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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. Thus, it remains to be seen whether it will take off for supply chains in 2020 or whether it’ll take more time.
This year’s increased COVID-19 instances, extreme weather events, and Suez Canal closure increased the difficulties. In addition to the already limited supplies, in October 2020, an Asahi Kasei semiconductor facility specializing in ADC and DAC components caught fire.
When I first began planning this article, the most significant impacts of COVID-19 were primarily limited to Mainland China. Air Freight Transportation Trends 2020. In the two years or so before 2020, capacity growth had been outstripping the rate at which demand was rising, keeping air freight rates down. sulphur content.
Anyone that is ordering goods to be delivered in February or March will be told that they are only likely to arrive between April and May 2020 due to the Chinese New Year festivities. This article highlights some of the critical issues that traders need to be aware of so that they can plan. When is Chinese New Year 2020?
At that time, I wrote about the COVID pandemic, and how similar events occur that elevate the uncertainty of the market. These events make accurate forecasting very difficult. Review of Prior Impactful Events. Well, here we are just two years later in another highly unusual market context. somewhat close.
While last year, for our 20th anniversary, our holiday event felt like the beginning of life after Covid, this year, everything felt back to normal just like before Covid. 2022 saw another volatile year for shipping following the 2021 and 2020 unique scenarios that led to the ongoing supply chain crisis. A great time was had by all.
My colleague Steve Banker published an informative article in 2020 about this extensive initiative Ahold Delhaize’s Supply Chain Transformation (forbes.com). In the first three quarters of 2020, Ahold Delhaize USA reported a 115 percent increase in online sales.
Geopolitical events. Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020.”. Natural disasters.
This article is from Audrey Dong, from KNAPP , and looks at e-commerce in China and the impact of Singles Day. For example, the gross merchandise volume of Alibaba Tmall has increased from $5 billion in 2013 to $78 billion in 2020 as below chart. billion in 2020. In the past the event was only held on Nov.11 1-3 and Nov.11.
For the first time since 2020, I was back in New York City for the NRF Big Show. I will cover this in an article next week. CargoNet recorded 1,778 supply chain risk events across the United States and Canada in 2022, an increase of 15 percent from 2021. Events that involved the theft of cargo increased by 20% year-over-year.
Major weather events pose a significant disruption for supply chains, and hurricanes are no exception. Major weather events pose a significant disruption for supply chains, and hurricanes are no exception. We’ve created our 2020 Hurricane Preparedness Guide to help you make sure your supply chain is protected.
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.
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 !
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?
Logistics in War began 2020 by announcing that it would focus on preparedness and national resilience. The topic was being discussed freely in Australia, communicated in articles on topics ranging from national fuel supplies, to the increasing securitisation of geoeconomics, to the posture of the Australian Defence Force (ADF), and so on.
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. year-on-year in 2020 with a 39% increase in Q1 2021. Data from the U.S.
Manufacturing companies that have relied on China for production materials are feeling the blowback of this dependence; some retailers source more than half their inventory from China, according to 2020 Statista data. In order to build a correct demand plan, one-off events have to be identified and accounted for,” wrote Ralf W.
Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supply chain predicated on lowest-cost principles. Many product components are sourced from Asia, which experienced a major slowdown in production in early 2020. But with a black-swan event, it just magnifies the risk.”.
Its Active WMS Solution is marketed as “the last WMS you’ll ever buy” ( see interview in Logistics Business, September 2020) and with nearly $600M in R&D spend over the past decade, it has the heft to back up the claims. Read the whole article here. The post Exchange 2020 appeared first on Logistics Business® Magazine.
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.
What is Incoterm® 2020 DAP? The Incoterm 2020 DAP (Delivery at Place), requires that the cargo be delivered by the seller at a place designated by the buyer. In the event that the merchandise is damaged or lost at any stage before reaching its final destination, the seller will not be able to deliver.
A year before, in 2014, a Harvard Business Review article pointed out that supply chains were becoming increasingly global and complex and consequently more at risk than before. One source reports disruptions increased over 60% between 2019 and 2020. It went on to add that the consequences for significant disruptions were enormous.
This article shares details on the Truck Tonnage Index, how the data reflects the overall economy, and other ways to interpret the data. In April of 2020, we saw the index dip down to its lowest figure since 2017. compared to the same time frame in 2020. Data Collection. The State of Trucking Tonnage. Overall tonnage is down 0.2%
What’s in the article: This blog covers the following topics : How the price rise has impacted businesses during the pandemic . Probable events that will lead to a downfall in freight prices. Further, the pandemic has caused a series of economic events that have changed the way businesses run today. Speed is up 6% year on year.
