Asset tracking in supply chains is undergoing many changes that promise to deliver new benefits. Traditional asset tracking technologies like barcode and RFID ID are being supplemented or replaced with IOT enabled tracking methodologies. These new Internet of Things (IoT) devices can provide real-time tracking, as well as information on the condition of items in the field or in transit. Specifically, tracking tags and sensors can provide real-time location data about goods in transit or sitting in a warehouse. Additionally, some sensors can collect temperature and pressure data, or whether packaging is damaged. Unfortunately, many companies that use such sensors...

The past few years have seen growing adoption of predictive analytics within the supply chain, but maintenance, repair and operations may not be the right place just yet.

A computerized maintenance management system, or CMMS, enables businesses, maintenance firms and teams to achieve complete control over their maintenance processes and tasks. From a centralized interface, users can efficiently maximize all their equipment and facilities as well as manage their assets and other resources. They can efficiently schedule and perform preventive maintenance activities. The READYAsset software suite minimizes operational, production and operational downtime by monitoring machines in real-time with expert systems and A.I. based rules that can accurately predict pending failures and automatically trigger the best preventative actions. CMMS software allows maintenance teams to closely track and comprehensively document...