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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. Reliance Partners is one of the nation’s fastest-growing commercial insurance agencies specializing in providing risk management solutions for the transportation and logistics space.
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 findings were derived from an online survey of 250 executives at leading U.S. Transportation costs ranked second, and labor costs ranked third.
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 report compares this year’s findings to 2017, 2016 and 2015 results. In each wave, the survey was administered via email invitation to subscribers of Logistics Management magazine.
These are questions ARC Advisory Group will seek to answer in our online survey research of supply chain executives over the next few months. 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.
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. Managing Risk.
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?
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.
They surveyed over 1,400 online shoppers to analyze their habits, preferences and expectations. Looking at the survey results, 90% said that they highly value free returns when making online purchases; and 91% say free shipping influences future purchases. Last week, Dotcom Distribution launched their annual eCommerce study.
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. In fact, up to 70 percent of companies surveyed in Europe have already implemented cloud-based solutions to enable rapid scalability and flexibility.
small and middle market enterprises (SMEs) are feeling very optimistic about the international market according to the 2018 American Express Grow Global Survey. The third annual survey of over 500 domestically-based companies selling outside of the U.S.
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. Per GT Nexus , 75 percent of executives surveyed recognized the digital supply chain as an important factor for the next five years.
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. The Ulula platform will enhance EcoVadis’ data by providing insights through automated surveys, grievance management, and analytics.
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.
However, GEP And S&P Global publish the GEP Global Supply Chain Volatility Index based on data derived from S&P Global’s PMI surveys. The Freightos Baltic Index: Global Container Freight Index shows that rates over the last six months are in-line with the historic average between 2016 and 2020.
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%
In 2017 the downward trend of large shipping losses continued, according to a new survey, Allianz Global Corporate & Specialty's (AGCS) Safety & Shipping Review. Globally, the decline in frequency and severity of total losses over the past year continues the positive trend of the past decade. Printer-friendly version.
At the close of 2016, the 21 st Annual Third-Party Logistics Study found the overall use of third-party logistics providers ( 3PLs ) is increasing, but the types of logistics services utilized indicate the industry is entering a shift in how it operates. 3PLs and Shippers Report Positive Partnership Outcomes.
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.
Will these trends continue in 2018? so far this year, according to Thomson Reuters data, topping the 38 deals announced in 2016], with big trucking companies and private equity funds scooping up smaller firms as [the ELD] mandate is set to go into effect and as drivers push for higher wages.” How should shippers respond?
Logistics Trends & Insights LLC , an Atlanta, Georgia-based consultancy, is conducting its third “Evolving Freight Forwarding Survey, and invites LM readers to participate. In our 2017 survey, 92% of respondents noted that digitization brings value to forwarders,” says Roberson. By Patrick Burnson, Executive Editor ·.
The Impact of 3D Printing in the Supply Chain and Logistics Arenas: As we noted in our top issues in American Manufacturing series, 3D printing is a key trend and applications manufacturers are paying attention to over the next decade. He predicts that this will rise to just over 50% by 2016 and to more than 80% by 2020.
The past In the past, logistics education was primarily centered on basic concepts and traditional models, such as inventory management, warehousing, and transportation (Christopher, 2016). Supply chain game changers – mega, nano, and virtual trends – and forces that impede supply chain design (i.e., Pearson UK.
WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. To know the most difficult challenges as perceived by supply chain professionals, we turn to the SCM World’s 2017 Future of Supply Chain survey. GET YOUR COPY HERE. Download White Paper. These disruptions included the following.
Mark Chrencik, Director of Operations at CLX Logistics (a Talking Logistics sponsor), kicked off the conference with a market update where he covered various trends in the industry, including fuel prices and linehaul rates. Miller highlighted the results of a 2016 driver survey conducted by Overdrive & Trucker News.
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.
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. Bringing Freight Online In The Carrier Space. Digital Forwarding.
