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Showing posts with the label Supplier Consolidation Solution

You Should Be Taking Advantage of Industry 4.0: Here’s Why

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  You may have heard the term Industry 4.0 bandied about in the media about factories and production lines like yours. You’re wondering how it affects your processes and whether you can take advantage of it to improve your productivity. At Bossard, we can help. What is Industry 4.0? Industry 4.0 stands for the next trend in the manufacturing industry. The first industrial revolution or Industry 1.0 happened in the 18th century when waterpower improved mechanical production. Then came Industry 2.0, which relied on electrical machines and the division of labor. Industry 3.0, which is where we are today, automates production with IT and electronics. We’re now heading into Industry 4.0 . The Industry 4.0 definition consists of smart factories with automated production and smart technologies that exchange data among devices. This trend includes the Industrial Internet of Things, cloud computing, artificial intelligence, sophisticated sensors, and advanced robotics. Like the ones ...

How to Reduce Costs with Supplier Consolidation Solution

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  As part of its Smart Factory Logistics, Bossard has developed the Supplier Consolidation Solution to cut process costs. This strategy manages supplies by doing the following:  Streamlining suppliers by merging existing B- and C-part suppliers into one supplier base.  Coordinating information and material flow.  Encouraging access to ARIMS analytics for examining, managing, and improving your supply chain. Letting one person manage the process and act as a single point of contact.  This simplifies administration and increases visibility and control. With the help of our experts, you can implement this to manage your inventory whether you use Smart Factory Logistics to manage supplies or as an order trigger system.  How We Manage Your Inventory  The Supplier Consolidation Solution takes care of your inventory needs as follows:  Kanban work and scheduling systems track current levels of stock to replenish orders as needed either automatically or ...