Technology

The Internet of Things: Is it a Risk or Big Reward for Your Supply Chain?

With all the hype about the Internet of Things, it wouldn’t take much to feel, well, left out of things. Before panic sets in, a word from the experts: Even though the idea of an interconnected—and perhaps automated—world of sensor-led devices that can freely transfer data over a shared network keeps making headlines, it’s still not reality. “To be clear, ...

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Big Data’s Impact on Supply Chains

Big data—the vast amounts of information that businesses, companies and organizations collect and store about inventory, operations, customers, vendors, sales and other transactions—and the challenges associated with strategically processing it play a key role in the operation of today’s most successful supply chains. Companies that figure out how best to harness the capture, storage, management and analysis of big data ...

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Technology Trends

Those brown UPS trucks have been doing more than hauling online purchases and wedding gifts. For the past few years, the delivery company has used tens of thousands of its trucks as “rolling laboratories,” analyzing data from on-board sensors and using the findings to optimize routes, cut idling time, assess driver safety and make vehicle maintenance more efficient. This “telematics” ...

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3-D Dilemma

3-D printing isn’t a new technology but it’s recently been gaining more attention in the business and popular press. Companies like GE are incorporating it into their manufacturing processes; NASA is planning to send a 3-D printer to the International Space Station; and UPS will be introducing 3-D printing services into some of its stores. Gartner, a market analysis and ...

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Leverage Data to Produce Accurate Inventory Demand Forecasts

Having the right item in stock when customers are ready to purchase is an essential component of customer satisfaction. Customers have a wide range of choices, so whether they are looking for clothing, appliances or electronics, there is always another business ready to sell to them if their first choice cannot deliver. The good news is that every business has ...

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The Impact of the Cloud and Mobile Devices

Until two years ago, Moosejaw Mountaineering & Backcountry Travel, an online and brick and mortar retailer specializing in outdoor recreation apparel and gear, relied on a paper-based warehouse management system. Plans to add four additional stores to bring the number to 11 and an increasing volume of online orders spurred the move to automate the process. “We’re a small information ...

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The Benefits of Fracking

New methods of harvesting natural gas and oil from shale formations through fracking (hydraulic fracturing) have already provided several benefits to the U.S. But how widespread and long-term will those effects be, and how will they impact the companies that make up the supply chain throughout the U.S.? Lower energy prices Unconventional production methods have produced an abundance of natural ...

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Robotics on the Rise

Technological innovations and lower component prices are placing robotics within reach of far more companies now, allowing manufacturers to cut costs, provide better jobs and wages, modernize plants and move production onshore from overseas factories. By Dinah Wisenberg Brin

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