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As customers increasingly demand rapid and reliable delivery, optimizing this final leg of transportation becomes essential for businesses aiming to enhance customer satisfaction and operational efficiency. Key Benefits of Last-Mile Delivery Optimization: Reduction in operational costs and fuel consumption.
Rik is Senior Vice President of Sales at Körber Business Area Supply Chain and responsible for sales and alliances leadership across the Americas for Körber’s supply chain software portfolio. The Business Area Supply Chain is part of the global technology group Körber. Conquer supply chain complexity – with Körber.
OneRail Recognized in 2021 Gartner® Market Guide for VRS and Last Mile Technologies. Original article: OneRail Recognized in 2021 Gartner® Market Guide for VRS and Last Mile Technologies. Looking to take a platform approach to vehicle routing and scheduling, but unsure where to start? POSTED ON FEBRUARY 22, 2022.
Lucas Systems Offers Warehouse Optimization Warehouse management systems, once known as supply chain execution systems, have evolved significantly. They have transitioned from mere work executors to planning solutions with optimization capabilities. Optimization is no longer limited to WMS software.
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!
As businesses grow or enter new markets, they need the ability to redeploy or adapt warehouse systems to minimize downtime and reduce reconfiguration costs. Flexible warehouses are also better equipped to integrate with new technologies or processes, which ensures they remain relevant as the logistics industry evolves.
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 optimizationtechnology adjusts delivery routes based on real-time data, improving delivery times and fuel efficiency.
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% This flexibility empowers businesses to optimize logistics operations, enhance delivery precision, and maintain control over carrier relationships. Blynsy Publishes Map of U.S.
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.
As we enter the second half of 2021, there are abundant signs of improvement and optimization. At the beginning of 2021, ARC Advisory Group, in partnership with DC Velocity magazine, anticipated factors such as a subsequent surge when we crafted our survey of warehouse practitioners. Warehouse Technology Investment Perspectives.
Transportation Technology Maturity Curve This is the time of year when industry analysts and technology pundits make predictions about the future. However, their predictions are based, in part, on a survey of more than 250 global shippers and logistic service providers. Implementing new systems is not easy.
Be a catalyst for change – take part in Körber’s new Supply Chain SoftwareSurvey. Share your insights on emerging trends, AI integration and sustainability initiatives in Körber’s Supply Chain SoftwareSurvey – and set the future direction of logistics. Curious about what’s next for the supply chain industry?
According to the recent SYSPRO global research survey, an enormous 82 percent of Fabricated Metal Manufacturers experienced supply chain and material handling disruptions over the past twelve months. One of the main technology disruptors is cloud infrastructure and supporting tools. A cloud ERP system can be such a platform.
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.
Delivery as a Service encompasses a range of technologies and systems designed to enhance the logistics of transporting goods. With advancements in technology and shifts in consumer expectations, understanding the intricacies of DaaS has never been more critical for companies aiming to stay competitive.
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.
Robotic Process Automation (RPA) is an effective solution that helps improve efficiencies, reduce costs and optimize productivity. In a recent survey on RPA adoption, 17% of supply chain professionals believe RPA will be implemented in their organization’s by 2020. Robotic Process Automation: Supply Chain Optimization.
The integration of drone technology holds the potential to revolutionize how businesses approach pest management, presenting both opportunities and considerations. However, the adoption of this consumer-driven technology faces hurdles, including technical limitations and regulatory concerns that must be navigated.
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.
Artificial intelligence (AI) and business intelligence (BI) tools are transforming how these businesses track, analyze and act on data. By leveraging these technologies, businesses can identify problems early, benchmark their performance, and make data-driven decisions that improve outcomes.
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. Agentic AI involves creating a system of interacting agents, each trained on a specific task or dataset.
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. UPS, for instance, implemented AI-driven route optimization, cutting fuel consumption by 10 million gallons annually.
Artificial Intelligence is not a new technology, but widespread adoption and use of AI and machine learning in supply chain is still in its infancy. There are many forms of AI, but for purposes of this article I’m referring to systems that use machine learning approaches to solve specific problems.
Staying up-to-speed in leading technology requires time and investments. With all the current and upcoming logistics technology, it can be confusing for shippers to identify what will have the best impact to stay competitive now and in the future. HOW LOGISTICS TECHNOLOGY CAN HELP. WITH CAPACITY. WITH RISK MANAGEMENT.
