Electronics OEMs are leading the charge in e-commerce with electronic goods expected to be one of the fastest-growing sectors. Even as they buy products online for home, these same individuals want to make buys for their organization as well.
After selling 2.5 million Galaxy Note 7 phablets in just two weeks, Samsung has issued a worldwide recall and temporary hold on sales because of battery overheating issues and danger of explosion. Since two-thirds of those batteries are manufactured by Samsung SDI, a supplier to many of the top brands of portable computing devices, this development could disrupt the supply chain for new devices for the rest of the year. Samsung SDI is one of the suppliers listed by Apple in their 2016 Supplier List, published in February.
Confronted with shrinking profit margins, capacity concerns and rising customer expectations, today's logistics organizations are looking for innovative ways to provide better service at a lower cost and to ultimately increase profitability and competitive advantage. This is why supply chain success extends beyond your workforce and into your partner ecosystem.
In the world of material handling, the notion of "driverless-ness" has been around for 60 years since the first automated guided vehicle (AGV) appeared in a grocery warehouse. High-tech warehouse operations are already used to the sight of AGVs performing tasks such as the vertical storage and retrieval of pallets and the loading and unloading of pallets onto outbound trailers.
The just-completed expansion of the Panama Canal to support larger container vessels is an important and highly visible milestone in supply chain management. Delivering goods in roughly half the time that it would take by alternate ocean routes will save shipping costs - assuming the goods arrive in good condition. But what if the goods are damaged during loading, unloading or while at sea? What if the container never made it on the vessel? That's where "in-transit visibility" plays an important role in supply chain management.
As much as IoT is the buzzword of consumer electronics, it will quickly become a critical part of the electronics supply chain as companies use sensors to maximize efficiency of various business tasks and integrate that information into a strategic advantage.