February, 2019

article thumbnail

Innovation key to creating successful global supply chains

Manufacturing & Logistics IT

Budding managers can learn how to successfully lead supply chains of the future by creating cultures of innovation and adopting latest technologies, in all sectors of their organisation. This is one of many areas covered in the University of London’s latest degree programme, the MSc in Supply Chain Management and Global Logistics.

article thumbnail

How to Mitigate Risk in Your Manufacturing Process or Design

Modern Machine Shop

Risk mitigation is something that all companies must address to protect themselves from the unexpected. Often, these unexpected outcomes can have severe consequences, both within the company and in the market where products and services are used. Even new quality management standards, such as ISO 9001, have included risk mitigation requirements for products and processes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Cobots are Levelling the Manufacturing Playing Field

Universal Robots

Worldwide conglomerates and huge corporations headquartered in major industrialized countries have an inherent edge in the global marketplace. Their ability to take advantage of economies of scale, their access to lucrative local and international markets, their ability to acquire the latest technology, and having the first.

article thumbnail

Pet food manufacturer snaps up FuturMaster supply chain technology across globe

Manufacturing & Logistics IT

Royal Canin, the pet food manufacturer owned by Mars Inc., has started to roll-out FuturMaster’s cloud-based demand planning software as part of a supply chain initiative to standardise processes across the globe and improve efficiencies. The new technology, which has so far been deployed in the US, is expected to help manage the growing complexity of supplying the right products at the right time to over a hundred markets around the world.

article thumbnail

The Supply Chain in 2025: What to Expect

In 2025, the Supply Chain continues its evolution toward “Logistics 4.0,” inspired by Industry 4.0. Two major characteristics define this transformation: automation, driven by robotic solutions, and prediction, paving the way for an era of planning and simulation powered by Artificial Intelligence (AI).

article thumbnail

The best things come in small packages for retail SMEs

Manufacturing & Logistics IT

By Matthew Robertson, Co-CEO, NetDespatch. “Britain is a nation of shopkeepers,” is the famous phrase coined by economist Adam Smith to explain the desire of a commercial nation to secure ever-expanding markets for its wares.

66
article thumbnail

Oracle leads diverse general merchandise POS software market

Manufacturing & Logistics IT

Major general merchandise retailers, comprising mixed formats as well as speciality hardgoods and softgoods chains, account for 2.6 million POS software installations globally.

57

More Trending

article thumbnail

Universal Robots Representation at ATX West 2019

Universal Robots

AMG Anaheim Expo and Conference, one of the largest automation shows on the west coast of the United States took place last week February 5-7, 2019 at the Anaheim Convention Center. The expo and conference drew several hundred exhibitors from across the globe representing 5 different events: MD; M West, West Pack, ATX West.

article thumbnail

Welcome to the Age of the Cobots

Universal Robots

It’s a thrilling time to be working with robotics. Every day the headlines are filled with breakthroughs in robotics, and it seems like we humans are finally ready to jump on board. New data from NPR and Edison Research tells us that as of January 2018, one in six Americans now own a smart speaker, up 128% from just a year ago.

article thumbnail

96,000 UK retailers failing to recognise value of effective pricing

Manufacturing & Logistics IT

Around 96,000* UK retailers are putting their business at risk by failing to grasp the importance of an effective pricing strategy. The figure was published in a report by pricing and automation specialist, Omnia Retail, which questioned retail businesses on the scope and efficacy of their pricing processes.

article thumbnail

Five steps the grocery industry can take to mitigate the impact of a no-deal Brexit

Manufacturing & Logistics IT

The UK grocery retail industry could lose up to £4.5bn revenue in the three months after Brexit if retailers are not prepared by 29 March, analysis from operational improvement specialist Newton has revealed.

44
article thumbnail

The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

article thumbnail

Government’s no-deal Brexit report shows it's now or never for organisations to prepare their supply chains

Manufacturing & Logistics IT

By Alex Saric, smart procurement expert at Ivalua. The government’s Brexit impact assessment has laid bare everything organisations have been worried about.

article thumbnail

Brexit - What next for British business?

Manufacturing & Logistics IT

By John Perry, managing director at SCALA, provider of management services for the supply chain and logistics sector. With EU negotiators seemingly ruling out the possibility of a second referendum, Labour demanding customs union membership, and Theresa May still doggedly pursuing her universally unpopular agreement, we seem to be hurtling ever-faster towards a no-deal Brexit.

article thumbnail

Research shows that retailers have five days to crack the sale, before risk of losing the customer rapidly increases

Manufacturing & Logistics IT

New research by retail technology expert Conversity has revealed that just under half (43 per cent) of shoppers researching complex purchases such as mobile phones, laptops or broadband packages make a buying decision within five days.

40
article thumbnail

86 percent of UK retailers haven’t completed supply chain digitisation

Manufacturing & Logistics IT

According to new research released from Gravity Supply Chain Solutions, 86 percent of UK retailers haven’t completed the digitisation processes (using a cloud based platform with real time visibility, and automation capabilities) required to give them full control of their supply chain.

article thumbnail

15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?