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New Issue of MHI Solutions Available! Cybersecurity in Supply Chains

MHISolutionsmag.com—Emerging technologies such as IIoT, robotics and artificial intelligence provide exciting opportunities for supply chains. They also mean an exponential growth in the amount of data these supply chains generate. When properly utilized, this data can provide crucial information to improve efficiency, reduce costs, enhance transparency and customer service. But it comes with risk.

The more digitized a supply chain becomes, the more it is at risk of cyberattack. Hackers are constantly finding new ways create data breaches they can exploit. The reality that most supply chains require third-party suppliers down the chain only heightens this threat. No matter the scale of your supply chain, it is essential to have solid cybersecurity processes in place to manage and mitigate the growing risk of cyberattack.

That’s what this issue of MHI Solutions is all about, from cybersecurity threats in an IIoT world to dark data to the human factor in cybersecurity to blockchain as a potential solution.

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MHI Updates

2018 Executive Summit: Don Bossi

MHI Blog—At the 2018 Executive Summit, an exclusive, senior-level, one day event for manufacturing and supply chain executive leadership that focuses on the NextGen technology, leading trends and enterprise-level best practices explored in the 2018 MHI Annual Industry Report, we’ll be hearing from Don Bossi – president of FIRST (For Inspiration & Recognition of Science & Technology).

Bookmark MHIsolutionsmag.com to gain quick access to any and all MHI media and news information. MHI Solutions magazine holds all issues of MHI Solutions and Newswire and Industry News eNewsletters, MHI’s Twitter, Facebook and Linkedin social media accounts as well as links to membership information, events, MHI view and the learning center.

It’s easy to find a topic you’re looking for with our drop down menu of categories: Current Features, Industry Trends, Global Trends, Technology, Sustainability, Human Resources, Education, Economic Market Update, and Solutions Spotlight.

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MHI Video — Decentralized Control in Automated Storage

As part of MHI view's ongoing video program, this episode focuses on Decentralized Control in Automated Storage.

The supply chain industry continues to use cutting edge technology such as AI and robotics to improve efficiency and the bottom line. Recent research in decentralized control automated storage and retrieval systems is proving to be cost-effective as well as having a wide variety of potential applications within the supply chain industry.

Technology and Innovation

Webinar: The Hard and Soft Benefits of Owning AGVs

You're invited to attend The Hard and Soft Benefits of Owning AGVs presented by Automatic Guided Vehicle Systems (AGVS), Sept. 20 at 2 p.m. EDT. This webinar will outline the benefits of AGVs, including sample ROI formulas, and also discuss soft benefits not often used in ROI calculations. The result will be a better understanding of how AGVs can be a powerful cost-effective automation tool. Presenters include: Jayesh Mehta of Transbotics, and Thomas Kaminski of Dematic.

Supply & Demand Chain Executive—Tradeshift CEO claims that blockchain technology isn't proven to support global supply chains, citing the flow of goods and integrity concerns as two of the top reasons.

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Supply Chain Trends

Bill to Address Trafficking in Seafood Supply Chain Introduced in U.S.

Maritime Executive—The “Human Trafficking and IUU Fishing Act” (H.R.6834) was introduced by U.S. Congresswoman Madeleine Z. Bordallo (D-Guam) on Monday. The bill addresses the growing prevalence of human trafficking, forced labor and human rights abuses within the global seafood supply chain.

Modern Materials Handling—The American Logistics Aid Network continues to receive requests for – and offers of – warehousing and logistics services to support hurricane response.

Forbes—Few industries or business functions are experiencing as much disruption as logistics, supply chain and transportation. In fact, according to a recent Forbes Insights survey of more than 400 senior transportation-focused executives, 65 percent say tectonic shifts in these areas are driving an era of profound transformation.

Manufacturing

Is This the End of Multi-Echelon Inventory Optimization?

SupplyChain247—In today’s connected commerce world, consumers are demanding more convenient fulfillment options and as the shopper experiences get more complex, there is a need to profitably optimize inventory management for omnichannel.

Digital Transformation is more than just another buzz term, it’s a critical movement that companies must embrace to survive. But all too often companies become paralyzed under the weight of determining where to start their transformation journey. Here’s our suggestion. Start with SALES.

Learn more!

Transportation

Florence's Heavy Rain Triggers Road, Track and Port Closures

CSCMP’s Supply Chain Quarterly—Freight delays are almost inevitable in flood situations, and the rains brought in by Hurricane Florence caused just such an event. The floods caused a 60-mile stretch of I95 to close and many carriers are struggling with a lack of information related to the storm’s damage and its effects on area transportation.

Education & Professional Development

Propel Your Career Forward at the 2nd Annual Women In Industry Event

MHI Blog—MHI and MHEDA invite you to unleash your power and begin your journey to personal and professional success at the 2nd Annual Women in Supply Chain Conference, November 8, 2018 at the Hilton Rosemont in Chicago. Register today.

Workforce

Holiday Hiring Time Has Arrived for the Transportation and Logistics Sector

Logistics Management—The time for holiday hiring has arrived, with three of the biggest households in the freight transportation and logistics sectors-UPS, FedEx and XPO Logistics, each making announcements to that effect over the last few days.

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.

Global Trade

NAFTA Deadline Looms, but Canada Resists Pressure for Quick Deal

National Post—Canada faces another U.S.-imposed deadline this week to conclude high-intensity NAFTA negotiations. However, according to one analyst, “The deal will take as long as the deal takes, whether it takes till the end of the month or the end of the year.”

National Public Radio— Hours after President Trump announced tariffs on $200 billion in Chinese goods, China responded with its own levies on $60 billion worth of U.S. products. Chinese state television on Tuesday reported that the government has decided to impose tariffs of 5 percent to 10 percent on $60 billion worth of U.S. products, starting on Monday. The tariffs will apply to 5,207 items.