Data Management (Big Data/IoT/Blockchain)

To Attract Millennials, Manufacturers Need to Show Them the Technology

June 24, 2016

Manufacturers are recruiting to attract skilled labor to a growing number of positions and to replenish a workforce from which baby boomers are retiring at a rapid pace. By 2025, there will be two million unfilled manufacturing jobs, according to a study by the Manufacturing Institute and Deloitte Consulting.

Investing in Cybersecurity to Exceed $1Tr by 2021 - and Still May Not Keep Up with Threats

June 22, 2016

CSO

Worldwide spending on cybersecurity is predicted to top $1tr for the five-year period from 2017 to 2021, according to the Cybersecurity Market Report, published by Cybersecurity Ventures.

Smart Wearables Market Expected to See Huge Spurt in Growth This Year Over 2015

June 21, 2016

IDC

The worldwide wearables market will reach 101.9 million units in 2016, which would represent 29 percent growth over 2015, according to IDC research.

IoT Data Predicts Machine Failures, Lowers Safety Stock, Study Says

June 20, 2016

OnProcess Technology

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.

Dental Supplies Company Exemplifies Digital Transformation Through Cloud, Mobile, IoT

June 16, 2016

Fortune

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.

Chemical Industry to Be Transformed by Continuous Collection, Analysis of Data - PwC

June 10, 2016

ICIS

The advent of continuous data collection and analysis has the potential to change the face of the chemical industry, and will create the need for platforms allowing companies to analyse a material throughout its value chain, consultants at PricewaterhouseCoopers (PwC) said.

Investment Urged in Tracking Technologies to Protect Consumers From Food-borne Illnesses

June 10, 2016

IDC Retail Insights

One in six Americans get food-borne diseases each year with 3,000 of those cases resulting in death. Food and beverage retailers are strategizing to avoid such risks for consumers while keeping their profit margins intact. A report from IDC urges them to invest in tracking and other technologies.

Controlling the Uncontrollable in Supply Chain Management

June 7, 2016

ChainLink Research

If you think about it, the supply chain's action is outside the office. It is in a factory making things, a warehouse packing and shipping things, in a store where customers are shopping, or in a conveyance on the move.

Five Trends Driving Digitization of the Supply Chain

June 6, 2016

Ross Valentine, Director of Solutions Innovation, Jabil Inc.

The digital economy is putting pressure on traditional supply chain models to conform to the "now" generation. To avoid disruption, companies must give customers what they want, when they want it and how they want it.

Forensic Data Analytics Keeps Tabs on Fraud Committed Internally

June 3, 2016

Industry Today

According to the EY 2016 Global Forensic Data Analytics Survey, 77 percent of respondents use forensic data analytics to combat internal fraud, which includes travel and entertainment abuse, collusions, and other fraud committed by an insider.

Data Management (Big Data/IoT/Blockchain)

The latest news, analysis, trends and solutions for big data, blockchain and the internet of things (IoT) and their impact on supply chain management. Big data describes the large volume of data that inundates a business on a day-to-day basis and can be analyzed for strategic business insights. IoT is the means that collects and sends data from a range of “things” — anything from watches to fridges to cars — that are connected to the internet with sensors or computer chips. Learn how companies around the world are using big data, blockchain and IoT for supply chain optimization and competitive advantage.