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Nesta offers $11.6bn to acquire Singapore logistics firm GLP
Nesta Investment Holdings has offered around S$16bn ($11.6bn) to acquire Singapore-based Global Logistic Properties (GLP). -
Robots Take Center Stage at MODEX 2024
MODEX is the leading trade show for supply chain, logistics, and material handling solutions in North America. It showcases the latest products, technologies, and services from over 900 exhibitors across various sectors and industries. MODEX 2024, held in Atlanta, Georgia, from March 11 to 14, attracted more than 35,000 attendees and featured over 150 educational sessions, keynote speakers, and networking events.
Supply Chain Robotics: A Key Theme of MODEX 2024
One of the main themes of MODEX 20 -
Capturing 2032 Rail Wheel Sensors and Axle Counter Market Opportunities | Executive Insights
The global rail wheel sensors and axle counter market size was valued at USD 4.55 Billion in 2022 and is likely to reach USD 9.40 Billion by 2031, expanding at a CAGR of 8.39 % during 2023–2031. -
Infor’s Strategy for Differentiation
Infor’s CEO, Kevin Samuelson
Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. This in turn rests on developing solutions far more industry-focused than their competitors.
Infor held an Innovation Summit at their headquarters in New York City on March 18th and 19th. Several top executives laid out Infor -
The Intermediate Bulk Container Liner Market Evolution | Insights for the Next Decade 2032-2032
The global intermediate bulk container liner market size was USD 14.1 Mn in 2022 and is likely to reach USD 21.2 Mn by 2031, expanding at a CAGR of 5.3% during 2023–2031. -
Editor’s Choice: 4 Factors to Determine if Self-Distribution is a Viable Alternative for your Health System
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Scott Mullins, EVP of Operations and COO at Lucas Systems, and looks at self-distribution in healthcare systems.
Self-distribution is an increasingly popular option for healthcare systems to consider when deciding how to manage their supply chain. The challenges brought about by t -
Yacht Market Sails to New Heights Amidst Rising Demand and Luxury Lifestyle Trends, the Market to Hit USD 40.40 Billion by 2029 - Arizton
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2024–2029. -
Siemens EcoTech: Driving Sustainable Transformation of Industry
Aside from creating products that have sustainable benefits, Siemens has increased the value of their offerings by focusing on the traceability and data verification of their products. Companies across the globe are being placed under pressure to keep an accurate record of emissions data across their entire supply chain, due to regulations requiring annual reporting.
Siemens has 100,000 or even millions of products, and they hope to reduce the environmental impact of these products. Th -
It’s Long Overdue: Time to Bridge the Link Between Planning and Execution
As an industry, linking supply chain planning and execution has been discussed for decades. Why, in 2024 are we still talking about it and what can be done to move in the right direction?
The ability to unify key processes is closely tied to making timely, informed decisions – and the speed and quality of decision-making are crucial factors that significantly impact overall company performance. McKinsey’s findings highlight that only 48% of organizations are perceived to make decisio -
Robots, Robots, and More Warehouse Robots!
Happy Hour Started at 4 PM at the Locus Robotics Booth at MODEX
The last MODEX show I went to was in 2016. Last week I went to MODEX 2024. Wow! This show is massive! MODEX 2016 had 800 exhibits and 25,000 attendees. MODEX 2024 has 1,200 exhibits. They expected over 48,000 attendees by the end of the day on Thursday.
In 2016, I only remember three robotic firms at the show – Locus Robotics, 6 River Systems, and Fetch Robotics. These were autonomous mobile robots where the bots and pickers m -
Cybersecurity: The First Line of Defense for Your Warehouse
As digital threats loom larger than ever, automating your warehouse is not just about enhancing operational efficiency — it’s equally about safeguarding your digital and physical assets. The relentless rise in cyber threats such as ransomware and phishing attacks underscores the imperative need for robust cybersecurity measures, especially in sectors as vital as warehousing and logistics. As warehouses evolve from manual to automated systems, the security of these solutions cannot be -
The Electric Power Supply Chain
At the ARC Industry Leadership Forum in February, I had the opportunity to sit down with Rick Rys, Director of Consulting at ARC Advisory Group, to discuss the electric power supply chain. I asked Rick to give some deeper insights on a few key points. First, what are the overall supply chain issues make power greener? Second, what are the driving forces for this transition to renewable and how quickly is it happening? Third, what is the role of nuclear power in the future? And finally, how can t -
2032 Airport Ground and Cargo Handling Services Market Revelations | Guiding the Way to Future Triumphs
The global airport ground and cargo handling services market size was valued at USD 35.4 billion in 2023 and is likely to reach USD 87.7 billion by 2031, expanding at a CAGR of 10.8% during 2023 – 2031. -
Medline is the Largest User of the AutoStore Robotics Solution in the World
AutoStore in action at a Medline Distribution Center
AutoStore has a lot of buzz surrounding it. This public company (OSE:AUTO) headquartered in Norway achieved revenues of nearly $650 million in less than 20 years. The company continued to grow during COVID even as the industry shrank. And their revenues don’t include services – they work through system integration partners.
Medline was the first company in the United States to adopt the AutoStore robotic order fulfillment solution -
Labor Shortages in Supply Chain & Logistics: They’re Not Subsiding
With economies cooling and COVID more manageable, the general thinking has been that companies would see the workforce shortages of the past few years subside; however, this does not appear to be the case. Post-pandemic, organizations are still struggling with labor shortages, as well as knowledge workers and the leaders they need to thrive.
