Supply Chain
Top stories summarized by our editors
5/24/2018

Industry 4.0 is an evolution, meaning it involves ongoing updates and improvements to products, not just the rip and removal of costly legacy systems, Tom Canning writes. Companies should take care in selecting their Industry 4.0 team and do small tests before rolling out their strategy, he notes.

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IndustryWeek
5/24/2018

Safety signage is good business and also legally required in many cases, Vicky Adams writes. She advises that signs should be placed in accordance with the level of hazard and should be removed once there is no longer risk involved.

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ISSA
5/24/2018

Companies can create a pipeline of talent by working with community colleges, which can prepare people to work in manufacturing, repair and other areas, says Michael White of Cuyahoga Community College's Workforce, Community and Economic Development Division. "It takes a combination of outside and in-house training to get candidates up to speed on a company's particular equipment and processes," he says.

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Smart Business online
5/24/2018

Truckload linehaul rates posted an 8.2% increase year over year in April, according to the Cass Truckload Linehaul, and forecasts expect rates to gain at least 6% to 8% this year. Total intermodal freight cost grew 6.6% year over year due to tight truckload capacity and higher diesel costs.

5/24/2018

Starting next month, UPS will add $150 to its fee for pallets and parcels over the 150-pound weight limit -- increasing the price from $500 to $650. The company will also charge $1 for each package with mislabeled dimensions.

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Reuters
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United Parcel Service
5/24/2018

Growing e-commerce, personalization of goods and reduced access to low-cost labor will help propel mobile robot hardware revenues to more than $7 billion by 2022, up from $1.1 billion in 2017, according to a report from Interact Analysis. This includes autonomous mobile robots and automated guided vehicles, with the logistics industry being the fastest-growing vertical market for mobile robots.

5/23/2018

Amazon will build a $150 million fulfillment center near Grand Rapids, Mich., which will create 1,000 new full-time jobs, with a $4 million incentive from the state. The facility will be Amazon's fourth in Michigan.

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Amazon
5/23/2018

Some middle schools are introducing science, technology, engineering and math courses to help prepare students for future careers in manufacturing. Officials with Lightweight Innovations for Tomorrow, or LIFT, say such lessons serve as the foundation for in-demand manufacturing jobs.

5/23/2018

If members of the C-suite align their goals and teams with the company's vision, they reduce redundancy, saving time and improving profits, writes John Mattone. "When employees understand their individual and team goals and how they contribute to overall organizational success, they're more engaged with their work, and more productive," he writes.

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John Mattone blog
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John Mattone
5/23/2018

W.B. Mason has added Consumers Interstate as an affiliate and plans to expand the smaller company's Norwich, Conn., facility. Terms of the deal were not disclosed.

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W.B. Mason