This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
This article by Morai Logistics runs down 4 of the most noteworthy supply chain technology trends to watch out for in 2020. However, it’s in 2020 where it’s set to finally start seeing wider adoption. They’ll be able to manage and transfer data at rates far greater than before.
Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supply chain predicated on lowest-cost principles. Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Data Visibility in the Supply Chain. Today, China represents some 16% of global GDP.
Recently, Dehoney served as CEO of Manning’s Truck Brokerage, a 50-year-old, logistics company acquired in 2020 by Fitzmark, Inc. The podcast interview was based on an article Charley recently wrote called: Top Trends in Supply Chain Technology for 2021. Trend number 3 – International Ocean Freight Data and Visibility.
Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. Above-average holiday shipping seasons in 2020 and 2021 led to an above-average returns rate in the usual Quiet Season. Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. Q3: The Peak Shipping Season.
This article was written to concisely aggregate and communicate that information from a supply chain perspective. However, the major partners discussed in this article include P fizer – BioNTech , Moderna , McKesson , FedEx , and UPS. The Primary Distribution Partners. As of January 5, 2021, 17,020,575 have been distributed.
This article was written to concisely aggregate and communicate that information from a supply chain perspective. However, the major partners discussed in this article include P fizer – BioNTech , Moderna , McKesson , FedEx , and UPS. The Primary Distribution Partners. As of January 5, 2021, 17,020,575 have been distributed.
This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at fortifying warehouse and distribution centers against cybersecurity attacks. Cybercriminals are increasingly targeting this growing sector due to the large amounts of data stored in these systems and their potential value.
According to Richard Howells of Forbes , the 2020 Oxford Economics survey found “49% of supply chain leaders (the top 12 % of respondents) can capture real-time data insights and act on them immediately, while 51% use AI and predictive analytics to capture insights. Freight market data size consistency matters.
Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. While creating a demand-driven supply chain means ingesting and interpreting large volumes of data, advances in cloud computing and edge computing make data-based decision making easy and cost-effective.
ARC Advisory Group and DC Velocity magazine have closed our joint survey on the changes logistics operations have experienced in the upheaval of the Covid-19 operating environment in 2020; and the expectations these same executives have about their operating environment in 2021. We are currently compiling and analyzing the response data.
Original Article: FOSC: Collaboration drives last-mile success. With all the disruptions in the supply chain since 2020, the last mile has been in a constant state of flux. We took an API-first approach because the fluidity of the data has to be there. Click for more articles by Brian Straight. It can’t be manual.
Supply chain forecasting is the difference between data-driven decision-making and floundering in the dark—here’s how companies can ensure theirs is as good as can be in 2021. Forecasting was made more critical than ever in an unpredictable 2020. These include: data silos, inflexibility, blind spots, and more.
This article, which is focused on the different types of artificial intelligence used and the types of problems they are solving, is aimed at helping practitioners cut through the hype. Planning applications don’t work well if the master data they rely on is not accurate; this is known as the “garbage in, garbage out” problem.
This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. According to recent statistical data, vacancy rates for industrial real estate across North America have been declining since 2020 and reached an all-time low in the third quarter of 2022.
This article is from Emerge and offers tips for trucking companies to decrease their insurance premiums. As an example, from data taken from the ATRI report, in 2020 a small fleet of fewer than 20 trucks would have paid about three times as much as a large fleet with more than 1,000 trucks. To read the full article, click HERE.
Let’s look at some of its real-world uses in 2020 across the public and private sectors to see which prominent players have embraced blockchain, to what end, and what kind of inroads it’s making into the supply chain environment. So how well is blockchain living up to commercial and organizational expectations?
A couple of weeks ago I wrote an article outlining how cargo theft is on the rise. Based on data from the FBI and Google Trends, package theft is big business. Since 2020, online shopping has hit $1.7 In the United States alone, cargo theft is a $15 to $35 billion industry.
Last week, Clint Reiser published an article highlighting our 2022 supply chain predictions. Three years ago, my colleague Steve Banker wrote an article about the Amazon supply chain , asking if it was the most innovative in the world. Data from the U.S. year-on-year in 2020 with a 39% increase in Q1 2021.
In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.
After a year dominated by a pandemic, many of the anticipated trends heading into 2020 have been reconsidered—here are 6 to be mindful of going forward. This article by Morai Logistics presents 6 of the most prominent trends in supply chain today. Big Data Remains Critical. One key facet is data. AI Continues its Ascent.
Today’s article is from Open Sky Group and highlights the need for a smarter transportation management system. But have you ever associated it with supply chain life in 2020? To read the full article, click HERE. Dodge ball. Mention the game and almost everyone has something to say.
Bouncing back more quickly, said experts, will require supply chain managers to turn to new ways of managing the supply chain, including using Internet of Things (IoT) data, analytics and machine learning (ML). An AI system needs to be fed data sets to learn how to behave and react. And again, data quality is a huge concern. “The
When data on causal factors is not readily available, it can be informative to review the behavior of certain industries or economic activity in response to disruptive events. Hopefully something in this article will trigger a useful thought for you and improve upon your forecasting so you can be ….somewhat somewhat close.
Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022. and Target Corp.
In 2018 a Forbes magazine published an article entitled “Every company is a data company” in which the authors urged all companies to use data as a core asset. That is now becoming a reality as businesses come to realize that data is the most significant asset they possess. Growth of IIoT. IIoT use cases.
The Wall Street Journal (WSJ) published an article on the increasing use of machinery to create made-to-fit boxes for more efficient fulfillment shipping. Xeneta’s data analysis shows that containerized imports from the far east to the US increased substantially from 2017 to 2022. is the new kid on the warehouse robotics block.
Mr. Tramontano gave me permission to cite him in this article, but he wanted to make it clear that all opinions expressed were his own. They kicked off the Kinaxis implementation in October of 2020. On the commercial side of the business, there is historical sales and shipping data. This makes demand forecasting viable.
In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. One of my predictions within that article is that inflation will hinder supply chain resiliency efforts. Inventory Management in a High Inflation Environment ; Clint Reiser. Here’s my take on the topic.
This is a complete break from tradition — excluding the pandemic-fueled rise in 2020.” With rates on the floor, some shippers may be taking advantage of a stable environment with the future still uncertain,” Strickland noted in his recent article. By utilizing SONAR data, users can pinpoint opportunities before they happen, not after.
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 index is updated every month but experiences a one-month lag between data compilation and reporting. compared to the same time frame in 2020.
Dr. Valsecchi spoke at ARC’s Accelerating Digital Transformation in a Post-COVID World on a 5G panel and then expanded on his thinking after I sent him a draft of the article. 5G brings higher data rates, more cybersecurity, and a more reliable connection. Covestro is a leading producer of advanced polymers.
If you want to argue that these changes are in technology only, there was a recent Bloomberg article which noted that: “companies from noodle makers to semi-conductor giants are spending on new plants and machinery in ways they haven’t done for years.” Manufacturers thriving on data. Leveraging the data ocean.
By analysing data to determine areas affected by late deliveries. Adding artificial intelligence into TMS systems allows operators to mine a trove of additional data, such as weather conditions and traffic congestion, to improve performance even further. By identifying potential multi-stop routes. Warehouse Management Systems.
And while leveraging a freight rate index or ocean import data to lower detention risk , the sheer size of the supply chain makes management difficult at best. When supply is limited, like trucks have been for much of 2020, and the demand stays high, freight management becomes about more than simple schedules and asking who’s available?
New data shows growing signs that Mexico is emerging as a hub for suppliers to export goods amid global geopolitical instability. Shippers are actively searching for alternative suppliers outside of China to make up for delays related to Covid-19 outbreaks, port bottlenecks, extreme weather, and other conflicts. An Overview of Mexico Exports.
If 2020 and if 2021 proved anything, it’s that the omni-channel selling environment is here to stay. According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components. But, as we know, supply chain conditions were far from perfect in 2020 and 2021.
Over the course of four days from November 9-12, 2020, we’ll be bringing you all of the things you love about WorkWave User Conference, from value-added training and thought leadership roundtable sessions to captivating speakers and exciting contests. So don’t delay—register for WorkWave User Conference 2020 today !
It was a lot easier in 2020, 2021 and the first half of 2022,” Ryan told attendees at the conference, held June 11-13, that his company during the pandemic grew from 1,200 employees to 10,000 as business opportunities surged. READ THE FULL ARTICLE When we realized a downturn was coming, we repositioned our company,” he said. “We
This article might help you cultivate that understanding, as it offers a brief overview of the factors influencing high container freight costs—and the challenges of volume forecasting. That means sharing your volume data with them and avoiding the exploitative practices of phantom bookings and overbooking.
Neither of the customers highlighted in this article fall into that category. In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain. The largest impediment in the implementation was that much of the master data was dirty and the process of cleaning it took time.
“Robotics, Big Data manipulation, machine learning and artificial intelligence techniques are enabling machines to match or outperform humans in a range of work activities, including ones requiring cognitive capabilities,” explains Richard E. Innovation, creativity and communications are the skills on that next rung. Pero is finding.
Venture-backed grocery companies have raised over $10 billion so far in 2021, according to data from Pitchbook. According to Statista, the US online grocery market is estimated to hit $41 billion in 2021, up from $34 billion in 2020. As of the writing of this article, Instacart is valued at $39 billion.
TQL data showed that trade going through the city is up about 8% from last year, now making it the busiest trade port in the U.S. Uber Freight data shows that around 75% of the nearshoring activity is coming to the northern territories of Mexico. READ THE FULL ARTICLE We’re seeing less activity in the interior of the country.”
Key takewways in this article are the following: As technology and geopolitical risks converge, cyberthreats of all kinds become more prevalent and costly, from ransomware to trade-and-tariff wars. In 2020, for example, a conflict between Armenia and Azerbaijan created supply chain issues downstream. Know where data is.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content