Remove 2026 Remove Analysis Remove Examples Remove Transportation
article thumbnail

Air Cargo is Gaining Momentum in 2023

American Global Logistics

Air cargo refers to the transportation of goods via an air carrier, which may be charter or commercial. This mode of transportation is vital for the fast delivery of goods worldwide. With that, let’s start with a brief industry analysis. 2023 Air Freight Industry Analysis Air freight is a vital part of the global economy.

Cargo 52
article thumbnail

Reimagining IBP in the Age of AI

Supply Chain Trend

Specifically for supply chain, Gartner estimates are that short term planning decisions will be automated for 65% in 2026. Technology can have the planning processes automated and the digitize the decisions trees, data capturing, analysis, and trade-offs that support them. Some go as far as 80%.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

For over a century, we have seen increasing automation in supply chain, especially in manufacturing and the pace has quickened in the past decade with robotization in production, warehousing, and transport. AI has been estimated to displace 38% of transport jobs and 30% of manufacturing jobs (Ghosh, 2018). S&OE ENVIRONMENT.

article thumbnail

The Biggest Manufacturing Industry Trends in 2022

Unleashed

Investing in cloud computing, 5G capability, AI and advanced data analysis will enable manufacturers to set themselves up for the future. According to this Deloitte report, transportation challenges are likely to continue through 2022 , and new strategies will need to be adopted to lessen the impact. The adoption of Industry 4.0

article thumbnail

Truck Driver Shortage: Myth or Reality?

Talking Logistics

According to the American Trucking Associations, for example, there will be a shortage of 174,000 drivers by 2026 if current trends continue. The persistent issues localized in the [long-distance truckload] segment are not visible in the aggregate data and require a distinct analysis. However, a new study conducted by Stephen V.

Monaco 105
article thumbnail

3 ways retail warehousing impacts profitability

6 River Systems

According to Forbes , an analysis from investment bank UBS found that with every 1% increase in eCommerce penetration (currently at 16% of total retail market share), an estimated 8,000 to 8,500 stores will need to close. Companies strive to balance transportation costs with the costs of real estate and labor.

article thumbnail

Megatrends (Possibly) Shaping Supply Chain Trends: Technology

The Logistics & Supply Chain Management Society

There are examples of all of these starting to appear, but mainstream adoption is currently low. Almost 40% of Asia/Pacific manufacturers are still using spreadsheets to manage transportation, warehouses, and suppliers. For example, Penfolds winery has launched a bottling of rare wines available as a non-fungible token (NFT) purchase.