BY SHERYL S. JACKSON AI technologies ranked highest of innovations that respondents to the 2024 MHI Annual Industry Report survey expected to adopt within the next five years. In addition to the 58% who expect to adopt AI technology, 27% of respondents report already using AI and only 15% say that they are unlikely to adopt AI tools. Leveraging the ...
Read More »Tag Archives: supply chain data
Supply Chain 2025—Transparency, Sustainability and the Importance of Data
CEO Update According to the 2024 MHI Annual Industry Report, the biggest supply chain trends include AI, robotics, automation, cybersecurity and sustainability. The common theme for all these trends is the growing need for transparent, data-driven supply chains. This is no easy task, and you can’t get there without a commitment to data integrity, an innovative workforce culture and supplier ...
Read More »After Peak Season, Take a Deep Dive into Your Data
MHI Solutions Community BY CHRISTIAN DOW, MHI EXECUTIVE VP OF MEMBERSHIP AND INDUSTRY LEADERSHIP RYMDEN/SHUTTERSTOCK.COM In a sense, managing a warehouse or distribution center is like coaching a football team. First, you prepare for the big game, then you play it, and then you watch film to evaluate the team’s performance. Hopefully, small improvements over time result in many more ...
Read More »The Challenges of Security in an Increasingly Connected Cyber Physical World
The interconnected nature of cyber-physical systems also increases the attack surface for potential malicious activity. Plus, these attacks are increasingly targeting operational technology resources.
Read More »8 Ways to Strengthen Your Foundational Data to Better Combat Supply Chain Disruption
Companies are increasingly investing in digital solutions, seeking algorithmic answers to the unforeseen and unanticipated to more effectively manage the unexpected.
Read More »The End Is Nigh: Approaching Economic Escape Velocity After COVID
By Jason Schenker United States and global growth prospects have improved greatly since the start of the year. The rollout of COVID vaccinations has proven to be the logical antidote to the economic woes engendered by the pandemic. Yes, there are still some sectors that lag and some regions experiencing sluggish recoveries. But the labor market, the economy and the ...
Read More »ECONOMIC MARKET ANALYSIS: Economic Improvements Against a Backdrop of Base Effects and Tax Policy Risks
By Jason Schenker Despite major challenges at the start of the year, 2021 is poised to build economic momentum in the months and quarters ahead. This is true for manufacturing and material handling, but service industries are also poised to gain ground and experience significant year-on-year growth in the months ahead as vaccinations reach scale domestically and abroad. On the ...
Read More »Pandemic Spurs Supply Chain Reset
Digital technologies mitigate risk, allowing organizations to focus on better inventory management, planning for disruptions, future growth and other operational concerns. By Sara Pearson Specter The coronavirus lockdowns revealed shortcomings in many supply chains: cutting off supplies of raw materials and components; impacting labor with social distancing guidelines; increasing online consumer buying habits. As a result, many organizations’ supply chains ...
Read More »