September 2017 : News, Strategies & Insights

US Job Growth Slows To 156K; Unemployment Up To 4.4 Pct.

U.S. job growth slowed in August as employers added 156,000 jobs, still enough to suggest that most businesses remain confident in an economy now in its ninth year of recovery from the Great Recession.

The unemployment rate ticked up from 4.3 percent to a still-low 4.4 percent, the Labor Department said Friday. The government also revised down its estimate of job growth in June and July by a combined 41,000, leaving an average monthly gain this year of a solid 176,000Know More >

ISM: Manufacturing Remains Strong

Economic activity in the manufacturing sector expanded in August, and the overall economy grew for the 99th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.

Manufacturing expanded in August as the PMI registered 58.8 percent, an increase of 2.5 percentage points from the July reading of 56.3 percent. This indicates growth in manufacturing for the 12th consecutive month and is the highest reading since April 2011, when the index registered 59.1 percent. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting. Know More >

Supply Chain Impact of Hurricane Harvey Could Be Worse than Expected

The global supply chain impact of Hurricane Harvey could be unprecedented, widespread and realized, not only in the near term, but in weeks and months to come, according to Bindiya Vakil, CEO and founder, and Joe Carson, chief strategy officer, of Resilinc, a provider of supply chain risk and resiliency solutions. They warn that Hurricane Harvey’s disruptions will ripple through the supply chain and be realized at factories and facilities far away from the impacted area.   Know More>

Drone Technology in the Distribution Center

The use of drones beyond military applications has, so far, been relegated to capturing amazing aerial images and delivering small packages. However, researchers at the Massachusetts Institute of Technology (MIT) are currently experimenting with the use of drones for other industrial uses.

Although RFID tags can offer a number of efficiencies and traceability benefits, these codes and related scanners pose some complications for larger operations due to the manual scanning that still needs to be performed. In response, MIT researchers have developed a system that enables aerial drones to read RFID tags from up to 30’ away. Know More>

Top 10 Fulfillment and Warehousing Blogs

As a fulfillment and logistics professional, part of your job includes staying up to date with the latest industry news and trends. Knowing about the latest best practices, tools or trends will help you stay competitive and could even give you an edge against your competitors.

Logistics and fulfillment are not topics you will hear much about unless you check industry-specific news sources. Know More>