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All Technology: Page 250
For 3M, Technology Was the Key to a New Supply-Chain Mindset
It only makes sense that The 3M Company, with a business model resting almost entirely upon technology, would eventually get around to applying it to the supply chain.
Opinion: Europe's Emerging IoT Scene and Six Startups to Watch
The IoT revolution is gathering pace, impacting people's lives and the way they interact with the everyday 'things' around them. According to Cisco's 11th annual Visual Networking Index: Global IP Traffic Forecast Update, the number of connected devices will have grown nearly 2.5-fold, from 4.9 billion in 2015 to 12.2 billion by 2020, when global IoT spending is predicted to have reached $1.29tr, as outlined in a new IDC Internet of Things Spending Guide.
Walmart Offers Discount for Store Pickup
In a move designed to save on shipping costs while offering flexibility to customers, Walmart will begin offering discounts when shoppers opt to pick up an online order in store.
RFID Technology Lights Up Prescription Will-Call System
North Carolina drug retailer Drugco Discount Pharmacy has employed an RFID light stick for pharmacy will-call. The Suncrest Solutions system - new to U.S. drugstores - automates the retrieval process for prescription drugs when customers arrive at the counter to pick them up.
Bosch, Inmarsat Back Startup That Links Canals to the Internet
Actility, the European startup battling with rival Sigfox to connect things from fuel tanks to Amsterdam's canals to the internet, has raised $75m from investors in a bid to win business in the industrial sector.
RFID Brings Temperature Visibility to Pizza Chain
Mar Pizza, one of the largest business owners of Domino's Pizza franchises, is installing an Internet of Things system with ZigBee-based technology from Unified Office to manage temperatures at its approximately 70 restaurants.
Less Than 10 Percent of Retailers Use RFID, Study Says
According to RFID solutions provider SML RFID, the apparel market is still in the earliest steps of a long race toward universal RFID tag use. In fact, the company estimates, apparel market penetration is a conservative 4 to 8 percent thus far. This is considerably less than indicated on some reports, such as one from GS1, which estimate the adoption percentage at more than half.
DNA Technology Tracks Shrimp From Pond to Plate
DNA tracking is being used to verify shrimp supply chains for U.K. retailers in what is claimed to be the first application of its type.
Factory Reduces Order-Fulfillment Time by 20 Percent With RFID
Leal Indústria e Comércio, a manufacturer of personal protective equipment (PPE), says it has reduced its customers' ordering times by 20 percent. This result was achieved thanks to the use of a radio frequency identification solution developed by PC Sistemas, a company acquired by Totvs, which also provides the enterprise resource planning (ERP) system used by Leal.
A Better Risk Management Metric for Supply Chain Finance
Analyst Insight: It's surprising yet true that not many professionals in supply chain or S&OP are aware of Cash Conversion Cycle (CCC), a critical success factor metric. Many in finance are well aware of the metric. The elements are simple - Inventory Days of Supply + Accounts Receivable Days of Supply - Payables Days of Supply. Why is the metric so foreign and why doesn't everyone in SCM and S&OP use it to measure success? - Gregory Schlegel, executive-in-residence, Center for Supply Chain Research, Lehigh University
Software Robots Are Disrupting Businesses, Optimizing Supply Chains
Analyst Insight: Robotic process automation has the potential to transform organizations by helping to optimize back-office and repetitive functions. It can increase productivity and quality while reducing costs, and in many cases it requires minimal investment. In fact, organizations are finding that it can pay for itself in less than a year. - Sean Harapko, principal, Ernst & Young LLP
SATO Launches New Desktop Label Printer
SATO, a barcode and RFID technology company, has launched its WS4 compact desktop label printer line. The WS4 has applications in retail, healthcare, logistics and manufacturing workplaces, SATO says.
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