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
He is responsible for driving strategy, customer engagement, and industry analysis. He leads a team of market experts who study every facet of the logistics industry to bring the best available insight to customers. About Ken Adamo Ken Adamo serves as the Chief of Analytics at DAT Freight & Analytics.
In politics, it can of course be necessary at times to portray events as relatively simple in order to reach a wider audience. However, when the speech and the underlying fact sheet is studied more closely, it unfortunately contains a range of misconceptions about how the shipping industry works. Additionally, it is unlikely the U.S.
While this creates tremendous value , it also br ings the inevitable risk that certain event s can have far-reaching consequences that influence supply chain s more than ever before. The study include d firms in the retail, manufacturing and distribution verticals. – Tweet this.
In the event of unsuccessful negotiations regarding the implementation of semi and full automation systems, the International Union of Port Workers, which represents 45,000 members, may resort to another strike. This is expected to enhance productivity and contribute to a boost in economic value added to the U.S.
Limitations of Traditional Supply Chain Planning Traditional supply chain planning relies on retrospective analysis. A 2023 McKinsey study found that companies relying on reactive supply chain management lose up to 10% of annual revenue due to inefficiencies and missed opportunities.
The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools. They can ingest large volumes of functional data and leverage advanced intelligence to recognize broad trends and specific disruptive events. billion to $23.07
From this survey a complete analysis has just been published. The conclusions of this study show that the worst is over, and that the sector is moderately optimistic as it awaits future events before considering the crisis to be over. As the study shows, this has caused a sceptical reaction among European hauliers.
Fast forward 5 years, and ARC’s 2019 base-year study estimated the market at $11.9 The process involves an analysis of large amounts of information and interviews with executives from numerous warehouse automation providers; and concludes with the publication of ARC’s Warehouse Automation & Control Market Research Study.
Before the pandemic, in a study of logistics providers conducted by Fraunhofer IML, among those embarking on digitalization initiatives, only 25% of logistics providers in the Fraunhofer IML survey are leveraging digital technologies to think outside the box and reinvent their foundational delivery model. The Crucial Role of Trading Partners.
Our Case Study: Journey Towards Continuous Improvement takes a closer look at how our analysts use best practice experience in analytics and continuous improvement to drive real change in logistics performance with our client. Download Case Study. Investment in Working Capital Inventory. Get the Full Picture.
Geopolitical events. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation. In just minutes, BD was able to see and manage the delivery and order-fulfillment challenges created by this unforeseen event, in real-time.
Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.
According to the “The Total Economic Impact of Blue Yonder Luminate,” a commissioned study conducted by Forrester Consulting on behalf of Blue Yonder , Blue Yonder’s SaaS-based solutions do just that. The financial analysis from the study found that companies had a net present value (NPV) of $59.79m and a return on investment (ROI) of 394%.
According to a 2020 analysis by the Insurance Information Institute, these disruptions cost firms an average of $1.45 million per event. According to a study by the Business Continuity Institute and Zurich Insurance Group, 85% of companies experienced a financial impact from supply chain disruptions in 2020, with an average cost of $1.9
Case Study. What kind of impact does a data analysis have on the supply chain? This LinkedIn Live Event is brought to you by our host Brian Blalock and BlueGrace industry expert: Chris Kupillas, Vice President of Sales. Webinars Show Submenu Resources. The Logistics Blog®. Whitepaper. Adam White.
The Cost of Supply Chain Disruptions Recent studies, including one conducted by Accenture , have highlighted the staggering costs associated with supply chain disruptions. Understanding the financial impact of these disruptions and exploring effective mitigation strategies is crucial for maintaining a resilient and profitable operation.
The answer lies in identifying supply chain disruptions — from a big event, like a port closure, to smaller day-to-day performance exceptions — at the earliest possible moment. As disruptive events occur along the digital thread, the entire organization can act in a fluid, connected manner to optimize costs, service levels and other outcomes.
In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years. One of the most powerful tools employed in this endeavor is the ABCD Analysis.
In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years. One of the most powerful tools employed in this endeavor is the ABCD Analysis.
7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.
Jesús Cuadrado (professor at the UPV and technical director of the research centre) also attended the agreement event. It will be dedicated to analytical studies of structures made up of thin-walled profiles. The centre will begin its activity in September, coinciding with the start of the next academic year.
Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Analysis of Trends and Recommendations. In some cases, human intervention and input will be completely eliminated. IoT and Machine Functionality.
Maintaining all past and future promotional events in a database. Maintaining outlier events that have influenced demand patterns or supply availability . Modeling the impact of weather events. Automatic identifying and removing outlier events from the historical data. Having accurate stock-out data. and Europe.
While this creates tremendous value , it also br ings the inevitable risk that certain event s can have far-reaching consequences that influence supply chain s more than ever before. The study include d firms in the retail, manufacturing and distribution verticals. – Tweet this.
The conference is seen as the founding event of AI. This significant event was the first widely recognized successful application of Deep Learning. Creator DeepMind said the machine studied older games and spent a lot of time playing the game, over and over, each time learning from its mistakes and getting better.
From new tech breakthroughs to changing customer expectations and unexpected global events, businesses need to stay flexible and ready to adapt. Studies have consistently shown that businesses with resilient supply chains recover significantly faster from disruptions, highlighting the importance of proactive planning. The evidence?
A Deloitte study in 2017 found 49% of procurement officers believe the quality of data is a major barrier, and the lack of data integration was the number two barrier (42%). The second stage, Diagnostic Analytics, allows organizations to execute root cause analysis for issues and inefficiencies across functions, departments, and operations.
You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020. Networking.
In fact, a recent study , in partnership with Edelman Data & Intelligence, found a broad increased level of confidence from supply chain leaders despite peak season disruptions among those that have successfully implemented data-driven, third-party resources to manage heightened activity levels. Enabling Data-Driven Decision-Making .
These views may be correct, but anecdotes are no replacement for the detailed study of what went wrong and – more importantly – why. Why, then, should we bother studying the logistics-related issues pertaining to operations in East Timor if such issues are to be expected?
Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. Qualitative forecasting methods tend to be more expensive than time-series methods, but can reveal insights you might not get from studying numbers. What promotions did you have running during that time period?
One of the biggest impacts of decoupling in the supply chain is that it helps minimize the impact of unexpected events. Spreading production across multiple countries or regions can mitigate the risk of production halts due to unexpected events. What are the impacts of decoupling in the supply chain?
The premise of the study was interesting. The 2017 hurricane season,” Mr. Herzog said, “was a big event on our journey. Supply chain design software requires scenario development and analysis to an even greater degree than other supply chain planning solutions. The goal should not just be to close the existing gaps.
Do some research, develop a business plan with some projections & an ROI analysis (multi-year), research solutions, resource appropriately and give it some time … Then market it differently than the rest of your business. Conduct a customer analysis. We’ve conducted brand preference studies of manufacturers.
Moreover, the attitude of commanders and leaders, logisticians and staff planners to comprehensively and critically assess the Defence organisation – a ‘blue force analysis’ – also influences the logistics system to function as intended. In Part One of this series asking the question, ‘how much readiness is enough?’
If existing scenarios and events have triggered an assessment of your supply chain flow, you’re operating with a reactive design. If on the other hand, you’re considering events that aren’t in the process of happening right now, you’re proactive instead. Times Have Changed For Supply Chains.
Organized annually by CMC Packaging Automation, a company in the portfolio of KKR Global Impact Fund and supported by Amazon’s Climate Pledge Fund, this event has become a tradition in the on-demand packaging sector. The event was held at CMC’s headquarters in Città di Castello (PG), Italy.
These views may be correct, but anecdotes are no replacement for the detailed study of what went wrong and – more importantly – why. Why, then, should we bother studying the logistics-related issues pertaining to operations in East Timor if such issues are to be expected?
Detailed analysis of more than 85,000 vehicle records by Michelin Connected Fleet’s data science team found the average internal combustion-engined (ICE) van travels 63 miles per day, compared with just 28 miles for an electric LCV. Electric vans overcharged.
Although I have never been to an eastern country yet, there are many details and facts that I have heard about them that motivate me to save money in order to go someday to tour, party, and even study that far from home. Supply chain analysis of Seven-Eleven Japan. They typically offer a variety of services. 1 – [link].
It was a strategic/tactical analysis, disconnected from day-to-day operations, and the software tools were difficult to learn and use. Today, Supply Chain Design is becoming more operational and real-time, as companies have to respond more quickly and intelligently to fast-changing forces impacting their business (e.g.,
The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.
I’ve spoken at this event in the past, but this year I came mainly to learn and network with the attendees (over 600 this year, a new record). How can I summarize the many sessions and customer case studies I attended in a short blog post? I’ve been wrestling with that question since I returned. Keegan McCready, Sr.
Using AI driven product nature of being and smart attributes, data can be structured to support the needs of ERP applications as well as strategic sourcing and Value Analysis activities , all from one data set. The biggest event in human history. It could be the last event unless we learn how to avoid the risks.
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