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A major theme of the 2021 25th Annual Third-Party Logistics Study, which was released today at the Council of Supply Chain Management Professionals (CSCMP) EDGE virtual conference today, focused on how supply chains have a clear focus on reinventing themselves, in light of the ongoing COVID-19 pandemic.
The survey is now live for the 2021 Third-Party Logistics Study: The State of Logistics Outsourcing, and we are seeking input from supply chain professionals. Please use this link to take the survey that closes on July 31. Previous studies can be viewed at www.3PLStudy.com. 3PLStudy.com. By "Move Ahead" Staff.
Port Everglades’ landside operations resumed Thursday morning and waterside operations are expected to resume Thursday, pending channel and berth damage surveys. According to Williford, the added capacity enables the system to better absorb these changes than if it had occurred during late 2021 during peak supply chain congestion.
As early as 2018, a Neilsen study found that fresh foods were “the primary driver of growth in retail stores, accounting for 49% of all dollar sales growth in the fast-moving consumer goods industry. The State of Fresh Grocery & Supermarket Supply Chai n. Two-thirds reported increases of up to 15%, and 18% said sales had risen 10-12%.
Dive Brief: Supply chain professionals are divided on lean supply chains, according to the 2021 Third-Party Logistics Study published Wednesday by the Council of Supply Chain Management… The post Were supply chains too lean during the pandemic? A survey shows an industry divided.
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.
Just last month I noted that warehouse labor productivity was hindered extensively by COVID-19 and that 80 percent of ARC’s warehouse survey respondents anticipate an increase of order throughput volumes in 2021. The June 2021 Index for wages and salaries shows a wage increase of 3.2 Logistics Real Estate Growth.
The survey, conducted in April 2021, was completed by an impressive number of respondents – 720 logistics experts across 43 countries and territories. ARC studies the software and automation used in warehouses. The JLL study did not say. GreyOrange Goods-to-Man Robots. Locus Collaborative Robots.
government even opted to allocate roughly one half of the 2021-2025 National Highway Freight Program projects budget to roadway and bridge preservation. In 2017, a study assessed extreme climate impacts on infrastructure in Europe. In the future, DOT may require additional route surveys and bridge studies for weight distribution.
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.
As a pioneer in warehouse technology and the development of solutions that empower warehouse workers, Lucas Systems recently commissioned a research study and developed the first Voice of the Warehouse Worker Insights. On-floor workers are willing to trade pay for better tech to do their jobs. Reduce mental stress. Jeopardizes safety.
76% of the 121 surveyed specialists and executives find in-plant transport jobs relevant or very relevant to the overall success of the company,” says Torsten Inkmann, Director of Industrial Logistics at INFORM. of the surveyed companies. Nevertheless, the study shows that many digitisation projects are still in their infancy.
Since 2011, the World Shipping Council (WSC) has undertaken a survey of its members to accurately estimate the number of containers that are lost at sea each year. In 2021, the international liner shipping industry transported approximately 241 million containers, with cargo transported valued at more than $7 trillion.
According to the 2021 SYSPRO CFO 4.0 survey , 57% of manufacturing CFOs agree that proficiency and knowledge to create an effective plan to operationalize and transition the business into a digitalized and automated manufacturer is the most critical factor globally. The modern CFO. Diversification of business operations.
Penske Logistics is seeking input from supply chain professionals to participate in the 2022 Third-Party Logistics Study: The State of Logistics Outsourcing. The survey is now live and will close on July 2. The study is a collaboration between Penske Logistics , NTT Data Services and Penn State University. 3PLStudy.com.
I am continuing to work on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2026, and the leading suppliers across a number of categories including industry, region, customer size, and mode. Real-Time Visibility Data.
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.
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
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).
Dive Brief: Shippers reported greater impacts from the coronavirus pandemic compared to 3PLs in key logistics functions, according to the 2021 Third-Party Logistics Study published… The post Survey: Coronavirus hit shippers harder than 3PLs, despite better preparedness appeared first on 24/7 Customs Broker News.
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.
Research from DHL Express following a 2021study reveals mixed perspectives among small and medium sized British exporters for the remainder of the year, with one-third of those who export or plan to (33%) feeling the outlook for their business is more positive for 2022, with the remaining disagreeing (30%) or undecided (37%).
Stage 4: (2021-now): Warehouse management needs of the e-commerce industry are gradually decreasing. According to several surveys, less than 1/3 of the companies active in the WMS market focus on WMS as their main product. However, due to the technology gap, in this period overseas giants ruled the Chinese market.
