Technology > All Technology | SupplyChainBrain

All Technology: Page 255

Data Is the Biggest Challenge for Predictive Analytics

Analyst Insight: The number one challenge to making predictive and prescriptive analytics succeed is data cleanliness and completeness. Until that is solved, predictive analytics programs will struggle to provide value. The problem is made more acute by the amount of new data coming online each year. – Bill McBeath, Chief Research Officer, ChainLink Research

The Internet of Things Opens New Supply Chain Opportunities

Analyst Insight: The Internet of Things (IoT) is the topic du jour. Some estimates predict that in 2020 there will be close to 50 billion connected devices. What will all these connections mean for supply chains? First and foremost, it will shine light on what was once dark in supply chains. However, the true excitement for IoT lies in the new business processes that could emerge from these newfound insights. – Guy F. Courtin, Vice President, Industry and Solutions, GT Nexus

Jan Feb17 Cover Sm 02

Improving Operations and Profitability With Cross-Functional Analytics

Analyst Insight: In today's rapidly changing technology and business environments, companies need agility and preparedness to make swift, profit-enhancing strategic and operational decisions. One powerful way to facilitate this is by using finance and risk analytics in the supply chain. Today few companies have enterprise-wide, cross-functional analytical capabilities, but leaders across most industries are developing their understanding of these valuable analytics. They realize they possess a tremendous amount of untapped data and they want to leverage the data with better analytics to optimize the supply chain and contribute more meaningfully to the business discussion. – Bob Bishop, Principal, PwC; Glen Goldbach, Principal, PwC; and Corey Gallon, Director, PwC

Jan Feb17 Cover Art Slider 02

Supply Chain Digitization Inches Toward the Mainstream, Research Shows

Business transformations that leverage digital technologies may sit atop most CIOs' priority lists, but the reality is that digitization is far from mainstream. Industries remain less than 40 percent digitized on average, according to research McKinsey & Co. released earlier this month.

'The Perfect Order': Why It's So Hard to Achieve

Companies today need to cut costs, speed up fulfillment processes and manage growth. All the while providing "the perfect order."

Podcast 2017 07

FLEXcon Takes On Digital Revolution With Automation, Workforce Changes

FLEXcon was founded in 1956 when Myles McDonough saw an unmet need. "My father was an adhesive salesperson with a chemistry background, helping customers throughout New England learn how to run and where to use newly developed acrylic based adhesives," notes his son, Neil. "He noticed that his customers frequently turned down small orders. If the order was for less than 3,000 yards, then it was not worth setting up the adhesive coating machine. He believed, and subsequently proved, that there was a good business in small custom orders, if you organized yourself effectively and priced the order appropriately."

New Platooning System Generates 10 Percent Fuel Savings

In the not so distance future truck drivers will find themselves in close quarters with colleagues. This new pattern of driving, "platooning", calls for a number of trucks to follow each other very closely so they can take advantage of the aerodynamics and save fuel.

Gas Pump 1 05

Healthcare Firms Plan to Increase Data Security Spending, Survey Says

After several high-profile breaches over the past couple of years, the healthcare industry plans to increase its spending on IT security more than other sectors.

Health Symbol 1 07

IoT Startup Tracks Machine Operating Health With BLE System

When a component in a chiller or compressor starts to fail, the machine may continue to operate, but the reduced efficiency will cost a user in power consumption. Managing the health of mechanical parts can be a difficult task for buildings and industries, despite being an important way to ensure that machines are operating effectively.

Ransomware Attacks on the Rise: How to Protect Your Company

Almost every day, it seems, there's news of another ransomware attack on a prominent organization. In fact, according to one study, almost 40 percent of all businesses experienced an attack from the summer of 2015 to the summer of 2016. To protect our companies against ransomware and its potentially disastrous technological and financial consequences, we have to understand what's needed to shield information technology systems from the initial infection and how to recover as quickly as possible.

Sc Security Risk 1 14

Researchers Testing RFID for Saving Endangered Plants

Researchers at the University of Kent are teaming up with the South African National Biodiversity Institute to raise funding that will enable the launch of a radio frequency identification-based solution to protect rare and endangered plants from poaching.

Former Amazon Executive Shares Plan for Developing an IoT Strategy

The internet of things (IoT) may present the biggest opportunity to enterprises since the dawn of the internet age, and perhaps it will be bigger. Research firm Gartner predicts there will be nearly 20 billion devices on the IoT by 2020, and IoT product and service suppliers will generate more than $300bn in revenue.

Iot 1 09

Page 255 of 1071

Featured Product

Photo: iStock/Anastasiia Yanishevska

How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

Moving Robots Site-to-Site