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Supply Chain & Logistics News December 2nd – December 5th Experts claim that Cyber Monday the Monday following Thanksgiving is one of the busiest days for deliveries followed by the Mondays leading up to Christmas. In 2022, the Postal Service processed more than 11.7 billion mailpieces and packages during the holiday season.
BlackBerry Limited (NYSE: BB; TSX: BB) has revealed new research exposing the magnitude of software supply chain cybersecurity vulnerabilities in the UK public sector. Worryingly, it took more than two in five of organisations more than a week to recover. Worryingly, it took more than two in five of organisations more than a week to recover.
Beth is the Founder and CEO of Drive My Way , a unique, personalized recruiting service that matches CDL truck drivers with available jobs based on their qualifications and personal preferences. Through its one-of-a-kind Match My Way technology, Drive My Way brings employers and CDL truck drivers together for the best possible fit.
To address these issues, companies are adopting innovative strategies, including dynamic route optimization, real-time tracking, and even leveraging emerging technologies like drones and blockchain. They play a vital role in boosting customer satisfaction and maintaining a competitive edge in the logistics market.
Recruitment AI technology uncovers the most qualified candidates. This technology automates recruiting routines and facilitates natural conversations, resulting in higher productivity and a better candidate experience. Download the eBook to learn 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. However, the study points out dissatisfaction with outdated technology, which impacts productivity. billion annually.
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.”
The transportation, logistics, and energy storage sectors are undergoing profound transformation, driven by rapid technological advancements, evolving consumer expectations, and the global pursuit of sustainability. For instance, global EV adoption is projected to reach 40% of total vehicle sales by 2030, according to BloombergNEF.
In an era where convenience often dictates consumer choices, delivery services have evolved into a crucial component of business operations. Companies can no longer afford to lag behind in the rapidly changing landscape of logistical solutions, especially with the rise of e-commerce.
Delegate research conducted by Netradyne at the Gartner Supply Chain Planning Summit has revealed the untapped potential of artificial intelligence (AI) to boost fleet safety for greater precision and profitability in supply chain logistics and transportation. These cost savings directly impact profitability, making AI an invaluable asset.
In response to growing demands, experts consider cloud logistics as an optmization tool for the transportation supply chain industry in 2019. Technology is the source of continuous global economic and social change. Cloud Logistics in Supply Chains. 3% in 2019 to total $206.2 Optimize warehouse operations.
When my fiance heard about the price, he advised that I find a local hairdresser and set up a frequent-shopper account with them for a few months until the tool is back in stock. And pretty much everyone realized that the old technologies used in planning are not going to cut it anymore when there are so many moving parts in the game.
Ensuring global compliance with rapidly changing international regulations, tariffs, and trade agreements is a significant concern for businesses involved in cross-border logistics. According to a report by the World Bank , delays at customs due to non-compliance can increase logistics costs by as much as 10%.
Staying up-to-speed in leading technology requires time and investments. With all the current and upcoming logisticstechnology, it can be confusing for shippers to identify what will have the best impact to stay competitive now and in the future. HOW LOGISTICSTECHNOLOGY CAN HELP. WITH CAPACITY.
We have witnessed the greatest transformation to logistics and the supply chain the industry has ever seen over the past few years. We’ve seen technological enhancements in the means of visibility, tracking and tracing, and managing everything under one platform. The Change. The Acceleration or Deceleration? Conclusion.
Despite all the talk about blockchain technology, one of the preeminent challenges supply chains still face is customer service, and there are several technologies that could be the key to addressing it. Customer service is an ongoing priority in the supply chain industry. Inventory and Warehouse Management Softwares.
A look at the supply chain trends and technology that will come into play in 2018. The emergence of IoT is an amazing thing for supply chain executives – and especially exciting as the enabling technology is becoming less expensive and more readily available, meaning that deployments are possible now. The Uberization of Freight.
Earlier this year, we ran a series of articles exploring the future of logisticstechnology. Technology Trends for the Logistics Industry. The logistics industry is facing a period of intense change. The Internet of Things is the technology that drives fitness trackers, smart appliance and automated home security.
Successful procurement leaders are operating smarter by leveraging analytics and technology such as integrated suites to generate clean data (at least if they have a unified data mode) and master data management solutions for addressing issues in back end systems, cleaning and normalizing suppliers’ records, for example. Boost Your Employees.
Essentially, digital transformation is the integration of digital technology into all areas of a business. Leading companies take a strategic approach, integrating digital technology throughout their value chains. This survey-based research gathers quantitative data as well as information on practices or performance drivers.
Our recent survey showed that only 17% of organizations make it a priority to invest in innovation. The report outlines the tools with the highest transformational benefits and capabilities that are becoming standard business practices. Firefighting is the norm. It can also be challenging to decide where to invest. What to prioritize.
