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Original article: PODCAST: Modern Courier Delivery Compliance Considerations: Understanding SOX and SOC Compliance Logistics and supply chain are some of the world’s most complex and regulated industries, which has been further compounded by increasing reliance on data and technology in both fields. What Is SOC Compliance?
Bouncing back more quickly, said experts, will require supply chain managers to turn to new ways of managing the supply chain, including using Internet of Things (IoT) data, analytics and machine learning (ML). And while during the SARS epidemic of 2002 and 2003, China represented 4.3% And again, data quality is a huge concern.
the combined ports have experienced a 22-percent loss of market share since 2002, mainly to ports along the eastern seaboard. The MOU between the two hopes to reverse that trend as the ports pledge their cooperation in five specific areas: Digital connectivity. While Los Angeles-Long Beach comprises the largest port complex in the U.S.,
Since you, as a shipper, rely on having the most accurate information available and applicable to your operation, understanding the trends identified in the third party logistics study can help your business grow throughout 2017. One of the most surprising facts revealed in the 21 st study revolves around global logistics trends using 3PLs.
Virtually all of those startups disappeared by 2002 — they either burned through all of their investment money or were acquired by bigger fish. Toyota is using MacroPoint’s data to drive continuous improvement in route designs, manage “external crises” more effectively (e.g.
The scientist is considered an expert in data-driven software development, learning effects through data analysis and the development of new algorithms and tools in Big Data environments. In 2002, he founded a company to transfer his inventions in the field of predictive analytics from science to business.
Industry data for 2004 - 2013 shows an annual loss of at least $17 billion due to vacant positions, with shocking losses of around $45 billion in both 2012 and 2013. Averting this outcome depends upon business leaders and government policymakers to actually implement measures to reverse the present trend. Annually, 3.2 - 3.5
Macroeconomic trends, combined with intensifying supply chain complexity, means demand for 3PLs is increasing, Armstrong & Associates said, pointing out that the market grew 10.5 billion, and it’s on track to exceed $200 billion in revenue in 2019. The report includes data on the most common sales processes and contract lengths.
Since 2002, Armstrong & Associates has surveyed 3PL managers and shippers to identify the most recognizable brands in third-party logistics. . He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. The market grew 10.5% in 2017 to $184.3 Subscribe today.
Data from the Consumer Product Safety Commission (CPSC), however, do allow us to take a partial look at recalls by country. These recall counts point to sizeable growth over the past decade in the recall notices of Chinese-made consumer goods from 58 in 2002 to 153 in 2014. In contrast, there were 47 recall notices of U.S.-made
I decided to review the container throughput data on the four largest West Coast ports to get a better sense of changes in volumes and the degree to which each port supported the West Coast container volumes. Source: Ports of LA, Long Beach, Oakland, Seattle-Tacoma. There were 12 days of ships sitting, waiting for berth.
Those same words were also said when the ports were shut down for 10 days in 2002 , and again in December 2012 when 600 clerks went on strike , shutting down the ports of Los Angeles and Long Beach for 8 days. Celect uses comparisons between products derived from transactional, inventory, and online browse data to model choice.
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