CEO UPDATE: Transportation and Logistics 2020
* By George W. Prest, Chief Executive Officer, MHI *
Transportation plays a central role in supply chains, whether they are local or global enterprises. And just like the overall supply chain, transportation is facing a digital revolution including new solutions for tracking road, rail, sea and air freight and parcel transportation.
These digital technologies are disrupting the industry, but they are also providing important new solutions for transportation inefficiencies and urban logistics challenges. They are also creating new digital business models that enhance transparency and sustainability and contribute to end-to-end supply chain visibility.
Like the innovations impacting supply chains, these trends are being driven by the growth of e-commerce and the consumers’ never-ending need for better, faster and cheaper. Ignoring them is done at your own peril.
But, digitizing your transportation and logistics operations comes with its own risks. How do you determine which solutions are right for your business? How do you measure ROI and avoid over-investing in bleeding edge technology that may never result in a positive business outcome?
This issue of MHI Solutions tackles this important topic to help you answer these questions with best practices and real-world examples of how leading firms are investing in transportation and logistics technology and seeing big payoffs.
Another important resource on this topic will be the 2020 MHI Annual Industry Report, which will debut at MODEX 2020, an event we are also previewing in this issue. MODEX is the industry’s largest supply chain expo showcasing 950 of the leading solution providers.
MODEX is where manufacturing and supply chain professionals come to discover the latest solutions and establish partnerships with key suppliers. They also come to learn about important trends and connect with their peers in over 150 conference, keynote and networking sessions. The event will be held March 9-12 in Atlanta.