IBM’s rescue from the brink of collapse in the early 1990s to global technology leader today is generally credited to its leadership’s ability to pivot and make major changes to its established businesses – primarily from a focus on hardware to software, cloud computing and services. . DB Schenker, Hapag-Lloyd and C.
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. Q3 reveals a positive trend in anticipated revenue, with only a 4% decrease reported across all shippers surveyed. Order volume sentiment.
With the events of 2021, including the attack on the Colonial Pipeline earlier this year, the importance of supply chain cybersecurity is among the most in-demand factors driving adoption of third-party systems and resources in logistics. Intuitive Technology Suites Can Make or Break Decisions to Partner.
The frontier of AI strengths Recognizing this challenge, last fall leading academics from Harvard Business School, Wharton, MIT and the Boston Consulting Group (BCG) published an illuminating paper, which they artfully named “ Navigating the Jagged Technological Frontier.” AI is a tool in human hands.
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. It was a good mix of topics and authors, including a good number from our Logistics Viewpoints sponsors.
FedEx, for example, has been on a multiyear digital transformation journey that included cloud computing and work-from-home capabilities but also widespread sensor technology buildouts, robotics forays and continued support of blockchain technologies. It’s particularly good at same-day delivery,” Carter said.
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’.
Organizations have spent several decades trying to find software applications to provide decision-support capabilities. In most cases, there has been a succession of tools that worked in some cases but were not broadly successful. Decide on an architectural framework for managing the data, and the softwaretools that will be needed.
X, the platform formally known as Twitter, became instantly charged. So, where does AI stand among logistics professionals? Do logistics professionals see the same AI revolution that Gates does? Picture two logistics companies: one using the internet and the other not. I dove in too. This is difficult.
Surely all the technology and guardrails should prevent this type of disaster. It’s the gritty reality of logistics. Fifteen years ago, DSV’s homepage had this to say about tech: “DSV is committed to providing our customers with the best e-servicetools available in order to create visible, transparent and high-quality services.”
As a pioneer in warehouse technology and the development of solutions that empower warehouse workers, Lucas Systems recently commissioned a research study and developed the first Voice of the Warehouse Worker Insights. Workers are eager to utilize technology because they see it helping them do their jobs. Help them learn a new skill.
Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. Today’s supply chains are increasingly complex, driving logistics operations to invest billions in systems to manage all the moving parts.
Use External Benchmarking Tools. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. Internal tools have a way of making the company appear better than it truly is. This does not mean shipping a product immediately.
Technology and Manufacturing: It is a Part of the Cerasis DNA & How we Empower our Manufacturing Shippers. At Cerasis, our backbone is business process improvement through technology. Our technology department in Tulsa is comprised of several developers who solve our customers’ transportation management needs.
In particular, Ferguson’s supply chain is built for speed and to provide high service levels. Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. The survey focuses on four engagement questions on advocacy, pride, satisfaction and commitment.
Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. According to a survey by ARC Advisory Group, only 10% of industrial companies are ready to apply artificial intelligence/machine learning. Celanese chose the Data Fusion platform from Cognite as their industrial data platform.
A recent online survey conducted b y MIT’s Center for Transportation & Logistics aimed to understand how companies are reacting to the Coronavirus outbreak. At the same time, businesses must make faster predictions by leveraging cloud platforms and simulat ing their physical supply chain. .
According to the annual survey released by the National Retail Federation’s (NRF) and Prosper Insights & Analytics, consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 The survey indicates that 81 percent of Americans will celebrate the holiday and spend an average of $192.01, the highest figure on record.
Choosing Your Ecommerce Platform What is an Ecommerce Store? Orders are transmitted to the seller’s fulfillment center or a third-party logistics (3PL) provider, where the physical products are picked, packed and shipped to the customer. Open-source shopping platforms start free and are somewhat customizable.
DIFFICULTY FINDING LABOR DIVERSIFYING WORKFORCE TECHNOLOGY IS TAKING OVER INCREASING CYBERSECURITY CARBON NEUTRALITY BUILDING RESILIENT SUPPLY CHAINS DIFFICULTY FINDING LABOR Manufacturers are still struggling to find labor, with a recent Deloitte survey estimating that the manufacturing sector will be short 2.1 Industry 4.0
According to a global survey of 600 supply chain management executives conducted by Blue Yonder, almost half of the participants (48 percent) invested capital in this area. “Companies have many options for making their logistics processes greener. . “Companies have many options for making their logistics processes greener.
A crowd of nearly 37,000 people flocked to the Javits Center in New York City to see what new solutions and innovations software suppliers had in store for 2023 and beyond. Throughout the conference I met with a number of software and hardware suppliers to get a glimpse of what they were showcasing. The big piece here was the OMS.
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. Even with that in mind, 85% of those surveyed have a positive view of how their revenue will look in the next year.
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