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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.
COVID-19 caused a global upheaval in order fulfillment processes throughout 2020. At the beginning of 2021, ARC Advisory Group, in partnership with DC Velocity magazine, anticipated factors such as a subsequent surge when we crafted our survey of warehouse practitioners. Meanwhile, caution is prevalent as well.
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. Throughput Volumes.
Read the full article here. A recent survey shows consumers and retailers are feeling confident about holiday fulfillment. Check out the survey results here. Survey indicates optimistic view for the manufacturing sector. when the same group was surveyed back in May. Check out the full Transport Topics article here.
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.
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. Geopolitical events.
Disclaimer: This article is a zoom out for the less freight-inclined. In the last quarter of 2020, it became clear cargo rates weren’t coming down anytime soon. (AKA why that couch you ordered isn’t here…and isn’t getting here tomorrow). Let’s talk freight. . Enter, a global container shortage.
This article shares details on the Truck Tonnage Index, how the data reflects the overall economy, and other ways to interpret the data. The ATA creates the tonnage index through a series of surveys of its members. In April of 2020, we saw the index dip down to its lowest figure since 2017. Data Collection.
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. Seifert and Richard Markoff in the article “ Demand for AI in Demand Planning.”.
This week, for example, CCJ reported that “60 percent of fleets running between 1 and 100 trucks have yet to adopt ELDs, according to a recent survey conducted by CarrierLists.” According to the survey results, only 33 percent of small carriers have fully integrated ELDs into their fleet. and part of me says “This is so scary!”
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.
This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. Skills Shortages. skilled production workers. researchers. machinists. scientists.
Article summary. A recent survey by Deloitte reveals that business leaders overwhelmingly (93 percent) believe that companies are not merely employers, but are also stewards of society. A Reputation Institute survey found that 91.4% What does corporate social responsibility really mean? A commitment to CSR pays off.
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. Data should offer insight into contract versus spot market dynamics.
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. The payoff is well worth it.
When the COVID-19 pandemic began wreaking havoc in global supply chains early in 2020, many companies realised that they didn’t have the resources, personnel, or computing infrastructure to deal with the disruptions. percent between 2020 and 2027. 4PL companies often contract 3PL providers to carry out logistics services for them.
According to the Business of Sustainability Index , despite intense inflation since 2020, 66% of general US customers and 80% of young adult (ages 18-34) US customers surveyed in 2022 are willing to pay more for sustainable products/companies that embrace sustainable practices. Clearly explain cause and effect. The problem?
26 tugs; 9 pilot boats; 2 pilot helicopters; 7 work boats; 4 dredgers; and 3 survey boats. The controls are too many to list in this article, but summaries of what has been covered in the various notices appear below, together with access to those notices. using below key resources *. Information from Transnet website.
What’s included in this article: What is Operation Safe Driver Week 2021. Impact from the 2020 Operation Safe Driver Week. Over one hundred and fifty thousand crashes have occurred in North America in 2020 according to the safety progress report by the Federal Motor Carrier Safety Administration (FMSCA).
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.
Since early 2020, global trade has been buffeted by waves of increased customer demand, supply chain challenges, and constant uncertainty and volatility. Since early 2020, the supply chain ramifications of COVID have been a rollercoaster for businesses of all shapes and sizes. What Goes Up, Must Come Down.
In this article, Daniel investigates how the US can overtake China with manufacturing productivity. However, the US is closing the gap and is expected to claim the crown by 2020, according to ‘ The Made in America Movement ’ - a non-partisan organization lobbying for American manufacturers. Armagard investigates….
This article reinforces the requisite for millennials in the workforce by outlining the current transformations they have made in communications and the workforce. The reality is in 2020, 50-55% of the population is going to be the millennial generation in the workforce. New Forms of Communication.
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. Source: Bain & Co, Digital Supply Chain Institute, 2020. Reduce costs.
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. So in a recent freight market intelligence survey conducted by Freightos, we asked over 200 BCOs, forwarders and carriers about needs, use cases, and interest.
billion (USD) in 2020 and $164 billion by 2024. Britain: A February survey by debit and credit card operator Barclaycard found that more than a quarter of shoppers indicated they were avoiding high streets and other busy places for fear of contracting the virus. It is estimated to reach $122.7
In this bylined article , Ralf Russ, Accenture Managing Director, writes that by 2020, connected and intelligent products are predicted to be the biggest “user group” of the internet, estimated at 24 billion devices. Gartner estimates that in 2020 more than 26 billion devices will be able to communicate and signal via the internet.
