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COVID-19 caused a global upheaval in order fulfillment processes throughout 2020. For example, the Delta variant of COVID-19 may cause an increase in infection and disruptions to business in the fall. We obtained insights into experiences from the prior year (2020) and expectations for 2021 and beyond.
An understanding of these dynamics was the goal of ARC’s survey-based research conducted with DC Velocity earlier this year (see DC Velocity Infographic in June 2021 issue). Our survey was conducted with respondents across manufacturing, wholesale, retail, and logistics service provider (3PL) sectors.
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. If you’re looking for a copilot to accelerate your supply chain planning capabilities, we would be happy to share some best practices and examples.
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.
This seems like the basis of 2020 and the start of 2021. We were able to use the survey of 1000 US enterprise retailers and our own customers to evaluate top pains across enterprise retail as well as delivery and fulfillment strengths and priorities as eCommerce demand continues to grow.
The US Energy Information Administration, within the DOE, does periodic surveys to understand the total energy consumption and consumption across different types of buildings. Their last survey was in 2018. The previous survey had been in 2012, and the compound annual growth rate in the number of warehouses over that time was 4.0%.
Today I am excited to announce the release of our 2020 Sustainability Report , which highlights the work we are doing on the environmental, social, and governance (ESG) topics that are most critical to our business and to our stakeholders. Robinson, we are proud of everything we accomplished for sustainability in 2020.
According to a 2020survey by ATRI , 20.6% In a 2019 survey by WEX Inc, 23% of fleets reported that fuel costs were their top operational challenge. For example, C.H. While oil prices are particularly difficult to predict, there are ways to mitigate the impact of these rising fuel charges. Maximize savings at the pump.
In my latest omni-channel fulfillment survey, respondents were asked about how they handle returns, from a process standpoint as well as from a cost recovery standpoint. For items that are bought in-store, survey respondents are beginning to look at alternatives for returns other than bringing the item back.
Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage. According to a report , between 2020 and 2021 there was a dramatic growth in companies focusing on making their supply chains more resilient.
A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic. Here are examples of the tangible return-on-investment (ROI) ERP can bring to your business: Maintain competitive advantage with ERP. ERP reduces operational and administrative costs.
About 11% of carriers have vehicles that use a fuel other than diesel or biodiesel blends, according to a 2016 survey by ATRI. Lately they have upped their game and many have in place ambitious goals for 2020. By 2020 it wants to obtain 30% of its jet fuel to use alternative fuels. FedEx also has ambitious goals. In the U.S.,
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.
According to a 2020 analysis by the Insurance Information Institute, these disruptions cost firms an average of $1.45 According to a survey by the Global Supply Chain Institute, 59% of companies reported that supply chain disruptions resulted in increased administrative work. Statistics and Examples 1. million per event.
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. If you’re looking for a copilot to accelerate your supply chain planning capabilities, we would be happy to share some best practices and examples.
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% Examples of CSR Programmes. It is always helpful to look at some concrete examples when exploring complex topics.
The coronavirus pandemic that has engulfed 2020 has certainly changed Thanksgiving planning this year, but the reality remains the same: Thanksgiving logistics are still a headache. According to a survey by NCSolutions (NCS), 80 percent of Americans still plan on celebrating Thanksgiving this year. Thanksgiving Logistics: The Feast.
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. Tire companies, for example, now use sensor data to monitor tire pressure and proactively alert customers about maintenance.
Toyota Industries Corporation (TICO) has been selected for the A-list, the maximum score, in surveys conducted by CDP on climate change for the second year in a row now. One example being the use of carbon-neutral biogas at Toyota Material Handling Manufacturing Sweden in Mjölby, who achieved zero carbon emissions in 2019.
Companies knew this, which is why 93% of senior supply chain leaders surveyed in May 2020 by consulting firm McKinsey planned to increase inventories of key products and materials while also diversifying their supply base and localizing or regionalizing both supply and production.
For example, reports and analytics in your ERP system can help you identify areas where improvements can be made. In a 2020 SYSPRO survey it showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic. For example, evaluate if you are a digital explorer?
