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He joined Reliance Partners in 2021 and has been leading efforts to drive big data and Insurtech initiatives across the enterprise to deliver a smarter insurance experience. There will be less clerk work and more data science work so employees must be trained for their new role. Mario is a graduate of Michigan State University.
Learn how to organize your data operations in alignment with supply chain strategy. Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry—think Amazon. More data is coming in than ever before.
2018 is looking good according to a recent survey of manufacturers. The 2018 Leading Edge Alliance (LEA) National Manufacturing Outlook Survey found that manufacturers have a more positive outlook about the economy for 2018 than in 2017. 81% of manufacturers believe their revenue will increase in 2018.
And, investment statistics reveal an increasing trend for more technology to enable multi-modal shipping and the application of big data analytics to increase scalability, flexibility, and demand-driven management decisions. According to a 2017survey of supply.read More.
That same study found only 5 percent of those surveyed were very satisfied with their digital progress so far. Let’s take a look at four reasons why digital transformation is an imperative in 2017 for industrial manufacturers: 1. Harnessing Big Data. Changing Consumer Expectations. Drive for Efficiency.
I learned that fact (and many more important things) at the Command Alkon ELEVATE 2017 conference in New Orleans this week. As the compliance date for the Electronic Logging Devices (ELD) mandate approaches (December 18, 2017), there are two important questions to be answered: How will it impact capacity?
The 2017 holiday sales on a seasonally-adjusted basis showed the strongest growth since the 2012 holiday season. Americans probably brought the holiday spirit in abundance to retailers last month, marking a strong finish to 2017. The government’s data on Jan. Receipts climbed another solid 0.5% in December after a 0.8%
The world’s first in-water remote ship surveys using a remotely operated vehicle (ROV) have been completed by leading classification society, DNV GL. The latest in-water survey of this kind was performed earlier in July on another ASA Wilson-managed vessel in Bergen, Norway.
Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” The findings were derived from an online survey of 250 executives at leading U.S.
Editor's Note: Today's blog comes from Katie Cruze at considerdigital.com who give us the top 5 reasons why data quality is important. Data, for most companies, is often collected for record-keeping purposes. For many companies, managing the quality data can seem like an overwhelming task.
Measuring a sample of more than 1 million items from five leading retailers and eight brand owners, the study also found that when RFID was not implemented, 69 percent of orders shipped and received from brands to their retailer partners contained data errors.
According to a report* by UCL Hazard Research Center, there were 16 weather-related events in 2017 in the United States alone that cost one billion dollars each. ” Despite the high percentage, only 16 percent of them used commercial weather data. To what extent is weather data guiding your company’s decision-making?
"2018 is proving to be as challenging for shippers and carriers as the second half of 2017 since carriers are reporting capacity utilization rates of 95% and higher," said Florian Dussler, managing director and vice president Americas at Transporeon Group. "In Now is the time to take action to combat carrier capacity issues.
In a recent survey, 32% of online retailers expected logistics and delivery to be their biggest cost this year. The second reason is the new ELD (Electronic Logging Devices) Mandate which entered into force on December 18, 2017. The main solution – and greatest hope for companies engaged in shipping activity – is data analytics.
This article shares details on the Truck Tonnage Index, how the data reflects the overall economy, and other ways to interpret the data. Data Collection. The ATA creates the tonnage index through a series of surveys of its members. The index uses seasonally adjusted data and non-seasonally adjusted data.
The survey-based measure of factory activity -- the year’s second-highest behind September, when storm-related supply delays boosted the index -- brings the 2017 average to 57.6, Business sentiment has been high enough for long enough that it is actually starting to drive the ‘hard data’ in a positive direction.”. from 56.
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. Most importantly, no one expects that rates will decline in 2017. Contact us today.
2017 is projected to be a year in which more shippers break out of the mold, embracing newer transportation management systems ( TMSs ). Unfortunately, this means predictions for adoption rates in 2017 would be likely to remain in this range. Historical Data on TMS Adoption May Be Lower Than Reported. Yes, that’s free shipping!
Since the third quarter of 2017, many manufacturers have been regularly confronted by scarcity in the transportation market – a problem they haven’t encountered in years. Freight prices are also going up because of carrier rate increases since the last half of 2017. Shippers are feeling the effects of scarce carrier capacity.
Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. 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.
The use of predictive analytics in supply chain operations rose by 76% from 2017 to 2019 , according to surveydata. 30% of respondents said they were using this technology today, compared to just 17% two years ago. Warehouse construction in the United States finally outpaced demand over the past three months.
There were 94 total losses reported around the shipping world in 2017, down 4% year-on-year -- the second lowest in 10 years after 2014. In 2017 the downward trend of large shipping losses continued, according to a new survey, Allianz Global Corporate & Specialty's (AGCS) Safety & Shipping Review.
Is the fully wireless workplace continues to come into focus, and as warehouse and DC managers are tasked with doing more with less while exceeding customers’ ever-evolving demands, the global market for automatic data capture (ADC) solutions is growing exponentially. bar code labels). Zebra ranked No.
