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Technology Payoffs: The ROI for AI, IoT and Advanced Analytics

MHISolutionsmag.com—While the supply chain industry has been traditionally hesitant to embrace new technologies, the promise of significant returns on investments in Internet of Things (IoT) and predictive analysis have many companies gravitating toward these advancements.

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MHI Updates

MHI Video — Common Misconceptions about AGVs

As part of MHI view's ongoing video program, this new episode focuses on Common Misconceptions about AGVs.

AGVs have quickly become leaders in the movement to Intralogistics 4.0. They are the ideal solution to supplement your human workforce and relocate employees to safer, more rewarding tasks. Unfortunately due to common misconceptions, many operators believe that AGVs aren’t a fit for their facility.

Figure Out Your Automatic Guided Vehicle ROI

MHI Blog—Calculating the return on investment (ROI) of an Automatic Guided Vehicle (AGV) system can be accomplished in a number of ways, so it's important to take the correct approach for your circumstances to get the most precise estimate.

As part of MHI view's ongoing video program, this new episode focuses on Elevate Your Supply Chain Digital Consciousness with the 2019 MHI Annual Industry Report.

In April 2019, MHI will release the 6th edition of its Annual Industry Report. Compiling responses from thousands of manufacturing and supply chain professionals, this year’s report has a special focus on artificial intelligence and digital supply chains.

MHI Solutions Website, www.mhisolutionsmag.com: One-Stop Shop for MHI Media

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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Technology and Innovation

Blockchain Standard Approved to Create Supply Chain Efficiency

Material Handling & Logistics—The Blockchain in Transport Alliance (BiTA) has approved its first official standard to help standardize tracking and visibility, the 2019 Location Component Specification.

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Supply Chain Trends

Half of Hospitals Manage Supply Chain Data Manually

Supply & Demand Chain Executive—Health care industry analytics firm Syft has released a report showing that nearly 50 percent of hospitals are manually processing supply chain data instead of investing in technology to assist in the task.

Modern Materials Handling—Convey, Inc.'s recent study showed that e-commerce customer experience and supply chain teams are not aligned when it comes to the approaches, resources and methods for realizing their goals.

SupplyChain247—Untethering Warehouse Management Systems (WMS) from physical locations to online utilities by moving to a cloud-based solution offers greater accessiblity, efficiency and control.

Manufacturing

Manufacturing Rate of Growth Drops Slightly in February

EBN—After a month of growth in January, manufacturers slid back in February, with new orders, production and employment decreasing and PMI dropping by 2.4 percentage points, according to the Institute for Supply Management (ISM).

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.

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Transportation

Will Shipper-Carrier Tension Melt Away in Favor of Collaboration?

Supply Chain Drive—Shippers and carriers disagreed on a number of points during sessions at the recent TPM 2019 conference in Long Beach, Calif. The parties might be best served finding common ground ahead of impending International Maritime Organization regulations.

Education & Professional Development

Supply Chain and Logistics Degree Programs Are Becoming Increasingly Popular

ThomasNet—In line with demand for more qualified and technologically proficient employees, more and more colleges are offering courses and degrees in supply chain studies and logistics.

Workforce

Manufacturers and Supply Chain Managers Face Same Daunting Task: Building a Sales Workforce

Supply Chain Management Review—Baby boomers are retiring and leaving the positions they once held vacant, and the manufacturing and supply chain industries are not exempt to the effects of this mass exodus of qualified workers.

Sustainability

Six Steps to a More Ethical and Sustainable Supply Chain

SupplyChainBrain—These six supply chain strategies will help companies appeal to a new generation of conscientious and informed consumers.

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.