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
The supply chain industry has also been affected severely. There has been a massive drop in cargo volumes, congestion both on land and at sea, job losses etc, although ironically this is one of the industries that has and is helping to fight this pandemic by ensuring the movement of essential goods like medical supplies, food and PPE.
New report from Wards CV Intelligence examines the disconnect between intention and reality, combining latest federal data, industrysurvey results, and expert analysis.
In industries like lawn care and pest control, businesses tend to operate on thin profit margins. Lets explore how AI and BI empower these industries, using specific examples to illustrate their transformative potential. Cleaning and security businesseseven thinner. Data is critical to managing every dimension of the business.
For stakeholders navigating this environment, understanding key industry drivers, challenges, and future trends is critical for crafting effective strategies. Industry Drivers of M&A Activity Sustainability and Electrification The global commitment to achieving net-zero emissions is reshaping investment priorities across industries.
This increase in spending is not due to candy prices rising, the results from the survey show an overall candy prices only increased 0.9% This is nearly double the amount from a decade ago and it seems to be in line with the trend of Halloween gaining popularity in the last few years with the help of social media.
For the past few years, Transporeon Group has queried its extensive network of North American carriers on the state of the industry in order to gather insights on the issues that carriers are facing and how they see the transportation market evolving. needs 60,000 drivers this year to meet the growing demand for trucking services.
In this article, we will explore these last-mile delivery optimization strategies and the role of route optimization software as we look ahead to industry trends shaping the future of delivery in 2025. 3) Customer Feedback and Behavior Analysis Understanding customer feedback is crucial for optimizing last-mile delivery.
With ongoing supply chain disruptions continuing to affect all industries, that’s a question that the fabricated metals industry is beginning to ask. Supply Chain disruptions are creating a chain reaction across the metal fabrication industry. AI goes to the next level by helping with the analysis of that data.
Myth 4: Historical Data Is More Valuable Than Real-Time Insights While historical analysis certainly has value, over-reliance on backward-looking metrics creates blind spots to current conditions. The most effective approach combines historical trend analysis with real-time monitoring to gain both perspective and immediacy.
The survey of 200 IT decision-makers and cybersecurity leaders across the UK comes at a time when critical infrastructure attacks are increasing, particularly those targeting government, education and healthcare industries. Worryingly, it took more than two in five of organisations more than a week to recover.
Ian Arroyo April 29, 2025 Blog As Freightos’ Chief Strategy Officer, I’ve had the privilege of witnessing firsthand how the logistics industry has transformed since COVID-19 disrupted supply chains worldwide. This approach is vital as the industry continues its digital evolution.
The challenges facing third party logistics providers The survey highlights accuracy, timeliness and cost-effectiveness as the top priorities in goods delivery, named by 57% and 31% of supply chain professionals respectively.
Transportation Technology Maturity Curve This is the time of year when industry analysts and technology pundits make predictions about the future. However, their predictions are based, in part, on a survey of more than 250 global shippers and logistic service providers.
For companies involved in shipping freight, the combination of order-level management and cost to serve analysis can be a game-changer. By combining order-level management with cost to serve analysis, businesses gain unparalleled transparency into their operational costs. The benefits of each component are highlighted below.
The research is based on analysis of 9,500 companies in the UK, and used a CyberRisk score, a diagnostic tool which calculates risk using publicly available information and an analysis of a wide range of cyber security indicators. and hospitals and healthcare (53.4). Scores higher than 75 indicate an extreme risk of attack.
This begs the question: Even if the industry gets more truck drivers, just how much is enough to relieve the strain on trucking capacity? The answer is not simple and involves research and analysis across a number of factors. Analysis of employment data. for Q2 2021, relative to Q2 2018.
Despite Hapag-Lloyd’s earnings report from earlier this week, market research firm Xeneta’s latest analysis of the shipping industry indicates freight rates have finally peaked, after skyrocketing throughout the first half of 2022, and will normalize throughout the rest of the year.
Container xChange has released a Container LogTech predictions report for 2023, which highlights important global trends that the shipping and supply chain industry will witness in 2023. Most of the experts surveyed foresee that inflation and recession will have a greater impact this year and will be the biggest driver of disruptions. ‘‘Due
For the past few years, Transporeon Group has queried its extensive network of North American carriers on the state of the industry in order to gather insights on the issues that carriers are facing and how they see the transportation market evolving. needs 60,000 drivers this year to meet the growing demand for trucking services.
In late 2023, Descartes conducted a survey of 1,000 supply chain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The study also provided insight into what companies are doing to address it. Let me know.
