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Logistics Intelligence Brief
Thursday, September 29, 2022

Industry

Report: Companies embrace technology to fight supply chain stressors

DC Velocity September 28, 2022

Supply chain leaders are leveraging artificial intelligence (AI) and automation to navigate supply chain challenges and “future-proof” their companies’ supply chains, according to a recent IBM Institute for Business Value (IBV) survey of more than 1,500 chief supply chain officers (CSCOs) and chief operating officers (COOs).
IBM’s Own Your Transformation study reveals how supply chain leaders are navigating the challenges brought on by the Covid-19 pandemic, inflation, climate change, and geopolitical events. The study surveyed CSCOs and COOs in more than 35 countries across 24 industries and found that most are increasing their investments in automation, AI and intelligent workflows, ecosystems, and sustainability. The authors also said that supply chain leaders are “reimagining their supply chain operations.”
Link: IBM Own your transformation Data-led innovation for the modern supply chain

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Sustainability Becomes Increasingly Critical to Supply Chain Leaders

Transport Topics Connor D. Wolf September 28, 2022

The study found supply chain officers ranked sustainability as their third-biggest challenge in the next few years. It noted that 52% placed sustainability at or near the top of their priority list with 50% reporting that their sustainability investments will accelerate business growth. This compared to just 19% ranking sustainability as a top external force in 2019.

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Micro-Warehouse Provider Pivots as Retail Consumer Market Shifts

The Wall Street Journal Liz Young September 28, 2022

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Terry Esper, associate professor of logistics at the Ohio State University’s Fisher College of Business, said retailers have also fine-tuned strategies for fulfilling online orders that aren’t built around adding distribution centers. That includes delivering from stores and the “buy-online, pick-up-in-store” approach.
“There may be even some erosion of that microfulfillment model because a lot of consumers have now shown that they’re willing to pick things up from stores,” Dr. Esper said.

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Technology/Innovation

Autonomous, electric, and the ‘truck of the future’

Fleet Owner Cristina Commendatore September 28, 2022

The “truck of the future” looks very different depending on who you talk to and which segment of the commercial vehicle market they serve.
That truck could be a fully autonomous pod that has no driver compartment and runs solely on battery-electric power. Or maybe it’s a freight-hauling tractor-trailer combination that has a centered driver seat, e-mirrors, and provides drivers with a 220-degree field of vision in urban settings. Perhaps it’s a traditional tractor or straight truck equipped with advanced driver assistance systems, different levels of automation, and a zero-emission power solution.

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Workforce

Amazon Raises Pay for Hourly Employees as It Prepares for Holidays

The Wall Street Journal Sebastian Herrera September 28, 2022

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Amazon.com Inc.is raising pay for its hourly employees as the company prepares for the crucial holiday shopping season.
The company on Wednesday said it was increasing average starting pay for its front-line warehouse employees from $18 to more than $19 an hour, with many employees earning between $16 and $26 an hour, depending on their location in the U.S. Amazon said the raises represent a nearly $1 billion investment over the next year.
Related: Bloomberg Amazon Raises Hourly Wages at Cost of Almost $1 Billion a Year

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