Real-time monitoring already happens in intensive care healthcare settings, where patients' vital signs are constantly monitored. Now, use of the technology is being extended to less intensive settings, like remote at-home monitoring of the elderly or patients with chronic conditions.
The payoff from joining the big-data and advanced-analytics management revolution is no longer in doubt. The tally of successful case studies continues to build, reinforcing broader research suggesting that when companies inject data and analytics deep into their operations, they can deliver productivity and profit gains that are 5 percent to 6 percent higher than those of the competition.
Companies plan to spend more in 2013 on a range of procurement-related technologies, but they are seeking a more strategic approach to doing so. So says a survey, "Corporate Spending and Procurement Trends - 2013", was conducted by Xchanging, a business process, procurement and technology services provider and integrator.
Depending on which corporate silo you belong to, inventory can be a liability, an asset or something in between. How do supply chain professionals overcome these biases and implement optimal inventory management solutions?
The latest spate of auto recalls came last month when auto giants Honda, Nissan, Toyota and Mazda were focused to recall more than 3.4 million vehicles as a result of faulty air bags originating from Takata Corp in Japan. Since the initial announcement, BMW has come forward with a related recall action of more than 200,000 of their cars.
RF Controls LLC, a provider of radio frequency identification smart antenna hardware and software, has received a foundational patent for its technology capable of tracking UHF passive RFID tags with accuracy within 12 inches.
The myth of showrooming - the suggestion that tons of shoppers are flooding stores to only use them as a physical showroom as they had always intended to purchase the product at Amazon - lives on. But a survey conducted in late April by Bizrate Insights is helping to add a little clarity. First, showrooming really doesn't happen very often. But more interestingly, when it does, it's more likely to be within the same chain. That's a problem all right, but the name of that problem isn't showrooming. It's internal politics.
ABI Research and the International Telecommunication Union (ITU) have signed a memorandum of understanding to jointly develop a Global Cybersecurity Index (GCI) to measure the cybersecurity development capabilities of sovereign nation states. The referential will be based on five categories: Legal Measures; Technical Measures; Organizational Measures; Capacity Building; and Cooperation.
Delta Air Lines is employing radio frequency identification technology to improve the visibility of oxygen generators installed within its aircraft in an effort reduce the amount of waste associated with discarding generators, as well as the time required to check the devices' expiration dates.
More retailers today are looking at the way they manage their non-merchandising indirect spends, and procurement transformation is increasingly coming into the conversation.