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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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How to Prepare Your Supply Chain for the Internet of Things

Demand Solutions

All across the supply chain—in factories, in distribution centers, on forklifts, and in package delivery—companies are quickly adopting the Internet of Things (IoT). Shipping containers that send updates to your supply chain planning system. And all of this happening in ways that increase efficiency, reduce waste, and enhance your bottom line. I’d call that a massive shift of opinion in favor of IoT. Think of it as SCM 2.0.

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.

How to Prepare Your Supply Chain for the Internet of Things

Demand Solutions

All across the supply chain—in factories, in distribution centers, on forklifts, and in package delivery—companies are quickly adopting the Internet of Things (IoT). Shipping containers that send updates to your supply chain planning system. And all of this happening in ways that increase efficiency, reduce waste, and enhance your bottom line. I’d call that a massive shift of opinion in favor of IoT. Think of it as SCM 2.0.

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.

3 Uses of IoT Tech Spurring Sustainability in Supply Chains

Cerasis

The Internet has already transformed the way individuals interact, make choices, and process information. In the shipping and manufacturing industries, that same “worldwide web” is now being deployed to encourage more energy-efficient operational and communication strategies for a low-carbon economy, thanks to IoT Tech. But perhaps the most far-reaching changes will center around the use of large data systems to drive sustainability in logistics and supply chains.

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.

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. David Poulsen, CutCableToday ’s IT expert, says connected, or autonomous, vehicles, are attractive because of the technologies that undergird them. Manage Warehouses.

Leveraging Technology in the Retail Supply Chain

NC State SCRC

Companies in the retail sector are looking to automation, artificial intelligence, and other technological advancements to augment various sectors of their business. Technology is assisting retailers with creating a complete picture of their business operations, from the back-office, to the production center, to the sales floor. Retailers have a wealth of technologies at their disposal. The Internet of Things (IoT).

Disruptive Warehouse Technologies for Any Company!

Supply Chain Game Changer

No matter how big or small your operation and your company is you likely have the same pressures on your Warehouses and Distribution Centres. Everyone, including those who are best in class, has the need to reduce costs, improve the speed and accuracy of order fulfillment and warehouse activities, optimize inventory, and provide sufficient capacity to support growth at your busiest times of the year. Disruptive Technologies in the Warehouse!

Imagining the Supply Chain of the Future!

Supply Chain Game Changer

There are articles which describe what the future of Supply Chain will be like in 2020, 0r 2025, or even 2030. But is that enough of a far-reaching vision to offer much more than an incremental view of what we see today based on existing technology? Any view of the near future is more likely to describe incremental changes and incremental advancements based on the current knowledge base. So how can all of this be used to shape what happens in Supply Chain?

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. David Poulsen, CutCableToday’s IT expert, says connected, or autonomous, vehicles, are attractive because of the technologies that undergird them. Manage Warehouses. Subscribe Here! Email Address.

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.

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.

Will Warehouses Eventually Go Dark?

Enterra Insights

Thanks to the popularity of e-commerce, warehouses are some of the hottest properties in real estate. Phillips ( @EricaEPhillips ) reports some retailers were so desperate to find warehouse space this past holiday season they created pop-up warehouses in vacant suburban lots and parking garages.[1] ” E-commerce is driving the search for warehouse space. 3] This search for warehouse space could result in warehouse wars.

26 warehouse pros reveal the most important factors to consider when moving to an automated warehouse

6 River Systems

The world of logistics is increasingly driven by technology , with artificial intelligence, big data, the Internet of Things (IoT) and automation among the biggest logistics trends today. As warehouses embrace technology to optimize the supply chain and reduce fulfillment costs , many companies are considering making the move to an automated warehouse. That said, there are many factors to consider when moving to an automated warehouse.

5 Tips to Improve Omnichannel Inventory Management

Unleashed

The world of commerce is an ever-changing one. Tech developments such as 5G and the Internet of Things are reshaping everyday life. Some things, though, will never change. That includes the importance of robust inventory management to retail. Ensuring you don’t fail at order fulfilment begins with understanding your inventory and supply chain. In an increasingly complex eCommerce world, keeping track of inventory is tricky.

