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Product recalls owing to faulty batches of products, defective parts, contaminated batches and other defects hurt just about every manufacturing sector and cause often massive losses. Not only does the recall process cost companies big bucks, it impacts the brand credibility amongst consumers. According to the Grocery Manufacturers Association in the US, the financial impact […]
There is a lot of buzz around the Internet of Things these days. For those who are not familiar with “Internet of Things”, it is essentially a system of interconnected devices (things) with unique identifiers that can communicate with each other over the internet. However, when most people refer to the Internet of Things, the […]