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Elisabeth is the Founder of EAB Strategies, a company that provides communications and marketing expertise to transportation and logistics companies, as well as program development for companies seeking to grow their brand and image. Elisabeth Barna and Joe Lynch discuss making drivers happy. Elisabeth received the “J.R.
Paluzzi spent 10 years at Coyote Logistics overseeing technology product strategy and delivery before joining Logistics Dynamics as Chief Information Officer. 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.
On the heels of last year’s boom in online shopping, this latest survey reveals that companies have confidence in their e-commerce strategies ahead of the official 2021 peak shipping season that traditionally runs from September through December.
2021 has been a year of transition. The past year has shown us that if organizations and industries are to keep up with the fast-paced change and uncertainty of the current market, they need to accelerate their digital transformation strategy. Survey2021 expressing a healthy return to pre-pandemic trading conditions.
Manufacturing leaders who built resilient supply chains were successful in 2021, despite the many supply and demand fluctuations. A survey of 200 supply chain leaders found that most would shift supply chain strategies from linear to more integrated supply chain networks to detect and minimize risk.
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.
2021 will be remembered as an unprecedented year of supply chain disruption and market volatility creating a host of challenges for shippers and carriers alike. Without further ado, here are GlobalTranz’s top posts of 2021: #1. New Survey Highlights Confidence in Supply Chain Operations Despite Challenges.
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. A key part of developing that strategy is looking at how supply chains can respond to new channels and demand, and planning for both the best and worst case scenarios.
SYSPRO surveyed CFOs and finance leaders in a variety of industries and learned that they’ve had to undertake a more flexible role than in previous years. The tumultuous trading climates of 2020 and 2021 have necessitated agility, and a need to spearhead strategic, innovative, and risk-based financial focus. SMART technologies.
Manufacturing leaders who built resilient supply chains were successful in 2021, despite the many supply and demand fluctuations. A survey of 200 supply chain leaders found that most would shift supply chain strategies from linear to more integrated supply chain networks to detect and minimize risk.
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.
This is a significant shift from late 2021, when 93% faced serious disruptions. This ensured that today’s partial blockage of the Suez Canal, while disruptive, is still far less impactful than its far more meme-worthy 2021 relative in which the Evergiven blocked the canal.
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.
Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains. The 2021 SYSPRO CFO 4.0 While the pandemic was undoubtedly the catalyst for recent supply chain disruptions it’s not the only cause.
We recently surveyed CFOs and finance executives in the manufacturing and distribution sectors to study how the pandemic has impacted their businesses. Managing cash flow and margins remains a key objective for US finance leaders, based on our survey in 2020, 2021 and now into 2022. 3. Improving visibility into performance.
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. Offering consultative guidance in supply chain strategy. .
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.
Of 1,200 industry professionals surveyed for the 2021 Agility Emerging Markets Logistics Index, 51.5% The survey is part of the 2021 Agility Emerging Markets Logistics Index, the company’s 12th annual snapshot of industry sentiment and ranking of the world’s 50 leading emerging markets. 2021 Index and Survey Highlights .
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.
A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Download the Report: 2021 Peak Shipping Season Survey. Download Report.
If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. January and February 2021 were characterized by repeated winter weather events nationwide. Your supply chain must be capable of adapting to all types of threats.
According to a recent survey fielded by Edelman Intelligence , 94% of supply chain leaders say partnerships with supply chain logistics companies are necessary to get through peak season successfully. Traditional Inventory Replenishment Strategies No Longer Work.
According to the 2020 Gartner Future of Supply Chain Survey of more than 1,300 supply chain professionals, “87% of respondents plan investments in supply chain resiliency within the next two years.”. Instead, they’ve become pillars of modern supply chain strategy. Build your business case for real-time visibility.
DIFFICULTY FINDING LABOR DIVERSIFYING WORKFORCE TECHNOLOGY IS TAKING OVER INCREASING CYBERSECURITY CARBON NEUTRALITY BUILDING RESILIENT SUPPLY CHAINS DIFFICULTY FINDING LABOR Manufacturers are still struggling to find labor, with a recent Deloitte survey estimating that the manufacturing sector will be short 2.1
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.
