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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.
He joined Reliance Partners in 2021 and has been leading efforts to drive big data and Insurtech initiatives across the enterprise to deliver a smarter insurance experience. There will be less clerk work and more data science work so employees must be trained for their new role. Mario is a graduate of Michigan State University.
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. In transportation, digital freight procurement and asset tracking & data mining are in broad use.
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. The Importance of Focused Data Not all data is created equal.
Editor’s Note: Our “ Research in Focus ” series highlights research conducted by select partners on timely and important trends impacting supply chain and logistics professionals today. The findings were derived from an online survey of 250 executives at leading U.S. Transportation costs ranked second, and labor costs ranked third.
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.
Jabil sponsored a global Dimensional Research survey to capture hard data on current experiences, challenges and trends with the supply chains of electronics manufacturing companies. The results show some of the biggest supply chain management trends in supply chains for 2015.
To do that, you need to access accurate data and create insightful reports for GL, as well as other finance and operational needs. The challenge is that many teams also rely on manual data exports from their ERP or ‘data dumping’ into Excel to report on and analyze their data beyond what standard reports offer.
Big data is only useful if you understand the metrics and can connect them to the important areas of your business. But how do we turn inventory management data and other key metrics into business intelligence? This article explores general insights behind the data found in the evans365 portal and what it means for your business.
And, investment statistics reveal an increasing trend for more technology to enable multi-modal shipping and the application of big data analytics to increase scalability, flexibility, and demand-driven management decisions. According to a 2017 survey of supply.read More.
According to Roberto Michel of Logistics Management, warehouse management trends of 2020 will reflect an increasing focus on more profitability, efficiency, business scalability, and continuous improvement. The average.read More. The average.read More.
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. FedEx ’s AI-driven route optimization technology adjusts delivery routes based on real-time data, improving delivery times and fuel efficiency.
For the most part, the retail market for fresh foods thrived throughout the pandemic, according to the Supermarket News 2021 Fresh Foods Trends Report. In a survey of retailers and wholesalers conducted from mid-March to mid-April, 81% said sales in the perimeter had increased over the previous 12 months.
In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. SUSTAINABILITY Growing climate issues are making sustainability a common trend in almost all industries. This makes sustainability one of the top trends in the food and beverage industry. As a result, hiring workers in the U.S.
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.
It adds that by analyzing revenue forecasts, inventory levels, and order volumes, the index provides industry stakeholders with valuable insights into what to expect in the next quarter and how these trends reflect the freight market.
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.
A look at the supply chain trends and technology that will come into play in 2018. While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Kristi Montgomery, VP of innovation, Kenco. Investing in Innovation.
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.
Trinity Logistics wanted to get answers to these questions for you, so we asked a random sample of our shipper and carrier relationships to gauge the effect 2023 had on their business and what their expectations for 2024 in our first Freight Market Survey. Low rates and increasing operating costs were the main challenges facing carriers.
Many of the trends and changes we expect to see in 2021 are largely driven by the supply chain weaknesses and gaps identified in 2020. These brands were relying on 3PLs more than ever to handle the increased supply chain complexity, which in turn meant layering their technology stacks on top of one another, creating data and planning siloes.
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. Machine learning (ML): Using algorithms and data to detect patterns without being explicitly programmed to do so automatically. ML models learn from data.
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. This trend was a while in coming. The inventory trend that emerged from ShipBob’s data seems to be extending into 2023. The key takeaway?
A majority of consumers in new survey said they’re concerned about their online and in-store shopping history, such as transaction history and online searches, being used to provide better, more personalized service. and Centiro explored consumer trends in key markets in its 2018 Global Consumer Survey, released on Sept.
These are questions ARC Advisory Group will seek to answer in our online survey research of supply chain executives over the next few months. The World Trade Organization publishes lots of insightful data on global trade – including trade indexes. The third trend is that global trade growth appears to be gradually slowing.
