Tag Archives: supply chain innovation

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

Feature BY SHERYL S. JACKSON The speed, volume and complexity of the global supply chain continues to increase with the support of innovative technology that helps move goods more efficiently and safely. The 2024 MODEX exhibit hall was filled with over 1,200 exhibitors displaying the most up-to-date solutions for supply chain challenges. Ten of the innovative leaders were: ArcBest: Vaux ...

MHI received 193 submissions for this year’s Innovation Award. Finalists were chosen as the most innovative products in each category based on concept, value and impact, including the inaugural Best Innovation in Sustainability category. The MHI Innovation Award serves to educate and provide valuable insights on the latest manufacturing and supply chain products and services to MODEX attendees. MODEX 2024 ...

BY JASON SCHENKER, PRESIDENT OF PRESTIGE ECONOMICS®, CHAIRMAN OF THE FUTURIST INSTITUTE® Critical sustainability developments have occurred this year for companies in the supply chain, logistics and material handling industries. At the top of the list is the Securities and Exchange Commission (SEC) rule on emissions, which after being approved was put on hold while litigation plays out. Additionally, global ...