In fact, the yearly turnover rate for major truckload carriers increased to 92% in 2020, while it increased to 74% for smaller freight carriers. Despite the slump all industries faced post the pandemic, truck driver turnover rates rose by double digit percentage points in 2020. Recognize when an employee performs really well at a task.
seemingly ignored inventory data that the pandemic-driven buying spree that lasted from March 2020 until the end of 2021 was waning, leading to bloated inventories, according to an article written by FreightWaves’ Mark Solomon. The company’s survey of Fortune 100 companies showed that 77% have implemented hybrid work schedules.
The risk management process as well as code of conduct surveys can be automated, while a supply chain information management system will allow suppliers to be screened for risk. However, if your company has dozens, or even hundreds, of first-tier suppliers, collecting information can prove to be a gigantic undertaking.
For instance, a recent Forbes article shared that 60 percent of consumers now order delivery or pickup at least once a week, with takeout predicted to rise to 21 percent of restaurant industry sales by 2025. percent from 2018 to 2020. Additionally, it was shared that 73 percent of consumers recently bought groceries online.
Nearly two-thirds of businesses responding to the 2020 Gartner Sustainability Survey said they were pressured by customers to invest in sustainability initiatives while 48% said pressure was coming from investors and 48% cited regulators. ” READ THE FULL ARTICLE HERE. To read the entire blog visit BlueGrace Logistics.
For instance, a recent Forbes article shared that 60 percent of consumers now order delivery or pickup at least once a week, with takeout predicted to rise to 21 percent of restaurant industry sales by 2025. percent from 2018 to 2020. Many consumers prefer the option to receive food and beverage products at their door.
What’s covered in this article: The negative impacts of Covid-19 on the trucking industry. In 2020, 23% of all truckloads were spot shipments. A survey from the International Road-transport Union (IRU) revealed that women and youth have had their misgivings with joining this industry. Technological advances in trucking.
In this article we’ll explore the definition of social proof and its importance in influencing shopping decisions. Sixty-three percent of respondents to a recent survey said they noticed an increase in sponsored content from influencers on social media in the past year, up from 53% in 2020.
Through this article, you will come to know them. Globalization and offshoring In the next five years, 46% of supply chain leaders expect a fall in globalization, and 61% expect a decline in manufacturing outsourcing, according to the recent Gartner survey. Prepare yourself to enter the supply chain of the future!
What’s covered in this article: Capacity and labor shortages. A recent survey by Bizrate Insights found that “60% of purchasers switched to online shopping rather than in-store during the pandemic” Further, “32% of them expect to continue to shop online, even after the pandemic”.
This article discusses how small businesses can protect themselves against fraudulent returns without pushing away honest customers. A survey by the National Retail Federation (NRF) found that about 16.6% In 2020, online businesses across the globe lost nearly $25.2 Returns are inevitable in e-commerce. billion to returns fraud.
in vehicle sales worldwide in 2020 due to Coronavirus. A February survey found that most electronics manufacturers were running short of product and were expecting delays of four to five weeks. Moody’s Investor Service forecasts a drop of 2.5% Pharmaceuticals.
The risk management process as well as code of conduct surveys can be automated, while a supply chain information management system will allow suppliers to be screened for risk. However, if your company has dozens, or even hundreds, of first-tier suppliers, collecting information can prove to be a gigantic undertaking.
In 2020, the WMS market was valued at €2.16B and is now expected to grow at a compound annual growth rate (CAGR) of 15.3% Along with these solutions comes a need for process and labour management, employee training, and a number of other factors that will be discussed in the rest of this article. from 2021 to 2028.
” Related Article: 40 Percent of Parcels Will Be Delivered Within 2 Hours By 2028. . “Let’s build a couple distribution centers, stack ‘em on top of one another, and then we’ll figure out how to make buildings with a smaller footprint work.” Related Resources. Download Now! More Resources from Zebra Technologies.
Don't have time to read the whole article? Here's a quick summary of the main points: ANSI changed the rules on aerial lifts in 2020. Now, the purpose of this article is to make you familiar with the new ANSI standards for aerial lifts. And they became effective in 2020. Examples of MEWPs. Quick Summary.
Related Article: Fulfillment Centers Demand for Vertical Warehousing Grows. Ware2Go was launched in July after an incubation process with BCG Digital Ventures, a corporate investment and incubation firm that owns a minority financial stake. The company is headquartered in Atlanta. Related Resources. Download Now!
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