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According to a global study, 2017 Sustainable Procurement Barometer, conducted by EcoVadis and HEC, 97% of the surveyed supply chain professionals from a total of 120 companies regard sustainable procurement as highly important. Global think tanks and analysts expect upcoming trends towards companies being pressured […].
Paluzzi spent 10 years at Coyote Logistics overseeing technology product strategy and delivery before joining Logistics Dynamics as Chief Information Officer. 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.
From Deloitte comes their Deloitte Blockchain Survey2017. It’s an online report of their findings. The report is about investing and executive views in the blockchain technology. There’s a lot of floundering as you would expect from a new technology that’s poorly … Continue reading →
Our annual salary survey reveals that the typical material handling and logistics professional earns $93,697. As the results of the MH&L 2018 Salary Survey indicate, the size of the paycheck has become almost as important. “If The single biggest challenge facing the industry is lack of qualified workers in all aspects of logistics.”
A recent survey found that 62% of companies affected by hurricanes last year admitted they were “not completely prepared” to deal with them. One conclusion of the survey was that executives admitted they were not totally prepared and are making improvements for the future. Louis Gritzo, vice president, manager of research at FM Global.
According to a recent survey conducted by KLR one of the largest accounting firms in New England, manufacturers are largely positive about where their industry is heading. KLR discovered that more than half of New England manufacturing executives expect continued revenue growth in 2017.
He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. Manufacturing strategies. Jason has been recognized with multiple awards for research and teaching. Click here to see Jason’s profile on MSU’s website. The Three Main Supply Chain Functions.
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. While important, it takes more than executive buy-in to enable digital transformation.
small and middle market enterprises (SMEs) are feeling very optimistic about the international market according to the 2018 American Express Grow Global Survey. They forecast that revenue derived from exports will increase by more than 50% over the next five years, up from only 18% who projected this level of increase in 2017.
Learn how to organize your data operations in alignment with supply chain strategy. The techniques require different degrees of sophistication, but even the relatively simple exercise of putting data from different sources in the same space and producing a visual representation can suggest strategies for transformation. Getting There.
From limited visibility beyond their tier-one suppliers to teams that don't have the capabilities to deliver on the strategy, procurement officers have their work cut out for them. Yet challenges remain: More than half (51%) of procurement leaders surveyed do not believe their teams have the capabilities to deliver their procurement strategy.
Editor's Note: Our friend, Jim Bierfeldt with LogisticsMarketing.com , came up with a 3PL Survey for buyers of logistics services. Take the survey below. Over the past few years, we have surveyed about 350 different buyers of logistics services. Three themes emerged from survey results : YOU DON’T KNOW MY BUSINESS!
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 In 2017, companies significantly extended payments to suppliers, taking 3.4 working capital performance 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. As your company has most likely experienced, the weather is a huge influencer in a supply chain’s strategy, performance, and bottom line. Creating competitive advantage.
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.
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. Adapt the freight allocation strategy to handle scarcity .
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. It is in your best interest to implement a TMS now, and 2017 is the year to do it.
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. in 2017 versus 20.8% The Impact of Technology.
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.
percent increase in female drivers from 2017 to 2018, Shaver says. It’s remarkable, then, that a recent customer survey by DriverIQ, a provider of back- ground screening for the trucking industry, showed that 35 percent of companies have NO programs aimed at recruiting and retaining women drivers!
According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. Supply Chain Strategy. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Supply Chain and Business Success By the Numbers.
The results, based on a representative survey among more than 200 companies, shed unparalleled insight into key challenges in the industry, as well as best practices to improve supply chain performance and operation. We found three key strategies that could serve as a blueprint for other supply chains: Rethink Packaging.
Millennials are important, put a strategy in place to attract and retain . 30% of respondents in an APICS survey stated lack of knowledge transfer or training was a key challenge, among the top 5. ” Here are three things you can do to attract and leverage talent for the digital supply chain. .
This new customer-centric reality is prompting manufacturers and retailers of all sizes to revisit their strategies and capabilities to succeed in this highly- dynamic, highly-uncertain, and highly-competitive environment. In March 2017, for example, Walmart pulled the plug on building a 1.2-million-square-foot
small and middle market enterprises (SMEs) are feeling very optimistic about the international market according to the 2018 American Express Grow Global Survey. They forecast that revenue derived from exports will increase by more than 50% over the next five years, up from only 18% who projected this level of increase in 2017.
