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Editors Note: The following is an excerpt of a research report published recently, The State of Digitization in Freight Forwarding 2025. The research, conducted by Adelante SCM and commissioned by Magaya, highlights digitizationtrends and priorities in the freight forwarding industry.
For stakeholders navigating this environment, understanding key industry drivers, challenges, and future trends is critical for crafting effective strategies. Additionally, customer demand for green solutions is surging, with a McKinsey survey indicating that 60% of consumers are willing to pay a premium for sustainable delivery services.
Below are some of the insights that Mario shared: PwC’s recent report from titled “ DigitalTrends in Supply Chain Survey 2022 ” suggests that not every company is getting a good ROI on their technology investments. Digitizing Supply Chains Proving to be Slow Go. and fear of missing out (FOMO). Mario’s LinkedIn.
Using digital tools to help deliver great customer experience. . The digitization of the freight industry is about improving speed and efficiency. . This trend moved forward in exciting ways in 2019. Robinson all rolled out new digital tools in 2019. Making the business customer-centric, and . Sound familiar?
A survey of 200 supply chain leaders found that most would shift supply chain strategies from linear to more integrated supply chain networks to detect and minimize risk. Based on extensive research, TadaNow offers eight trends we believe companies should plan for: 1. Multi-Tier Supply Chains. Rise of Cognitive Control Towers.
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.
Editor’s Note: The following is an excerpt of a research report published last week, “2020 3PL Survey: Shifting Priorities in an Unprecedented Year.” Read more COVID-19: Catalyst for Digital Transformation for 3PLs. Read more COVID-19: Catalyst for Digital Transformation for 3PLs.
Digital transformation is a term that is thrown around a lot, and people have different ways to interpret what it means. Essentially, digital transformation is the integration of digital technology into all areas of a business. The report takes a holistic approach to what a digital transformation means.
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.
A survey of 200 supply chain leaders found that most would shift supply chain strategies from linear to more integrated supply chain networks to detect and minimize risk. Based on extensive research, TadaNow offers eight trends we believe companies should plan for: 1. Multi-Tier Supply Chains. Rise of Cognitive Control Towers.
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. 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%
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. Surely all the technology and guardrails should prevent this type of disaster.
The results have been tabulated for the 68th annual Survey of Distribution Operations. By identifying the most pressing concerns in the industry, the survey provides statistics and conclusions which the distributors can use to help maintain their business evolution in our technology based world. Demographics. Best Practices.
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.
The evolving crisis and measures taken worldwide to contain the spread of the pandemic accelerated certain long-term and emerging trends. Digitalization remains key to success. Digital transformation emerges as a key trend throughout 2021, with a large drive from across all industries towards the ERP and Cloud Computing spaces.
Innovation through digitization has pushed control towers from a labor-intensive solution to a foundational system for the automated orchestration of supply chain order flows. Stat: Only 6% of 623 supply chain professionals across 17 countries think they have achieved supply chain visibility, according to a survey by GEODIS.
In each wave, the survey was administered via email invitation to subscribers of Logistics Management magazine. The report compares this year’s findings to 2017, 2016 and 2015 results.
Freight Forwarding And Digital Customer Service Five Years From Now. Discussing this with Cathy Roberson of Logistics Trends and Insights , she partially attributed the trucking advances to the deregulation in the 1980s, which triggered fierce competition, as well as more accessible communications across individual truckers.
We recently surveyed CFOs and finance executives in the manufacturing and distribution sectors to study how the pandemic has impacted their businesses. Over half ( 51% ) of total respondents agreed that investing in eCommerce platforms and digital transformation initiatives is of top of mind this year.
The most recent McKinsey Global Survey on AI shows a 25% increase in use by companies over the prior year, a trend that shows no signs of slowing. At this pace, have we entered the Age of AI? Do we even need supply chain planners, or can we turn out the lights and go home, because we now live in a world of autonomous planning?
