Although the Internet of Things (IoT) is a relatively nascent concept for many businesses today, 19% of organizations surveyed by ESG report already having IoT initiatives underway, with an additional ...

When Toyota initially created the just-in-time (JIT) approach to inventories, its factories and those of its suppliers were located near each other. Their proximity eliminated “wastes” like transit ...

Effective inventory management is among the clearest measures of a business’s success — and one of the biggest challenges that supply chain teams face. The pandemic served as a stark reminder of how ...