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Top Technology Trends: Supply Chain 2020 – Part 2

Morai Logistics

In the year of the pandemic, technology is more important than ever for supply chains—here are four more technological trends to pay attention to in 2020. Last week’s article covered four of the most prominent technology trends this year as outlined by Gartner. Immersive experience technology presents such an opportunity.

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Forecasting: Getting Your Supply Chain Forecasting on Track in 2021

Morai Logistics

Forecasting was made more critical than ever in an unpredictable 2020. A Forbes article on improving forecasting explains, If legacy forecasting models were out of date before, they’re practically obsolete now. What’s more, they present a number of vulnerabilities that are difficult to combat without modernization.

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Air freight Incoterms 2020

Globalior

The International Chamber of Commerce (ICC) published the latest version of Incoterms, which is the 2020 update that replaces Incoterms 2010. Incoterms 2020 is expected to be in effect at least for the next 10 years. Free carrier (FCA) requires presentation of on-board bill of lading to the seller. DAT has been changed to DPU.

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Supply Chain Technology 2020: What to Expect?

Blue Grace Logistics

However, 2019 did see some of the newer technologies making big strides and are expected to be in trend in 2020 as well. The autonomous trucking industry is expected to keep up the momentum in 2020 also. So in 2020 also one can expect AI to be an important part of the technological revolution in multiple supply chains.

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Analysis: Today’s Global Economy vs. Global Container Shipping

MTS Logistics

increase from 2020. According to a recent article, Maersk Line is expecting container volumes to drop by 4% in 2023 globally, while their previous forecast was 2.5%. According to an ING article, scrapping is reducing capacity by 3-4%, slow steaming around 5-6%, and blank sailings have not shown any significant impact this year.

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5 Ways 2020 Has Remade the Luxury Industry

Mazars Ledger

Luxury brands have long been known for their ability to control how their products are presented and sold. However, the… The post 5 Ways 2020 Has Remade the Luxury Industry appeared first on Insights Center - Mazars - United States.

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DFB Tech Stack: Invoice Reconciliation

Parade

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. According to a poll conducted by Deloitte, 39% of consumer and industrial products professionals found at least one instance of fraud or abuse in their supply chains in 2020.