Across industries, companies large and small are facing similar supply chain challenges: managing an overwhelming availability of data; meeting the growing demands of globalization; and hopping the artificial-intelligence and machine-learning bandwagon.
According to BI Intelligence, Internet of Things-connected devices will more than triple by 2020, from 10 billion to 34 billion. For small and medium-sized enterprises, which may not know where to begin or have the required time and expertise to implement IoT into their processes, surviving this age of digital transformation can seem like a tsunami of data and new processes crashing down. -Chuck Cimalore, CTO, Omnify Software
Faced with increasing pressure to meet today's digital consumers' demand for personalization, varieties and values – all under shrinking lead times and heightened competition – the foremost strategy in the apparel industry is to minimize time and cost related to product development and market launch. Top companies are leading the field in 3D virtual technology applications in this area, enabling them to reduce time and cost to market, while simplifying process and improving supply chain collaboration. -John Coyle, Professor Emeritus, Logistics and Supply Chain Management; Steve Tracey, Executive Director of the Center for Supply Chain Research; and Kusumal Ruamsook, Research Associate of the Center for Supply Chain Research, all at Penn State
The latest news, analysis, trends and solutions regarding product lifecycle management and its impact on supply chain management. New developments in product lifecycle software - which manages product information from design to disposal - are transforming the way companies operate and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using product lifecycle management solutions for supply chain optimization.
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