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About Anne Reinke Anne Reinke was named President & CEO of the TIA in October 2020, coming from the USDOT where she served as the Deputy Assistant Secretary – Congressional Affairs. Features 21 showcase presentations with innovations that will advance the industry. The Greenscreens.ai
All around, 2020 lessons learned are fueling improvements in this new year. Fulfillment professionals also made great strides in 2020, driven by necessity, and many lessons can be applied in the year ahead to keep customers happy and operations on track. Others adjusted throughout the year to improve or struggled mightily to the end.
Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. However, the current progression of big data does give rise to some very tangible benefits to your company within the next five years. 6 Benefits to Using Big Data Applications.
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. Edge computing is a form of computing where the data that is processed is close to where the data comes from. Supply chain technology comes in many forms. 5G Networks.
The December SCI, which is the most recent month for which data is available, came in a -10.9, with the firm observing that the fourth quarter of 2020presented the most difficult market conditions for shippers going back to early 2018.
It’s human nature to want to start a new year with new goals—the ever-present new year’s resolutions. Fewer organizations achieved their business goals in 2023 than in any recent year, aside from 2020. Data management —This trend was added this year, and it jumped into the third spot.
For example, in the future, staff scheduling need not be handled by employees, but rather can be carried out by intelligent software tools via data processing. Keywords like full data transparency, self-learning and self-recovery are hallmarks of TGW’s Future Fulfillment Center.
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.
Whether using technology to interact with your prospects and customers is a new approach you took on during COVID-19, or you’ve been making an effort to stay on top of new technology for years, it doesn’t change the reality of your business’s present: your success in the second half of 2020 and beyond will rely on your use of new technology.
I found the presentation by UScellular especially interesting. In 2020, UScellular took the major step of initiating the deployment of 5G technology across its network. They looked back at 2 years of data and determined that one out of every seven sites built was a unique configuration. Path Forward.
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.
The January SCI, which is the most recent month for which data is available, was -9.8, FTR said that the fourth quarter of 2020presented the most difficult market conditions for shippers going back to early 2018. which was an improvement over December’s -10.9.
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?
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.
The Baseline Protocol initiative was first announced on March 4, 2020, by fourteen founding organizations, including Kaiser Permanente, Ernst & Young, Microsoft, ConsenSys, BP, and others. As of May 8, 2020, ShipChain is officially a part of the project’s Specifications Steering Committee. . You can register for the event here ! .
But, as Abigail Myers-Antiaye – the principal product compliance manager at Coupa – pointed out in a presentation at Coupa Inspire at the beginning of the month, supply chain practitioners have never seen compliance legislation that was so broad and impactful. trillion in spend flows through the Coupa platform.
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.
This is a complete break from tradition — excluding the pandemic-fueled rise in 2020.” There are a handful of theories that seek to explain the unexpected change, but none of them can be hailed as the one true answer at present. Relying on legacy data sources and lagging indicators simply does not offer the same advantage.
The February SCI, which is the most recent month for which data is available, came in at -11.8, FTR said that the fourth quarter of 2020presented the most difficult market conditions for shippers going back to early 2018. below January’s -9.8. January’s reading marked an improvement over December’s -10.9.
Imagine moving cargo across continents as smoothly as computers process data. It is quite a nebulous and fluid area of research at present,” he says. “It ALICE , which is currently conducting research on the physical Internet, projects that 2020 will yield the “full alignment of economic, social, environmental and security goals.”
According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.
Neil Adcock, Managing Director at Bis Henderson Consulting , reveals how to unlock the value hidden in returns data. between 2020 and 2021. To determine the appropriate returns strategy retailers need to understand what is going on and tapping into returns data may unlock some important insights. Getting hold of the data.
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. When comparing year-over-year data, the July index fell 2.9%
If you thought it was difficult to find good drivers before the 2020 pandemic, try finding drivers of any caliber afterwards. In a word, it’s data. Good data will help you track valuable decision factors such as best per-mile rates, conditional charges, field charges and other variables to ensure your best bang for the buck.
To compensate the cancelled Hanover Fair, PSI will be presenting integrated software solutions for production and logistics at its own virtual trade fair. Interested parties for the April 20 to 24, 2020 event can get information online in various webcasts and individual consultations.
Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. As a researcher at Michigan State’s Broad College of Business, I will explain how I arrived at this figure, based on available data. Analysis of employment data.
