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Using data and AI to improve manufacturing

SYSPRO Smarter ERP

The area of AI that manufacturers need to explore to drive their factories into the future is machine learning (ML). What is Machine Learning ML is the computing engine behind AI and gives computers the ability to make sense of, and learn, from data to perform specific tasks without manual interference. The Industry 4.0

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The smart factory Part 1: Digitization, digitalization and digital

SYSPRO Smarter ERP

Manufacturers and distributors want to dramatically increase their efficiency, productivity and accuracy through smart technologies, data analytics and connected services. These terms are often used interchangeably, and yet understanding the difference is critical in the move toward smart factories powered by digital technologies.

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How manufacturers can enable innovation on the factory floor

SYSPRO Smarter ERP

A practical way that manufacturers can do so is firstly through using data in more comprehensive ways and secondly by embracing digitization to optimize their operations for the future. Optimizing the use of data for manufacturers. Obstacles on the data journey for manufacturers.

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Global Logistics Market Analysis: 2022 Summer Edition

MTS Logistics

We experience such diverse supply chain disruptions that tracking the data on U.S. The new problems stem from the recent port lockdowns, factory closures in Asia, a slow down in production, and mixed signals on U.S. The post Global Logistics Market Analysis: 2022 Summer Edition appeared first on More Than Shipping.

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CLIVE Data Services Reports Global Air Cargo Down as Industry Braces for Impact of Coronavirus

Airfreight Logistics

The global air cargo market saw a 4% year-on-year decline in the four weeks to February 2, 2020, according to the latest ‘dynamic load factor’ market intelligence from CLIVE Data Services. But looking at the data in more detail tells a more nuanced picture.

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5 data prerequisites for carrier predictive freight rating in logistics

FreightWaves SONAR

Control over trucking freight rating remains a blip for many carriers, particularly owner-operators and those trying to manage the chaos of a pandemic-stressed industry. Now, the industry is changing yet again. Initial demand on the industry will likely generate a stronger ROI for trucking carriers through higher trucking spot rates.

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Analysis: Why Shipping Rates Have Spiked and When Might Rates Come Down

MTS Logistics

Industrial material production, food production, retail sales, and manufacturing continue to all be affected by this problem. Products are ready in factories, but there are not enough containers for them. Shipping industry analysts reported that blank sailings during the first nine months of 2021 were 7.7 Shipping rates.