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From increased affordability and efficiency of the transportation management system (TMS) to the application of Bluetooth technology for superior tracking of product movements, 2016 will be the year in which technology becomes an integral, if not the exclusive, part of the shipping process. Then, Amazon purchased Kiva , and they vanished.
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%).
10 Controversial Freight Predictions For 2016. There’s been several great predictions for logistics in 2016. Well, that’s China’s 2016 prediction. 2016 will continue to be a busy year of consolidation. The best recent example? Take for example, freight tracking technology.
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. This goes back to using predictive analytics.
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. Increasing Use of Bluetooth Technologies.
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. Turnover Rates Are at an All-Time High. IoT-Based Systems Will Reduce Demand.
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. For example, augmented reality-enabled glasses are currently being used by Volkswagen, explains Ludger Schuh. 3PLs Will Expand Services.
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.
For example, according to a survey conducted by AlixPartners in 2016, 88% of consumers are willing to purchase an appliance online – a vast increase over the comparatively lower 62% that were open to it in 2012. Today, such heavy freight orders are commonplace.
CONA Services was created in 2016 to support this vision. The system can detect a deviation from a forecast, for example, and yet understand if the deviation is in an allowable range and that an alert does not have to be generated. For example, a large customer may place a large, unforeseen order that becomes visible at 9:00 a.m.
Happy Hour Started at 4 PM at the Locus Robotics Booth at MODEX The last MODEX show I went to was in 2016. MODEX 2016 had 800 exhibits and 25,000 attendees. In 2016, I only remember three robotic firms at the show – Locus Robotics, 6 River Systems, and Fetch Robotics. In 2016, the Locus style bots were not yet proven.
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.
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.
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. For example, an optimized supply chain is good, but it opens more opportunities for errors. Supply Chains Went Digital.
On 11/11/2016, residents of 235 countries completed transactions. It’s no coincidence that the top five US brands that sold in Singles’ Day 2016 were Apple, Nike, New Balance, Playboy and Sketchers. Those not prepared to lead by example can simply look towards Amazon for inspiration. Last week, Alibaba pulled in $17.4
For Maersk, June of 2016 was the breaking point. After a rough 2015, the first half of 2016 was no different. The Post-2016 Strategy: End-to-end Shipping. The September 2016 decision mapped out a clear new direction. The Maersk Shift: Where it started. Starting with Dynamic, Differentiated Service with Maersk Spot.
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.
About 11% of carriers have vehicles that use a fuel other than diesel or biodiesel blends, according to a 2016 survey by ATRI. For example, UPS is aiming to have 25% of its new vehicles run on alternative fuel or be an advanced technology vehicle, such as hybrid trucks that uses materials that improve fuel efficiency. In the U.S.,
This increase follows California’s increase in minimum wage from $8 to $9 an hour last year and to $10 effective January, 2016. an hour in July, 2016, followed by annual increases through 2020 until the minimum wage hits $15 an hour. Under Los Angeles’ new requirements, the minimum wage will increase to $10.50 XB Logistics’ is a U.S.-based
In 2016 Google’s AlphaGo AI played a game of Go against world champion Lee Se-dol and won. Common Forms of AI Computer Vision Face recognition is one example of Computer Vision. Machine Learning (ML) Predictive analytics is one example of Machine Learning. Shocked, Se-dol said AlphaGo played a “nearly perfect game.”
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.
Tell us about your partnership with Trimble and how your solutions integrate with Trimble's Our relationship began in 2016 when the company was still known as ALK. For example, we have recently provided Celtic Vacuum Limited (celvac) with our complete end-to-end workforce solution that incorporates this.
Unfortunately, slight contractions in the global economy in 2015 and 2016, reflecting the unrest seen in China and Germany, resulted in the scale back of purchasing by consumers. Between 2015 and 2016, freight shipping rates declined significantly, and dry van rates dropped up to 15 percent. Shipping LTL Rates Will Improve.
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. One example that happened this summer is in Singapore which is a major transhipment hub and one of the main hubs that Gemini will use next year.
