Industry WeekMore from Industry WeekAll LogisticsTotal Acquisition Cost Tool May Show Savings from In-shoring OverstatedOriginal equipment manufacturer sourcing decisions are typically based on total acquisition cost (TAC) formula comparisons. Because of this, such tools play a primary role in decisions about whether to purchase from domestic or overseas sources. TAC formulas attempt to take into account all cost factors related to buying from a particular source.July 21, 2016All TechnologyUnderestimating IoT Is 'Big Mistake'Yes, there is a ton of hype surrounding the Internet of Things. But the common assumption that the IoT is progressing at a linear rate is wrong.July 15, 2016All LogisticsCould Apps 'Uberize' Motor Freight, Cut Out Transportation Brokers?As most of us know, Uber is a technology platform that connects driver-partners with riders through a smartphone app. So the somewhat logical next step might be to "Uberize" the motor carrier industry, as it fits the profile very well.July 14, 2016Business Strategy AlignmentCreate - and Dominate - Product Category if You Want Your Company to Stand Apart from OthersThink different. Apple's Steve Jobs drummed that message into consumers for many years and it was core to the company's identity and its meteoric growth.July 6, 2016Business Strategy AlignmentU.S. Manufacturing Continues to Invest in AutomationDespite the economic slowdown in the industrial sector over the past year, the incidence of actual and planned automation investment is very high in American manufacturing, according to a report from the MAPI Foundation.June 24, 2016All LogisticsTaking Amazon Prime Head On, Walmart Offers Two-Day Online Sales DeliveryIn answer to Amazon's Prime Service, Walmart has cut the delivery time of its ShippingPass e-commerce subscription program to two days rather than three.May 18, 2016All TechnologyPoll Finds Manufacturing Already Benefiting from Cloud Services, Big DataCloud technologies have already improved insights into business, according to 66 percent of respondents in a recent survey of manufacturers by Plex. In addition, 31 percent are either evaluating their Big Data needs and opportunities or plan to do so in the coming year - and 35 percent believe data analysis is the most important skill set for the next generation of employees.May 6, 2016All TechnologyWhat Is the 'Fourth Industrial Revolution' and What Does It Mean for Your Industry?Of the all the burning issues discussed at the World Economic Forum in Davos, Switzerland, earlier this year, one that got top billing was the promise and peril of the "Fourth Industrial Revolution."April 22, 2016Business Strategy AlignmentCompanies Turn to 3D Printing to Remain CompetitiveA decade ago, consumers accepted waiting a week for their product but now with the infusion of companies such as Amazon and Alibaba, consumers are making their purchase decisions based on how quickly they will receive the product. In order to stay competitive in the marketplace, companies are turning to 3D printing to create their products quicker.April 14, 2016All Technology'Digital Thread' Collects Data From Product Design to ObsolescenceLet's say you're about to design a brand new product. You have a lot of work ahead of you. You need to define the specs, create the design, source suppliers, check in with experts in legal and in safety, set up a testing procedure, do trial runs. Then the product will go into mass production, require a warranty, be put into actual use.April 1, 2016Previous PagePage 2 of 30Next Page
