Skip to content
Search AI Powered

Latest Stories

inbound

"Inventory nightmares" highlight importance of good asset tracking

The consequences of failing to keep track of inventory can be dire, as these tales of woe demonstrate.

Every warehouse operator, stockroom manager, or transportation company can tell a tale or two about lost inventory or missing assets. Sometimes, the consequences are relatively minor. But in other cases, they're nothing less than dire, as these real-life examples offered by Wasp Barcode Technologies attest:

  • The Case of the Missing Radioactive Container. Back in 2010, FedEx was charged with delivering three packages containing radioactive rods used in computerized tomography (CT) scans to a hospital. When one of the packages failed to arrive at its destination, FedEx initiated a nationwide search and alerted the Nuclear Regulatory Commission. Fortunately, the package was recovered and no one was exposed to the container's low-level radiation.
  • The Case of the Vanishing Weapons. In late 2010, tens of thousands of machine guns and rocket-propelled grenade launchers that were to be provided by the U.S. military to the Afghan National Police went missing. According to an article in **ital{Stars and Stripes,} a breakdown in communications and the Afghans' own logistical shortcomings were to blame for the disappearance. Despite a search by coalition forces and the Afghan police, the whereabouts of the missing weapons remain unknown.
  • The Case of the Forgotten Medical Supply. Surgical items can blend into their surroundings during medical procedures and may be overlooked. The most common such mistake: accidentally leaving surgical sponges inside a patient, which can lead to serious infections and even death. Without some method of tracking the items, nobody knows they're missing.

Bar-code technologies can help prevent such asset-tracking nightmares, said Wasp's executives. Ultimately, they said, stories like these serve as a reminder of the importance of having a solid inventory control or asset tracking system in place—whether you're tracking AK-47s in the field or surgical supplies in the operating room.

The Latest

More Stories

Trucking industry experiences record-high congestion costs

Trucking industry experiences record-high congestion costs

Congestion on U.S. highways is costing the trucking industry big, according to research from the American Transportation Research Institute (ATRI), released today.

The group found that traffic congestion on U.S. highways added $108.8 billion in costs to the trucking industry in 2022, a record high. The information comes from ATRI’s Cost of Congestion study, which is part of the organization’s ongoing highway performance measurement research.

Keep ReadingShow less

Featured

From pingpong diplomacy to supply chain diplomacy?

There’s a photo from 1971 that John Kent, professor of supply chain management at the University of Arkansas, likes to show. It’s of a shaggy-haired 18-year-old named Glenn Cowan grinning at three-time world table tennis champion Zhuang Zedong, while holding a silk tapestry Zhuang had just given him. Cowan was a member of the U.S. table tennis team who participated in the 1971 World Table Tennis Championships in Nagoya, Japan. Story has it that one morning, he overslept and missed his bus to the tournament and had to hitch a ride with the Chinese national team and met and connected with Zhuang.

Cowan and Zhuang’s interaction led to an invitation for the U.S. team to visit China. At the time, the two countries were just beginning to emerge from a 20-year period of decidedly frosty relations, strict travel bans, and trade restrictions. The highly publicized trip signaled a willingness on both sides to renew relations and launched the term “pingpong diplomacy.”

Keep ReadingShow less
forklift driving through warehouse

Hyster-Yale to expand domestic manufacturing

Hyster-Yale Materials Handling today announced its plans to fulfill the domestic manufacturing requirements of the Build America, Buy America (BABA) Act for certain portions of its lineup of forklift trucks and container handling equipment.

That means the Greenville, North Carolina-based company now plans to expand its existing American manufacturing with a targeted set of high-capacity models, including electric options, that align with the needs of infrastructure projects subject to BABA requirements. The company’s plans include determining the optimal production location in the United States, strategically expanding sourcing agreements to meet local material requirements, and further developing electric power options for high-capacity equipment.

Keep ReadingShow less
map of truck routes in US

California moves a step closer to requiring EV sales only by 2035

Federal regulators today gave California a green light to tackle the remaining steps to finalize its plan to gradually shift new car sales in the state by 2035 to only zero-emissions models — meaning battery-electric, hydrogen fuel cell, and plug-in hybrid cars — known as the Advanced Clean Cars II Rule.

In a separate move, the U.S. Environmental Protection Agency (EPA) also gave its approval for the state to advance its Heavy-Duty Omnibus Rule, which is crafted to significantly reduce smog-forming nitrogen oxide (NOx) emissions from new heavy-duty, diesel-powered trucks.

Keep ReadingShow less
screenshots for starboard trade software

Canadian startup gains $5.5 million for AI-based global trade platform

A Canadian startup that provides AI-powered logistics solutions has gained $5.5 million in seed funding to support its concept of creating a digital platform for global trade, according to Toronto-based Starboard.

The round was led by Eclipse, with participation from previous backers Garuda Ventures and Everywhere Ventures. The firm says it will use its new backing to expand its engineering team in Toronto and accelerate its AI-driven product development to simplify supply chain complexities.

Keep ReadingShow less