Uber Technologies inched closer to becoming a logistics company last week with the launch of Uber Freight, an on-demand freight service for trucking carriers.
It's becoming clear that digital technologies like IoT, big data analytics, AI, advanced robotics and 3D printing are helping manufacturers to increase not only efficiency and productivity - but revenues, too.
In January, Rodrigo Paolucci sold his 50-person video distribution startup in São Paulo, planning to go to business school overseas. Although he'd long dreamed of getting an MBA in Silicon Valley or New York, he applied only to the Rotman School of Management at the University of Toronto. The reason: The Trump administration's anti-immigration rhetoric "makes it harder for foreigners," says Paolucci, who got a scholarship from Rotman that covers 40 percent of tuition.
There was a time when contract manufacturers performed one specific task: making products, usually of a high-tech nature, while staying well behind the scenes. But that time is long gone.
American factories flexed some muscle in April, boosting output by the most since February 2014 in broad fashion. Along with gains at mines and utilities, total industrial output was also the strongest in more than three years, Federal Reserve data showed this week.
The latest supply-chain news, analysis, trends and tools for executives in the automotive industry — which consists of companies that produce automobiles, utility vehicles, motorcycles, all-terrain vehicles and heavy trucks. Learn how automotive companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.