Looking to find your Wow—that trend or technology that will take your supply chain to the next level? Chances are, you'll find it among ProMat's 1,000-plus exhibits.
To see the hottest new tech gadgets, you go to CES. To kick the tires on the latest cars, you head for the Detroit auto show. And if you want a close-up view of the latest logistics/material handling innovations, the place to go is ProMat, the nation's largest exhibition of material handling, supply chain, and logistics equipment, systems, and technologies.
Organized by the material handling/logistics/supply chain trade association MHI, the ProMat Show is held every other year at Chicago's McCormick Place. The 2019 event, which takes place April 8 through 11, is expected to draw visitors from more than 115 countries.
What brings them there? George Prest, MHI's CEO, says they come to ProMat "to find their Wow—that trend or technology that will take their supply chain to the next level of success."
They'll have a lot of options to choose from. More than 1,000 exhibitors will be on hand to showcase their products and services. The exhibits will cover the following categories of technologies, equipment, and services:
Material handling equipment and systems: Automated storage and retrieval systems, automatic guided vehicle systems, racks, forklifts, batteries, conveyors and sortation equipment, scissor lifts, carousels, and much more.
Packaging, containers, and shipping equipment: Box and carton makers, packaging machinery, systems for the inspection of products by weight or scanning, pallets, plastic and metal containers, and more.
Inventory management and controlling technologies: Computers, controllers, systems integrators, manufacturing execution systems, supply chain and logistics execution systems, and enterprise resource planning systems.
Dock and warehouse equipment and supplies: Dock levelers, dock pads, doors, forklift trucks, racks, flooring, handling systems, conveyors, hoists, cranes, monorails, and more.
Consultants and distribution system planners: Simulators, modelers, system designers, distribution consultants, and reverse logistics and third-party logistics services.
Automatic identification equipment and systems: Bar-code printers and scanners, vision systems, voice recognition systems, radio-frequency identification (RFID) systems, and systems integrators.
Supply chain management: Alternative fuel systems, parcel management and distribution, reverse logistics, third-party logistics, supply chain and logistics execution systems, and inventory security services.
Sustainable facility solutions: Alternative and renewable energy and fuel systems, recyclable and returnable packaging and shipping materials, energy-efficient lighting, high-volume/low-speed (HVLS) fans, energy-efficient equipment and sensors, and sustainable facility planning services.
Autonomous vehicles: Automated storage and retrieval systems, automatic guided vehicles, driverless trucks, delivery and inventory drones, and automated cranes.
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In addition to the exhibition, ProMat will include an extensive educational conference that runs concurrently with the show. Educational events include four keynote presentations as well as more than 100 expert-led seminars held right on the show floor during the exhibition. Also on the agenda are a women in supply chain summit and a one-day overhead crane safety conference. (Separate fees and registration are required for the women's summit and crane conference. Go to www.promatshow.com/education for more info.)
The ProMat keynote presentations will offer a glimpse of the future and insights into ways to gain a competitive edge in your market:
On Monday, April 8, from 8: 45 a.m. to 9: 45 a.m., Karim Lakhani of the Harvard Business School will detail how incorporating blockchain technology into your operations can address and resolve many supply chain challenges, while boosting efficiency and reducing risk. Lakhani will talk about specific use cases as well as pilot projects to provide context for the discussion. Attendees will learn how to incorporate blockchain into their business to transform their supply chain, according to MHI.
On Tuesday, April 9, from 8: 45 a.m. to 9: 45 a.m., Reshma Saujani, founder and CEO of "Girls Who Code," a group dedicated to addressing the serious gender imbalance in the tech industry, will provide practical strategies for closing the gender gap and explain why it's a key to the future success of our industry.
On Wednesday, April 10, from 8: 45 a.m. to 9: 45 a.m., Scott Sopher, principal with Deloitte Consulting LLP's Supply Chain practice, will join George W. Prest, CEO of MHI, in presenting the findings of the "2019 Annual Industry Report" from MHI. The report will focus on the trends and technologies that are transforming supply chains. The two will then moderate a panel on the real-world significance of the report's findings.
