Guest: Hamilton Galloway of Oxford Economics on the economic impacts of the forklift industry; How AI is helping logistics employees; Supply chain optimization see higher adoption rates

Our guest on this week's episode is Hamilton Galloway, head of U.S. consultancy at Oxford Economics. Many of our listeners use forklifts in their supply chain operations every day. They really are the workhorses for moving products within facilities. But you might be surprised at the impact that the forklift industry makes on the overall U.S. economy. Recently the Industrial Truck Association, the industry organization that represents the forklift industry, partnered with Oxford Economics to evaluate those economic impacts. We share the remarkable numbers of the industry's contributions to GDP, jobs, taxes, and more.Logistics companies are taking a hard look at how artificial intelligence can help their operations. This week you saw how AI is having an effect on overworked logistics employees. Are those effects good or bad? A new survey of more than 300 supply chain decision makers found that companies are prioritizing technology investments, compliance, and outsourced services to optimize their supply chains and adapt to changing regulations—specifically as they navigate today’s evolving trade and tariffs landscape. We share some of the interesting findings.Supply Chain Xchange  also offers a podcast series called Supply Chain in the Fast Lane.  It is co-produced with the Council of Supply Chain Management Professionals. All episodes are available to stream now. Go to your favorite podcast platform to subscribe and to listen to past and future episodes. The podcast is also available at www.thescxchange.com.Articles and resources mentioned in this episode:Oxford EconomicsIndustrial Truck AssociationLogistics workers have highest burnout riskReport: supply chain optimization takes center stageVisit Supply Chain XchangeListen to CSCMP and Supply Chain Xchange's Supply Chain in the Fast Lane podcastSend feedback about this podcast to [email protected] is sponsored by: KardexOther linksAbout DC VELOCITYSubscribe to DC VELOCITYSign up for our FREE newslettersAdvertise with DC VELOCITY