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So, I want to take this opportunity to reflect on the top 15 most popular logistics stories from 2021 and see what our readers found to be the most interesting. year-on-year in 2020 with a 39% increase in Q1 2021. While we look ahead to the future, I think it is also important to look back on the year that was. Data from the U.S.
In 2021, we’re past the initial hype of the ‘new normal’. In many cases, the digitization and automation that will allow retailers to expand their delivery and fulfillment options in order to profitably meet the needs of the growing online market, while turning a profit. .
A meeting between two pioneers during a cocktail party in 1956 turned out to be a defining moment in the world of manufacturing. Technology meets human capability in the middle. A 2021 study conducted by Deloitte and the Manufacturing Institute (MI) predicts that 2.1 We’ve moved slowly in this area.”. The post Industry 4.0:
The International Chamber of Shipping has released the Shipping Industry Flag State Performance Table for 2020/2021. The IMO Code for Recognized Organizations (RO Code) requires flag States to establish controls over ROs conducting survey work on their behalf, and to determine if these bodies have adequate resources for the tasks assigned.
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.
The 2021 peak shipping season is on track to break records, and for months, industry experts, including Inbound Logistics, have discussed how the ongoing peak of e-commerce from 2020 will lead to added pressure for this holiday shopping season. Supply Chain Confidence Remains Strong Despite Slight Setbacks .
2021 is still carrying over problems from 2020. Jason’s Law Truck Parking Survey and Assessment was developed and implemented to identify driver safety problems and avoid further tragedy. The 2019 survey by Jason’s Law was considered more statistically valid by the measure of compliance. During this briefing, U.S.
Paving the way in innovative transportation and logistics solutions, Penske Logistics has been selected as a 2021 Top Trucker by Inbound Logistics. For continuously providing the kinds of trucking solutions that our readers need, Inbound Logistics is pleased to recognize Penske Logistics as a 2021 Top 100 Trucker.".
The annual report is based on ATRI's vigorous surveying system, a cumulation of responses from truck drivers, motor carriers and other industry stakeholders. ATRI recently released the 2021 edition of its annual report – based on over 2,500 total responses. Anyone surprised? It's been a hot topic since…forever.
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.
When sales forecasts are accurate, companies know they’ll have enough product supply to meet customer demand for those goods. were up 638% during the first half of 2021 and there’s no end in sight to the disruption yet. In surveying the global ocean market right now, Bennett says there’s not much additional tonnage available.
With the events of 2021, including the attack on the Colonial Pipeline earlier this year, the importance of supply chain cybersecurity is among the most in-demand factors driving adoption of third-party systems and resources in logistics. Technology tools that are easy to use were cited as critical features among 93% of survey respondents.
Nearly two-thirds of businesses responding to the 2020 Gartner Sustainability Survey said they were pressured by customers to invest in sustainability initiatives while 48% said pressure was coming from investors and 48% cited regulators. Here’s how many companies are turning to their supply chains to meet their ESG goals.
The National Private Truck Council 2021 Benchmarking Survey Report provides fleets with new industry standards to evaluate performance and identify opportunities for improvement. The 2021 NPTC Benchmarking Survey Report, which is sponsored by Penske, captures critical metrics from the 2020 calendar year, which was a time like no other.
Data as recent as the end of June 2021 show that inventories remain below 1.3 The July 2021 Manufacturing ISM Report On Business shows that economic activity in the manufacturing sector grew in July, with the overall economy notching a 14th consecutive month of growth. But the June price index reading since July 1979.
A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic. According to 2021 G2 ERP Statistics 95% of businesses achieve major improvements after using ERP through reducing process times, increasing collaboration, and centralizing enterprise data.
So to meet capacity, airlines started to convert passenger planes into cargo planes at scale. Freightos surveyed hundreds of importers who used Freightos.com ’s global freight booking platform in January 2021, and again in June 2021, to see how they’re navigating supply chain challenges. Credit: Lufthansa ). The answer?
Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. To combat the shortage, manufacturers are looking for ways to recruit and retain skilled talent, by raising wages and reskilling current talent to meet company needs.
Negotiating uncertainties is still the name of the game, and in a quest to meet the same-day delivery expectations of customers, retailers rolled out omnichannel capabilities in record time last year. share of chain retail sales by 2023, up from 30% in 2021. Forecasts by Ascential Retail Insight show that e-commerce will secure a 34.8%
To harness that power in 2021, there must be a well-planned strategy that balances brand building, relationships and engagement, and performance marketing. Moving through 2021, make sure you are thinking about the full funnel and not siloing organic social vs. paid social when creating your social strategy. Join The Conversation.
Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. 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.
2021 came with a new set of challenges as global and local supply chains were hit by raw materials shortages, accompanied by longer lead times and higher shipping costs, lack of labor, and the pent-up demand actualizing as record-breaking sales. Critical inventory disruptions/deficiency anywhere in the supply chain. Response to disruptions.
