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17 Years Later, We Still Have Something to Learn From the 2008 Financial Crisis: Why Data Transparency Is Critical in Transportation and Supply Chain Imagine flying a plane without radar, relying only on gut instinct and outdated weather reports. SONAR’s goal was never to compete against incumbent rate and data providers.
Last week, I posted on X a chart from SONAR, based on Federal Motor Carrier Safety Administration (FMCSA) data, showing that independent owner-operators are capturing a growing share of the trucking industry at the expense of larger fleets. Freight brokerage and technology have lowered barriers to entry, and this trend is likely to persist.
They talk about the growing popularity of podcasts in the logistics industry and how podcasting can be a helpful tool for professionals to stay up-to-date on industry trends and insights. Blythe is the Founder of Digital Dispatch and the Host of Cyberly, an influential podcast on the Freightwaves platform. 00:15:50] Picking podcast guests. [00:17:09]
In this blog, we'll walk you through how to calculate fuel surcharges on freight, track pricing trends, audit your shipping bills, and work with the right 3PL partner to keep your costs under control. Fuel prices don't just rise and fall randomly — they react to global events, supply and demand, and long-term market trends.
As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. Manufacturing Business Technology recently wrote the 5 e-commerce trends for 2016 for manufacturers to look at that include: Manufacturers will seek to increase their share of aftermarket parts sales. E-Commerce for Manufacturing.
The data reveals which of the world’s most famous and successful companies have taken position in the top 10, and who has worked to invest in high-quality developments in order to become the world’s supply chain champions. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. GET YOUR COPY HERE.
The data analyzed within today’s freight market goes back to the beginning of digital transformation. In regard to the freight situation between 2008 and 2016, Trucking info.com noted how rates evolved from “since the bottom of that recession, contract prices have averaged a 1% quarter-over-quarter growth (annualized). Consider this.
I threw in a healthy dose of interesting (globalization, shipping trends and the business of logistics), a dash of history (the evolution of longitude), a sprinkle of next generation manufacturing (lean manufacturing) and some great company success stories (FedEx, Walmart. I think you’ll like the list too. trillion dollars worth of goods.
Cloud & Big Data. Discuss the latest trends and solutions across the supply chain management landscape. Main | E-retailers exploring same day delivery » Social Media in Supply Chain.the new trend! Social Media in Supply Chain.the new trend! December 2008. November 2008. October 2008.
Prologis Research continues to leverage decades of industry experience and proprietary data, as well as unique insights from its 114-million-square-metre global portfolio and 6,700 customers to provide the following forecasts. Construction costs rose by 5-10% during 2023 in most geographies, with an exception in Europe.
Historical Data on TMS Adoption May Be Lower Than Reported. In 2008, statistics involving TMS adoption rates ranged from 20 to 30 percent. Meanwhile, 2008 was a time when the deployment of cloud-based technologies was in infancy, so some companies may not have understood survey questions and their applicability to existing operations.
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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. Filling the Skills Gap.
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In my home state of Massachusetts, which decriminalized small amounts of recreational marijuana in 2008 and fully legalized recreational marijuana in 2019, recreational cannabis prices have plummeted due to a massive shift in supply and demand.
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 2008, managers from the Otto Group and Feindt founded the software company Blue Yonder. JDA Software bought the company in 2018.
It is continually important to be proactive about identifying capacity trends and daily shipping reality. Examining and sharing inventory forecast data with supply chain partners can help you be proactive with your international transportation partners in order to get the space you need.
In my home state of Massachusetts, which decriminalized small amounts of recreational marijuana in 2008 and fully legalized recreational marijuana in 2019, recreational cannabis prices have plummeted due to a massive shift in supply and demand.
Cloud & Big Data. Discuss the latest trends and solutions across the supply chain management landscape. « Delivering the Goods in Online Grocery Business | Main | Scheduling Order Release Process Intelligently » Fulfillment Options - Recent Trends. Social Media in Supply Chain.the new trend! December 2008.
So with all of that said, the most popular freight blog posts written in 2016 and that have received the most views so far echo what we saw with the previous blog posts: trends and changes in the industry we all must be aware of in order to maximize our shipping practices. 5 Most Popular Freight Blog Posts of 2016.So We hope you enjoy!
