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Below are some of the insights that Mario shared: PwC’s recent report from titled “ Digital Trends in Supply Chain Survey2022 ” suggests that not every company is getting a good ROI on their technology investments. In the podcast interview, Mario provides the CTO’s perspective on the transportation and logistics space.
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. At 40%, managing working capital (vs.
A recent Statista survey found nearly 72% of businesses suffering detrimental effects related to the pandemic. These last two years have presented both logistics planners and provider with the most volatile supply chain environment in decades. Supply chains have been severely impacted by COVID-19.
Editor’s Note: The following is an excerpt of a research report published this week, “Transportation Pulse Report 2022 – Building a Better Tomorrow in Transportation: On Trust, Relationships, Networks, & Sustainability.” Read more The Past 20 Months in Supply Chain: What Have We Learned?
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. Based on extensive research, TadaNow offers eight trends we believe companies should plan for: 1. Multi-Tier Supply Chains. Rise of Cognitive Control Towers.
As Conor told us in a podcast episode from 2022: Pretty quickly we realized our costs were going to be about 30% higher than we thought. The following data is from a survey we conducted last month (May, 2023) across hundreds of small business importers who tap Freightos.com’s global freight marketplace. The key takeaway?
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. Resource Management Will Be Critical to Meet Demands Through 2022 . Multimodal shipping solutions.
According to a 2020 survey by ATRI , 20.6% Robinson offers drop trailer programs that over the past four months (January 2022-April 2022) has averaged over 40,000 available loads and in 2021, moved nearly 500,000 power only loads. Additional references: For information on oil price trends, visit the U.S.
Enterprises that did not adapt to new trends faced the brunt of COVID-19 pandemic. This was majorly due to their inability to understand and adapt to the changing logistics trends. Welcome to 2022: Top 10 Supply chain logistics trends to watch out for 2022. Rewind to 2021!
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. Based on extensive research, TadaNow offers eight trends we believe companies should plan for: 1. Multi-Tier Supply Chains. Rise of Cognitive Control Towers.
The evolving crisis and measures taken worldwide to contain the spread of the pandemic accelerated certain long-term and emerging trends. Digital transformation emerges as a key trend throughout 2021, with a large drive from across all industries towards the ERP and Cloud Computing spaces. 2021 has been a year of transition.
Logistics tech in 2022 has been unavoidably shaped by the two years that preceded it. This shaped the way BCOs approached 2022 and will likely continue to see supply chain; a new drive to ensure global freight shipping reliability at all costs. So without further ado, here’s your: Key Reads Logistics Tech Research and Updates for 2022.
However, GEP And S&P Global publish the GEP Global Supply Chain Volatility Index based on data derived from S&P Global’s PMI surveys. Furthermore, 2022 peaked out with values above 5, indicating extremely high levels of supply chain volatility. Today these factors appear insignificant.
Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. As we turn the page on 2022 , I’d like to make five supply chain predictions about what to expect for 2023.
Speaker: Rosemary Coates - Board Member & Founder at Reshoring Institute, Best-selling Author, Host of the Frictionless Supply Chain podcast
Nearly 75% of the 628 businesses surveyed in a recent study by the Institute for Supply Management reported that the COVID-19 outbreak caused disruptions to their supply chain. In the same survey, 57% of participants mentioned longer than usual wait times for orders with foreign suppliers. Supply chain trends to watch out for in 2023.
Here are six contract logistics trends that all shippers should be watching in the year ahead: More companies are realizing the value of contract logistics. Citing Ti’s Global Contract Logistics 2022 Report, AJOT says the global contract logistics market expanded by 8.7% The trend of nearshoring.
billion loss for 2022 and that industry-wide profitability will emerge at some point in 2023. “We Christoph Hemman, EVP Head of Airfreight Americas Region, DB Schenker said, “These trends directly impact the airfreight industry, which relies on both passenger and cargo planes to get goods from point A to point B. below 2019 levels.
New Survey Highlights Confidence in Supply Chain Operations Despite Challenges. Anticipating a rebound from COVID-19, this blog post highlighted insights into how supply chain leaders were thinking about their supply chain in the context of the pandemic, macro industry trends, and as they planned for the year ahead. #2.
Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! We’ve created this list of the top 3 logistics trends for 2023 to help you on your way to supply chain sustainability. According to a survey, 71 percent of those involved in the supply chain agree fully with this observation.
Experts are of the view that this trend of shortages is bound to continue. However, there are opportunities for businesses that prepare for the trends and take advantage of them. Key challenges that might mark 2022. Unfortunately, 2022 could be as challenging or even more challenging than its predecessor.
The same patterns were reported regardless of whether one used August 2022 or August 2021 for comparison. American ports managed 2,220,331 twenty-foot equivalent units of imports in October 2022. The trends in Savannah were even more striking. Nevertheless, the trends indicate interesting patterns. Volumes were 7.2%
Last week, Clint Reiser published an article highlighting our 2022 supply chain predictions. While we have published predictions about supply chain technology trends at the beginning of the year in past years. Three Logistics Imperatives for Managing Uncertainty in 2022 ; Terence Leung ( Blue Yonder ). How can this be?
