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Category: Emerging Trends

Get digital or get left in the dust

The entire supply chain industry is changing rapidly due to digitalization. Supply & Demand Chain Executive said, “Now is not the time to double down on antiquated or entrenched processes. The supply chain industry is evolving at a rapid pace [...]

IoT track-and-trace growth in supply chain

Businesses are investing in supply chain more and more, especially in track-and-trace technology. Supply Chain Drive reported, “Among industries spending on Internet of Things (IoT) technology, the track-and-trace sector is expected to have the largest spending growth — a 24.2% [...]

Why analyzing IoT data isn’t always easy

You have all the data you need - now what? Data that isn’t actionable is not helping anything. The problem with big data is that it can accumulate very quickly and can become hard to manage! As Supply Chain Analytics [...]

How to best utilize IoT in supply chain

How can IoT be best harnessed for supply chain? With the best tools. Supply Chain Brain said, “While IoT holds real potential for optimizing supply chain operations, businesses must balance this potential with the costs and risks of implementation.” So, [...]

Keep an eye on these trends in 2019

Supply Chain Academy said the main trends to watch for supply chain in 2019 are AI, wearable devices, sustainability, visibility, and risk management. AI is important because it could truly affect every part of the supply chain, increasing efficiency along [...]

New Ways Technology is Impacting Supply Chain

Improvements in technology are always affecting supply chain. Here are some that will be making an impact in the next two years! Cloud-based commerce networks will increase efficiency by speeding up communication while micrologistics will impact distribution strategies. Flexible postponement [...]

Creating Apprentice Opportunities in Manufacturing Automation

Automation is coming fast, and there are so many career opportunities coming with it! Unfortunately, not enough people have the skills needed to fill those positions. Industry Week said, “I think it is fair to say that American companies rushed [...]

Smart Manufacturing Concept Defined

What exactly is the smart manufacturing concept? Dave Turbide says it comes down to visibility and connectivity. He also said, “Extensive use of industrial internet of things (IIoT) sensors and devices provide much of the enabling technology, while increasingly sophisticated [...]

Industry 4.0 trends – Risk vs. Reward

Industry 4.0 may seem like a risk, but it’s actually becoming more risky to hold off. So, what is the risk vs. reward? A significant percentage of manufacturing companies are moving forward with industry 4.0 projects and you don’t want [...]

IoT is changing the industry – how are you managing those changes?

Have your employees bought into the changes you’re making or are they still skeptical? Have you thought about changing to a culture-first organization? Automation World asked the question - since the industry is so groomed to follow process, how does [...]

How to Get Ahead in Digital Manufacturing

What does it take to get ahead in digital manufacturing? Deloitte determined that businesses succeeding are have four distinctive traits; adopting a long-term, dynamic approach to digital strategy, using the power of the ecosystem, confidence in leadership and workforce talent, [...]

Staying Ahead of Supply Chain Technology Trends

Important trends to follow in manufacturing revolve around supply chain technology this year. It’s important for businesses to not only keep up with trends, but stay ahead of the curve and predict what’s to come. Mospaze says the six trends [...]

Automation in Supply Chain

What is workflow automation? How is it implemented? Manufacturing.net said, "Starting small with workflow automation allows organizations to streamline simple manual process like contract signatures and work all the way up to more complex tasks, such as supplier performance management." [...]

Understanding the Basics of Blockchain and Supply Chain

Blockchain has become a major buzzword, but many people still don't quite know what it is or how it could apply to their business. The simple explanation is that it's a software to help conceptualize and plan easier - and it [...]

Exploring the Implications of an Emerging Production Revolution

Those in the industry agree that a new manufacturing revolution is around the corner. New converging technologies and integrated application systems are changing how we make things and how services are delivered. Moreover, the way we carry out manufacturing R&D [...]

Current Manufacturing Trends for Growth: Key Takeaways

Last month, Mark Albert, Editorial Director of Modern Machine Shop, attended the Manufacturing for Growth (MFG) Meeting in Miami, Florida. He now shares his thoughts and feedback on the many presentations, including how the pace of change is accelerating, why [...]

5 Key Tech Trends Changing Manufacturing for Good

The Association of Equipment Manufacturers (AEM) recently delved into the emerging trends and technologies in the manufacturing world. Through multiple thought-leadership initiatives, including CONEXPO-CON/AGG 365 online, AEM revealed 5 key tech trends, including Industry 4.0, Internet of Things (IoT), and [...]

The Future of Blockchain Technology in the Supply Chain

Blockchain technology is offering a promising solution to ever-increasingly complex supply chain. That said, manufacturers cannot depend on blockchains alone to make their operations more manageable, but they should all be looking closely at the potential. Read on to find [...]

AI in supply chain optimization is creating jobs

Don't panic, the introduction of artificial intelligence (AI) into the supply chain doesn't mean humans will soon be replaced by smart, machine-learning robots. It does mean, though, that humans working in the supply chain workforce will need to make adjustments [...]

When Will IIOT Standards Allow for Cross-System Compatibility?

Earlier this week, we touched on the importance of IIOT (Industrial Internet of Things) technology within the supply chain. But not everyone's convinced. At least, not yet, and at least not until some stronger standards are put into place. IIOT [...]

How Will IIOT Technology Benefit Your Supply Chain?

Have you ever placed a work order or shipped a product that seems to get sucked into a mysterious black hole until it winds up completed or delivered? Anyone in supply chain sure has. Fortunately, Industrial Internet of Things (IIOT) [...]
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