Digitalisation

Mouser Electronics & STMicroelectronics explore wireless connectivity

Mouser Electronics announces a new eBook in collaboration with STMicroelectronics, offering an in-depth look at wireless connectivity. The plethora of new and pre-existing connected Internet of Things (IoT) and Industrial Internet of Things (IIoT) devices, gateways, and sensors require that wireless technology be dependable and compatible with many wireless protocols. This need will only grow

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Digitalisation News

Luminovo partners with Zollner to revolutionise electronics supply chains

Zollner Elektronik has selected Luminovo, a quoting, procurement, and collaboration software for the electronics supply chain, as a core partner for its digitalisation strategy. The additional time capacity gained would be used to focus on the diverse needs of its customers. The two companies would build on their collaboration that led to the launch of

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Digitalisation Industry Insights

Impact of IoT and Industry 4.0 on electronic component demand in industrial markets

Author: Paige West, Editor, Procurement Pro The advent of the Internet of Things (IoT) and Industry 4.0 has revolutionised the industrial landscape, heralding an era of connectivity and automation. These technological paradigms have significantly influenced the demand for electronic components, especially sensors, connectivity modules, and smart controllers. Procurement Pro’s Paige West looks at how these

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Digitalisation

Mouser explores the world of 5G with technical resource centre

Mouser Electronics provides engineers with insightful and trusted resources in its 5G content hub. Mouser’s technical resource centre offers knowledge about the expansion of the reliable low-latency network. This global wireless standard offers increased bandwidth, enabling devices to connect from further distances at faster speeds, as well as enhancing machine-to-machine contact for a connected future.

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Digitalisation

Why Haven’t You Automated Accounts Payable Yet?

Accounts Payable handles so much more than just paying incoming bills and invoices, particularly given today’s unrelenting global challenges. Manual Payment is Out When payments are manual, it goes like this: Receive a paper invoice Manually enter or scan invoice Manually route invoice to designated staff for approval Send payment Manually record payment for records

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Digitalisation

EDI, Punchout, and API—What’s the Difference, and Why is Each Important?

It wasn’t that long ago that far too many processes involving sharing data, accessing products, and connecting within the supply chain were performed manually. When we dissect the use of Electronic Data Interchange (EDI), Punchout, and API, we see that this connection, access, and communication, has dramatically evolved. Here’s a look at how, where each

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Digitalisation

ERP and SCM is all About Risk

Increasingly, businesses are discovering the internal benefits of Enterprise Resource Planning (ERP) to manage business data, maximize systems and working processes while gaining substantial operational efficiency. Externally, Supply Chain Management (SCM) enables businesses to better interact with various suppliers and partners and access the raw materials and resources necessary to bring their products to market.

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Digitalisation

Machine Learning Already Optimizes Supply Chains

Doesn’t it seem that on some level machine learning is still “out there,” somewhere in the future like quantum computing? AI-based applications, machine-learning being one of them, are flooding in and supply chain is a beneficiary. Given the vast amounts of complex data supply chains create, machine learning is adept at analyzing the information, enhancing

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Digitalisation

Why You Should Invest in a Procure-to-Pay System

Procure-to-Pay, aka “Purchase to Pay,” “Req to Check,” “Order to Cash,” and P2P refers to “a seamless process enabled by technology designed to speed up the process from point of order to payment,” according to the Chartered Institute of Purchase and Supply (CIPS). The typical procure-to-pay (P2P) cycle includes the following steps: Most P2P systems

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Digitalisation

3 Keys to Every Digital Supply Chain [In Order to Overcome Volatility and Uncertainty]

How do you drive better supply chain operations? The answers lie within the digital supply chain. The potential of digital trends on the supply chain gets professionals excited but also heightens confusion. According to a 2017 Gartner survey of 318 supply chain organizations worldwide, 75% reported concerns about the governance of digital projects. Yet corporate

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