Automation represents the future of warehouse operations. With these best practices in your automation planning, you can achieve operational gains that directly impact your organization’s bottom-line and allow you to forge stronger connections with partners on both sides of the supply chain.
To gauge whether a deployment is successful, establish KPIs to measure how the business, the customer, and downstream suppliers are affected. Ideally, the KPIs you identify should quantify outcomes and demonstrate that none of the three stakeholders (business, customer, and downstream suppliers) experiences a negative impact.
5G is the fifth generation in mobile networks and enables connections between machines, objects and devices that are faster and more powerful than previous networks. 5G has a low latency, drastically reducing response times and offers higher capacities in terms of bandwidth. The technology allows users to communicate more information or data at once, and in a quicker amount of time.
In these times, operating a smart warehouse is as essential for business continuity as is having a secure work from home (WFH) environment for employees. Even as disruptive events continue to unfold – to which coming generations will surely analyze and discuss - it’s evident that not being digital in an increasing digital world could prove disadvantageous for businesses functioning without modern technology.
The pharmaceutical industry is in a continuous state of change and constant scrutiny from health insurers, consumers, and the government, who require greater transparency and accountability. In recent times, industry challenges have been numerous as global health fears and economic regression due to the Covid-19 pandemic have taken center stage. Pharmaceutical companies are grappling with unfolding challenges arising from supply chain disruption and the need to change business processes. As the impacts of Covid-19 continue to unfold, pharma companies need to respond accordingly in order to recover, compete, and even thrive, depending on their current situation.
As the U.S. and over 180 countries worldwide shut down due to SARS-CoV-2, the fast-spreading virus strain that causes COVID-19, many businesses were forced to immediately shift into survival mode, as a “non-essential” workforce in certain states either went on unemployment or, adopted to working from home (WFH). The arrival and fast spread of Covid-19 and the subsequent national shutdown hit our nation and the world in ways not seen in generations. The role of technology during this crisis will be studied substantially in the future and, no doubt, the technological leap caused by the COVID-19 pandemic will likely make 2020 the year that changed the trajectory of technological tools used for business, such as cloud computing, e-commerce, mobile, and remote work.
2019 ended with soaring jobs growth and a strong finish on Wallstreet. Stocks were up, unemployment was down. Momentum was surging for many American workers and businesses alike, and U.S. growth was projected at a moderate pace. Even as reports of a mysterious virus circulating in Wuhan, China, reached our news outlets in January-February, few foresaw how coming events would very quickly define 2020 and, make history.