GlobalTranz

MARCH 18, 2016

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.

Internet of things 120

Internet of things Manufacturing Procurement Logistics Network Optimization Software Manufacturing 120

Enterra Insights

JULY 18, 2019

. “Market basket analysis is a standard technique used by merchandisers to figure out which groups, or baskets, or products customers are more likely to purchase together. Path to Purchase. “Analyzing how a customer came to make a purchase, or the path to purchase, is another way big data tech is making a mark in retail.

Omnichannel 162

Omnichannel Analytics Software Predictive Analytics Software Purchasing Skills 162

Enterra Insights

JUNE 15, 2020

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

Columbus Supply Chain Planning Software Modeling Software Predictive Analytics Software 100

ToolsGroup

SEPTEMBER 25, 2019

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.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Optimal Sourcing 136

Kinaxis

OCTOBER 9, 2015

Unlike other manufacturing industries, it’s a lot harder to make up for a miscalculation in raw material needs when you’re dealing with living, breathing animals that only reproduce at a specified rate. While there is the possibility of sourcing from a secondary supplier, there’s no guarantee they’ll have enough stock available.

Turkey 100

Turkey Forecasting Supply and Demand Columbus 100

Enterra Insights

NOVEMBER 26, 2019

The 2019 MHI Annual Industry Report polled more than 1,000 industry leaders, with most hailing from manufacturing and supply chain industries. Myers adds, “Retailers and distributors can prepare months in advance to help their suppliers plan to inventory and shipments based on customer demand and buying behavior.”

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Procurement Analytics 100

Enterra Insights

MAY 19, 2020

She writes, “Sustainability, ethical sourcing, corporate responsibility, brand safety and product integrity are vast, complex, down-the-rabbit hole [supply chain] concerns. ” Louis Columbus ( @LouisColumbus ), a Principal at IQMS, believes another technology, blockchain, will make the IoT/supply chain even stronger.

Internet of things 100

Internet of things Supply Chain Planning Software Supply Chain Software Optimal Sourcing 100