Logistics, Infrastructure Take Center Stage at Summit

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Hoosiers don’t take lightly the title “Crossroads of America.”

It’s a moniker we’ve earned honestly: The state is in the heart of the Midwest and is one of the top manufacturing states in the country. Going hand-in-hand with manufacturing success are logistics and distribution, and the ability for Hoosier companies to move their goods efficiently and through cost-effective means.

We move products by sea, rail, over the road and through the air to national and global locations. More than 700 million tons of freight is moved annually in Indiana, according to the Indiana Department of Transportation.

As part of the ongoing Beyond the Bicentennial campaign, the Indiana Chamber of Commerce will release an open letter detailing the necessary policy positions for advancing the state’s Superior Infrastructure, as outlined in the Chamber’s long-range economic development plan Indiana Vision 2025. The letter, to be published on Sept. 27, will be the third in a series of four letters addressed to the major party gubernatorial candidates. Each letter details policies impacting the four drivers of Indiana Vision 2025. Additionally, the Indiana Logistics Summit will return to downtown Indianapolis on Nov. 16-17.

Keynote speaker Paul N. Jaenichen, Sr., United States Maritime Administrator, will address attendees on Nov. 17. Jaenichen was appointed to his position by President Obama in 2014 and is a retired career naval officer. He was a nuclear trained Submarine Officer in the U.S. Navy for 30 years, and will be speaking about the National Maritime Transportation Strategy and Marine highway projects.

New to the summit will be a series of educational breakout sessions. These will feature speakers on topics such as: rail, air cargo, barge and trucking industries; going global; innovation; policy; and workforce.

Early discounted registration is open until Sept. 30 (though registration will continue after that date). Visit the web site at www.indianalogistics.com for more information and to register.

UPS Offers X-PORT Challenge Prizes

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Small and medium-sized businesses with global aspirations have the opportunity to win $10,000 in export shipping with UPS. The UPS X-PORT Challenge aims to help local businesses export to international markets.

“The UPS X-PORT Challenge is an example of our commitment to innovation, global trade and entrepreneurism,” says Bill Seward, UPS U.S. International President, “Less than one percent of America’s 30 million companies export – a percentage that is significantly lower than all developed countries. And of U.S. companies that do export, 58 percent export to only one country. This competition presents an opportunity for growth-oriented businesses to expand internationally.”

Participants in the UPS X-PORT Challenge can begin the application process online. A local UPS representative will then provide the second part of the application, which gives businesses the opportunity to share their ideas for international expansion. That assessment will define the business’ specialty, degree of uniqueness, global appeal and market challenges. Applications must be received by Oct. 10, 2016.

The top 10 applicants will be invited to attend the “Pitch-Off” event on Nov. 10, 2016, in Louisville. Contestants will pitch their business to a panel of judges from the local international business community. The judges will then pick the top three finalists as prize-winners. The second and third place winners will receive $2,500 and $1,000, respectively, in export shipping.

Agents Identify Top Travel Destinations

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As the seasons change, so do the rankings of top travel destinations. So says Travel Leaders Group in its most recent nationwide survey of travel agents.

For the first time, the top rankings for domestic and international bookings belong to Maui, Hawaii and London. The 1,100-plus travel agency reps name the top destinations they are reserving for the remainder of the year. Results are based on actual booking data.
Two items in the news at various times during the year – Zika and the Brexit vote – may be contributing factors.

“The ‘Brexit’ vote and resulting fluctuation in the British pound has been incredibly favorable for American travelers, whether for leisure or business trips. While London has always been among the top international destinations on our list, this is further proof that travelers are very willing to adjust and seize upon a prime opportunity when there’s increased value in a particular destination,” states Travel Leaders Group CEO Ninan Chacko.

“Domestically, Maui has long been among the most sought after destinations for American travelers, but had never surpassed Orlando, Las Vegas or New York City for the top spot. Because the Zika virus has had an impact on some individuals’ travel decisions, particularly those who are pregnant, Maui’s positioning has been bolstered by having no cases of locally-transmitted Zika.”

