Customer expectations are shifting perhaps more regularly than at any other time in the history of supply chains. Technology fuels this. Businesses haven’t got any choice but to rise to the challenge and work out how they can meet customer expectations in a way that still enables them to thrive and grow. This means matching the availability of technology and its affordability with customer expectations, particularly in the arena of warehousing. Read more
Companies that operate with complex machinery, robotics and technology within their supply chains know that maintenance is a must-do. Continual efficient working of machines cannot continue without it. Maintenance is frequently a juggling act, trying to balance production levels with downtime and the cost of downtime.
Therefore, it’s much more efficient and effective to plan maintenance. This ‘preventative maintenance’ is undertaken with the view to reducing downtime by giving machines regular reviews and maintenance work. Read more
According to RSR’s (Retail Systems Research) benchmarking report regarding the Internet of Things (IoT), which was released at the end of last year, 98% of ‘Real Winners’ (defined as those that are the most successful in the industry) describe inventory management across the enterprise as incredibly important, and driven by the IoT. The role of the IoT, and not simply inventory management alone, is an interesting take and points toward the IoT unexpectedly helping with inventory management and not just customer management. Read more
You can’t move in the supply chain without being jostled from buzzword to buzz phrase. The supply chain management sector are pros at giving concepts an easily recognisable name, even better if it can be shortened to an acronym. But which of these buzzwords are important, and crucial to the future of supply chain management, and which are more hype than substance? Read more
Even just two years ago, it was hard to imagine how the Internet of Things would completely transform so much of the supply chain. However, the industry is radically changing. Indeed, this change is so enormous, so radical that it’s even being coined ‘The Fourth Industrial Revolution”. This term embraces the concept that the Internet of Things, is so all-invasive to industry, and happening with such immense speed, that it literally is at revolutionary levels. Read more
The Internet of Things (IoT) has changed from an idealistic ‘maybe’ to a snowballing reality. Supply chains stand to be, and are being, radically changed as a result. However, the IoT isn’t arriving in a one large hit, it’s happening gradually. At the moment businesses and individuals are in an experimental phase about how to use the IoT to their advantage – everyone is still learning, and technology is still advancing. However, we are at the point where we’ve seen enough to be able to start predicting what the Internet of Things will mean for the future in supply chains. Read more