Supply Chain Now Radio Episode 197
Supply Chain Now Radio, Episode 197
The Supply Chain Buzz Series
Sponsored by Verusen: www.verusen.com/
Scott W. Luton is the founder & CEO of Supply Chain Now Radio. He has worked extensively in the end-to-end Supply Chain industry for more than 15 years, appearing in publications such as The Wall Street Journal, Dice and Quality Progress Magazine. Scott was named a 2019 Pro to Know in Supply Chain by Supply & Demand Executive and was named a “2019 Supply Chain & Logistics Expert to Follow” by RateLinx. He founded the 2019 Atlanta Supply Chain Awards and also served on the 2018 Georgia Logistics Summit Executive Committee. He is a certified Lean Six Sigma Green Belt and holds the APICS Certified Supply Chain Professional (CSCP) credential. A Veteran of the United States Air Force, Scott volunteers on the Business Pillar for VETLANTA and has served on the boards for APICS Atlanta and the Georgia Manufacturing Alliance. He also serves as an advisor with TalentStream, a leading recruiting & staffing firm based in the Southeast. Follow Scott Luton on Twitter at @ScottWLuton and learn more about SCNR here: https://supplychainnow.com/
In this episode of the Supply Chain Buzz, Scott Luton discusses the latest topics in supply chain- a manufacturing industry update, slower logistics hiring, RAAS, Roadie, and more!
[00:00:07] A good morning and Scott Luton here with you libeled Supply Chain Now Radio, welcome back to the show. In today’s show, we’re continuing our Supply chain Bus series, a brief weekly look at some of the top news and trends across the global India and Supply chain community. All in 50 minutes or less. Today’s episode of the Supply chain Buzz. Supply Chain Now Radio is brought to you by Verusen, an innovator in materials, inventory and data management technology. Verizon’s cloud platform uses artificial intelligence to harmonize and provide visibility into materials, inventory data from ERP and other systems.
[00:00:43] You can learn more at Verusen dot com v e r u s e n dot com. It’s Monday, November 4th. Now let’s get to the news. First, we have some mixed economic news for two of the world’s largest economies, China and the United States. As pointed out to us by one of our favorite industry analyst firms, Kathy Moore, Robert Miura Roberson and the team over at Logistics Trends and Insights. Manufacturing industries in both the U.S. and China are showing interesting signs for the path ahead here in the U.S.. The October PMI, released on November 1st showed economic activity in the manufacturing sector contracted in October, while the overall economy grew for the one hundred twenty sixth consecutive month, inventories and exports were up. New orders and imports are down all from September. From the report, quote, Comments from the panel reflect an improvement from the prior month, but sentiment remains more cautious than optimistic, quote. In China, that machine jhana general manufacturing PMI showed and Kathy pointed out that a PMI of fifty one point seven was cited in China, the quickest pace since February. Twenty seventeen new orders rose to the highest level since January 2013, and new export orders reached the highest point since February twenty eighteen. This could be due to the U.S. move to exempt more than 400 types of Chinese products from additional tariffs, as Cathy pointed out. The mixed signals continue, but most agree that it won’t be a rosy path ahead for U.S.
[00:02:19] manufacturers. And fears of a general economic slowdown certainly continue to persist. Our second story illustrates, also illustrates a bit of peak season economic malaise. In a Wall Street Journal report by Jennifer Smith, overall, Logistics hiring growth has slowed tremendously. Trucking company payrolls grew by thirteen hundred jobs in October after three straight months of job losses, despite the additions. Carriers are dealing with weakening freight demand and a slower than expected start to the fall shipping season. The report quotes Mark Rorke, CEO of Schnatter National, as saying, quote, We have seen some seasonality and promotional volumes related to the traditional retail peak season, but they are well below the frothy conditions of last year in, quote, UPL still plans to hire 50000 seasonal workers. And the organization held more than a hundred eighty five job fairs across the U.S. last week. Interesting, Lee. Enough, though, the U.S. Bureau of Labor Statistics preliminary report showed that hiring at warehouses and stores, businesses, including online fulfillment centers, only added 500 additional jobs. I think that surprises most everyone for this time of year. And our third story here today, let’s talk robots on the Supply chain Buzz in Supply chain Digest Supply chain by the numbers for November 1st. They report that third party Logistics Froome G-O-D is adding two hundred eighty one mobile robots to five distribution centers in the U.S.
