Nationally, 37% of small business owners predict growth for the next three months, the highest figure since the pandemic started more than two-years ago. The new quarterly data from Novuna Business Finance also reveals that the percentage of small businesses predicting contraction has also hit a two-year low (falling to just 7%).
Manufacturing, Logistics and Supply Chain articles
Manufacturing and Supply Chain IT articles comprising case studies, product information, opinion articles, reports, new contract wins, product launches, opinion from the trade associations, government departments, research analysts, the vendor community. These articles are about specific industry IT solutions and topics relating to how improvements and efficiency gains can be made by the use of information technology within supply chain applications. All topics are covered in these articles which include ERP/MRP, Manufacturing Software, Advanced Planning, Demand Forecasting, Supply Chain Management, Warehouse Management Software, Automatic Identification/Datacapture, Voice-Directed Warehousing, Printing & Labelling, Transport Management, Asset Management Software and Mobile Computing.
Homebase achieves 20% reduction in stock loss with the SmartWater Group
May 10, 2022
Homebase, the home and garden experts, is the latest name to team-up with the SmartWater Group to enhance the protection of valuable stock items and reduce theft in store. It is set to introduce forensic marking in more stores across the UK following a 20% reduction in stock loss, and subsequently a sales increase of 10%, across a number of branches in high crime areas.
New multimodal terminal linking Romania’s industrial heartland to key European and Asian trade hubs announced by DP World
May 10, 2022
DP World has announced plans to open an inland terminal and logistics hub in Decea near the city of Aiud in the north-east of Romania.
Supply chain crisis pushes industrial take up to 13 year high
May 10, 2022
Industrial take up in the Eastern M25 market reached its highest since the boom years of 2007/08 last year, with a total of 8.8m sq ft of lettings. Activity was boosted by the continuous needs of companies to improve and rationalise their logistics networks in response to global supply shortages and rising transportation costs.
Locked Out: UK workers are wasting over 200 million hours each year on password admin
May 10, 2022
To coincide with World Password Day, a new study has estimated that the UK’s collective workforce wastes 224 million hours entering, re-entering and changing their password each year, with the average employee spending seven hours per year completing the long-drawn-out process of typing a secret jumble of letters into their devices.
Technology unlocking the future for retail
May 10, 2022
By Andy Wilkins, co-founder and CEO of Futr, an AI solution working with numerous retailers.
When we look at the future of retail, we might think about drone deliveries, virtual personal shopping or hyper-realistic virtual shopping experiences.
Telit and Gibson Engineering bring state-of-the-art Technology to ports across the globe to increase productivity
May 10, 2022
Telit, a global enabler of the Internet of Things (IoT), and its partner, Gibson Engineering, are bringing state-of-the-art technology to shipping ports used by many of the most modern industrial companies across the globe to increase productivity.
A new report has revealed the industries most at risk of fraud – Manufacturing is the 8th most at risk
May 10, 2022
Research, conducted by SEON, reviewed the Association of Certified Fraud Examiner’s Report to the Nations and compared the figures to the report 4 years prior, to identify which industries have suffered the largest increase in fraud.
Logistics Information Technology News (LogisticsIT.com)
Logistics information technology (LIT) is the use of information technology (IT) to improve the efficiency and effectiveness of logistics operations. LIT encompasses a wide range of technologies, including:
- Barcoding and electronic data interchange (EDI): These technologies are used to automate the exchange of data between different parts of the supply chain.
- Warehouse management systems (WMS): These systems are used to track inventory levels, manage orders, and optimize the flow of goods in and out of warehouses.
- Transportation management systems (TMS): These systems are used to plan and track shipments, manage carriers, and optimize routes.
- Fleet management systems (FMS): These systems are used to track and monitor vehicles, manage fuel consumption, and improve driver safety.
- Geospatial technologies: These technologies are used to track the location of goods in real time and optimize delivery routes.
- Artificial intelligence (AI): AI is being used in logistics to automate tasks, improve decision-making, and optimize operations.
LIT can help logistics organizations to improve their performance in a number of ways, including:
- Increased efficiency: LIT can help to automate tasks, streamline processes, and improve communication between different parts of the supply chain. This can lead to significant reductions in costs and improved efficiency.
- Improved visibility: LIT can help to track the location of goods in real time and provide visibility into the entire supply chain. This can help to identify and resolve problems more quickly and improve customer satisfaction.
- Enhanced decision-making: LIT can help to provide decision-makers with real-time data and insights. This can help them to make better decisions about things like inventory levels, shipping routes, and pricing.