Later that day, from 1 p.m. to 2 p.m., Marcus Lemonis, business magnate, serial entrepreneur, and star of the CNBC reality series "The Profit," will deliver a talk titled "The Three Keys to Business Success - People, Process, Profit." Lemonis, who has lent his expertise to struggling businesses in various industries across the country, will share his strategies for implementing his famous "3P" principles.
The keynotes will serve as the gateway to over 100 expert-led sessions covering industry issues like supply chain visibility, ergonomics, and a shortage of labor and the equipment and technology that address these and other concerns. The sessions, which run concurrently with the show, take place in specially designed theaters constructed on the show floor. This format allows attendees to learn about various material handling and logistics solutions in the educational sessions and then actually see the equipment and systems that can implement those solutions.
Also on tap this year are a "meet and greet" for young professionals, which will be held on Tuesday, April 9, from 5 p.m. to 6 p.m., and MHI Industry Night, an evening of live music, food, drinks, and entertainment by comedian Craig Ferguson. Industry Night will be held on Wednesday, April 10. Tickets to this event are on sale at ProMatShow.com/industrynight, and a portion of ticket sales will be donated to the Material Handling Education Foundation Inc. (MHEFI). The door prize for the event is a $30,000 trip to a location of the winner's choice.
A special bonus for attendees: Automate, a robotics, machine vision, and motion-control event, is once again co-located with ProMat in 2019. All ProMat registrants receive free admission to the Automate show.
Pre-registration for ProMat 2019 is free online by visiting www.ProMatShow.com. There is no charge to attend the exhibits, keynotes, or show-floor educational sessions. The website also offers exhibitor search tools, floor plans, details on the educational conference, and travel and hotel information.
Supply chain planning (SCP) leaders working on transformation efforts are focused on two major high-impact technology trends, including composite AI and supply chain data governance, according to a study from Gartner, Inc.
"SCP leaders are in the process of developing transformation roadmaps that will prioritize delivering on advanced decision intelligence and automated decision making," Eva Dawkins, Director Analyst in Gartner’s Supply Chain practice, said in a release. "Composite AI, which is the combined application of different AI techniques to improve learning efficiency, will drive the optimization and automation of many planning activities at scale, while supply chain data governance is the foundational key for digital transformation.”
Their pursuit of those roadmaps is often complicated by frequent disruptions and the rapid pace of technological innovation. But Gartner says those leaders can accelerate the realized value of technology investments by facilitating a shift from IT-led to business-led digital leadership, with SCP leaders taking ownership of multidisciplinary teams to advance business operations, channels and products.
“A sound data governance strategy supports advanced technologies, such as composite AI, while also facilitating collaboration throughout the supply chain technology ecosystem,” said Dawkins. “Without attention to data governance, SCP leaders will likely struggle to achieve their expected ROI on key technology investments.”
The British logistics robot vendor Dexory this week said it has raised $80 million in venture funding to support an expansion of its artificial intelligence (AI) powered features, grow its global team, and accelerate the deployment of its autonomous robots.
A “significant focus” continues to be on expanding across the U.S. market, where Dexory is live with customers in seven states and last month opened a U.S. headquarters in Nashville. The Series B will also enhance development and production facilities at its UK headquarters, the firm said.
The “series B” funding round was led by DTCP, with participation from Latitude Ventures, Wave-X and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic, and several angels from the logistics industry. With the close of the round, Dexory has now raised $120 million over the past three years.
Dexory says its product, DexoryView, provides real-time visibility across warehouses of any size through its autonomous mobile robots and AI. The rolling bots use sensor and image data and continuous data collection to perform rapid warehouse scans and create digital twins of warehouse spaces, allowing for optimized performance and future scenario simulations.
Originally announced in September, the move will allow Deutsche Bahn to “fully focus on restructuring the rail infrastructure in Germany and providing climate-friendly passenger and freight transport operations in Germany and Europe,” Werner Gatzer, Chairman of the DB Supervisory Board, said in a release.
