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5 examples of the black swan theory

Logistics at MPEPS at UPV

Today we are going to find out what the black swan theory means, how it affects the economy and the society overall and several examples of how the black swan events have changed the words. The video game industry has taken the trend and has also dramatically changed course.

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Online Learning is Growing Exponentially—And it’s Here to Stay

Logistics Bureau

Whereas online courses and programmes were previously managed as a separate entity, they are now an integral part of most academic systems. Big business from about 2011 onwards started realising the value of adding e-learning to staff training programmes. Online courses are the quickest path for a student to obtain a degree.

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Industry 4.0: Building the right skills to meet the factory of the future

SYSPRO Smarter ERP

Of course, robotics does not tell the full story, as the world of manufacturing has evolved even further over the last few decades, with the rise of data and smart, autonomous systems. Take for example the implementation for an ERP system. The aim of this technological advance was to simply augment and enhance human ability.

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Autoliv’s Supply Chain Risk Management Journey

Logistics Viewpoints

The main take aways from the presentation earlier this year were the following: The auto industry has made supply chain risk management a priority since the Fukushima nuclear disaster in 2011. Can you give me a concrete example of how your risk management solution detected a threat and came to the rescue? Soon we will do more training.

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Supplier Risk Management: 4 Things To Look Out for During On-Site Evaluations

GlobalTranz

For example, the Cerasis Rater, our mutli -carrier rating TMS , allows our shippers to choose which carrier is best for their specific shipment from one portal and then create the bill-of-lading along with other features. Top carriers will have dedicated classroom space, a well thought-out training course, and experienced instructors.

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What Can Logisticians Learn from Emergency Room Doctors - The idea of "Thin Slicing"

10xLogistics

Back in 2011 I had actually wrote about the idea of control towers and said I was a big fan - as you can see my ideas and thoughts are "maturing". In an example of the Cook County (Chicago) emergency room he talked about the idea of "thin slicing". Let's follow his example of the emergency room.

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Here’s Why Image of Manufacturing as Boring, Dirty, and Tedious is Drastically Changing

GlobalTranz

Path , a 2011 report, initiated by the National Association of Manufacturers, found a qualified worker shortage of 67 percent across the industry. For example, the Hirschvogel Automotive Group launched a program to teach students the art and skill set of working as a machinist in a die and punch shop . According to Dr. Bill R.