Machine Learning to Improve Production Planning: A Tougher Problem

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By Steve Banker, contributor

Machine learning has been successfully applied to demand planning, but leading suppliers of supply chain planning are beginning to work on using machine learning to improve production planning. But architecturally and culturally, this is a much tougher problem than machine learning applied to demand planning.

In the $2 billion-plus supply chain planning market, ARC Advisory Group’s latest market study shows production planning as being a critical application SCP solution representing over 25% of

Robotics Drives Automation; A New Study Finds That Robotics and Automation Boost Business Process Transformation

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By Samuel Greengard

Automation is always a moving target. In the 1980s, process improvements centered on e-mail, spreadsheets and word processing. By the mid ‘90s, the web and enterprise software—including ERP systems—had moved into the mainstream. Then in the 2000s came mobility and the cloud. Suffice it to say: The business world has witnessed spectacular gains in efficiency.

Now, the next phase of digital automation is about to take shape. It centers on robotics. Although various machines

UC Berkeley Center Launches Unique Lean Research Healthcare Collaborative

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UC Berkeley’s Center for Lean Engagement and Research in Healthcare (CLEAR) today announced its collaboration with seven leading American and Canadian hospitals and healthcare systems to launch a three-year initiative to accelerate participants’ transformational performance improvement goals using lean philosophy, principles and tools. Participants in the collaborative share a common interest in assessing how the lean system can enhance performance and reduce waste to create greater value for patients.

The participating hospitals and healthcare systems include:

Carolinas

FDA Bans Products From Korean Company That Handled Manufacturing Over the Phone

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Another South Korean drug company has run afoul of the U.S. Food and Drug Administration (FDA) after inspectors determined it had no quality checks in place and was handling manufacturing decisions with its contractor by phone.

The FDA has already banned all products from OTC drugmaker Seindni Co. and last week slapped the Seoul, South Korea, drug company with a warning letter.

The steps were taken after an inspection found the company, which has been shipping over-the-counter

Gartner Says By 2020, Artificial Intelligence Will Create More Jobs Than It Eliminates

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2020 will be a pivotal year in AI-related employment dynamics, according to Gartner, Inc., as artificial intelligence (AI) will become a positive job motivator.

The number of jobs affected by AI will vary by industry; through 2019, healthcare, the public sector and education will see continuously growing job demand while manufacturing will be hit the hardest. Starting in 2020, AI-related job creation will cross into positive territory, reaching two million net-new jobs in 2025.

“Many significant innovations

Sanofi Recalls Arthritis Injection That Is Tied to Microbial Contamination

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By Eric Palmer

Sanofi is recalling a lot of its injected gel for treating arthritis in knees in the United States which has tested positive for microbial contamination and been linked to some adverse events.

Sanofi has initiated a U.S. recall of a lot of its injected gel for treating arthritis in knees which has tested positive for microbial contamination and been linked to some adverse events.

Sanofi spokeswoman Ashleigh Koss confirmed today that the company is voluntarily

Newly Discovered Volkswagen Touareg Emissions Device Sparks Recall

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Almost 58,000 cars with the 3.0-liter diesel engine are affected.

Volkswagen is recalling Touareg SUVs fitted with its 3.0-liter diesel engine following the discovery of an emissions cheat device.

More than two years after Volkswagen admitted to developing software to elude emissions test limits, the company is recalling 57,600 affected cars to adjust their engine management software.

Autocar is awaiting confirmation from Volkswagen as to how many UK cars are affected.

Germany’s transport authority, KBA, said that tests show

2018 Is Primed For Blockchain, Big Data and Cloud Computing Advancements, All With a Better Security Plan

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Health IT is in a very fluid state and evolving quickly. Hospital executives and technology professionals no doubt have their hands full keeping up with technological advances, security events and much more.

Following are six health IT predictions for 2018 from various experts in the field that can help C-suite executives and other health IT pros stay on top of the latest trends and developments moving into the new year.

Blockchain-based EHR systems emerge

Although significant efforts have

Supply Chain Trends to Watch In 2018

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By Steve Banker, contributor

There are several key supply chain trends to watch in 2018: Can retailers improve margins on omnichannel? Will tariffs be imposed on China or Mexico? Will labor shortages spread from trucking to warehousing? And will hot new technologies reach maturity?

There are several key supply chain trends to watch in 2018.

Omnichannel revenue management

The retail supply chain has been going through a massive transformation. Traditional brick and mortar retailers seek to leverage their stores

Will Blockchain Remake the Enterprise?

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By Arthur Cole

To say that blockchain has the potential to be disruptive is probably the understatement of the year.

Blockchain is steadily gaining buzzworthy status in the enterprise, but not just as a financial tool. As a means to implement trusted digital ledgers, the technology has the potential to remake the way we exchange information of all types, even if we don’t know exactly who or where it comes from.

Naturally, this may seem unsettling to some,