Artificial intelligence is being used with CAD technology so manufacturers can determine specific materials needed, cost projections and design, writes Jeff Kerns. "With today's ability to rent cloud computing power, both large and small companies can afford to use AI CAD technology to find bottlenecks, limitations, mistakes, or better features to accelerate time to market," he writes.
Automotive infotainment supplier Harman International uses an acquisition and in-house development to create cybersecurity measures in recent years. "It's really shifting the burden onto the suppliers because the automaker is not able to test and verify everything along the supply chain," said Dennis Kengo Oka of Synopsys.
The industrial internet of things remains a priority for manufacturing executives, especially for "monetization of product-as-a-service-revenue," according to a Software survey. However, integrating IIoT across the enterprise has proven difficult.
BASF and more than 50 other companies will host tours for Oakland County, Mich., students on Oct. 4 as part of the country's Manufacturing Day initiative. "The goal is to inspire them to pursue high-paying, rewarding careers in advanced manufacturing and skilled trades," says Joe Henry of the county Economic Development and Community Affairs Department.
C.H. Robinson is investing $1 billion on talent, advanced technologies and innovation, double the amount the logistics provider spent on such initiatives during the past 10 years, said Bob Biesterfeld, the firm's president and CEO at CSCMP's EDGE Conference. He also shared research that found that 88% of shippers consider technology an important factor when selecting a logistics provider and 83% believe local and global logistics expertise is essential.
Supply chain pros can take simple steps to attract and retain millennials, which constitute roughly 50% of today's workforce, according to a panel of young entrepreneurs at CSCMP's EDGE Conference. Their suggestions include being "honest about employment expectations" and clearly articulating company culture, "focusing on matching the right individual to the right position," and building "a collaborative environment where 'people are heard.'"
AB 5, the California Assembly bill that offers wage and benefits protections to gig workers, has become law. The law, which goes into effect Jan. 1, 2020, faces opposition from app-based businesses, including Lyft and Uber.
Better analytics capabilities in the relationship between shippers and third-party logistics providers, the growing importance of supply chain financials and demand for sustainable supply chains are key issues identified in CSCMP's 2020 Third-Party Logistics Study, sponsored by Infosys Consulting, Penske and Penn State University's Smeal College of Business. At the CSCMP EDGE Conference, Penske's Joe Carlier also noted the increasing use of alternative fuels, autonomous vehicles and platooning by shippers and 3PLs.
Face down uncertainty by writing out your fears, considering your biases and preparing as best you can for any outcome, writes LaRae Quy. "Most of our really hard decisions come down to values and how we weigh the ones that are most important," Quy writes.
Fashion brands are working to reduce the traditionally heavy toll their industry has taken on the environment by recycling materials and using natural dyes. "The factories we use are no-waste manufacturing plants, where everything is recycled," designer Mark Badgley of Badgley Mischka said.