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For example, when WiseTech bought the Swedish logistics solutions provider CargoIT in 2018 , the deal followed takeovers of IFS Global Holdings, LSI Sigma Software, and Trinium Technologies. It also acquired Amber Road in 2019, INTTRA and Cloud Logistics in 2018, Zyme and Steelwedge in 2017 , and Terra Technology in 2016.
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.
If you’re running late-model equipment under warranty, your budget will look different than someone with a 2016 Cascadia pushing 800,000 miles. For example, trucks with DD15s often see aftertreatment system issues around the 500k–600k mark. Example: If your truck normally grosses $1,200/day and you’re down for 3 days waiting on a part?
Mini Case Study: Walmart Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. For example, supplier performance issues can cause problems with inventory, order fill; on-time delivery performance and customer-order lead times.
In 2016, the value of goods traded between the two countries topped $525 billion, making Mexico the third largest trading partner of the U.S. For example, a U.S. Assuming current trends hold, and NAFTA remains largely intact, here are five things to consider when managing cross-border logistics between the United States and Mexico: 1.
Even Canada, a country that’s not exactly famous for shipping disasters, was virtually cut in half by a single unexpected bridge collapse in 2016. You may already have a numerical goal in mind: for example, meeting a certain percentage of demand needs within a certain radius of a distribution center.
Comparing the headlines (September 7, 2016 and May 12, 2017). The French automaker Renault, for example, was forced to shut down factories across Europe. For example, cyber security was one of the topics we discussed at the Executive Forum track at the Descartes Evolution 2017 conference last month.
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.
2016 will be a defining year for the logistics industry , and transportation management practices must adapt to these changes. For example, a given trucker who drives beyond the hours of service in the ELD could incur stiff penalties and fines from oversight agencies. Previously, rates were determined by freight classification.
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.
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.
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.
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.
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.
LogTech Industry Roundup: Q2 2016. The market remains fragmented: the top 20 logistics players controlling only 58% of the market (via Ti Global Forwarding Report 2016 ). Salient examples include uShip parterning with DB Schenker in Europe and Kuehne+Nagel’s ongoing automation efforts. ” Cathy Roberson, via the WSJ.
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%).
For the first time in more than 10 years, the Federal Reserve took the initiative to slightly increase interest rates, but the hopes for a robust start to 2016 were quickly dashed. The following graph from the 2016 SOL reveals how logistics as a percentage of U.S. Inventories are a major issue analyzed by the 2016 SOL as well.
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.
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.
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.
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.
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
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.
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.
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.
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
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.
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
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.
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. Another driving force behind the increased use of cloud technology in 2016 was budgets. Cloud-Computing Use Continues to Increase.
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.
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.,
She gives an example: Amazon’s ability to deliver packages to a person’s door in under two hours. Its 2016 Logistics Trend Radar report suggests that big data and automated supply chains could lead to previously unimaginable levels of optimization. Young’s example of robot workers involves a company previously mentioned: Amazon.
How Does Procurement Play Into the Use of Artificial Intelligence and Automation in 2016? For example, the use of robotics allows more skilled workers to devote time and energy into the design of a given product, which serves to further improve the level of quality and craftsmanship in complex and simplistic products.
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.”
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.
The predictions for 2016 hinted at these trends, but recent reports suggest the need to alter the common perception of a functioning supply chain is growing stronger. More companies were taking steps before 2016 to improve collaboration across entire supply chains. Risk Management Evolved in 2016.
Food and Drug Administration's (FDA) Food Safety Modernization Act ( FSMA ) was finalized in April 2016. Such risks arise when food is not refrigerated well, vehicles used for food transport are not cleaned properly or, for example, when food in open containers is not protected adequately. The Sanitary Transportation Rule.
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. Previous Applications of the Industrial Internet of Things in Manufacturing.
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.
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. For manufacturers, banning the use of mobile devices seems logical.
Unlike the virtual reality images of science fiction, augmented reality is a very real factor in today's world, and it will continue to grow in 2016 and beyond. For example, smart glasses in the warehouse are considered a form of Augmented Reality Supply Chain, explains SupplyChainDigest. Yet, many fail to understand what AR is.
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