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What is the Hyperconnected Era & “The Internet Of Things” and What does it Have to Do with Manufacturing & Logistics?

Cerasis

Hyperconnectivity is the increasing digital interconnection of people – and things – anytime and anywhere. This level of connectivity will have profound social, political and economic consequences, and increasingly form part of our everyday lives, from the cars we drive and medicines we take, to the jobs we do and the governance systems we live in, to even the business technology systems we use. The implication of this capability will be immense.

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

Cerasis

Manufacturers are set to invest up to $70 billion in the Industrial Internet of Things ( IIoT ) by 2020, reports John Greenough of Business Insider. The development and deployment of autonomous vehicles, machine-to-machine communication abilities and preventative maintenance could all team up to result in even greater savings in 2016, which will further increase investments for the Industrial Internet of Things. Tracking of Performance.

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The Internet of Things and Supply Chain Transformation

Enterra Insights

Recent reports indicate Internet of Things (IoT) technology adoption is slowing down due to security concerns. Back in 2015, Irfan Saif ( @irfansaif ), a principal with Deloitte & Touche LLP’s Cyber Risk Services practice, wrote, “Internet of Things initiatives demand targeted strategies to combat the influx of new cyber risks that will invariably accompany them.”[2] IoT-connected sensors can provide this kind of data.

Supply Chain and the Internet of Things – Towards New Paradigms

Logistics Bureau

Internet plays a key role in connecting native digital items like PCs, IT servers, smartphones, and software applications. However, the things to hook up now include physical assets from an analogue world. Machinery, vehicles, mechanical devices, actuators, gauges, sensors, and other things are non-digital. They cannot connect directly to the all-digital Internet. That’s where the Internet of Things or IoT comes in.

Internet of Things (IoT) in the supply chain – a jolt of creativity required?

DELMIA Quintiq

A couple of months ago, I went to an interesting event dedicated to creating a digitalized factory of the future. Given that it took place in Japan, I imagined quite an animated discussion around making another leap in the manufacturing of things. From the presentations, it was clear that the investment in IoT hardware, from raw material tags, inventory tags, to equipment sensors – is increasing. To make things more interesting, it is not a factory.

How AI and the IoT Can Change Transportation Management

Cerasis

Analysts predict that by 2020, 75% of new cars will feature IoT connectivity. The percentage increase describes consumer applications, but the idea of connected vehicles should garner interest from other sectors such as shipping, logistics, and transportation. Leaders in these industries would be wise to plan for a future where AI and the IoT transform transportation management. The Internet of Things (IoT) is one part of the equation,” Poulsen explains.

How the IoT Platform Fixes Problems in Today’s Logistics Industry

Cerasis

At the same time, machines-to-machine connectivity through the Internet of Things (IoT platform) is increasing the value of data companies have to analyze. Regardless of where you sit to view the logistics industry, problems are becoming more evident. Twin private-sector and public-sector resources and use of the IoT, the value of the IoT platform grew to more than $8 trillion by 2014, reports the Cisco and DHL publication, the Internet of Things in Logistics.

Consumer Products Supply Chain Disruptor: 3D Printing

DynaSys

The use of advanced technologies is significantly transforming the manufacturing of all products and having a tremendous impact on the supply chain. Internet of Things, BOTS, Machine Learning, Blockchain, Augmented Reality and others are changing the way products are designed, produced, shipped and ultimately purchased and acquired by consumers. 3D printing can have a number of significant impact to the supply chain. Inventory Reduction.

Taking Visibility to the Next Level with IoT and Cloud Connectivity

TMC

They want to know how their order is progressing through every stage of the journey in a global and dynamic environment. In a survey from Voxware , 69% of respondents said they are less likely to shop with a retailer if an item is not delivered within two days of the date promised. Additionally, 97% of consumers expect to be able to live track their orders and receive timely updates throughout the shipping process.

Augmented Reality (AR) is the Future of the Supply Chain!

Supply Chain Game Changer

I found this out during my first job out of college. I started my industrial engineering career in a hot Southeastern ambient distribution center (DC) where innovation consisted of adding conveyor and sorters at several hundred dollars per FOOT! I will go into more detail about some of his past experiences with engineers coming in to support operations at a later time. Frankly, I was blown away by how many cases were received and shipped out. Subscribe Here!

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Supply Chain Predictions!

Supply Chain Game Changer

In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. Conversely, slowing down the supply chain is at the root of everything that is bad: working capital write-offs, reduced profitability, and slowing revenues.”. Digital transformation of the supply chain will change everything – for the better.

How AI and the IoT Can Change Transportation Management!

