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All Technology: Page 249

Factory Reduces Order-Fulfillment Time by 20 Percent With RFID

Leal Indústria e Comércio, a manufacturer of personal protective equipment (PPE), says it has reduced its customers' ordering times by 20 percent. This result was achieved thanks to the use of a radio frequency identification solution developed by PC Sistemas, a company acquired by Totvs, which also provides the enterprise resource planning (ERP) system used by Leal.

A Better Risk Management Metric for Supply Chain Finance

Analyst Insight: It's surprising yet true that not many professionals in supply chain or S&OP are aware of Cash Conversion Cycle (CCC), a critical success factor metric. Many in finance are well aware of the metric. The elements are simple - Inventory Days of Supply + Accounts Receivable Days of Supply - Payables Days of Supply. Why is the metric so foreign and why doesn't everyone in SCM and S&OP use it to measure success? - Gregory Schlegel, executive-in-residence, Center for Supply Chain Research, Lehigh University

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Software Robots Are Disrupting Businesses, Optimizing Supply Chains

Analyst Insight: Robotic process automation has the potential to transform organizations by helping to optimize back-office and repetitive functions. It can increase productivity and quality while reducing costs, and in many cases it requires minimal investment. In fact, organizations are finding that it can pay for itself in less than a year. - Sean Harapko, principal, Ernst & Young LLP

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SATO Launches New Desktop Label Printer

SATO, a barcode and RFID technology company, has launched its WS4 compact desktop label printer line. The WS4 has applications in retail, healthcare, logistics and manufacturing workplaces, SATO says.

Shoe Retailer Uses RFID to Bring Omnichannel to Physical Store

Italian footwear retailer Store of the Future (SOTF) opened its new Florence shop in September 2016, with an EPC ultrahigh-frequency (UHF) RFID-based system to bring more personalized service to customers as they try on shoes, while also enabling omnichannel sales.

These Four Risk Mitigation Methods Can Improve the Bottom Line

Analyst Insight: There are a few risk-mitigation methods that can improve the bottom line, and they have been around for some time. They are Product Portfolio Management (PPM), Customer Value Management (CVM), Total-Cost-to-Serve (TCS) and Gross Margin Return on Inventory Investment (GMROII). - Gregory Schlegel, executive-in-residence, Center for Supply Chain Research, Lehigh University

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New Tech Platforms Are Changing the Focus of Business Planning Strategy

Analyst Insight: As technology solutions providers improve their offerings, companies are taking another look at integrated business planning (IBP). New scalable workflow and collaboration tools are automating the capture and integration of data across functions, allowing for the development of actionable insights that link day-to-day decisions to overall business strategy. - Can Dogan, principal, Ernst & Young LLP

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Alibaba Cloud Aims to Take Artificial Intelligence to the Masses

New technology from Alibaba Cloud aims to predict when and where large airfreight shipments will be sent each day for a range of forwarders and shippers. Alibaba says its new artificial intelligence (AI) platform, called PAI 2.0, will provide businesses and organizations machine-learning capabilities.

Retail Revolution: Four Ways Supply Chains Are Evolving

Analyst Insight: As consumers' relationship with retailers changes, supply chains need to become more agile and responsive to fulfill the promise of an omnichannel world. Wholesale, retail and e-commerce supply chains, which have grown independently over the years, are merging - but significant transformation is necessary to help make omnichannel execution more profitable. - Parag Jategaonkar, performance improvement principal, Ernst & Young LLP

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Power in Procurement: Three Approaches to Consider

Analyst Insight: Outsourcing continues to grow, yet the news is full of outsourcing agreements that didn't work as planned. Far too often firms rely solely on power to get what they want. This leads to confusion, resentment, lost productivity, and at times, missed market opportunities. Suppliers and buyers need to better understand the use of power, and how this relationship will impact performance. - Karl Manrodt, professor of logistics and supply chain management, Georgia College and State University

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Predictive Analytics Aim to Transform Supply Chain Risk Management

Analyst Insight: The key to supply-chain risk management is a predictive model that uses enhanced analytics to identify potential risk. This model would allow companies to move beyond historical metrics so they can determine risk for every part and supplier. It also would identify the appropriate response, promoting consistency within the organization. - Sven Dharmani, performance improvement principal and global automotive sector supply chain leader, Ernst & Young LLP

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For Tech Industry, IoT Is Changing the Landscape

Analyst Insight: Relatively flat growth over the past several years coupled with margin erosion and heavy M&A activity in the industry has companies looking to the their supply chains for greater efficiencies. Long-tail SKUs and accelerated obsolescence cycles are clogging storage capacity that is needed for expansion of new lines, categories and products to deliver "one-stop shopping" for customers and competitive advantage for distributors. The next competitive edge will come, not from step change, but from transformational projects that deliver unprecedented efficiency and agility. - Chris Mehl, electronics industry leader, Fortna Inc.

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

Moving Robots Site-to-Site