For its purchase price, DSV gains an organization with around 72,700 employees at over 1,850 locations. The new owner says it plans to investment around one billion euros in coming years to promote additional growth in German operations. Together, DSV and Schenker will have a combined workforce of approximately 147,000 employees in more than 90 countries, earning pro forma revenue of approximately $43.3 billion (based on 2023 numbers), DSV said.
After removing that unit, Deutsche Bahn retains its core business called the “Systemverbund Bahn,” which includes passenger transport activities in Germany, rail freight activities, operational service units, and railroad infrastructure companies. The DB Group, headquartered in Berlin, employs around 340,000 people.
“We have set clear goals to structurally modernize Deutsche Bahn in the areas of infrastructure, operations and profitability and focus on the core business. The proceeds from the sale will significantly reduce DB’s debt and thus make an important contribution to the financial stability of the DB Group. At the same time, DB Schenker will gain a strong strategic owner in DSV,” Deutsche Bahn CEO Richard Lutz said in a release.
Transportation industry veteran Anne Reinke will become president & CEO of trade group the Intermodal Association of North America (IANA) at the end of the year, stepping into the position from her previous post leading third party logistics (3PL) trade group the Transportation Intermediaries Association (TIA), both organizations said today.
Meanwhile, TIA today announced that insider Christopher Burroughs would fill Reinke’s shoes as president & CEO. Burroughs has been with TIA for 13 years, most recently as its vice president of Government Affairs for the past six years, during which time he oversaw all legislative and regulatory efforts before Congress and the federal agencies.
Before her four years leading TIA, Reinke spent two years as Deputy Assistant Secretary with the U.S. Department of Transportation and 16 years with CSX Corporation.
Serious inland flooding and widespread power outages are likely to sweep across Florida and other Southeast states in coming days with the arrival of Hurricane Helene, which is now predicted to make landfall Thursday evening along Florida’s northwest coast as a major hurricane, according to the National Oceanic and Atmospheric Administration (NOAA).
While the most catastrophic landfall impact is expected in the sparsely-population Big Bend area of Florida, it’s not only sea-front cities that are at risk. Since Helene is an “unusually large storm,” its flooding, rainfall, and high winds won’t be limited only to the Gulf Coast, but are expected to travel hundreds of miles inland, the weather service said. Heavy rainfall is expected to begin in the region even before the storm comes ashore, and the wet conditions will continue to move northward into the southern Appalachians region through Friday, dumping storm total rainfall amounts of up to 18 inches. Specifically, the major flood risk includes the urban areas around Tallahassee, metro Atlanta, and western North Carolina.
In addition to its human toll, the storm could exert serious business impacts, according to the supply chain mapping and monitoring firm Resilinc. Those will be largely triggered by significant flooding, which could halt oil operations, force mandatory evacuations, restrict ports, and disrupt air traffic.
While the storm’s track is currently forecast to miss the critical ports of Miami and New Orleans, it could still hurt operations throughout the Southeast agricultural belt, which produces products like soybeans, cotton, peanuts, corn, and tobacco, according to Everstream Analytics.
That widespread footprint could also hinder supply chain and logistics flows along stretches of interstate highways I-10 and I-75 and on regional rail lines operated by Norfolk Southern and CSX. And Hurricane Helene could also likely impact business operations by unleashing power outages, deep flooding, and wind damage in northern Florida portions of Georgia, Everstream Analytics said.
Before the storm had even touched Florida soil, recovery efforts were already being launched by humanitarian aid group the American Logistics Aid Network (ALAN). In a statement on Wednesday, the group said it is urging residents in the storm's path across the Southeast to heed evacuation notices and safety advisories, and reminding members of the logistics community that their post-storm help could be needed soon. The group will continue to update its Disaster Micro-Site with Hurricane Helene resources and with requests for donated logistics assistance, most of which will start arriving within 24 to 72 hours after the storm’s initial landfall, ALAN said.