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Joe Lynch and Steve Elwell discuss 3 emerging supply chain trends. Key Takeaways: 3 Emerging Supply Chain Trends. In this podcast, Joe and Steve discuss 3 emerging supply chain trends. Trend #1: China represent a higher supply chain risk. Trend #2: Near sourcing and shorter supply chains. About Steve Elwell.
3 Emerging Supply Chain Trends with Steve Elwell. Joe Lynch and Steve Elwell discuss 3 emerging supply chain trends. Key Takeaways: 3 Emerging Supply Chain Trends. In this podcast, Joe and Steve discuss 3 emerging supply chain trends. Trend #1: China represent a higher supply chain risk. About Steve Elwell.
Shippers, brokers, carriers, TMSs, and industry partners rely on Farelanes for real-time market price indices for over 37,000 primary lanes and market data trends and insights, based on more than 20 billion in paid freight invoice market transactions. Founded in 2023, Farelanes is headquartered in Fort Worth, Texas.
Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. Let’s dive into the latest manufacturing trends. WHAT ARE THE LATEST TRENDS IN MANUFACTURING? Now, increasing output isn’t a new trend in manufacturing. DIVERSIFYING WORKFORCE.
Speaker: Jit Hinchman, Founder & President at Supply Chain Adviser™ and Sustainable Supply Chain Global Ambassador
investors believe that companies with strong Environmental, Social, and Governance (ESG) practices will be more profitable. In this webinar, we will discuss; The latest sustainability trends & current states around the world. 86% of the U.S. How do organizations generate value from sustainability programs?
Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. Let’s dive into the latest manufacturing trends. WHAT ARE THE LATEST TRENDS IN MANUFACTURING? Diversifying the workforce is a trend that goes in hand with employee recruiting.
Under his leadership, MIT CTL has launched many educational, research, and industry/government outreach programs, including the MIT Master of Engineering in Logistics program in 1998, the MIT Master of Applied Sciences in Supply Chain Management, and the MIT on-line offering, MITx MicroMasters program in supply chain management.
Prior to her time at USDOT, Reinke spent 16 years at CSX Corporation in their Federal Affairs office, ultimately serving as the Vice President – Government Affairs, overseeing the Federal, State Government and Community Affairs Departments. Features 21 showcase presentations with innovations that will advance the industry.
Regardless, manufacturers actively seek ways to improve their environmental, social, and governance (ESG) scores by reducing their holistic carbon footprint to attract/retain investors, customers, and employees. In effect, government/customers/investors are calling the energy sector to dramatically reduce its carbon intensity.
In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. TRENDS IN THE FOOD AND BEVERAGE INDUSTRY. One of the well-known trends in the food and beverage industry is the continued growth of cold chains. This makes sustainability one of the top trends in the food and beverage industry.
Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner?
We can’t predict when joggers will go out of style (never, we hope) but we are pretty good at predicting ecommerce trends. Here are a few of the trends we think are going to be big in 2024. Investors and shoppers vote with their dollars, driving preferences for ESG (environmental, social and governance) companies and products.
Within the project cargo sector, there is a growing trend in infrastructure development investments that are driving the demand for project cargo services. There are also government investments steering heavily towards the transportation, energy, and manufacturing sectors. All these areas can cut both time and labor costs.
Summary: Supply Chain 2030 In this podcast, Joe Lynch and Ron Crabtree delve into the critical challenges and trends shaping the future of the supply chain industry. They’ll diagnose your problems and get you back on track, fast.
Government and Private-Sector Regulations and Incentives Will Increase in 2023 In addition to technological advancements, 2023 may see a number of new regulations and incentives that will encourage companies to reduce their emissions. That trend will continue throughout the year.
While there will be many innovations in 2023, here are eight trends for manufacturers to focus on when planning their digital future. In 2023, companies will use the environmental, social, and governance (ESG) reporting capabilities in their ERP system to provide accurate, timely, and verifiable reports for stakeholders.
There is a rising trend towards incorporating sustainability in supply chains growth strategies, particularly as economies transition towards a post-pandemic outlook. In fact, 64% of CFOs believe that an Environmental, Social, and Governance (ESG) program can improve their company’s financial performance.
In our recent GlobalTranz 2022 Logistics and Supply Chain Trends and Outlook white paper, our experts review some of the factors that will shape logistics in the coming year and beyond. It covers macro trends in the LTL, Truckload and Managed Transportation Service sectors and the lingering effects of the COVID-19 pandemic.
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. would save 3.2 According to a recent U.S.
As a result of the delays, the Panama Canal Authority (ACP) – which governs the canal and its operations – has started to impose limits and restrictions on how many vessels can traverse the canal in a given amount of time. There are now long waits for ships that want to pass through the Panama Canal. depending on local conditions.
Tom Curee and Joe Lynch discuss TIA Technovations, a logistics and transportation conference designed to explore technology trends and innovation driven by logistics industry leaders. Tom is the Founder and President of Qued , a freight technology company focused on workflow automation, and the TIA Technology Committee Chairman.
Supply chain technology is in a state of constant advancement, especially this year, given the circumstances—here are four of the biggest tech trends in 2020. Gartner recently identified 8 technology trends for supply chains in 2020. Supply Chain Governance and Security. Hyperautomation.
