Supply Chain
Top stories summarized by our editors
4/20/2018

Back Market now offers refurbished electronics in the US. "Our conviction is that the refurbishers are going to be more and more considered by the public as the manufacturers of tomorrow," says Chief Marketing Officer Vianney Vaute.

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VentureBeat
4/20/2018

Quality data management is central to all industrial internet of things functions, and machine builders must include data solutions in the design process, writes Sciemetric executive Derek Kuhn. "The most efficient and cost-effective way to deliver on these requirements is to seek out a proven, common standard solution and incorporate it into the build," he writes.

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Machine Design
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Derek Kuhn, Sciemetric
4/20/2018

Small and midsized manufacturers can borrow the same omnichannel principles used by retailers and B2B merchants to improve inventory management and other tasks, writes Gavin Davidson of Oracle NetSuite. Such a system, which he calls an omnichain, "is based on a single cloud-based environment to align and orchestrate all supply chain processes, wherever they occur."

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EBN
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omnichannel commerce
4/20/2018

The industrial internet of things can be difficult to implement without the proper infrastructure and investment, with security and worker training among the problem areas, writes Jack Simmer.

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Smart Industry
4/20/2018

Digital twins excel at accurately predicting potential failures, saving companies money by avoiding downtime and maximizing efficiency and yield, writes Channels, Progress executive Seth Page. Repairing an asset after it has failed costs 50% more than correcting the problem beforehand, Page notes.

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Supply Chain Dive
4/20/2018

Manufacturers can ensure they're in compliance with various standards for electronics design by conducting accurate tests and testing electromagnetic compatibility before compliance testing. Manufacturers should also understand certification labels, writes Megan Ray Nichols.

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IMPO magazine
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Megan Ray Nichols
4/20/2018

The National Institute of Standards and Technology revised its Cybersecurity Framework to provide improved resources and guidance in protecting the digital supply chain for US companies. These updated recommendations aim to reduce foreign espionage efforts.

4/20/2018

Alibaba has signed an agreement to create a smart digital hub in Thailand, though founder Jack Ma says it's not aiming to occupy the country or take jobs. The hub aims to support Thailand's entrepreneurs and will focus on research and development as the competition between online retailers in the region continues to grow.

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Alibaba, Thailand, Jack Ma
4/19/2018

Mike Larkin joined Winsupply in 1977 and has sponsored eight locations in Kentucky, brought his two sons into the company and become area leader for the Southeast region. "If you are willing to put the work in and willing to invest your own hard-earned money, you are given the opportunity to do what I was looking for: control your own fate and destiny," he says.

4/19/2018

Bunzl reported a 14% year-over-year increase in group revenue at constant exchange rates in its first quarter. James McCool will succeed Bunzl North America CEO Patrick Larmon after Larmon retires on Dec. 31.

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RTT News
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Bunzl