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The State of The Freight : Unique Challenges and Novel Solutions

Shipping and Freight Resource

2020 threw at us a potent concoction of virulent market conditions including a pandemic, skyrocketing freight rates, reduced availability of space and equipment on container ships, unprecedented demand and port congestions along with the usual documentation and visibility issues that we have been facing for years. Take the survey.

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65% of Companies Plan Supply Chain Innovation Investment

Logistics Business Magazine

The report found that 59% of companies surveyed accelerated the pace of innovation investment and deployment over the last two years. Moreover, 65% plan to increase their technology spending over the next two years; however, 87% indicated they still face internal inhibitors to supply chain and logistics innovation.

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Savvy Supply Chain Leaders Aren’t Letting a Good Downturn Go to Waste

Logistics Viewpoints

And a FourKites survey of 350+ supply chain leaders tells us that the past few years of supply chain disruptions — including COVID-19, market volatility, global political conflict, material shortages and extreme weather events — drove 73% of respondents to begin investing in supply chain visibility, with 46% planning to invest more in 2023.

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Use Digitization to Transform Chemical Supply Chain Planning Copy

CLX Logistics

1] Chemical supply chain planning specifically refers to applying supply chain planning principles and strategies within the context of the chemical industry. 2] Hence, it is no surprise that a recent industry survey found that 97% of respondents anticipate AI’s influence on product development and manufacturing. [3]

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Most Popular Logistics Stories from 2021

Logistics Viewpoints

I took the viewpoint that as the need for supply chain resiliency becomes front and center, CSCOs and CPOs will need to collaborate very closely; and shared the reasons why this is more important than ever. Accordingly Supply Chain and Procurement will need continuous collaboration. Do they have a proven ROI? Are they worth piloting?

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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

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Buying RPA for Supply Chain: 5 Steps to Selecting the Right RPA Software Provider

RPA Labs

When asked what benefits were accruing from their adoption of a technologically advanced supply chain strategy, 52% of [respondents to a recent survey] cited the ‘ability to integrate data and leverage analytics to improve the planning process.’ Remember to Think About the Value of Digital Document Management and Integration.