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.
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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!
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.
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.
CSCMP’s Supply Chain Quarterly—Transparent policies and proactive updates positively influence consumer perception and brand loyalty, according to a Narvar study, "The State of Returns: What Today's Shoppers Expect," of 1,300 online shoppers. Narvar, a supply chain software company, reported that the majority of consumers surveyed said clear communication often trumps convenience when it comes to returns and the ease of the returns process is a key driver of brand loyalty.
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.
EBN—Supply chain and logistics companies are increasingly seeing the value in moving to an inbound marketing strategy driven by original content. Here are six notable trends to consider when planning your 2019 content marketing strategy.
MHI Blog—There are plenty of forklift types and features to choose from for your business. Having a bit of upfront insight and knowledge on the common types of forklifts can go a long way in helping you pick the most ideal forklift to maximize productivity. Selecting the right lift truck for your company is all about finding the best forklift for your application. Below are many of the factors business owners must consider when choosing the right forklift for the job.
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.”
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.
Supply & Demand Chain Executive—A high school trucking program in Patterson, Calif., addresses the issues that the industry currently faces. Patterson High School launched the high school trucking program last year, and just welcomed its first female truck driving student.
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.
EBN—Electronics manufacturers and their transportation providers are using a range of strategies and data-driven tools to improve the way they manage emissions across the supply chain.
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.
Supply & Demand Chain Executive—New LLamasoft survey finds that nearly half of manufacturers are considering alternate suppliers and are concerned about increased operational costs thanks to taxes and duties.