Using Satellite Internet of Things (IoT) to improve the supply chain
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Satellite Internet of Things (IoT) refers to the use of satellite technology to connect IoT devices to the internet. Satellite IoT allows these devices to be connected to the internet even in areas where there is no ground-based internet infrastructure, such as remote locations or disaster areas. Systems that utilize this typically consist of a network of satellites in orbit around the earth, ground-based gateway stations, and the IoT devices themselves.
Satellite IoT can be used to track the location and status of shipping containers as they are transported by sea, air, or land. It can also be used to monitor the condition of perishable goods, such as food and pharmaceuticals, during transportation to ensure that they are being stored and handled properly. Remote monitoring, asset tracking, and environmental monitoring... all these can benefit from this technology.
Check out today’s featured article from Supply Chain Brain to read about how Satellite IoT can provide global connectivity and visibility for the supply chain. What kind of detailed benefits can the industry reap from utilizing satellite systems and the data these provide? ☕️
Featured Article:
Empower Your Workforce to Succeed with Satellite IoT | Supply Chain Brain
“The U.S. truck driver shortage has risen to a staggering 80,000 — an all-time high for the shipping and logistics industry. Even more troubling, that figure could rise to 160,000 by 2030, indicating that this challenge will persist for the coming years.”
Manufacturing & Company Culture 🎉
Manufacturing sector needs to change to attract Gen Z workers
Currently, the median age of workers in the manufacturing sector is 44 years old. A labor shortage is bubbling and manufacturers are desperately looking at Generation Z to fill the gap. An aging workforce, a lack of skilled workers, a negative perception of manufacturing jobs, competition from other industries, and changes in the global economy have all played a role in creating this growing problem.
There are several steps that the manufacturing sector can take to attract younger generation Z workers:
Offer competitive pay and benefits: Competitive compensation packages can be very lucrative for attracting younger talent - those who often have many more options available to pursue.
Emphasize training and career development: Many younger workers are looking for opportunities to learn and grow in their careers. Offering training and development programs can help them advance their skills and knowledge.
Highlight the importance of sustainability and social responsibility: Generation Z is known for being socially conscious and environmentally aware, so manufacturing companies that prioritize sustainability and social responsibility may be more attractive to younger workers.
Use technology to modernize the workplace: Utilizing technology to modernize the workplace can make it more appealing to younger workers.
Create a positive company culture: Younger workers often value positive and inclusive company culture, so manufacturing companies can attract younger workers by creating a culture that values diversity and promotes collaboration and teamwork.
Fuel Tech & Clean Energy ♻️
Offshore wind energy technology expected to grow in 2023
The global offshore wind technology trend is expected to only grow over the upcoming twelve months. Offshore wind energy can be beneficial for the transportation industry and the environment because it reduces reliance on fossil fuels, diversifies energy sources, creates jobs, boosts the economy, and protects the environment by minimizing air pollution. However, it’s not all sunshine and rainbows.
Some experts are expecting some challenges ahead while countries continue to invest in offshore wind projects. There are several potential drawbacks that may be on the horizon… literally.
High upfront costs: The projects are typically extremely expensive to both develop and construct, particularly due to the need for specialized equipment and the challenges of building in offshore environments.
Limited availability: The potential for wind energy may vary depending on the location and other factors.
Visual impact: Offshore wind turbines can be visible from the shore, and some people may view them as unsightly.
Potential impacts on marine life: There is a potential to impact marine life, such as through the construction of foundations and transmission lines.
Public opposition: When located near areas of recreational or cultural significance, offshore wind energy projects may face negative perceptions.
GET SMART 🧠
Ramp up that brain power for these advanced topics…
🤝 Procurement managers can benefit from supplier segmentation. Supplier segmentation is the process of dividing suppliers into different categories based on various criteria such as the importance of the products or services they provide, the risks associated with working with them, and the potential for cost savings. Procurement managers can benefit from supplier segmentation with improved supplier relationships, enhanced risk management, cost savings, and improved supplier performance.
💰 ATS Logistics has been bought out by Harbor Logistics. The Charleston, South Carolina company has officially acquired the transportation and warehousing services provider with the goal of expanding operation expertise located in the Port of Charleston market. Nova Infrastructure, the North American middle-market infrastructure investment firm that owns Harbor Logistics already owns warehousing and drayage services that operate in the Charleston market. Founder and partner at Nova Infrastructure Allison Kingsley praised the acquisition, highlighting the talented ATS team that Harbor Logistics is welcoming with open arms.
⏳ Supply chain professionals should utilize tactical planning for the long term. Tactical planning is the process of developing short-term plans to achieve specific goals within a specific timeframe, usually one to two years. It is a step in the overall strategic planning process, which involves developing long-term plans to achieve the overall goals and objectives of an organization. This method can be used to support the development and implementation of long-term business strategy by identifying and prioritizing specific goals, developing actionable plans, and monitoring and adjusting plans already in place.
🚂 Domestic rail carload and intermodal volumes ended the year on a sour note. The Association of American Railroads (AAR) issued data collected over December 2022 that showed U.S. carloads decreased 4.4% annually and trailers fell 5.2%. This may be an indication of a decrease in the demand for goods being transported by rail. Carload volumes refer to the number of rail cars loaded with goods that are shipped over a given period of time, while intermodal volumes refer to the number of containers or trailers that are shipped by rail as part of a larger journey that includes multiple modes of transportation, such as by truck or ship.
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for November 28, 2024, from iLevel Logistics Inc.