In late 2023, we conducted a survey of 1,000 supply chain and logistics decision-makers across North America and Europe across three sectors: manufacturing, -
The 2032 Chemical Transportation Market | A New Frontier for Strategic Market Victory
The global chemical transportation market size was USD 262.7 Billion in 2022 and is likely to reach USD 361.2 Billion by 2031, expanding at a CAGR of 4.3% during 2023–2031. -
Achieving Grid Reliability with Renewables
The energy transition is driven by the goal to decarbonize the energy used for transportation, buildings, and industry. Lacking a low-cost way of removing greenhouse gases from the air, the solution is to electrify as much as possible with clean power. In 1990, coal accounted for 54.6 percent of the total electricity generated in the US. This number steadily decreased over the years, to less than 17 percent in 2023. While the electric grid decarbonization has already made progress, the proportio -
Infor Nexus is Taking an Interesting Approach to Generative AI
IBM’s Institute for Business Value found that 75% of CEOs believe generative AI will be key to competitive advantage. However, in the supply chain realm, despite the rhetoric, the current use cases for generative AI are limited. At supply chain and enterprise application conferences, software companies have talked about using generative AI to create user manuals. That is not exactly a game changer. They have also talked about the use of generative AI to improve supply chain system us -
This Week n Logistics News (February 24 – March 1)
Yesterday was February 29th, meaning that 2024 is a Leap Year and yesterday was Leap Day. Leap years exist because while the world follows a 365-day Gregorian calendar, it actually takes Earth 365 days, 5 hours, 48 minutes and 46 seconds to orbit the sun, according to NASA. While that is rounded down to the 365 days we recognize as a typical year, those nearly six extra hours do not disappear. Instead, leap years are added to account for the difference. The extra day keeps calendars and seasons -
Companies Cannot Transform Through AI Alone
UPS dominated business and trade headlines for a day in late January when the world’s largest package delivery company announced plans to cut 12,000 full- and part-time management jobs as part of a new initiative called “Fit to Serve.”
What stood out even more was the “subhead” of UPS’ announcement. As reported by The Wall Street Journal, “Those jobs weren’t likely to return even when business picks up,” UPS said, adding that the reductions a -
The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts
Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations
Cooper University Health Care, like most companies, struggled with their supply chain during COVID. Cooper successfully coped with the crisis, but the high costs they had to pay for critical supplies and the late nights searching for those supplies convinced the organization that there had to be a better way. The company bought a risk solution that provides real-time alerts to potential supply disruptions. Cooper us -
This Week in Supply Chain News (February 19 – 23)
This Monday was President’s Day. President Biden’s Oval Office has both a portrait and a bust of Abraham Lincoln. But his family’s connection to the 16th president extends back to the Civil War. On March 21, 1864, an ancestor of Biden got in a knife fight with another man in a Union military encampment. Biden’s great-great-grandfather was charged with attempted murder and incarcerated for a term of two years of hard labor on a remote island near modern-day Florida. Three -
Vietnam Cold Chain Logistics Market is Booming with a CAGR of 10.89% During 2024-2032
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. The report has categorized the market based on type and end user. -
Open Sky Kaleidoscope: Connecting the Dots
A few weeks ago, I sat down to speak with Mike Noble, SVP of Technology and Jonathan Mitchell, Director of Software Services at Open Sky Group. In this conversation, we discussed seeing your supply chain through a new lens, and how this can help to achieve improved visibility.
Specifically, I asked Mile and Jonathan to give me some background on Open Sky Group, as well as a rundown of the Kaleidoscope platform, and the different components that link the end to end supply chain. Below are some of -
Nigeria Online Food Delivery Market 2024-2032, Size, Share, Growth, Report, and Forecast | IMARC Group
The market in Nigeria is majorly driven by the increasing demand for convenient dining solutions. In line with this, rapid urbanization and hectic lifestyles of the individuals are positively influencing the market. -
United States Car Rental Market 2024-2032, Size, Share, Growth, Report, and Forecast | IMARC Group
Changing consumer preferences, strong disposable income levels, rising technological integration, fleet diversity and upgrades, an increasing number of business and corporate travel, and expanding travel and tourism industry represent some of the key factors driving the market. -
Saudi Arabia Logistics Automation Market 2024: Share, Industry Size, Top Companies, Revenue & Forecast Report by 2032
The growing focus of organizations on reducing the workforce required for labor-intensive tasks, such as sorting, weighing, barcoding, counting, picking, and packing, is primarily driving the market growth across the country. -
Resilience by Design: The Power of Simulation in Supply Chain Strategy
Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND.
Optimization accounts for over 90% of all work that is being done by SCND teams. It can be used to solve a wide variety of supply chain problems. But it has gaps. Simulation techniques can fill those gaps and allow for a more holistic view of a company’s supply chain. This article describes how to incorporate simulation techniques into opti -
Key Trends Shaping the Mexico Healthcare Cold Chain Logistics Market 2024-2032
The Mexico healthcare cold chain logistics market is witnessing significant growth, driven by a confluence of numerous key drivers. -
Warehousing and Storage Market 2024: A Valuation of US$ 700.2 Billion Predicted by 2032 | IMARC Group
The explosive growth of e-commerce is a major driver for the warehousing and storage marke
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