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The research, conducted by Adelante SCM and commissioned by Magaya, highlights digitization trends and priorities in the freight forwarding industry. The report includes data and insights from a survey conducted in November 2024 with. appeared first on Talking Logistics with Adrian Gonzalez.
In industries like lawn care and pest control, businesses tend to operate on thin profit margins. For these companies, maintaining profitability while protecting their margins hinges on operational efficiency and the strategic use of data. Data is critical to managing every dimension of the business.
Today marks a pivotal moment for the transport industry as Women in Transport launches its second annual Women in Transport Equity Index Survey , a global benchmark for tracking diversity and equity in the transport sector. Equity and diversity are vital to the future of transport, and we’re proud to lead this essential work.”
While the industrial sector is undergoing a transformation driven by AI and the Internet of Things (IoT), simultaneously the workforce is shifting as traditional domain experts are replaced with tech savvy workers who bring a new level of operational expertise. The Current State of Industrial AI in the Process Industries.
Prior to Drive My Way, Beth built a successful HR consulting practice serving organizations in a variety of industries and held senior positions at Unilever, Rockwell Automation and Helene Curtis. Data-Driven Approach: Drive My Way leverages data and analytics to continuously improve their matching algorithm and platform.
Learn how to organize your data operations in alignment with supply chain strategy. Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry—think Amazon. More data is coming in than ever before.
Prior to joining Reliance Partners, Paluzzi established, led, and deployed industry leading technology teams and transformative innovations across high-growth startup environments as well as multi-billion dollar enterprises. There will be less clerk work and more data science work so employees must be trained for their new role.
Sitting Down with Mike Hain, Lead of Industry at Descartes to Discuss the 8th Annual TMS Benchmark Survey Mike Hain has over three decades of experience spanning transportation-based projects, executive consulting, various software organizations, and now go-to-market solutions with Descartes.
Körber’s Business Area Supply Chain serves various industries, such as retail, e-commerce, pharmaceuticals, and logistics. The division has a strong focus on research and development, constantly innovating to meet the evolving needs of the supply chain industry. Episode Sponsor: Greenscreens.ai The Greenscreens.ai
To improve,” the report rightly notes, “organizations should enhance supply chain visibility with robust data and analytics; use AI to foresee disruptions; keep business continuity plans current; and diversify supply sources, suppliers, manufacturing and logistics partners.” Those companies had at least $500 million in annual revenue.
Data intelligence and market insights, reliable support and proprietary technology combine with these solutions to enable smarter supply chain decisions and strategies. For the study, Coyote worked with a 3rd party research firm to survey over 500 supply chain decision makers. 81% were from the U.S., and 19% were from Canada.
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% The data is accessible to state U.S. The investigation will assess whether Temu is meeting DSA requirements, particularly regarding providing access to public data for researchers.
A recent survey conducted by the International Road Transport Union (IRU) industry association shows that this bottleneck has exacerbated worldwide over the past two years. This is where big data technologies come into play. Big data for real-time optimizations in transport logistics. Look at the big picture.
According to data from the industry, there are a lot of claims related to perishable shipment by all means of transportation. Marine Cargo Survey Practices. A Cargo surveyor is normally appointed by the Cargo Owner, but he may be appointed by the cargo receivers, ship owners, insurers, or any other stake holder in the industry.
More Resources Home Innovative Synergies: Logistics Tech Lessons from Other Industries Judah Levine May 23, 2024 Though the logistics and supply chain industry has made and continues to make a lot of progress in its digital transformation, it has a reputation for being part of the late majority or even a laggard in terms of digitalization.
Manufacturers increasingly turning to data and analytics, from an ERP system, to support business initiatives. Data is after all the fuel that runs the Fourth Industrial Revolution. Challenges to using data. Many manufacturers are data-rich but when it comes to using it they are insight-poor.
According to a survey by ARC Advisory Group, only 10% of industrial companies are ready to apply artificial intelligence/machine learning. The percentage of industrial companies broadly applying agentic AI and generative AI would be a small fraction of that number. ARC has been actively studying industrial AI for over two years.
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.
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. Data-driven approaches, such as predictive analytics, facilitate real-time adjustments in delivery operations.
The survey was conducted by ISACA and the Digital Manufacturing and Design Innovation Institute (DMDII) in August 2018, captured responses from 167 participants from across ISACA, DMDII and Manufacturing Extension Partnership stakeholders. Three-quarters of U.S. manufacturing firms have fewer than 20 employees and 98% have fewer than 500.
Indago ResearchCasts are video episodes where we share data and insights from our Indago supply chain research community and discuss them with subject matter experts in the industry. Ron and I discuss the findings from three Indago surveys we conducted.
