GlobalTranz

OCTOBER 5, 2015

The list of relevant applications of the Internet of Things (IoT) era technology across multiple industries and market segments continues to grow. 11 Improvements by the Deployment of the Internet of Things in the Supply Chain. Ability for Decision Making in the Internet of Things Supply Chain.

Internet of things 120

Internet of things Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 120

GlobalTranz

MAY 25, 2018

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity.

Inventory Management Software 192

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 192

Supply Chain Shaman

MAY 31, 2014

As I work with teams to envision the new tomorrow, I find fewer people know the basic concepts of manufacturing planning–cycle inventories, freeze duration, slush period, bottlenecks and constraints. Today, using the Internet of Things, companies can sense equipment status and predict failure. I feel lucky that I have.

Supply Chain Planning Software 299

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply and Demand 299

GlobalTranz

JULY 14, 2015

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The Internet radically changed how the world communicates. The supply chain will adore the IoT.

Internet of things 120

Internet of things Supply Chain Software Supply Chain Optimization Manufacturing Procurement 120

Kinaxis

AUGUST 18, 2014

I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. Others consider how this “data” is used, and use the term “Omni-Channel” or “Internet of Things”.

Modeling 261

Modeling Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 261

GlobalTranz

FEBRUARY 25, 2015

This growing movement of such hyperconnectivity is known as the Hyperconnected Era or often referred to now as “The Internet of Things.” The application of the Internet of Things (IoT) along with cloud-based GPS will make it possible to keep track of individual items and their conditions.

Internet of things 120

Internet of things Manufacturing Procurement Logistics Network Optimization Software Supply Chain Network Software 120

GlobalTranz

MAY 4, 2018

The wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. The Problem: Omnichannel Retail Carries an Extreme Level of Interdependence Between Systems and Processes As explained by Entrepreneurer.com , the fastest-moving products account for only 20% of inventory.

Inventory Management Software 220

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Design Software 220

GlobalTranz

NOVEMBER 13, 2017

The Internet of Things (IoT) is one part of the equation,” Poulsen explains. It acts as the driver, helping the connected ‘thing,’ which could be a vehicle or inventory system, make smarter decisions.”. The Internet of Things and artificial intelligence are coming to transportation management.

Transportation Management 248

Transportation Management Transportation Internet of things Optimization Software 248

GlobalTranz

OCTOBER 25, 2017

Inventory tracking is among the top areas most impacted by omnichannel supply chain strategies, and consumer spending habits are forcing inventory tracking technology to evolve, making sure consumers can get the products they want, through the media and channels they want, and at the prices they want.

Inventory Reduction 192

Inventory Reduction Supply Chain Planning Software Analytics Software Inventory Management Software 192

Logistics Viewpoints

OCTOBER 23, 2024

Internet of Things (IoT) IoT plays a critical role in collecting real-time data from various points in the supply chain. Its decentralized nature reduces the risk of a single point of failure, enhancing data security across the supply chain.

Resource Reduction 292

Resource Reduction Vendor Strategies Inventory Reduction Price Mitigation Strategies 292

Kinaxis

DECEMBER 15, 2014

by Prasad Satyavolu Trevor Miles and I have been having a healthy discussion on the Internet of Things and how these technology changes are shaping the way we work. Part 2: Will the Internet of Things (IoT) Help Eliminate Information Latency and Deficiency in Supply Planning? What are your thoughts on this matter?

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Modeling 240

SYSPRO Smarter ERP

JUNE 16, 2025

One of the technologies of the 4IR is the Internet of Things (IoT). Manufacturing can not only use IoT for manufacturing, but also to give inventory management greater flexibility and improve decision-making. IoT works by harnessing a connected mesh of devices with computers that enable the devices to communicate.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Management Inventory Reduction 52

Logistics Viewpoints

FEBRUARY 7, 2025

Companies are acquiring startups and established technology firms specializing in artificial intelligence (AI), Internet of Things (IoT), blockchain, and automation to unlock operational efficiencies and enhance supply chain transparency.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Cost Reduction Strategies Price Reduction Inventory Reduction 200

Enterra Insights

DECEMBER 17, 2024

IoT devices track inventory in real time, providing valuable insights into stock movement, reducing waste, and ensuring products are available when needed.” ” Inventory optimization. This prevents surplus, reduces carrying costs, and minimizes the risk of stockouts, ensuring a balanced inventory.”

