Research: DHL identifies new business and technology trends
DHL has produced the Logistics Trend Radar 2014, highlighting trend developments and summarising them in a report format. Here are the main talking points from the company findings.
Empowered by big data predictive algorithms, logistics providers can significantly boost process efficiency and service quality by speeding up delivery time and enhancing customer intimacy, as well as optimizing capacity and network utilization.
De-stressing the supply chain
Complex supply chains and vulnerable customer demands require the right mix of transportation modes and services. Tactical ‘slow-downs’ of the entire supply chain or parts of it on a day-by-day basis contribute to optimally balancing the supply chain as well as reducing costs in storage and warehousing.
The next generation of retail concepts such as cross, multi and omni-channel commerce requires logistics networks tailored to the needs of each single channel. This includes cost efficient, high-quality services achieved through the intelligent use of standard logistics networks and assets.
Localisation and location intelligence
These types of intelligence offer critical insight to enterprises, enabling better operational and strategic decision making. They also support automatic process improvement and applications automation.
Crypto-currencies and crypto-payment
Started by an underground community in the 1990s, crypto-currencies and crypto-payment have evolved to become a significant trend with strong potential as a serious alternative to the established financial infrastructures of governments, banks, and credit card companies.
Beyond the hype, wearable devices (together with responsive environments and contextual apps) will in the long run significantly change the way we work and manage our lives. Therefore, enterprises need to develop strategies for adoption of wearable devices at an early stage.
For the full report, visit http://www.dhl.com/en/about_us/logistics_insights/dhl_trend_research/trendradar.html
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