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As part of MHI view's ongoing video program, this new episode focuses on MHI NextGen Supply Chain Update: Prescriptive Analytics & Big Data.
In its 2018 Annual Industry Report, MHI identified 11 emerging technologies that have the potential to disrupt the supply chain. The MHI Digital, Always-On Supply Chain Update series takes an in-depth look at the most relevant topics and case studies from the report. Sixty-three percent of respondents replied that they intend to adopt predictive analytics within the next five years. But in five years, predicting future trends may no longer be enough to stay competitive.
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. Click here to save or bookmark today! For information about advertising, contact Rob Shafer at rshafer@naylor.com. MHI, in collaboration with Deloitte Consulting LLP, is conducting a survey about the future of supply chains, but there is limited time left to participate! The objective of this survey is to develop leading insights on the impact of emerging innovation in supply chains and what companies can do to remain competitive in a rapidly evolving marketplace. As an added incentive, indicate in question 1A whether you are interested in being enrolled in a lucky draw to win an Apple Watch Series 4. We appreciate your time and input! Technology and Innovation
SupplyChain247—Artificial intelligence and machine learning as technology enablers can help address the challenges facing end to end planning today. Many organizations are starting to pilot and experiment with AI/ML across their planning organization – often in point solution mode such as using ML for predictive demand forecasting or using RPA to automate mundane workflow tasks.
Supply Chain Trends
Material Handling & Logistics—The stakes are higher than ever for e-commerce businesses that rely on Cyber Monday for a large portion of their Q4 sales. A recent DHL survey reveals some of the top concerns and challenges for businesses on this high-sales day that, in 2017, saw record-breaking action in the United States, with $6.59 billion in transactions in one day.
Logistics Viewpoints—How can supply chain planning and execution systems evolve to allow prescriptive suggestions for resolving near real time problems? In other words, how can we build a self-driving supply chain? And how do we make use of machine learning to make sure the system gets better and better over time? It is not a simple question.
Manufacturing
Modern Materials Handling—The intersection of e-commerce activity and last mile logistics with growing consumer expectations for same-day delivery has led to increased need for e-commerce distribution operations located closer to consumers in populous urban areas. That serves as the thesis for a recent report issued by Chicago-based commercial real estate firm JLL, entitled “Urban Infill: the route to delivery solutions.”
Transportation
Transport Topics—With donations to help those affected by the recent California wildfires arriving from around the country, trucking fleets are bracing to help deliver supplies for relief efforts.
Workforce
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
Supply Chain Dive—The return of inflation is making it difficult for companies to keep their supply chain costs in check, according to an analysis from Bain & Company.
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