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The (Internet of Things) IOT Supply Chain Benefits Now Coming Clearer

GlobalTranz

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The Internet radically changed how the world communicates. Automated Data Transfers.

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Ultimate Guide To Technologies That Are Transforming Supply Chains

The Logistics & Supply Chain Management Society

Internet of Things. The Internet of Things (IoT), comprised of physical devices equipped with remote sensors that capture and transmit large amounts of data, is already making a big impact in the supply chain industry. Advanced and predictive analytics. That’s an increase from 17% in 2017.

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Throwing Down the Gauntlet

Supply Chain Shaman

It is one thing to write it, but it is a horse of another color to defend it. I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. I think three things: 1) A Hard-Fought and Tough Journey. E2open last week announced the purchase of Serus.

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

GlobalTranz

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. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Review Inventory turns and Return on Assets. Read more. .

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Will Arrogance Stunt your Growth?

Supply Chain Shaman

We have been taught, as supply chain leaders, that over the last decade supply chain processes have improved costs, shortened cycle times, improved customer service and decreased inventory. Based on our recent research, we find that only 1% of process-based companies are making progress on both operating margins and inventory.

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IoT Inspired Smart Warehouses Are Reinventing Inventory Management

GlobalTranz

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. Contact Veridian or feel free to call us at 1-770-225-1750 today.

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What is the Hyperconnected Era & “The Internet Of Things” and What does it Have to Do with Manufacturing & Logistics?

GlobalTranz

This growing movement of such hyperconnectivity is known as the Hyperconnected Era or often referred to now as “The Internet of Things.” The application of the Internet of Things (IoT) along with cloud-based GPS will make it possible to keep track of individual items and their conditions.