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Latest Updates
Can you believe it's the final day of MODEX? There's still time for more learning and networking. The expo floor will be open from 9 a.m. to 1 p.m. — if you missed any exhibitors, now's the time to check out their innovative products. And, don't miss the final on-floor seminars, happening between 9:30 and 11:45 a.m. If you missed any of the daily e-newsletters or are looking for a quick way to find information you read in an issue, here's the MODEX 2024 e-newsletter archive. And, make plans for next year! ProMat 2025 will be March 17-20 in Chicago and is the top show where the supply chain industry converges to see the latest equipment and tech, connect with key suppliers, and make strategic capital equipment decisions for their future operations. Hope to see you there! Conference News
The video from the third day of MODEX 2024 has been posted! Check out highlights from another eventful day at MODEX. Click here to watch the video. The 2024 MHI Annual Industry Report has been released. Titled, “The Collaborative Supply Chain – Tech-Driven and Human-Centric,” the report is the 11th in a series of annual industry reports published by MHI and Deloitte, and provides updates on the innovative technologies that have the most potential to transform supply chains. According to the report, 55% of supply chain leaders are increasing their supply chain technology and innovation investments, with 88% saying they are planning to spend over $1 million. Forty-two percent plan to spend over $10 million. This investment includes solutions for improved supply chain resiliency and transparency, as well as solutions for the ongoing workforce shortage. The report includes new insights into trends and technologies that are transforming supply chains and the priorities of the people who run them. To read the full findings, download the report here.
Keynotes, Sessions & Seminars
Wednesday afternoon’s keynote gave highlights of the Annual Industry Report, titled “The Collaborative Supply Chain: Tech Driven and Human-Centric.” This survey was compiled from input from 1,700 manufacturing and supply chain industry leaders. The keynote opened with high-level findings from the report, led by John Paxton, MHI CEO. Top supply chain challenges that the report uncovered include rising prices, the talent shortage, customer demands, insight into customer behavior, and supply chain disruptions/shortages. Then, Wanda Johnson of Deloitte led the panel, including:
The panel discussed the report findings, specifically focusing on generative AI, supply chain resilience and the implementation of new technology. Takeaways from the panel:
Click here to download the report. On Wednesday morning, Nick Saban, legendary Alabama football coach, delivered a keynote with inspirational advice on facilitating a winning culture and developing talent. The conversation was led by Mitch McConnell of AGiLE Business Media. Saban, who led Alabama to seven national championships and 10 SEC titles, knows something about winning. He frequently gets asked what it takes to win, and his answer is always the same: have a gameplan, hire a good staff, prepare and have a solid system in place. But the most important thing is to ask yourself what kind of culture you'd like to build. Saban said in order to create a winning culture, you need the following: 1. Everyone has to have the same goals and aspirations for what you’d like to accomplish. At Alabama, he'd ask players what their goals were and if they knew what it would take to achieve those goals, later checking on their progress, which encouraged self-assessment. Saban said that in order to achieve goals, you need to have self-discipline, prioritize daily tasks and focus on their completion. Saban said, “It takes what it takes, and there are no shortcuts – there will be pain either way, either the pain of discipline or the pain of disappointment.” First, define the principles and values of the organization, and once those have been established, the team needs to trust in the value of those principles and values, and also trust each other. Saban said that if you let high achievers and mediocre people coexist in your organization, you’ll never succeed. He said, “Get the right people on the bus, get the wrong people off the bus, and get everyone in the right seat.” 2. Your entire team has to be consistently positive about what you’re trying to accomplish. Instill positive energy by making a practice of saying, “Glad to be here,” on a daily basis. That positivity makes you focus on opportunity instead of negativity. Positive energy and attitude go a long way. Best of MODEX Daily
The winners of the 2024 MHI Innovation Award were announced yesterday at Industry Night. After receiving 192 submissions, 12 finalists were chosen, three in each category (Best New Innovation, Best Innovation of an Existing Product, Best IT Innovation and Best Innovation in Sustainability) based on concept, value and impact. The 2024 winners are: Best New Innovation Best Innovation in Sustainability The MHI Innovation Award serves to educate and provide valuable insights on the latest manufacturing and supply chain products and services. MODEX 2024 exhibitors were called to submit a new product, product line, technology or service, or new application of existing products or technology that create quantifiable and sustainable results in terms of ROI, cost savings, customer satisfaction, etc. Click here for a full list of 2024 MHI Innovation Award submissions. At yesterday's Industry Night, Gig and Take was named the winner of the first-ever MODEX 2024 StartUp Pitch. In this competition, three finalists competed for a cash prize. The companies had 8 minutes to present their supply chain solution, followed by a Q&A session. Paccurate and Two Boxes were also finalists. Congratulations, Gig and Take! Daily Schedule
At this year's MODEX, you’ll find 1,200 of the world’s leading manufacturing and supply chain solution providers, as well as hands-on demonstrations and over 200 educational seminars. The following are key events for Thursday. SHOW FLOOR HOURS: All halls: 9 a.m. – 1 p.m. ON-FLOOR EDUCATION SEMINARS: Starting at 9:30 a.m. Click here to view the full list of Thurday's educational sessions. To view sessions by tracks, click here.
MODEX Insights
Complimentary shuttle buses will run between Georgia World Congress Center and all designated MODEX 2024 show hotels every day of the show. Bus schedules will be posted in each show hotel and at Georgia World Congress Center. Shuttles will not operate for hotels within walking distance. Wi-Fi is offered complimentary throughout MODEX. No password is required. Spread the word about MODEX online and access show information, view posts from show management, other attendees and exhibitors, and have a chance to win giveaway prizes!
Make plans now to attend next year's ProMat, happening in Chicago on March 17-20. This is the show where the industry’s key decision-makers come together to source manufacturing and supply chain solutions. From hands‑on product demonstrations to one-on-one meetings, ProMat 2025 is where the supply chain industry converges to see the latest equipment and tech, connect with key suppliers, and make strategic capital equipment decisions for their future operations. There is no cost to attend the exhibits and conference sessions. Register today for free admission. PHOTO: SONGQUAN DENG/BIGSTOCK Are you still exploring Atlanta? If you're still looking for attractions, here are some resources that could help:
PHOTO BY VENTI VIEWS ON UNSPLASH Videos & Sponsors
Each day at MODEX 2024, a video crew will be interviewing keynotes, talking to exhibitors, getting feedback from attendees and sharing their view of the action. The videos will be emailed out daily, or you can access the MHIview MODEX 2024 channel to catch up on what you missed or to see the latest clips. Networking
In Q2, the feature Fast Track Fulfillment discusses the middle mile of logistics, which is an area ripe for performance enhancements that modern automation can yield. To read this article, as well as articles on other industry topics, click here.
Want to learn more about MHI Solutions magazine or MHI? Visit MHISolutionsmag.com, access the online media guide, or reach out to:
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