As an extension of Meili Robots ’ warehouse robots guide and warehouse automation guide , the company will now share nine tips that managers must keep in mind in order to run a successful warehouse in 2021. from 2021 to 2028. The post 9 tips for running a successful warehouse in 2021 appeared first on Logistics Business® Magazine.
It’s a strategic move you’ve likely pondered over countless meetings and budget reviews. As recently as 2021, survey data reveals that 98% of manufacturers have, are, or are planning to implement an eCommerce strategy. There’s also the lingering concern: “Are we just too late to the game?”
According to Gartner research, most chief supply chain officers (CSCOs) view access to top-tier talent as a bigger barrier to innovation than access to capital*, and only 27% of these leaders believe that they have the talent needed to meet current supply chain performance requirements**. Gartner, 2019 Digital Talent Gap Survey.
Stage 4: (2021-now): Warehouse management needs of the e-commerce industry are gradually decreasing. To meet their needs, most suppliers need to provide an integrated solution of “MES+WMS+AGV+Stereo-Warehouse” (depending on the customer’s requirements, MES may be replaced by other digital software).
In the contemporary competitive market, maintaining speedy and reliable delivery service has become essential to meet rising customer expectations. This technological push has also led to innovative delivery solutions like drone and autonomous vehicle deliveries, meeting evolving customer preferences.
Our survey found nearly 3 in 4 (74%) warehouse workers are at least somewhat likely to take a pay cut to work at another company with more technology tools to help them do their job, including more than half (52%), who are extremely or very likely. Increase ability to meet performance goals. Increase personal safety.
In a white paper on “ How reinventing the supply chain can transform the planner role ,” consulting firm EY cites their research that lack of the right supply chain talent is the second highest challenge to meeting supply chain goals. So as you prepare to onboard new supply chain talent, are you ready to answer the questions they will have?
2021 was the trough with in-person events severely limited. That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. in December 2021.
As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.” That’s especially true when considering the state of the economy and hopes for growth in 2021.
According to a survey of 250 global companies by the consulting firm McKinsey, 91% of shippers and 75% of logistics service providers have implemented a warehouse management system. At the end of 2021, Fleet Feet acquired JackRabbit a competitor with 55 brick-and-mortar stores across 15 states.
With peak shipping season approaching, companies continue to face supply chain risk as the pressure increases to meet customer and delivery expectations without adding cost. The survey also found that 9 in 10 supply chain leaders are seeking 3PLs with a consulting offering that provides guidance in setting up their company’s supply chain.
According to McKinsey’s latest consumer pulse survey, Spending in March 2020 was down by 18% as compared to two years later. rise in comparison to September 2021. The post Revenge Festivities: How To Power Up Your Retail Last-Mile Fulfillment To Meet Soaring Demand appeared first on Locus Blog. billion, which was an 8.2%
To provide a comprehensive overview, the author draws from various academic studies, reports, and surveys to shed light on the latest trends and best practices in supply chain management. A recent survey by Accenture (2021) revealed that 72% of SMEs and 78% of startups are actively investing in digital supply chain solutions.
In fact, a staggering 88% of consumers who participated in the 2018 Global Consumer Insights Survey , confirmed they would pay more for ‘same-day or faster delivery’. Trillion by 2021. As mentioned above, today, almost 90% of surveyed customers would opt to pay extra for same-day shipping. In 2016, McKinsey found that nearly.
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. In a survey commissioned by GlobalTranz, 59% of supply chain decision-makers reported being concerned about not having the proper workforce to meet customer demand.
With eCommerce order volumes and consumer demands high and continuing to rise, shippers have turned to LTL in lieu of truckload freight to meet these needs. So, to learn more about these challenges and how companies are addressing rate increases, capacity restraints, and other issues, we sponsored a survey. Here’s what we learned.
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. Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0
With the new Smart Pallet Mover (SPM), Interroll has launched a solution that can be adapted as a flexible and modular pallet management system to meet a wide range of application requirements in industrial manufacturing. Almost every tenth company (9%) had a degree of automation of less than 25%.
In 2020, sustainable funds, on average, outperformed both their traditional peers and indexes, according to Morningstar’s 2021 Sustainable Funds U.S. Carriers can not only achieve sustainability goals but also meet their OTIF targets. Landscape Report. Improved investor branding and increased returns? Sounds like a win-win.
In a recent NielsenIQ survey, 91 percent of consumers indicated they are planning on celebrating US Thanksgiving this year with a majority (83 percent) either staying at home (59 percent) or local (24 percent) (within 50 miles of their home). Walmart Canada piloted the solution in January 2021 and used supplier feedback to hone the system.
Manufacturing and reuse of wooden pallets increased significantly according to the most recent survey commissioned by the Timber Packaging & Pallet Confederation (TIMCON) and the research arm of the Forestry Commission, Forest Research. million in 2021, up 8.3 per cent from 44.9m the previous year. pallets, up from 15.6m
According to new research from Mercatus and conducted by Brick Meets Click, lower service fees is the top reason shoppers choose grocery pickup over delivery. According to the survey, half of grocery customers surveyed said they would choose next day delivery or longer if they could pay even lower pickup fees.
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