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As we head into a new year it is a good time to take a look at the coming year and see what it may hold in the way of trends. We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. Do you have the right people in place?
He joined Reliance Partners in 2021 and has been leading efforts to drive big data and Insurtech initiatives across the enterprise to deliver a smarter insurance experience. Reliance Partners has been featured in Inc.com each year from 2016-2020 as one of the fastest growing privately-held companies in the US. About Reliance Partners.
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. This trend will be seen in the Equipment Manufacturing sector as well, especially in international markets.
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.
In this first post of a two-part series, we will expand beyond our 6 general manufacturing trends we predicted would shape 2016 to now laser focus on the manufacturing technology trends that will impact manufacturers in 2016. 4 Core Manufacturing Technology Trends for 2016. Increasing Use of 3D Printing.
The shipping industry of 2016 is a gross misrepresentation of what was considered “normal” shipping practices in the 1980s or 1990s. After taking a look at the automation technology trends in logistics from our first post, take a look at how these technology trends in logistics will grow and what impact they will have for the industry.
Yesterday we began our two part series on 2016 supply chain trends that will drive supply chain management into the future. As with most trends we all have read over the last few years, the focus was on technology. Supply Chain Trends2016: 5 Additional More Areas of Focus. We listed the first 7.
We have discussed how manufacturers are changing the landscape through surprising, innovative trends. For third-party logistics providers ( 3PLs ), logistics industry trends will dramatically affect how logistics providers of all sizes operate. While many 3PLs may not want to share data, sharing data is rapidly becoming the norm.
2016 will be a defining year for the logistics industry , and transportation management practices must adapt to these changes. Some of these transportation management trends reflect real worries for the logistics industry. Take a look at six of the trends to watch for in transportation management this year.
Current industrial manufacturing trends show the new administration is pushing for reshoring among the nation’s biggest manufacturers, and new technologies are revolutionizing how companies respond to growing skepticism and scrutiny by the public and government oversight as well. The "First Five" Industrial Manufacturing Trends of 2017.
Editor’s Note: Our “ Research in Focus ” series highlights research conducted by select partners on timely and important trends impacting supply chain and logistics professionals today. The post Research in Focus: Sourcing Trends and Concerns appeared first on Talking Logistics with Adrian Gonzalez.
The theory is that as more and more devices throughout the supply chain and manufacturing process become part of the ‘Internet of Things,’ they will produce an incredibly rich data stream that will send signals in real-time to trigger a wide variety of events. Artificial Intelligence (AI)/Machine Learning (ML) Platforms.
The Logistics Trend Behind The Latest Trend. Are You Up With The Trends? Rapidly emerging trends demand a flexible supply chain that can harness new technology and find new efficiencies. These trends have pushed innovation, and the need for new logistics technology up and down the supply chain. Contributed Article.
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.
The theory is that as more and more devices throughout the supply chain and manufacturing process become part of the ‘Internet of Things,’ they will produce an incredibly rich data stream that will send signals in real-time to trigger a wide variety of events. Artificial Intelligence (AI)/Machine Learning (ML) Platforms.
Yesterday we started our two part series about manufacturing technology trends we will see impact the industry in 2016 by painting a picture of the top 4 trends. 5 Manufacturing Technologies Looking to Impact the Manufacturing Industry in 2016. What makes or breaks the use of a new technology in manufacturing?
Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. Like 2016, logistics providers will be tested for weaknesses in 2017. Globalization Will Become More Important in Everyday Decisions.
million TEUs of orders placed in all of 2015, according to data from a sister product of JOC.com within IHS Markit. percent of the in-service fleet, the highest percentage since 2016. The post 2022 Shipping Expectations and Trends: An Overview appeared first on More Than Shipping.
The business started in 2016, but we didn’t get our first venture funding until 2017. I love talking about these trends. It is the leading freight market dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector. [47:10] Learn More: .
Our first post covered the Top 5 Freight Management blogs of 2016. Today's post will cover the top 5 logistics blogs from 2016 so far. Top Logistics Blogs from the First Half of 2016 So Far. It was clear that the logistics blogs category most top viewed blog posts from the first half of 2016 included many aspects of logistics.
By Noam Fraenkel, VP Data & Analytics, Freightos. This continued drop represents a potential market correction and return to 2016 prices. This continued drop represents a potential market correction and return to 2016 prices. Get even more live index data for free here. Freightos Freight Index Update.
Much of that growth has been fueled by acquisitions, including four acquisitions in 2016, with more certainly to come this year. The R&D team delivered about 350 product releases in 2016. The limiting factor is still getting timely and accurate data.