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

RFgen

NOVEMBER 27, 2024

Supply chain optimization software tracks items as they move through your supply chain and generate alerts at important points to improves decision-making and enhance visibility across the supply chain by integrating various capabilities like procurement, inventory, and customer relationship management.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

GlobalTranz

NOVEMBER 20, 2018

As e-commerce growth accelerates, shippers are working overtime to manage available inventory. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices. That’s two entirely different things. This is where the major problem lies.

Inventory Management Software 159

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory 159

Supply Chain Game Changer

JULY 4, 2025

Achieving RTSV often involves the integration of various technologies, including the Internet of Things (IoT), cloud computing, artificial intelligence (AI), machine learning, and advanced analytics. These technologies can detect patterns, predict future demand , and optimize routes or inventory management.

Real-time Visibility 93

Real-time Visibility Supply Chain Planning Software Supply Chain Visibility Supply Chain Software 93

Supply Chain Shaman

DECEMBER 27, 2022

It combines robotics, analytics, and the Internet of Things (IoT). McKinsey promises improved agility (not defined) with up to a 30% reduction in operational cost and a decrease in inventory of 75%. (I The technology is the easy part, but making a conscious choice on inventory deployment is challenging for companies.

Supply Chain Software 418

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 418

Supply Chain Shaman

JUNE 14, 2014

In Figure 1, I share a composite orbit chart of progress of Cisco Systems, Intel, Samsung and Flextronics on the Effective Frontier at the intersection of inventory turns and operating margin for 2006-2012. I think three things: 1) A Hard-Fought and Tough Journey. What can we learn? This is a group of leaders.

Manufacturing Procurement 345

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 345

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz can be that partner—helping you make sense of changing pandemic restrictions, protocols, and best practices for all things logistics.

Logistics Network Optimization Software 317

Logistics Network Optimization Software Inventory Management Software Supply Chain Planning Software Inventory Reduction 317

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Applying innovation to supply chains, combines innovative technologies like the Internet of Things (IoT), analytics, and robotics to supply chain management to improve performance and meet customer demands. Internet of Things (IoT). As Industry 4.0 Industry 4.0 Looking to the Future of Supply Chains. Supply Chain 4.0

Supply Chain Disruption 246

Supply Chain Disruption Optimal Sourcing Supply Chain Software Agile and Lean Supply Chain 246

Supply Chain Shaman

SEPTEMBER 3, 2018

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. We like the metrics of growth, on-time and in-full orders, operating margin, inventory turns, and Return on Invested Capital (ROIC).

Supply Chain Planning Software 377

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 377

Supply Chain Shaman

JULY 29, 2013

We have been taught, as supply chain leaders, that over the last decade supply chain processes have improved costs, shortened cycle times, improved customer service and decreased inventory. Based on our recent research, we find that only 1% of process-based companies are making progress on both operating margins and inventory.

Supply Chain Planning Software 350

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 350

RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. An efficient procurement process optimizes vendor selection and purchasing decisions to maintain cost-effective inventory levels. Let’s break down these key components: Procurement: This is where it all begins.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Supply Chain Insights

SEPTEMBER 2, 2014

Today, 90% of publicly-traded companies are stuck at the intersection of operating margin and inventory turns. Will wearables, voice, internet of things, and robotics redefine warehouse management to reduce costs to pick goods by 30-40%? It is needed. Will spare-parts store rooms become obsolete?