Sonthalia presented an update to the report during the Council of Supply Chain Management Professionals' virtual conference this week. The report was introduced by CSCMP and presented by Penske Logistics on June 23. "It is going to be a hard road ahead and resilience will be tested over and over again.". Increased E-commerce Demand.
SYSPRO ’s 2020 survey, The Inflection Point for the Factory of the Future , showed that only about one-third (38%) of manufacturers’ business systems had enabled them to meet the challenges posed by the COVID-19 pandemic. Finance and production can’t be working off different data sets. The pandemic made that impossible.
Multiple streams of data from internal operations — like inventory, freight bills paid and service metrics from visibility providers — were aggregated in data lakes and presented in dashboards so that leaders could monitor a dynamic situation and make decisions accordingly. Still, blind spots popped up.
Nearing the end of 2020, Maersk has remained true to that goal. In the weeks following the Damco brand subsumption, DB Schenker released a press release that referenced the Damco changes: “The last thing shippers need at present is further uncertainty”. A Maersk ocean liner generates some 2 GB a of data per day.
2020 has been the year of video in sales. It is well worth the investment because there’s nothing worse than presenting to your customers with half your face hidden by a shadow. . If you do need to present a demo, PowerPoint, or other material on a call, then you will need to use your laptop.
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.
Despite all these issues, cargo handled has rose a whopping 22% in the period of December 2021/January 2022/February 2022 compared to the December 2020/January 2021/February 2021 period according to data from the Port of Houston.
For instance, both CVS and Academy both present their routing guides online for easy access. However, the routing guides can be much more clearly defined by thinking about how they apply to overall shipper stability and why consideration of market volatility data and analytics are critical to understanding service levels.
percent from 2010 to 2011, and predictions estimate that business-to-business (B2B) sales resulting from e-commerce will make up the majority of sales by 2020, reports Four51. E-Commerce Will Dominate B2B Sales by 2020. percent of all B2B sales by 2020, explains Ranga Bodla of Netsuite Blog. Big data is another issue entirely.
Q1 2023 Shipper Rate Report Q1 2023 Shipper Rate Report The Shipper Rate Report —presented in partnership with U.S. Bank and BlueGrace Logistics—is a quarterly publication using freight payment data from U.S. Bank in conjunction with FreightWaves SONAR data sets to create the most in-depth rate and demand outlook for shippers.
By 2020 there will be 50 billion networked devices. Chips attached to individual items will transmit data such as identification, location, temperature, pressure, and humidity. Hyperconnectivity is the increasing digital interconnection of people – and things – anytime and anywhere. The implication of this capability will be immense.
Last week, I gave the keynote presentation at the Dangerous Goods Symposium, sponsored by LabelMaster and the DG Exchange. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint. Supply chain disruptions have brought about an age of innovation.
Rugged specialist JLT Mobile Computers will be presenting a comprehensive portfolio of hardware, software, management and integration services for the supply chain, distribution and manufacturing industries at MODEX 2020, Booth 7185. Also shown will be the game-changing JLT6012 vehicle-mount logistics computer.
Similarly, a Honeywell investor presentation stated that its Intelligrated business grew by approximately 50 percent in 2021. Symbotic’s revenue grew from $92 million in the fiscal year ending in September 2020 to $252 million in the year ending September 2021. There are many other similar growth examples in warehouse automation.
2020 threw at us a potent concoction of virulent market conditions including a pandemic, skyrocketing freight rates, reduced availability of space and equipment on container ships, unprecedented demand and port congestions along with the usual documentation and visibility issues that we have been facing for years. Take the survey.
as: Connected, intelligent products that communicate with users, new digital business models that harness collected data to offer additional services and as-a-service products, products on the assembly line that tell shop floor machinery how they are to be processed. According to Accenture, they define Industry 4.0 Digital Industry 4.0
According to the company, for many customers, the speed of the implementation is now often limited by a customer’s ability to handle culture change rather than by integration, data cleansing, or configuration hurdles. In 2020, Infor SaaS customers had an attrition rate of 8.4%. Infor customers were present and spoke at this summit.
between now and 2020, totaling $843.4 billion by 2020 in the US. Holiday consumers have gotten their presents on average on time despite initial concerns. Most shipments delivered by UPS, FedEx, and the Postal Service during the holiday season are presents headed for home addresses. billion to $859 billion. 12 and Dec.
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