The Industrial Internet of Things, Manufacturing, Supply Chain & Logistics: Where Are We & Where Are We Going?

Cerasis

The era of paper-based systems and physically monitoring the supply chain is ending. In place of long paper trails and maintenance schedules, machines with the capacity to communicate their needs and issues via the industrial Internet of Things (IoT) are becoming an essential component of effective processes. In fact, your presence on this website alone indicates use of the industrial internet of things today, but the opportunities are limitless.

The (Internet of Things) IOT Supply Chain Benefits Now Coming Clearer

Cerasis

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. Simple activities and information became instantly available, which eventually led to the creation of the IoT. Most manufacturing processes heavily rely on the use of machinery.

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

Cerasis

Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps. Hyperconnectivity is the increasing digital interconnection of people – and things – anytime and anywhere. IoT makes use of Radio Frequency Identification (RFID) chips that “talk” to each other. What is an Example of Internet of Things?

Internet of Things and Its Impact on Modern Supply Chains

Descartes

By 2020, over fifty billion objects will be connected by the Internet of Things and 5.8 million of them will be comprised of tracking devices. The IoT is a network of physical objects, embedded with sensors, electronics, and network connectivity, which allow them to collect and exchange data. How does the Internet of Things work? The IoT is enabled by the broadband internet, Wi-Fi and Bluetooth.

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.

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.

C3's Top 4 Must-Reads on The Internet of Things

C3 Solutions

Throughout the years, our reader ship have clearly voiced their interest for educative and informative content on multiple supply chain topics. It quickly became obvious that the supply chain & logistics professional were hungry for helpful information and practical insights that could guide them in applying best practices and prepare them for future industry challenges. C3 Solutions Supply Chain internet of things IoT logistics

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.

Security: A Big Challenge for the Internet of Things

Enterra Insights

With new network security breaches announced every week, people now understand many of the risks associated with cybersecurity. Several years ago, 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.”[1]

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. An automotive brake producer showed how sensors enable better prediction of product wear and tear, simplifying optimization of maintenance. To illustrate my point, I thought of an example from a year or so ago.

Early ‘Internet of Things’ Pilots Proved Supply Chain Benefits of RFID Pallets

Supply Chain Network

Two early pilots were facilitated by Supply Chain Network and carried out in 2003 and 2006 with both representing successful demonstrations of the potential supply chain benefits available through ‘Internet of Things’ implementations. Key to both of these pilots were RFID enabled pallets and the first project was the SCN Grocery Pilot which was carried out utilizing RFID at the pallet level for automated Distribution Centre (DC) receiving.

Analytics Leaders Discuss the Internet of Things

CH Robinson Transportfolio

Analytics Leaders Discuss the Internet of Thingsg. This new standard has strong implications for businesses seeking to navigate their respective landscapes and stay ahead of the curve. Robinson, Deloitte, 3M, IBM Corporation, and Eli Lilly and Company, to discuss current and future impact of big data, predictive analytics, and the Internet of Things (IoT), as well as subsequent implications for Kelley in educating and preparing top talent.

How IoT and Augmented Reality in Logistics are Moving The Industry Forward

Cerasis

Supply chain logistics providers made significant changes in standard operations in 2016. From ditching age-old tactics of shipping products now, to advancing the capabilities of augmented reality in logistics, our logistics trends highlighted expected improvements in the supply chain, many of which came true. Sustainability Measures Swept Through Logistics Providers to Reduce Transport Needs. The Internet of Things.

Logistics Technologies: 4 Benefits of RFID, AIDC, and IoT Based Technologies to Shippers

Cerasis

The supply chain is playing host to emerging logistics technologies and modern marvels of an industrialized society. We've discussed how robotics are becoming more prevalent throughout the industry , and we've looked at how the transportation management system is providing unparalleled insight into the everyday actions of today’s shippers and logistics providers. However, we haven't discussed what is empowering all of these amazing technologies.

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

Cerasis

While logistics and manufacturing have grown exponentially, problems have become more complicated. 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. Global Logistics Will Evolve With the IoT Platform. Internet of Things Logistics IoT

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.

The Next Great Disruption Coming to Supply Chains

Kinaxis

Those are potential, and somewhat out of our control. Philip Evans shares how today’s consumer is sharing a colossal amount of data to come to a buying decision. Others consider how this “data” is used, and use the term “Omni-Channel” or “Internet of Things”. Google wrote a great book, ZMOT, or Zero Moment of Truth. That’s before the P&G First and Second Moments of Truth. 3PL’s, Contract Manufacturing, Suppliers, Logistics providers….

How has Internet of Things changed the lives of businesses worldwide?

Loginext

Internet of things (IoT) with the latest in machine-learning backed algorithms are the way logistics would be optimized to meet all customer demands and requirements, right from fast shipping, live tracking and notifications, and on-time delivery with optimized final mile movement.

2016: The Year of Connectivity

Talking Logistics

From the Internet to smartphones to social media to Skype to CNN, we can be constantly connected to what is happening in the world, in our business life and in our personal life. For example, a study by the FMI/GMA Trading Partner Alliance found that 78 percent of manufacturers do not use retailer-supplied forecasts in their own production and deployment planning. That’s why 2016 will be the year of connectivity in supply chain.

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).

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. He says AI could impact six areas of operations.

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!

DC 70

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.

Fine-Tune Your Supply Chain By Looking at Amazon

Savi

By amassing worldwide logistics assets, Amazon can provide better delivery performance to its online marketplace customers. From there, it can move horizontally to deliver cargo and packages for others and compete with other logistics service providers. Does that mean to compete today, you need planes, trucks, ships and a global network of distribution centers? The world’s largest online marketplace has set their sights on a new goal — becoming a huge global 4PL.

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?

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.

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. He says AI could impact six areas of operations.

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.

Can Blockchain become the solution for anti-counterfeiting and chain of custody?

NC State SCRC

Recent articles in the New York Times and in the I nternational Business Times highlight the emerging role of blockchain as a key enabler of improved integration between parties in the extended global supply chain. The IBM-Walmart partnership is one of the biggest practical tests to date. Steve discussed blockchain as the “trust” protocol, the Internet Axis, the Internet Value, the Democratization of the Digital World.

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!

SCRC Meeting: Advanced Auto Parts is investing in Advanced Analytics to drive competition

NC State SCRC

Todd Greener, Senior Vice President of Supply Chain at Advanced Auto Parts, led off the discussion (after I provided an overview of what was happening in the digital space). They are also keenly aware of the move towards autonomous vehicles. With the merger between AAP, Carquest, and WorldPac, there is now a long-term strategy to win, and supply chain growth is a big part of connecting assets and presenting products to the customer is a big part of the strategy.

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.