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MHI Updates
As part of MHI view's ongoing video program, this new episode focuses on How ECMA Enables Our Modern Supply Chain.
The modern supply chain is powered by an array of technological innovations. Electrification and control devices are the common denominator. For more than 90% of MHI member companies, operations would not be possible without these technologies. ECMA members are the industry's leading manufacturers of electrification and controlling devices and supply solutions to virtually every major manufacturing and distribution sector worldwide.
MHI Blog—You are invited to a free web based supply chain workshop in preparation for the Shaken Fury 2019 national disaster exercise hosted by the American Logistics Aid Network, MIT’s Humanitarian Supply Chain Lab, and LIFT Nonprofit Logistics. The workshop will be Thursday, May 16, 2019, at 2 p.m. (EST). Technology and Innovation
Supply & Demand Chain Executive—Blockchain continues to be a buzz word among the industry as companies continue to invest in the technology. However, Gartner predicts that by 2023, 90 percent of blockchain-based supply chain initiatives will slow down because of lacking results.
Supply Chain Trends
Supply Chain Dive—In the beauty industry, where trying on is crucial to the experience, retailers must have the right supply chain operations in place to manage orders and returns. Supply Chain Management Review—The Monitor Institute by Deloitte recently released a first-of-its-kind report evaluating the current state and future horizon for tools to enable ethical supply chains. “Responsible Supply Chain Tools: Understanding the Market Opportunity” estimates that the market size could optimistically grow to between $889 million and $2.7 billion over the next five years. Manufacturing
MHI Blog—The vast majority of industrial steel storage rack systems—including pallet flow (or “gravity flow”) racks—are engineered specifically for a single storage purpose. When designing a high-density pallet flow system, there are a number of variables that must be taken into account to ensure its safety, structural integrity and smooth operation. Material Handling & Logistics—When it comes to choosing a fuel for forklifts, propane prevails. According to data from the Propane Education & Research Council, more than 90% of Class 4 and 5 operators are using forklifts powered by propane for a variety of reasons. Here are four facts about propane-fueled forklifts to consider if considering going this route.
Transportation
Supply & Demand Chain Executive—Tesla's electric semi-trucks were supposed to begin production in 2019, but after posting $700 million in losses during the first quarter, the company has delayed production until 2020. Education & Professional Development
SupplyChain247—The University of Tennessee (UT), Knoxville’s Haslam College of Business is recruiting students to its new online Master of Science in Supply Chain Management program. The degree is delivered with Noodle Partners and is the first of 10 online programs UT plans to launch. The first cohort is set to begin in Fall 2019. Workforce
ThomasNet—As the industrial sphere becomes increasingly automated, employment in the transportation sector will take a big hit. A recent report from Goldman Sachs Economic Research predicted that self-driving technology could cost America’s professional drivers up to 25,000 jobs a month, or 300,000 jobs a year.
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