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Understanding NIS 2 Regulations The NIS 2 Directive is an update to the original NIS Directive enacted in 2016. This includes risk analysis, security of supply chains, and incident response capabilities. As cyber threats continue to evolve and increase in sophistication and volume, cyber resilience is critical.
As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. The Role of Robotics in the list of manufacturing trends in 2016 cannot be understated or ignored. percent annual growth.
For example, an analysis carried out by AIR on the potential impact of Hurricane Harvey on regional manufacturing found that, based on percentage of the total potential revenue loss, the top three subsectors are petroleum and coal products manufacturing (37%), chemical manufacturing (13%), and oil and gas extraction (12%).
The shipping industry of 2016 is a gross misrepresentation of what was considered “normal” shipping practices in the 1980s or 1990s. Similar to the technology in logistics trends, AIDC and RFID technology, the Internet of Things (IoT) will change in an unusual, profound ways in 2016.
Yesterday we began our two part series on 2016 supply chain trends that will drive supply chain management into the future. If you missed the first post, we encourage you to give it a read by visiting the first seven 2016 supply chain trends post here. . Supply Chain Trends 2016: 5 Additional More Areas of Focus.
2016 will be a defining year for the logistics industry , and transportation management practices must adapt to these changes. As explained by John Schultz , many modern shippers are moving towards the outsourcing of big data analysis and increasing collaboration between different logistics providers to enhance payment management.
The suppliers’ reporting period for this analysis is the quarter ended March 2016, unless stated otherwise. We track the revenues of fifteen prominent publicly traded enterprise software companies and translate financial results reported in foreign currencies to US dollars using an average exchange rate for the given reporting period.
Research issued by the American Transportation Research Institute (ATRI), the research arm of the American Trucking Associations (ATA) in its most recent “Cost of Congestion” analysis shows that congestion added roughly $74.5 billion in operational costs to the trucking industry in 2016, the most recent year for which data is available.
Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. A common theme of the 2016 predictions was growth and scalability, so let’s look at how companies are using these technologies as we prepare for the innovations of 2017.
This will be the result of rapid analysis of delivery-impacting factors, such as weather, traffic conditions, and poor tire pressure. Twitter Facebook Google+ LinkedIn The post 7 Reasons Why 2016 is the Year of Warehouse Robots appeared first on Transportation Management Company | Cerasis.
Logistics Technology Updates: Q1 2016. Ongoing investments in the logistics sector continued strong in Q1 2016, following the investment of $1.5 See Freightos’ CEO Zvi Schreiber TechCrunch analysis here. The post Logistics Technology and Startup Roundup: Q1 2016 appeared first on Freightos. The Big Picture.
For the month of April 2022, South Korean shipbuilders saw the most ship orders since 2016. According to new reports and an analysis of market research, South Korea saw 16 new vessels ordered with a total of 820,000 tons. million tons.
What happened in 2016. Take a look at the range in carrier prices for forwarders along one the world’s busiest routes (Shanghai to Long Beach, CA), in a data snapshot from mid-December 2016. Range of Carrier Prices 40’ CNSHA->USLGB, Single Day in December 2016. If one word defined ocean freight in 2016, it was overcapacity.
During 2016-2021 – Key Market Dynamic Analysis appeared first on 24/7 Customs Broker News. DUBLIN, May 10, 2019 /PRNewswire/ — The “Indonesia Cold Chain Market Outlook to 2021 – By End Users” report has been added to ResearchAndMarkets.com’s offering.…
It is one of the most… The post Customer and Product Profitability Analysis – A Must!! All too often, food and beverage companies do not analyze customer and product profitability. appeared first on Insights Center - Mazars - United States.
The analysis compares first quarter 2016 revenues to first quarter 2015 revenues. The third-party logistics (3PL) market – encompassing non-asset-based transportation, warehousing, and integrated supply chain services – witnessed a decline of 8.9 percent in organic growth.
A thorough analysis provided by the Council of Supply Chain Management Professionals , (CSCMP) in its “ State of Logistics ” report, indicates that by 2017, shippers in the U.S. However, based on Perry’s estimates, by 2016 that rate is likely to escalate to the 2014 rate. Currently, the U.S.
percent in revenues in the second quarter of 2016. The scope of this analysis includes non-asset based transportation, and warehousing services (called contract logistics in Europe). The growth was mainly driven by acquisitions. Organic growth (without the effect of acquisitions) declined by about 6.9
The process involves an analysis of large amounts of information and interviews with executives from numerous warehouse automation providers; and concludes with the publication of ARC’s Warehouse Automation & Control Market Research Study. Dematic has over 11,000 employees and 8,000 customer installations worldwide.
The project officially began in January 2016 with the following analysis: Market research, Product Portfolio, Supply Chain Structure, Demand Planning, Forecasting and Finance. The plan was to start in the UK in 2016, Germany and France in 2017 and Italy and Spain in 2018. The supply chain strategy selected Strasbourg as the hub.
Besides, these risks are much more serious (for example, there were about 134,000 reported cyber-attacks on businesses in 2017 , or almost 50 percent increase from 2016). For example, Supply & Chain Executive reported that there were 260 major natural disasters in 2016 that resulted in an economic loss of $211 billion.
