MHI reports on industry

News Story
- 13 Apr 2017 ( #816 ) - Chicago, IL, United States
2 min read
MHI last week released The 2017 MHI Annual Industry Report: Next-Generation Supply Chains - Digital, On-Demand and Always-On to provide an up-to-date perspective on emerging supply chain trends.

Completed in collaboration with Deloitte Consulting, the report reflects the views of 1,100 manufacturing and supply chain industry leaders.

This report provides updates on the eight innovative technologies MHI predicted would have the most potential to transform supply chains three years ago when this annual report was launched:
* Inventory and network optimisation tools
* Sensors and automatic identification
* Cloud computing and storage
* Robotics and automation
* Predictive analytics
* Wearable and mobile
* Autonomous vehicles, and
* 3D printing

This year's survey revealed the emergence of a ninth innovation, the Internet of Things (IoT), that has growing importance in the digital economy.

These technologies are working together to create next-generation supply chains that are digital, on-demand and always-on.

The report finds that digital supply chains will be the predominant model within five years.

Hiring and retaining a skilled workforce continues to be the biggest obstacle facing supply chain professionals, with 63% of respondents reporting the issue (up from 58% in 2016). Additionally, 50% say training their workforce to use new technologies is a top priority. Other significant challenges include customer demand for faster response times (55%) and customer demand for lower delivery cost (53%).

The report sees Smart City Logistics as an emerging trend. While 50% of survey respondents are aware of Smart City Logistics, only 6% say they have begun to collaborate with other companies and cities to utilise and develop supply chain innovations to create new opportunities for last mile delivery, urban distribution centres and logistics hubs.

The report concludes that supply chain leaders see advancements in the innovations and technologies as continued disruptors to the industry. Whether it be robotics, automation, IoT or drones, these leaders understand that the battle for the lion's share of the consumer's dollar will be fought supply chain vs. supply chain.

"Those organisations that can deliver on rising customer service expectations at efficient cost through competency and innovation in their supply chain operations
will be the winners," the authors observe.

The full report can be downloaded here.
ERA probes digital ‎transformation
ERA probes digital ‎transformation 26 Jan 2023 - Brussels, Belgium - 2 min read
Technology still a major supply chain issue - MHI
Technology still a major supply chain issue - MHI 11 Apr 2019 - Chicago, IL, United States - 1 min read
Orders continue to rise in US
Orders continue to rise in US 26 Oct 2017 - Vernon Hills, IL, United States - 1 min read
Previously about:
Labour challenges loom in 2024 News Story - 28 Dec 2023 - 10 min read
Mitsubishi Heavy acquires Concentric power business News Story - 13 Jul 2023 - Tokyo, Japan - 1 min read
Labour concerns rise – survey News Story - 4 May 2023 - South Jordan, UT, United States - 2 min read
Do you have materials handling news? Submit your news here

PREMIUM business

Lift Technologies Inc.
Global leader - manufactures masts, carriages, sideshifters & fork positioners

With LogiMAT 2024 wrapped up, Forkliftaction is the place to catch up on all the highlights and product news from the show.

See the exhibitor highlights in our LogiMAT gallery,

Read our exclusive three-part LogiMAT 2024 coverage:
- Safety front of mind at LogiMAT
- Many paths to automation at Logimat
- Lower emissions a major focus at LogiMAT 

Words of support …

Undoubtedly, peer experience plays a crucially important role in our industry and it is extremely valuable for us to be part of the platform, where industry professionals, as well as end users can discuss and learn more about the materials handling world.

Alexandra Artemova, Marketing Specialist - Rocla AGV Solutions

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

“I really enjoy your newsletter and share the articles with all my training team for industry currency. I also print and display specific articles on forklift safety and accidents on our notice board for all the learners who attend our training courses to read...”

Gavin Trim - CEO, High Risk Work Licence Assessor, Mechanical Handling Equipment Specialist - Nationwide Training

Thanks Gavin for sharing your experience with Forkliftaction

Inside The News
This week we explore the various energy sources available for forklifts and other material handling equipment that were showcased at LogiMAT in Stuttgart... Continue reading

PREMIUM business

Combilift Ltd
Manufactures world class 4-way Handling Solutions

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

PREMIUM business

Tailift Material Handling USA Inc
Part of Toyota Industries Group - Leading manufacturer of High-quality machines.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

With LogiMAT 2024 wrapped up, Forkliftaction is the place to catch up on all the highlights and product news from the show.

See the exhibitor highlights in our LogiMAT gallery,

Read our exclusive three-part LogiMAT 2024 coverage:
- Safety front of mind at LogiMAT
- Many paths to automation at Logimat
- Lower emissions a major focus at LogiMAT