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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.
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.
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.
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.
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. Logistics Entities Move Towards Sustainability. 3PLs Will Expand Services.
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.
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.
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.
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.
This post looks at how click & collect works, why demand for it is trending now, and what retailers can do to ensure click & collect experiences that are also good for their business. While interest in click & collect is not new, 2020 saw a massive spike in demand and turned it into one of the hottest retail trends.
For example, using a 5G network, a parts tote could communicate that the tote is 80% depleted for this SKU which would trigger a re-order of the necessary parts. In 2016, it became the first street-legal vehicle to be paid to do real work without a driver behind the wheel. Its list of accomplishments is staggering.
Three Key Trends in IoT, Robotics, and Wearables. In 2016, the logistics robotic market had a global market revenue of $1.9 For example, the development of the flexible static arm robot has produced a number of very useful robotic arms that can manipulate a wide range of items in a wide variety of uses. Portuguese language.
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.
Regulatory reform has been top-of-mind for supply chain executives and political leaders in the US since the 2016 election. Supply chain executives need to take a few moments to learn more about the top 2018 manufacturing trends that will make it possible. Check Out the Top 2018 Manufacturing Trends.
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, using a 5G network, a parts tote could communicate that the tote is 80% depleted for this SKU which would trigger a re-order of the necessary parts. In 2016, it became the first street-legal vehicle to be paid to do real work without a driver behind the wheel. Its list of accomplishments is staggering.
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. If you’re a 3PL, for example, you can monitor markets for opportunities to sell and gain insights on the competitive landscape.
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.
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?
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. As a result, more logistics operations will be more carefully monitoring their expenditures in the coming months to further the trend. trillion in 2014.
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.
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.
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. How do you plan for a social media-driven demand spike?
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.
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.
On 11/11/2016, residents of 235 countries completed transactions. But changing Chinese demographics and global logistics trends may transform Singles’ Day 2020 into a major milestone for US exporters and retailers. Those not prepared to lead by example can simply look towards Amazon for inspiration. billion dollars.
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! Will DoorDash subscription start a trend in food delivery?
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. For example, lead times are critical.
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.
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
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.
WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. 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). GET YOUR COPY HERE. Download White Paper.
5 in Logistics Performance Index 2016. The 2016 edition of Connecting to Compete scores and benchmarks countries’ performance on logistics. The Logistics Performance Index, part of the Connecting to Compete report 2016 ( Click to download full report ) , measures the efficiency of international supply chains. 5 in LPI 2016.
This will be the most important trend to watch in 2017. 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. But, the most significant impacts of 2017 will be felt in these four areas. .
Here are the top trucking trends that all shippers should be aware of, according to The American Transportation Research Institute. factory activity, which fell in August for the first time since January 2016. The post Transportation Trends: What’s Going on in the Trucking Industry? It says the measure receded to 49.1
Freightera’s CEO, Eric Beckwitt Gives His Predictions on The Trends in Sustainability in 2024. Although interest rates are widely predicted to fall in 2024, and the freight recession may end, the multi-decade trend of moving manufacturing overseas, especially to China, may be largely over.
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. The provider believes the trend will come to life in the next ten years.
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
As brands, companies and manufacturers become more comfortable with selling direct to customers this trend will only grow. This trend doesn’t apply exclusively to customer-facing products. Below are some notable examples of how entire industries are either already being re-shaped or gearing toward a Direct-to-Consumer approach.
Dr. Schreiber concludes by covering the players (from startups to billion-dollar companies) and the trends changing the industry. 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.
Fortunately, there are still plenty of resources out there to give you the insights you’ll need to flourish in 2016 and beyond. The world of freight brokers and the future of freight is changing quickly, so it’s time to watch those trends to understand how you need to adapt. In the long term, market trends are fairly foreseeable.
In fact, the introduction of Qualcomm’s OmniTracs ™ in 1988 and UPS’ roll-out of the DIAD ( Delivery Information Acquisition Device ) four years later are prime examples of pioneering companies investing in mobile technology as a means to drive efficiencies and create competitive advantage. shared logistics networks.
According to the findings from the “26th Annual Study of Logistics and Transportation Trends (Masters of Logistics)”, more companies are beginning to understand that new business models and new competition in the field are changing customer expectations. and 30.9%, respectively,” says Logistics Management. in 2017 versus 20.8%
Moving on to this week’s supply chain and logistics news… Walmart Secures Patent for Drones to Carry Products Inside Stores (Digital Trends). The latest example: Walmart was issued a patent for “A Method to Carry an Item within a Retail Shopping Facility” — that method being a drone. percent increase from January 2016.
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