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Let’s take a look at four reasons why digital transformation is an imperative in 2017 for industrial manufacturers: 1. Part of a digital transformation needs to be creating processes and empowering employees to transform the data coming from various sources into actionable insights. Changing Consumer Expectations. Drive for Efficiency.
Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” Transportation costs ranked second, and labor costs ranked third.
Real-World Examples Maersk (2017): A ransomware attack crippled IT systems across its global logistics network. Companies with dual sourcing and buffer inventory got back on track faster. One is about reacting quickly. The other is about recovering well. What Disrupts Supply Chains Today?
Pinnacle Propane implemented demand management, replenishment, and order promising solutions from John Galt Solutions with the goal of improving service – reducing what they call “out of gases” – while reducing transportation costs. In 2017, Pinnacle Propane was acquired by a Dutch company, SHV Energy. This is also rare.
DC Velocity and Descartes have conducted a transportation benchmark study for the last two years to help transportation professionals understand what is driving the market, and how the strategy and tactics of top performers differ from the rest of the pack. Figure 1: Transportation IT Spend Change Next 2 Years (Source: Descartes).
Which is why a drone took flight from the stage during Ryan’s keynote address at the Descartes Evolution 2017 Conference a couple of weeks ago and broadcast real-time video of the audience as it flew across the front of the hall. Descartes (@DescartesSG) March 28, 2017. million in FY 2017 (net income has grown from $12.0
Mark is the Chief Executive Officer off Princeton TMX , a SaaS-based transportation management system (TMS). About Mark McEntire Mark McEntire is the Chief Executive Officer at Princeton TMX, a SaaS-based transportation management system (TMS). Hunt Transport, Inc. in Transportation and Logistics from Arkansas State University.
MacroPoint Announces Platform Integration with JDA Transportation Management Solution. Manhattan Associates Reports First Quarter 2017 Performance. Source: Amazon patent. On the software front, just when you thought “Does the market need another transportation management system (TMS)?” along comes Haven TMS.
Many transportation and logistics software companies were launched in the late 1990s and early 2000s, during the height of the dotcom era, but very few of them survive today — they either went bankrupt or were acquired by others. When asked, “How is transportation viewed by upper management at your company?”
LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. Manhattan Transportation Management Enhancements Enable the Acquisition and Supervision of Additional Shipment Capacity. Manhattan Transportation Management Enhancements Enable the Acquisition and Supervision of Additional Shipment Capacity.
The largest source of carbon dioxide emissions in the United States currently comes from transportation, surpassing electricity emissions in 2017 for the first time since 1978.
With an educational and professional background in finance, Shannon joined the logistics industry in 2012 with Knight Transportation out of Phoenix, Arizona. About FreightVana FreightVana is a Digital Logistics Partner powered by technology and built on a foundation of trust and transparency.
8 Freight Shipping Trends Shippers Must Know for 2017. With the official deadline for implementing electronic logging devices less than one year away, more freight shipping providers will be upgrading technology and systems in 2017, reports Matt Sullivan. Freight Shipping Providers Will Focus on ELD Implementation.
And this global trip isn’t just for sightseeing – leading companies find that a diversified sourcing base and far-flung manufacturing can help cut production costs, increasing the bottom line. However, the biggest pain point for these global supply chains is the one that seems inescapable – transportation costs.
Secretary of Transportation, told CNBC on Friday morning that what the government is watching for over the course of the day, as the issue has been identified, is “the kind of ripple or cascade effects as they get everything back in their networks back to normal.” Secretary of Transportation Pete Buttigieg broke ground on a $1.6
On February 6 th , the National Transportation Safety Board released a report saying that missing bolts were the likely cause. In 2017, a billion-dollar extension contract worth $1 billion and covering 30 years was signed between Boeing and Dassault. It was a minor miracle that no one was sucked out of the plane.
Wolters Kluwer Transport Services is acquired by Castik Capital. Yamato Transport, the Yamato Holdings unit that handles the bulk of Amazon deliveries, is no longer willing to offer same-day delivery, and in some regions it has also narrowed the hours when it will make home deliveries. Source: Walmart. ACT Research: N.A.
We continue our series on the most read articles from the Cerasis blog for 2015 today by featuring any of the blogs in the transportation management or transportation categories. . Top 10 Most Read Transportation Management and Transportation Articles of 2015. We list them in order of the tenth most read to the most read.
The answers were revealed at the SummerCon 2017 conference a couple of weeks ago where LLamasoft introduced “Planning by Design” and SupplyChainPlanning.com, which the company describes as “building blocks to improve your current planning capabilities through design technology.”. Source: LLamasoft.
Since launching in 2017, Uber Freight has built one of the world’s largest digitally-enabled carrier networks and transformed entrenched practices around pricing and booking freight to reduce inefficiencies and increase opportunities for business growth and industry collaboration. Uber Freight’s blog with latest news/developments.
It didn’t take long for the recently rebranded BluJay Solutions to make its first acquisition: Blackbay , “a leading provider of mobility-enabled solutions for the transport and logistics industry.” Cargo Owners Complain of ‘Total Mess’ Shipping Goods to Asia (WSJ – sub.
