Industrial Technology
The recent growth of the e-commerce industry has transformed the global marketplace. According to Digital Commerce 360, consumers spent $861.02 billion on online shopping in 2020, a 44% rise over the prior year.As digital marketplaces continue to grow, we’re witnessing a shift in con
The unprecedented scale of disruption caused by the pandemic continues to wreak havoc across global supply chains in the early months of 2021.With 94% of Fortune 1000 companies experiencing disruption, organizations are digitizing to increase resilience and achieve cost and efficiency objectives, pa
As the unpredictable economy of 2021 makes its way to the end of the first quarter, businesses are encountering uneven patterns of equipment investment, depending on the market sectors they happen to be serving.Based on the Equipment Lease Finance Foundation’s U.S. Equipment & Software Inv
No matter the industry, cybersecurity breaches seem to be escalating in size and scale. The sprawling hacking campaign launched by Russia three months ago — which impacted as many as 18,000 customers of the Texas-based software maker SolarWinds Corp. — is an egregious example of the
In the new, never-normal world of retail fulfillment, the traditional binary model of product flow from the manufacturer to the distribution center to the store has been replaced by the “buy anywhere, get anywhere, from anyone” paradigm. While the pandemic accelerated the migration, the
Perfect storms don’t always start with snow and ice.Carriers are currently facing a combination of challenges that were unimaginable just a few short years ago. Across the country, e-commerce and buy-online, pickup-in-store (BOPIS) orders are still expanding after a record holiday season. Logi
The role of construction project manager is not for the faint of heart. They’re the eyes and ears of everything happening on a job site and are responsible for keeping the office staff and other key stakeholders in the loop. On top of that, they spend their time planning, benchmarking and mana
President Biden’s executive order reaffirming the “Buy American” policy for federal government contracting is meant to close the loopholes that have permitted some foreign sourcing of goods and services. But can U.S. manufacturers step up the pace of production to take advantage of
When the first cases of COVID-19 were reported last January, few could imagine the tragedy and disruption that would soon follow around the globe. What began as a seemingly isolated virus in a single province in China has not just endangered public health, but also triggered economic shockwaves that
The heightened attention being paid to environmental, social and governance (ESG) performance by companies is increasingly being extended to these companies’ supply chains. The rationale is clear: the ESG impact of any enterprise is not limited to its own direct policies and practices. Rather,
The legacy product lifecycle management (PLM) landscape has come to an end. It is inefficient, outdated and ill-equipped to support the development of the next generation of highly configurable and smart products. It’s no wonder that manufacturers across the industrial equipment, consumer good
The pandemic has exposed weaknesses in global supply chains, and proved that bundling logistics services can effectively thwart delays and overcome unforeseen challenges.The ability to work hand in hand with suppliers and customers from origin to final delivery strengthens the supply chain at multip
For many companies, it served as a makeshift solution to what seemed like a temporary problem during the early months of the pandemic. Almost a year in, and that has all changed. Curbside delivery, along with other omnichannel strategies, will certainly have a lasting impact on the shopping journey
Outgrowing it’s ERP software, a global manufacturer of power products set about removing roadblocks that were hindering essential business changes. With the assistance of a dedicated materials requirements planning (MRP) functionality, the company was able to reduce stock-outs, improve order t
India’s already weakened economy felt a sharp slowdown in 2020 after extensive lockdowns following the COVID-19 outbreak. This came on the heels of poor growth in 2019, when India’s economy grew a mere 4.9%, the lowest annual increase in more than six years. Atradius analysts
With a number of COVID-19 vaccines now either approved or nearly there, the debate has shifted to the logistical challenges of transporting vaccines across an unbroken and continuous cold chain — from the manufacturer to shipping facilities, hospitals and eventual point of use, all while minim
What’s causing the recent rash of container losses on cargo vessels?The news has been full of stories about maritime accidents and containers toppling from ships into the sea. Ocean Network Express’s ONE Apus and ONE Aquila. Maersk Line’s Seroja Lima, Munich Maersk and Maersk Essen
Trucking companies need to modernize in order to streamline operations and grow their businesses. Some fleets, both large and small, manage their operations by using systems that lack up-to-date features and the ability to scale. Or they’re still using homemade methods, like spreadsheets, to t
To meet the increased demand for product deliveries and transportation logistics driven by COVID-19, businesses have ramped up delivery driver hiring. Major enterprises that employ hundreds of thousands of drivers have a legal and ethical obligation to ensure the safety of these employees, contracto
Following the holiday season, it’s typical for shipping activity to settle from its end-of-year high. This is when companies can take time to assess the past year’s performance, and make plans for the next 12 to 18 months. This year, the focus is on determining what broke down across sup
Industrial Technology