How to Elevate Your Logistics Operations with AI & ML Technology Global supply chain organizations are embracing digitization to propel their supply chain planning to new heights. The need for solutions is where the power of digitization comes into play, addressing these challenges head-on.
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.
recap the Internet of Things, and how together the Internet of Things and Digital Manufacturing will propel us all into the future. The core of Digital Industry 4.0 is highly intelligent connected systems that create a fully digital value chain. Digital Industry 4.0 Digital Industry 4.0 Industry 4.0: Revolution.
Digitization is Your Friend. It’s not news to anyone that digitization is a roaring trend and I’m here to say: embrace it. Suspicion that digitization will eliminate jobs is not without cause—there is no doubt that certain roles are changing or being eliminated by automation. Now, it can be deemed scary!
It can be easy to overlook the power of print communications in our digital-forward world, especially when it comes to marketing. Unlike digital communications that get lost in crowded inboxes, physical estimates often stay on refrigerators or desks as constant reminders of your service.
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.
Supply Chains Went Digital. 2016 marched onward with a drive to improve the use of digital technology throughout the supply chain. In the first supply chain trends post, we surmised the previous year’s trends would continue. Unfortunately, many supply chain entities continue to hope for a better tomorrow.
Last month, Adrian Gonzalez’s blog post on value-added services for third-party logistics providers (3PL) provided statistical evidence from a survey that supports the transformational trend in the trade and logistics space. Read more The Need to Exceed: The Race to Become an ‘xPL’.
Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. Here are some highlights from these trends in 2023 and implications on supply chain planning. in December 2021.
According to the characteristics of China’s WMS market, “Ecological”, “SaaS” and “Customization” are the three major trends in the future. To meet their needs, most suppliers need to provide an integrated solution of “MES+WMS+AGV+Stereo-Warehouse” (depending on the customer’s requirements, MES may be replaced by other digital software).
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 race to digitally transform business operations has created new goals and challenges for the CFO.
Today’s article is the fourth part in a series featuring surveys from APQC on supply chain topics including environmental sustainability , last mile , and digital transformation. Survey respondents were asked to identify the top three challenges they face in implementing ESG into their supply chain.
Technology also helps with carrier vetting through digital applications and API feeds. TECHNOLOGY TRENDS TO WATCH. Here are the top logistics technology trends your company should be keeping an eye on and consider implementing. DIGITAL TWINS. Digital Twins technology changes this once and for all.
According to the 2017 MHI Annual Industry Report , released in April 2017, 80 percent of executives surveyed believe that digital supply chain will be the predominant model within five years. Sixteen percent think the era of the digital supply chain is already here. And, what disruptive technologies are on the horizon?
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. Securing a digital future with Cloud ERP.
You can take this short survey (10 multiple choice questions) by clicking here or the link below. Take the survey. The pandemic squeezed trucking capacity as well, as spot market rates rose to accommodate the spike in freight demand caused by evolving consumer trends and consumption channels. .
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 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. The smart factory is an environment, enabled by digital technologies including AI, to monitor and control the physical processes of the factory and provide data for decision-making.
Ralf Duester, board member of the Bochum-based SCM software specialist Setlog, shows which trends will be important in 2024. At a glance: The top ten SCM trends in 2024 1. Open-source software is increasingly convincing In detail: The ten most important SCM trends in 2024 1. Skilled labour shortage forces action 2.
Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! We’ve created this list of the top 3 logistics trends for 2023 to help you on your way to supply chain sustainability. This is accomplished by implementing new business tactics or digital equipment.
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.
In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations. The payoff is well worth it.
3 Supply Chain Trends to Track in 2019. However, this year hasn’t quite closed out yet (at the time of writing), so in the true spirit of just-in-time delivery, here’s a quick appraisal of three current trends that I believe will come on stronger, and perhaps become some of the most important to supply chain operators in 2019.
The Digital Freight Ecosystem. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Dr. Schreiber concludes by covering the players (from startups to billion-dollar companies) and the trends changing the industry.
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