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FedEx CIO Attests to Data-Driven Strategies in Pandemic Times

IoT World Today

As organizations continue to adapt to the roller-coaster ride of 2020, some leaders’ pre-pandemic IT strategies brought business resilience even as COVID-19 struck. Indeed, some organizations spent several years laying the foundations for data-driven strategy and remote operations even prior to COVID-19.

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Top courses to upskill manufacturers

SYSPRO Smarter ERP

The last few years have proven that manufacturers need to be agile to respond to market demands at all levels of the operation without increasing costs and waste or sacrificing efficiency. Digital transformation has quickly become an essential part of any successful business strategy which has also resulted in a skills gap.

Course 105
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IoT in Logistics: Hackathon Team Aims to Slash Food Waste

IoT World Today

Of course, the Internet of Things and the broader field of artificial intelligence have a host of potential supply chain applications. . Despite many attempts from a variety of organizations to apply various technologies to cut down on food waste, the problem persists. In all, 46% of total produce is lost each year, according to BCG.

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Research: security concerns prevent effective use of IoT data

Logistics Business Magazine

Research by Inmarsat , a world leader in global, mobile satellite communications, reveals relatively few businesses derive maximum benefit from the IoT data that they gather. Infrequent data collection and lacking an IoT data strategy leaves many businesses surveyed struggling to extract full value from their IoT data.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies? It’s unlikely, however, that the effects of your pricing strategies are quite that simple.

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Top 8 Applications of Artificial Intelligence in The Supply Chain

3PL Links

Artificial intelligence lowers waste and losses in the supply chain by automating procedures. inventory management helps the company not lose sales, prevents/reduces waste, and reduces expenses. Artificial intelligence is being used by enterprises in the modern day to establish more efficient delivery strategies.

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Shipping demand management: why enterprise shippers need in-depth insights

FreightWaves SONAR

All of these challenges potentially create waste in your supply chain. That’s where data analytics comes in.” Gaining in-depth insights and current data about the supply chain, load statuses, and consumer demands can make it easier for enterprise sippers to adjust and plan.