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The smart factory Part 1: Digitization, digitalization and digital

SYSPRO Smarter ERP

The digital transformation of the operations and processes of factories and supply chains is based upon digitization of carefully selected machines and digitalization of the related business processes. So here goes – read on for a greater understanding of these concepts and the role they play in your journey to a smart factory.

Digital 133
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How to Deal with Damaged Freight: Freight Damage Types

GoShip Blog

While many business owners are aware of the negative effects of damaged goods and packages, many still struggle to understand what freight damage is, how it occurs, and how to mitigate risks. For example, changes in climatic zones and moisture content result in container rain , leading to damaged freight.

Freight 52
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How To Reposition Inventory to Better Respond To Natural Disasters

Camelot 3PL Software

A glaring example of how disruptive natural disasters can be for communities, businesses, supply chains, and inventory occurred on March 11, 2011, when an earthquake happened off Japan’s Pacific coast. Obviously, it’s not possible to move factories and warehouses, but many of the assets within such facilities can be moved.

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Chart of Incoterms 2020

Globalior

Nonetheless, charts summarizing information remain one of the easiest ways to understand how the terms should be applied. How to use Incoterm charts? Who pays for required documentation and which terms are suitable for containerized cargo and which are not. Compliance and. Customs procedures. The delivery point of each term.

Cargo 52
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Dealing with Damaged Freight: Types of Freight Damage

GoShip Blog

While many business owners are aware of the negative effects of damaged goods and packages, many still struggle to understand what freight damage is, how it occurs, and how to mitigate risks. Parties involved in physically handling cargo include: Supplier and factories. Step 2: Document the damages. Paid freight bill.

Freight 59
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Achieving Maturity in Risk Management Takes Years

Logistics Viewpoints

If a supplier’s continued material flow becomes questionable for a wide range of reasons, the way that supplier’s components flow to various factories and nodes in the supply chain is graphically illustrated and the appropriate commodity managers are automatically notified. In riskmethods risks are elevated using heat bubble maps.

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The smart factory Part 2: How manufacturers and distributors can evolve towards the smart factory

SYSPRO Smarter ERP

This means making factories smarter for the future. However, many manufacturers and distributors don’t know where to start and how to structure their approach to embark on the journey to digital transformation. What is the smart factory? How to create a smart factory. It’s important to first to set objectives.

Factories 105