2017 started right where 2016 left off: with plenty of supply chain and logistics news. Subscribers use Datamyne’s web-based solutions and business intelligence tools to augment, speed up and simplify trade data research, and to shape global marketing, prospecting, and sourcing strategies. Happy New Year! The answer is at the end.
Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. BluJay provides transportation management and managed transportation solutions. In February 2017, Koch Equity Development LLC invested $2.68
1] Inventory Management 101 – The Master Production Schedule Explained, OptiProERP Manufacturing, May 2017. DELMIA Quintiq Master Production Scheduling (MPS).
and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Dave Maddox has over 39 years of industry experience, Maddox specializes in Supply Chain & Transportation Sales, with operations management in distribution, supply chain cost improvement and transportation.
More findings on the cloud cargo transportation and warehouse management systems you may discover on the web. The cloud-based supply chain software can be customized to suit your industry, your transportation , freight-forwarding and warehousing specialty, import-export regulations. A Better Scope Management.
Our salute to the best advancements in supply chain technology, processes and labor management from 2017. And here’s to hoping that 2018 results in even more significant advancements in the state of warehousing and transportation technology. We think you’ll enjoy this year-end recap of supply chain innovations and best practices.
For example, changes in funding sources and availability for students looking to expand their career options and enter the world of supply chain management may result in a temporary decrease or increase in the number of workers interested in employment with a given supply chain entity.
But before I head out, grab your reading glasses and check out the supply chain and logistics news that caught my attention this week: SophiaTX Open Source Platform to Integrate SAP, Blockchain. Cass Truckload Linehaul Index – September 2017. Shippo raises $20 million to be the Stripe for shipping (Venture Beat).
2017 was the year that blockchain technology finally made world headlines, but it was mostly for the wrong reason. What makes Ethereum different is that it actively encourages software development teams to use its open-source protocol to design tokens that run on top of the Ethereum blockchain. Download white paper.
Last month, I attended and spoke at the Command Alkon ELEVATE 2017 conference , where I learned many things about the Heavy Building Materials (HBM) industry. The post Elevating the Heavy Building Materials Supply Chain (Takeaways from Command Alkon ELEVATE 2017 Conference) appeared first on Talking Logistics with Adrian Gonzalez.
Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy.
And here’s a flowchart that provides an example: Source: Amazon patent filing. The big hurdle, as is often the case, is not coming up with the technology (a lot of the pieces already exist), but cutting through the bureaucratic red tape and getting the funding to upgrade our highway and transportation infrastructure. Here in the U.S.,
To know the most difficult challenges as perceived by supply chain professionals, we turn to the SCM World’s 2017 Future of Supply Chain survey. Besides, these risks are much more serious (for example, there were about 134,000 reported cyber-attacks on businesses in 2017 , or almost 50 percent increase from 2016).
Target acquired Shipt in 2017 to provide the foundation of its same-day delivery. During this ongoing pandemic or other disruptions, merchants should also consider and analyze distribution point availability, shifting supplier sourcing and employee resourcing. Inventory location and availability (from warehouse management software).
Just this April, Credit Suisse reported that over 8,600 brick-and-mortar stores may shutter their doors in 2017. Look no further than 2017’s spinner craze, with over 200 million sold after their February debut. Global sourcing, importing, and sales power has shifted from large retailers to small businesses worldwide. In seconds.
Transportation is a complex system, and even minor inefficiencies can have a ripple effect. The Environmental Impact: Challenge: Transportation is a major contributor to greenhouse gas emissions and air pollution. Accessibility: Ensuring accessibility for people with disabilities creates a more inclusive transportation system.
Exclusive: Wal-Mart to tear down walls between store, online buying operations – sources (Reuters). DB Schenker Takes $25 Million Stake in Online Freight Booking Platform uShip (WSJ – sub. Amazon’s delivery drones may drop packages via parachute (CNN). Huawei and Deutsche Post DHL agree IoT partnership (Post & Parcel).
In comparison, 20% indicated the same in 2017. According to an annual survey by McKinsey & Company , 78% of respondents indicated that they use AI in at least one business function. Evolving AI According to Wood, AI is considered an umbrella term and has evolved over the years.
According to a 2017 Michigan State University Supply Chain Management study , “supply chain and product complexity possess a number of sources that vex supply chain operations…customer accommodation is the first,” including the demand for speed and visibility into shipments.
Cloud Logistics’ Second Zero Downtime Release of 2017 Marks Continued Rapid Pace of Innovation. The NaviShare platform is transportation management system agnostic. Ryder Launches NaviShare, a New Software Platform Providing Real-time Visibility, Tracking, Matching, and Sharing of Truck Capacity. ATA Truck Tonnage Index Decreased 2.5%
This involves a lot of long-haul transportation.” In one major case in 2017, the Hanjin Shipping company was declared bankrupt by South Korean courts. The data from Infor Nexus also helps the transportation teams do better carrier sourcing. Further, historically Molex had a focused sourcing strategy.
In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. However, the end of the recession and an increase in demand for transportation services did not restore the motor carrier industry to its former state.
First announced by Elon Musk in 2017, the Tesla Semi has been one of the longest-delayed products in the company’s history. As electric trucks hit the road, environmentally conscious shippers and customers are turning to electrified capacity to meet their transportation needs and achieve their sustainability commitments.
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