INVENTORY MANAGEMENT Archives | Manufacturing Technology Insights
inventory management

IoT to Merge With Robots for Technical Leap
Manufacturingtechnologyinsights >> news

Internet of Things (IoT) and robot are two revolutionary technologies that have made a significant impact on the human lifestyle. On the one hand, IoT devices exchange information over the network to ease and comfort human life within homes and...

How Material Requirement Planning Strengthens the Manufacturing Process
Manufacturingtechnologyinsights >> news

Material Requirement Planning (MRP) is an inventory management system designed to manage manufacturing business processes. The main aim of MRP is to maintain optimum inventory levels that are essential to keep the manufacturing process running....

Immutable Records in Manufacturing with Blockchain
Manufacturingtechnologyinsights >> news

According to Gartner, the business value of blockchain will slightly increase by more than $176 billion by 2025 and eventually by $3.1 trillion by 2030. Capgemini, on interviewing industry experts and start-up companies, found that 24 blockchain...

Predictive Analytics: Enhancing Inventory Management and Demand Forecasting
Manufacturingtechnologyinsights >> news

Enterprises, particularly manufacturers, are facing difficulties in overseeing inventory effectively since, with globalization, the inventory supply chain has turned out to be substantially more unpredictable. Materials are imported from all over...

4 Ways Technology is Revolutionizing the Warehouse
Manufacturingtechnologyinsights >> cxoinsights

Michael Schoenfeld, SVP, Head of Contract Logistics USA, DB Schenker

With warehouse efficiency being so closely tied to customer satisfaction for retailers, e-commerce shippers, and many other enterprises, we’re seeing a growing number of companies and logistics providers integrating, existing, and emerging...

Why Have Your Inventory in the Cloud?
Manufacturingtechnologyinsights >> news

Inventory management is all about maintaining optimal inventory levels to avoid unnecessary capital expenditure by ensuring the demands made are achieved efficiently without running out of stock. Assessing the right inventory needs of today helps...

Industry 4.0
Manufacturingtechnologyinsights >> cxoinsights

Venkat Nandikolla, Global Head of Manufacturing, Mindtree

1. What are the Benefits of Cloud Computing for the Manufacturing and Supply Chain Industry, and how has your Company Embraced it? In this era of Industry 4.0, the need for higher efficiencies both on the shop floor & in the enterprise,...

Implementing IIoT in Field Services
Manufacturingtechnologyinsights >> news

The traditional field service model involves technicians following man-made work orders where systems and equipment that require servicing or repairs need to be diagnosed first. Technicians need to travel to the customer’s location to make a...

Software Engineers are the Future of Logistics
Manufacturingtechnologyinsights >> cioviewpoint

Mario Harik, CIO, XPO Logistics, Inc. [NYSE:XPO]

In the age of e-commerce, consumers have more choice than ever. We can shop anytime of the day and from virtually any location. Retailers are adapting quickly, too. Established brands are trying new things all of the time in an effort to be the...

Time to Reach for the Clouds
Manufacturingtechnologyinsights >> cxoinsights

Mike Ruchensky, VP & CIO, Swift Transportation [NYSE:SWFT]

Today’s fleet managers—and their drivers—face heightened responsibilities in an increasingly competitive transportation industry. Budget pressures and regulatory uncertainty can put the squeeze on fleets, coupled with the fact we...

Technological Innovations in the Manufacturing Space
Manufacturingtechnologyinsights >> cxoinsights

Cathal McGloin, VP, Mobile Platforms, Red Hat

Scope of Analytics in Manufacturing Space With increased data volumes as well as regulatory and competitive pressures, global manufacturing supply chains are facing new levels of complexity that require greater traceability and faster reactions...

Delivering Value with a Strategic Framework for Inventory Management
Manufacturingtechnologyinsights >> cxoinsights

Darrell Edwards, SVP & Chief Supply Chain Officer, La-Z-Boy

In the supply chain world, not unlike most other disciplines, firms frequently find themselves in search of the next big thing; some revolutionary break through that will drive big value. Unfortunately, in most cases, not only is such a break...

Digital Opportunities in the Consumer-Products Supply Chain
Manufacturingtechnologyinsights >> cxoinsights

Mark Osborn, Vice President Digital Strategy and Business Planning for Consumer Products with SAP

By implementing digital solutions, CP companies can understand and act on consumer needs in real time Consumers today are online and connected as never before, changing how they live, communicate with friends and family, monitor data about...

ERP: A New Age of Innovation
Manufacturingtechnologyinsights >> cioviewpoint

William R. Dyer, CIO, Cincom Systems, Inc.

Benefits of Cloud Computing Cloud and ERP can be a good mix in certain situations. We tend to see cloud as just one more alternative in a multi-tier ERP architecture. When it’s right, it’s right. Some operations require little or no...

Decoding the Information Revolution
Manufacturingtechnologyinsights >> cioviewpoint

Daniel Cavallin, CIO, Celistics

Data Consolidation and Conversion One of the main challenges in the supply chain industry is the data consolidation. Very often, not all the links of a chain are directed by the same entity, and as a consequence, each one uses a different code...

Leveraging Mobile Technology to Ensure Quality in the Supply Chain
Manufacturingtechnologyinsights >> cxoinsights

Dave Hale, CEO, Gigwalk

Lax Standards in the Downstream Supply Chain Many companies have unfortunately come to accept or ignore defects in the downstream supply chain that would otherwise be unacceptable in the upstream supply chain. Manufacturers invest significant...

Falcon Fastening Solutions: Innovative Industrial Inventory Solutions
Manufacturingtechnologyinsights >> vendor

Giovanni Cespedes, President and Owner

Full-service provider of tailored production component, kitting, and subassembly supply solutions for original equipment manufacturers (OEMs)

Artsyl Technologies: Improving Operations with Digital Transformation and AP Automation
Manufacturingtechnologyinsights >> vendor

Jeffrey Moore, Chief Sales Officer & Partner

The company develops and offers a business process transformation platform for data and documents collection, automation, and analysis services

MES: Engineering Supply Chain Excellence
Manufacturingtechnologyinsights >> vendor

Hiten Shah, President & CEO

MES is a full-service provider of global manufacturing and supply chain management services and custom engineered solutions

Prodsmart: Setting up the Smart Shop Floor
Manufacturingtechnologyinsights >> vendor

Gonçalo Fortes, CEO

Prodsmart provides a ground-breaking manufacturing execution system (MES) integrated with mobility to provide a holistic view of the entire value chain

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