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). Like 2016, logistics providers will be tested for weaknesses in 2017.
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. billion by 2021.
In 2016, the transportation industry grew by 3.1 In 2016, inter-provincial trade was $170 billion and the value of transportation traffic between the U.S. Ware shares some examples in the clip below, including collaborative shipping. 90 percent of consumer packaged goods are transported by truck.
For example, you probably heard about how a machine learning algorithm allowed the machine to beat the best humans in Go or in Poker in the past year. In 2016, big tech companies bought nearly 40 AI startups. What are concrete examples of machine learning intervention in S&OP? Take IBM’s Watson for example.
The best example is probably Amazon Prime, with the company announcing early this year that they now have over one hundred million subscribers worldwide. Amazon, for example is able to offset some of its financial losses on their delivery operation ( $7 billion in 2016!
26 April 2016 marks the 60th anniversary of the maiden voyage of the Ideal X and the birth of modern container shipping, a development that played a critical role in spurring the global economy. Example of the massive decrease in dock workers as a result of containerisation. The History of the Shipping Container. Significance.
For example, 26% of the 730 million TEUs shipped annually and approximately 30% of trucks on the road are empty. The Freightos Marketplace launched in closed beta in January 2016. In an era that has embraced data technology for improving everything from entertainment to finance, freight is still manual. Annual Imports.
According to 2016 FAO data , more than 80% of palm oil was produced in just two countries: Indonesia (53%) and Malaysia (29%). million hectares of soy in the Amazon (40% of the total area) in 2016 had been native vegetation six years before. According to PRODES , the Brazilian government’s monitoring agency, some 1.8 tonnes to 2.9
Dropping profit margins – Hanjin’s bankruptcy in late 2016 capped a difficult year for carriers and 2017 hasn’t been much better. One recent example is CMA CGM’s recently-launched Freddie platform. In 2016, the top twenty global forwarders accounted for a 60% of the freight forwarding market. Digital Forwarding.
Mostly, manufacturers demand technologies that can boost their output without causing an additional strain on resources, and the final five technologies changing manufacturing in 2016 did just that. The annual growth rate for machine learning and artificial intelligence grew more than 500 percent from 2013 through 2016. Industry 4.0
This plate has several key details including allowed maximum gross weight as per below example. Using the above plate as an example, a container that has been loaded more than the allowed weight – in this case, 32,500 kgs including the tare weight of the container, will be considered as OVERWEIGHT. Few examples below.
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. Perhaps the best example of this is Exxon Mobil.
After slime-making became an Instagram fad in 2016, Elmer’s Glue sales doubled. For example, Procter & Gamble relied on its integrated planning system and scenario planning capabilities to respond to regional disruptions during Hurricane Irma.
For example, scheduled places in the lines are lost. Examples include sleeping in their trucks near the lots of the plants. The Labor Department Data in the USA for example indicates that the sector added 74,500 jobs between April 2020 and September 2021, bearing in mind seasonal adjustment.
“Results from the 2017 study show that roughly 75% of respondents are using the mix strategy (be all things to all people) as the predominant approach for their companies compared to the 51% who we reported utilizing a mix strategy in our 2016 results. and 30.9%, respectively,” says Logistics Management. in 2017 versus 20.8%
A version of this article originally appeared in The Journal of Commerce (August 6, 2016). According to Silicon Valley legend Peter Thiel, Hewlett Packard is a prime example. DB Schenker’s cooperation with uShip, announced in June 2016, is a good example of such a team. Technology and Culture. Going to the Cloud.
For example, in a poll conducted during an SAP webcast last year, 42 percent of the attendees responded that logistics is viewed as a cost center at their company and 31 percent said it’s viewed as “warehouses and trucks.”. Amazon is the best example today of a company that is leveraging logistics as a competitive weapon.
For example, small-business e-stores have managed to create environments that allow customers to see inventory in real time, reducing problems with excessive ordering. Newer technologies make up one of the most exciting parts of the supply chain to watch in 2016. Omni-Channel Solutions Will Expand to Include and Use New Technologies.
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