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Think Tank
High-Tech/Electronics: Page 158
The Power of Analytics in the Supply Chain
Analyst Insight: Best-in-class organizations are tapping into the power of analytics to improve supply-chain performance and identify improvement opportunities. Organizations use analytics for scoring models for vendor performance, detailed demand forecasting, and safety stock recommendations, optimizing fulfillment logistics, creating predictive models of different failure conditions, inventory budget optimization, and many other supply-chain activities. Today’s complex supply chains require that leaders create a data-driven culture, both internally and externally with supply-chain partners. – Andrea Stroud, statistician, APQC
Shipping Theft: Challenge and Response
How to Protect High-Value Inventory in High-Risk Environments
Sales Planning: Big Data Provides the Answers
Analyst Insight: We have come a long way from the days where gut feel and years of industry knowledge ruled the day and drove critical decision-making. "Water Cooler Talk" seems a thing of the past, but to effectively work together, businesses must replace it with a new process. Face to face cross-functional team discussions are critical in helping teams learn to work together and communicate effectively. Welcome to sales and operations planning (S&OP). – M. Scott Moon, principal, Tompkins International
New Study Examines Mass Adoption of IoT Technology
The average return on investment from the Internet of Things is 34 percent, with one in 10 interview respondents reporting returns greater than 60 percent, according to a new study published by Aruba, a Hewlett-Packard Enterprise company that specializes in next-generation networking solutions.
How Safe Are Drones? Dummies Are Finding Out
Hank sat impassively on a Virginia Tech athletic field, ready to take it on the chin for the future of drone commerce.
Blockchain: A Better Way to Track Pork Chops, Bonds, Bad Peanut Butter?
Frank Yiannas has spent years looking in vain for a better way to track lettuce, steaks and snack cakes from farm and factory to the shelves of Walmart, where he is the vice president for food safety. When the company dealt with salmonella outbreaks, it often took weeks to trace where the bad ingredients came from.
Most Retailers Plan to Use RFID, IoT Technologies by 2021, Study Says
Zebra Technologies' "Retail Vision Study," released this week, finds that the majority of retailers surveyed globally expect to embrace radio frequency identification and other Internet of Things (IoT) technologies, as well as use analytic data from those systems by 2021, as more shoppers move to online sales.
U.K. Finance Chancellor Announces Millions for Robotics and Driverless Vehicles
The chancellor of the exchequer has given more detail about how a £23bn ($28bn) infrastructure investment pot will be spent.
Invest in These Technologies to Improve Profitability and Productivity
Analyst Insight: With companies reshoring their manufacturing facilities back to North America in today's market and in the future, leading industrial manufacturing companies are striving to enhance factory performance and improve plant productivity to maintain a competitive edge. Industrial manufacturing is in the midst of a technological renaissance that is transforming the systems and processes of the modern plant. Companies can't afford to ignore these advances or they will be left behind. – Brian Neuwirth, VP of Marketing and Sales, UNEX Manufacturing
Unisys, CSIRO Partnering on Threat Analytics for Cargo Security
IT and software company Unisys Corp. announced that it will partner with Australia's government-backed Commonwealth Scientific and Industrial Research Organisation (CSIRO), to develop software and technology that can analyze massive sets of data to identify risks posed by both passengers and cargo.
BluJay Solutions Unveils Global Trade Network
Kewill and LeanLogistics have announced their rebranding as BluJay Solutions, and, in conjunction, have unveiled the BluJay Global Trade Network - a model that goes beyond automation to help organizations harness the full power of the global supply chain ecosystem.
Transforming the Supply Chain Into a Digital Supply Network
Analyst Insight: Today, every business is a digital business. That means that every supply chain needs to be a digital supply network that unites not just physical flows but also talent, information and finance. This new breed of supply chains is more connected, intelligent, scalable and rapid than ever before and has the potential to help companies reap billions of dollars in new revenue and savings. – Gary Hanifan, managing director, Accenture Strategy, Operations Strategy
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