MHI Solutions

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6th Annual MHI Innovation Awards Honor Cutting-Edge Solutions in Three Categories

By Greg Baer, MHI Director of Sales

For the sixth year, MHI honored the MODEX exhibitors deemed by an expert panel of industry insiders to have created the most innovative products and solutions in our industry. Prior to MODEX in April, exhibitors were invited to submit entries in three different categories: Best New Innovation, Best Innovation of an Existing Product and Best IT Innovation.

MHI received 111 total submissions spread across the three categories—an increase from 95 entrants at MODEX 2016—and each one could have qualified as a finalist. MODEX exhibitors are clearly dedicated to continuous improvement of the industry that makes supply chains work. Indeed, every year the MHI Innovation Awards judging committee notes how amazed they are by the innovative solutions brought by exhibitors to the show floor that are destined to shape and disrupt today’s supply chains.

To narrow each category down to four finalists prior to the show, the submissions were judged by a committee of five volunteer judges representing The Home Depot, Mohawk Industries, Champion Petfoods, Group Deschenes, and 3M. On Monday at MODEX, finalists’ exhibits were visited in person by the judges who selected the winners based on their ability to deliver quantifiable and sustainable return on investment (ROI), cost savings and customer satisfaction.

Awards were presented to the winning products and technologies on Wednesday during MHI Industry Night with Jim Gaffigan, ensuring attendees had plenty of time to visit the 12 finalists and check out the entries during the first three days of the show.

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Emerging technologies such as IIoT, robotics and artificial intelligence provide exciting opportunities for supply chains. They also mean an exponential growth in the amount of data these supply chains generate. When properly utilized, this data can provide crucial information to improve efficiency, reduce costs, enhance transparency and customer service. But it comes with risk. The more digitized a supply chain becomes, the more it is at risk of cyberattack. Hackers are constantly finding new ways create data breaches they can exploit. The reality that most supply chains require third-party suppliers down the chain only heightens this threat. No matter the scale of your supply chain, it is essential to have solid cybersecurity processes in place to manage and mitigate the growing risk of cyberattack. That’s what this issue of MHI Solutions is all about, from cybersecurity threats in an IIoT world to dark data to the human factor in cybersecurity to blockchain as a potential solution.

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