Technology

How Smart Sensors Create Agile and Efficient Supply Chains

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With 43% of supply chains using smart sensors, the industry must continue to integrate IoT tools to ensure efficiency and agility. Last week, Morai Logistics presented the benefits of implementing smart manufacturing into supply chains. The integration of technology into factory level operations, ‘helps to create opportunities that improve efficiencies, productivity and operations on the …

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Infographic: 5 Ways RPA Optimizes Supply Chain Management

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Robotic Process Automation (RPA) is an effective solution that helps improve efficiencies, reduce costs and optimize productivity. Findings on the global RPA market, project a ‘Compound Annual Growth Rate (CAGR) of over 27%’ throughout 2013 to 2024. By 2024, this would amount to over 7, 000 Million (USD). In a recent survey on RPA adoption, 17% of …

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Digital Supply Chains: From Adoption to Digital Transformation

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Experts say that supply chains must move from adoption to digital transformation if they want to improve efficiencies, operations and take their businesses to scale. For the North American transportation supply chain and logistics industry, last year saw a widespread adoption of digital technologies. Predictive analytics proved beneficial to providing end-to-end visibility of supply chains, …

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How AR and VR Create Effective Supply Chains

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Augmented reality (AR) and virtual reality (VR) are ‘revolutionary’ emerging platforms that are changing the game for supply chains. From reducing cost to improving efficiency and accuracy, AR/VR could significantly impact the way orders are processed and shipped. The Global Augmented and Virtual Reality market is expected to reach ‘209.2 billion U.S. dollars by 2022’. …

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Truck Platooning: A Driving Force to Efficiency

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Experts on transportation supply chain and logistics say that truck platooning may help drive efficiency in today’s demanding market. In a special feature this month, Forbes revealed 4 Forces Transforming Logistics, Supply Chain And Transportation Today. Aside from political and economic shifts, and the recently discussed peak in consumer demand, ‘frontline technology’ also made this …

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The Digital Transformation of Retail and the Impact on North American Supply Chains

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The future of retail is growing increasingly reliant on digital technologies, which will place significant demand on transportation supply chains. According to the U.S. Census Bureau, in 2017 retail sales hit a record breaking $5.7 trillion USD. By 2020, global retail sales is expected to rise to $27.73 trillion USD. Statistics also reveal that last …

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Creating Actionable Supply Chains with Prescriptive Analytics

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Prescriptive analytics is a decision making model that can help supply chains meet the increasing demands that have resulted from the revolution of technology. Now more than ever, the supply chain and logistics industry is under pressure to meet the unprecedented growing demands of consumers. In addition, they also must meet demands with efficiency and …

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Arming Warehouses with Robotics and Automation

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The Canadian supply chain and logistics industry foresees a promising future integrating robotics and automation into their processes. In 2015, the value of Canadian robotics reached $201 million in orders, with an annual growth rate of 32% between 2010 and 2015. With consumer demands for speed and efficiency increasing, the supply chain and logistics industry …

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Companies Team Up to Launch a “Robo-boat” by 2020

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Two Norwegian companies are working together to build zero-emission, completely unmanned ships Several companies have been very public about their race to introduce fully-automated cars to the marketplace by 2020. Did you know that two Norwegian companies have teamed up to do the same but with a fully-automated boat? A Costly Start but Promising Future …

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