article thumbnail

Supply Chain Data Visibility Paramount as Industry Lurches into Next Chapter

IoT World Today

Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk.

article thumbnail

Logistics and autonomous systems – the promise of transformed logistics

Logistics in War

It’s been a rocky journey with the systems – for example, the ‘Autonomic Logistics Information System’ for F-35 Joint Strike Fighter has received a significant upgrade to overcome highly-publicised problems – but this really is a new era of information management and problems are inevitable.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Steph Curry and LeBron James Can Teach Us About Innovation

GlobalTranz

And in doing so, he provides a perfect example of the power of disruptive innovation. The 2002 Oakland A’s, who set baseball’s record for longest winning streak with the sixth-lowest paid team in the major leagues, used new statistics to disrupt baseball and set the stage for data-driven revolutions in many sports.

article thumbnail

Nearshoring & Reshoring Will Continue to Increase Thanks to these Main Benefits

GlobalTranz

Data from the Consumer Product Safety Commission (CPSC), however, do allow us to take a partial look at recalls by country. These recall counts point to sizeable growth over the past decade in the recall notices of Chinese-made consumer goods from 58 in 2002 to 153 in 2014. In contrast, there were 47 recall notices of U.S.-made

article thumbnail

Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

GlobalTranz

Industry data for 2004 - 2013 shows an annual loss of at least $17 billion due to vacant positions, with shocking losses of around $45 billion in both 2012 and 2013. For example, job training grants totaling $450 million were distributed among approximately 270 community colleges in 2014. Annually, 3.2 - 3.5

article thumbnail

Analytics in Supply Chain Management Becomes Central As Coronavirus Escalates

IoT World Today

Bouncing back more quickly, said experts, will require supply chain managers to turn to new ways of managing the supply chain, including using Internet of Things (IoT) data, analytics and machine learning (ML). And while during the SARS epidemic of 2002 and 2003, China represented 4.3% And again, data quality is a huge concern.

article thumbnail

Bayer Crop Science Tackles Shipment Visibility

Logistics Viewpoints

In 2002, Bayer AG acquired Aventis (now part of Sanofi) Crop Science and fused it with their own agrochemicals division to form Bayer Crop Science. For example, the Philipines might have been 2 months while France took over 4 months. Partners need to be open to data sharing for improved visibility.