Imagine a world where automation comes together with technology to deliver products without human intervention. An order is placed by a consumer. 3D printers pickup the details and print the finished product. It’s then picked by robots from the shelves, packaged and placed into a self-driving truck.
Computer downtime is the ‘Darth Vader’ of the shop floor, and as the film would say, ‘the saga continues.’ The quest for improving manufacturing floor productivity constantly hits the buffers because of failing IT equipment.
Shippers increasingly burdened by unexpected “air taxes” levied by carriers
Everyone has had the experience of opening up a box and finding it mostly filled with bubble wrap and other packing material. Carriers hate this because eCommerce volumes are straining their capacity and having to ship air in containers wastes space and cost them money.
More companies are actively engaging with consumers in search of the ultimate omnichannel sales experience as the strength of online sales increase, reports Supply Chain Quarterly. Unlike traditional supply chains, omnichannel supply chains rely on the successful integration and application of data, process standardization and high-tech tools to ensure a seamless flow of information and products.
Automation sales declined throughout 2016, but industry experts believe a major shift toward third-party companies is coming, reports Patrick Burnson of Supply Chain Management Review Manufacturers need to increase production without increasing overhead costs, and outsourcing technology to 3Pls is the perfect solution.
Modern supply chains have access to more information and technology than ever before, creating a new, digital supply chain. However, the digital supply chain has grown increasingly reliant on the use of “smart technologies,” such as those involved in automated data capture, analyses and the Internet of Things (IoT).
Are industrial manufacturers seizing all the opportunities of a more digital world?
A recent article suggests that, by 2018, only 30 percent of manufacturers investing in digital transformation will be able to maximize the outcome. The remaining 70 percent are hindered by outdated business models and technology.
This is concerning.
One of the most critical systems that are being used by most companies today is the Enterprise Resource Planning or more commonly known as ERP. This software allows a business to integrate its once fragmented systems into one, solid system.
By Molly Connell, Online Marketing, TradeMachines
According to one of Maurice Conti’s TED presentations, we arrived to a new, augmented age, in which Artificial Intelligence gains a new role.
With the rapid advancement in technology, a lot of small and medium scale enterprises are now able to compete in the market with much better business tools that improve their efficiency and accuracy. And as we welcome the new year, new small business technology and trends are surfacing once again which will further make technology an imperative in small business today.