Supply Chain Game Changer

Analysts predict that by 2020, 75% of new cars will feature IoT connectivity. The percentage increase describes consumer applications, but the idea of connected vehicles should garner interest from other sectors such as shipping, logistics, and transportation. Leaders in these industries would be wise to plan for a future where AI and the IoT transform transportation management. The Internet of Things (IoT) is one part of the equation,” Poulsen explains.

Day 3: Lenovo Goes About Creating the End to End Transparent Supply Chain

NC State SCRC

On the third day the team visited the Lenovo “Green Data Center”, and learned of how Lenovo is working to create their “converged” network servers that are on the leading edge of being focused on sustainable high speed efficient performance. Lenovo is $45B in sales, with 55,000 employees in over 160 countries, and was named one of the top 100 best global brands. Managing inventory cost is always an issue, and it is often driven by a number of factors.

It’s About Time for a new “World Class Supply Chain” Paradigm

NC State SCRC

As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. This initiative benchmarked over 300 global companies, and set forth many of the principles for what we called “World Class Supply Chains”. Many of these principles became the foundation for consulting practices at Accenture, Deloitte, Booz Allen, and others. Leveraging and strategic sourcing has gotten in the way of that.

Learning to Work with Machines That Learn What the Experts Know

NC State SCRC

It is no secret that future generations of managers are being asked to learn all about the different processes in the end-to-end supply chain, and be able to come together with others in a fast action plan when a disruption strikes. And people are often hesitant to bother these experts, or in many cases don’t know who they are, nor how to ask the right question that helps to access the specific gray matter between the ears of these experts for help with a specific problem!

Digital Inventory Management Key Battleground in Transformation of Brick-and-Mortar Retail

Cerasis

As e-commerce growth accelerates, shippers are working overtime to manage available inventory. Although e-commerce represents 10 percent of total retail sales, it has had an interesting effect. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices. The days of managing stock in individual channels are over, yet shippers must still manage stock for each channel.

3 Benefits a TMS Provides for Team Collaboration & Inner-Management

Cerasis

Logistics providers must leverage the power of inter-management and team collaboration to continue growth in an industry that’s under a great deal of stress. Let’s take a look at how data and analytics play into collaboration, what benefits can be realized, and how the overall shipping process can be streamlined through the use of a dedicated transportation management system (TMS). Decisions are a basic part of effective freight management.

Shipping Technology: Non-Tech Savvy Shippers Lose Advantage Over Time?

Cerasis

The usefulness of technology among shippers remains undisputed. Through advanced transportation management systems ( TMSs ) and greater automation, shippers can reap an unparalleled competitive advantage. What happens when shippers simply forgo implementing shipping technology, and how can shape their future demise? Shippers Must Weigh In-House Versus Off-the-Shelf Shipping Technology Solutions. Adoption of TMS Remains Steady. Transportation

Too Much Focus on E-Commerce Shipping Practices? The Important Reminder That Logistics Fundamentals Still Matter

Cerasis

E-commerce growth has become part of the record books. According to Eric Rice of Supply Chain 24/7, e-commerce growth in 2017 grew faster than it has since 2011. E-commerce grew 49 percent, moving from 10 percent of total retail sales to 13 percent. Unfortunately, e-commerce shipping practices, although different from traditional retail shipping, still fall short. What’s Wrong With E-Commerce Shipping Practices? Take advantage of existing storefronts.

Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air.

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E-Commerce Freight Consolidation & Desconsolidation: Understanding the Role of Intermodal Freight Shipping for Successful E-Commerce Logistics

Cerasis

The world has entered the era of e-commerce, and companies around the globe are struggling to keep up with the trend. E-Commerce Growth Is Incompatible With Stagnate Freight Shipping Strategies E-commerce growth can boggle the mind. According to Trucking Info.com, e-commerce growth exceeded 38 percent for the third quarter of 2017, and projections for the next five years indicate growth to remain at or above 19 percent per year. Track inventory in real time.

What Does IoT Mean for Inventory Management?

Unleashed

The dawn of the Internet of Things (IoT) is upon us and it is set to revolutionise many industries including inventory management. However, before we can understand how inventory management will be affected by IoT and how we can optimise this, we must first understand what exactly it is. IoT is essentially a concept where devices are connectec to the internet or each other via a wireless connection. Impact of IoT on the supply chain.

Why OmniChannel Solutions are Needed in Shipping & Logistics to Meet Consumer Demand

Cerasis

E-commerce and omnichannel solutions are rapidly becoming the next frontier in the use of the Internet of Things and better order fulfillment processes. When the Internet first arrived, the idea of waiting for an extended period to receive a product was great, asserts Gordon Hellberg of Material Handling and Logistics. Consumers are also expecting more of manufacturers and shipping companies.

