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Data Management (Big Data/IoT/Blockchain): Page 141
IoT Data Predicts Machine Failures, Lowers Safety Stock, Study Says
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
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
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
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
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
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
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.
Are You a Manufacturer or a Provider of Solutions and Services?
As they witness the proliferation of sensors, software, computing power and connectivity embedded in everything from motor vehicles to home appliances, equipment manufacturers of all kinds are asking an existential question: is it time to stop thinking of themselves primarily as hardware and systems companies and instead to view themselves as providers of software solutions and services?
To Be Proactive to Consumer Demand, Electronics Supply Chain Needs Big Data Strategy
Perhaps no industry deals with volatility in consumer demand quite as much as consumer electronics.
China's Explosive Economy Tops Five Trends Influencing Global Maritime Industry
The restructuring of China's economy, the world's second-largest, is among five trends that will likely affect the world of maritime shipping, says Richard Clayton, chief maritime analyst at IHS Maritime & Trade.
Does Your Supply Chain Strategy Include Mobile?
Anyone managing a supply chain has to have a good head for logistics, coordinating a number of sources in manufacturing or procurement, negotiating for the best supplies at the best prices, and navigating a maze of partners on all levels. This means an extensive amount of time taken for inventory and cataloguing.
Digital Manufacturing Tech Can Bring 'Significant Cost Savings, Generate Revenue'
The ever-widening industrial digital ecosystem has manufacturers juggling rising investments in technologies with expectations these investments will lower costs and generate new revenue.
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