A data pool of thousands of FCL quotes created each month, makes for a generous sample. What’s more, without much real accountability so far, it seems likely that many of the weights may be estimates, rather than hard data. Reliable data flows may not be in place. They also stand to benefit too from a bumpy take-off.
Cloud & Big Data. Discuss the latest trends and solutions across the supply chain management landscape. Main | Social Media in Supply Chain.the new trend! There are heaps of operational data in the raw format and in some cases even well processed data such as vibration analysis, chemical analysis etc.
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times global GDP growth, reversing the recent downward trend that has seen the multiplier drop to below 1.0 According to Freightos data, despite several carriers pushing back some deliveries until next year, the global containership fleet is still expected to grow by 5.6%. You can reach him directly at [email protected].
Cloud & Big Data. Discuss the latest trends and solutions across the supply chain management landscape. The resulting solution set focuses on master data management, demand planning and replenishment management systems, and the sequence in which they must be implemented. Social Media in Supply Chain.the new trend!
Cloud & Big Data. Discuss the latest trends and solutions across the supply chain management landscape. Analytics Analytics means scientific and systematic analysis of data. Analytics makes extensive use of mathematics and statistics to convert raw data into a meaningful data which can augment decision making process.
Is it possible to reverse the offshoring trend to protect Australia from similar situations in the future, and if so, at what cost? Before attempting to answer such questions, it’s helpful to look in a little detail at the drivers behind the offshore manufacturing trend. Can a Re-shoring Drive Reverse the Outsourcing Trend?
Blockchain in Logistics: Discover its Advantages and Applications | Image source: Pexels The widespread acceptance of disruptive technologies, including blockchain, has expedited the global trend toward digital transformation. The rise of cryptocurrency has given this invention much more significance.
Cloud & Big Data. Discuss the latest trends and solutions across the supply chain management landscape. Though I have attended all Pulse events since its inception in 2008 (last year I gave it a miss), it still looks new every year. Social Media in Supply Chain.the new trend! December 2008. November 2008.
Cloud & Big Data. Discuss the latest trends and solutions across the supply chain management landscape. Systems not only need to be able to collaborate and provide data rich solutions but at the same time be nimble when expansion and changes occur. Business Process Outsourcing. Customer Service. Finance & Accounting.
Cloud & Big Data. Discuss the latest trends and solutions across the supply chain management landscape. « Social Media in Supply Chain.the new trend! Social Media in Supply Chain.the new trend! December 2008. November 2008. October 2008. September 2008. Business Process Outsourcing.
Cloud & Big Data. Discuss the latest trends and solutions across the supply chain management landscape. Social Media in Supply Chain.the new trend! December 2008. November 2008. October 2008. September 2008. Business Process Outsourcing. Customer Service. Finance & Accounting. Human Resources.
Cloud & Big Data. Discuss the latest trends and solutions across the supply chain management landscape. Direct integration reduces the potential for data errors because there is no database sitting between the ERP system and the voice terminals. Social Media in Supply Chain.the new trend! December 2008.
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Cloud & Big Data. Discuss the latest trends and solutions across the supply chain management landscape. Automated Workforce Management is an emerging trend in highly competitive and price sensitive Service industry. Social Media in Supply Chain.the new trend! December 2008. November 2008. October 2008.
Cloud & Big Data. Discuss the latest trends and solutions across the supply chain management landscape. One such reason was lack of quality data in the EAM systems. Also, very often, I see clients mentioning about data cleansing, data enrichment and master data management issues in their existing EAM applications.
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Cloud & Big Data. Discuss the latest trends and solutions across the supply chain management landscape. That made me getting into discussing with product managers of couple of Asset Management software providers, about the market trends, technical feasibility, clients preferences etc. Business Process Outsourcing.
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Since the collapse of the housing market and the economy in 2008, the freight transportation industry has managed to claw its way out of a damaging situation and maintain historically low trucking rates. Especially when it comes to applying big data to solve the largest problems facing the trucking industry. Read the full article here.
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Cloud & Big Data. Discuss the latest trends and solutions across the supply chain management landscape. The team was suspecting a leakage on a recently refurbished pipe cross-section resulting in pressure drop of steam driving the turbine thereby causing a downward trend in speed. Social Media in Supply Chain.the new trend!
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