Multisourcing in retail forces logistics rethink
The logistics industry is facing its biggest challenge for decades in response to the multichannel retail revolution, according to CILT Chief Executive Steve Agg.
According to Agg, Supply chain operators must adapt and develop new systems to keep up with the changing face of retail and make the most of new opportunities.
“Just a few years ago, it would have been unheard of for people to go shopping on Christmas day," he said.
“But this year, astronomical numbers of tablets were received as gifts, and people got onto their devices and did just that, expecting their parcels to be delivered quickly.
“It is just one example of how dramatically shopping habits have altered, and the industry will need to innovate to fulfill changing demands.”
Agg is chairing a panel exploring the issue on April 23rd at Multimodal 2013, where he will be joined by Mark Cately, Head of eCommerce Development, Norbert Dentressangle, Joel Ray, Head of Consultancy, Transport Intelligence, and Neil Weightman, Sales Director, iForce Group, to shed light on how the industry is responding to the new retail landscape as part of the CILT seminar day at Multimodal 2013.
Ray and Weightman will present the findings of an e-retailer survey on the drivers for e-fulfilment centre development, differing warehousing requirements, and operations between e-retailers and traditional bricks and mortar outlets.
Multimodal 2013 has teamed up with The Chartered Institute of Logistics and Transport (CILT) and the Freight Transport Association (FTA) to design a series of seminars, master classes and panel discussions to run alongside the free-to-attend Multimodal 2013 exhibition.
The event is now 98% sold out, and will welcome leading logistics and supply chain names, including DSV, Autostore, Dachser, Malcolm Logistics, P&O Ferrymasters, Stena Line Freight ZIM, Port of Felixstowe, The Russell Group, The Canute Group, Wincanton, MSC, D B Schenker, LKW WALTER and DP World London Gateway.
Multimodal will once again host the Shippers' Village sponsored by Trade Extensions, which will provide dedicated meeting and networking facilities for companies including Tata Steel, Dunelm Mill, SABMiller, Cabot, Kellogg's, Mars, Tesco and Jaguar Land Rover to hold valuable supplier meetings.
Elon Musk's Boring Co. planning wider tunnels for freight
Elon Musk’s drilling outfit The Boring Company could be shifting its focus towards subterranean freight and logistics solutions, according to reports.
A Boring Co. pitch deck seen and shared by Bloomberg depicts plans to construct wider tunnels designed to accommodate shipping containers.
Founded by Tesla CEO Musk in 2016, the company initially stated its mission was to offer safer, faster point-to-point transport for people, particularly in cities plagued by traffic congestion. It also planned longer tunnels to ferry passengers between popular destinations across the US.
The Boring Co. completed its first commercial project earlier this year in April. The 1.7m tunnel system is designed to move professionals between convention centres in Las Vegas using Tesla EVs. It says the Las Vegas Convention Centre Loop can cut travel time between venues from 45 minutes to just two.
Boring Co.'s new freight tunnels
The Boring Co.'s new tunnel designs would allow freight to be transported on purpose built platforms, labelled as “battery-powered freight carriers”. The document shows that, though the containers could technically fit within its current 12-foot tunnels, wider tunnels would be more efficient. Designs for a new tunnel, 21 feet in diameter, show that they can comfortably accommodate two containers side-by-side, with a one-foot gap between them.
The Boring Co.’s new drilling machine, dubbed Prufrock, can tunnel at a rate of one mile per week, which is six times faster than its previous machine, and is designed to ‘porpoise’ - mimicking the marine animal by ‘diving’ below ground and reemerging once the tunnel is complete.
Tesla’s supply chain woes
Tesla is facing its own supply chain and logistic issues. The EV manufacturer has raised the price of its vehicles, with CEO Musk confirming the incremental hike was a result of “major supply chain pressure”. Musk replied to a disgruntled Twitter user, confused as to why prices were rising while features were being removed from the cars, saying the “raw materials especially” were a big issue.
Car manufacturing continues to be one of the industries hit hardest by a global shortage in semiconductor chips. While China’s chip manufacturing levels hit an all-time high in May, and the US is proposing a 25% tax credit for chip manufacturers, demand still outstrips supply. Automakers including Volkswagen and Audi have again said they expect reduced vehicle output in the next quarter due to a lack of semiconductors, with more factory downtime likely.
Top Image credit: The Boring Company / @boringcompany