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Findings from Overdrive's early-2024 reader survey and analysis of past EPA emissions changes prove instructive, as the latest emissions regs loom. How high could new-truck prices go?
Let’s look at my 7 truths of customer service that every business should consider; Most companies don’t truly know their customers’ service needs, though they think they do This often stems from insufficient customer interaction, lack of surveys, and limited performance measurement Even after working with thousands of businesses over (..)
As the largest global collaborative network connecting shippers and carriers, the Transporeon Group periodically surveys its base of more than 3,000 North American carriers to see how market forces are shaping trucking businesses today. needs 60,000 drivers this year to meet the growing demand for trucking services.
CCJ parent Randall Reilly earlier this year, in partnership with Shell Lubricant Solutions, produced the 2022 State of Diesel Technicians report, a survey-based analysis of the current state of the diesel technician trade.
For example, if delivery times consistently exceed targets, further analysis may reveal specific routes that require optimization or additional resources. 3) Customer Feedback and Behavior Analysis Understanding customer feedback is crucial for optimizing last-mile delivery.
I’ve recently completed a survey titled Warehouse Performance Improvement. I’ve just started the analysis, but in […]. I had two key partners, DC Velocity and eft (eyefortransport). An executive summary of the overall results will be published in DC Velocity in May.
New report from Wards CV Intelligence examines the disconnect between intention and reality, combining latest federal data, industry survey results, and expert analysis.
At the end of March 2020, we set up a short survey sponsored by Ocean Insights. This survey which was answered by over 300 Shipping and Freight Professionals across the world collected and analysed data on three key aspects of Impact, Preparedness, and Recovery. Eric Johnson (Host) Senior Editor, Technology – JOC.
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.
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.
CSCMP and ToolsGroup will reveal analysis from a crucial new global survey which reveals: What planning challenges are top-of-mind for supply chain leaders. Companies around the world are urgently seeking ways to better plan around demand uncertainty and improve supply chain resilience and agility.
However, their predictions are based, in part, on a survey of more than 250 global shippers and logistic service providers. The survey covered what technologies they are currently using as well as their planned investments. McKinsey & Company, a worldwide management consulting firm, has done the same.
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.
Pulling data takes time and then you must format it for analysis and check for errors. Analysis is limited. Empower your Finance Team According to a recent Finance Teams Trends Report by insightsoftware and Hanover research, 80% of those surveyed say that their finance department depends too much on IT. It is slow. Stale data.
When you finally have the analysis, everything’s changed, and the results are no longer relevant. Poor data quality: 53% of respondents in a Supply Chain Insights survey cited this as a top challenge. . You have tough decisions to make about your supply chain network design. The following obstacles bog companies down: .
As the largest global collaborative network connecting shippers and carriers, the Transporeon Group periodically surveys its base of more than 3,000 North American carriers to see how market forces are shaping trucking businesses today. needs 60,000 drivers this year to meet the growing demand for trucking services.
According to a 2020 survey by ATRI , 20.6% In a 2019 survey by WEX Inc, 23% of fleets reported that fuel costs were their top operational challenge. While oil prices are particularly difficult to predict, there are ways to mitigate the impact of these rising fuel charges. Track and reduce non-revenue generating miles.
As the largest global collaborative network connecting shippers and carriers, the Transporeon Group periodically surveys its base of more than 3,000 North American carriers to see how market forces are shaping trucking businesses today. needs 60,000 drivers this year to meet the growing demand for trucking services.
Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. In fact, up to 70 percent of companies surveyed in Europe have already implemented cloud-based solutions to enable rapid scalability and flexibility.
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.
A recent online survey conducted b y MIT’s Center for Transportation & Logistics aimed to understand how companies are reacting to the Coronavirus outbreak. As a result , the resilienc e of supply chain plan ning is being called into question. – Tweet this. Resilient planning in action .
The answer is not simple and involves research and analysis across a number of factors. This data is based on industry output derived from monthly government statistics published by the Census Bureau, Federal Reserve Board, Bureau of Labor Statistics, and Bureau of Economic Analysis. Analysis of employment data.
According to a global survey of 600 supply chain management executives conducted by Blue Yonder, almost half of the participants (48 percent) invested capital in this area. Analysis of the supply chain The first step is to assess whether it makes sense to switch to reusable plastic packaging for your own application.
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.
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.
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.
For a deeper dive into the latest freight market trends, I strongly recommend Judah Levine’s weekly freight analysis, which you can register for right here.
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.
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. According to the 2021 SYSPRO CFO 4.0 Diversification of business operations. The SYSPRO CFO 4.0
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.
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.”.
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.
The EPC/RFID Retail Supply Chain Data Exchange Study, also dubbed “Project Zipper,” surveyed the effectiveness and business value of item-level RFID tagged items as they travel throughout the supply chain, from a brand owner to a retailer. Researchers anticipate Phase 2 will be completed in mid-2019. .
Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage. Risk analysis is becoming an important part of SCM. How Supply Chain Management is changing. Benefits of a Supply Chain Management solution.
The full, 40-page research report features all the data gleaned from this year’s survey plus a summary analysis from the editors of Logistics Management.
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.
Penske also released the results of a national consumer survey, Settling In: A Consumer Moving Trends Survey, which unveils new findings about people’s reasons for moving and the importance of establishing a sense of community in their new places of residence. This survey was live on March 27-April 2, 2024.
According to a 2020 analysis by the Insurance Information Institute, these disruptions cost firms an average of $1.45 According to a survey by the Global Supply Chain Institute, 59% of companies reported that supply chain disruptions resulted in increased administrative work. million per event.
According to the Institute for Supply Management , 75% of the 600+ businesses surveyed in the United States experienced supply chain disruptions. To effectively get this done, you must conduct a thorough risk analysis to figure out the weakest links in your supply chain. Partnering with a Logistics Expert.
A thorough analysis of this global Logistics Robots market report 2019-2025 was published within this study, inclusive of things like the industry size concerning remuneration and volume. The post Logistics Robots Market 2019 Depth Survey Report to 2025 appeared first on 24/7 Customs Broker News.
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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.
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