Kuehnenagel Temasek Back Logistics Tech Startups

Kuehnenagel Temasek Back Logistics Tech Startups

Kuehne + Nagel has partnered with Temasek to establish a joint venture dedicated to investing in logistics technology startups. The focus will be on areas like big data, artificial intelligence, blockchain, and robotics. This initiative aims to transform traditional business models, enhance efficiency, and improve customer value. This move reflects the logistics industry's embrace of innovation and accelerated digital transformation, signaling further investment and changes within the sector. The joint venture underscores the growing importance of technology in reshaping the future of logistics.

Supply Chains Weigh Automation Costs Against Labor Savings

Supply Chains Weigh Automation Costs Against Labor Savings

Automation is an inevitable trend in supply chain development, but balancing high capital investment with labor costs is a key challenge for companies. This paper analyzes the current application of automation in supply chains and explores how companies can balance capital investment and labor costs when embracing automation. It proposes suggestions such as gradual implementation, selecting appropriate technologies, and strengthening employee training to achieve the common development of enterprises and employees. This approach helps maximize the benefits of automation while mitigating potential negative impacts on the workforce.

Locus Robotics Partners to Expand Smart Warehouses

Locus Robotics Partners to Expand Smart Warehouses

Locus Robotics partners with SCS to deliver LocusBot robotic solutions to warehouses across the United States. This collaboration aims to improve picking efficiency, reduce operational costs, and accelerate the adoption of smart warehousing. By deploying LocusBots, warehouses can optimize their order fulfillment processes and gain a competitive edge in today's fast-paced market. The partnership highlights the growing demand for automation solutions in the logistics and warehousing sectors, driven by the need for increased productivity and reduced labor dependency.

Teamsters Push for Worker Power in Supply Chain Overhaul

Teamsters Push for Worker Power in Supply Chain Overhaul

The Teamsters Union aims to reshape supply chain power dynamics and advocate for greater labor rights. Facing challenges like e-commerce disruption and lagging labor protections, the union employs strategies such as strengthening organization, advocating for legislation, and conducting public education to build a fair and sustainable supply chain. The successful experience with UPS demonstrates that unions and businesses can establish mutually beneficial partnerships. Building a fair supply chain requires the joint efforts of government, businesses, and unions.

Executives See Iiot Potential but Face Implementation Hurdles

Executives See Iiot Potential but Face Implementation Hurdles

A survey reveals that while 90% of executives consider Industrial IoT a strategic priority, only 7% have a comprehensive strategy in place. Talent shortage is a major bottleneck. To overcome 'inertia of enthusiasm' and fully unlock IIoT's potential, companies need to strengthen talent development, improve data quality, break down departmental silos, and reshape leadership. Addressing these challenges is crucial for successful IIoT implementation and realizing the benefits of digital transformation in the industrial sector.

CBRE Highlights Untapped Industrial Logistics Real Estate Potential

CBRE Highlights Untapped Industrial Logistics Real Estate Potential

A CBRE report highlights the potential of 14 strategic industrial and logistics real estate markets in the US. These markets exhibit high demand exceeding supply, rising rents, and boast superior infrastructure and labor forces. Strategic markets offer investors higher yields and diversification opportunities, but thorough due diligence of the local economic environment is crucial. Investors can find opportunities in these markets, but should also be aware of the local economy.

Women Leaders Boost Supply Chain Resilience Through Diversity

Women Leaders Boost Supply Chain Resilience Through Diversity

Gartner's latest research indicates a steady increase in women's overall representation in the supply chain, with a record 26% holding senior leadership positions. However, growth in middle management roles remains sluggish. Diverse leadership is crucial for enhancing supply chain resilience. Companies should establish clear diversity goals, improve recruitment and promotion mechanisms, provide career development support, foster an inclusive culture, and promote role models. By working together, we can build a more resilient and equitable supply chain future.

Deloitte ASCM Launch Digital Model to Strengthen Supply Chains

Deloitte ASCM Launch Digital Model to Strengthen Supply Chains

Deloitte and ASCM jointly released the Digital Capabilities Model (DCM) for supply chain networks, aiming to help companies address challenges such as market volatility, technological innovation, and changing consumer demands, and build more resilient and adaptable supply chain networks. Seamlessly integrated with the SCOR Digital Standard, DCM views the supply chain as a dynamic and interconnected system. It offers application scenarios such as investment strategies, transformation plans, and objective assessments, helping companies achieve digital transformation. This model provides a framework for assessing and improving digital capabilities across the entire supply chain.

Target Invests 7B in Supply Chain Overhaul

Target Invests 7B in Supply Chain Overhaul

At the CSCMP EDGE conference, Target's Chief Supply Chain and Logistics Officer, Gretchen McCarthy, shared Target's supply chain strategy. This includes a $7 billion investment in stores, the construction of sortation centers, Shipt last-mile delivery, and the application of automation. She emphasized a customer-centric approach, empowering partners, and maintaining supply chain resilience and flexibility to address future challenges. Target aims to optimize its operations to meet evolving customer demands efficiently and effectively.

US Supply Chain Council Boosts Resilience Through Collaboration

US Supply Chain Council Boosts Resilience Through Collaboration

The U.S. Supply Chain Council was established to enhance supply chain security and resilience, safeguard jobs, and invest in infrastructure. Through policy advocacy, interest coordination, and public awareness campaigns, the council unites businesses, labor organizations, and other stakeholders to build a secure and efficient supply chain system. This aims to address global instability and provide a guarantee for U.S. economic development. The council's collaborative approach is crucial for navigating complex challenges and ensuring a robust and reliable supply chain for the nation.