Omnichain: The Cloud Approach to Supply Chain Operations for SMBs

We’ve all heard plenty about omnichannel commerce — the ideal by which retailers and business-to-business (B2B) merchants deliver a seamless customer experience regardless of channel, device, or location.  Those same principles can and should be applied across the supply chain. Small and mid-market (SMB) manufacturers and distributors in particular have ample room for improvement in…

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Tesla’s Supply Chain Miracle Dissected

Tesla did it: The arguably over-hyped EV car maker has delivered on founder and CEO Elon Musk’s bold claims of making 35,000 vehicles in the first quarter. Well, actually, Tesla’s production cadence fell just short of the target, topping out at 34,494 cars, although by rounding up to the nearest thousand, Tesla made 35,000 cars…

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Auto Makers Find a Million Reasons to Measure Defective Parts Per Billion in 2018

The electronics industry’s quest for ever-lower defective parts per million (DPPM) rates across complicated supply chains is a tremendous challenge for suppliers. Customers are demanding less than 1 DPPM per device and have moved to measuring defective parts per billion (DPPB). So far so good: 2018 hasn’t brought any of the high-profile, electronics manufacturing defects…

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EBN@C-Level: Cogiscan’s François Monette Paints a Picture of the Factory of the Future

In the global electronics market, original equipment manufacturers (OEMs) are creating the technology of the future, but at the same time, technology is completely transforming the way products are made. Industry 4.0, also known as Smart Factory, is changing production by leaps and bounds, and the trend will likely accelerate.  Industry 4.0 refers to smart…

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IoT & the Future of the Supply Chain

The Internet of Things has become commonplace to even the least tech savvy neophyte wandering in the modern world. In fact, research firm Gartner put the figure of connected things in use at 8.4 billion in 2017, up 31% from the year before. That will reach 20.4 billion devices by 2020, Gartner predicted. Consumer applications…

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AI/Machine Learning Streamlines Trade Finance

Trade finance is one of the most complex procedures in enterprise finance. According to Maersk, 200 documents are exchanged regularly among supply chain entities. These include payments, letters of credit, foreign exchange, board of compliance documents, shipping documents, and import and export documents. They must be approved by multiple entities including suppliers, manufacturers, distributors, customers,…

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