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Where and how manufacturers make products for Americans will change in 2017. The solution to this problem lies in understanding the “First Five” core concepts and industrial manufacturing trends throughout 2017, and you need to think how they will impact the industry and your company in the coming year. In its raw form, it is useless.
At the same time, technological advances such as the Internet of Things, automated transportation and similar futuristic innovations , have been offering the promise of disruption for the last few years without really delivering, although there is little doubt that they will, maybe in 2017, or maybe later.
Rebounding freight volumes and the proximity of the electronic logging device (ELD) mandate are set to change the industry in 2017, reports Sean Kilcarr of FleetOwner. Unlike the all-time highs of 2014, 2017 will reveal an industry on the cusp of restoring order and LTL rates to acceptable, reasonable levels.
An example would be hearing out reasons behind the needs each side wants to address. 4 Drivers of the Looming Transportation Capacity Crisis of 2017. What do you think will happen by 2017 in this transportation capacity issue? crisis may be an understatement rather than an over statement. Let us know in the comments below.
Where Freight is Going in 2017. For example, note how prior to the Hanjin bankruptcy there was a 30% markup from the 10% percentile of pricing to the 90%. For global forwarders and carriers, 2017 is kicking off with a hesitant excitement, accompanied by some very real worries. Transparency and Overcapacity. What It All Means.
Addressing this problem is at the heart of Manhattan Associates’ Active Solutions, which the company introduced a couple of weeks ago at its Momentum 2017 conference. As the press release explains: Today’s commercial enterprises are facing unprecedented market pressures.
In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. For example, he wanted a better way to manage tail spend. For example, the University may need to buy five snowplow attachments for the front of its Ford F-150 trucks. They recommended a change in leadership.
Although rate volatility is expected to stabilize in 2017, organizations must do more with fewer resources to survive. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. This graph shows how quickly the surge begin and rise in 2017. Consumers have power.
Cass Truckload Linehaul Index (February 2017). January 2017 North American Freight Numbers. 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. billion in current dollars in January 2017, a 6.7 in February. percent to $43.0
Which is why a drone took flight from the stage during Ryan’s keynote address at the Descartes Evolution 2017 Conference a couple of weeks ago and broadcast real-time video of the audience as it flew across the front of the hall. Descartes (@DescartesSG) March 28, 2017. million in FY 2017 (net income has grown from $12.0
In 2017 losses incurred from catastrophes such as hurricanes, wildfires, and earthquakes could make it one of the costliest years in history for the property insurance industry, Savitsky noted. Hurricane Maria, which slammed into Puerto Rico on September 20, 2017, is a prime example of a catastrophe that reverberates through supply chains.
Amazon Robotics Challenge 2017 won by Australian budget bot (BBC News). Starting October 2, 2017, returns of items that you fulfill and that fall within the Amazon returns policy will be automatically authorized. CommonSense Robotics raises $6M seed round to make on-demand logistics affordable for all retailers (TechCrunch).
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?
March 2017 Freight Transportation Services Index (TSI). One of my predictions for 2017 was that we would continue to see the convergence of commerce and logistics, as well as the ongoing convergence of technology and logistics service providers. Domino’s autonomous vehicle pizza delivery now live in Germany (ZDnet).
I’m guessing the researchers didn’t came across many examples of supply chain disruptions caused by cyberattacks in 2005, but based on the recent WannaCry and Petya cyberattacks, their findings seem to hold true today. As reported by the Wall Street Journal : Mondelez International Inc.’s last week, the company said Thursday.
For example, if a pharmaceutical company analyzed social media content and determined that people in specific geographical areas were discussing cold and flu symptoms, that could give them a heads-up that demand for products to treat those conditions are on the rise. to anticipate conditions that signal an emerging demand spike.
Cass Truckload Linehaul Index – September 2017. In the past month, for example, we’ve seen the following headlines: “ Air France KLM is Evaluating MRO Potential for Blockchain ” and “ TMW Systems Becomes Charter Member of Blockchain in Trucking Alliance.”
Last month, I attended and spoke at the Command Alkon ELEVATE 2017 conference , where I learned many things about the Heavy Building Materials (HBM) industry. For example, I learned that there’s a difference between cement and concrete, even though many people use the terms interchangeably.
LL4T1DCure Team Jersey 2017. In response to Hurricane Harvey, for example, JDRF and other organizations shipped more than 3,750 pounds of donated diabetes supplies to Houston (including 200,000 syringes, 50,000 pen needles and 20,000 alcohol pads) to help people with diabetes affected by the hurricane. How far is 100 miles?
That’s what I wrote last December in my supply chain and logistics predictions for 2017, and last September in The Day a Cyber Attack Brings the World’s Supply Chains to a Halt. South Florida Container Terminal, for example, said dry cargo could not be delivered and no container would be received.
The answers were revealed at the SummerCon 2017 conference a couple of weeks ago where LLamasoft introduced “Planning by Design” and SupplyChainPlanning.com, which the company describes as “building blocks to improve your current planning capabilities through design technology.”. What would this “next generation solution” be?
