In the annals of predictions that don’t come true, TV meteorologists hold the top spot, followed by political pollsters and the cover of Sports Illustrated. Rounding out the top five are the long string of technology pundits who confidently predicted that supply chain RFID tracking would conquer and re-shape the global logistics industry.
In the world of supply chains, visibility is key. Visibility means you can deliver what you promised, when you promised, and react quickly when delays or accidents occur. In the past, supply chain visibility was limited by fundamental technological constraints, but today, three key advances are enabling new levels of risk reduction and operational efficiency.
Many supply chain managers spend their days tracking down shipment schedules, interfacing with logistics partners, and monitoring shipments one at a time. The last thing a busy supply chain manager needs is more complexity. That’s why we’ve developed our new shipments workflow to provide all the benefits of real-time tracking while integrating seamlessly with existing supply chain management processes, enabling managers to plan, track, and analyze shipments all in one place.
"We must not seek to optimize every resource in the system. A system of local optimums is not an optimum system at all." That’s what Jonah, the cigar-puffing sage of the famous Lean Manufacturing how-to novel, The Goal, tells Alex Rogo, a plant manager trying to reduce inventory.
On the heels of Amazon's acquisition of Whole Foods Market and ever-mounting e-tailer competition, retail giant Walmart just announced it will be implementing strict penalties for suppliers who fail to meet rigorous delivery standards. Starting August 1st, suppliers must achieve 75% On-Time In-Full (OTIF) deliveries or be subject to fines up to 3% of the shipment's value. By next February, Walmart will insist on 95% compliance.
It's no surprise that tech is changing supply chain, but it is a bit surprising how far apart the worlds of tech and supply chain can be. When we attend tech events, there's lots of talk of IOT backbones and new LPWAN formats that are replacing LTE, but when we hang out with supply chain people the talk is of problems with the MRP system and new EDP regulations and what the difference is between WMS and WES. As proof of my point, I'll bet that many of you reading this understood only the first part of my previous sentence, and many understood only the second part. (If you understood both please email me, we're hiring people like you.)
In 1903, a wireless transmission station built by Guglielmo Marconi in South Wellfleet, Massachusetts was used to send the world’s first wireless transatlantic telegram: it was a simple greeting from Theodore Roosevelt to King Edward VII of the UK, and it laid the foundation for a century of innovation in wireless communication.
The Massachusetts Technology Leadership Council recently released a report (download it here) on the Internet of Things (IoT) that contained some interesting historical perspective on a fairly modern topic. Tive is located in Boston so I'm a bit biased toward Massachusetts, but even I was surprised by how big a role the Boston area has played in the development of IoT.
Tive offers a variety of user-configured alerts - temperature, shock, humidity - and we're excited to announce that as of today we also support location-based alerts.
Last week I had the fortune to attend an event hosted by a large private equity firm focusing on the Industrial Internet of Things (IIoT). This was a private event so I'm not going to name any names, but the attendees included at least four CEOs of publicly traded companies, senior executives at some of the largest companies in America, and a handful of technology providers (yes, that's how I got in).
I'm excited to announce that Tive recently closed a seed round to help us grow faster and bring our solution to more customers.
While most of the companies we work with are large manufacturing or shipping companies, occasionally we work with a smaller organization. We thought we’d highlight one of our customers, OffGridBox, who uses Tive in an unusual way for a really unique and worthwhile purpose. I recently interviewed Davide Bonsignore, COO of OffGridBox.
I recently attended ProMat, the biennial tradeshow for the material handling and distribution industry. It’s quite a show - more than 35,000 people attend to see exhibits from almost 1,000 companies. This marked the 10 year anniversary of the first time I attended ProMat in 2007, and I thought I’d reflect on some of the changes I observed.
Depending on who you ask, Tive is either an asset tracking company or a supply chain visibility company, or something in between. Both of those terms have a bit of baggage, so we thought we’d take this blog post to help each of them unpack their bags and sort through their belongings.
One question we hear a lot at Tive is, “how is your sensor solution different from X?”. We thought we’d provide a quick overview of the types of sensors companies are using in the supply chain, with some historical context. We’re going to focus just on sensors in this piece, not to minimize the importance of the software solution that turns raw data into something useful for managers.
Last week I had the pleasure of attending Hannover Fair, one of the largest trade shows in the world. Even more exciting than just being at the show, I was there with our partner Nokia as they shared their vision of how a real-time view of their supply chain will change their operations.
We love sharing customer stories - here’s one that happened recently.
One of the most-used features of the Tive shipment tracking solution is the ability to set configurable alerts. In this post we’ll talk about setting temperature alerts, which are especially important for our cold chain customers.
We're excited to share our brand-new blog. As our first post, I’d like to give some background on the company and why we’ve started this blog. As you probably already know, Tive is a startup focused on helping companies see their supply chains in a more comprehensive way.
In the annals of predictions that don’t come true, TV meteorologists hold the top spot, followed by political pollsters and the cover of Sports Illustrated. Rounding out the top five are the long...
In the world of supply chains, visibility is key. Visibility means you can deliver what you promised, when you promised, and react quickly when delays or accidents occur. In the past, supply chain...
Many supply chain managers spend their days tracking down shipment schedules, interfacing with logistics partners, and monitoring shipments one at a time. The last thing a busy supply chain...