Thu.Mar 28, 2024

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Data-driven decision making in manufacturing

SYSPRO Smarter ERP

Data-driven decision making is the process of collecting the data that a company uses, and transforming it into actionable insights. It is a modern business strategy that lets company staff make decisions based on facts instead of biases. Using data to find patterns, inferences, and insights ensures that your company goals and plans are based on evidence and that decisions made are balanced and objective.

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Lloyd’s of London Says Baltimore Bridge Collapse Could Lead to Record Insurance Loss

Supply Chain Brain

Barclays said claims for damage to the bridge alone could reach $1.2 billion, along with hundreds of millions of dollars for business disruption caused by the port’s closure.

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What is Fleet Management | A Complete Overview Guide

Conger

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. These commercial vehicles are called fleets and are often one of the most expensive assets for a business. Fleet management is the process of organizing, coordinating, and overseeing company vehicles.

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Scalable Mobile Robot Conveyancing Tech

Logistics Business Magazine

LexxPluss is investing heavily in the US to provide its autonomous mobile robots (AMR) technology. The Japanese automation solutions provider has recently announced a new US demo space to showcase the capabilities of its flexible robotic fleet solutions and the flagship 30×30 ft facility is located in the Indiana IoT Lab, in Fishers, Indiana. In addition to the demo space, LexxPluss has established a US subsidiary, opened a new US sales office in Indiana, and is expanding its team.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?