15 Improvements by the Deployment of The Internet of Things in the Supply Chain

Cerasis

The list of relevant applications of the Internet of Things (IoT) era technology across multiple industries and market segments continues to grow. Current and future applications have the potential to provide new methods of value creation and sources of revenue streams for companies in the digital age. 11 Improvements by the Deployment of the Internet of Things in the Supply Chain.

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.

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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.

[WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018

Cerasis

Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018” white paper! This is a must read for those in the supply chain industry to stay on top of their games! Get a free copy of the white paper by filling out the form to the right. Fill out the Form Below to Get a Free Copy of the White Paper to Your Inbox!

[e-Book] The Future Of Supply Chain, Logistics & Manufacturing: How Technology Is Transforming Industries

Cerasis

The Future of Our Industry Is Now. The logistics, manufacturing, supply chain, and transportation industries are going through a time of rapid and unprecedented transformation. The future of these industries is paved with innovation and technology. It was not long ago that ideas like 3D printing, the Internet of Things (IoT), drone delivery, and augmented reality were things of science fiction. The Internet of Things.

IoT Inspired Smart Warehouses Are Reinventing Inventory Management

Cerasis

Everything is connected to the internet, including consumer and industrial devices and systems. 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. The connection of systems nets scalability and actionable insights from the analysis of Big Data through the IoT.

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. Later in the week, the shifts were so action packed you had to be mindful of where you walked.

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Data is the Real Gold At the End of the Rainbow for Contract and Spend Management Systems

NC State SCRC

Contract management analytics are critical for tracking transactional compliance with contract pricing, terms and conditions, but also as a vehicle for workflow management around negotiation of contract renewals, and aggregation of supplier performance data on service level agreements, delivery, quality, and service performance. When spend analysis is combined with insights about contracts that are outstanding, another layer of insight can be created.

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.

Reflections on the LIVING Supply Chain SCRC Meeting

NC State SCRC

I led off the discussion and took this opportunity to share some of the highlights of my new book, The LIVING Supply Chain, (with Tom Linton as co-author), and try out some of these new ideas on an unsuspecting group of people! The SCRC meeting featured a group of executives, students, and faculty participating at the Supply Chain Resource Cooperative meeting yesterday in Raleigh, held at the new Talley Student Center on the NC State campus.

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!

Procurement, Industry 4.0, Cybersecurity, Robotics and Automation: The Image of Manufacturing is Evolving.

Cerasis

Let’s take another look at how procurement, computing power, industry 4.0, cyber security, advanced robotics and automation became top priorities for research, development, and implementation throughout the past year’s operations in the manufacturing industry. . Machine learning is inextricably linked to the use of robotics and automated systems, and according to the National Institute of Standards and Technology, the use of robotics and automation in 2016 saved $57.4

The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

Cerasis

This unwavering drive represents the continued interest in advancing today’s capabilities with state-of-the-art technology and adaptability. From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends. In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing.

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The Best is Yet to Come with Transportation Management Systems

Talking Logistics

I conducted my first research study on transportation management systems (TMS) back in March of 1999. Although TMS solutions had already been around for some time, the emergence of the Internet and the dotcom era opened a new and exciting chapter in the market. Many startups were launched at the time, but many of them ultimately failed or were acquired by larger competitors. What is a transportation management system?

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.

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Top 6 Predictions for Supply Chain Planning in 2021 and Beyond

ToolsGroup

Just when things couldn’t possibly get any crazier, 2020 finally came to a close. Among other uses, companies can use this to assess the impact of changes in supply parameters (e.g. Best-of-breed solutions will be at the forefront. applications of the future.

How Transportation Management Technology & Regulations Impacted the Logistics Industry

Cerasis

Transportation management technology evolved throughout 2016. But, the true scope of change and focus went a bit further than expected. Let’s look at how supply chain entities have tapped the untold resources of the Internet of Things (IoT), where processes stand with the FAST Act and why collaboration became king. The IoT Became a Core Concept in Transportation Management Technology. of the WIOMAX SmartIoT Blog. .

