OCONOMOWOC, Wis. — March 2, 2023 — ORBIS® Corporation, an international leader in reusable packaging, will highlight its integrated portfolio of products and services to help companies drive supply chain sustainability and efficiency at this year’s ProMat in Chicago, March 20-23.
Located at Booth S4104, products showcased will include reusable pallets, bulk containers and totes designed for automated warehouses. ORBIS also offers a range of services to support companies as they make the switch from single-use packaging to reusable packaging. ORBIS Reusable Packaging Management (RPM), part of ORBIS Corporation, offers a full range of packaging management services that extend the useful life of packaging for a more sustainable supply chain. Services include management, cleaning, sorting, asset tracking and analytics. Additionally, ORBIS has an engineering services team that conducts analysis and provides expertise needed to ensure a smooth conversion to reusable packaging, as well as a rapid return on investment.
“We are excited to feature our integrated approach to helping companies improve the flow of product in their supply chain,” said Bob Petersen, ORBIS Corporation senior director, marketing. “Our products, plus our team’s expertise and insight, bring today’s companies significant supply chain efficiency. Showcasing our newest innovations in reusable supply chain packaging lets our customers know our dedication to their work and our planet.”
With sustainability and efficiency in mind, these are the products ORBIS will highlight at this year’s ProMat:
The NEW 40x48 Odyssey® Low Profile (LP) pallet
This dimensionally consistent, robust pallet is designed to provide repeatable performance with automated equipment. With the same stability and unique features of the original 40X48 Odyssey pallet, the new low-profile 5.6-inch height aims to bring the added benefit of seamlessly integrating with alternate pallets in existing pallet pools. The Odyssey LP pallet is a robust solution that improves load stability with steel reinforcements and molded-in frictional elements that minimize load shifting, product load damage and pallet slippage off material handling equipment.
AROS® container for automated storage
The ML6545-325 handheld container is part of the Automated Reusable Optimized Solutions (AROS) line designed for seamless integration into automated systems to facilitate the efficient transfer, storage and organization of merchandise. With the largest cubic density of any container in its standard footprint, the ML6545-325 handheld container provides an innovative design, compliant to FM Global Data Sheet 8-34, to ensure the container interfaces seamlessly with today’s high-speed systems. Complete with a variety of key features that optimize their use in automated storage systems, the AROS product line is designed for compatibility with a variety of automated system features commonly found in e-commerce, retail and consumer packaged goods operations.
400+ trip 40x48 Odyssey pallet
The 40x48 Odyssey pallet provides stability with unique design features, including optional steel reinforcements and molded-in frictional elements. These elements minimize load shifting, do not damage cases or product, and prevent pallet slippage off fork equipment. The Odyssey pallet also is a highly durable and sustainable solution, with 36 times the life span of a 40x48-inch whitewood stringer pallet, according to a recent study. In FasTrack life-cycle analysis testing, the Odyssey plastic pallet completed at least 400 cycles through the supply chain without failure, compared with the wood pallet’s 11 cycles.
Collapsible racks for part shipments
ORBIS’ custom collapsible racks combine the durability of steel with the flexibility of collapsing when parts have been unloaded. This custom metal solution can efficiently save two to three times the space when empty, which reduces return freight costs. This design can be used for storing and transporting lightweight products, as well as products that are generally used in other hanging bag rack solutions. Collapsible metal racks can be customized with different ORBIShield® dunnage solutions for part protection.
Reusable Packaging Management
In today’s complex supply chains, it’s critical that packaging is available where and when you need it. ORBIS RPM services significantly reduce the time and effort required to track, retrieve, clean and inventory packaging assets in a wide variety of industries, including industrial, food and beverage products, and consumer packaged goods. The ORBIS RPM team works to analyze supply chains holistically to determine the best management program. By using data, ORBIS handles inspection, sorting and even product refurbishment to ensure the supply chain is as efficient as possible.
Packaging Life-cycle Assessments
ORBIS helps companies calculate the impact reusable packaging can have on the environment. Using life-cycle assessments to compare reusable and single-use packaging, ORBIS applies data-driven analysis to help customers reduce their overall environmental impact in terms of greenhouse gas emissions, solid waste and energy usage. ORBIS will conduct packaging assessments at the booth during ProMat.
About ORBIS Corporation
With more than 170 years of material handling expertise and 65 years of plastics innovations, ORBIS helps world-class customers move their product faster, safer and more cost-effectively with reusable totes, pallets, containers, dunnage and racks. Using a proven approach, ORBIS experts analyze customers’ systems, design a solution and execute a reusable packaging program for longer-term cost savings and sustainability. Using life-cycle assessments to compare reusable and single-use packaging, ORBIS also helps customers reduce their overall environmental impact. ORBIS is a part of Menasha Corporation, one of the oldest family-owned manufacturers in the United States.
Specifically, 48% of respondents identified rising tariffs and trade barriers as their top concern, followed by supply chain disruptions at 45% and geopolitical instability at 41%. Moreover, tariffs and trade barriers ranked as the priority issue regardless of company size, as respondents at companies with less than 250 employees, 251-500, 501-1,000, 1,001-50,000 and 50,000+ employees all cited it as the most significant issue they are currently facing.
“Evolving tariffs and trade policies are one of a number of complex issues requiring organizations to build more resilience into their supply chains through compliance, technology and strategic planning,” Jackson Wood, Director, Industry Strategy at Descartes, said in a release. “With the potential for the incoming U.S. administration to impose new and additional tariffs on a wide variety of goods and countries of origin, U.S. importers may need to significantly re-engineer their sourcing strategies to mitigate potentially higher costs.”
