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Top Trends in Supply Chain Tech with Charley Dehoney. Charley Dehoney and Joe Lynch discuss the top trends in supply chain tech. Recently, Dehoney served as CEO of Manning’s Truck Brokerage, a 50-year-old, logistics company acquired in 2020 by Fitzmark, Inc. Key Takeaways: Top Trends in Supply Chain Tech .
Supply chains are largely defined by the technology that facilitate them, as such it’s crucial to know the technology trends that are shaping the year. However, there are a number of technology trends worth keeping track of. However, it’s in 2020 where it’s set to finally start seeing wider adoption.
His commitment to “doing business the right way” led him to launch Linkage Logistics in March of 2020. Linkage was founded in March 2020, and has grown by leaps and bounds and was recognized as the fastest-growing private company in central Indiana. The Broker-Carrier Summit is a valuable event for both brokers and carriers.
He joined Reliance Partners in 2021 and has been leading efforts to drive big data and Insurtech initiatives across the enterprise to deliver a smarter insurance experience. Reliance Partners has been featured in Inc.com each year from 2016-2020 as one of the fastest growing privately-held companies in the US. About Reliance Partners.
Speaker: Stacey Harris, Chief Research Officer & Managing Partner at Sapient Insights Group
In this webinar, Stacey Harris, Chief Research Officer for Sapient Insights Group, will share insights, data, and tools that are helping organizations adapt and even thrive in this difficult environment.
Bobby Holland, vice president and director of freight data solutions with U.S. Bank, reports improved results for the number of freight shipments and amount spent by shippers in the fourth quarter of 2020.
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. TIA 2023 Technovations Conference , October 18-20, San Diego, CA Focuses on technology innovation, trends, and new product offerings for the 3PL community.
Global Trade Compliance Is Not Showing Signs of Slowing Down Any Time Soon The Global Trade Compliance market is experiencing steady growth and is expected to continue this trend over the next five years. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions.
Supply chain technology is in a state of constant advancement, especially this year, given the circumstances—here are four of the biggest tech trends in 2020. Gartner recently identified 8 technology trends for supply chains in 2020. That way, it can be followed in real-time and a have a trail of data running through it.
87% of shippers reported maintaining or growing their technology investments since 2020. In transportation, digital freight procurement and asset tracking & data mining are in broad use. The post Top Transportation Technology Trends appeared first on Logistics Viewpoints.
2020 seemed a world away just a few years ago and yet, here we are. Here are three trends to consider. . Dubbed YAFO, the modeling tool also helps users understand how forests will adapt to a changing climate, drawing on data from multiple European countries. . This promises to be a very eventful year.
Short-haul volume growth shines a light on current trucking trends. Understanding freight trends from the beginning of the supply chain all the way through to delivery is important for all parties involved. The current trends in maritime shipping data suggest increased shipment delays and further inflationary pressures on rates.
The tech innovations you can expect in 2022 will be a natural progression of digital transformation – the very processes that gained momentum at the start of the pandemic in early 2020. So, what are the major ERP software trends and how will they unfold in the coming year?
2021 Supply Chain and Inventory Management Trends for the US. Then 2020 was thrown into chaos by the global COVID-19 pandemic. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. Even now, the global GDP for 2020 contracted by an estimated 4.3% Automation.
I’ve been an industry analyst for more than 20 years and I’ve seen a lot of changes (just to name a few): The evolution from desktop, client-server applications to software-as-a-service, cloud, Read more The More Things Change: 7 Totally Predictable Supply Chain Predictions for 2020.
That thesis was firmly supported in data issued this week by the American Trucking Associations (ATA) in its “ATA American Trucking Trends2020.” While 2019 was not the watershed year for trucking that 2018 was, it does not mean that 2019 was not a strong year for the sector.
The common themes around manufacturing trends point to these changes. Manufacturers thriving on data. The online technology we have all seen explode since 2020 can be applied to manufacturing ecosystems. In a digital factory, artificial intelligence (AI), business process management and analyzing data are integrated.
US-Mexico Trade Trends Indicate Nearshoring Has Momentum Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - December 7, 2023 ‘While Mexico Has Surpassed China as the United States’ No. While Mexico has surpassed China as the United States’ No.
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.
Successful supply chain management depends on the ability to collect data and apply it accordingly. As explained by Grainger , “In today’s global economy, technology trends like the Internet of Things (IoT) and Big Data have become an indispensable part of everyday business. And major companies have taken notice.
Effective freight management 2020 initiatives will help supply chains stay relevant and competitive with Amazon and the big box retailers. As the world watches the coronavirus’ epidemic spread, the time for rethinking existing freight management 2020 strategies has arrived.
