Over the past few years, supply chain management has evolved from a labor-intensive local process to a "low-touch" - in some cases "no-touch" - complex global network. Today, SCM involves end-to-end and integrated planning and execution processes with real-time collaboration across the value chain. Such a system possesses tremendous flexibility in adjusting to a dynamic and consumer-driven marketplace.
Luxury leather furniture company Poltrona Frau Group has begun deploying a radio frequency identification system to reduce time and errors related to the receiving of leather upholstery material from its suppliers, and to inventory checks at its own storage area and third-party storage offsite.
Criminals go where they can do the most damage with minimal effort. It's why, for years, hackers targeted Windows rather than Macs - it was where the users, and in turn the data, were. And now we're seeing a steady migration from one platform to the next as popularity grows. Hackers moved from Windows to Apple's OS to mobile. Now, unsurprisingly, they are targeting the cloud.
The most pressing concerns for consumer packaged goods companies today are transportation and network redesign - priorities that just two years ago barely registered on their radar, according to a report by The Boston Consulting Group and the Grocery Manufacturers Association.
With cyber risks looming ever larger, CFOs must avoid "starving" information technology security budgets, the author of a recently released survey concerning cybersecurity and corporate governance warns.
RFID is thriving, reaching total sales of $10.1bn in 2015 with a large scope ahead for continued roll-out in many established markets and growth in new markets.
Banks, residences, hotels and logistics firms have begun using RFID-enabled two-way radios provided by wireless technologies company Hytera UK, to monitor the locations of its security guards and other personnel.
Demand Control is a process designed to take chaos out of near-term planning and promote actions that enable companies to profitably meet abnormal demand. The results are better performance and improved working environments.
It may be a gradual evolution, but more and more companies are realizing the benefits of adapting cutting-edge wireless technology to enable supply-chain efficiency, visibility, compliance and predictive analytics.