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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.” This bring concerns for transportation costs as we see as the #2 area of importance for sourcing.
The source of the content is research. In 2016, 45% of companies plan to increase technology spending. The answer is unknown; but what is for sure, the market is going to be far more interesting in 2016. How do you see 2016? Annually we invest 22% of revenues in building content. What do you think?
This morning, we announced the Supply Chains to Admire Winners and Finalists for 2016. The source data for the analysis is public reporting of balance sheets and income statements. Five months of analysis. Lots of heated debates. It is now over. Why do we do it? For details check out the full report on Supply Chain Insights.
We have already covered the top 6 trends for 2016 in manufacturing. 2016 Supply Chain Trends: The First 7 of 12. 2016 Supply Chain Trends: The First 7 of 12. Today we will begin our two part series covering the 2016 supply chain trends we expect to see come to fruition in the next year.
Yesterday we began our two part series on 2016 supply chain trends that will drive supply chain management into the future. If you missed the first post, we encourage you to give it a read by visiting the first seven 2016 supply chain trends post here. . Supply Chain Trends 2016: 5 Additional More Areas of Focus.
As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. The Role of Robotics in the list of manufacturing trends in 2016 cannot be understated or ignored. percent annual growth.
The discipline, first defined in 1982, includes source, make, deliver, and planning functions. For comparison, JDA had $2B in debt with a minority investment by Blackstone Partners in 2016. Elemica was acquired by Thoma Bravo, a leading private equity investment firm, in 2016. The supply chain career is new. Evolution is messy.
Source: J.P. I decided to take a look at quarterly changes in worldwide merchandise export volumes from 2016 to 2023. Morgan Global Manufacturing PMI compiles data from S&P Global and other sources from countries across the globe and weighs the countries based on annual manufacturing value added.
This morning we announced the Supply Chains to Admire Winners and Finalists for 2016. The source data for the analysis is public reporting of balance sheets and income statements. Five months of analysis. Lots of heated debates. It is now over. Why do we do it? For details check out the full report on Supply Chain Insights.
Founded in 2016, and located in Fort Wayne, IN, Princeton TMX provides an intuitive user experience, configured to meet specific business requirements and streamline, automate, and optimize all modes of transportation. Automated Freight Procurement & Sourcing: Efficiently match loads with carriers for the best available rates.
In 2016, we finished a study on continuous improvement. The data sourced from Y charts was charted by Regina Denman and shared with the statistics department at Georgia Tech. When I started this research project, I was busy. The survey was one of many, and I found the project relatively nondescript, bordering on boring.
Media sources are filled with prognostication. The Freightos Baltic Index: Global Container Freight Index shows that rates over the last six months are in-line with the historic average between 2016 and 2020. The end of the calendar year is sure to bring about predictions about the year ahead.
The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. For Maersk, June of 2016 was the breaking point. After a rough 2015, the first half of 2016 was no different. The Post-2016 Strategy: End-to-end Shipping. Driving the Maersk Shift.
Launched by the Saudi government in 2016, the Saudi Vision 2030 Program is a sweeping reform initiative with the aim of diversifying the country’s economy and reducing its reliance on oil production. However, implementing category strategies for successful sourcing and supplier management can be challenging without the right tools.
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). For example, Supply & Chain Executive reported that there were 260 major natural disasters in 2016 that resulted in an economic loss of $211 billion.
During the period of 2016-2020, we hosted quarterly events, and monthly calls, to encourage inter-operability testing between network providers and the building of open canonicals. The start of the Network of Networks Share Group April 2016 The group did make some progress. I feel the pain. Technology Evolution.
As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.
In 2016, that number had plummeted to 24 years. Sourcing with Big Data. Walter Charles’s philosophy on the modern state of sourcing is that it is artificially limited by the tools that teams are using. The traditional three bids and a buy model is a product of software constraints, rather than the ideal method of sourcing.
But in 2016, Philip Morris International decided to change the course of its history by leading a transformation in the tobacco industry to create a smoke-free future based on products, which while not risk-free—are a better choice for adult smokers than continuing to smoke. It was predictable.
August 2016 Freight Transportation Services Index (TSI). One of my predictions for 2016 was that we would see increased innovation to simplify and expedite trading partner (B2B) connectivity, which is at the heart of what Appterra does, a company Descartes acquired this week for $5.8 Looming digital regulation has U.S.
trillion in 2016, or a cost of $10,348 per person. The first value is the average for the period of 2010-2016 while the second number shows the average change comparing 2016 to 2010. For example, for the period of 2010-2016, pharmaceutical company margins averaged 22%. Source: CNN, [link]. Today, it is 17.9%.
After slime-making became an Instagram fad in 2016, Elmer’s Glue sales doubled. Thanks to demand planning innovations, supply chain planners are detecting potential demand spikes before they become global phenomena – even when that data comes from outside sources, like TikTok or Google Trends.
