The Biggest Challenge to AI Adoption

by   |    |   6 minutes  |  in Business Technology, Manufacturing, Strategy, Supply Chain, Transform Your Business

In my last blog i talked about the use of artificial intelligence to help process manufacturers uncover the holy grail – accurate forecasting. In this blog i will explain why we might be the barrier to that happening. In my last blog I talked about how artificial intelligence might help manufacturers discover the holy grail…

Read more

by   |    |   3 minutes  |  in Business Agility, Business Technology, Creativity & Innovation, Manufacturing, Supply Chain, Transform Your Business

Drive strategic work to attain the right contracts and organize operational work becoming as efficient as possible. There are general expectations and there are unique expectations for specific industries and organizations. Purchasing can play a pivotal role in delivering bottom line results, nurturing relationships and providing access to important partners. IFS can help organizations across…

Read more

by   |    |   4 minutes  |  in Manufacturing, Supply Chain

In a couple of previous blog posts we have looked at the ideas of DDMRP and examined the five steps of the planning process. The intention with this blog post is to discuss how DDMRP relates to other planning solutions, how they can co-exist and how DDMRP differentiate itself from other well-known concepts. DDMRP has…

Read more

by   |    |   8 minutes  |  in Manufacturing, Supply Chain

In my last blog post we took a look at DDMRP as a concept and the ideas behind it. In this blog we will examine the five steps that define DDMRP. Not all parts are buffered, most parts will still be planned with ordinary MRP logic also when DDMRP is used. The following is not…

Read more

by   |    |   4 minutes  |  in Manufacturing, Supply Chain

MRP was invented in the fifties, computerized in the sixties and later became the dominating planning principle in the manufacturing industry. Today you find an MRP calculation being part of any ERP system available on the market. As the years have gone by since MRP was introduced have seen a shift from an era with…

Read more

The rise of servitization and the industry’s “what’s next"

by   |    |   12 minutes  |  in Business Technology, Creativity & Innovation, Events, Service Management, Supply Chain, Transform Your Business

Live blog coverage from the IFS World Conference 2018 break-out session, “The rise of servitization and the industry’s ‘what’s next’.” Nowhere in the world is safe from disruption, as out host city Atlanta found out during the civil war, when it was burnt to the ground. The morning keynote of our second day concentrated on the disruptions…

Read more

In 2018 retailers will look to innovative store concepts, Blockchain and supply chain transformation

by   |    |   6 minutes  |  in Business Agility, Business Technology, Creativity & Innovation, Research, Retail, Strategy, Supply Chain

Digital is everywhere in retail today. The threat from more agile, internet-based companies continues to drive traditional players to try innovative new approaches. Over the next year, we will see innovative in-store education centers, more “endless aisles” concepts and Blockchain for sustainability at the top of the retailers´ agendas. These are the 2018 retail industry trends…

Read more

Internet of Things (IoT)

by   |    |   3 minutes  |  in Asset Intensive, Business Technology, Creativity & Innovation, Digital Transformation, Manufacturing, Research, Service Management, Supply Chain

According to a primary research study of 200 IoT decision makers with industrial companies, about 85 percent of them collect data from sensors on their equipment or equipment they install at customer sites. Industrial companies may be further along with the Internet of Things (IoT) than most other companies because they have, since the 1970s,…

Read more