Indeed, some organizations spent several years laying the foundations for data-driven strategy and remote operations even prior to COVID-19. Data-Driven Strategies Become Core Value Proposition. This core principle of creating value through logistics data has ricocheted throughout FedEx’s IT restructuring and its future plans.
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. Connecting through Cloud ERP. A cloud ERP system can be such a platform.
According to Richard Howells of Forbes , the 2020 Oxford Economics survey found “49% of supply chain leaders (the top 12 % of respondents) can capture real-time data insights and act on them immediately, while 51% use AI and predictive analytics to capture insights. Freight market data size consistency matters.
2018 is looking good according to a recent survey of manufacturers. The 2018 Leading Edge Alliance (LEA) National Manufacturing Outlook Survey found that manufacturers have a more positive outlook about the economy for 2018 than in 2017. Others include machining/industrial (59%) and automotive (52%). Printer-friendly version.
Specifically, raw material and product shortages are affecting the chemical industry. With many other industries relying on the chemical industry, this is becoming a significant challenge to overcome. Shortages in the chemical industry have worsened over the last quarter. MATERIAL AND PRODUCT SHORTAGES.
Despite frequent discussions about AI’s potential impact on jobs, the majority of logistics workers are untroubled by automation, according to a recent YouGov survey commissioned by SafetyCulture. The industry is already seeing successful applications of AI, which many workers believe will help tackle labor and skills shortages.
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. They can analyse data to predict and prevent accidents, reduce traffic violations and enhance driver behaviour.
In general, the companies in the meat industry have among the most to gain from improving their freight efficiency, and we estimate that food companies with average margins and an average relative freight spend could save $300 for every $1 million in revenue by improving freight efficiencies by 1%. Request a SONAR Demo.
Collaboration between different sector organisations is increasingly important to achieving shared targets for the timber industry, according to John Dye, President of the Timber Packaging & Pallet Confederation (TIMCON). Boulton presented latest UK market industry trends, including timber imports, demand, and forecasts.
It does present a training requirement, the need for new skills for industry 4.0 Together they conceived the Unimate, the very first industrial robot. Of course, robotics does not tell the full story, as the world of manufacturing has evolved even further over the last few decades, with the rise of data and smart, autonomous systems.
In July, Freightos conducted a survey of over 100 small business importers and exporters, primarily from the United States, who utilize the Freightos.com marketplace for international freight. The survey aimed to explore the impact of these changes on their operations.
As early as 2018, a Neilsen study found that fresh foods were “the primary driver of growth in retail stores, accounting for 49% of all dollar sales growth in the fast-moving consumer goods industry. As one industry insider put it, “The supply chain absolutely stretched to the limits — broken, in many cases.”
A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Download the Report: 2021 Peak Shipping Season Survey. 6 Tips For Shippers During Peak Season and Beyond.
1500 carriers have been surveyed. ? 22:09 – Data Revolution in logistics. Topic Takeaways: Create and nurture relationships with individuals and businesses in your industry. The availability of data is starting to revolutionize logistics. Optimizing the routing system. are direct with shippers ? with brokers.
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.
Mark Derks, BlueGrace Chief Marketing Officer June 23, 2023 In the dynamic and ever-evolving logistics landscape, having access to accurate and timely data is essential. Updated quarterly, the LCI has become an important resource for shippers seeking to maximize data forecasting as part of a predictive and prescriptive analytics model.
Today’s article is the fifth part in a series featuring surveys from APQC on supply chain topics including ESG in supply chain , environmental sustainability , last mile , digital transformation. Survey respondents are second most likely to have implemented Robotic Process Automation in sourcing and procurement (20 percent).
A mix of languages are being used by trucking and logistics employees in the workplace, and based on what we heard from industry employers this mix will continue to diversify.
What do workers in the manufacturing and logistics industries really want? Total Talent Resources surveyed over 2,300 industrial workers to provide actionable, data-backed insights into what candidates value most in their job search and careers.
This survey-based research gathers quantitative data as well as information on practices or performance drivers. The final report focuses on the current state of key practices in digital transformation in logistics, spread across multiple industries and over 1,100 respondents.
Port Everglades’ landside operations resumed Thursday morning and waterside operations are expected to resume Thursday, pending channel and berth damage surveys. Fortunately, the logistics industry is relatively calm. Both ports are scheduled to reopen Friday, pending damage and safety assessments.
Using Data for Better Transportation Management How to Use Data for Better Transportation Management The logistics industry has long been characterized by volatility and unpredictability. Additionally, even some of the most tech-savvy companies appear to be overlooking important supply chain data and metrics.
The promise of IoT is disrupting all industries – and it seems like the future is bright. These standards define how IoT devices will communicate, and how data will be collected, processed, handled, stored, and summarized. Having a specialized team specifically focused on innovation is a growing trend in the logistics industry.
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