Tag Archives: Industry 4.0

Quality Data and Strategic Approach Ensures AI Implementation Success

BY SHERYL S. JACKSON AI technologies ranked highest of innovations that respondents to the 2024 MHI Annual Industry Report survey expected to adopt within the next five years. In addition to the 58% who expect to adopt AI technology, 27% of respondents report already using AI and only 15% say that they are unlikely to adopt AI tools. Leveraging the ...

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Future-Ready Capabilities for the Industrial Distribution Workforce

Higher Education BY DR. MALINI NATARAJARATHINAM, ASSOCIATE PROFESSOR, ENGINEERING TECHNOLOGY & INDUSTRIAL DISTRIBUTION, TEXAS A&M UNIVERSITY IURII MOTOV/SHUTTERSTOCK.COM The future of our work environment is going to be highly influenced by several technological advancements such as automation, artificial intelligence (AI), robots, big data and data analysis. These significant technological changes are referred to as “Industry 4.0” or the Fourth Industrial ...

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Preparing for the Future of Work in Supply Chain

By Maria Leggett COVID-19 forced everyone to experience what a rapid pivot required. The crisis gave visibility to the discrepancies between current and future skill sets of employees and the momentous task ahead preparing for the future of work. According to a recent McKinsey report, pre-COVID, 59% of company leaders prioritized building skill proficiencies. Post-COVID, that number changed to 78% ...

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