Many of the trends and changes we expect to see in 2021 are largely driven by the supply chain weaknesses and gaps identified in 2020. After talking with our customers and surveying other supply chain executives, these are the five supply chain trends that companies will be turning their attention to in 2021: 1.
Real-time data is critical to the supply chain’s smooth operations day in and day out. Supplier diversity took on an entirely new meaning in 2020. Faster communication with automated messaging and data sharing. Data collection and analysis can be accurately applied to the network. Think about it.
Making the most out of today’s challenging supply chain trends requires a deep understanding of the market and timely information that helps you achieve a competitive advantage. Q1 2022 Supply Chain Trends and Hot Topics. Watch the video for a deeper look at the challenges and impact of Clearinghouse data: 8.
But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Here are a few things managers need to keep in mind when working with real-time freight data for pricing purposes. . Shippers may not track this data independently.
And the overall industry trucking trends imply an absolute need to grow more strategically. It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. Why outdated data hurts carriers in the short- and long-term. Download the White Paper.
So, going into 2025, I would like to focus on current congestion data, global trends and what U.S. exporters can expect in the new year in regard to cargo fluidity.
26 algorithms are examining the video data in real-time. In September 2020, the company announced what they claim is the world’s first autonomous truck purchase order from Wilson Logistics. The post Autonomous Truck Trends for 2022 and Beyond: Can Autonomy Safely Address the Driver Shortage? Convoy Technology.
To examine supply chain management priorities, performance, and anticipated trends, APQC conducted its 10 th annual Supply Chain Management Priorities and Challenges research, including a survey of more than 350 supply chain professionals from around the world and across multiple industries.
Although the Chinese economy contracted in the first quarter of 2020 due to the coronavirus outbreak, it later recovered. Among the world’s largest economies, only China grew in 2020. In 2020, China surpassed the U.S. according to data from Eurostat. This was due to the increase in demand from the European Union (EU).
This struggle can finally come to an end through the use of modern analytics and data management. Using analytics and data-driven tools , carriers can find more loads and avoid consequential expenditures, such as empty miles. . Part of this requires an understanding of which shipping trends are being utilized by other carriers.
I just completed the data gathering process for ARC’s global Warehouse Management Systems (WMS) market research study. This above-trend growth is primarily a result of the longer-term factors influencing the markets’ growth, supplemented by a surge in pent-up demand from COVID-19 related hesitancy in 2020.
But all bets were off in 2020 as variability went off the charts. Questions are structured to assess baseline (2019, pre-Covid), 2020 (Covid), and 2021 (progression to new normal). Respondent privacy is assured, and only aggregated data will be published. Note: Image chart data from St. Louis Fed and US Census Bureau.
New technology trends for small businesses emerge each passing year. Shipping businesses gather a great deal of data each time they deal with a supplier or customer. Often, the data collected merely sits unused. Analytics tools, however, can help businesses analyze the data that they have for actionable insights.
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%
Nationally, hours of service violations were issued in smaller numbers in 2020, continuing a long-term trend. Yet looked at another way, the intensity of focus on hours in inspections has increased, particularly so in these contiguous states.
The World Trade Organization publishes lots of insightful data on global trade – including trade indexes. The first pattern I noticed was an extreme decrease followed by an extreme increase in 2020. The third trend is that global trade growth appears to be gradually slowing. I see that as a positive.
Compared to September 2020, 6.3% The rising price trend that started in June and July with a short interruption in August, continued in October. Compared to September 2020, prices rose by 3.6%. compared to September 2020). . • compared to September 2020). Year on year, prices have also risen by 1.2%
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Truckload demand has stabilized at a high level after declining seasonally to start the fourth quarter. highlight a still-tight capacity environment for shippers.
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. Instead, they could largely rely on historical trends to shape the management of their inventory. Utilizing New Data is Key.
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. We are currently compiling and analyzing the response data.
Increased wages and benefits haven’t been enough to reverse the trend. As a result, we’re seeing some developing trends heading into the second half of the year.”. Specifically, Honeywell sees six trends emerging in the warehouse and DC industries. Increasingly aggressive adoption of proven automation technologies.
Certainly, supply chain constraints are a partial cause of the current above trend inflation. Data as recent as the end of June 2021 show that inventories remain below 1.3 With that said, let’s take a look at some recent and more granular data on sales, prices, and supply chain performance. percent increase from July of 2020.
Bouncing back more quickly, said experts, will require supply chain managers to turn to new ways of managing the supply chain, including using Internet of Things (IoT) data, analytics and machine learning (ML). An AI system needs to be fed data sets to learn how to behave and react. And again, data quality is a huge concern. “The
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