When we talk about the Internet of Things, most people think about the flood of wearables and connected devices that will be put into the hands of the consumers. This same trend, though, has the potential to transform, in good ways, supply chain management.
Increasingly, the supply chain and procurement departments are turning to digital solutions, rather than traditional manual systems, to maximize results. Recent research points to a substantial potential upside.
Automation may be the single most important issue for distributors across the country as they tackle the escalating costs associated with multichannel distribution.
The introduction of Apple's smart watch hardly surprised the journalist and analyst community by revealing anything truly "revolutionary" or unexpected. However, the wearable tech device launch next year is still expected to shake up the nascent sector's supply chain.
How do you explain business situations and supply chain management practices in a way that gets kids excited? You make a game of it. Business on the Move has done just that.
The competitive pressure on members of the global electronics sector has never been greater. While electronics OEMs recognize that their supply chains represent a significant opportunity to gain efficiencies, reduce cost and boost market share, many struggle to take their supply chain process improvement efforts beyond the proverbial low-hanging fruit.
If you haven't yet gotten used to the idea that 3D printing is playing an important role in the supply chain, you'd better hurry up. 4D printing is about to change today's manufacturing by adding transformation capabilities to 3D-printed objects on an industrial scale.
The successful reverse logistics process that works domestically may not translate if you try to take it international. When you cross borders, especially international borders, there are a host of issues and risks, which you need to consider and mitigate.
In the high-tech and electronics industry, cutting costs is often difficult and nearly impossible to do without impacting product quality, time to market, or customer service. Unwilling to compromise on such critical business factors, many electronics companies are turning to less conventional means to drive cost savings and as a result, are often finding ways to not only reduce costs but also improve operations and overall business practices. Reverse logistics is one such area.
