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Industry 4.0 and the Agile Supply Chain: Materials Inventory Meets AI

Materials inventory is no small matter for manufacturing companies. Duplicate parts in your storeroom place a needless burden on your books, while depleted or inaccurate inventories threaten your supply chain with unexpected downtime when equipment fails. To top things off, managing inventory can become a headache for employees tasked with harmonizing or syncing data from […]

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Last-Mile Logistics: How Sellers Can Make It a Strength and Not a Setback

The last mile, defined as the movement of items from a transportation hub to the final delivery destination often residential, is often the most challenging, costly, and technologically deficient portion of the delivery process. But as more and more consumers use e-commerce to order and ship everything from medicine to artwork, the shipping and logistics […]

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5 Insights to Industry 4.0

5 Insights to Industry 4.0

Nearly all middle market manufacturing executives are at least moderately familiar with Industry 4.0, according to BDO’s Middle Market Industry 4.0 Benchmarking Survey. But while more than half (54%) have either developed or are in the process of developing an Industry 4.0 strategy, only 5% are currently implementing one. Another 25% plan to develop an […]

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Technology Lifts Global Forklift Market

The global forklift truck market is anticipated to grow at a CAGR of 6.4% during the forecasted period of 2017-2024, according to Research and Markets’ latest report. Technological advancement to help improve forklifts where they are integrated with sensors and other components, growth in manufacturing industries and e-commerce, along with rising demand in the construction […]

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China Turns Attention to Logistics

China is thinking logistics. To prioritize market growth, improve productivity, and reduce costs, the country plans to build 30 high-tech logistics hubs by 2020. By 2025, China predicts these hubs will include 150 devoted logistics facilities, according to China’s National Development and Reform Commission (NDRC). Within the 127 cities qualified for the project, China will […]

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