Non-manufacturing activity in May turns in strong performance
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ALAN opens nominations for 2024 Humanitarian Logistics Awards Kenco to install an AutoStore system at its Jeffersonville, Ind., DC Schneider Electric rolling out WMS and TMS solutions from Manhattan Associates at scale Tom Panzarella appointed Chief Technology Officer at Seegrid Mallard Manufacturing joins the MacLean-Fogg family of companies More NewsGrowth in the non-manufacturing sector remained intact in May, according to the Non-Manufacturing Report on Business from the Institute for Supply Management (ISM), which was released today.
The NMI, the ISM’s index to measure growth, increased 1.1 percent in May to 56.3 for its highest level since August 2013, when it checked in at 57.9. A reading above 50 represents growth. May’s NMI is 1.8 percent higher than the 12-month average of 54.5 and represents the 52nd consecutive month of growth in the non-manufacturing sector.
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May 2024 Modern Materials Handling
A complete modernization of the sortation and conveyance at Boscov’s DC, along with updated software and a new order processing area, have transformed the ability of the department store chain’s DC to move more cartons in less time, while permitting more frequent replenishment shipment for stores.
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