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Collaboration and Data Key to Timber Industry

Logistics Business Magazine

Collaboration between different sector organisations is increasingly important to achieving shared targets for the timber industry, according to John Dye, President of the Timber Packaging & Pallet Confederation (TIMCON). Boulton presented latest UK market industry trends, including timber imports, demand, and forecasts.

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Effective Supplier Collaboration Is Critical

Logistics Viewpoints

McKinsey, the global consulting firm, has done research and writing on supply chain collaboration. In some industries, suppliers account for over 80 percent of the value of the products that are produced. Companies with close collaboration with suppliers outperform their peers.

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Editor’s Choice: AI in Supply Chains: Which Data is ‘Just Right’ for Your Business?

Logistics Viewpoints

Data is the lifeblood of AI in the supply chain. Without sufficient data, AI models can’t uncover meaningful patterns, make accurate predictions, or provide valuable insights for informed decision-making in complex and dynamic environments. At the same time, feeding your AI models too much data can also be a problem.

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Unlocking Digital Efficiency in Logistics – Data Standards and Integration

Freightos

One of the key themes that emerged was the growing importance of data standards and integrations. But the volume of available digitalized data, and the number of tools, solutions and platforms that supply chain stakeholders are using (juggling?) The rate of tech adoption in logistics continues to grow.

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How Data Analytics Can Solve the Challenges Faced by SC Leaders in Discrete Manufacturing

From consumer electronics to automotive manufacturing, most of the global economy’s largest industries rely on some form of discrete manufacturing. Manufacturers in these industries face several unique challenges: Labor and material shortages halting production. Inconsistent data on safety stock levels.

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Industrie 4.0 Breakthrough: Networks of Flexible Plants

Logistics Viewpoints

This July 2024, we published a report that tracks the progress that has been made in implementing the key features of Industrie 4.0, both in the process and discrete industries. Development, Implementation, and Vertical Integration of Flexible and Reconfigurable Manufacturing Systems The vision of Industrie 4.0

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The Impact of 5G on the Logistics Industry: Advancing Connectivity and Efficiency

Logistics Viewpoints

5G is playing an increasingly significant role in logistics, where data transfer speed and security are crucial. Supply chains can now handle larger amounts of data in real time, allowing for quicker decision-making. As 5G networks continue to expand, these changes will become even more widespread in the logistics industry.