manufacturing

AI Explained: Computer Vision
AI Explained: Computer Vision
May 28, 2024  |  artificial intelligence

Picture this: a world where cars drive themselves, shopping is as simple as grabbing and going, and medical diagnoses are made with superhuman precision. This...

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SAP Debuts New AI Offerings for Supply Chains
SAP Debuts New AI Offerings for Supply Chains
April 22, 2024  |  artificial intelligence

Enterprise application software company SAP has introduced artificial intelligence (AI) advances for its supply chain solutions. According to a Monday (April 22) news release, SAP said these...

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ADP: Job Switchers See 10% Jump in Wages
ADP: Job Switchers See 10% Jump in Wages
April 03, 2024  |  Economy

ADP’s latest employment report shows a jump in raises for people switching jobs. While year-over-year pay increases last month for people who stayed at their...

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Manufacturing Activity Climbs After 16-Month Contraction
Manufacturing Activity Climbs After 16-Month Contraction
April 01, 2024  |  Economy

Manufacturing activity in the United States rose in March for the first time in more than a year. The Institute for Supply Management’s monthly report on business,...

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AI and Robotics Power Auto Sector’s Smart Manufacturing Drive
AI and Robotics Power Auto Sector’s Smart Manufacturing Drive
March 12, 2024  |  Artificial Intelligence

Traditional manufacturing processes often suffer from inefficiencies, delays and limited visibility into operations. However, with the integration of artificial intelligence (AI) tools, Internet of Things...

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Real-Time Payments Set to Replace Checks, ACH in the Manufacturing Industry
Real-Time Payments Set to Replace Checks, ACH in the Manufacturing Industry
December 14, 2023  |  Real-Time Payments

The manufacturing industry is on the verge of a major transformation in payment practices, PYMNTS Intelligence revealed. The report “Corporate Changes in Payment Practices: Manufacturing...

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Is B2B Ready for a Real-Time Payments Overhaul?
Is B2B Ready for a Real-Time Payments Overhaul?
December 13, 2023  |  B2B Payments

Real-time payments have the potential, and the promise, to overhaul all corners of commerce. The recent introduction of the FedNow® System is only the latest...

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Manufacturers Favor Digital Giants Over Banks to Deliver Real-Time Payments
Manufacturers Favor Digital Giants Over Banks to Deliver Real-Time Payments
December 07, 2023  |  Faster Payments

The manufacturing sector is undergoing a significant transformation in its payment practices, with a growing emphasis on real-time payments. In fact, instant payments have emerged...

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Nearly 9 in 10 Manufacturers See Real-Time Payments a 2024 Priority
Nearly 9 in 10 Manufacturers See Real-Time Payments a 2024 Priority
November 22, 2023  |  Faster Payments

Real-time B2B payments are transforming industries in which the number of payment transactions is very high — such as the manufacturing sector. According to a...

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