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). This translates into rapid identification of problems and ways to improve processes.

The Impact of Digital Connectedness – Is Your Supply Chain Ready for the Complexity?

Supply Chain Nation

The report estimates that the digital connection between billions of customers and products will drive trillions of transactions. A few takeaways to consider as you explore how this level of digital connectedness will impact your supply chain and your response to the Internet of Things (IoT): The simplicity/complexity paradox. As the adoption of IoT increases, the type and amount of information shared across nodes will grow dramatically.

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.

23 warehouse pros reveal the best ways for warehouses to control & reduce fulfillment costs

6 River Systems

Every warehouse strives for efficient order fulfillment. There are many factors that can impact costs, from warehouse replenishment practices to the warehouse equipment deployed to support the fulfillment process. ” Meet Our Panel of Warehouse Pros: Nate Masterson. Read on to learn more about the best strategies to control and reduce your warehouse fulfillment costs. Lisa Chu is the Owner of Black n Bianco. Audit maximum inventory levels.

The Ongoing Evolution of Inventory Control

Unleashed

Prior to the industrial revolution, inventory control was all but not existent. Sure, some merchants and shopkeepers would count their stock numbers at the end of each day to determine what had been sold. Or perhaps they wrote down all sales and deducted the transactions from the inventory quantities they presumed they had. Tiny holes punched into sheets of paper corresponded with catalogue items and were readable by computers. Barcodes for inventory control.

Managing Warehouse Management Systems (WMS) For Future Growth

IQMS

Bottom Line: It’s time to transition the role of warehouses from cost centers to revenue centers that support new digitally enabled supply chains and business models that require greater accuracy, speed, and scale than ever before. A Warehouse Management System is the tool that can make that happen. Like manufacturing, warehouses, and the systems that manage them, are going through an inflection point. How A Warehouse Management System (WMS) Helps Manufacturers Grow.

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.

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. Understanding Warehouse Management Systems.

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Utilizing WMS (Warehouse Management System): Top Ways to Get the Most out of Your WMS Investment

Cerasis

Today, there are dozens, if not hundreds, of individual warehouse management systems ( WMSs ) available, but how do you reap the real-world features within this innovative type of supply chain management systems? In addition, companies must manage warehouses, distribution centers and the store-as-a-distribution center and meet an ever-growing demand for seamless, omnichannel shopping experiences. 3PL Supply Chain Warehouse

System 180

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

Veridian Solutions

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.

How to Change Your Inventory Management Strategy in the Omnichannel Era

Elementum

Managing stock for a variety of commerce channels is becoming more complex, costly, and risky. As recent losses by H&M and other major brands illustrate, poor inventory management can be a major cause of financial distress. It’s clear that in the changing market landscape, where customers expect immediate and accurate fulfillment of purchases, companies need to look at their inventory management strategies with a fresh eye. The U.S.

Speed Delivery with a Better Warehouse Management System (WMS)

Veridian Solutions

However, unique customer demands continue to increase, and a failure to plan for stronger demand will not excuse any issue, especially failures in the systems of record. Supply chain leaders need to understand how failures in the warehouse management system (WMS) could lead to poor experiences, how it affects efficiency, and a few best practices to increase the speed of fulfillment and delivery through peak season and beyond. Warehouse Management warehouse management

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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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. To understand this relationship, we have to consider its driving forces, how it affects omnichannel experiences , and what it means for warehousing capabilities and capacity. Retailers are evolving, and supply chains must evolve with them.

Ultimate guide to technologies that are transforming supply chains

6 River Systems

Technology can have a significant impact on supply chains, but supply chain digitization still lags behind digitization of other areas of business across many industries. According to research from McKinsey & Company , the supply chain dimension has the lowest level of digitization (43%) compared to other dimensions, including products and services, marketing and distribution channels, business processes, and new entrants at the ecosystem level.

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. How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Of course, what happens in the U.S.

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.