Cass Truckload Linehaul Index – May 2017. In short, this is another another example of “ truck drivers being treated like trash with no rights” and shippers passing the buck of responsibility onto their suppliers. JD.com chief Richard Liu sees drone delivery as the way to reach China’s rural consumers (CNBC).
This is yet another example of how some TMS vendors continue to expand the scope and features of their solutions (multi-mode, multi-geography, complex optimization). There were several well-attended sessions at the conference focused on fleet management.
Mobile technologies in transportation and logistics have come a long way over the past decade — that is, since the iPhone was first introduced, followed by Android devices. And when it comes to last-mile and home delivery operations, mobile technology has become indispensable.
One of my supply chain and logistics predictions for 2017 was that traditional software user interfaces would start migrating toward chatbots and virtual assistants. Some examples of what a user could ask Coleman: – “Coleman, what is the accounts receivable balance for ACME Corp?”
This is yet another example of how some TMS vendors continue to expand the scope and features of their solutions (multi-mode, multi-geography, complex optimization). What factors are driving this trend?
Lucas Systems, a seasoned player in the industry, is a prime example. Lucas began pivoting toward becoming an optimization company in 2017 when it introduced dynamic task prioritization and pick-path optimization. Kyle Franklin, a senior solution consultant at Lucas, gave a simple example. But Voice has come a long way.”
One of the companies she holds up as a positive example of a big company addressing environmental, social, and governance (ESG) issues is Walmart. A few years ago, for example, my oldest child explained to me that Walmart was a malignant force. By 2017, Walmart had met its goal of doubling the transportation’s fleets efficiency.
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.
For example: CH Robinson launched Freightquote – This platform takes aim at SMBs enabling simple online search and e-booking across multiple US trucking carriers. For previous years’ reports: 2015 , 2017 , 2018. The digitization of the freight industry is about improving speed and efficiency. . Keep reading for the highlights OR.
The importance of setting the tone of the relationship and being an example of what you expect. This means, for example, putting the company’s quality manager in contact with the supplier’s quality manager. Set The Tone Of The Relationship, Be The Example. In this way, if problems arise, solutions will be expedited.
million in 2017 to 3.7 ProRail uses algorithms to determine when and where a trespasser might decide to walk on the track, for example. Internet of Things (IoT) sensor-generated data is another key piece of improving railway efficiency and operations. million by 2025. Optimizing Railway Operations with Data. Making Data One’s Own.
significantly improved their ability to generate cash in 2017, producing the strongest working capital performance since 2008. In 2017, companies significantly extended payments to suppliers, taking 3.4 Performance of the other major elements of working capital performance, receivables and inventory, both deteriorated slightly in 2017.
For example, initiating a recall is streamlined through blockchain by showing all movements of affected shipments. For example, an e-commerce warehouse using a blockchain-based system like a smart contract could automate payments processing. Payment Management Forms Another Key Freight-Use for Blockchain-Based Systems.
Tim Dalton, Director of Professional Services at BluJay Solutions , discusses the following questions and more in this timely and informative episode: Did the warning signs that emerged last year prompt many shippers to initiate a procurement engagement in 2017? Are more shippers putting their freight out to bid this year?
Below is a comparison of 2017 vs. 2018 parameters for oversize shipments: Source: enVista. For example, if a package qualifies for oversize according to FedEx’s definition, it will receive an $80 charge (list rate). With the 2018 General Rate Increase (GRI), FedEx and UPS are further “tightening the vise” for oversize packages.
Gatik was founded in 2017 and has since raised $115 million in funding. For example, AV supplier Tortoise reportedly hands its human supervisors an Xbox controller to steer robocars down the last mile in North California, in a collaboration with supermarket chains Safeway and Kings. Money on the Middle Mile.
The data these investors and purchasers gather from CDP is crucial to inform their decision making, help them engage with companies, reduce risks and identify opportunities. “ million (US$3.6 billion (US$4 million).
Among the new trends in manufacturing improving the industry, additive manufacturing and cloud-based systems will push manufacturing forward in 2017. Let’s take a closer look at final five trends in manufacturing to watch for in 2017. At the end of 2017, manufacturing will still look similar to what it is today. The Big Picture.
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. 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).
One example is the Australian Strategic Domestic Munitions Manufacturing contract, which allows industry access to government-owned/contractor-operated (GOCO) facilities to produce the most critical explosives and ordnance. These two examples highlight the dependency on just one facility as the main source for a military-specific product.
This example generates a huge amount of data that can leverage in the supply chain. While this example may still be a few years off, it is important that you understand how the top emerging trends in automation will shape supply chains and transportation processes in the coming years. The truck never stops until arriving for reloading.
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.
From boosting the level of artificial intelligence to promoting better means of mitigating and preventing risks, technology will change how manufacturers grow throughout 2017. The First 5 Manufacturing Tech Trends of 2017. Manufacturers will face many challenges in 2017. Artificial Intelligence Will Grow More Important.
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