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.

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.

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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. Precursor technology enables continuous improvement in warehouse management.

10 Supply Chain Investment Challenges – Real and Imagined!

Supply Chain Game Changer

Everywhere you turn there is talk of a lot of very exciting technologies. The Internet of Things (IoT), Augmented Reality (AR), Drones and Autonomous Vehicles, Robotics, Virtual Reality (VR), Artificial Intelligence (AI) and Intelligent Analytics are front and centre. And all of these technologies have applicability for the Supply Chain in every business and in every industry around the world. The Digital Supply Chain vision is within our line of sight.

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?

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.

Augmented Reality (AR) is Set to Transform Retail and the Supply Chain!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. The closure of a number of major American chains, as well as Amazon’s recent move into the grocery space with its acquisition of Whole Foods market, signal an industry in flux as it reckons with the ongoing transformations of the eCommerce revolution. Consumers don’t have to deal with lines, limited retail stock, or temper tantrums from kids – kids of their own, or their linemates.

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.

The user experience ensures that procurement policy is followed

ivalua

History of the user experience: ( read this article in French ). The user experience issue emerged in the seventies with the spread of information technology to the masses. In the early nineties, the user experience was given a theoretical basis by Don Norman, a professor of cognitive psychology at the University of San Diego, who instilled it in Apple’s DNA when he worked for the firm in Cupertino. In addition, the experience of a given user can vary over time.

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.

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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Digital Supply Chain Predictions!

Supply Chain Game Changer

The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! The focus is definitely on the efficiency of operations relating to technological applications. Internet of Things. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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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Navigating the Supply Chain Management Fault Line

Supply Chain Shaman

In parallel, I am also seeing market consolidation of traditional applications. There are five fundamental shifts: Redefinition of Decision Support Software. There is a lot of noise in this market. Decision support includes all forms of planning: demand, supply, revenue, manufacturing and transportation planning. The inclusion of cognitive computing in decision support will make the traditional applications in the advanced planning solution markets obsolete.

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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Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

“Managing supply chain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Dr Shereen Nassar, the Global Director of Logistics Studies and Director of the M.Sc.

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Trends and Predictions 2020: Supply Chain

Enterra Insights

The mixture of anticipation and anxiety with which the new year is greeted is invigorating because most people appreciate new beginnings. The new year is also the season of prognostication; with brave souls venturing guesses about what will take place during the following twelve months. Simon Ellis, Vice President of IDC Manufacturing Insights, observes, “The supply chain continues to undergo almost unparalleled levels of change.

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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.

Screen Time! Is That Enough To Be Good In Supply Chain?

Supply Chain Game Changer

Check out Quantum Leap to the Top 10 Supply Chain Skills of the Future! You may have a Desktop computer or a Laptop, or both, between your home and your place of work. You may have a wearable device like a Fitbit or an Apple Watch. You may have an iPad or other type of tablet. And your TV may even have Internet connectivity. We are surrounded by screens and the amount of time that we spend on them is truly remarkable. I am a big fan of technology.

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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.”.

6 Manufacturing Trends to Watch Out for in 2016

Cerasis

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. The Internet’s large-scale global penetration has spawned an increasingly large number of technology and web-savvy consumers, creating a huge opportunity for both industrial manufacturers and their end customers. Instead of setting up brick-and-mortar stores, or keeping inventory on hand, you can start offering this new product on your new store. The Role of Robotics.

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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.

Quantum Leap to the Top 10 Supply Chain Skills of the Future!

Supply Chain Game Changer

Check out The 5 Big Benefits of the Digital Supply Chain! The proliferation of the Internet of Things (IoT), Artificial Intelligence (AI), Machine Learning and Robotics, Industry 4.0, Big Data and Analytics, and Digitalization are all phrases that are emblematic of revolutionary changes both today and in the future. These technological advances will impact every aspect of our personal and working lives. Subscribe Here! Email Address.

Collaboration and Visibility in the Supply Chain

Oracle SCM

One of the Supply Chain Management trends apparent at the Gartner Supply Chain Executive Conference in May was highlighted by several vendor/customer presentations focused on the value of Collaboration and Visibility projects. Provide notification and context when some process is ‘out of control’ as defined by those pre-defined targets. As with any project, definition of the objective (usually based on ROI) is the starting point. Tom McDonough , Sr.

