tasks. It supports vast data storage, high computational power for AI algorithms, and enables the integration of diverse BPA tools.

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These Top Manufacturing Technology Trends will Fuel a Focus on Customer Experience in 2018

GlobalTranz

Going back to the Industrial Internet of things (IIoT), the use of Internet-connected technology increases risk in manufacturing. Artificial Intelligence Tools Increase in Usefulness and Depth. However, the risk is well worth it. The total number of consumer and business connected devices is expected to grow by 11.9

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What is Bullwhip Effect? Supply Chain Management Explained

ThroughPut

Price Fluctuations Promotional pricing and other discount strategies can lead to forward buying, where retailers and distributors purchase larger quantities than needed to take advantage of lower prices. Increased Costs The erratic demand patterns caused by the Bullwhip Effect can increase production and purchasing costs.

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Top 5 Trends to Know to Compete with Amazon’s Supply Chain

GlobalTranz

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Meanwhile, Lowe’s has created the LoweBot , which boosts customer service, explains Dan Gilmore of Supply Chain Digest. Meanwhile, Lowe’s has created the LoweBot , which boosts customer service, explains Dan Gilmore of Supply Chain Digest.

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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

If cost reduction is not the only thing to measuring supply chain performance, that begs the questions: "Maybe we should be measuring other Supply Chain Management activities and what would they be?". Inventory measurement is critical and it is money after all in that it took a capital expense to procure. Read more. . Read More. .