More Resources Home The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization Eytan Buchman April 15, 2024 Dive deeper into freight data that matters Learn More The March 26th Francis Scott Key Bridge allision feels shocking. He’s obsessed with marketing, data storytelling (it’s a thing!)
As a result, ARC Advisory Group and DC Velocity magazine have chosen to focus this year’s survey-based research on the changes logistics operations have experienced in the upheaval of the Covid-19 operating environment in 2020; and the expectations logistics executives have about their operating environment in 2021.
To examine supply chain management priorities, performance, and anticipated trends, APQC conducted its 10 th annual Supply Chain Management Priorities and Challenges research, including a survey of more than 350 supply chain professionals from around the world and across multiple industries.
In the grand scheme of things, data analysis falls into the categories of descriptive, predictive, and prescriptive. While descriptive data presents existing figures, predictive data allows you to draw insights from trends in your descriptive data in order to make an educated guess about what might happen next.
Bouncing back more quickly, said experts, will require supply chain managers to turn to new ways of managing the supply chain, including using Internet of Things (IoT) data, analytics and machine learning (ML). An AI system needs to be fed data sets to learn how to behave and react.
At the onset of 2016, we identified key trends to watch for in manufacturing, and as the year draws to a close, it’s time for an evaluation of our predictions to discover the state of manufacturing. True, all analytics do provide insight, but the different types describe different ways data can be used.
Certainly, supply chain constraints are a partial cause of the current above trend inflation. Data as recent as the end of June 2021 show that inventories remain below 1.3 With that said, let’s take a look at some recent and more granular data on sales, prices, and supply chain performance. I question if this is a data anomaly.
The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.
This article shares details on the Truck Tonnage Index, how the data reflects the overall economy, and other ways to interpret the data. Data Collection. The ATA creates the tonnage index through a series of surveys of its members. The index uses seasonally adjusted data and non-seasonally adjusted data.
Editor's Note: Today's blog is from our friend Kevin Hill with Quality Scales Unlimited who shares his expertise regarding the key trends in supply chain and transportation management. . 6 Key Trends in Supply Chain. 6 Key Trends in Supply Chain. Smart Technology. Opportunities for New Markets. Managing Risk.
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).
The role of the CFO is being transformed by technological innovation and access to massive amounts of data, both inside and outside the organization. 65% of the CFO respondents surveyed revealed in order to thrive, they have shifted expenditure into new markets, product lines and technologies. The modern CFO. The SYSPRO CFO 4.0
It’s not news to anyone that digitization is a roaring trend and I’m here to say: embrace it. In a recent Forrester study, they found the problem to be poor quality data. Digitization is your friend, but quality data is your foundation. Digitization is Your Friend. Be proactive about your suppliers!
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. Let’s look at what the research shows and how it will help your company thrive. Multimodal shipping solutions.
Our latest research survey shows that 70% of manufacturing and distribution businesses experienced supply chain disruptions and 60% of businesses were unable to engage and collaborate with customers and suppliers in real-time. Immediacy: The Cloud allows for data and information to be shared immediately.
Survey findings. The report underlined a growing impetus and trend in business to pursue both new markets and novel innovations. Survey are clear. According to Gartner , key technical issues to address when aiming for supply chain excellence are data accuracy and timeliness. Migration to Cloud-Based Services (37%).
This survey-based research gathers quantitative data as well as information on practices or performance drivers. From a maturity standpoint, the majority of respondents are digitizing data and processes. But, it varies on how the data and processes are being used form a technology standpoint.
More Resources Home June 4, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 5% to $5.43/kg
Ivanti Wavelink , the supply chain business unit of Ivanti, has announced the results of a joint survey with VDC Research regarding the state of industrial supply chain operations and the adoption of Industrial Internet of Things (IIoT) solutions. The survey was fielded during Q3/Q4 2021 and included 205 qualified respondents.
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