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Think Tank
High-Tech/Electronics: Page 160
'The Perfect Order': Why It's So Hard to Achieve
Companies today need to cut costs, speed up fulfillment processes and manage growth. All the while providing "the perfect order."
FLEXcon Takes On Digital Revolution With Automation, Workforce Changes
FLEXcon was founded in 1956 when Myles McDonough saw an unmet need. "My father was an adhesive salesperson with a chemistry background, helping customers throughout New England learn how to run and where to use newly developed acrylic based adhesives," notes his son, Neil. "He noticed that his customers frequently turned down small orders. If the order was for less than 3,000 yards, then it was not worth setting up the adhesive coating machine. He believed, and subsequently proved, that there was a good business in small custom orders, if you organized yourself effectively and priced the order appropriately."
What Are the Benefits of Private Label?
Analyst Insight: Exclusive in-house brands or comprehensive private-label ranges are increasingly being used to execute a differentiation strategy. Exclusive differentiation is one of the key elements to creating an exciting and productive retail environment. It is vital to explore the importance of exclusive and private-label brands as a key differentiator in apparel retailing today. – Nancy Marino, Senior Vice President, Tompkins International
New Platooning System Generates 10 Percent Fuel Savings
In the not so distance future truck drivers will find themselves in close quarters with colleagues. This new pattern of driving, "platooning", calls for a number of trucks to follow each other very closely so they can take advantage of the aerodynamics and save fuel.
Healthcare Firms Plan to Increase Data Security Spending, Survey Says
After several high-profile breaches over the past couple of years, the healthcare industry plans to increase its spending on IT security more than other sectors.
IoT Startup Tracks Machine Operating Health With BLE System
When a component in a chiller or compressor starts to fail, the machine may continue to operate, but the reduced efficiency will cost a user in power consumption. Managing the health of mechanical parts can be a difficult task for buildings and industries, despite being an important way to ensure that machines are operating effectively.
Edible Drone to Offer Aid in Disaster Zones
A U.K. company has developed a lightweight edible drone that could deliver life-saving supplies to remote areas in times of disaster or conflict.
Looking Ahead: These Jobs Could Be Automated Within the Next Decade
When weighing career paths, or at least when debating a job proposal, one thing people consider is job security: Will the work still be there in the near future, or will they need to prepare to start hunting for a new position soon? This question gains depth when you add in the issue of automation: Artificial intelligence is a constantly improving technology, and its applications seem endless.
Ransomware Attacks on the Rise: How to Protect Your Company
Almost every day, it seems, there's news of another ransomware attack on a prominent organization. In fact, according to one study, almost 40 percent of all businesses experienced an attack from the summer of 2015 to the summer of 2016. To protect our companies against ransomware and its potentially disastrous technological and financial consequences, we have to understand what's needed to shield information technology systems from the initial infection and how to recover as quickly as possible.
Researchers Testing RFID for Saving Endangered Plants
Researchers at the University of Kent are teaming up with the South African National Biodiversity Institute to raise funding that will enable the launch of a radio frequency identification-based solution to protect rare and endangered plants from poaching.
Former Amazon Executive Shares Plan for Developing an IoT Strategy
The internet of things (IoT) may present the biggest opportunity to enterprises since the dawn of the internet age, and perhaps it will be bigger. Research firm Gartner predicts there will be nearly 20 billion devices on the IoT by 2020, and IoT product and service suppliers will generate more than $300bn in revenue.
Sphera Releases Tool to Ensure Compliance With E.U. Chemical Regulations
Regulatory demands from the European Chemicals Agency (ECHA) will increase in complexity in 2018 with the forthcoming European Substance Volume Tracking (SVT) regulations, and EHS software provider Sphera has released an enhanced version of its Intelligent Authoring software that the company says will ensure companies are able to stay in compliance with the new regulations.
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