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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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Top 14 Logistics and Supply Chain Management Training Programs and Courses in 2016

GlobalTranz

Today, Kelly shares the top 14 Logistics and Supply Chain Management training programs and courses available in 2016. It is important to note the necessity to build strategy of company’s logistics system development and integrate it as a full-fledged component for not less than 10-15 years. University Courses. 3) OnCampus Texas.

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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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This Week in Logistics News (May 14 – 20)

Logistics Viewpoints

Kroger’s foundation is funding food waste research. The deal sets the lofty goal of deploying 12,000 of Wingcopter’s 198 drone systems over the course of the next 5 years. Recent studies suggest that an estimated one-third or more of US food waste is coming from households. To combat the problem, the Kroger Co.

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The 3 Pillars of Supply Chain Management (And Why Their Alignment Matters)

Logistics Bureau

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach. Book your free consultation.

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Sitma works with university towards packaging sustainability

Logistics Business Magazine

To develop a method to analyse and contain CO2 consumption and emissions deriving from the automatic packaging processes of Sitma lines with a specific focus on e-commerce solutions and then define a go-to-market strategy. However, the company wanted to go a step further and look for tools able to provide objective data and values.