Deloitte

Business consultancy Deloitte and the Association for Supply Chain Management (ASCM) have announced a new next-generation supply chain model geared towards providing logistics stakeholders with the tools needed to face various supply chain-related obstacles, such as market volatility, digital disruption, and shifting consumer expectations, among others.

More than 86% of survey respondents believe smart factory initiatives will be the main driver of manufacturing competitiveness in the next five years, though only 51% are making/have made investments.

While the e-commerce-driven supply chain has been paced by steady consumer activity, as evidenced with an expected 15% sales growth rate for 2019, research recently issued by Deloitte indicates that industrial real estate growth, for spaces like warehouses, distribution centers, and flex spaces may not keep pace. The reason for this, explained Deloitte, is the firm’s expectation that market oversupply, heightened competition, rising interest rates and growing cost of capital will send industrial real estate on a downward growth path.

​Business leaders advised to look beyond immediate wins and align R&D and innovation efforts with long-term strategic goals.

Nationwide initiative seeks to recruit 600,000 Americans into manufacturing careers.

This year’s report features in-depth profiles of the five NextGen innovations having the greatest impact on supply chains; Robotics and Automation, Predictive Analytics, Internet of Things Sensors, Artificial Intelligence, Driverless Vehicles, and Drones.

The industrial manufacturing industry is in a unique position in the coming year, according to Deloitte’s 2019 Outlook on Industrial Manufacturing. The outlook indicates that although output, utilization and financial performance are up, trade tensions are causing doubt, skilled talent is in short supply, and supply chains are struggling to match demand.

Businesses large and small are pursuing automation to combat the skills gap and make the most of current employees.

As they embrace the fourth industrial revolution, organizations and their supply chains face plenty of challenges and opportunities.

As they embrace the fourth industrial revolution, organizations and their supply chains face plenty of challenges and opportunities.

Belief in the benefit of digital supply chains may be widespread, but it’s less clear how to create one. Fortunately for those seeking a path forward, there are methodologies for assessing which digital capabilities hold the highest value potential. Implementing Digital Supply Chain, Digitization in the Supply Chain,

More than half of surveyed manufacturers expect digital supply networks will provide benefits, but only 28 percent have started implementing them

Impact on the transportation space; In a world of shared assets, changing economics and customer preferences are increasingly driving transportation players not to go it alone.

Despite there being no official pricing information available to date, Walmart, J.B. Hunt Transport Services, retailer Meijer Inc, and Canadian grocery giant Loblaws have all placed orders for Tesla’s new heavy-duty all electric transport semi-trucks.

This study closely examines four global commercial vehicle markets and identifies the trends that will fundamentally transform the global truck markets.