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. But that doesn’t mean we shouldn’t take measures to reduce our dependency on, say, one country, for example.
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.
million shoppers hit the stores and the internet to capitalize on Black Friday and Cyber Monday deals, according to a survey by the National Retail Federation. The top gifts were clothes and accessories, which about half of those surveyed purchased, and toys, which nearly a third of people surveyed bought.
After putting businesses through a battery of strategic-resilience tests in 2020, the pandemic continues to place new pressures on many organizations in 2021. Defined as the capacity to recover quickly from difficulties, resilience has become a core mission for companies across most industries right now.
The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. percent between 2020 and 2027. The best example of a 4PL model is Amazon.com. Why 4PL is on the Rise.
And when we feel uncertain, humans tend to look for examples of what others in our situation have done. We’ll give you some examples of social proof, and we’ll even rank them in terms of trustworthiness. Social Proof Examples, Ranked Social proof can take many forms, and they’re not all equal. What is Social Proof? Some of it?
According to a survey by market research firm IDC, “Around 50 per cent of supply chain logistics companies will use AI and Power BI for advanced analytics for planning by 2020”. For example, in a warehouse, AI helps retailers to maintain an edge for supply chain operations and product delivery. What is Artificial Intelligence?
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.”. A Positive Example. Natural disasters.
My preferred measure of demand for truck transportation is an index I’ve developed with my colleague Yem Bolumole at the University of Tennessee that uses data from the Census Bureau’s and Bureau of Transportation Statistics’ Commodity Flow Survey to calculate implied demand for truck transportation.
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. Consider the clothing industry as an example.
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 a June survey of 84 National Association of Chemical Distributors, nearly 85 percent of distributors report at least one imported item as out-of-stock. One example is the shortage of citric acid, as it’s often used in vitamin or electrolyte drinks, even in soda. MATERIAL AND PRODUCT SHORTAGES. AND LOGISTICS DELAYS.
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. For example, many supply chain resiliency plans may have considered a health crisis in which organizations and key partners face lower-than-normal staffing levels. What do we mean by that?
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. A recent survey, conducted by Handshake , found more than 79 percent of companies providing B2B sales already have customers clamoring for online ordering.
For example, the analysis of procurement processes and expense trends might help companies select alternative or new suppliers, change the flow of supplies to optimize delivery time tables and enhance payment processes, such as double billing complaints. VR tends to replace the entire image. billion by 2021.
The latest information coming from freight forwarders and experts in logistics points towards the expectation that US imports will remain high throughout October 2020. For example, by the 28th of August 2020; the Asia-US West Coast rate was $3,639. A recent survey of factories in China seems to point towards this trend.
Web chat has an 83% customer satisfaction rating , according to Comm100’s Live Chat Benchmark Report for 2020, and 42% of customers say they prefer live chat to other forms of communication with a business. For example: CUSTOMER: What kind of pesticides do you guys use? Our standard termite removal service features….
For example, before the pandemic, companies could get by with analog machines, paper-based systems, and disconnected point solutions. My family owned a manufacturing operation, so I experienced firsthand the challenges that mid-market manufacturers face. The pandemic made that impossible.
Steve Banker of Forbes further explained how a survey of customers in mid-2020 found a continued expectation for same-day delivery (22%), with one-third of which expecting two-hour delivery, consumers’ expectation for one-day delivery (39%) and two-day delivery (29%).
If 2020 and if 2021 proved anything, it’s that the omni-channel selling environment is here to stay. For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. But, as we know, supply chain conditions were far from perfect in 2020 and 2021. While driving a projected $14.1
percent year-over-year (YOY) from June 2020 to June 2021. Census Bureau’s Small Business Pulse Survey , 59.7 The Associated General Contractors of America (AGC) released a survey recently showing 93 percent of more than 1,400 respondents reported higher costs for materials, parts, and supplies. percent YOY. percent YOY.
He predicts that this will rise to just over 50% by 2016 and to more than 80% by 2020. Just as in the following five examples that reveal interesting data, best practices, and tips related to the supply chain. Read the Full Blog Post. You can find the infographic at the bottom of this post.
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