Here are some excerpts from the press release : According to the report, ATA’s first in-depth examination of the driver shortage since 2015, the driver shortage eased in 2016 to roughly 36,500 – down from 2015’s shortfall of 45,000. “We
million US dollar in 2016. For doing that, chatbots are given the ability to sense and decision making based on predictive analysis. Chatbots, most of us would have experienced them while shopping online or booking a ticket. It is estimated that the Chatbot market is expected to reach around 1.25billion US dollars in 2025 from 190.8
percent from 2013-2016. Because all of the activity happens in this transportation management platform, several reports and custom analysis can be created. Let Cerasis guide you with a freight invoice analysis or a transportation management assessment and consultation. Here are the details. The growth of the U.S.
The Purchasing Managers Index has not dropped below 50 since August of 2016. October 2016, 18142.42) In August of 2016, the dry van spot market rate was roughly $1.65 Here’s how: Current State Analysis, inefficacy identification. per mile, today that number is $2.30 Future State Vision and growth plan.
When asked which region offered the greatest opportunity over the next five years, a quarter (25%) of exporters said North America (Canada/Mexico), down from 34% in 2017 and 2016. In new analysis this year, the surveyed exporters identified government contracts as an opportunity to explore global growth.
As the market continues a downward trajectory in transpacific eastbound spot rate, I can’t help but think about the commonalities between COVID-19 and the rate war which resulted in the Hanjin bankruptcy of 2016.
Approaching a demand analysis with historical data and seasonal variations is no longer competent. Brand identity, interactive marketing campaigns and differential lifestyles complicate a perfect trend analysis model. Combining regular data analysis with human touch and giving context to these results will create meaningful decisions.
When you do the analysis, women are a proven asset to organizations, as female drivers have lower turnover rates, fewer accidents and more miles logged. Data also shows that between October 2016 and May 2017, women averaged more than 7,500 miles per month, a record-breaking average that men have never reached to date.
Once the analysis was done for Year One set up, Year Two was pretty much the same. Analysis and scenario formulation lead time went from weeks to days. At the end of 2019 that supply chain covered 38 PMI owned factories, 28 third party manufacturers, and more than 180 markets. It was predictable.
percent in 2016. The sheer amount of data from the Freight Forecast and its subsequent data analysis, such as the above-mentioned trucking expenses, give rise to anxiety over how shippers will meet this growing demand. percent per year to a final market share of 18.1 Freight revenue is projected to increase by 74.5 Shippers Prepare….
According to Aon Benfield’s 2016 Global Climate Catastrophe Report, the world saw $210 billion (USD) in economic losses because of 315 separate natural disasters. In this blog, we’ll go over the economic and supply chain impacts that result from these events and how you can best prepare your supply chain.
The trend of megavessels was established as shipping companies underwent several trends between 2016 and the Covid pandemic. Two other megavessels under the deal are still under construction, while one other is still being tested before being delivered.
Suppliers use predictive analysis based on the purchasing patterns of their customers to determine the amount of raw materials needed at any moment. Warehouse planning depends on a thorough analysis of the purchasing patterns and information from your stock, suppliers, warehouses and market trends. link] Unknown.
Hanjin shut down in September 2016; Cosco merged with OOCL; CMA CGM bought Neptune Orient Lines and its SPL subsidiary; Hamburg Sud was purchased by Maersk; Hapag-Lloyd merged with UASC and MOL; and “K” Line and NYK formed the One Network Express that merges the four Japanese carriers’ container shipping divisions.
December 5, 2016 was the 225th anniversary of Alexander Hamilton’s report on manufacturing to Congress. Bureau of Economic Analysis, 2015. Bureau of Labor Statistics, Quarterly Census of Earnings and Wages, Q1 2016 data ([link]. Alexander Hamilton was an American statesman and one of the Founding Fathers of the United States.
The canal recently was expanded in 2016 to allow larger vessels pass through it. Its importance extends beyond its host country, impacting international trade, reducing shipping costs, and influencing global economic dynamics.
This happened again back in 2016 where Delta had a computer outage that cancelled thousands of flights ended up costing the airline over $150 million without counting the damage done to the brand. What are the specifics of the Gemini alliance and how will it work?
Technology advancements were among the most exciting topics to watch through 2016. So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing.
Descartes’s acquisition of Datamyne in 2016 marked their initial foray into providing a broader trade solution set; a solution said that continued to help clients with trade compliance but also included more strategic trade analysis data.
In 2016 Google’s AlphaGo AI played a game of Go against world champion Lee Se-dol and won. Common applications include facial recognition, object detection, medical image analysis, and autonomous vehicles. Common applications include machine translation, sentiment analysis, chatbots, and speech recognition.
million pallets were manufactured during the same three-year period, an increase of 12% on FEFPEB’s 2016 study. and 14%, respectively, between 2016 and 2019. FEFPEB is continually seeking to improve the collation and analysis of data on the manufacture, reuse and repair of wooden packaging and pallets.
Here are some details from the press release: With Haven TMS, Haven evolves from a logistics quote marketplace into a full-featured transportation management system (TMS) with collaboration, procurement, and analysis modules. million in premiums for cyber-specific policies in 2016, according to Advisen Ltd., Manufacturers paid $36.9
In 2016, there were 346 attacks in just one year — that’s an 8.5% In 2016, supply chain terrorism attacks were more widely distributed than in any previous year, with 38% more countries suffering attacks. This year’s report focused on the continual rise in terrorist attacks and how it will continue to affect the supply chain.
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