In 2022, the Washington Post made a statement that buckled roads, warped train tracks, and expanded bridges were a stark reminder of the growing need to adapt quickly to a warming planet. Project cargo weight on these possible compromised roads and railways should be a concern even with DOT route surveys.
The future of the UK’s fast expanding subscription box market (subcom) looks bright if trends in the US are anything to go by – according to a new State of Subscription Commerce survey. The post Subcom Market Showing Positive Trends, Says Survey appeared first on Logistics Business® Magazine.
As we turn the page on 2022 , I’d like to make five supply chain predictions about what to expect for 2023. 2022 saw China’s economy grow at a historically low level of 3%, owing to the zero-COVID policy and slowing export volumes. Organizations will be pressured to reduce costs and do more with less. As the U.S.
Ralf Duester, board member of the Bochum-based SCM software specialist Setlog, shows which trends will be important in 2024. At a glance: The top ten SCM trends in 2024 1. Open-source software is increasingly convincing In detail: The ten most important SCM trends in 2024 1. Skilled labour shortage forces action 2.
Early 2022 was a time of incredibly high trucking demand and prices to match. Year over Year: Compared to February 2022, spot load posts were 73.8% From December 2022 to March 2023, flatbed rates have dropped each month, going from $2.77 Reefer trends have been similar, but the drop has been more dramatic.
Japan farm exports in 2022 1st half hit record high as more dine out. will begin imposing 2022 peak-season surcharges on Labor Day and will apply certain ones based on weekly calculations that begin around mid-October and run until early December. In June 2022, Americans spent $2.5 And now on to this week’s logistics news.
It converged with a trend of both airlines and ocean liners investing far more heavily in their fleets over the past fewyears. It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supply chain.
It’s partly due to the great North American trade relationships between US-CAN-MEX… and partly due to recent near-shoring trends in MEX due to trade wars with China. A new survey from IBM says that’s about to change. Digitization trends are and will sweep the trucking industry by 2030. Take a look here. FLS can help.
While it’s imperative to focus on budgets and business initiatives that will take precedence over the next year, it’s just as important to keep an eye on the big-picture trends that are shaping the industry. o9 Solutions’ supply chain experts and leaders are sharing their insights on the trends that could become prevalent in 2023 and beyond.
A larger share of freight forwarders and supply chain professionals this year in 2023 are expecting disruptions owing to COVID outbreaks in China and the Chinese New Year factory closures as compared to the last year (2022). “We We are looking at three different Chinese Years in 2020, 2021 and 2022.
Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. A year later their survey revealed that companies were more likely to have increased inventory than originally planned and less likely to have made other planned changes to suppliers and networks.
Renewable diesel (RD) consumption increased by 68% in 2023 compared to 2022, with most consumption occurring where favorable carbon credit markets ensured price parity with diesel. Fleets using CNG met 70% of their fueling needs with renewable natural gas (RNG) on average in the annual State of Sustainable Fleets fleet survey.
The LCI surveyed a diverse portfolio of shippers across different verticals, including consumer packaged goods (CPG), industrial and manufacturing and direct-to-consumer business to examine three primary metrics going into the next quarter. The latest LCI forecasts an upwards trend for Q2. This was seen in the survey.
A new survey commissioned by ProGlove, leader in wearable barcode scanners , has identified the ongoing struggles of warehouses trying to predict demand patterns accurately. Of those surveyed, just 39 per cent of respondents felt they could accurately predict trends and activity for the holiday season.
Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. Even if the pace of job gains slows, this suggests by early 2022 that carriers will have closed the approximate 25,000 worker gap.
In the third annual State of Sustainable Fleets Market Brief , released today and available at no cost, transportation fleets continued to report a resounding trend — their use of clean fuels and advanced vehicle technologies is rapidly progressing. Report authors surveyed nearly 250 U.S.-based By 2025, U.S.
Discussing this with Cathy Roberson of Logistics Trends and Insights , she partially attributed the trucking advances to the deregulation in the 1980s, which triggered fierce competition, as well as more accessible communications across individual truckers. What do forwarders think will happen to freight service by 2022?
And while this definitely points to an industry making strides, a recent Procurious survey found that 75 percent of women in supply chain experience gender-based adversity. That trend, along with technological advancements, gave FedEx incentive to overhaul its Express unit’s network in a bid for long-term savings.
The bank said Friday that it is launching new “Supply Availability Indexes” via a blog posting on Monday that going forward will feature as part of its regular monthly surveys of regional business activity. The indexes will feature in future Empire State Manufacturing and Business Leaders surveys, the bank said. Import prices surged 0.9%
The National Private Truck Council's 2024 Benchmarking Survey found that shipments and volume increased last year as private fleets positioned themselves as a value-added transportation solution. Private fleets expect to add drivers and equipment over the next five years, continuing a trend that has been consistent for the past decade.
The retail-to-industrial trend is still small -- the report covered just 24 conversions since 2016 -- but it’s growing as a solution to low warehouse vacancy. billion in 2022, creating lots of opportunity for companies that design and manufacture these systems. Warehouse robotics could be worth $30.8
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.
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