While supply chains have undergone a digital transformation, people are still and will always be an important part of your strategy. Review of Supply Chains Magnifies Massive Talent Shortage, Koray Kose, Dana Stiffler, John Johnson, Simon Jacobson, 18 May 2021. Gartner, 2019 Digital Talent Gap Survey.
Earlier in 2022, we conducted a survey of 8,000 consumers across North America and Europe to get a better sense of their ecommerce experience and how they were reacting to retailer performance. Over the 2021 holiday period, almost three-fourths (73%) of respondents had a home delivery issue (see Figure 2). Let me know.
Regarding the gap of drivers on long-haul lanes, what are the strategies that may be implemented to overcome this drastic labor shortage in freight transportation? . Some larger carriers are clearly interested in supporting the testing of autonomous trucks as part of their long-term business strategy. While some U.S.
It goes without saying, that in order for the skills deficit to be reduced significantly, skills development needs to be central to a business digital strategy. A 2021 study conducted by Deloitte and the Manufacturing Institute (MI) predicts that 2.1 Technological advances has often moved faster than digital capabilities.
In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. In fact, it may lead to increased variable costs. It should also be shared downstream.
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.
UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. Congress established the program in 2021 through the BIL and dedicated $5 billion to the program over a five-year period. billion worth, the survey found.
In 2021 we find governments and organizations now grappling with these predictions and how best to deal with the outcomes of these predictions. According to McKinsey , the value of goods traded globally has tripled to more than US$10 trillion since 2000, and because of recent events, they are having to re-evaluate supply chain strategies.
Let’s take a closer look at what your organization needs to know about last mile visibility to enable true supply chain resiliency and thrive through 2021 and beyond. Meanwhile, 70% of supply chain leaders noted in a recent survey that they had experienced difficulty in finding transportation service providers for final mile service.
In this article, we’ll explore each of these topics and deliver strategies employers can implement to build these learnings into actions to attract, retain and engage on-floor warehouse workers. Based on research from ARC Advisory Group, the mobile warehouse robotics market was estimated at $724 million in 2021 and is expected to grow to $2.7
This has included them diversifying their supplier base, taking on a “China plus one” strategy in order to no longer have dependence on China, as well as considering moving away from overly globalized supply chains and moving to regional ones. Thus companies have been combating this shortcoming. Innovation is Central.
percent year-over-year (YOY) from June 2020 to June 2021. In February and March 2021, Texas saw their lowest temperatures in years and were not prepared for the intense weather conditions that they experienced. Census Bureau’s Small Business Pulse Survey , 59.7 According to DAT , the flatbed load-to-truck ratio is up 169.3
As recently as 2021, survey data reveals that 98% of manufacturers have, are, or are planning to implement an eCommerce strategy. Over the past three to five years in particular, more manufacturers have identified or accelerated their eCommerce plans.
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.
If 2020 and if 2021 proved anything, it’s that the omni-channel selling environment is here to stay. of all e-commerce sales in the US during 2021. But, as we know, supply chain conditions were far from perfect in 2020 and 2021. Another powerful omni-channel market force continues to be the “Amazon effect.”
Normally, spot rates in this lane fall to their lowest points of the year in the winter months of January and February, but that has not been the case so far in 2021. . If more production were to move to Europe, as the survey suggests, Los Angeles could fade as a hub for freight activity as imports enter through the East Coast.
The Port of Felixstowe ( pictured ) is actually Britain’s largest and busiest, but it had the most cancellations of any European port in the last half of 2021, putting it in seventh place. One of the biggest challenges this year for more than half of those surveyed is finding slots on vessels. million tonnes.
Regardless of their size, companies are reassessing their global supply chain strategies. and European companies to reevaluate their supply chain strategies. A study by PwC found that 66% of surveyed executives anticipate higher supply chain costs as a result of diversifying away from China. M VIETNAM 1.86 M SOUTH KOREA 901.88
In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations. The payoff is well worth it.
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