Remove Business logistics Remove Document Remove Industry
article thumbnail

Why OCR-Only Supply Chain Automation Fails

RPA Labs

Today, industrial automation is rapidly making the “Jetsons” cartoon a reality. Supply Chain Dive reported, “Annual installations of industrial robots will jump from 450,000 a year in 2015 to 600,000 in 2022.” Optical character recognition (OCR) is automation software designed to convert digital document images into editable text.

article thumbnail

Penske Logistics to Sponsor and Speak at Leading Supply Chain Conference, CSCMP EDGE

Penske Move Ahead

CSCMP State of Logistics Report, session is on September 17. Kearney and presented by Penske Logistics, made its debut earlier this year in Washington, D.C. Amid a booming economy, United States Business Logistics Costs (USBLC) rose 11.4% The report, created by A.T. to reach $1.64 trillion, or 8% of 2018’s $20.5

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Freight Forwarder vs Freight Broker—What’s the Difference?

FW Logsitcs

Freight forwarders and freight brokers are each vital in the logistics industry. Each year, businesses move approximately $106.2 Both forwarders and brokers help arrange the logistics of cargo, but they do so by different methods and serve different niches in the freight industry. How FW Logistics Helps .

article thumbnail

Logistics Unleashed: Unveiling the Most Pivotal Events that Shaped its Development

Logistics at MPEPS at UPV

The Hanseatic League introduced concepts such as consignment, just-in-time delivery, and customs documentation. They laid the groundwork for modern practices in maritime logistics and established vital trade routes throughout Europe. Business Logistics Management. References: Ballou, R. Prentice Hall. Cengage Learning.

Events 52
article thumbnail

Penske Logistics to Sponsor and Speak at Leading Supply Chain Conference, CSCMP EDGE

Penske Move Ahead

CSCMP State of Logistics Report, session is on September 17 The report, created by A.T. Kearney and presented by Penske Logistics, made its debut earlier this year in Washington, D.C. Amid a booming economy, United States Business Logistics Costs (USBLC) rose 11.4% to reach $1.64 trillion, or 8% of 2018's $20.5