MHISolutionsmag.com—The cost of global parcel delivery, excluding pickup, line-haul and sorting, is more than $78.5 billion, with last mile delivery costs reaching or exceeding 50% of the total, according to a McKinsey & Company report. The growth of parcel deliveries will continue to increase, with volumes doubling by 2026, and business-to-consumer (B2C) deliveries increasing from 40% to 50% of the total. So, how are supply chains worldwide coming up with innovative solutions to address the environmental, financial and logistical aspects of parcel delivery?
Companies are now turning to robotics and other automated technologies to meet customer demands. Updating facilities with new equipment used to involve purchasing and installing systems to see if they worked in your operation. Now companies are able to see and evaluate their options using digital modelling and virtual commissioning.
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MIT Technology Review—Over the past year, generative algorithms have become so good at synthesizing media that what they produce could soon become indistinguishable from reality. Experts are now racing to find better methods for detecting these so-called deepfakes, especially with the 2020 US presidential election approaching. Recently, Google released 3,000 AI-generated videos that were made using various publicly available algorithms as part of its effort to accelerate the development of deepfake detection tools.
Yahoo—The Hyperloop system, which will be capable of traveling at up to 670 mph, will be a reality soon in India. Virgin Hyperloop One's plans are calling for groundbreaking at the end of 2020 for this futuristic mode of transportation that would put passengers in pods that would magnetically levitate and travel through vacuum tubes across states, or even countries.
Inbound Logistics—Amazon's network, increasing reverse logistics volumes, and tariffs are the issues that will define the supply chain for the remainder of 2019.
SupplyChain247—According to Armstrong & Associates, 86% of Fortune 500 Companies are outsourcing to 3PLs, up 7%. Why? Outsourcing supply chain management allows you to focus on providing your customer with the best service and high-quality products.
Material Handling & Logistics—A push for automation and connected devices, along with consumer demand for faster product delivery are two factors driving growth in the North American market for batteries, charging and exchange systems for material handling equipment, according to a report by BCC Research.
MHI Blog—Given the critical role that guardrails play in helping warehouses and distribution centers achieve compliance with OSHA regulations, we thought we’d help you out and dig into the Walking-Working Surfaces and Personal Fall Protection Systems ruling and explain how you can comply with the regulation with essential protective equipment.
NACS—Electric car sales have declined in some areas due to decreased subsidies and government infrastructure support. For example: In China, which has the world's largest EV market, EV sales have declined following the government’s decision to scale back subsidies.
Reuters—The Federal Aviation Administration granted UPS’ Flight Forward drone subsidiary a Part 135 Standard certification on last week. The company said the certificate allows it to expand its delivery service in campus settings such as hospitals and universities, but added that residential deliveries are years away.
CSCMP’s Supply Chain Quarterly—Despite recent improvements in the rail freight transportation landscape, the alignment between carriers and shippers remains "dysfunctional," and is not set up for 21st Century transportation needs, according to a recent study by Maine Pointe and Michigan State University.
Global Trade Mag—Workforce development in the modern age presents a new level of opportunities and challenges to companies seeking to enhance their talent pool. In today’s market, recruiters must understand potential employees at their core and visualize the potential value and growth for both parties. This level of expertise is difficult to find.
ThomasNet—Hiring quality employees is a challenge for many businesses. Unemployment is low, complicating efforts to fill key positions. But before you leap to hire a new employee, take a moment to ask yourself – why did the last employee leave?
Modern Materials Handling—Recent years have shown explosive growth in professional opportunities in supply chain and operations. These trends have set the stage for a new kind of supply chain professional of the future. Today’s Supply chain professionals must have multifaceted skills and the ability to interface with individuals from diverse departments within an enterprise.
Port and Terminal—The latest Clarkson weekly report shows that the fuel consumption and the carbon output of the world fleet are lower today (~820m tonnes of carbon) than in 2008 (~1,000m tonnes), despite moving 35% more cargo and there being 60% more tonnage on the water.
Global Trade Mag—To say that 2019 has been challenging for ocean carriers would be an understatement. But, these ocean shippers have faced the challenges and rolled out some innovative ideas.