Our 2016 Manufacturing Report revealed an industry in the state of change, preparing for the next revolution. With claims of hacking the election still permeating the internet, manufacturers are looking upon 2016’s cyber security improvements with even greater scrutiny. Manufacturing is changing.
Five Tech Trends That Will Change Freight. billion dollars of US venture capital was invested in the first quarter of 2016. Hyperloop Proof of Concept Trial, May 2016. While this is only one side of the coin (funding in Q1 2016 has remained stable), it is still cause for concern. Moving data better.
FreightWaves’ news, content, market data, insights, analytics, innovative engagement, and risk management tools are unprecedented and unmatched in the industry. The business started in 2016, but we didn’t get our first venture funding until 2017. I love talking about these trends. FreightWaves’? That’s pretty astounding. [41:21]
Editor's Note: Today's blog is from our friend Kevin Hill with Quality Scales Unlimited who shares his expertise regarding the key trends in supply chain and transportation management. . 6 Key Trends in Supply Chain. 6 Key Trends in Supply Chain. Smart Technology. Opportunities for New Markets.
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 2016Trends. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains.
Our last post covered the Top 5 Supply Chain blogs of 2016. Today's post will cover the top 5 Transportation Management blogs from 2016 so far. Top Transportation Management Blogs from the First Half of 2016 So Far. From transportation management trends to creating a competitive logistical edge. Get Your FREE eBook Here.
However, modern technologies are dramatically changing procurement trends and how procurement professionals operate and their role in the company. Why Is Technology Driving Procurement Trends and the Role of Procurement? How Does Procurement Play Into the Use of Artificial Intelligence and Automation in 2016?
So, what are the mega trends? How does the pandemic and digital technology play into these trends? The pandemic has greatly accelerated this trend. When it comes to supply chain applications, there has been a decided trend toward software-as-a-service products hosted in public clouds. The Growth of Ecommerce.
The World Trade Organization publishes lots of insightful data on global trade – including trade indexes. I decided to take a look at quarterly changes in worldwide merchandise export volumes from 2016 to 2023. The third trend is that global trade growth appears to be gradually slowing. I see that as a positive.
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? What other Freight Blog Posts should we check out?
In today’s blog post we continue our look at the logistics technology trends that will shape 2018. In this post, will go to how shippers and logistics providers will lean on 6 more trends to make gains in the months to come. Autonomous trucks and drones are the 800-pound gorilla in logistics technology trends. download ebook.
Millennials are part of this trend. 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.
Among these, natural disasters and weather-related events continued to be a major source of disruption across the globe and especially in the United States, continuing a trend started in 2017. Of those events, more than 300 of them directly impacted the continuity of supply.
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. Transparency and Overcapacity. ” Market Efficiency.
As a result, your company needs to think about these freight shipping trends and how you can prepare to respond to them as soon as possible. 8 Freight Shipping Trends Shippers Must Know for 2017. In the latter half of 2016, freight demand increased each month consecutively, asserts Mark Montague of Supply Chain Brief.
After reviewing several industry sources most Logistics professionals are in agreement with all of these trends. World Bank data shows that U.S. import and export traffic nearly doubled between 2000 and 2016. million TEUs in 2000 to over 50 million TEUs in 2016. The Truck Driver Shortage Will Expand With No End In Sight.
Supply chain logistics providers made significant changes in standard operations in 2016. From ditching age-old tactics of shipping products now, to advancing the capabilities of augmented reality in logistics, our logistics trends highlighted expected improvements in the supply chain, many of which came true.
Mr. Wood believes there is a significant trend that is occurring with respect to the trade compliance department in companies. McKee from SAP agrees that many companies have moved past a narrow focus on following the law towards a major trend towards using GTC solutions for duty minimization.
The social network’s increase in popularity has given rise to viral trends, as user-recorded videos spike in popularity dragging certain products along with them. After slime-making became an Instagram fad in 2016, Elmer’s Glue sales doubled.
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.
2016 marched onward with a drive to improve the use of digital technology throughout the supply chain. In the first supply chain trends post, we surmised the previous year’s trends would continue. This infographic, created by GT Nexus , also shows other ways the digital supply chain evolved in 2016.
First, in the early 2000s, advancements in data analytics, RFID, and localized supply chains fueled the rise of “fast fashion.” With the growth of these sites and the rise of micro-trends driving consumerism, the fashion supply chain is rapidly evolving, leaving behind significant environmental challenges for future generations.
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