Internet of Things for Industry 4.0
Internet of Things for Industry Internet of Things for Industry 4.0 is a common term that refers to the technologies and concepts of value chain organisation that draws together the internet of things, services and cyber-physical systems. The term originates from a project by the…
Internet of Things
The internet of things has in recent times become a growing topic of conversation in the workplace and our homes. It refers to the network of physical objects which have been embedded with electronics, sensors and network connectivity that makes it possible for these objects…
Inventory Replenishment: Why Push When You Can Pull?
Inventory Replenishment Unlike the traditional supply chains, today’s supply chain is inspired by demand. At the same time, retailers, manufacturers and distributors seek to achieve the maximum profit by choosing the most appropriate model to forecast demand or react to consumer purchases. Currently, many companies…
Goals for Asset Management
Asset Management Regardless of the value of an organization’s assets, it is important to ensure that all asserts are protected and well managed. Asset management can help plan and maximize the returns on the investment. An effective asset management program can help achieve a wide…
Four Reasons Retailers Should Pay Attention to Reverse Logistics
Reverse Logistics Often, retailers emphasize the need for an agile and cost-efficient movement of freight to stores or customers but fail to acknowledge reverse logistics hence leading to missed opportunities for the entire consumer goods supply chain. Through the multi-channel model, consumers are able to…
Goals for Asset Management
Goals for Asset Management Regardless of the value of an organization’s assets, it is important to ensure that all asserts are protected and well managed. Asset management can help plan and maximize the returns on the investment. An effective asset management program can help achieve…
Best Practices in Today’s Distribution Center
Best Practices in Distribution Center A business may achieve success or complete failure depending on the selection of human resource, process tools and technology. The distribution center is crucial to the business environment. According to Don Derewecki, the executive vice president of Gross & Associates,…
Technology That Can Improve Safety In Manufacturing and the Supply Chain
Safety in Manufacturing and Supply Chain Regardless of individual opinions regarding the safety or lack of it when using technology, one factor is constant. Technology, has for some time been changing the capabilities of human beings. When used by the right people and for the…
Breakthroughs Manufacturing the Future of Medical Science
Future of Medical Science From curing crippling diseases and eradicating plagues to extending the average lifespan, medicine has undergone numerous changes over the years. At present and in the future, science and technology may be combined to bring about a new world where diseases can…
How Robots are Taking Our Jobs?
How Robots are Taking our Jobs Technology has undergone significant changes over the years. Unfortunately, technology has also resulted in job losses in various industries. On the other hand, advancements in technology have also meant more efficiency and faster service and product delivery. Historically, technology…
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