How is Industry 4.0 like The Matrix? Accurate digital simulations are very important to each.
As we more firmly enter the Industry 4.0 era in manufacturing, shipping and freight forwarding paradigms will have to keep up by offering the same levels of integration and digitization as their industrial counterparts.
Henry Ford wanted the general public to stop thinking of cars as a luxury and start considering them an attainable goal for working class buyers. How did he do it? By making cars cheaply enough that they could be purchased (the story goes) by the very factory workers who were helping to build them.
As newspapers have increasingly faced existential threats from television and internet news sources, the industry’s already-thin margins have gotten even thinner. What is to be done?
What are digital twins, and what do they have to do with NASA's Apollo 13 mission?
As global commerce is evolving, the furniture industry is evolving along with it. What does this mean from a supply chain management perspective?
The top supply chain disruptions include climate and weather events, forecasting errors, new trade regulations, oil and freight price fluctuations, machine and fleet breakdowns, and poor IT and technology integration, among others. Can supply chain digitization help fight them?
The ability to create efficient production schedules in a job shop can be a key value added propositions for manufacturers. But it's easier said than done.