Third Party Logistics: The Future Is Already Here

The importance of third-party logistics (3PL) is too much for organizations to ignore them. The main reason behind this is that 3PL have a strong and dedicated workforce that have gone rigorous logistics training from logistics institutes on supply chain management courses or any other specialization in logistics courses. Large scale organizations save a lot of trouble and effort by outsourcing their supply chain management to a value added 3PL. Companies get to maximize their profit by utilizing a 3PL that provides reliable logistics advantages and have a blend of knowledge and resources, which is why it’s a common belief that third party logistics is the anticipated future. Let’s see how true it is.

Why is 3PL the future?

The advantages of 3PL were not much recognized since recently. One of them is that they have a vast resource network due to which, every procedure in the supply chain can be improvised in a much efficient and cost effective way.

3PL saves a lot of time and money on manpower recruitment and operations. It cuts down the expense of investing in a warehouse, transportation, staff, and technology. And all this comes with minimum risk but maximum returns.

3PL are experts who are best at what they do. They’re well updated with their industry and have at their disposal, cutting edge logistics technologies and efficient personnel who have undergone logistics training to run them. This helps an organization to focus on the core competencies of their company.

Using 3PL will allow your business to expand in new and unexplored regions. They always strive to make their working process cost effective, which in turn means, making your work cost effective.This way they make sure that your work is getting done the fastest and most cost effective methods.

Sophisticated management software help in analyzing and monitoring the flaws that make the logistics work dragging. One can get exposure to such software by enrolling in a logistics institute to train themselves on supply chain management courses or other logistics courses. This ensures constant improvements in the process.

Businesses are flourishing using third-party logistics with more organization opting for it every day. So, is the future here already? There is no way to say that it isn’t.

Numerous institutes are available for logistics education. Because today we have more opportunities in the Logistics and Supply Chain Management field. Choose a better logistics training course. This may be a stepping stone for your fruitful career path.

Future of Solar Power

The idea is solar power. A great concept in solar energy. The idea is to think about three concepts in sun power. The off-grid, on grid, or hybrid solar. The sun cell and solar panel harnesses the energy of the sun to create sun energy. Let’s talk about all three concepts today.

Solar is the use of technology which harnesses the sun’s light to create energy. Most commonly solar can be utilized as an energy and heating source for homes, business, boats and even automobiles. The panel is the building block for harnessing and creating energy.

The first type of grid is on-grid or grid tied solar. The on-grid system relies on sharing of power with the on-grid electrical system. Power sharing allows for efficient transition from the electric, the nuclear power plants to solar. The on-grid system could be a first step to a transition to sustainable go green, environmental friendly power.

The second type of power is off-grid solar is a completely off the grid, independent power source which utilizes the cell and solar panel to create solar energy for power and heat. The off-grid solar concept will flourish by 2050.

The third type of energy is hybrid solar. Hybrid solar combines concepts from both off-grid and on-grid solar to create power and is a concept for further academic thought and research.

Imagine a world with no fumes, gases, emissions, poisoning, nuclear reactors, electrical static or burns, electrical poles, and sun power is present in that world.

The future of solar is really the go green off-grid concept. This go green concept will replace gas power, electrical poles and nuclear power plants and is the future of energy power. The solar concept is a clean, environmental friendly energy choice.

Disadvantages of this include the transition from nuclear power plants will be initially difficult, but more cost-effective in the future. Also, some research indicates that solar energy does not have the same energy capacity or heating capacity as other energy sources.

Overall, this is a concept for further research and development. Green energy is a clean, sustainable power source for the future of energy. This is to flourish by 2050 and is a concept worth exploring. The future of solar depends on each and every one of us to consider and them implement this energy source from the concept to practice. The future is about to all of us to decide.

3D Printing: The Near Future & Market Opportunities Explored

The 3D printing process was invented by Chuck Hill in 1983, named, as ‘stereolithography’ as a technique for constructing solid entities by sequentially printing thin films of ultraviolet material over one another. This technique laid the foundation of present scenario of 3D printing. The modern definition of 3D printing can be defined as an additive engineering process to generate a physical entity from a digital source or design. Today, there are various 3D technologies and material available in the market, but all follow the same standardised procedure: a solid material from a digital design by adding consecutive layers. A typical 3D printing initiated with a forming of digitalized design file of a physical entity. The next step varies with technology and material used, commencing from system printers to melt the material and place it down onto printing platform. The time is highly dependent on the printing size, and often post-processing events. The common printing techniques include fused deposition modelling, stereolithography, digital light processing, selective laser sintering, polyjet and multijet modelling, binder jetting, and metal printing (selective laser melting and electron beam melting). The materials for printing varies by printing options, ranging from rubber, plastics (polyamide, ABS, PLA, and LayWood), ceramics, biomaterials, sandstone, metals and alloys (titanium, aluminium, steel, cobalt-chrome and nickel).

The 3D printer is advantageous as they offer construction of complex designs which cannot be produced by traditional methods, customization of products with no supplementary detailing or tooling, and no additional pricing, and creating a hope for entrepreneurs or designers in cost effective production for market testing or other needs. In addition, the traditional methods for manufacturing an entity generate a huge amount of waste of raw materials, for instance, bracket manufacturing lavish nearly 90% of the raw material. On the other hand, 3D printing manufacturing process involve minimal wastage of material and can be recycled in the next cycle.

However, the concept of 3D modelling often associated with drawbacks such as high cost of large production, restricted strength and durability, and lower quality resolution. Moreover, there are more than 500 3D printing materials available in the market, most are made from plastics and metals. However, owing to rapid technological advancement, the number of materials is increasing briskly comprising wood, composites, meat, chocolates, and so on.

