Efficient transport of goods to factories and customers forms the backbone of the global economy. But as supply chains become increasingly international and shoppers demand faster deliveries, moving products across …
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inventory management 4.0
- Inventory managementProductionSupply Chain Management
Industry 4.0 and Automation – Is the Industry Ready for it?
by Ludger Schuhby Ludger SchuhIncreasing automation does not only stir the economy, but also the minds of the people. Many are afraid that they could lose their jobs and the media is fueling the …
- Inventory management
Ghost in the machine – how Operations Research drives Inventory Management 4.0
by Kai Keppnerby Kai KeppnerThis scenario could become very real in the near future: A particular car part (e.g. a shock absorber) continuously collects data about its current status using sensors, and autonomously alerts …