ABC Analysis A Practice for Inventory Management

Infographic | December 13, 2019

AI enables organization to optimize product availability by decreasing out of stocks and spoilage. AI can also help with getting a better understanding of sales patterns. L’Oreal uses AI algorithms to predict demand based on a wide variety of data gathered from social media, weather, and financial markets. AI enables organizations to expediate product development and R&D by reducing the test times and driving more concrete insights from customer data and demands.

Infographic | February 4, 2022

Warehouse Inventory Management is the receiving, storing, and tracking of products in a warehouse; managing warehouse staff; and optimizing storage space and costs.

Infographic | March 29, 2022

In 2021, JBS, a meat production company, was attacked by the Russian hacker REvil, who demanded $11 million to restore the system fully, TSMC, one Taiwan's largest manufacturers, suffered a cyber attack that caused $170 million in losses.

Infographic | March 8, 2022

Predictive maintenance is a strategy that employs data analysis tools and procedures to identify anomalies in your operation and potential equipment. It also addresses process problems before they cause failure.

Infographic | March 1, 2022

According to the 2021 Global Threat Intelligence Report (GTIR), the manufacturing industry moved from the 8th most targeted sector by cyber attackers to number 2. 30% Attacks come from employees or other personnel with access to the company. (Bitlyft)

Infographic | November 23, 2021

Analysts at Beroe predict that the worldwide electronics manufacturing market is expected to reach $575.69 billion by 2022. High-tech applications are one of the reasons for this surge in electronics manufacturing. Manufacturing technology trends help the industry stand out in terms of product delivery and quality.