Remove Internet of things Remove Procurement Remove Shipping Related Topics

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.

256
256

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.

58
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Supply Chain Predictions!

Supply Chain Game Changer

Check out Procurement Experiences, Trends and the Future! 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.”. Subscribe Here! Email Address.

53

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!

70

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?

75

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.

55

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.

40

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!

40

Best Practice: Creating a Governance Mechanism for Analytical Learning in Organizations

NC State SCRC

There are systems directors in both the procurement and logistics/planning teams. Recognizing the importance of having the right mix of data scientists and SMEs, the company has established a supply chain information and analytics organization composed of data scientists, operations research, and statistics PhDs to work on problems they are directed to from the business. Questions addressed include, “What will be the next generation of products?”

40

Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

Check out Brand Protection – The Definitive Role of the Supply Chain! These responsibilities are at the core of making your company run. And how do you increase the value of Supply Chain in the eyes of your Executives and other functions? Regardless of what your situation is there is merit in creating and promoting the value that can be delivered by a highly effective Supply Chain organization. Subscribe Here! Email Address.

76

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

With accelerating rates of virus transmission and deaths the global response for containment has increased as well. Every aspect of our lives has been disrupted: our health, freedom of movement, employment, the economy, our ability to buy goods, and virtually every Supply Chain. We started to hear about shortages of toilet paper, hand sanitizer, foods and household goods. Now we are starting to hear about shortages of ventilators, masks, and medical equipment.

74

Bundling Blockchain with Other Technologies for Maximum Effect

Enterra Insights

Blockchain technology has received a lot of press this past year. Most people associate the technology with cryptocurrencies like Bitcoin; but, blockchain technology has much broader application and is poised to disrupt a number of economic sectors. “The implications of blockchain technology are far reaching, with the potential to change many aspects of business across a variety of sectors,” writes Connor DiGregorio ( @digreg_orio ), an analyst with IBISWorld.

100
100

6 More Logistics Technology Trends Enabling Success in 2018

Cerasis

In our first post on this subject, we addressed the 5 automated logistics technologies that will serve as the foundation of the transformation to the digital logistics & supply chain landscape. The short answer is: not a heck of a lot! However, logistics focuses expressly on the movement and storage of products, while the supply chain goes into deeper detail, including manufacturing processes, procurement, and the flow of goods.

210
210

The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. This has always been true in retail, but the power of consumers has grown with the rise of the digital age.

223
223

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

Cerasis

Fortunately, these five trends may alleviate some of the strains of competition by giving supply chain partners an advantage in the global market. 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. Furthermore, the speed of operation of robots will increase more than 30 percent by the end of 2017.

207
207

These 5 Top Logistics Trends for 2018 are a Response to the Growing Customer Experience Movement

Cerasis

With the rise of e-commerce, the value of logistics has grown. Logistics professionals can no longer simply go about standard operations, and the days of peaks and lulls have ended. To answer that question, let us turn our attention to some of the key top logistics trends we’ll see over the next 12 months, in part as a response to the growing customer experience movement. Imagine what work would be like if you could offer all customers free two-day shipping.

201
201

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

Cerasis

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 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.

191
191

Blockchain and Reverse Logistics: Recapturing Costs and More

Cerasis

The costs of reverse logistics amount to more than $750 billion per year, and the demand for reverse logistics has risen in recent years with the rise of e-commerce. According to Stacy Rudolph of Business to Community, up to 30% of all products ordered online become returns, placing an insurmountable burden on reverse logistics. Other products, such as those used for hygiene or personal uses, could increase the risk of cross-contamination throughout the supply chain.

139
139

Technology and Your Healthcare Supply Chain, What’s on the Horizon?

AFFLINK

And nowhere is the disruption of emerging tech more obvious than in the procurement sector. Emerging tech trends — especially big data, the Internet of Things, and cloud computing — will transform healthcare procurement operations, streamlining each department in ways we can only begin to imagine today. Enhanced methods of data analysis may be the biggest game changer for most CPOs. He noted, “60% of CPOs don’t have a clear digital strategy.”.

48

Using Logistics Technology to Execute a Winning Inbound Freight Strategy & Have Compliant Vendors

Cerasis

Unfortunately, the traditional logistics of sending out paper guides and even keeping updated online versions has grown complex and difficult to control. Meanwhile, the importance of vendor compliance has grown more than ever as supply chains expand, explains Lisa Terry of Inbound Logistics, and companies look to trim the fat and optimize workflows to gain a competitive advantage. One of the biggest risks in using paper guides for vendor inbound logistics is security.

160
160

5 More Transformative Supply Chain Technologies Supply Chains Will Focus on in 2018 to Move to the Next Level

Cerasis

The supply chain technology stack comprises hundreds, if not thousands, of individual technologies, and considering the growth of the Internet of things (IoT), there really is no limit to how much these transformative supply chain technologies may expand within the next 12 months. We expand upon the supply chain technology trends we spoke about in the first part of this blog series, but let’s take a look at 5 more supply chain tech trends that will shape 2018.