ARC Advisory Group, where I work, publishes an analysis of the 25 manufacturers with the most mature digital transformations. This survey-based research gathers quantitative data as well as information on practices or performance drivers. Final Thought The APQC survey gives an interesting look at digital transformation in logistics.
According to Sundeep Sunghavi, the use of predictive analytics will save approximately $630 billion in the manufacturing industry over the next 15 years. For example, the aeronautics’ giant, Lockheed Martin, has embraced augmented reality during the manufacturing and repair processes, explains Industry Week. billion by 2021.
For the past few years, Transporeon Group has queried its extensive network of North American carriers on the state of the industry in order to gather insights on the issues that carriers are facing and how they see the transportation market evolving. needs 60,000 drivers this year to meet the growing demand for trucking services.
This study should cause retail industry stakeholders to consider the immediate positive impact item-level RFID can have on supply chain efficiency. The study will continue with a Phase 2 analysis that will investigate the causes of errors, the consequences of work-arounds and additional use cases for traceability and authenticity.
In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. Analytics inform decisions.
Supply chain industry executives do not foresee a global economic recovery until 2022 or beyond, despite an expectation that Asia, North America and Europe will rebound this year from the downturn triggered by the COVID-19 pandemic. Of 1,200 industry professionals surveyed for the 2021 Agility Emerging Markets Logistics Index, 51.5%
small and middle market enterprises (SMEs) are feeling very optimistic about the international market according to the 2018 American Express Grow Global Survey. The third annual survey of over 500 domestically-based companies selling outside of the U.S.
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. Driving industry 4.0. The modern CFO. According to the 2021 SYSPRO CFO 4.0 The SYSPRO CFO 4.0
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.
2024 is shaping up to be a challenging year for the shipping industry. Soft pricing, lower demand, and economic uncertainties are creating a complex landscape, and the shipping industry is gearing up to face these issues head-on. As we turn our attention to Lunar New Year in February 2024, the survey paints a muted outlook.
A 2023 survey by McKinsey reported that 79 percent of all respondents had at least some exposure to gen AI, either for work or outside of work. ML and DL are mainly used in data analysis, classification, clustering, and ranking. The use and discussion of AI has become common. This the concept of Smart Manufacturing.
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.
With a detailed analysis of current challenges, including capacity constraints and the need for greater operational efficiency and transparency, this report is grounded in insights from 106 industry professionals. Key Findings from the Report 1.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Ocean peak season’s early arrival together with Red Sea diversions straining capacity and schedules continued to result in worsening congestion, equipment shortages and elevated prices this week.
Transporeon has presented the results of European Road Carrier survey: Findings point up an urgent need for digital investment amidst pandemic gloom. Nevertheless, the survey results point up major deficits when it comes to calculating and reporting transport-related CO2 emissions. And clearly we have a lot of work to do there.”.
The global shipping industry heavily relies on accurate and timely documentation, such as the Bill of Lading (BOL), to transport an astounding 11 billion tons of cargo annually. According to a 2020 analysis by the Insurance Information Institute, these disruptions cost firms an average of $1.45 million per event.
Many manufacturing companies still rely on Excel for all sorts of tasks including scheduling, inventory management and data analysis. Within the manufacturing industry the use of sensors, IoT or IIoT is paramount for collecting essential information. Collecting data for effective usage with business intelligence.
COVID-19 has unearthed all the loopholes that existed in the domain’s fabrics and have shown how the very backbone of the world economy can receive brickbats if the said industry does not brace itself for the worst to hit. Data analysis renders greatest of help in taking key decisions which are based on facts and trends.
Despite their size, few people outside their industry have heard of them. of in-stock products ship the same business day from our DCs; that is best of breed for any industry.” Their associate engagement survey allows Ferguson to understand the driver’s impacting engagement across their 31,000 employees. Conclusion.
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. At SodaStream, which provides 1.5
All sorts of organizations have run studies on eco-friendly attitudes in the ecommerce industry, and we have amazingly positive news to share about what buyers are thinking. Another survey found that 73% of global consumers would “definitely” or “probably” change their buying behavior to reduce environmental impact.
Some industries experience more returns than others. The impact of returns too, can differ from one industry or organisation to another. Network analysis will be crucial for finding the best configuration of return centres, given factors like retail locations and transport facilities with backhaul possibilities.
For example, a recent survey of 100 randomly selected people showed that many are not conversant with shipping industry terminologies, let alone the services. Hence, it is not surprising that early analysis indicates that 8 out of every 10 participants in the survey had never heard of the term “freight forwarding.”
A recent SYSPRO survey shows that only 45% of businesses have looked at systems to address supply chain disruptions and just 44% have investigated technologies that enable collaboration with external suppliers and customers. The analysis is mostly on point; however, the blame does not lie with Lean.
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