Therefore, a company like BASF with a mature supply chain ranks 25 out of 30 for the post-recession period of 2010-2016. Orbit Chart of Dow Chemical and BASF for the Period of 2006-2016 and Performance Data for the Chemical Industry. Performance Data for the Chemical Industry for 2006-2016. I find the discussion stimulating.
This tech-savvy group can be a great source of new ideas and innovative solutions for managing the supply chain of the future. Source: SCM World. Deloitte’s 2016 survey is also telling: of the workers who want to leave their jobs within the next two years, more than 70% cite a lack of leadership development.
Between 2015 and 2016, earthquakes in Japan and explosions at a container storage station in China affected parts of the company’s supply chain. A factory that was the sole source of one of Keysight Technologies’ products had been damaged in the blaze. For Keysight Technologies, this isn’t a hypothetical scenario.
In 2016 PWC introduced an Online Self-Assessment tool for supply chain digital maturity. Source: Schumacher et al. Supply chain digital readiness and maturity models. Several analytic tools to evaluate baseline supply chain management structures are available to support maturity assessments.
In 2016, total revenues for American Software were $113.9M. The American Software company in 2016 invested 9.9% The American Software company in 2016 invested 9.9% A significant source of revenue for the company is maintenance renewals. Adapachain, 2016, integration, price undisclosed.
Mostly, manufacturers demand technologies that can boost their output without causing an additional strain on resources, and the final five technologies changing manufacturing in 2016 did just that. The annual growth rate for machine learning and artificial intelligence grew more than 500 percent from 2013 through 2016. Industry 4.0
There’s unprecedented volumes of global shipments , growing international trade, more flexible supply chains, and easier sourcing than ever before (Alibaba, anyone?). 2016 is indeed the year freight goes online. In many respects, this should be a good time for the logistics industry. The world runs on logistics.
Descartes’s acquisition of Datamyne in 2016 marked their initial foray into providing a broader trade solution set; a solution said that continued to help clients with trade compliance but also included more strategic trade analysis data. The solution can also improve supply chain decision making.
In 2016, this port handled 1.1 The state of Florida “requires motor fuel (1) service stations near interstate highways or evacuation routes, (2) terminals and (3) wholesalers to have transfer switches and appropriate wiring to transfer the electrical load from a utility to an alternate generated power sources in the event of a power failure.
According to the new 2016 Gartner-SC Digest Supply Chain survey, forecast accuracy and demand variability are the top barriers preventing their companies from reaching their supply chain goals, according to the highest percentage of respondents.
From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains.
Luxottica presumably uses a dual sourcing and a base-surge strategy for some eyewear models with China being their low cost far away source for base supply and Italy being the close source to meet surges in demand. The manufacturing facilities produced a combined 93 million prescription frames and sunglasses in 2016.
Additionally, they invest in technologies that combine inputs from various internal sources into the forecast. Deployed technologies are often spreadsheets and/or disparate point solutions ingesting data from unlinked sources which must be reconciled manually because the data streams do not integrate easily or automatically.
In 2016, LEGO and Old Navy chose supply chain professionals to lead their organizations. We’re wrapping up 2016 with a recap of eleven logistics technology trends that shaped the year; and will change how goods are produced, shipped and consumed in 2017. Download the full Q4 2016 LogTech report for 50+ updates. FREE DOWNLOAD.
With the advent of big data, IoT and smart machines," Gartner says "organizations need to develop the ‘subconscious’ side of supply chain planning to cope with and make sense of the proliferation of data and events.” ( Digital Business Requires Algorithmic Supply Chain Planning , Tim Payne, September 2016). Source: ToolsGroup.
2016 marched onward with a drive to improve the use of digital technology throughout the supply chain. This infographic, created by GT Nexus , also shows other ways the digital supply chain evolved in 2016. While the VR hype may seem like it only emerged for Christmas, think about one of the hottest games of 2016, Pokémon Go!
The monthly subscription option was introduced in 2016 as a way to reach low- to middle-income shoppers. Breaking it down, the three sources of the price increase appear to be 1) labor costs, 2) transportation (shipping) fees, and 3) member benefits – aka, content. Image source: Meme Creator. workers to over $18 an hour.
At the end of the presentation, I asked Allyson her perspective on open source analytics. After implementation, in 2016, no business or product owners were appointed. Separate and different projects, few companies leveraged new technologies to improve visibility for cross-functional decision-making across source, make and deliver.
Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Variability increased during the pandemic. There is no good system for visibility. Enterprise control towers operate in islands without a dial-tone to drive interoperability with and within networks.
The predictions for 2016 hinted at these trends, but recent reports suggest the need to alter the common perception of a functioning supply chain is growing stronger. More companies were taking steps before 2016 to improve collaboration across entire supply chains. Risk Management Evolved in 2016.
In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. While the practices of finance are over 200 years old, in contrast, supply chain as a cross-functional practice (the combination of make, source and deliver) was recently defined in 1982. Is talent a cost or an asset?
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