As exemplified by public sources, by 2027, one tenth of world’s production will be 3D printed. Consequently, the cost of printers will drop from $18,000 USD to $400 USD in upcoming 10 years. Therefore, various companies have started their 3D printed production such as dominating shoe companies as well as in aircraft constructions. Evolving technology will create a scenario where smartphones were fortified with scanner allowing to build anything at home, for instance, China has created a complete 6-story building by using 3D printing technology.

The 3D printing has diverse applications in the fields of medical, manufacturing, sociocultural, and industrial. Based on manufacturing applications, the field is divided into agile tooling, food, research, prototyping, cloud-based additives, and mass customization. Based on medical application, the field is distributed into bio-printing devices and medicines. For instance, in August 2015, 3D printed surgical bolt device, named, ‘FastForward Bone Tether Plate’ was approved by Food and Drug Administration (FDA) for the treatment of bunion. In addition, in May 2017, the researcher of Max Plank Institute for Intelligent Systems, Germany developed a micro-machine, named, microswimmers, by using 3D printer technology of Nanoscribe GmBH, for precisely delivering drugs to the site of infection and can be controlled inside the body. Various industries have adopted 3D printing technology for manufacturing their products. For instance, Airbus SAS, France declared that its product, Airbus A350 XWB contains more than 100 3D printed components. The astronautical industries have developed a 3D printer through the collaboration of NASA Marshall Space Flight Center (MSFC) and Made In Space, Inc. for printing in zero gravity.

It’s Market

The Global 3D Printing Market is projected to reach by 2022 is USD X.X, from X.X in 2015 at a CAGR of X.X% from 2016 to 2022 as per the latest updated report available at DecisionDatabases.com. The market is segmented on basis of printer type, material type, material form, software, service, technology, process, vertical, application, and geography.

Based on printer type, the market is segmented on the basis of desktop 3D printers and industrial printers. Based on the material type, the market is segmented as plastics, metals, ceramics, and other (wax, laywood, paper, biomaterials). Based on material form, the market is segmented on the basis of filament, powder, and liquid. Based on software the market is segmented on the basis of design software, inspection software, printer software, and scanning software. Based on technology the market is segmented on the basis of stereolithography, fused deposition modelling, selective laser sintering, direct metal laser sintering, polyjet printing, inkjet printing, electron beam melting, laser metal deposition, digital light processing, and laminated object manufacturing. Based on the process the market is segmented on the basis of binder jetting, direct energy deposition, material extrusion, material jetting, powder bed fusion, vat photopolymerization, and sheet lamination. Based on vertical the market is segmented on the basis of automotive, healthcare, architecture & construction, consumer products, education, industrial, energy, printed electronics, jewellery, food & culinary, aerospace & defence, and others. Based on the application the market is segmented on the basis of prototyping, tooling, and functional parts.

By geography, the market is segmented on the basis of North America, Latin America, Europe, Asia-Pacific, and Middle-East and Africa

The factors such as high investments in Research and development (R&D), low wastage of raw material, and ease of constructing tailored products propel the growth of the market. However, the factor such as restricted availability of printer, high pricing of materials, and the dearth of skilled professionals impede the market growth.

If Our Future Is Digital, What Will Be the Biggest Advance?

Our world is full of screens. We keep them in our hands, purses and pockets, next to our beds while we sleep, and surround ourselves with screens on our desks and counter tops. What if all our screens, everywhere, were a two-way networked system that turns the Earth into a digital room with everyone in it? What if that networked system brought everyone the world’s best services, resources and knowledge based on what we do, as a normal part of everyday life?

If your future devices were continuous and serve you, your control over all your devices, and the continuous digital world they could open for you, could expand exponentially.

You switch between multiple screens. When you leave your old screen it stores “where” and “who” you are, then turns off. Your new screen recognizes you, turns on, retrieves “where” and “who” you are, puts you “there.” It is truly automatic.

All sorts of things are in front of you – with you. They could be people, services or places. They could be apps or software, digital content (books, TV shows, movies, music, recorded videos and more), games or live video from events worldwide. They could even be other devices and sources you control remotely.

Your digital life will always be on, always open, always yours. You’ll live in your “Shared Planetary Life Spaces.”

You combine anything into the digital “shared space” you want to inhabit, until you switch to a different one. Then switch again.

In fact, it’s so real that your “shared spaces” move with you across your screens, and become one of your realities. It’s the digital world you choose, where you can live. Always ready for you to use in whatever ways you want.

Much of your life is already you-centered. Next your digital life will let you become the person you’ve always dreamed of becoming.

Your digital life is a real life. Wherever you really are.

For billions of people all across the Earth, yesterday’s world isn’t succeeding well enough or fixing problems fast enough. Too many are stuck, educated, aware, capable and connected – yet locked in a limited future instead of free to soar.

Isn’t it about time that your reality was yours, continuous and under your control?

Something else future technology will offer is called Active Knowledge. What if the best knowledge, tools, resources and opportunities to succeed could be delivered as part of what we do every day, as we use our screens? Everyone could become able to perform as well as the best in the world.

Then, with a universal interface, everyone could surpass the physical world’s limits from anywhere. It won’t matter whether you’re in Silicon Valley or a small village in Africa.

You will be a global person who connects everywhere. The whole world and its best knowledge and resources will be local to you, at your fingertips, under your control.

Everyone could rise to the top.

Is it time to expand today’s limited devices, and expand today’s limited world? Should we begin a digital world where everyone could choose to be their best, where greatness could be normal?

This won’t happen overnight. But unlike any generation before in history, we know how to design and build our dreams.

One day greatness will be in our grasp. But rather than waiting, can we reach it now?

This article is an excerpt from the new book Imagine A New Future: Creating Greatness for All. See http://imagineanewfuture.com