MHIsolutionsmag.com—A variety of factors are converging to bolster the ROI for automation. Beyond the present and future state of the workforce, the ever-increasing technological sophistication, and the growing understanding that supply chain operations must be faster, more efficient, more accurate and more transparent than ever, there’s this sizable "direct-to-consumer" shift. Demand has moved from handling larger pallets and cases to smaller and more frequent orders or "eaches" and automation makes this shift much easier to manage.
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MHI Blog—Thank you for attending MODEX 2018 in Atlanta. We hope you were able to take advantage of the show’s many learning opportunities. In case you missed it, the MODEX 2018 education and keynote sessions are now available as webinars online. Access over 100 recordings tailored to your specific business needs. You can view them at modexshow.com/seminars.
In the 2018 MHI Annual Industry Report, MHI and Deloitte identified 11 NextGen technologies that have the potential to disrupt supply chains. This video is the first of a four-part NextGen Supply Chain Update series that will take an in-depth look at the most relevant topics and case studies from the 2018 report.
In the report, cyber security was identified as one of top barriers to NextGen supply chain innovation adoption. Blockchain is also highlighted, not only for its potential to address cyber security threats but also for its unique ability to establish trust and transparency in supply chains.
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MHI Blog—There’s research to suggest that factory workers support the shift to digital.Intel, a company unsurprisingly leading the way into Industrial Internet of Things (IIoT), understands that its model may not transfer well to the broader supply chain industry. But rather than shrugging and doing their own thing, they wanted to know why. So they did research.
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The Wall Street Journal—Freight railroads are capitalizing on a historically tight trucking market as companies move more shipments from highways to rails.
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Modern Materials Handling— The ongoing impact of e-commerce related to logistics costs in the United States continues to head up rapidly, due to a variety of factors, according to a new report issued by supply chain consultancy Armstrong & Associates.
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Supply Chain Management Review—Even for businesses without vast resources at their disposal, building a digitized supply chain can deliver significant ROI.
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SupplyChainBrain—Supply chain control towers can offer significant benefits to companies by extending visibility and control beyond the enterprise, and enabling advanced analytics, real-time collaboration, and sophisticated optimization. However, many control towers do not reach their full potential as they are built on antiquated foundations.
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Logistics Management—Total first quarter intermodal volume movements-at 4,547,247-were up 7.2% annually, which was ahead of the fourth quarter’s 5.8% annual spread and the third quarter’s 6.3% difference.
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CSCMP’s Supply Chain Quarterly— An annual survey from The Hackett Group found that two-thirds of procurement organizations have a digital strategy in place, up from one-third in 2017.
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USA Today—A severe shortage of truckers is pushing up freight costs and, in turn, nudging up retail prices.The crunch also is affecting corporate profits because of the higher transportation costs and manufacturers because of the delays in receiving raw materials.
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The Wall Street Journal—According to ship analyst Drewry, demand to ship fresh food across the oceans is twice as high as it is for other products. Refrigerated containers known as "reefers" have helped with this demand, as they can keep food fresh for more than a month.
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The Drum—Alibaba has launched a blockchain technology initiative to protect product authenticity and improve its supply chain integrity. The initiative will incorporate standards and controls including product tagging with unique QR codes and blockchain technology in a bid to authenticate, verify, record and provide ongoing reporting of products throughout the shipping process.
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Global Trade—There is widespread fear that robots and AI will take jobs and throw millions of people into poverty. Researchers and industry experts are exploring this fear, in addition to theorizing on a variety of other predictions, in order to prepare for whatever the future holds.
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Transport Topics—In a ruling that could change the workplace status of people across the state, the California Supreme Court made it harder April 30 for employers to classify their workers as independent contractors. The unanimous decision has implications for the growing gig economy, such as Uber, Lyft and other app-driven services — but it could extend to nearly every employment sector.
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MHI’s new Career Forum enables manufacturing and supply chain professionals to view current job postings of MHI member companies. Go to http://www.mhi.org/careers to find the perfect opportunity for you.
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Reuters—Carmakers have big plans for their next generation of factories: smarter designs, artificial intelligence and collaborative robots building a wide range of vehicles on the same line.The plants will also feature a component they say is the secret ingredient to flexible manufacturing: humans.
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