None of the respondents share data across multiple applications to manage inventory, network design and S&OP in an integrated way. These quiz responses are fairly consistent with a 2017survey by Lora Cecere’s Supply Chain Insights, which revealed that 65% of companies use spreadsheets for network design.
According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. We need problem solvers, people that can work with data from a data analytics perspective. The 2017 hurricane season,” Mr. Herzog said, “was a big event on our journey.
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. Improving Data Shows the Real Strength of Trucking. in 2017 versus 20.8%
Cyber risk is just one of the indicators of the index which reflects data related to economics, natural hazards and supply chains, and addresses concerns about business risks including political upheaval, fire and hurricanes. Although the internet transcends national boundaries, users, businesses and defenses do not.”.
Jason’s Law Truck Parking Survey and Assessment was developed and implemented to identify driver safety problems and avoid further tragedy. These reports included a 15% hike in miles traveled between 2012 and 2017 in addition to locations that were identified as problematic in a separate survey from 2014.
Survey results from ‘623 supply chain professionals across 17 countries’, concluded that one of the top industry challenges was ‘facing global competition’. Statistics reveal that in 2017, ‘full supply chain visibility’ became the 3rd ‘most important strategic priority’. Visibility. Customer-Centric Approach.
Solving the challenge and underlying issues will require focus and attention to internal processes, better communication with carriers and partners, and using technology to gather and make sense of the vast amount of data flowing through transportation networks. That all changed with the summer of 2017. Focus on the Right Data.
A Baker McKenzie survey of 800 business leaders in France, Germany, Spain, the Netherlands, Sweden and Ireland found that nearly half of respondents say their company has reduced investment in the U.K. percent, which is the largest fall since May 2017. Airbus closing plants in the U.K. since the Brexit vote. between £20bn and £40bn.
According to the 2017 MHI Annual Industry Report , released in April 2017, 80 percent of executives surveyed believe that digital supply chain will be the predominant model within five years. As supply chain leaders focus on the technologies that can perhaps drive the greatest benefits, one common denominator stands out: data.
A new survey analyses the maturity levels of large UK and German companies in their efforts to digitise their supply chain ecosystems – with a focus on sustainability and transparency drivers. The survey among 150 supply chain decision makers* reveals a major difference between Germany and the UK. Plans for supply chain investment. •
Mitigating your risk comes down to using technology to make better decisions faster by using better data. You must use a network of data to measure yourself against the current market and your peers. Technology allows shipment data like tracking and more to your customer in real-time using methods like APIs or geofencing.
Supply chain leaders are struggling to find skilled workers, according to surveydata. 65% of respondents said finding candidates with digital skills was their greatest challenge, up from 64% in 2018 and 63% in 2017.
According to a report* by UCL Hazard Research Center, there were 16 weather-related events in 2017 in the United States alone that cost one billion dollars each. According to the study, 47 percent of the surveyed supply chain professionals cited weather as “one of the top three factors external to their business that drives consumer demand.”
To provide a comprehensive overview, the author draws from various academic studies, reports, and surveys to shed light on the latest trends and best practices in supply chain management. A recent survey by Accenture (2021) revealed that 72% of SMEs and 78% of startups are actively investing in digital supply chain solutions.
For instance, a 2012 survey revealed that only 40% of supply chain professionals believed their educational background prepared them adequately for their roles, pointing to the need for curriculum reform (CSCMP, 2012). Future of supply chain survey. Gartner (2021). Gartner Research. Logistics education matters. MHL News (2019).
2017 was the year that blockchain technology finally made world headlines, but it was mostly for the wrong reason. Ethereum shares some common features with Bitcoin, including how it’s mined by computers and codifies unique data that can be used to track everything from transactions to an exchange of goods (more on that below).
Since you, as a shipper, rely on having the most accurate information available and applicable to your operation, understanding the trends identified in the third party logistics study can help your business grow throughout 2017. 3PLs and Shippers Report Positive Partnership Outcomes. The IT Gap Has Reached a Record-Low.
by December 18, 2017. Next-generation telematics solutions combine highly advanced telemetry, positioning and communications with cloud-based capabilities to automatically capture the wealth of real-time data available on fleet operations. More fleet managers are using telematics to save time and money by improving vehicle maintenance.
Each link in the supply chain is susceptible to fraud, waste, and delay; to say nothing of the duplicate data and paperwork that each company must process and maintain. The outcomes have provided visibility to track food with up-to-the-minute data, rather than relying on shipping information that is days or weeks old.
as: Connected, intelligent products that communicate with users, new digital business models that harness collected data to offer additional services and as-a-service products, products on the assembly line that tell shop floor machinery how they are to be processed. According to Accenture, they define Industry 4.0
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. Here are the complete data representing how many supply chain management professionals perceived these threats as significant. These disruptions included the following.
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