Why Real-Time Visibility Should be Core to Your Supply Chain Strategy

CH Robinson Logistics

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. A key component of this technology trend is the need for a supply chain visibility platform. According to Gartner, “By 2023, 50% of global leading enterprises will have invested in real-time transportation visibility solutions.” Is the lack of real-time visibility holding back your supply chain?

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

As such it was many years before I actually heard of the term “Supply Chain Management” Regardless I pursued my interests and took on an increasingly diverse set of progressive jobs as time went on. Now as I look back on my career virtually everything I did falls under the banner of Supply Chain management. Some people want physical activity, some want something more intellectual or analytical, and still others want some combination of both. Subscribe Here!

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5 Podcasts for Supply Chain and Logistics Professionals

Cerasis

I used to think that podcasts were a hip form of new media that millennials used to further their iPhone addictions. Fast forward a few years, and the benefits of having news and entertainment in your earbuds has converted me to a podcast fan. Podcasts are a series of digital audio files that listeners can subscribe to. Think of it as the DVR of your smartphone.

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.

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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.

The View from Houston: DHL Global Energy Conference 2015

Supply Chain View from the Field

I had the opportunity to speak to a group of oil and gas executives at the DHL Global Energy conference this week, held in the Petroleum Club. I was joined by one of my former NC State students, Scott Frahm, who sat in on a few of the presentations. The conference was a great opportunity to interact with logistics and procurement executives in an environment of open dialogue and discussion.

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

Similar to the supply chain maturity curve of technologies, as explained by Steve Banker of Forbes , supply chain managers should consider how top supply chain trends will influence operations in the coming year. Data visualization can be applied to any supply chain process that presents users with information enabling the immediate adjustment of operations or sharing of information. Sustainable Practices Will Be a Leading Focus of Supply Chain Executives.

[e-Book] The Most Impactful Supply Chain & Logistics Trends in 2017

Cerasis

Now, not all of these trends are moving at the pace that technology is moving. One of the core trends you’ll see weaved thru out this year’s “Trends” e-book ( you can download last year’s here ), is a stronger focus on the fundamentals such as adhering to risk management, collaboration, focusing on your core, and using expert vendors to achieve your goals. Download all of our educational e-books here.

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6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

Similar to the supply chain maturity curve of technologies, as explained by Steve Banker of Forbes , supply chain managers should consider how top supply chain trends will influence operations in the coming year. Data visualization can be applied to any supply chain process that presents users with information enabling the immediate adjustment of operations or sharing of information. Sustainable Practices Will Be a Leading Focus of Supply Chain Executives.

Improving Supply Chains with IoT Implementation

Enterra Insights

Improving supply chain visibility produces a number of beneficial results and Internet of Things (IoT) implementation has the potential to improve visibility dramatically. I deliberately use the word “potential” because the Internet of Things (sometimes referred to as the Industrial IoT) remains in its infancy. ”[2] Despite its name, the Internet of Things is not a single network.

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.

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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.

Twitter Insights from GT Nexus Bridges 2015 Conference

Talking Logistics

The exercise, however, provided me with a great list of reminders of what I heard and learned at the conference, which I will share with you today. One of my favorite quotes from the conference, which I believe sums up the perspective many customers have about GT Nexus, came from Joe Dixon, SVP of Supply Chain at Brooks Brothers: “SAP is our internal ERP system, GT Nexus is our external [supply chain] ERP system.”. 143 TB of transaction data.

Trends—December 2015

Inbound Logistics

Transportation and logistics deal value continues to rise; distribution centers prepare to reduce picking errors; mobile-based freight brokerage; predictive analytics and Internet of Things revolutionize procurement

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.

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.

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This Week in Logistics News (May 7-11, 2018)

Talking Logistics

My wife often jokes that she is the VP of Supply Chain and Logistics in our family. Whether it’s preventing out-of-stocks of critical household items or making sure the kids are delivered on time in full to wherever they need to be, she keeps our supply chain running as efficiently as possible — while doing her day job too! Freight Operators Dismiss Threat of Digital Startups (WSJ – sub. A Sky Full of Drones and Flying Cars.