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
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 inability to track a shipment’s location, temperature, humidity, and other factors in real time while in-transit results in significant losses annually. In fact, U.S.
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. This example illustrates why supply chain visibility isn’t enough.
According to an American Chemistry Council report, 96 percent of all manufactured goods trace back to chemical manufacturers. For example, raw agricultural materials have increased 117 percent since 2000 , rubber has seen an increase of 359 percent, and steel is up 167 percent. Rising Raw Material Costs.
According to a survey by market research firm IDC, “Around 50 per cent of supply chain logistics companies will use AI and Power BI for advanced analytics for planning by 2020”. For example, in a warehouse, AI helps retailers to maintain an edge for supply chain operations and product delivery. What is Artificial Intelligence?
And a FourKites survey of 350+ supply chain leaders tells us that the past few years of supply chain disruptions — including COVID-19, market volatility, global political conflict, material shortages and extreme weather events — drove 73% of respondents to begin investing in supply chain visibility, with 46% planning to invest more in 2023.
Nearly 60 percent of those surveyed reported waiting for longer than two hours on each load. This is in line with data collected by a DAT solutions survey showing that 63 percent of drivers say they spend more than three hours waiting when loading and unloading. Freightwaves also collected data on driver wait times.
For example, consider the multitude of companies involved in the process of manufacturing, warehousing and distributing a single pair of shoes. According to a Deloitte survey of large companies with $500 million or more in revenue, 25% of respondents expected to invest more that $5 million in blockchain technology in 2017.
The application of the Internet of Things (IoT) along with cloud-based GPS will make it possible to keep track of individual items and their conditions. What is an Example of Internet of Things? IBM’s Smarter Planet team created a 5-minute video that wholly explains Internet of Things and provides a brilliant example.
CMA CGM and Maersk’s decision to sell online, Kuehne+Nagel’s notable online sales – showcased in our annual online freight sales survey – show two things quite clearly: The industry already made a conscious decision to offer online services in a transparent fashion. This decision isn’t driven by fear.
Track, Trace and Collect Data from Key Partners. As data is collected from these primary and secondary parties, be sure to also integrate it with your global track and trace strategies to deliver cross-functional insights that can deliver return-on-investment. Analyze Performance and Manage Expectations.
A report by Avery Dennison which surveyed more than 5,000 fashion buyers from across the U.S., Track and Trace. For example, air purifying specialist Rensair has talked about switching its focus from air to ocean freight, motivated by the opportunity to lower its carbon footprint. Sustainable savings.
For example, as reported by JOC.com , a way to save time and money for customer service partners is by partnering with software providers to streamline the payment processes. Customer service advocates do well to continuously monitor interactions and ask for feedback through surveys and polls.
For example, as reported by JOC.com , a way to save time and money for customer service partners is by partnering with software providers to streamline the payment processes. Customer service advocates do well to continuously monitor interactions and ask for feedback through surveys and polls.
We’re building an online portal for transactions that range from tracking to transporting containerized cargo,” says Oakland’s senior project administrator Eric Napralla. Port terminal survey reveals more on automation trends. The Port of Baltimore, for example, is concentrating on attracting carriers with fewer just-in-time demands.”.
We’re building an online portal for transactions that range from tracking to transporting containerized cargo,” says Oakland’s senior project administrator Eric Napralla. Port terminal survey reveals more on automation trends. The Port of Baltimore, for example, is concentrating on attracting carriers with fewer just-in-time demands.”.
Ineffective freight forwarders often lose track of shipments, allow roll-over of cargoes because their volumes moved with the shipping line are too low or the negotiated freight rates are not in line with the actual market conditions. In addition, most tech-enabled forwarders offer online quotations, track & trace or electronic billing.
A report based on a survey by Finances Online found that the most critical inventory management practices for companies were forecasting (61.3%), warehouse management (50%), logistics (46.8%), and back-end technology (32.3%). For example, the WMS may not share data with the LMS or the TMS. Delays in communications with customers. .
As global trade intensifies, so do the risks associated with cyber breaches, fraud and limited visibility for shippers to track and trace international shipments across the end-to-end supply chain. However, new auto-identification technology can trace shipments, despite the mode of transit. Digitise or Die!”
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