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.”
Nearly all respondents (99%) taking part in the 2021 Council of Supply Chain Management Professionals Young Professionals Report, which was authored by Korn Ferry and presented by Penske Logistics , said the supply chain field is a good career choice. We are proud to support the next generation of logistics leaders.".
As the demand continued well into the 1 st and 2 nd quarters of 2021, shipping lines increased freight rates to astronomical levels to manage the space and equipment crunch with equipment and space going to the highest bidder with rates increasing by about 342% since Jan 2020.
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 2021study from McKinsey showed that just 19% of companies that had adopted Industry 4.0
The “Top Employer Medium-Sized Businesses 2022” study – published on 27th November 2021 by the business magazine Focus-Business – ranks PSI Logistics GmbH among the 4,000 best employers in Germany in the current industry ranking.
Case Study. So, to learn more about these challenges and how companies are addressing rate increases, capacity restraints, and other issues, we sponsored a survey. Although LTL rates have been rising over the last couple of years, 81% of surveyed companies saw their LTL contract rates increase between 2021 and 2022.
A 2021study conducted by Deloitte and the Manufacturing Institute (MI) predicts that 2.1 Technological advances has often moved faster than digital capabilities. In most cases, skills development has not been a top priority throughout these exciting transitions. This challenge remains prominent today.
According to a study conducted by IBM and National Retail Federation (NRF), the retail and consumer goods industry is designating intelligent automation, also known as artificial intelligence, as the future of supply chain. For this, IBM and NRF surveyed 1,900 retail and consumer products company executives across 23 countries.
Released today, the UPS E-commerce Report 2021, which has been developed in partnership with YouGov has revealed some interesting and insightful findings that give a glimpse into what consumers expect from delivery providers as we move to life beyond the pandemic.
A study by PwC found that 66% of surveyed executives anticipate higher supply chain costs as a result of diversifying away from China. Country of Origin 2020 2021 2022 2023 (first 9 months) CHINA 9.80 The underlying logistics regulations, political stability and compliance are biggest challenges. M VIETNAM 1.86 K INDIA 807.10
Proctor & Gamble In 2021, 73% of Proctor & Gamble ‘s consumer packaging was recyclable or reusable. net sales were represented by suppliers who reported to one or more sustainability surveys. This Earth Week , we wanted to spotlight the companies who are leading the way in supply chain sustainability efforts.
In last year’s Mutli-enterprise Supply Chain Network study (this year’s study won’t be published until the end of September), the two main suppliers of this type of risk management solution were Resilinc and riskmethods. So, AI learns over time that the term “go belly up” can mean bankruptcy.
Some 81 percent of those surveyed in an IT study carried out in 2021 with 1,451 decision-makers reported that they were seeing more cyber threats during the pandemic. Hack attacks on the supply chain have increased since the pandemic began.
Research from ARC Advisory Group in 2021 on the Convergence of AI and IoT (AIoT) report and The State of AI Research by research specialist Vanson Bourne accurately describe the current state of AI in the process industries. The Current State of Industrial AI in the Process Industries.
Actionable advice from 2021 Top Companies for Women to Work For in Transportation. Oct 29, 2021. A recent study from Congress found that while 46% of the national workforce is made up of women, females hold only 24% of transportation and warehousing jobs. FreightWaves. Grace Sharkey, Reporter. Of that 24%, 12.5% BlueGrace’s No.
According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1 The study cautions that lockdowns and quarantines associated with the Coronavirus are expected to affect the revenues of the global 4PL market players in the short term. The 4PL Market is Growing Exponentially.
The study, conducted by Economist Impact, surveyed executive-level participants representing businesses in 26 major countries across the globe. of executives surveyed in South America and Africa respectively identified higher transport costs as the top limitation for increasing exports. For example, 42.5% This compared to 19.9%
The latest Trade in Transition study, commissioned by DP World and led by Economist Impact, captured the perspectives of company leaders as they navigate the latest disruptions to global trade – from the conflict in Ukraine to inflation and extended covid-lockdown policies in some markets. The change has been swift.
Delegates at the organisation’s GM, which was held in person in Manchester at the end of October 2021, heard how industry-specific and wider general influences were impacting heavily on the supply and demand of wood and products such as pallets and packaging. The latest study showed a 1.5%
The current study “Mobilising the Delivery Workforce: The State of Mobile Technologies in Transport and Logistics 2021” by Arlington Research shows that mobile-first technologies will play a key role in the delivery of goods in the final delivery area. 70% of those questioned are of this opinion.
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