180
180

The Digital Transformation Journey: The Alignment of Industry, Company, and Technology

Talking Logistics

Ports are having to off-load cargo onto the new mega-ships offshore from multiple smaller ships because they don’t have the capacity to handle the bigger vessels. Technologies such as the Internet of Things, artificial intelligence, big data, machine learning and the cloud are changing the way people and companies interact and do business. The rules of business are being rewritten with these new digital technologies.

81

How Blockchain Could Create the 'Autonomous Container'

Supply Chain Brain

Indeed, the very notion of applications that “talk” to one another is merely an extension of a system that shippers and carriers have deployed for years, albeit in a more primitive fashion. There’s nothing new, for example, about a carrier’s ability to monitor the interior temperature and humidity of a shipping container while in transit. The technology features chips that monitor temperature and humidity within a 500-meter range of an air-freight container.

40

The Supply Chain Game Changer Job Board!

Supply Chain Game Changer

Quantum Leap to the Top 10 Supply Chain Skills of the Future! . There are a lot of job boards around. Our readers are often sending us messages asking for jobs, or asking if we know of available jobs, or asking to submit their resumes or CVs. And companies are asking if we know of people to fill their jobs or how to promote their job openings. For our purpose when we refer to “Supply Chain” we are including all of these functional areas.

50

Why Truck Drivers are a Vital Part of the Supply Chain!

Supply Chain Game Changer

Take a quick look around your home or office and you’d be hard-pressed to find a product that has not seen the inside of a truck at some point in its existence. In truth, many aspects of everyday life are made possible through the supply chain industry, with trucking alone responsible for 70% of America’s freight volume by weight. However, with continuing problems on driver shortage and the rise of driverless trucks, where will truckers fit in the general scheme of things?

52

Alberto L. Sangiovanni-Vincentelli on What your Supply Chain is Missing

Elementum

Sangiovanni-Vincentelli will be joining Elementum’s board of advisors this month. This is a man who co-founded two successful EDA companies, occupies a chair at one of the country’s most rigorous Electrical Engineering and Computer Science departments, advises billion-dollar corporations, and holds multiple awards and titles. I spoke to Alberto while he was visiting his home city of Milan, Italy. I’ve seen many companies misjudging the health of their supply chain.

60

Predictive Analytics and Future Supply Chains

Enterra Insights

Analysts from River Logic write, “The importance of supply chain analytics is demonstrated by predictions that the market will grow at a CAGR of 17.3% I’m reminded of the story of two men who bought a truck and went into the watermelon business. When it became obvious they weren’t making a profit, one of the men said, “Maybe we need a bigger truck.” With this influx of technology, predictive analytics is more powerful than ever.”

100
100

A Don’t Touch Supply Chain Strategy Must Now Dominate The Future!

Supply Chain Game Changer

The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. But even with social distancing, the global lockdowns, temporary closures of many businesses and disruptions of economies everywhere there are still Supply Chains in action, as disrupted as they may be. we discuss the fact that any movement, handling or touching of goods must be analyzed. How can we support both of these needs?

66

The Astonishing Benefits of Supply Chain Visibility and Their Impacts

Shipchain

Supply chain visibility is essential to modern success, but according to Supply Chain Dive , as few as 6% of companies have achieved full supply chain visibility. The problems existing within supply chain visibility go back to issues with tracking shipments after shipping to consumers. To stay competitive, modern supply chain managers need to understand the importance of boosting supply chain visibility to increase overall success.

48

It’s All About the Logistics

Enterra Insights

Four decades ago, Rich Weissman, CEO of Rich Weissman & Associates and an experienced supply chain management practitioner, was just beginning his career. He was hired as a purchasing agent and was directed to obtain some procurement training at a local certificate mill.[1] 1] “During the first few hours,” he writes, “we went over the pertinent areas of a purchase order. Two-day or same-day shipping is becoming the norm.

100
100

Is technology a boon or a bane for your Supply Chain?

20Cube Logistics

As per a study conducted by Mckinsey, “companies that aggressively engage in supply chains digitization can expect to boost annual growth of earnings before interest and taxes (EBIT) by 3.2 The study also states that the implementation of end-to-end supply chain digitization with advanced robotics, Internet of things (IoT) and other advanced analytics of big data in your supply chain will increase your EBIT score by 75 percent.

40

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.

43

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. As we draw toward the end of each year, I like to start collating information from our experiences at Logistics Bureau, along with anything I find in the supply chain industry media, about industry trends that look set to compete for business-managers’ attention in the year to come. The Death of the End-to-End Supply Chain.

84

Digital Transformation of the Supply Chain

Enterra Insights

Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. Much of that “paperwork” is now done electronically, which is why consultants are increasingly touting the benefits of the digital supply chain. Trevor Miles ( @milesahead ), Vice President of Thought Leadership at Kinaxis, reminds us, however, “Digitization is not the same as digital transformation.”[1]

100
100

Top 5 Logistics Technologies

FLEXE

The business of Logistics is evolving. We recently published an article about how the Internet of Things is changing several aspects of the supply chain and in recent posts we’ve also discussed additional new innovations, like freight marketplaces and supply chain design technologies that help make the supply chain more efficient, responsive and competitive. And, of course, some companies, like Amazon, are making strides in the development of drone delivery.

32