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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.
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.
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.
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.
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.
With the havoc 2020 caused, can shipping trends get any worse? Preparation becomes the name of the game in shipping trends, and being ahead becomes the new normal. If a business wants to “thrive” in 2021 abnormalities, it’s essential to consider the top trends to expect through the year. The short answer?
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?
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Coming off the worst year for air cargo demand since the International Air Transport Association (IATA) began tracking such trends in 1990, the commercial air freight industry is slowing beginning to emerge from the debacle that was 2020 and find its way in the “new normal” operating environment. in 2020 compared to 2019.
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.
Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. While creating a demand-driven supply chain means ingesting and interpreting large volumes of data, advances in cloud computing and edge computing make data-based decision making easy and cost-effective.
In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. Top Five Transportation Trends ; Chris Cunnane. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint. Steve Banker and Chris Cunnane.
FedEx states in a separate press release that its Moderna vaccine shipments will be monitored by FedEx SenseAware ID, a Bluetooth low-energy sensing device that will provide critical temperature and location data. — Note: The US CDC provides detailed vaccine dose delivery data broken down by state.
FedEx states in a separate press release that its Moderna vaccine shipments will be monitored by FedEx SenseAware ID, a Bluetooth low-energy sensing device that will provide critical temperature and location data. — Note: The US CDC provides detailed vaccine dose delivery data broken down by state.
Here are some data that support my view. 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.
According to the characteristics of China’s WMS market, “Ecological”, “SaaS” and “Customization” are the three major trends in the future. Stage 3: (2011-2020): The rapid growth of e-commerce in China has created a high demand for warehouse management, pulling China’s local suppliers to grow rapidly.
These current factors, in addition to the atypical activity of the recent past (whipsaw demand pattern), render time-series trends less relevant than in more stable environments. So, what methods can we apply to better gauge future trends? Qualitative Review of Explanatory Variables. Review of Prior Impactful Events.
Data from the U.S. year-on-year in 2020 with a 39% increase in Q1 2021. Brick-and-mortar behemoth, Target, is calibrating its last-mile logistics to keep itself at pace with the shifting trends in consumer behavior. billion from January to September 2020 when compared to the same period in 2019. in July 2021.
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.
GlobalTranz, a logistics service provider, put out a press release on February 23rd where they mentioned that they had achieved 40% growth in revenue, fourth quarter of 2020 compared to the fourth quarter of 2019. On many lanes GlobalTranz will have detailed demand and supply data. Bob Farrell, Chairman and CEO of GlobalTranz.
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%
Based on data from the FBI and Google Trends, package theft is big business. Since 2020, online shopping has hit $1.7 The UPS tech uses historic data and machine learning algorithms to assign each location a “delivery confidence score,” which is rated on a one to 1,000 scale.
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