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Last Mile Distribution News: January 22, 2020

Stord

Wednesday, January 22, 2020 AI Investment Reported to Reduce Supply Chain Costs A survey conducted by McKinsey and Company reported that 61% of survey respondents saw a reduction in supply chain planning costs as a result of using artificial intelligence. Public Warehousing Market Expected to Grow by $37.2B

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3 Supply Chain Trends to Keep an Eye on in 2020

AIMMS

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. Companies are already realizing that for S&OP meetings to be effective, they need to get to insights faster. This promises to be a very eventful year.

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Flag States and their performance – 2020/2021

Shipping and Freight Resource

The International Chamber of Shipping has released the Shipping Industry Flag State Performance Table for 2020/2021. As of 2020, Panama led the flags of registration by dead-weight tonnage with over 7,886 ships registered in Panama. Meeting of reporting requirements. Attendance at IMO meetings & Member State Audit.

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Invest in These Capabilities to Drive Supply Chain Excellence

AIMMS

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.

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Global Compliance and Regulatory Changes in International Shipping

TransAudit

A 2023 survey by the International Trade Centre found that 73% of small and medium-sized enterprises identified regulatory compliance as a major barrier to international trade. Rules of origin dictate whether a product qualifies for reduced tariffs, and failure to meet these requirements can lead to unexpected fees.

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Key Takeaways from Supply Chain Decision Makers on Peak Season Outlook

Logistics Viewpoints

A recent survey of 200 supply chain management professionals across companies with 500+ employees, conducted by Edelman Intelligence, has found market insights, confidence levels and trends for this peak season and beyond. Even with that in mind, 85% of those surveyed have a positive view of how their revenue will look in the next year.

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Top 5 manufacturing CFO priorities for 2022

SYSPRO Smarter ERP

We recently surveyed CFOs and finance executives in the manufacturing and distribution sectors to study how the pandemic has impacted their businesses. Among key insights , we learned that finance leaders are realigning their 2022 priorities to meet changing business needs. 3. Improving visibility into performance.