Profile: UPS
UPS is launching a predictive analytics tool that analyzes over 1 billion daily data points to augment employee decision making and improve logistics planning. It will be available to employees via an app on their smartphones, desktops and tablets. In order to properly launch the tool, UPS first had to integrate their vast amounts of data from multiple applications into a single platform. The predictive analytics tool is just one part of a larger $20 billion capital spending plan that aims to solve rising ecommerce challenges and keep them ahead of aggressive rivals such as FedEx and Amazon.
Read more here in the original Wall Street Journal article. Also, see our case study on how we helped a leading global cold chain solutions provider launch their innovation program to more effectively harness technologies such as artificial intelligence for predictive analytics.
Robotic Warehouse
“We believe that the industry is ripe for disruption,” says TakeOff Technologies CEO and co-founder Jose Vicente Aguerrevere. That disruption Vicente Aguerrevere speaks of, is the automated grocery distribution market. The Boston area startup is revolutionizing so-called micro-fulfillment centers. These centers conduct orders and catering by automatically fulfilling requests directly within supermarkets. Developing a “robotic warehouse” within the stores individuals shop can make the food-to-table process faster than ever. The whole process is expected to need approximately only a half-an-hour lead time. The company announced a $12.5 million Series B rollout plan to launch in an unnamed supermarket in October. The Takeoff Technologies plans to utilize 10,000 square feet in it’s given 50,000-square-foot space. Leading competitors like CommonSense Robotics out of Israel, Instacart, AmazonFesh, Walmart, and Kroger also are aiming for highly efficient micro-fulfillment centers to roll out in the near future.
Want to explore further?
- Read the original Fast Company article.
- See our case study on how to launch a global innovation program that explores advanced technologies and the warehouse of the future.
- Sign up for our “North Star” newsletter to get the most important news, insights and profiles on supply chain transformation.
Changing Air Freight
Dronamics, a Bulgarian company specializing in drone specialization, is developing a revolutionary pilotless air-freight system. While many industry leaders race to address the last-mile delivery problem, Dronamics is focused on long-haul freight. The company created a drone that will be able to carry up to 800 pounds over approximately 1,500 miles. The approach has the potential to radically transform the air freight industry. Currently, shipping by air is incredibly quick and convenient, but only takes up approximately 1% of global shipping by volume due to expense. Dronamics wants to carry small packages in large quantities cross-country. While doing so, they project their drone shipping costs to be 50 percent lower than a traditional cargo plane with a human pilot. To add to that, each drone is also expected to cost less than $100,000 dollars to produce, far less than the traditional cargo plane at $500,000, providing a long-term payoff. Is drone piloted air-freight the future of shipping? How will this affect the ground shipment industry?
Want to learn more?
- Read the original Wired article.
- See our case study on how we reduced landed costs for global exports to by refining a highly strategic supply chain system.
- Sign up for our “North Star” newsletter to get the most important news, insights and profiles on supply chain transformation.
Case Study
Creating the global transformation strategy for a leading supply chain solutions provider.
CHALLENGE
One of the largest distribution companies in the world needed to defend against competitors by setting a compelling vision for the future and accelerating their transformation into a fully integrated, total supply chain solutions provider.
SOLUTION
- Partnered with the CEO, CFO and global executive leadership team to develop a global transformation strategy that would enhance their customer relationships, which include some of the leading brands in the world.
- Analyzed the company value chain, industry trends, customer ecosystems, societal shifts and competitive threats to identify transformation opportunities and challenges.
- Designed and facilitated a series of working sessions for their global executive leadership team and key stakeholders to collaboratively shape the strategy.
- Redefined the company vision, purpose, identity, mission, strategic priorities, competitive advantage, operating model and implementation roadmaps.
- Structured, scripted and designed the company strategy deck.
- Managed and curated their annual summit with 100 global leaders to powerfully engage employees and customers around their vision for the future of supply networks.
IMPACT
By establishing their transformation strategy and developing long-term, integrated technology roadmaps, our client has solidified their role as the leading partner within their customers’ complex global supply networks.
View our services to see how GoodOps can help build a competitive advantage by establishing a supply chain transformation strategy. Or send us an email at info@goodops.co to get started today.