Low Earth Orbit Satellites Offer Global Asset Tracking BY MARY LOU JAY Companies desiring greater visibility into their supply chains now have another option for tracking their goods. By using IoT sensors that communicate with low earth orbit (LEO) satellites, they can gain new insights into where their products are and the conditions under which they are traveling. IoT sensors ...
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Building the Business Case for Automation
Is the lack of a clear business case preventing your operation from implementing automation? Use this guide to build a compelling justification. BY SARA PEARSON SPECTER Every year, MHI’s Annual Industry Report queries supply chain leaders on a multitude of topics surrounding their adoption and deployment of innovative technologies—including automation. Survey questions ascertain budgets, operational challenges, investment plans, obstacles to ...
Read More »Quality Data and Strategic Approach Ensures AI Implementation Success
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 »Transforming Supply Chains With Unified Data
Decision Intelligence Data Platforms Help Companies Optimize Operations BY NICK FORTUNA Supply chain executives are bullish on the ability of artificial intelligence (AI) to streamline operations and improve decision-making, but to fully unlock the power of AI, companies need to put a laser focus on their data. It has been said that data is the lifeblood of AI, as it ...
Read More »In the Pharmaceutical Supply Chain, Complexity Is a Constant
Industry Focus BY TOM GRESHAM The pharmaceutical supply chain saw itself thrust into the spotlight during the pandemic. As a result, there is now a growing appreciation for its importance. “It’s something that people are getting a better grasp of,” said Perry Fri, executive vice president, industry relations and member services, Healthcare Distribution Alliance and COO, HDA Research Foundation. “People ...
Read More »Supply Chain Investment Growth in Technologies That Empower Human Workforce
The 11th edition of the MHI Annual Industry Report found increased investment in human-centric, collaborative technologies that empower workers to be more productive and make better decisions. BY SARA PEARSON SPECTER Artificial intelligence (AI), robotics and automation have dominated the supply chain technology adoption conversation over the past year. Recognition of their ability to enhance resilience amid unpredictability and improve ...
Read More »Four Companies Honored For Supply Chain Innovations With Transformative Potential
The 12th Annual MHI Innovation Awards saw strong entries across four categories, including the inaugural Best Innovation in Sustainability competition, at MODEX 2024. BY GREG BAER, DIRECTOR OF SALES, MHI Of the hundreds of solutions that filled all three of the Georgia World Congress Center’s exhibition halls during MODEX 2024, four supply chain and material handling solutions stood out among ...
Read More »New MHI and Deloitte Report Focuses on Collaborative Supply Chains that are Tech-Forward and Human-Centric
55% say they are increasing their investment in supply chain tech and innovation and 42% are planning to invest over $10 million A new report released by MHI and Deloitte finds that 55% of supply chain leaders are increasing their supply chain technology and innovation investments, with 88% saying they are planning to spend over $1 million. Forty-two percent plan ...
Read More »How AI Optimizes Supply Chain Decision Making
Feature BY MARY LOU JAY Sci-fi films may portray artificial intelligence (AI) as a threat to humanity, but in the real world of supply chain, AI provides many benefits to the humans who interact with it. As a powerful decision-making tool, AI helps workers be more effective and more productive. The term AI encompasses many related technologies, including machine learning ...
Read More »MHI Powers Largest MODEX In Event’s History
MHI’s MODEX 2024 saw a record-shattering number of registered manufacturing and supply chain professionals, reaching a total of 48,733. The event, held March 11-14 in Atlanta, saw attendees engaged with 1,200 exhibitors showcasing the latest supply chain technology and innovation across three halls and 580,000 net square feet at the Georgia World Congress Center. This was the largest MODEX event ...
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