By using Internet of Things (IoT) data to predict machine failures, companies can reduce costly inventory stock while improving their ability to meet service levels, according to a joint research project of the Massachusetts Institute of Technology and managed services provider OnProcess Technology.
Dassault Systèmes has signed a definitive share-purchase agreement to acquire Ortems, a provider of on-premise and cloud-based software for constraint-based production scheduling and dispatching.
Trailiner, a U.S refrigerated goods carrier, recently announced that it is employing radio frequency identification to prevent loading and transportation errors, while saving the cost of manning its yard gate 24 hours a day.
Advances in software and hardware, spurred on by economic trends, new customer demands and a persistent labor shortage, are transforming the way in which goods are handled within distribution centers.
The provider of platforms and systems for telecommunications companies moves to adopt an end-to-end means of conducting supply and demand planning in real time.
You probably don't think of Henry Schein as a technology company. In fact, you probably don't think of Henry Schein at all. At No. 268 on the Fortune 500, it is one of the least known names on the list, in the most mundane of businesses - wholesaling supplies to dentists. But Henry Schein has managed to place itself at the center of a technological revolution. It has turned its dull-as-mouthwash catalogue business into the leading platform for digital dentistry, and increasingly for other medical practices.