That’s why we’ve created this list of the top logistics and supply chain journalists and thought leaders that we follow and suggest you check out in 2020. . Paul Abbott is an expert logistician with more than 25 years working on articles for the supply chain space and more than four decades working as an award-winning journal.
This article by Morai Logistics covers several of the most significant factors that are influencing supply chain management today. In 2020, that already incredible growth became even greater. The Ecommerce Boom. The growth in ecommerce has been astounding. For years it’s been rapidly rising.
It is necessary for us in the ADF to prepare for the confluence of events that inevitable occur over a longer term than we envisage. We need only look at the events of late 2019 and 2020 and the confluence of bushfires, pandemics, and geostrategic tensions to show how organisations and other groups respond to the foreseen but unanticipated.
Planning for huge sales events is a tad overwhelming, which is why we’ve got you covered with this short and sweet FAQ. Prime Day 2020 will run from Tuesday, October 13 to Wednesday, October 14. With that being said, Prime Day 2020 is slated to be huge , so you might prefer to cash in on the action now and opt for smooth sailing later.
I can answer some of those questions and share with you my thoughts, experiences, and observations of this impactful event in LTL history. A stint of other factors after that didn’t put them in a better position when COVID-19 rolled around in 2020. We saw news articles and hit pieces about the conflict, week after week.
That’s one and a half million dollars of sales in the time it took to read this article’s first sentence. But changing Chinese demographics and global logistics trends may transform Singles’ Day 2020 into a major milestone for US exporters and retailers. In a single day in 2015, Alibaba handled an average of $9.9
The article added that “the bulk of survey respondents operate between 6 and 25 trucks (1,570 of the 1,982 surveyed) [and] their adoption rates hovered around 40 percent.”. Data from transportation procurement events mirror these results. Does this mean that all of this capacity will exit the market?
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. This can help to detect possible dangers like temperature fluctuations, power loss, water intrusion, and other potentially damaging events. IIoT use cases.
In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations. and Unnu, Kaan. [2] and Unnu, Kaan. [2]
2020, the Year of the Rat, is finally scurrying away… and most of us couldn’t be more relieved. If you outsource any part of your business to China, consider this article a must-read. Planning ahead is especially important when your online store sells niche products that are close to holidays or events around the Chinese New Year.
According to Smart Company , exporters have reported that wine sales to China were down by as much as 90 percent in the first two months of 2020. Unprecedented challenges in forecasting and inventory sizing throughout 2020 and perhaps even beyond. How Imports Have Been Affected.
Ahead of Logistics Manager’s annual two-day Supply Chain Conference on 17 and 18 March 2020, we asked some of the speakers at this must-attend event exactly what… The post 'Struggling 3PLs, data analytics and Brexit…' What will have the biggest impact on supply chains in 2020?
By 2020, virtual reality is estimated to be valued at USD $70 million. This article by Morai Logistics looks at the ways VR is shaping the way supply chain operate to address current challenges faced in the industry. million by 2020. VR has enabled many industries to take an innovative approach to engaging customers. 3-D images.
Ahead of Logistics Manager’s annual two-day Supply Chain Conference on 17 and 18 March 2020, we asked some of the speakers at this must-attend event exactly what… The post 'Struggling 3PLs, data analytics and Brexit…' What will have the biggest impact on supply chains in 2020?
In fact, the eCommerce boom of 2020 has made warehousing harder to come by than any time in recent memory. In this article, we’ll look at current warehousing trends and tell you why a North Carolina warehouse may make sense for your company. as of Q3 2020. Online sales increased a whopping 44% in 2020 vs 2019.
This article is an attempt at summing up the major economic events that are slated/expected to take place across Asia which is likely to shape up the economical picture of the continent. However, this scenario came to a screeching halt in 2020. Disinflation. International Travel Policies.
The years 2020 and 2021 have not been easy for any company engaged in shipping containerised freight internationally. To further compound the issue, some costs are incurred only in the event of problems arising at the ports of loading or discharge and are impossible to foresee when booking a shipment.
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. These “events” are turned into supplier scores, and if significant the score goes flagged in the Oracle procurement system.
In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. But even since July 2020, much has changed. We tend to focus on pivotal events like COVID supply chain issues or the Russian invasion of Ukraine as game-changing events. And they are.
It started with a supply disruption out of China in late 2019 / early 2020. We then went into a demand crisis in April / May of 2020 and then for many industries it very quickly turned right back to a supply crisis. Much of this has been covered and many articles written so I will not rehash them here.
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