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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. Of course, expectations are uncertain.
The Department of Commerce lists warehousing companies, but of course, most warehouses are not owned by third party logistics or public warehousing companies. The US Energy Information Administration, within the DOE, does periodic surveys to understand the total energy consumption and consumption across different types of buildings.
Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Our recent survey showed that only 17% of organizations make it a priority to invest in innovation. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. AIMMS in Gartner’s Hype Cycle for Supply Chain Strategy, 2020.
2020 seemed a world away just a few years ago and yet, here we are. Our recent Demand Forecasting survey shows that teams anticipate more complexity in the supply chain. The post 3 Supply Chain Trends to Keep an Eye on in 2020 appeared first on AIMMS SC Blog. This promises to be a very eventful year.
However, GEP And S&P Global publish the GEP Global Supply Chain Volatility Index based on data derived from S&P Global’s PMI surveys. The chart below shows that the index decreased to a value below zero earlier this year, for the first time since 2020. Of course, prices tend to jump from supply and demand pressures.
As organizations continue to adapt to the roller-coaster ride of 2020, some leaders’ pre-pandemic IT strategies brought business resilience even as COVID-19 struck. Indeed, according to the 2020 IoT World Today IoT Adoption Survey, 51% of respondents said the virus spurred the need for new digital initiatives.
2020 seemed a world away just a few years ago and yet, here we are. Our recent Demand Forecasting survey shows that teams anticipate more complexity in the supply chain. The post 3 Supply Chain Trends to Keep an Eye on in 2020 appeared first on AIMMS. This promises to be a very eventful year. Sustainability on the agenda.
According to the National Retail Federation’s (NRF) annual back-to-school shopping survey, consumers plan to spend record amounts for both school and college supplies as families and students plan to return to in-person classrooms this fall. billion last year and an all-time high in the survey’s history. billion in 2020.
A Freightos survey of 300+ companies sheds light on how importers have been navigating supply chain disruptions. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. What’s changed in a year? When ocean container rates spike, so do the prices we pay.
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. We hope you do!
There are, of course, some other important differences between the two types of providers: 4PL is, in general, better suited for medium-to-large businesses , while 3PL is more suited to small-to-medium businesses. percent between 2020 and 2027. Unlike a 4PL, however, it won’t manage the paint maker’s entire supply chain.
For instance, a 2012 survey revealed that only 40% of supply chain professionals believed their educational background prepared them adequately for their roles, pointing to the need for curriculum reform (CSCMP, 2012). Future of supply chain survey. building a winning team). Journal of Business Logistics, 35(3), 157-164. Rodrigue, J.
Companies have to pursue profits of course, (how else will they stay in business?) 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% You get the idea.
If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. 2020 Was A Year Of Supply Chain Disruption. In 2020 companies across virtually every industry faced supply chain disruption due to COVID-19. What do we mean by that? Overall, U.S.
He predicts that this will rise to just over 50% by 2016 and to more than 80% by 2020. Supply Chain 2014 Infographic: The State of the Supply Chain: I recently came across an interesting infographic from SAPinsider and insiderPROFILES that showcased a survey around the State of Supply Chain 2014. Read the Full Blog Post.
Capacity can be easily ramped up or down due to product seasonality, holidays and of course global events such as the COVID-19 pandemic. In a McKinsey surveyed, 59% of participants stated that a lack of executive vision was a significant obstacle to the digital transformation of their organization. [2] The payoff is well worth it.
Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Our recent survey showed that only 17% of organizations make it a priority to invest in innovation. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. AIMMS in Gartner’s Hype Cycle for Supply Chain Strategy, 2020.
If 2020 and if 2021 proved anything, it’s that the omni-channel selling environment is here to stay. But, as we know, supply chain conditions were far from perfect in 2020 and 2021. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% While driving a projected $14.1
6 issued on 30 March 2020, the Organization has distributed a series of recommendations for governments and relevant national authorities, proposed by a broad cross-section of global industry associations representing the maritime transportation sector. . Let’s take a quick survey shall we.?? In a Circular Letter No.4204/Add.6
Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products. Initially, experts predicted investments into the IoT through 2020 might top $5.649 billion, but even the smaller side of the spectrum of actual investments today seem much higher.
Of course, none of this would be possible without improved self-service features, as explained by “The Impact of B2B E-Commerce on Manufacturers and Distributors,” and comprehensive, easy-to-integrate platforms. will climb to more than $1 billion by 2020, and globally, the value is expected to reach $3.1 Most jobs lost in the U.S.
Asking these what-if questions entails assessing the impact on multiple areas, such as packaging, production, inventory, distribution, and of course customers. It also fosters the creativity needed to quickly consider alternatives, like those the weight loss makers are employing. Has that changed?
at the start of Jan… But even with this welcome dip, rayios are still well above 2019 and 2020 values. This means increased freight volumes and of course, price. After a disruptive 2020, manufacturers are looking ahead to remain vigilant. New surveys show that 50% plan to identify backup suppliers to avoid disruption.
