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Numbers Don’t Lie—Demand is Driving Industry Growth

Stord

Not surprisingly, to meet demand warehouse and storage payrolls added 2,500 hires in early 2018. The Wall Street Journal reports that trucking companies are ordering vehicles in record numbers and yet are still not meeting demand. Fleets are being called upon to deliver goods, but can’t meet demand.

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Logistics Confidence Index Unlocks Growth Potential

Blue Grace Logistics

The BlueGrace Logistics Confidence Index (LCI) provides shippers with insights into the current state of the industry, enabling them to navigate complexities and make data-driven decisions. Q3 reveals a positive trend in anticipated revenue, with only a 4% decrease reported across all shippers surveyed.

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In Focus: 5 Factors To Consider On The “Build Vs Buy” