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Twice the Council of Supply Chain Management Professionals has formally recognized him: the Doctoral Dissertation Award in 1996 and the Distinguished Service Award in 2016. Chris was named the Silver Family Research Fellow in 2016.
By incorporating telematics and dash cam data from its customers into its integrated risk management model, HDVI is able to select, price, manage, and retain risk more accurately and efficiently than incumbent commercial auto insurance providers.
Jeff Flowers is the Chief Operating Officer of OneRail , a final mile delivery orchestration platform providing real-time visibility, actionable data, and data-driven optimization capabilities for its enterprise clients. Companies can meet these challenges by partnering with OneRail. About Jeff Flowers.
At the onset of 2016, we identified key trends to watch for in manufacturing, and as the year draws to a close, it’s time for an evaluation of our predictions to discover the state of manufacturing. Since e-commerce can be best analyzed by reviewing Cyber Monday 2016, consider the record-breaking sales achieved.
CONA is a strategic partner that provides its bottlers with a common set of processes, data standards, and technology platforms. While they are separate and independently-owned organizations, they agreed with The Coca-Cola Company to come on to a common data platform with common data standards.
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. Manufacturers will be able to improve their inventory due to the information presented by both supply chain and operations data.
The shipping industry of 2016 is a gross misrepresentation of what was considered “normal” shipping practices in the 1980s or 1990s. Automatic identification and data capture ( AIDC ) technology will become more prevalent as RFID sensors and Bluetooth technologies are implemented throughout the logistics industry.
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.
Rather than trying to figure out what is and is not causing problems, you need to know a few basic facts about how the truck driver shortage will evolve in 2016. From May 2014 to January 2016, many trucking companies increased their wages. Drivers Will Drive for Fewer Hours to Meet Regulations.
I’m happy to say that 2016 looks even more promising! Some of these customers include: General Motors – The biggest car plant of GM worldwide (located in Spain), will use AIMMS to monitor all inbound part movements and suggest and optimize the best alternatives in cases where parts are not meeting scheduled production sequences.
I’m happy to say that 2016 looks even more promising! Some of these customers include: General Motors – The biggest car plant of GM worldwide (located in Spain), will use AIMMS to monitor all inbound part movements and suggest and optimize the best alternatives in cases where parts are not meeting scheduled production sequences.
2016 will be a defining year for the logistics industry , and transportation management practices must adapt to these changes. Outsourcing of Freight Data and Payment Management. Software-as-a-service (SaaS) systems help shippers meet the same criteria in terms of the data analysis, analytics, and payment management.
Take a look at some of the top trends to expect in 2016 for the logistics industry and how they will inherently relate to the merger and acquisition trends. While many 3PLs may not want to share data, sharing data is rapidly becoming the norm. 3PLs Will Expand Services.
Today marks the official halfway point of 2016 and that means it's time for our "Top Posts for the first half of the year" annual event. 5 Most Popular Freight Blog Posts of 2016.So What are your favorite Freight Blog Posts from the Cerasis blog for 2016? 9 KPIs to Track for Proper Freight Management.
The push toward a more efficient, data-driven supply chain will result in more competition among companies. Newer technologies make up one of the most exciting parts of the supply chain to watch in 2016. E-Commerce & OmniChannel Solutions Continue to Drive Competition.
But dedicated managers have found a solution to help improve this part of delivery: data. Data is generated in all parts of last-mile delivery, and analysis of this information can help companies become proactive rather than reactive with their delivery methods. Benefits of Data for Last-Mile Delivery.
As a result, today's logistics providers must meet the demands of both a physical and a digital marketplace. Reduced Errors and Need For Reverse Logistics - The ability of robots to log huge sums of data and review this data for errors with pinpoint accuracy will lead to an unparalleled reduction in errors.
What happened in 2016. But data transparency within the logistics industry is lacking at best. 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. Logistics, Meet Amazon. ” Market Efficiency.
Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. However, the Internet of Things and big data supply chain analytics are allowing manufacturers to monitor performance in near real-time.
Supply chain logistics providers made significant changes in standard operations in 2016. 2016 was a year of major improvements in sustainability measures for logistics providers. So, you must think about the reasons IoT spending increased in 2016.
In years past, there has always been a main theme that I’ve seen emerge from my meetings, whether it was multi-channel, cross-channel, omni-channel, big data, cloud, mobile, inventory centralization, or […].
