Management

Distribution Industry's Top Concerns and Challenges Heading into 2025
Management Distribution Industry's Top Concerns and Challenges Heading into 2025

The article from Mike Hockett, published on January 24, 2025, delves into the primary concerns troubling distribution executives as they face the year ahead. Conducted as part of the 4Q24 Baird-MDM Industrial Distribution Survey in early January, the survey targeted about 400 executives, primarily

AI Transforming Supply Chain by 2025: Enhanced Efficiency and Innovation
Management AI Transforming Supply Chain by 2025: Enhanced Efficiency and Innovation

As artificial intelligence (AI) continues to evolve, its potential to revolutionize various aspects of supply chain management by 2025 is becoming increasingly evident. The integration of AI in areas such as logistics, technology, warehousing, and industry-specific applications is expected to bring

Reducing Unplanned Downtime With Predictive Maintenance Strategies
Management Reducing Unplanned Downtime With Predictive Maintenance Strategies

In the industrial and manufacturing sectors, unplanned downtime represents one of the most persistent and costly challenges facing companies today, disrupting operations and causing significant financial losses. The widespread impact of unplanned downtime affects numerous industries, including oil

Can AI and ML Revolutionize Predictive Maintenance in Offshore Operations?
Management Can AI and ML Revolutionize Predictive Maintenance in Offshore Operations?

The continuous operation of offshore rotating equipment in the oil and natural gas industry is critical for maintaining production efficiency and minimizing expenses. Traditional maintenance approaches, such as reactive and time-based methods, often fall short in addressing the unique challenges of

Can Microhub Zones Revolutionize NYC's Freight Delivery System?
Management Can Microhub Zones Revolutionize NYC's Freight Delivery System?

New York City is taking a bold step to address the challenges posed by its current freight delivery system. The city's Department of Transportation (NYC DOT) has announced a three-year pilot program to introduce "microhub" delivery zones. This initiative aims to reduce congestion,

Enhancing Supply Chain Security and Resilience Amid Global Challenges
Management Enhancing Supply Chain Security and Resilience Amid Global Challenges

Global supply chains have been scrutinized intensely since the disruptions caused by the COVID-19 pandemic in 2020. The pandemic, evolving cybersecurity threats, and heightened global competition have brought supply chain vulnerabilities to the forefront of national security discussions. This

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