MHI Industry News
   
Hawker Powersource, Inc.
   
Top Story
  
Visibility is at the forefront of the recently published MHI Solutions magazine. From automation to advanced analytics, the articles in this Q3 issue dissect how companies can build more transparency into their operations.
Meet Cimcorp at MODEX 2024
Cimcorp®
Discover how to save costs and time by retrofitting existing facilities with automation. Evade the expensive, lengthy, and resource-intensive process of constructing new buildings while making a meaningful impact on your sustainability efforts and strengthening your current distribution center network for future growth. Cimcorp is your strategic partner for end to end automation. Ensure dedicated time with our team by booking a meeting with us at MODEX 2024!
 
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MHI Updates
  
Gartner has released its list of the top 25 supply chains in 2023. The list showcases companies that have excelled in customer service, innovation and sustainability.  Gartner stated about the selected supply chains: “They don’t just push products; they understand customer value, invest in demand management and promote innovation against ESG.” Two MHI members can be found on this year’s list.
  
Warehousing, logistics and distribution professionals can turn to WERC’s 2023 DC Measures Report and online benchmarking tool for operational metrics that warehouses and DCs can use to measure their performance and make data-driven decisions for improvement. 
MHI’s MODEX has made Trade Show Executive’s Gold List of 100 honorees, reflecting the growth of the exhibition in 2022. Featuring more than 1,000 exhibitors and covering 1.2 million gross square feet, MODEX 2024 will also highlight the continued innovation of the supply chain industry. This expo, held March 11-14 at the Georgia World Congress Center in Atlanta, will display the full spectrum of supply chain and logistics solutions.
   
Pflow Industries, Inc.
      
FOX IV Technologies, Inc.
   
Technology and Innovation
  
While warehouse managers everywhere are considering what it will cost to automate their warehouses, the question they should be asking is, what is the cost of NOT automating? In today’s landscape, the numbers speak loudly. 
Innovation is becoming a key competitive battleground for supply chains, and customer-driven innovation offers a valuable way to develop fresh ideas. To help generate an innovation spark, we’ve identified three key steps to get your team started.
Faster, Safer, Easier Material Handling
TAWI ®
From moving boxes and bags to container unloading, TAWI offers smart solutions for material handling. Whether you manage a distribution center or a mid-stream manufacturing process; material handling challenges exist everywhere. Commonly these include concerns of ergonomics, efficiency, and employee enablement. TAWI’s innovative vacuum lifting technologies remove the need for strength, allowing anyone to handle product, faster, safer, and easier from inbound freight to outbound order picking.
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Education & Professional Development
 
Attendees of WERC’s 46th Annual Conference in June explored how to seize growth opportunities amidst a period of rapid transformation in the warehousing, distribution and fulfillment industry. The event will be held again from June 2-5, 2024 in Dallas, Texas.
   
InCord
      
Signode Industrial Group LLC
   
Leadership
  
With the shift to hybrid work and the immense competition for talent, today’s leaders need to foster different qualities than those of past generations. MHI is committed to helping build future leaders who will thrive in the swiftly evolving landscape through our MHI Leadership Program. This unique program gives you access to to mentors, coaches and a network of peers who are also emerging leaders in the supply chain industry. 
Introducing fit PACK 500 Right-sized Packaging System
Tension Corporation®
With capabilities to adjust package length, width and height, the fitPACK 500 can create a package according to product dimensions, yielding smaller, right-sized packages that lead to lower shipping costs. Click to learn more on why fitPACK 500 is the perfect fit for your order fulfillment operations.
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Supply Chain Trends
  
The past three years have seen unprecedented changes in supply chains. The 2023 MHI Annual Industry Report, “The Responsible Supply Chain: Transparency, Sustainability, and the Case for Business,” highlights the transition of these investments to drive not only resilience and transparency but also sustainability. 
The global cold chain packaging market size is expected to grow at a CAGR (compound annual growth rate) of 9.81% between 2023 and 2029. Of course, this growth won’t come pain-free. Like the rest of the supply chain industry, the cold chain will have to embrace digital technologies to successfully scale up and keep product safe. 
Supply chain technology investment is growing as it enables firms with more resilient, transparent and data-driven operations that are providing a key competitive advantage. These responsible supply chains react in real time to changing conditions—this requires actionable data, automation and automated decision-making. 
Barcoding is a natural choice when inventory starts to grow for a business because with all-manual processes, order cycle time becomes much too long and it becomes much too easy to pick and ship the wrong product. 
   
Generix Group
      
NORD Gear Corporation
   
Global Trade
  
Mexico’s exports to the United States are on the upswing, highlighting the increasing popularity of nearshoring. According to Bloomberg.com: “Total Mexican exports rose 5.8% from a year earlier in May to $52.9 billion, the second-highest reading on record.” Many companies are strategically adopted nearshoring, believing that locating products closer to end markets can fortify their supply chains.