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accolades: awards and recognition

  • Black gold. The International Supply Chain Education Alliance (ISCEA) has awarded the 2007 Ptak Prize for Supply Chain Excellence to Indian Oil Corp., India's state-owned oil company, and Honeywell International. Honeywell developed a supply chain solution for Indian Oil that allowed the company to take a global—instead of a local—view of its organization. This perspective has enabled Indian Oil Corp. to be more competitive.
  • A Crowning achievement. Crown Equipment Corp. has recognized two long-time members of its distribution network with its James F. Dicke Pioneer Award. The honor was presented to Gary and Joan Thompson, dealer principals for OKI Systems. OKI has distribution operations in Ohio, Indiana, and Kentucky. Two other distributors were also recognized for their performance as top dealers: Lift Stak & Stor in Minneapolis-St. Paul, Minn., and Crown Lift Trucks in LaGrange, Ill.
  • In memoriam. The Transportation Marketing & Communications Association has named the late Mike Russell as its 2007 Marketing Executive of the Year. Russell was the vice president for public affairs and press secretary for the American Trucking Associations. The award was presented posthumously to Russell, who died last year in a whitewater rafting accident.

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Mobile robots, drones move beyond the hype

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That’s according to data from Gartner’s Hype Cycle for Mobile Robots and Drones, released this week. The report shows that several mobile robotics technologies will mature over the next two to five years, and also identifies breakthrough and rising technologies set to have an impact further out.

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Cimcorp's new CEO sees growth in grocery and tire segments

Logistics automation systems integrator Cimcorp today named company insider Veli-Matti Hakala as its new CEO, saying he will cultivate growth in both the company and its clientele, specifically in the grocery retail and tire plant logistics sectors.

An eight-year veteran of the Georgia company, Hakala will begin his new role on January 1, when the current CEO, Tero Peltomäki, will retire after a long and noteworthy career, continuing as a member of the board of directors, Cimcorp said.

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Although many shoppers will return to physical stores this holiday season, online shopping remains a driving force behind peak-season shipping challenges, especially when it comes to the last mile. Consumers still want fast, free shipping if they can get it—without any delays or disruptions to their holiday deliveries.

One disruptor that gets a lot of headlines this time of year is package theft—committed by so-called “porch pirates.” These are thieves who snatch parcels from front stairs, side porches, and driveways in neighborhoods across the country. The problem adds up to billions of dollars in stolen merchandise each year—not to mention headaches for shippers, parcel delivery companies, and, of course, consumers.

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Board acquires Prevedere to build business prediction platform

The Boston-based enterprise software vendor Board has acquired the California company Prevedere, a provider of predictive planning technology, saying the move will integrate internal performance metrics with external economic intelligence.

According to Board, the combined technologies will integrate millions of external data points—ranging from macroeconomic indicators to AI-driven predictive models—to help companies build predictive models for critical planning needs, cutting costs by reducing inventory excess and optimizing logistics in response to global trade dynamics.

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Vecna Robotics names Iagnemma as new CEO

Material handling automation provider Vecna Robotics today named Karl Iagnemma as its new CEO and announced $14.5 million in additional funding from existing investors, the Waltham, Massachusetts firm said.

The fresh funding is earmarked to accelerate technology and product enhancements to address the automation needs of operators in automotive, general manufacturing, and high-volume warehousing.

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