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Design 253

GlobalTranz

SEPTEMBER 6, 2017

LED Lighting Is Becoming Part of the Internet of Things. One of the key innovations in LED lighting is the applications within the Internet of Things (IoT). As a result, inventory management processes grow more effective, making the way for both just-in-time delivery options and better customer service.

Price Reduction 408

Price Reduction Internet of things Inventory Reduction Cost Reduction Strategies 408

Logistics Viewpoints

NOVEMBER 30, 2023

In today’s interconnected world, the distribution industry has become increasingly complex and reliant on technology to manage inventory, track shipments, and communicate with suppliers and customers. The rise of the Internet of Things (IoT) and other connected devices has created new opportunities for cyberattacks.

Warehousing 317

Warehousing Distribution Cost Reduction Strategies Vendor Strategies 317

RFgen

DECEMBER 19, 2024

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. Essential technology solutions, including Warehouse Management Systems (WMS), Inventory Management Systems (IMS), and the transformative power of IoT and automation.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

GlobalTranz

NOVEMBER 22, 2017

As the world moved forward, the basic concept of managing warehouse inventory did not change much. The 1900s to Late 1930s: World War I Witnesses the Introduction of Hand Trucks for Moving Materials and Managing Inventory. The 1980s to 1990s: AS/RS Becomes Obsolete, Replaced by a Shift to Managing Inventory in Smaller Batches.

Supply Chain Design Software 220

Supply Chain Design Software Inventory Management Software Demand Planning Software Supply Chain Software 220

PINC

JUNE 16, 2020

However, with 66% of logistics budgets spent on moving only 10% of total inventory, the remaining 90% of inventory at rest is not optimized for bottom-line impact and efficiency gains. Gartner has estimated supply chain management software to be a $17 billion addressable market growing at approximately 10% a year.

Supply Chain Planning Software 48

Supply Chain Planning Software Inventory Management Software Optimization Software Supply Chain Network Software 48

Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Instead, I would look at network flows, the form and function of inventory, cost-to-serve analysis, and the determination of the supplier network.

Supply Chain Design Software 319

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 319

Logistics Viewpoints

FEBRUARY 8, 2021

Companies are beginning to explore on-demand manufacturing rather than traditional manufacturing models, meaning they can keep less physical inventory on-hand. Sensors & the Internet of Things. Sensors connected to the Internet provide data that supply chain applications can use. For example, lead times are critical.

Supply Chain Planning Software 318

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 318

Supply Chain Shaman

DECEMBER 30, 2021

Few planning systems update delivery based on actual dwell times; and despite the abundance of Internet of Things (IOT) data, there is no place to put streaming data signals into traditional planning systems. Get Good at Inventory Management. Be smart in the management of intransit inventory. Be A Good Shipper.

Supply Chain Design Software 467

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 467

ToolsGroup

JULY 25, 2017

It is the second in a series on how companies can build foundational service parts planning technology to prepare for the Internet of Things (IoT). There is very little tolerance for inventory back-orders since non-performing equipment results in downtime costs that can far outweigh the cost of the replacement part.

Supply Chain Planning Software 198

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 198

GlobalTranz

JULY 13, 2018

Thus, the Warehouse Manager should work to bring their systems into the 21 st century by connecting systems to the Internet of Things (IoT). Analytics in the supply chain can be used to analyze the costs associated with supply chain management and inventory management.

Analytics Software 192

Analytics Software Supply Chain Disruption Analytics Inventory Management Software 192

PINC

JANUARY 5, 2021

About PINC : PINC provides scalable software, hardware, and services that enable companies to identify, locate, and orchestrate inventory throughout the supply chain predictably and cost-effectively.

North America 49

North America Supply Chain Network Software Analytics Software Predictive Analytics Software 49

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As the availability of data continues to increase exponentially, adoption of technologies such as Artificial Intelligence (AI), the Internet of Things (IoT), blockchain and 5G makes it easier to gather real time data. Digitisation for Optimised Capacity and Inventory Buffers. Digital Supply Chain to Drive Resilience.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Software Predictive Analytics 246