U.S. trade with Canada and Mexico has increased more rapidly than with any other countries since the signing of NAFTA in 1995, and U.S. warehouse inventory has increased by a net of 3.5 billion square feet.
Supply chain visibility technologies—real-time data collection, information management and analytics across open, cloud-based platforms; low-cost, high-capacity data storage; and the acceleration of computational capabilities—can enable productivity improvements which result in lower costs, faster delivery of more customized products, and dramatic improvements in customer satisfaction.
Amazon plans to power forklifts and other industrial equipment at 11 fulfillment centers with Plug Power’s GenKey technology, which will enable faster charging times, reduced costs and support energy-efficiency in Amazon’s fulfillment operations.
Hiring and retaining a skilled workforce continues to be the biggest obstacle facing supply chain professionals according to 63% of respondents to 2017 MHI Annual Industry report. This is up 58% in 2016.
The company also tripled the number of supplier sites in the Energy Efficiency program, resulting in the reduction of over 150,000 metric tons of carbon emissions — the equivalent of taking 31,000 cars off the road for a year.
“The best way to improve transportation safety is to replace government micromanaging with performance goals, which would hold industries more accountable and encourage new technologies and practices that improve safety,” says Marc Scribner of the Competitive Enterprise Institute.
Over 30 national transportation groups and state and regional associations sent a joint letter to Transportation Secretary Elaine Chao calling for the rule to be dumped as it was based on what they characterized as “flawed” data.
If a U.S. border tax was enacted some retailers that are big importers could see their net profits plummet by almost 80%, while exporters of manufactured goods could see their net profits soar by 50% or more.
Mars, Nestlé, Mondelēz and Hershey and others have committed to working together to end deforestation and forest degradation in the cocoa supply chain, with an initial focus on Ghana and Côte d’Ivoire.
It's no secret that truck driving can be a hazardous profession -- 11 accidents involving semi-trucks occur every day in the United States -- but there are other occupations that make freight hauling look like a Sunday drive in the country.