In machine shops, the “parts” — i.e., the raw materials, MRO supplies and equipment, works-in-progress, and the finished goods — are vital role in the success of the business. Without effective ...

Delivering reliable product supply from a complex network of suppliers and service providers has only become more difficult in recent years with market challenges such as supply constraints and risk, ...

Industry 4.0 is not just about automation. It’s about smart systems that sense, adapt, predict and act in real time. One example is inventory control, which was once a centralized back-office function ...

To start, we all need to agree that tick marks on a sheet of paper, while seemingly accurate, do not provide real averages or anything close to inventory control. Using an average number of units per ...

AI delivers real supply chain value only when it is embedded into operational workflows and paired with process change, not layered on top of broken decisions. Successful AI in retail only works when ...