There’s a new reason to optimize DC operations, and it’s bigger than the old reasons of productivity and efficiency gains. More and more companies are realizing that investing in their DCs and powering them with modern and sophisticated technologies like AI can lead to competitive advantages for the overall company.
In a recent survey , 40% of respondents mentioned rising inventory costs as a top business risk. Keeping the right level of inventory requires a technique called inventory optimization. Benefits of an inventory management system. Inventory optimization. The search for optimal inventory levels is therefore a key objective.
ARC has recently completed a study on the transportation management system integration market. We have previously done a study of transportation management system (TMS) market and transportation execution and visibility system markets , and interviewed TMS vendors. Finally, we have surveyed and interviewed TMS customers.
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.
As per research by supply chain dive , 59% of retail participants that were surveyed told that they would hike pricing to mitigate impact from supply chain disruptions and 36% said they were taking a margin hit to keep price levels. Read also: Why Do Businesses Need Route Optimization? The answer lies in technology.
A recent online survey conducted b y MIT’s Center for Transportation & Logistics aimed to understand how companies are reacting to the Coronavirus outbreak. Natural or man-made disasters lead to disruptions that affect the entire distribution system and force reactive decision making. – Tweet this.
A survey SYSPRO fielded during the early days of the pandemic showed that 47% of businesses were unable to function because operational staff completely relied on on-premises resources, and 37% were unable to provide the remote work capabilities they required. A year later we asked manufacturing CFOs how their strategies had evolved.
S till, most companies are “not very far” when it comes to implementing analytics and garnering benefits from data, as a recent survey from CSCMP suggests. As the graph below shows, lack of talent , investment in hardware/software and siloed data are among the most common challenges. .
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. Through AI, companies will be able to optimize their chains from start to finish. Artificial Intelligence (AI).
2018 is looking good according to a recent survey of manufacturers. The 2018 Leading Edge Alliance (LEA) National Manufacturing Outlook Survey found that manufacturers have a more positive outlook about the economy for 2018 than in 2017. 81% of manufacturers believe their revenue will increase in 2018.
Gig workers access job opportunities through online platforms or mobile apps that connect them with employers or clients seeking short-term labor. They can choose from a variety of gigs or tasks available on these platforms and apply for the ones that match their skills and preferences. What’s driving the move to gig work?
To build and customize reports many teams use Excel, the accountant’s favorite tool. With automatic updates to your latest ERP system data, your reports are always accurate and current, reducing errors. The post Ditching the data dump: How to optimize reporting processes appeared first on SYSPRO Blog.
Poor data quality: 53% of respondents in a Supply Chain Insights survey cited this as a top challenge. . Lengthy time to plan/execute: a quarter of professionals surveyed complain that it takes too long to execute on network design efforts. . Not all tools are equally data- hungry and some are easier to use than others.
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.
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. Before 2023, AI involved two technologies. GenAI systems are trained on massive amounts of text data to understand and generate human-like language.
According to a survey of 250 global companies by the consulting firm McKinsey, 91% of shippers and 75% of logistics service providers have implemented a warehouse management system. When new industrial technology emerges, it is large companies that implement them first. Fleet Feet is a smaller company.
As costs pressures build up, organizations need to get creative in increasing the focus on cost optimization while ensuring resilience and business continuity. In a soon-to-be-published survey conducted by Coupa Software, European supply chain leaders cited the ongoing geopolitical conflict in Ukraine as a major concern.
The world’s first in-water remote ship surveys using a remotely operated vehicle (ROV) have been completed by leading classification society, DNV GL. The latest in-water survey of this kind was performed earlier in July on another ASA Wilson-managed vessel in Bergen, Norway.
As recently as 2021, survey data reveals that 98% of manufacturers have, are, or are planning to implement an eCommerce strategy. Transitioning to a digital commerce platform that integrates with your ERP can enable you to meet customers’ self-service requirements, unlock new revenue sources, and deepen customer engagement and loyalty.
The solutions to supply chain problems boil down to the right combination of three factors—technology, data and processes. It’s true that the major issues in the supply chain—which were confirmed through MH&L ’s workforce survey process and published in an earlier article —are nuanced. Trouble finding skilled labor”.
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