If Industry 4.0, which has been touted as the fourth industrial revolution, has an impact that is remotely comparable to those of its predecessors, then it’ll be remembered for a lot more than just powering the smart factory.
The concepts that make up the Industry 4.0 framework don’t have to stop at the edge of the factory floor. Indeed, the very same principles that drive modern, digitized manufacturing are also bringing about the era of Logistics 4.0.
Out of date quotations and inefficient processes lead to businesses consistently settling for prices that don’t reflect current market trends or their own particular needs. In the era of Industry 4.0 we’re finally beginning to see some meaningful changes to the procurement process
We’ve spoken a bit on this blog about the impact that artificial intelligence and machine learning can have on a given company’s supply chaining planning and day-to-day operations, but what impact does this technology stand to make on the global supply chain as a whole?
Decision-making silos and poor data integration make an accurate view of the supply chain difficult to come by. The end result is that businesses struggle to get the most out of their transport logistics.
Traffic, weather, and other supply chain events conspire to disrupt the plans of freight forwarders and supply chain logistics experts around the globe. One of the industry’s most important challenges is to mitigate those risks. Strategic network planning is a method of doing just that.
flexis AG is specialized in flexible information systems for supply chain management. With over 20 years of experience in providing standardized software modules, flexis AG offers individually customized solutions that are secure and have been proven over a long period of time. Read more about us.