The rankings:

Domestic
1. Maui, 34.1%
2. Orlando, 32.4%
3. New York City, 30.5%
4. Las Vegas, 28.0%
5. Cruise – Alaska, 25.5%
6. Los Angeles, 19.6%
7. Honolulu, 18.8%
8. San Francisco, 17.2%
9. Chicago, 14.2%
10. Washington, D.C., 12.4%

International
1. London, 31.0%
2. Cruise – Caribbean, 30.1%
3. Cancun, 29.1%
4. Rome, 23.2%
5. Paris, 17.7%
6. Cruise – Europe (river), 17.5%
7. Punta Cana, Dominican Republic, 17.5%
8. Cruise – Europe (Mediterranean), 13.6%
9. Montego Bay, Jamaica, 10.8%
10. Florence/Tuscany, Italy, 10.0%

Seventy-nine percent of agents said booking were higher or on par with last year at this time and more than 72% were optimistic about their business for the remainder of the year.

TECH THURSDAY: Overflowing With Potential

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EDITOR’S NOTE: BizVoice® has featured technology/innovation stories throughout its 18-year history. Look for these flashbacks each Thursday. Here is a 2014 favorite.

For many beer connoisseurs, wasting a frothy beverage is an offense worthy of hefty reprimand. But for bar owners, not getting the last drop to customers is a hit to the bottom line as draft beer generates their highest profit margin.

SteadyServ, based in Carmel, has developed iKeg™ technology, which features a sensor and a mobile app to tell those behind the bar exactly how much beer is left in their kegs. It also communicates when the beer was delivered and tapped, as well as its age. Previous order information, consumption trends and local weather forecasts also help managers monitor beer inventory and sales potential.

The SteadyServ office features an innovative backroom complete with a walk-in cooler, half filled with kegs at the time of this interview.

SteadyServ CEO Steve Hershberger attempts to illustrate the guessing game employees must play when determining keg capacity. He asks the BizVoice® team – a reporter and a photographer – to lift a keg and then estimate how full it is. This reporter confidently guesses 60%. And our photographer? “25%,” he ventures.

Mission accomplished. “A bar’s largest margin is draft beer – typically by a factor of two,” Hershberger quantifies. “So you’re guessing about what you spend the most money on and what delivers you the most product every single week.”

Read the full story online.

Learn more about the Indiana Chamber’s new Technology & Innovation Council. Our first meeting was in August, and was well-attended. Want to participate? Contact Mark Lawrance at mlawrance(at)indianachamber.com.

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TECH THURSDAY: Words of Advice from Business Founders

36886821EDITOR’S NOTE: BizVoice® has featured technology/innovation stories throughout its 18-year history. Look for these flashbacks each Thursday. Here is a 2013 favorite.

Lee Lewellen has concentrated on economic and business growth throughout a 30-year Central Indiana business career. Recently, that focus honed in on entrepreneurs – how they have grown their businesses and what they have learned along the way.

In a series of one-hour iFounders’ interviews, Lewellen tapped into the mindsets of 26 Indiana business leaders. They range from “veterans” such as Bill Mays (Mays Chemical) and Jeff Smulyan (Emmis Communications) to “newcomers” throughout the state, including Ryan Hou of LHP Software (Columbus) and Pete Bitar of XADS (Anderson).

“I was just incredibly humbled that these people who are very successful would spend an hour of their time talking about this,” Lewellen states. It was also a reminder of “how much really cool stuff is taking place in the state of Indiana, both in terms of the innovation and some of the connections these folks have all over the word in selling Indiana products, services and technologies. We kind of take it for granted.”

Lewellen points to Greenville-based Techshot, long known for its work with NASA and more recent diversification into different areas. “It’s out in the middle of nowhere doing some really incredible stuff. They’re there because Mark Deuser wanted to be close to where he grew up. You get a different geographic view of where people are doing these great things. It’s all about networks and mentoring.”

Read the full story online.

And learn more about the Indiana Chamber’s new Technology & Innovation Council. Our first meeting was in August, and was well-attended. Want to participate? Contact Mark Lawrance at mlawrance(at)indianachamber.com.

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Internet of Things Conference Highlights Connections

IndyIoT Event Invite

Did you know one of the first devices to be connected to the Internet was a toaster? In 1990, John Romkey and Simon Hacknett accepted a challenge to connect and control a toaster via the Internet. It was a groundbreaking feat 20 years ago – even though today you can buy a toaster that toasts the day’s weather forecast onto your breakfast.

While the name “Internet of Things” (IoT) was not yet coined in 1990, the Internet Toaster, as it became known, falls plainly under the construct of IoT: allowing connection between devices and the Internet, or between devices and devices, or between people and devices, etc.

The IoT has the potential to automate your house (control your thermostat remotely, or send your health vitals to your doctor just by stepping on the bathroom scale) and even link up entire city systems (correcting water quality or regulating traffic flow, for example).