The new funding brings Amazon's total investment in Anthropic to $8 billion, while maintaining the e-commerce giant’s position as a minority investor, according to Anthropic. The partnership was launched in 2023, when Amazon invested its first $4 billion round in the firm.
Anthropic’s “Claude” family of AI assistant models is available on AWS’s Amazon Bedrock, which is a cloud-based managed service that lets companies build specialized generative AI applications by choosing from an array of foundation models (FMs) developed by AI providers like AI21 Labs, Anthropic, Cohere, Meta, Mistral AI, Stability AI, and Amazon itself.
According to Amazon, tens of thousands of customers, from startups to enterprises and government institutions, are currently running their generative AI workloads using Anthropic’s models in the AWS cloud. Those GenAI tools are powering tasks such as customer service chatbots, coding assistants, translation applications, drug discovery, engineering design, and complex business processes.
"The response from AWS customers who are developing generative AI applications powered by Anthropic in Amazon Bedrock has been remarkable," Matt Garman, AWS CEO, said in a release. "By continuing to deploy Anthropic models in Amazon Bedrock and collaborating with Anthropic on the development of our custom Trainium chips, we’ll keep pushing the boundaries of what customers can achieve with generative AI technologies. We’ve been impressed by Anthropic’s pace of innovation and commitment to responsible development of generative AI, and look forward to deepening our collaboration."
Specifically, the new global average robot density has reached a record 162 units per 10,000 employees in 2023, which is more than double the mark of 74 units measured seven years ago.
Broken into geographical regions, the European Union has a robot density of 219 units per 10,000 employees, an increase of 5.2%, with Germany, Sweden, Denmark and Slovenia in the global top ten. Next, North America’s robot density is 197 units per 10,000 employees – up 4.2%. And Asia has a robot density of 182 units per 10,000 persons employed in manufacturing - an increase of 7.6%. The economies of Korea, Singapore, mainland China and Japan are among the top ten most automated countries.
Broken into individual countries, the U.S. ranked in 10th place in 2023, with a robot density of 295 units. Higher up on the list, the top five are:
The Republic of Korea, with 1,012 robot units, showing a 5% increase on average each year since 2018 thanks to its strong electronics and automotive industries.
Singapore had 770 robot units, in part because it is a small country with a very low number of employees in the manufacturing industry, so it can reach a high robot density with a relatively small operational stock.
China took third place in 2023, surpassing Germany and Japan with a mark of 470 robot units as the nation has managed to double its robot density within four years.
Germany ranks fourth with 429 robot units for a 5% CAGR since 2018.
Japan is in fifth place with 419 robot units, showing growth of 7% on average each year from 2018 to 2023.
Progress in generative AI (GenAI) is poised to impact business procurement processes through advancements in three areas—agentic reasoning, multimodality, and AI agents—according to Gartner Inc.
Those functions will redefine how procurement operates and significantly impact the agendas of chief procurement officers (CPOs). And 72% of procurement leaders are already prioritizing the integration of GenAI into their strategies, thus highlighting the recognition of its potential to drive significant improvements in efficiency and effectiveness, Gartner found in a survey conducted in July, 2024, with 258 global respondents.
Gartner defined the new functions as follows:
Agentic reasoning in GenAI allows for advanced decision-making processes that mimic human-like cognition. This capability will enable procurement functions to leverage GenAI to analyze complex scenarios and make informed decisions with greater accuracy and speed.
Multimodality refers to the ability of GenAI to process and integrate multiple forms of data, such as text, images, and audio. This will make GenAI more intuitively consumable to users and enhance procurement's ability to gather and analyze diverse information sources, leading to more comprehensive insights and better-informed strategies.
AI agents are autonomous systems that can perform tasks and make decisions on behalf of human operators. In procurement, these agents will automate procurement tasks and activities, freeing up human resources to focus on strategic initiatives, complex problem-solving and edge cases.
As CPOs look to maximize the value of GenAI in procurement, the study recommended three starting points: double down on data governance, develop and incorporate privacy standards into contracts, and increase procurement thresholds.
“These advancements will usher procurement into an era where the distance between ideas, insights, and actions will shorten rapidly,” Ryan Polk, senior director analyst in Gartner’s Supply Chain practice, said in a release. "Procurement leaders who build their foundation now through a focus on data quality, privacy and risk management have the potential to reap new levels of productivity and strategic value from the technology."
Businesses are cautiously optimistic as peak holiday shipping season draws near, with many anticipating year-over-year sales increases as they continue to battle challenging supply chain conditions.
That’s according to the DHL 2024 Peak Season Shipping Survey, released today by express shipping service provider DHL Express U.S. The company surveyed small and medium-sized enterprises (SMEs) to gauge their holiday business outlook compared to last year and found that a mix of optimism and “strategic caution” prevail ahead of this year’s peak.
Nearly half (48%) of the SMEs surveyed said they expect higher holiday sales compared to 2023, while 44% said they expect sales to remain on par with last year, and just 8% said they foresee a decline. Respondents said the main challenges to hitting those goals are supply chain problems (35%), inflation and fluctuating consumer demand (34%), staffing (16%), and inventory challenges (14%).
But respondents said they have strategies in place to tackle those issues. Many said they began preparing for holiday season earlier this year—with 45% saying they started planning in Q2 or earlier, up from 39% last year. Other strategies include expanding into international markets (35%) and leveraging holiday discounts (32%).
Sixty percent of respondents said they will prioritize personalized customer service as a way to enhance customer interactions and loyalty this year. Still others said they will invest in enhanced web and mobile experiences (23%) and eco-friendly practices (13%) to draw customers this holiday season.