The manufacturing floor operates in the blind in the absence of real-time data from suppliers on arrival of parts or raw materials, says Jeffrey Luft, portfolio development executive with Siemens Digital Industries Software.
The impact of ambient IoT is expected to be “quite profound,” enabling greater sustainability, traceability and food safety, while reducing shrink and theft.
Kareem Mohamednur, partner with PwC, outlines the challenges that companies face in complying with a raft of environmental, social and governance (ESG) requirements, while controlling both cost and supply chain risk.
In 2021, just one in five of the 2,000 largest publicly listed companies committed to net-zero policies for carbon emissions. A wake-up call is needed, and field service operations are on the front line to deliver it.
Risk mitigation has always been a part of supply chain management and will continue to be of great importance, says Jamie Rutherford, director of sales, supply chain, for Vector Security Networks.