For the month of April 2022, South Korean shipbuilders saw the most ship orders since 2016. When the data is fully analyzed, it appears that South Korea received just under 50% of total shipbuilding orders worldwide in 2022. million tons. Compared to China, that is approximately half the total demand seen between both countries.
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
Nearly every new piece of equipment or technology is inherently imbued with data capture and processing capabilities. Big Data Accessibility Will Drive Innovation and Change. Take a moment to think about Big Data. It is a combination of numbers, statistics, progress reports and real-time data.
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.
2016 marched onward with a drive to improve the use of digital technology throughout the supply chain. This infographic, created by GT Nexus , also shows other ways the digital supply chain evolved in 2016. Bad weather, poor hiring practices or inefficient maintenance of consumers’ financial data can decimate a company.
Internet of Things (IoT) technologies can meet the demand for location systems capable of real-time, complex event processing, but there are issues to overcome at each link of the chain. As GPS-based location system processing becomes more precise and immediate, there are a bewildering variety of new big data tools to process that data.
In this Q&A, Simon Moore, Sales Director of Alternative Logic, discusses the company's partnership with Trimble, summarises the industry challenges and explains how their solution has helped transform and meet customer needs. Please briefly describe the challenges and the transformation that is going on in the industry.
As more shippers look for carriers meeting this mandate, carriers will have an opportunity to control which shippers do and do not get access to their fleets. When the industry revved up in 2014, many manufacturers and shippers expanded warehousing options and inventory to meet the growing demands of consumers.
For Maersk, June of 2016 was the breaking point. After a rough 2015, the first half of 2016 was no different. So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services.
The Top 6 Trends in Logistics Impacting Shippers in 2016. Today, the tech devices that entered the market in early 2016 are obsolescent, and more companies are looking for real-time data-driven decision making opportunities through the Internet of Things (IoT). Globalization Will Become More Important in Everyday Decisions.
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 Earlier this year U.S. Recruit more female drivers : women make up nearly 47% of all U.S.
When armed with all of the relevant data on current and potential sourcing locations in a digital format, supply chain professionals will enjoy a simplified decision-making process. Many factors can affect sourcing decisions, from raw material availability to labor costs to Free Trade Agreement (FTA) benefits or trade preference programs.
After slime-making became an Instagram fad in 2016, Elmer’s Glue sales doubled. Thanks to demand planning innovations, supply chain planners are detecting potential demand spikes before they become global phenomena – even when that data comes from outside sources, like TikTok or Google Trends. To read the full article, click HERE.
But in 2016, Philip Morris International decided to change the course of its history by leading a transformation in the tobacco industry to create a smoke-free future based on products, which while not risk-free—are a better choice for adult smokers than continuing to smoke. It was predictable.
From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains.
The development and deployment of autonomous vehicles, machine-to-machine communication abilities and preventative maintenance could all team up to result in even greater savings in 2016, which will further increase investments for the Industrial Internet of Things. New products and services will enable a new host of KPIs and real-time data.
Are you confident that it’ll perform well and you’ll meet all the requirements of your target audience? In 2017, the top three risks for supply chain management were categorized into three groups: War, terrorism and other geopolitical issues Natural disasters affecting supplier facilities Data security/IT incidents.
In 2016, big tech companies bought nearly 40 AI startups. Like Jarvis in Iron Man, we would have a super computer, a chatbot, speaking in the S&OP executive meeting and giving the most likely outcome of a decision, taking into account the current state of the company and past consequences of decisions taken. What’s next?
When you consider the amount of information people post digitally, there is a lot of sensitive data out there, just waiting to be taken. Over half of fictitious pickups occur at the end of a week, on Thursdays and Fridays when the main concern of shippers and brokers is in meeting a delivery date and satisfying the customer.
In 2016, total e-commerce sales reached $394.9 But, according to third-party logistics ( 3PLs ) provider, Cerasis , effective, successful distribution management should take advantage of technological advancements and encourage innovation to meet demands of e-commerce and omnichannel sales.
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. The IT Gap Has Reached a Record-Low.
Data source: [link]. This company has its own special and strict set of recruitment criteria, and only those who have passed the personality test to meet their requirements can be admitted. Data source: [link]. The following picture shows the shipping companies with the top 12 shipping capacity in the world. Moller–Maersk Group.
billion in 2016 to an expected $30.04 Relying on carrier web APIs (or TMS services that solely rely on them) can slow your business down as their response rates may not be quick enough to meet your order entry or fulfillment needs. This is driving worldwide revenue for TMS from $9.6
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