Industrial goods companies are under pressure. Along with continuing their digital transformations to modernize and operating more sustainably to address climate issues, they face a raft of workforce issues. Employee expectations shifted because of the pandemic. At the same time, people’s interest in...
Goods are referred to as anything from raw materials, merchandise, finished products to raw materials. They are classified into different categories including; soft goods that are not durable like clothing, consumer goods that are purchased for household use, hard goods like appliances, and durab...
Pharmaceutical products are goods controlled by the state, and are involved in various fields of society, e.g., they function as tools for public health; the WHO formulates its policies for them; NGOs carry out support activities in relation to them; they constitute the key in economic and...
That’s why short-range wireless communication technologies like Wi-Fi and Bluetooth have been widely adopted in the manufacturing industry in the past few years. However, they’re not suitable for scenarios that are sensitive to packet loss, data silos, and security risks. 5G is t...
The classic example of whyWhat business are we in?is important is the railroad industry. What happened to the power and reach of these industrial and economic giants of the 19th and early 20th century? Why did they lose out to other businesses that had far less money and resources? The si...
What Are the Successful Applications of the Industrial Internet? The Industrial Internet has been extended to 40 national economic categories, involving manufacturing fields such as raw materials, equipment, consumer goods, and electronics, as well as key industries such as mining, electric power, and...
Digital products are goods that exist in a digital format. These include ebooks, music, digital art, software, online courses, and virtual goods sold inside video games. They're typically delivered to customers via download or email, and offer businesses a way to provide value without holding ...
It is estimated that up to seven types1 of packaging material go into a single parcel: tape, cardboard boxes, styrofoam padding, and bubble wrap are some common examples that protect goods during transport. Before a parcel arrives safely at the consumer’s door, it has already left a trail...
Digital products are goods that exist in a digital format. These include ebooks, music, digital art, software, online courses, and virtual goods sold inside video games. They're typically delivered to customers via download or email, and offer businesses a way to provide value without holding ...
products, which can be MTO or MTS. Because it requires a unique setup and sequencing of process steps, specific production areas are used instead of assembly lines—for example, a machine shop that makes custom parts for other manufacturers of industrial machinery, aircraft, or high-tech ...