[00:03:52] as it prepares for peak season. However, like many other organizations, G-O-D is renting the bots olah a robots as a service or rass model. In addition to the mobile robots, the company is also bringing own up to seven thousand human temporary workers across the same footprint. XBRL Logistics is hiring twenty thousand human workers for peak season, but also supplementing that workforce with millions of dollars of robotics. EXPIATE will be purchasing the bots now and using them for the spike in e-commerce orders typically related to peak season. And then they’ll be utilizing the bots and their expected 20:20 growth, says Expo President Troy Cooper. Quote, It’s a strategy for holiday peak that works so well in 2018 that we’ve ramped it up again this year and Balt 30 percent more endquote. While ex-POWs purchasing their robots, many firms are taking G-O-D approach, leading to many Roble Mobile, rather robot vendors to offer the popular robots as a service approach where customers end up paying a subscription fee for the order, picking bots, making it easier and far more affordable in terms of its automated capacity ramp up. Store number four focuses on a neat and new partnership between Atlanta based Rody and Delta cargo, as reported by Supply chain Management Review. Roady is an innovative owned the way delivery service that offers the nation’s largest local same day footprint. Delta cargo, of course, is the air cargo subsidiary of Delta Airlines.
[00:05:29] The two companies announced last week they partnered on a 24/7 pickup and delivery service that will originate in Atlanta and serve fifty five U.S. cities. And they plan to expand in new cities by the end of the year. The companies are calling it dash door to door and they’ll focus on small, small parcels under 100 pounds and less than 90 linear inches. They say it will be the fastest cross-country. Door to door delivery service in the US, all with simplified booking Real-Time tracking competitive pricing and 24/7 customer support. Rodi CEO Mark Gorlin mentions how the company’s large footprint already reaches 89 percent of all U.S. households, quote, with this new partnership, which now lets customers tap into the excess capacity in the belly of aircraft as well. Next day can become same day with a lot more convenience for our customers. Let’s wrap up today’s Supply chain Buzz. Supply Chain Now Radio with a few Quick Hits. First, congrats to Tim Doona and the Great Waves team on their new freight cars, a consolidated podcast channel featuring all their content and one convenient stream we wish organization continued growth and success. Second, from Wall Street Journal’s Paul Page comes our number of the day twenty seven point six billion dollars. That’s the combined transaction value of M&A activity in the transportation and logistics sector and third quarter twenty nineteen the most since first quarter twenty eighteen according to p.w see third industry influence or Supply chain Queen a.k.a.
[00:07:06] Shirey Harnish Sheer World Economic Forum’s latest Future of Jobs Report. The report lists the top ten emerging skills for twenty twenty two the top three, according to its research. First, analytical thinking and Innovation. Second, Act of Learning and Learning Strategies. Third, creativity, originality and initiative. Do you agree? I think I might. And that’s a wrap for today’s episode, several of the leading Supply chain news stories and trends right here on the Supply chain Buzz on Supply Chain Now Radio. You’ll find links to each of the stories on the show, notes for your convenience, including a few additional resources. And we invite you to come check us out in person. We hope to see you next week. This coming week at EAF TS Logistics CIO Forum in Austin, Texas, will be interviewing a wide variety of Supply chain thought leaders, including low class Cahow senior analyst with Bloomberg ashiq Van Appaling, CIO of TIRO, Scott Auslin, C.O.O. of Gulf Relay and many more. Stay tuned for the podcast replays from this exceptional event and you can learn more at E.M.T. Dot com. Once again, big thanks to today’s sponsor of the Supply chain Buzz. Verusen. Make sure you check them out at Verusen dot com VR USC in dot com into our listeners on behalf of the entire Supply Chain Now Radio team.
[00:08:30] This is Scott Luton. Thank you for joining us. And we wish you a very successful week ahead.
Upcoming Events & Resources Mentioned in this Episode
Cathy Morrow Roberson on Manufacturing Industry: https://tinyurl.com/y4oa8ypd
U.S. PMI Report: https://tinyurl.com/y4dhqe47
China PMI Report: https://tinyurl.com/y4t2kpbq
Logistics Hiring Growth Slows: https://tinyurl.com/y5ztvogq
Robots As A Service: https://tinyurl.com/y4jn5j3c
Roadie & Delta Cargo Partner: https://tinyurl.com/y2tlerow
Learn More About FreightCasts: https://twitter.com/FreightCasts
WEF’s Top 10 Emerging Skill Sets: https://tinyurl.com/yxc66rfj
Connect with Scott on LinkedIn: https://www.linkedin.com/in/scottwindonluton/
eft Logistics CIO Forum in Austin, TX: https://tinyurl.com/y5po7tvw
SCNR to Broadcast Live at CSCMP Atlanta Roundtable Event: https://tinyurl.com/y43lywrd
Reverse Logistics Association Conference & Expo: https://rla.org/calendar/1
SCNR to Broadcast Live at MODEX 2020: https://www.modexshow.com/
2020 Atlanta Supply Chain Awards: https://www.atlantasupplychainawards.com/
SCNR on YouTube: https://tinyurl.com/scnr-youtube
The Latest Issue of the Supply Chain Pulse: https://conta.cc/2PJonDu
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APICS Atlanta: https://apicsatlanta.org
Georgia Manufacturing Alliance: https://www.georgiamanufacturingalliance.com/
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Vector Global Logistics: http://vectorgl.com/