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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%).
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.
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.
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.
Over the last 12 months, many exporters changed their exporting strategy due to trade agreements and policies (32%) as well as political instability (28%). 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.
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. Uncertainty and volatility: both events caused businesses to reconsider their contingency plans, strategies, and priorities.
According to McKinsey , the value of goods traded globally has tripled to more than US$10 trillion since 2000, and because of recent events, they are having to re-evaluate supply chain strategies. Unfortunately, the state of disruption to the current landscape has never been contemplated and very few strategies exist to navigate it.
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.
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 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.
Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.
Jackson Wood, director of industry strategy for global trade intelligence at Descartes. I had interesting conversations with Jackson Wood- director of industry strategy for global trade intelligence at Descartes, and Linda McKee – director of solution management for global trade services at SAP. Both are leaders in this market.
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. Load Planning and Consolidation Scope and Strategy. Network Optimization.
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….
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.
To do this, it is necessary to adapt to each type of customer, segmenting them in order to define specific strategies that are adjusted to each type of client. Suppliers use predictive analysis based on the purchasing patterns of their customers to determine the amount of raw materials needed at any moment. link] Unknown.
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.
Supply chains are ‘strangling strategy’, with the movement of commodities so significant an issue that logistics is securitising. [1] The first batch of containers was accepted in May 2016, with the final batch coming off the assembly line in June 2016, well ahead of the contracted delivery date. 1] Beaumont, D., 2] Beaumont, D.,
We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. Approaching a demand analysis with historical data and seasonal variations is no longer competent. Every step of the way can use predictive analysis. billion by 2022.
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.
The shift marks a return to the “just-in-time” inventory management strategy many companies had employed before pandemic-driven product shortages and volatile shifts in consumer demand prompted a switch to a “just-in-case” stockpiling approach. December transits fell 4.7% versus October.
Supply chain strategy is critical to business success, but is often underestimated in its importance and hence receives less strategic attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.
At the close of 2016, the 21 st Annual Third-Party Logistics Study found the overall use of third-party logistics providers ( 3PLs ) is increasing, but the types of logistics services utilized indicate the industry is entering a shift in how it operates.
A 2010 report by the Global Commerce Initiative and Capgemini entitled “ 2016 Future Supply Chain ” suggested that the new distribution network would look like this: Such a network is only going to happen through the extensive use of mobile technology in transportation management and accompanying software. Manage regulatory compliance.
As the supply chain grows increasingly focused on meeting the demands of an increasingly data-driven and customizable world for consumers and business to business partners, the need for continual improvement and better visibility will continue to drive analysis of available supply chain analytics.
In 2016, total e-commerce sales reached $394.9 This pairs well with omnichannel sales strategies as well. Visibility in your warehouse requires dedicated asset tracking, data collection, analysis and application, and continuous improvement across all employees and operations. Focus on Visibility and Lean Warehouse Practices.
As explained in a recent interview, “ 2016 Telecommunications Industry Outlook ,” with Craig Wigginton , vice chairman of Deloitte & Touche LLP, “mobile devices and related broadband connectivity continue to be more and more embedded in the fabric of society today.
Predictions for transportation management in 2016 highlighted growing stress and concern. Trucking Regulations Exploded in 2016. There were many trucking regulations set to come up for discussion and possible passage by Congress in 2016, but the actual number supersedes even the modest of predictions. and 5 a.m.
Over the last 12 months, many exporters changed their exporting strategy due to trade agreements and policies (32%) as well as political instability (28%). 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 2016, the Australian Government released its 2016 Defence White Paper and the supplemental Defence Industry Policy Statement. Sovereign Defence Industry Capabilities, Independent Operations and the Future of Australian Defence Strategy , ANU College of Asia & the Pacific, 2017, p 2. [2] By David Beaumont.
Data collection, analysis, and appropriation will be defining factors for manufacturers this year. The Industrial Revolution gave birth to the concept of statistical quality reporting, the ultimate precursor to all data processing and analysis aspects in business. Why Are Advanced Analytics Becoming Popular With Manufacturers?
Locus was separated out of Quiet in 2016 and became its own company. In the final analysis, in the two or three years a rival takes to bring a me-too product to market, if your company continues to innovate, “you will retain that unfair advantage.”. Locus Robots in the Warehouse.
In fact, we will release next week our first e-book of 2016 (of a monthly series of e-books) which will highlight several areas for shippers to focus on in order to create an effective transportation and logistics management strategy. . Why Benchmarking Alone Isn’t Enough for Proper Transportation Cost Analysis.
In this case, the manufacturer was able to predict potential problems with attaining product, formulate an alternative strategy for obtaining needed raw materials, and ensure output and transit remained stable. That answer is the IoT.
Marketing in Logistics: 4 Elements of the Market Research Phase in a Sound Digital Marketing Strategy. What are The Elements of a SWOT Analysis? Happy New Year! Why use a Third Party Logistics Provider and How to Implement a Successful 3PL Project. 6 Benefits of Logistics Automation in a Transportation Management System.
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.
Data analysis and predictive modeling are just the beginning of the industry’s new bag of tricks. While 2017 was certainly better than 2016, it’s still going to be a slog to get back to the post-recession era. Digitization incorporates many different strategies ranging from a focus on hiring to technology investment strategies.
Unfortunately, the capacity crunch is real, and shippers need to know how to face the prospects of a slower 2016 to stay competitive and meet the demands of their customers and partner businesses. 2016 is not the year that capacity will break, or it does not yet appear to be headed in that direction. Capacity Is Tight, Not Impossible.
The Path to Cost Reduction: Intel decided to try what was considered an unlikely supply chain strategy for the semiconductor industry: make to order. Aside from having too many disparate and redundant processes, the company had multiple IT solutions, none of which provided a holistic view of the supply chain or supported focused analysis.
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