According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. A skills assessment survey was done to measure potential gaps against a pre-determined skills matrix. The 2017 hurricane season,” Mr. Herzog said, “was a big event on our journey.
Mates in Mind was established in 2017 to address mental ill health in the construction sector and more recently, has partnered with an increasing number of logistic and transport companies.
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. As your company has most likely experienced, the weather is a huge influencer in a supply chain’s strategy, performance, and bottom line. Automation for operational processes.
The Content Marketing Institute (CMI) has released the results of its annual manufacturing content marketing survey, and there have been some big changes since last year. Manufacturing companies are realizing how much there is to gain from inbound marketing strategies. A documented strategy gets results. Going forward.
Of course, all of this is easier said than done, but new challenges tend to require new strategies and new innovation. That all changed with the summer of 2017. While the hurricanes of 2017 were the tipping point that finally drug us into this tight capacity market, they weren’t the sole reason.
Millennials are important, put a strategy in place to attract and retain. 30% of respondents in an APICS survey stated lack of knowledge transfer or training was a key challenge, among the top 5. ” Here are three things you can do to attract and leverage talent for the digital supply chain. . Use accessible technology.
In our conversation, Ken spoke about some of the findings from a recent survey Logistyx conducted on cross-border holiday spending, as well as some larger trends around the state of parcel shipping. Retailers need a clear returns strategy and one that makes the process clear and easy for consumers to follow. Returns Management.
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.
The November 1977 issue of Harvard Business Review carried an article titled “ Logistics – Essential to Strategy ”. In 2017 the transportation sector alone contributed 8.9 Statistics from another survey revealed that 56 percent of online customers in the age group of 18-34 years look for same day delivery options.
Source: Council of Supply Chain Management Professionals 2017Survey. Here are some of the planning roles that you could aim for: Supply Chain Planner : Typically a management role with responsibility to analyse supply chain performance and develop strategies for improvement. Other Supply Chain Careers.
There are no old surveys to throw out or extra printing costs. And certainly, no one left using an old version of the survey. There is a pressing need to eliminate the lag time between when a survey is completed in the field and when it is received. Solution: REAL TIME DATA.
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.
million twenty-foot equivalent units [TEU], making 2017 our busiest year ever,” says Mario Cordero, executive director of Port of Long Beach. Port terminal survey reveals more on automation trends. But as we saw in our survey, exploration and implementation will continue to evolve to meet the needs of their shippers. Top 30 U.S.
The majority of respondents taking part in the 2019 Council of Supply Chain Management Professionals/Penske Logistics Young Professionals Survey, which surveyed more than 100 supply chain professionals under age 30, said they enjoy working in the supply chain and that it makes them content.
Survey: Product Management Tools. I’m conducting a survey of b-to-b product managers and what applications they do (and don’t) use. Take the 2017 SiriusDecisions Product Management Tools Survey now ! Jeff Lash (@jefflash) January 26, 2017. Jeff Lash (@jefflash) January 12, 2017. How well do they work?
It looks like they are marching upwards through 2017, which means shippers need to take early action now. Through 2017, most shippers anticipate rising freight rates (56%). Many shippers expect prices to remain stable (44%) but no-one thinks that rates will decline (Transporeon/Xeneta survey, 2016).
Another is getting a product strategy in place. According to the survey, half of grocery customers surveyed said they would choose next day delivery or longer if they could pay even lower pickup fees. One key part of this is to determine holiday hiring (see below).
million twenty-foot equivalent units [TEU], making 2017 our busiest year ever,” says Mario Cordero, executive director of Port of Long Beach. Port terminal survey reveals more on automation trends. But as we saw in our survey, exploration and implementation will continue to evolve to meet the needs of their shippers. Top 30 U.S.
It’s the second consecutive year that these company obtains that valuation, according to the Randstad Employer Brand Research report elaborated from more than 7,200 surveys nationwide. In the global market it grows 17% in 2017 and only in Spain the turnover of electronic commerce increased almost 25% year-on-year, reaching 6,756.9
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