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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.” Transportation costs ranked second, and labor costs ranked third.
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.
The source of the content is research. We are also more advanced on transportation and warehouse planning than supply chain planning. 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?
Source: J.P. But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed. I decided to take a look at quarterly changes in worldwide merchandise export volumes from 2016 to 2023.
We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. We have already covered the top 6 trends for 2016 in manufacturing. 2016 Supply Chain Trends: The First 7 of 12. But, Wait.What is the Digital Supply Chain?
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.
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.
Trucker Path Joins AscendTMS™ to Offer Free Transportation Management Software (TMS) to Carriers and Freight Brokers. For more on SOLAS, read the following guest commentaries we have published in recent months: GT Nexus: Don’t Get Caught Off-Guard: Preparing for July 2016 SOLAS Shipper Mandates. Companies like XPO Logistics Inc.
What will happen in 2016? more near-shoring and larger, less frequent shipments to minimize transportation costs). How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Making supply chain and logistics predictions is like throwing darts at a moving target.
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.
“Logistics in Motion” was the theme of Descartes’ Evolution 2016 Global User & Partner Conference , and it adequately describes the dynamic nature of the logistics industry as well as the company. Enhanced transportation management for more complex planning and tendering requirements. New telematics software and hardware platforms.
May their memory continue to be a source of strength and comfort to their families and friends and us all. February 2016 Freight Transportation Services Index (TSI). Speaking of container ships, there continues to be a lot of confusion and uncertainty surrounding the new SOLAS requirements, which go into effect on July 1, 2016.
But despite the difficulty factor, let’s gaze into a crystal ball and make a few predictions about the challenges supply chain leaders should be preparing to face in 2016. In 2016, more supply chain teams will invoke scenario planning to determine what actions to take in the face of potential disruptions. Increased Disruptions.
INTTRA Collaborates with JDA Software for Streamlined Transportation Management. When it comes to executing ocean transportation shipments, using network-based solutions like INNTRA have become the standard in the industry, which is why JDA and other leading TMS vendors have partnered with INTTRA and GT Nexus for this capability.
Top Projects for 2016 Supply Chains: Transportation, Sourcing, Resilience, and Inventory Management Guest Post by Bob Trebilcock, Editorial Director, Supply Chain Management Review. So good we had to share!
Honeywell explores acquisition of JDA Software – sources (Reuters). June 2016 Freight Transportation Services Index (TSI). The post This Week in Logistics News (August 8-12, 2016) appeared first on Talking Logistics with Adrian Gonzalez. JDA Customer-Centric Focus Yields Record Growth in Software Revenue.
Background on Ocean Transport. Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Logink, funded by the Ministry of Transport of the People’s Republic of China, is designed to provide visibility information.
Ryder Reports Second Quarter 2016 Results. As reported by TechCrunch : During the 7-Eleven delivery, which took place in Reno, Nevada on July 10th, [drone delibery service provider] Flirtey successfully transported: Slurpees, a chicken sandwich, donuts, hot coffee and candy to the home of the family who placed the order. Finally, C.H.
Hyperloop Transportation Technologies Begins Construction Process of First Full-Scale Passenger System. In recent years, Uber has had mixed results when it tried its hand at local logistics, transporting everything from designer suits in New York to toothpaste in Washington, D.C. Well, Hyperloop Transportation Technologies, Inc.
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.
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.
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.
Two of my supply chain and logistics predictions for 2016 were that companies will start focusing more on improving their workforce planning capabilities and that blockchain technology will make its debut in supply chain management. If not, the company is setting itself up for increased costs and service failures.
After receiving the package, the delivery receptacle transports the package to a secure location, such as into a garage. This news underscores one of my supply chain and logistics predictions for 2016 : the increased use and importance of APIs and web services in facilitating B2B integration and processes.
The monthly subscription option was introduced in 2016 as a way to reach low- to middle-income shoppers. In its official earnings release , Amazon Prime’s vice president Jamil Ghani cited “the continued expansion of Prime member benefits as well as the rise in wages and transportation costs” as the reason for the price increase.
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.
Amazon’s Prime membership has been available in India since 2016. In September 2022, Macy’s rolled out its first-ever wood-sourcing policy for its furniture sales after more than 150 years in business. It requires the use of responsibly sourced wood or recycled or reclaimed materials. And now on to this week’s logistics news.
Futuristic road transportation technology with digital data transfer graphic showing concept of traffic big data analytic and internet of things. The transport and logistics industry, has seen several changes in business models in the last few years. Source: Schumacher et al. Supply chain digital readiness and maturity models.
On September 3, 2016 China and the US agreed to ratify the Paris Agreement on climate change. Outside of the Paris Agreement, the European Union (EU) has a goal of reducing greenhouse gas emissions from transport by around 60 percent below 1990 levels by 2050. Corporate Responsibility.
Quickly moving towards his true passion of operations, Jeff spent 2006-2016 in various roles with the nation’s largest building products Distributor, BlueLinx. In 2016, Jeff partnered with Franklin Young to purchase PTI Security, a leader in Physical Access Control and with support from Source Capital, an Atlanta based Private Equity firm.
From 2011-2016, he worked for DuPont Pioneer as senior manager of logistics and contracting. Paul joined the Ruan team in 2016 as vice president of logistics, leading our fastest growing service segment and a team of more than 100 employees in managed transportation and brokerage. About Ruan. that manage their logistics.
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.
Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. In 2016, this port handled 1.1 states, obvious disruptions to supply chains and supply chain risk management were a given. These ports accounted for 18.3% container import shipments and 49.8% of total U.S.
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?”
According to the press release: The new Matternet M2 drone is completely autonomous [and] can transport up to 2 kilograms (4.4 As depicted in the graphic below, LogFire will become part of the Oracle SCM Cloud offering, coupled with the company’s transportation management system (TMS) and global trade management (GTM) solution.
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
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!
2016 is shaping up to be the ‘Year of the TMS’ for food shippers – organizations involved in the production, processing, sales, delivery and purveying of food and beverages. The post FSMA Rules Make 2016 ‘Year of the TMS’ for Food Shippers appeared first on UltraShipTMS.
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.
The development and deployment of autonomous vehicles, machine-to-machine communication abilities and preventative maintenance could all team up to result in even greater savings in 2016, which will further increase investments for the Industrial Internet of Things. Source Forbes Magazine). Prevention of Out-of-Stock Issues.
Here’s what ATA Chief Economist Bob Costello had to say: “Clearly, 2016 started soft for truck tonnage. There was a deceleration in freight volumes during the second half of 2015 which continued into the first month of 2016. We do not expect capacity to tighten in 2016 unless the economy regains steam.
The Collaborator has been reviewing respected sources of industry analysis to gain perspective on the trends being predicted to materialize in supply chain logistics for 2016. Gartner suggests the growing emphasis on wringing efficiencies from the supply chain will drive the adoption of more complete, single-source solutions.
The sky and what’s beyond, an endless source of creativity and imagination for kids and adults alike. The Colorado Transportation Department and infrastructure developer Aecom Inc. Then again, gazing at the stars and planets and wondering what’s out there is an ageless human tradition (maybe for other animals too).
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