While it can pay to have a single strategic supplier for primary materials, it can also create a point of supply chain weakness, as happened when Covid-19 roiled supply chains in the first half of 2020. Of course, manual systems allow small business owners to manage inventory with limited investment in systems.
By 2020 there will be 50 billion networked devices. there will be nearly 26 billion devices on the Internet of Things by 2020. ABI Research estimates that more than 30 billion devices will be wirelessly connected to the Internet of Things by 2020. According to Gartner, Inc.,
The article presents findings from a survey conducted across over 200 global supply chain professionals to highlight how the pandemic has increased the need for freight market intelligence and how it continues to be relevant even as supply chain issues resolve. But even since July 2020, much has changed.
Hamburg-based startup driveMybox more than doubled its sales in 2021 compared to the previous year and is on a strong expansion course. ” The intuitive and user-friendly digital platform was launched in Germany in 2020.
The 24th Annual Third-Party Logistics Study for 2020 has been released and it shows a growing success between shippers and their 3PL partners. According to the 2020 study, here are some of the biggest challenges shippers and 3PLs are facing to date. The logistics and freight industry is in a state of flux currently.
Of course, keeping up with those order volumes on the manufacturing side isn’t easy. By early-2020, Schoenfeld expects the logistics provider to open another six or seven contract logistics facilities. As he surveys the contract logistics environment and looks ahead to the next 12 months, Schoenfeld sees a growing number of U.S.
Of course, sometimes following the herd can lead us astray. 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. The proof is in what our clients say about us. Low-cut jeans come to mind.)
While it can pay to have a single strategic supplier for primary materials, it can also create a point of supply chain weakness, as happened when Covid-19 roiled supply chains in the first half of 2020. Of course, manual systems allow small business owners to manage inventory with limited investment in systems.
Indeed, a recent survey found that nearly half of beverage distributors consider the shrinking labour pool to be the biggest threat to the smooth running of their supply chains. Of course, like other sectors, the beverage industry is also dealing with the fall-out from the pandemic and the surge in e-commerce sales.
And in the UK 13% of respondents to a recent survey undertaken by the leading trade association, Logistics UK, reported severe warehouse staff shortages, with a substantial decline in the availability of forklift drivers cited as a major problem.
In 2020, gender diversity is more than just a buzzword. As this stands almost half of those surveyed would not have a programme in operation by 2022 of which some may take many years to start having a tangible impact. Progress, yes, but not nearly enough.
In 2020, gender diversity is more than just a buzzword. As this stands almost half of those surveyed would not have a programme in operation by 2022 of which some may take many years to start having a tangible impact. Progress, yes, but not nearly enough.
Most of the new orders are for delivery in 2020, when BIMCO expects more than one million TEU of new capacity to be delivered. and Sparx Logistic to chart its own blockchain course by introducing paperless documentation. So-called “mega-vessels” comprise 82% of those on order with a capacity of 11,000 TEU or more.
billion in operating cashflow by 2020, compared with the $700m forecast for Delphi Technologies over the same period. While Richards is cautious about putting a timescale on the adoption of automated truck platoons, trials are already underway in a number of locations and industry estimates are suggesting 2020 for active deployment.
Here's a quick summary of the main points: ANSI changed the rules on aerial lifts in 2020. And they became effective in 2020. Surveying the area where a MEWP is to operate has always been part of the procedure for operating these types of equipment. Check out Conger's OSHA-compliant MEWP operator safety training course.
vehicles last year, an increase of almost 9% compared to 2016, and the forecast for 2020 is for 5m units. Citing the MHI Annual Industry Report 2017, Alvarez pointed out that 92% of the 1,100 professionals that responded to the survey behind the report said technology was going to make the difference in the transformation of the warehouse.
China, of course, is likely to react to these measures in ways that may be hard to predict. McKinsey did a survey in which just under half of the companies in their survey said they understood the location of their tier-one suppliers and the key risks those suppliers face. However, trade barriers are apt to increase.
The company launched its own online pharmacy in 2020, a service that was born out of its acquisition of PillPack in 2018. The company announced that it is expanding its associate-to-driver program so that any Walmart worker at 439 store locations nationwide can become a truck driver after completing a 12-week course.
2020 has been different from the norm in just about every single way imaginable, so it should come as no surprise that freight is going off the rails. Amazon, of course, has been leading the way in e-commerce sales for the better part of the year as quarantine and lock down restrictions forced many shoppers to go online, rather than in-store.
In the last quarter of 2020, it became clear cargo rates weren’t coming down anytime soon. And, of course, when anyone buys goods in a store, part of that cost is freight. Enter, a global container shortage. Then add some serious problems to the mix. . The e-commerce impact (no free shipping for global freight).
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