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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.
Understanding NIS 2 Regulations The NIS 2 Directive is an update to the original NIS Directive enacted in 2016. Manufacturers are required to identify and mitigate risks throughout their supply chains, ensuring that all partners and suppliers meet the necessary cybersecurity 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. The Role of Robotics in the list of manufacturing trends in 2016 cannot be understated or ignored. percent annual growth.
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.
However, based on Perry’s estimates, by 2016 that rate is likely to escalate to the 2014 rate. Strategies for Surviving the Capacity and Trucker Shortage. Rates are likely to increase between 4% and 9% by year-end 2016, per Don Broughton, economist and industry expert, Avondale Partners. Currently, the U.S.
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.
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.
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.
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. Additionally, increasing partnerships and collaborations will help logistics providers meet the demand for more products, faster, and at a reduced cost. 3PLs Will Expand Services.
2016 will be a defining year for the logistics industry , and transportation management practices must adapt to these changes. Software-as-a-service (SaaS) systems help shippers meet the same criteria in terms of the data analysis, analytics, and payment management. Previously, rates were determined by freight classification.
Newer technologies make up one of the most exciting parts of the supply chain to watch in 2016. Author information Adam Robinson Adam Robinson oversees the overall marketing strategy for Cerasis including website development, social media and content marketing, trade show marketing, email campaigns, and webinar marketing.
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.
CONA Services was created in 2016 to support this vision. The Value of a Common Platform More importantly, by having the largest 11 bottlers on a common platform, the bottlers can work together to meet customer demand efficiently. Mr. Jordan notes that Blue Yonder now supports a mix-and-match AI strategy.
With the sales of personal luxury goods hitting a record high of $307 billion last year — up 5% over 2016 — well known luxury brands are all shipping a higher volume of goods worldwide. This puts added pressure on companies that need to select the best possible supply chain strategies and logistics providers for their high-end goods.
As a result, today's logistics providers must meet the demands of both a physical and a digital marketplace. Author information Adam Robinson Adam Robinson oversees the overall marketing strategy for Cerasis including website development, social media and content marketing, trade show marketing, email campaigns, and webinar marketing.
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.
We loved this post because as we get towards the end of the year many companies are conducting supply chain planning for 2016 (did I just type that?! A huge part of effective strategy in any business function is planning. Were you successful in meeting the majority of your goals? where has the time gone!).
Configure to Order: This strategy involves customizing standard products based on customer specifications. PO Collaboration is essential in coordinating with suppliers to ensure timely delivery of customized components and managing production schedules to meet customer requirements.
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.
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. Technology will only delivery […] if it’s implemented with strategy and operations that adhere to best practices.”.
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.
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). Amazon understands the value of an easy-to-use reverse logistics strategy.
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.
According to McKinsey , the value of goods traded globally has tripled to more than US$10 trillion since 2000, and because of recent events, they are having to re-evaluate supply chain strategies. Unfortunately, the state of disruption to the current landscape has never been contemplated and very few strategies exist to navigate it.
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 Keep Drivers Happy.
Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.
Figuring out the best strategy for managing fleet assets can be difficult at best. 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.
Retailers such as Walmart have rigorous standards and will only purchase from suppliers who meet these standards. About 11% of carriers have vehicles that use a fuel other than diesel or biodiesel blends, according to a 2016 survey by ATRI. They have been both reducing their energy usage and investing in alternative fuels.
Fully 80 percent of shoppers want same-day shipping , whereas 61 percent want to receive their products within one to three hours of ordering, according to "The State of Shipping in Commerce 2016," released by shipping software firm Temando. Even customers who aren't so demanding don't want to wait more than a few days.
Supply chains are ‘strangling strategy’, with the movement of commodities so significant an issue that logistics is securitising. [1] The first batch of containers was accepted in May 2016, with the final batch coming off the assembly line in June 2016, well ahead of the contracted delivery date. 1] Beaumont, D., 2] Beaumont, D.,
Per the International Energy Agency (IEA), more renewable energy installations came online in 2015 and 2016 than fossil fuel-based installations. Ultimately, the sustainability push will be key to meeting market demand and fluctuations throughout 2017. Putting the “First Five” Together.
Supply chain strategy is critical to business success, but is often underestimated in its importance and hence receives less strategic attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.
This all makes sense given the rapid change in consumer power in the economy as well as the task by Supply Chain Directors to remain efficient, meet customer demand, all while driving value up and costs down. He predicts that this will rise to just over 50% by 2016 and to more than 80% by 2020. Top Supply Chain Blog Posts for 2014.
The terms of the investment were not disclosed, but according to 3Gtms CEO Mitch Weseley, the money will enable the company “to aggressively scale our product innovation strategy, hire top talent and continue our core focus on a customer-centric culture.”. If you’re vendor in the middle? Well, that’s a difficult place to be today.
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.
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.
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.
Last year, online shoppers spent more time purchasing items through online retailers than any other channel, and the 2016 holiday shopping season broke most online and mobile records. Modern Warehousing Must Meet Demand From the Record-Breaking Growth of E-Commerce.
The new branding reflects the new business strategy where ocean transportation and land-based logistics will operate side-by-side as distinct, yet connected entities,” the company said. The post WWL restructures to meet changes in car market appeared first on Automotive Logistics.
The 2016 cyberattack on domain-name system provider Dyn, Inc. In the end, he says, the IoT will prove essential to meeting the rising expectations of customers and business partners, while breaking down the organizational silos that hamper cooperation between various functions.
– General Angus Campbell, Chief of Defence Force (then Chief of Army), Chief of Army address to the Army Logistics Training Centre, 3 rd December 2016. Aside from doctrine and a multitude of sometimes contradictory organisational orders and directives, the Australian Army lacks a strategic logistics strategy.
As recently as 2016, the state of e-commerce logistics triggered a rush to expand warehousing. Challenges in Today’s State of E-Commerce Logistics The challenges of today’s e-commerce strategies were formed when supply chain leaders believed the only solution to e-commerce was expansion.
December 5, 2016 was the 225th anniversary of Alexander Hamilton’s report on manufacturing to Congress. The continued recovery and advancement into the future of manufacturing means understanding fundamental challenges that the sector faces and meeting those head-on. He was an influential interpreter and promoter of the U.S.
From 2016 until 2019, the growth rate is projected to average 2.5% Markets clearly change, and as a leader, we must have flexibility to even change our own strategies to meet the demands of customers. And 3PL companies are starting to rise to meet the challenge. In 2015, the US economy has been projected to grow by 3.5%.
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