Shipment tracking is one of the most critical services in supply chain management. Millions of dollars worth of goods are lost in transit every year due to a lack of visibility during the shipment process. Therefore, the ability to give an exact and immediate answer to the question, "where is my order?" is critical to the efficiency and robustness of any supply chain. TPSynergy's new IoT tracking devices integrate seamlessly into its award-winning supply chain platform, giving customers the ability to locate their shipment any time of the day.
If you had been involved in the supply chain 2012 and took a leave of absence till the beginning of 2018 you would have walked into an industry that has changed significantly in terms of technology. Some of the new tech may have been obvious to general IT managers who live in the world of change. But some of the changes are surprises to almost everyone. Here are a few of the tech that’s trending according to MHI’s 2018 Annual Industry Report.
Your manufacturing, shipping, warehousing, and retail channels are all perking along just fine. You have a great team handling your EDI transactions and managing exceptions and your trading partner relationships are in good shape. So what could go wrong and threaten all the good work you’ve done?
- Written by Bonnie Bain
- Category: Technology
Blockchain technology will play a key role in supporting supply chain transformation in the healthcare sector by helping to reduce fraud and better manage quality in the manufacturing and distribution of pharmaceutical products, according to leading data and analytics company GlobalData.
Supply chain transactions, mostly in the form of EDI transactions, generate huge amounts of data. But the advent of IoT devices, RFID tags, and retail sales transactions are making what seemed to be unimaginable volumes of data unmanageable and as useless as when the records were simply deleted after they had served their purpose. Analytics was supposed to be the answer but even that has turned out to be insufficient. Artificial intelligence is stepping in to extend analytics and add action to its insights.