Remove Columbus Remove Inventory Remove Manufacturing
article thumbnail

Manufacturers, Technology, and the Digital Age

Enterra Insights

Manufacturers have historically found themselves at the cutting edge of technological advances. It’s surprising, then, to read stories encouraging manufacturers to jump aboard the Digital Age technology bandwagon. ” He noted, “Each of these technologies will fundamentally change how products are manufactured.”

article thumbnail

Industry 4.0 was Delayed, not Cancelled, by the Pandemic

Enterra Insights

” If manufacturers didn’t believe that truism before, they certainly believe now it — thanks to 2020. ” If manufacturers didn’t believe that truism before, they certainly believe now it — thanks to 2020. “Pilots were fruitful enough to convince manufacturers about the importance of data. .

Insiders

Sign Up for our Newsletter

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

article thumbnail

Digital Transformation Helps with Corporate Alignment

Enterra Insights

For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. However, distribution centers may be given the conflicting task of minimizing excess inventory space and cost. An objective function scores an outcome’s utility so the best outcome can be chosen.

Columbus 100
article thumbnail

5 Future Applications of the Industrial Internet of Things in Manufacturing & Logistics

GlobalTranz

Manufacturers are set to invest up to $70 billion in the Industrial Internet of Things ( IIoT ) by 2020, reports John Greenough of Business Insider. Previous Applications of the Industrial Internet of Things in Manufacturing. Previous applications of the IIoT in manufacturing have led to a savings of 12 percent across the industry.

article thumbnail

Artificial Intelligence Enhances the Evolution of the Internet of Things

Enterra Insights

Business consultant and AI expert Louis Columbus ( @LouisColumbus ) explains, “The key to getting more value from industrial internet of things (IIoT) and IoT platforms is getting AI and machine learning (ML) workloads right.”[2] ” And Columbus believes the AIoT will develop quickly. ” Concluding Thoughts.

article thumbnail

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

A North American-based survey of nearly 200 supply chain professionals from top CPG, distribution/wholesale, food and beverage, manufacturing, and retail companies found that 58% of respondents are still in the exploring or evaluating phases of digital transformation.

article thumbnail

Artificial Intelligence and Omnichannel Operations

Enterra Insights

Inventory Optimization. “Inventory optimization is a complicated thing that touches many aspects of the consumer goods supply chain, and often requires close coordination among manufacturers and distributors. ” 9. .” Omnichannel and artificial intelligence. Concluding thoughts. Footnotes. [1] 7] Weidemann, op.