Intro to 2020 Supply Chain Management Trends. Throughout the last decade, the main trends were digitization and globalization. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. So which of the new trends will you be embracing in the new year?
Fetch.ai, OpenMined) analyze warehouse trends to optimize inventory distribution. Decentralized Autonomous Organizations (DAOs): Warehouses can be managed by self-governing smart contract rules, reducing administrative overhead. Regulatory Uncertainty: Governments are still formulating laws for blockchain-based contracts.
It’s probably fair to say that, at that time, few governments were seriously considering the possibility of a pandemic on the scale that now exists. Air Freight Transportation Trends 2020. Postponing maintenance (a worrying trend in terms of aviation safety). Prognosis: How Might Rates Trend Going Forward?
However, please note that not all of the increase occurred due to pure production in Vietnam, but due to other factors, such as attempts to change the country of origin in order to beat tariffs for which Vietnam customs and government implemented very strict rules. Back in the U.S., There was a 1.5% will not help this overall situation.
Companies can tap into this trend by introducing carbon-neutral delivery options or product lines that prioritize environmentally responsible materials and practices. Partnering with NGOs, governments, and industry peers allows organizations to share resources, reduce costs, and amplify the impact of sustainability initiatives.
Government regulations like the Sarbanes-Oxley Act of 2002 (SOX) put additional strain on companies to maintain stringent data and financial controls, and often include provisions on how data is maintained by outside vendors and service providers. As a result, data governance has become an essential part of the logistics industry.
Tracing the initial COVID-19 impacts back to March, Kumar says the earliest flight restrictions were driven by government mandates and effectively removed airfreight capacity from the market. As time has progressed, governments, hospitals, and other entities have had time to plan out their PPE needs,” Kumar says. “As
government and some trucking leaders pushed more regional, shorter hauls, the pandemic's shown the need for long-haul operators hasn't gone the way of the dinosaur. Length-of-haul trends/preferences present a mixed picture on the ground. While big tech.
Between the government mindlessly trying to “slow” the growth of AI and the media trying to scare you that AI is coming for your job, the public has been totally confused. Misinformation, Confusion, and Fear Mongering characterize the general state of public information about Artificial Intelligence (AI)!
Mark Morley, Senior Director, Product Marketing at OpenText , provides his supply chain trend forecast for the year ahead. 2024 will see a renewed interest in digital twins leveraging the digital passport to drive sustainability projects, especially those mandated by government regulations.
Supply chains are in the news, on governments’ agendas, and in the spotlight. The top three trends, innovations, and developments anticipated to impact supply chains by 2027 are: Big data and advanced analytics —For the third year in a row, this trend is in the top spot. This is an important time for the supply chain profession.
Many governments are incentivising companies to invest in new manufacturing technologies, and the manufacturing sector in Asia has undergone significant change in recent years. Significant trends are emerging that manufacturers should be watching. The post 5 Key Trends in 2024 for Asian Manufacturers appeared first on SYSPRO Blog.
The government is actively expanding and investing in port infrastructure to attract more container traffic. Indian unions are mirroring a global trend. Reports indicate that overall cargo volume has increased by over four percent in 2024, with container traffic seeing nearly a ten percent rise. In the U.S.,
ESG stands for environmental, social, and governance, and is a framework that evaluates a company’s performance and ethical behavior. It’s a set of practices that organizations use to limit negative impacts or increase positive impacts on the environment, society, and governance bodies.
Various trends influence the Geospatial Information Systems market: the adoption of digital technologies, out-of-the-box GIS offerings, cloud and mobile deployments, and location-based analytics. By visualizing traffic data on maps, it’s possible to identify trends, peak traffic times, and areas of congestion.
Organizations will exploit the government incentives and avoid penalties: Governments around the globe are looking to secure the supply chains for their citizens. All in all, several of the trends that have been at play will be accelerated during 2022 and beyond. We are indeed living in interesting times!
Overdrive specializes in trucking needs, offering the latest trends and statistics on the trucking industry, new technologies, regulations and more. The More Than Shipping blog is a comprehensive resource for shipping trends, supply chain planning, project and specialized cargo and more. More Than Shipping. FreightWaves. DC Velocity.
Creating working groups with industry and government representatives may be one way to achieve these standards. Unified Regulatory Standards Developing international standards for satellite licensing, collision prevention, and debris management could reduce regulatory complexity.
Image source: Public Domain Pictures | The Growth of Cross-Border E-Commerce: Trends and Predictions Over the past few decades, cross-border e-commerce has grown tremendously. However, the increasing potential and benefits of international e-commerce have prompted governments and corporations to look for answers to these difficulties.
These seasonal trends can significantly impact freight rates. Regulatory Factors : Government regulations, such as environmental standards and road safety rules, can also influence costs. Global Economic Trends Impacting Freight Shipping Freight shipping rates are closely tied to global economic trends.
It is important for haulage leaders to keep their finger on the pulse of industry trends and changes. Major recent investments to transform truck parks include €750 million from the IRU advocacy and £16 million from the UK government. . • AI criminal pattern predictions, to anticipate crime.
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