The retail-to-industrial trend is still small -- the report covered just 24 conversions since 2016 -- but it’s growing as a solution to low warehouse vacancy. Several recent surveys show that automotive supply chains are highly susceptible to cyber attacks. Warehouse robotics could be worth $30.8
A recent report says that more than 77% of companies said, in a survey, that they are investing in deeper and more collaborative supplier relationships to improve resilience and agility. It directly affects the bottom line, making it crucial to manage effectively.
As we head into 2016, we are featuring our most read articles of 2015 in our five main categories: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. In the supply chain articles category it is clear the top ten are all about trends, facts, technology, and of course optimization. Read the full article here.
Checking the background info In 2015, the ocean freight rate trend was distinctly downwards – the SCFI declined from around 1,000 to just 500 during the year. But through 2016 (notwithstanding a post-Christmas tumble at the start of the year), the overall trend was volatile and heading upwards.
percent of total retail sales in the United States; in 2016, e-commerce sales reached $394.9 percent in 2016 compared to 2015, while e-commerce sales grew over 15.1 Department of Commerce , e-commerce sales totaled $91.4 billion and represented just 2.5 billion and accounted for 8.1 percent of total retail sales.
Last month we talked about customer satisfaction surveying and the Net Promotor Score; this month we are looking more specifically at the health of manufacturing sector in the US and the manufacturing technology orders (largely metal cutting machine tools). USMTO order for May 2016 were 18.2%
If there were one clear-cut conclusion to be drawn from our “2018 Warehouse and Distribution Center (DC) Equipment Survey,” it would be that the outlook for spending is bullish. At the same time, the survey revealed growing interest in the use of relatively new types of technology, including robotics, drones and smart glasses.
small and middle market enterprises (SMEs) are feeling very optimistic about the international market according to the 2018 American Express Grow Global Survey. The third annual survey of over 500 domestically-based companies selling outside of the U.S.
The Trends that Will Forever Shape Manufacturing in 2018 & Beyond. According to a survey conducted by The Manufacturing Institute and Deloitte Consulting LLP , approximately 22% of skilled manufacturing workers (almost 2.7 This would help to take the strain off the worker and prevent injury. GET YOUR FREE WHITE PAPER.
According to a recent FMI/Nielsen survey, online grocery sales in the U.S. are forecasted to grow from just over $20 billion in 2016 to $100 billion by 2025.
For example: Japan earthquake 2016. New trends in supply chain management. Another trend that is becoming prevalent is to engage with suppliers in a digital supply chain. Supply chain disruptions. The world has experienced significant disruptions in recent years which have broken the understanding about what is “normal”.
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. Bringing Freight Online In The Carrier Space. Digital Forwarding.
51% of the respondents in a global Reuters survey felt that the most perplexing challenge is the unpredictable nature of consumer demand. Brand identity, interactive marketing campaigns and differential lifestyles complicate a perfect trend analysis model. The presence of data throughout the supply chain is vital to its evolution.
While the ratio of male-to-female managers in the supply chain field has hovered around 9:1 for an uncomfortably long time, that trend may slowly but finally be changing. 30 Supply Chain Leaders Under 30—Class of 2016. 30 Supply Chain Leaders Under 30—Class of 2015. Mitchell Agee, The Boeing Company. Media Type. Privacy Settings.
The market has grown from $36.08bn in 2016 to $128.33bn in 2021 – a gain approaching $100bn in about half a decade. Unfortunately though, warehouse facilities in general are struggling to keep up with this trend. We expect it will add almost another $100bn in the next three years, reaching $212.90bn by the end of 2024.
Ocean freight rates are expected to increase significantly in 2017 Based on a survey conducted by our benchmarking partners Xeneta , more than half (56%) of the respondents expect rates to increase while 44% believe rates will remain stable. Historical ocean freight rates were very volatile in 2016.
In fact, in November 2016, a survey of shippers published by the Journal of Commerce found that shippers didn’t “appear to believe capacity will tighten considerably in advance of a federal electronic logging mandate for all interstate truck drivers scheduled to take effect next December 1.” There are No Crystal Balls.
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