article thumbnail

Make Way for the Supply Chain Internet of Things (IoT)

GlobalTranz

A supply chain that is transparent with an open configuration can accept the changes that the Internet of Things or IoT will bring. Learn more to get ready for the next wave of communications: the supply chain internet of things. Please Explain…What is the Supply Chain Internet of Things.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Supply Chain, Internet of Things, and Cognitive Computing

Enterra Insights

A number of analysts believe, in the near future, a symbiotic relationship is going to develop between the supply chain and the Internet of Things (IoT) — sometimes referred to as the Industrial Internet of Things (IIoT). Symbiosis is defined as a mutually beneficial relationship. The Supply Chain and the IoT. ”[2].

article thumbnail

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.

article thumbnail

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. Three things are happening, that I think are significant: Flextronics has invested in the development of Elementum.

article thumbnail

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. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

article thumbnail

Bait and Switch

Supply Chain Shaman

The market shift is towards analytics, but this new market is confusing. They are step change requiring either the redeployment of existing technologies or the purchase of new platforms. Data model structures are the difference between success and failure. Build What-if Analytics. Why is this happening? It is still early.