ERP Systems Struggle with Iot Data in Digital Transformation

ERP Systems Struggle with Iot Data in Digital Transformation

IFS research indicates that organizations embracing IoT are more likely to actively drive digital transformation. However, many companies haven't fully leveraged the potential of IoT, or their ERP systems are inadequate for handling IoT data. To fully capitalize on the benefits of IoT, businesses need to upgrade their ERP systems, enhance data analytics capabilities, optimize business processes, and foster a culture of innovation. This includes improving data processing speed and accuracy to gain actionable insights from the vast amounts of data generated by IoT devices, ultimately leading to better decision-making and improved operational efficiency.

Retailers Seek White House Help in Dockworker Talks to Avoid Supply Chain Disruptions

Retailers Seek White House Help in Dockworker Talks to Avoid Supply Chain Disruptions

The National Retail Federation (NRF) is urging the White House to intervene in labor negotiations between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) to avert a potential port strike that could disrupt the US economy and supply chain. This analysis examines the background of the labor dispute, the NRF's mediation efforts, the White House's potential role, the potential impact of a strike, and the positions of all parties involved. It also proposes strategies for mitigating the impact of a strike and building a more resilient supply chain.

Guide to Customs Clearance and Incoterms for Doortodoor Shipping

Guide to Customs Clearance and Incoterms for Doortodoor Shipping

This article provides an in-depth analysis of the concept of "Door-to-Door with Customs Clearance" in international trade, contrasting it with "Door-to-Port" services. It details the processes for both sea and air freight Door-to-Door with Customs Clearance. Furthermore, it clarifies the meaning of "Door-to-Door with Customs Clearance and Taxes Paid" and related DDP Incoterms. The aim is to provide readers with a comprehensive understanding of this convenient logistics method, enabling them to make more informed decisions in cross-border trade.