Automation in the supply chain to get major boost in 2019

EFT

A new report and industry survey from eyefortransport finds that automation is the top investment priority for retailers and manufacturers in 2019, particularly within the warehouse. The drive to get goods to customers at speed and to achieve operational efficiencies in what is currently a very tight labour market is pushing the investment environment to strongly focus on making more efficient warehousing operations that incorporate automation throughout.

The Digital Supply Chain Road is Full of Potholes, Construction and Accidents!

Supply Chain Game Changer

Enabled by highly publicized technologies such as Blockchain , Big Data , the Internet of Things , Autonomous Vehicles , Cloud Computing , Artificial Intelligence , Virtual/ Augmented Reality , 3D Printing and more the Digital Supply Chain holds great promise and exciting opportunities. Lack of a Strategy. It can be very exciting to think about all of these new technologies and just jump in and start implementing things. Fear of Failure.

Preparing Business for the Digital Supply Chain! (Oracle Interviews Mike Mortson)

Supply Chain Game Changer

Imagining the Supply Chain of the Future! Mike Mortson was recently interviewed by Oracle as a part of their Global Supply Chain Influencer program. Ninety-five percent said they plan to spend more this year than last, and 60 percent will spend more than $1 million over the next two years on disruptive technologies such as robotics, automation, predictive analytics, artificial intelligence, and the Internet of Things (IoT). Subscribe Here! Email Address.

The Challenge of “Click and Collect” Supply Chain Planning

ToolsGroup

“Click and Collect” lockers and sales kiosks are becoming increasingly popular methods of order fulfilment, and for good reason. Think of a vending machine-type setup in the airport that sells travel supplies like headphones and travel pillows. Volvo now offers a vehicle that allows you to give a one-time digital combination to your car’s trunk lock so that a delivery person can deliver goods to the trunk of your car. Or it can be placed at the location of a special event.”.

The Coming Evolution of the Digital Supply Chain!

Supply Chain Game Changer

How digital supply chain management, the broad concept that cloud-based systems, analytics and monitoring of goods, vehicles and other assets via the Internet of Things will improve the way supply chains run, is a major concern for many logistics organizations today. We know its coming, but how many have a clear understanding of the technology and its applications? This sounds like a mouthful of technology, but it makes sense. Subscribe Here!

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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.

Accelerate your Supply Chain Management at Oracle OpenWorld 2019

Oracle SCM

Starting today, leaders of finance, operations, supply chain, human resources, marketing, and IT from around the globe are coming together at Oracle OpenWorld 2019. As a supply chain professional, OOW19 is the perfect occasion to adopt best practices, hear of the latest transformative technologies of today, and learn how businesses like yours can leverage this innovation for the future. Procurement Cloud. By Evelyn Tao , Product Marketing Manager, Oracle SCM.

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

However, even with a growing number of innovative technologies at your fingertips, your success still depends on your strategy. To help you determine what tactics, processes, technologies and practices are a must-have in a winning supply chain strategy, we reached out to a panel of supply chain professionals and asked them to answer this question: “What’s the single most effective way to create a winning supply chain strategy?” Warehouse Efficiency

The Coming Age of Cognitive Supply Chains

Enterra Insights

Digitalization not only increases the amount of data being generated it increases the speed at which business is done. ”[1] In fact, speed and agility apply to all aspects of business operations, not just interactions with consumers. ”[2] The explain, “Traditional supply chains, reliant on manual processes, simply cannot keep up with the pace of today’s market; the processes for balancing inventories and forecasting used ten years ago are quickly overwhelmed.

Go Horizontal!

Supply Chain Shaman

This lack of alignment is an impediment to improving balance sheet results. I am a product of traditional, silo-based thinking. I did not understand warehousing and transportation until reassignment to a logistics role in 1985. I cut my teeth on early forms of supply chain planning. In the building of outside-in processes, the leader acknowledges that an order is not the best representation of demand and that there is no substitute for market data.

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