Supply chain disruptions have cost one in three organizations more than €1m ($1.06m) in the last year, according to a report. "The Supply Chain Resilience Report," published by the Business Continuity Institute and supported by Zurich Insurance Group, said the overall number of organizations experiencing supply chain disruptions fell from 74 to 70 percent.
This year, a number of Danish organizations will be running a pilot Internet of Things project to test the collection of real-time data from equipment onboard ships. The Aalborg-based company GateHouse is behind the pilot project, and a number of other companies including the shipowner Uni-Tankers, Logimatic and the Danish Maritime Authority will contribute to the testing of the new technology.
A year after launching an enterprise-wide Internet of Things (IoT)-based tool to capture and manage radio frequency identification and other sensor data at 50 Boeing assembly sites, San Diego-based software company Tapestry Solutions is marketing a commercial version of the system. The new version, called Enterprise Sensor Integration (ESI), is aimed at large companies across multiple industries.
While more than 50 percent of respondents are not currently leveraging public cloud, 80 percent plan on migrating more within the next year, according to a study conducted by TriCore Solutions, an application management company.
Engineering company Process Systems Engineering (PSE) is marketing a near field communication (NFC) RFID label it developed this year that will identify safety-instrumented system devices at industrial locations, as well as track each device's maintenance and calibration history.
Warehouses and distribution centers are dynamic environments where many different challenges arise. Sometimes those challenges go beyond the normal issues to become overwhelming, and start to impact the performance of the business. A Warehouse Management System (WMS) can help a business with many of these challenges, yet many smaller and medium-sized businesses hesitate to move from a manual paper-based approach to even a rudimentary WMS, based on fears about cost and disruption.
Spyder, a ski and performance brand, will implement near field communication (NFC) technology within its latest U.S. Ski Team collection. Through a partnership with Smartrac, a provider of RFID-based Internet of Things tools, Spyder is powering a select collection of its U.S. Ski Team items to connect with NFC-enabled consumer devices globally.
As the complexity of managing global supply chains grows, the need for collaboration across the entire ecosystem of internal and external stakeholders and partners has risen sharply. A company's supply chain is its lifeblood - both upstream with suppliers, and downstream with customers - directly impacting topline growth and bottom line performance.
IDC Manufacturing Insights has published its "IDC FutureScape: Worldwide Supply Chain 2017 Predictions," report to offer the 10 predictions that provide the framework for IT and line-of-business (LOB) decision makers' and influencers' planning and execution of technology-related initiatives in the year ahead.