Supply Chain and Logistics Predictions for 2016

Talking Logistics

And business relationships did not become more Vested this year — if anything, they reverted back to being “win-lose” arrangements (see Walmart’s Message to Suppliers: Talk to the Hand and The High Cost of Poor Supplier Relationships ). But some of my other predictions did hit the mark or came close. more near-shoring and larger, less frequent shipments to minimize transportation costs). Of course, what happens in the U.S.

Why A Successful Transportation Management Program Is Empowered By Data

Cerasis

Today we continue our long series and look at teaching shippers how to remain strategic when it comes to logistics and their transportation management program. This is the 7th post in this series that first started by giving an overview of the 10 areas shippers can turn to stay strategic. We then are going in depth on each of the 10 listed. The first 5 were as follows: 6 Strategic and Proactive Tips to Stay Ahead of Distressed Shipments. Origination of Data.

Freight Data Trends for 2019 and How a TMS Will Grow in Value

Cerasis

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. Shippers need to consider how the freight data trends will affect dropshipping, omnichannel shipping, reporting capabilities, and much more. The Move to LTL Digital Shipping.

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Ocean Container Tracking & Port Terminal Operations: Maritime Supply Chains and the “Visibility Paradox”

3rdwave

As a non-technologist working in supply chain management, I live in awe of the human mind and its ability to develop applications that create visibility into the international movement of goods. Of course, the paradox lies in thinking that upon arriving to the U.S.,

4 Benefits of the Use of Bluetooth Technologies in Logistics

Cerasis

Bluetooth technologies seem to predate the use of the Internet of things (IoT) in society. However, Bluetooth technologies are creating a subset of the IoT, expanding its benefits and use among shipping and logistics providers. Driving Forces Behind the Increased Use of Bluetooth Technologies. In reality, there are millions of reasons to use Bluetooth-enabled technologies within the shipping and logistics industry.

What Drives an Investment in a Warehouse Management System? 5 Considerations for Your Selection

Cerasis

While logistics had remained the same for decades, the rise of modern civilization has transformed the industry. Small shipping companies have grown into larger third-party logistics providers , and warehouse management has become more focused on efficiency and accuracy instead of quantity of shipments. Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. Number of Warehouses and User Requirements.

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This Week in Logistics News (March 30 – April 3, 2015)

Talking Logistics

Wal-Mart Scaling Back Free Shipping to Shoppers in Canada ( BloombergBusiness ). IBM says to invest $3 billion in ‘Internet of Things’ unit ( Reuters ). DOT unveils new version of GROW AMERICA Act ( Logistics Management ). Now it is my pleasure to welcome you [LogicTools customers] as full members to your new global LLamasoft community of supply chain designers. What if you prefer to buy private-label products instead of the big brands?

A Brief History of WMS in the Supply Chain

Cerasis

The development and history of warehouse management systems (WMSs) have had a profound impact on how the supply chain functions. However, few understand the history of WMS and how it evolved to encompass item tracking, storage data, inbound and outbound shipping, picking and much more. Rather than trying to look at every small detail that led up to the modern WMS, let’s take a look at some of the most notable advancements in its history.

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Supply Chain and E-Commerce: How Is E-Commerce Changing Supply Chain Management?

Cerasis

The management lies in the hands of e-commerce and omnichannel sales strategies. Customer service is more important than ever, and customers expect purchases to arrive at record speeds with free or low-cost shipping, says GlobeCon Freight Systems. Fortunately, the Internet of Things (IoT), big data, and fully integrated supply chain systems have the potential to meet these demands, and e-commerce will effectively change supply chain management forever.

Building Value Networks. Stopping the Backward Slide.

Supply Chain Shaman

On the left, I share a picture for those that never experienced the evolution of the cellular phone.) Phone calls to Europe or Asia were costly and of poor quality. Today, with seemingly a click of the finger, the phone as a communication device is SO MUCH more than a phone.

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Omnichannel In Manufacturing: Why Manufacturers Are Following Retailers to an Omnichannel World

Cerasis

The application of omnichannel in manufacturing primarily focuses on the collaboration between suppliers, or vendors, and distributors. Key applications of omnichannel in manufacturing include increasing end-to-end visibility in material availability; however, many companies overlook ways to improve manufacturer-warehouse relationships , thus they are unable to push operations beyond availability and reliability of supplies, reports Talking Logistics with Adrian Gonzalez.

Is Technology Revolutionizing or Simply Changing Logistics?

Enterra Insights

To address this, savvy businesses have been experimenting with multiple disruptive technologies for quite some time now, hence opening the doors to solutions that are driven by technologies like machine learning, the Internet of Things (IoT), automation, data analytics and more.”[1] Like Nahata, Gurcharan Singh, Founder of LogixGRID Technologies, believes disruptive technologies are transforming the logistics arena. The Internet of Things.