Recently, John McDonald, CEO of Fishers-based CloudOne, addressed the Indiana Technology and Innovation Council’s inaugural meeting at the Indiana Chamber of Commerce and gave an example of the potential for IoT in everyday life: your car radio and picking up on the fact that it is 3 a.m. and you aren’t driving as safely as you had been earlier; there is a 24-hour Starbucks ahead and your payment information can be beamed to the store, with your favorite hot drink ready for you when you drive through.

While the possibilities might sound futuristic, Hoosier companies are already working on these technologies.

To celebrate and acknowledge the possibilities, the IndyIoT conference will take place on September 28 from 1-5 p.m. at Launch Fishers.

The conference brings together IoT innovators, and will highlight innovations through 15-minute burst presentations. Speakers include Michael Wollowski, Ph.D., Rose-Hulman Institute of Technology; Kip Tom, Tom Farms; Michael Coffey, Roche; and Robert Rodenbeck, Delta Faucet Company.

Follow along on Twitter at @IndyIOT or visit the web site at www.indyiot.com.

TECH THURSDAY: Innovation ‘Critical Part’ of Kosciusko Brand

k countyEDITOR’S NOTE: BizVoice® has featured technology/innovation stories throughout its 18-year history. Look for these flashbacks each Thursday. Here is a 2015 favorite.

George Robertson wanted to know the answer to a pretty significant question: “Why is a small city in Northern Indiana (Warsaw) the Orthopedic Capital of the World?”

When Robertson came on board five years ago as the first fulltime executive director of the Kosciusko Economic Development Corporation (KEDCo), he began researching but didn’t have to look far to determine the answer.

“You see it in the stories of the companies, DePuy Synthes, Zimmer Biomet and Dane Miller (founder of Biomet). You see a trend of innovation and entrepreneurship. … Why is one of the largest automated material handling companies – CTB Inc. – in Milford? It’s entrepreneurship and innovation. And it just struck me that that was a critical part of our brand,” he emphasizes.

Read the full story online.

And learn more about the Indiana Chamber’s new Technology & Innovation Council. Our first meeting was earlier this month, and was well-attended. Want to participate? Contact Mark Lawrance at mlawrance(at)indianachamber.com.

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Unfunded Burden of EPA Mandates on States Grows

Protecting the environment is a noble goal. However, when the EPA issues mandates that are not reasonable, states suffer. A new U.S. Chamber report has more:

How can states administer 96.5% of all federal delegated environmental programs when federal grants to the states fund no more than 28% of the amount needed to run the programs? The study, the eighth in a series on the federal regulatory process, concludes that instead of being the system of cooperative federalism that Congress intended, the current relationship between the Environmental Protection Agency (EPA) and the states has become one-sided, with the federal government imposing its will.

The U.S. Chamber recommends Congress take specific steps to alleviate and prevent EPA from continuing to commandeer the states. These recommendations include redefining the term “mandate” to better track the impact on the states, passing the Regulatory Accountability Act of 2015, enacting the Sunshine for Regulatory Decrees and Settlements Act, and several other actions outlined in the study.

Policy Circle Co-Hosting Women’s Influence & Liberty Event September 17

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The Policy Circle – think a book club for women to discuss policy (not politics) – and the Center for the Study of Liberty will host the Women’s Influence & Liberty half-day conference September 17 in downtown Indianapolis.

Open to all women – and particularly those who are interested in business, entrepreneurship and even those researching various policy issues – the conference will include a chance for participants to discuss policy issues with each other and policy experts during roundtable discussion breakout sessions.

Nina Easton, chair of Fortune’s Most Powerful Women International Summit, will headline as the keynote speaker. A networking reception will follow the conclusion of the event, from 6 to 7 p.m.

The Policy Circle was formed in Illinois and serves as a catalyst for women to join together and share information and opinions, having read data-driven policy briefs prior to group discussions. The non-partisan, 501©3 organization encourages women to join together and discuss policy issues to educate and engage other women in their communities. Following group discussions every other month, members can take action, such as contacting lawmakers to advocate for specific policies, or following along with proposed legislation.

The group guidelines are to leave the social issues at home, however, and follow the direction of former Gov. Mitch Daniels. He urged for a pause on social issues so everyone could focus on other pressing items, such as foreign policy and immigration, education, economic growth, free enterprise and health care.

With 23 circles in 10 states – including Indiana – and almost 900 women involved so far, the organization is growing. For more information on The Policy Circle, including how to join or start a circle, visit the web site at www.thepolicycircle.org.

The registration fee for the Women’s Influence & Liberty event is $75 and includes lunch; register online.