This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
2021 has been a year of transition. Digital transformation emerges as a key trend throughout 2021, with a large drive from across all industries towards the ERP and Cloud Computing spaces. Survey2021 expressing a healthy return to pre-pandemic trading conditions.
With supply chain shortages making the daily headlines this year, the need for good planning and forecasting has come to the forefront for most industries in 2021, a year when everything from steel to lumber to ketchup to bacon was in short supply at one time or another. In fact, disruptions due to supply shortages (e.g., Covering the Demand.
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.
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.
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 .
New SYSPRO research reveals 47% of survey respondents invested in sensors, IoT or IIoT to collect data and respond to supply chain disruption, however only 20% of businesses invested in data analytics tools to process and analyze the data and only 5% of businesses investigated AI and ML to draw any long-term benefit from the data collection.
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.
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
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. On-floor workers are willing to trade pay for better tech to do their jobs.
The ATA creates the tonnage index through a series of surveys of its members. The anonymity of the survey and companies participating prevents us from understanding the percentage of tonnage each company accounts for or the type of freight being shipped. The tonnage index for July 2021 was 109.8, What Do the Numbers Mean?
Real-time visibility tools are generally most effective for over-the-road shipments. At the end of 2021, I participated in a survey to examine the transportation visibility market. The survey looked at the importance of visibility, the challenges surrounding visibility, accuracy of ETAs, and deployment model, among others.
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.”. Real-time visibility tools also help you manage the exponential growth of data produced by supply chains and increased customer expectations.
When my fiance heard about the price, he advised that I find a local hairdresser and set up a frequent-shopper account with them for a few months until the tool is back in stock. When the pandemic started in 2020, no one could foresee the impacts of the global supply chain disturbances would last this long. Network bottleneck identification.
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. Make your employees aware of how to efficiently manage inventory, including scanning and labelling tools (e.g.
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.
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 the annual survey released by the National Retail Federation’s (NRF) and Prosper Insights & Analytics, consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 The survey indicates that 81 percent of Americans will celebrate the holiday and spend an average of $192.01, the highest figure on record.
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.
Twenty-seven percent of supply chain leaders have conducted a climate change risk assessment to identify their most critical supply chain risks, according to a survey by Gartner, Inc. According to the survey, 44% of respondents have a general sense of potential climate change risks based on previous events.
2021 was the trough with in-person events severely limited. in December 2021. This survey-based research gathers quantitative data as well as information on practices or performance drivers. Best Logistics and Supply Chain Conferences to Attend in 2023 ; Clint Reiser Welcome 2023!
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.
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
A user-friendly 3D online tool, the SPM Layout Configurator & Pallet Flow Simulator, makes it possible to configure a system quickly and easily as well as simulate planned operation on the computer,” explains Jens Strüwing, Executive Vice President Products & Technology at Interroll.
A good example is the rise of Low Code tools, which are now enabling the rise of the citizen developer due to their ability to plug into ERP systems as a single point of organizational data. A 2021 study conducted by Deloitte and the Manufacturing Institute (MI) predicts that 2.1 This challenge remains prominent today.
In a survey of 54 senior executives, only about one in four believed that the processes of their companies balanced cross-functional trade-offs effectively or facilitated decision making to help the P&L (profit and loss) of the full business.” The company ships directly to customers and also to distributors.
According to a NielsenIQ survey, 61% of consumers prefer fast deliveries, reflecting a trend towards higher expectations for speed. From 2019 to 2021, consumer patience for waiting more than two days for deliveries declined, illustrating a shift towards immediacy in service.
Now more than ever, companies are searching for tools that maximize both their stability and flexibility when facing the future. After two years of “unprecedented times,” companies prioritizing resiliency have seen incredible gains.
Automation, softwares for supply chain management, or tools for visibility and real-time tracking. In large part, they’re getting even more notice now because they can reveal risk. Or, adopting technologies that they were already planning to, just faster than before. In short, they’re acting quickly.
You must be prepared with the right tools and strategies. Salesforce reported that 23% of retailers’ overall holiday sales occurred in the last two weeks of the year, and online sales jumped 16% in the first week of November 2021. Technology also provides helpful tools. Establish you budget.
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.
A user-friendly 3D online tool, the SPM Layout Configurator & Pallet Flow Simulator, makes it possible to configure a system quickly and easily as well as simulate planned operation on the computer.”. Almost every tenth company (9%) had a degree of automation of less than 25%.
In 2021 we find governments and organizations now grappling with these predictions and how best to deal with the outcomes of these predictions. Suez Canal blockage 2021. For many years the ASCM SCOR model has been the standard tool to evaluate, monitor and improve an organization’s supply chain. US-China trade war 2018.
Recruitment and Retention Nearly three-quarters of employers said they were having trouble attracting new talent in a survey conducted in 2021 , and those numbers don’t seem to be improving.
For this, IBM and NRF surveyed 1,900 retail and consumer products company executives across 23 countries. The survey revealed that “intelligent automation capabilities help increase the annual revenue growth by up to 10 percent”. ” We at BlueGrace understand the importance of an intelligent tech-enabled ecosystem.
We designed Sales Center with a tool set that balances this need for growth and new sales, and a good experience, as it enables the capture of leads, managing those leads more effectively, and quickly turning them into customers.”. Holmdel, N.J.
As corporations become increasingly focused on ESG initiatives, their supply chain and logistics partners respond with tools and services designed to help them grow sustainability and other goals. Inbound Logistics. Sandra Beckwith. Jun 13, 2022. Leaf Logistics Inc.
The German marketing specialist for textiles and accessories of popular licensed brands signed a contract with Setlog at the end of 2021. We chose Setlog’s tool since it is the best solution in an international benchmark,” emphasises Holger Schmies, Managing Director and co-owner of the company. The regulations (e.g. Background.
The Covid-19 pandemic and the 2021 COP26 summit have sped up sustainability awareness around the world, increasing pressure on companies to make meaningful changes to operations, writes Christos Chamberlain, Flexport ’s UK General Manager. A report by Avery Dennison which surveyed more than 5,000 fashion buyers from across the U.S.,
No matter whether your business is brick-and-mortar or online, finding the right tools can take your business to the next level. Artificial intelligence is incorporated into all sorts of online tools, such as naturalForms. In 2021, the average number of cyberattacks and data breaches rose 15.1% Digital Marketing Tools.
.” On the education and thought leadership front, Solace revealed that it will sponsor a second instalment of the EDA Summit conference on 4th May, 2022, building off the success of the inaugural EDA Summit conference held in May 2021. Simplifying Access.
In fact, a recent survey conducted by Modern Shipper revealed that 37.8% In 2021, the American Trucking Associations (ATA) estimated a shortage of at least 80,000 drivers. One of the biggest consistent challenges in last-mile delivery, has been attracting and retaining truck drivers in the last mile.
seemingly ignored inventory data that the pandemic-driven buying spree that lasted from March 2020 until the end of 2021 was waning, leading to bloated inventories, according to an article written by FreightWaves’ Mark Solomon. The company’s survey of Fortune 100 companies showed that 77% have implemented hybrid work schedules.
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. Collected data can be viewed using built-in data analysis and display tools.
A survey by the National Retail Federation (NRF) found that about 16.6% of retail sales in the US were returned in 2021, and up to 10% of these returns were fraudulent. There are several AI fraud-protection software tools on the market that integrate seamlessly with e-commerce storefronts or order fulfillment systems.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content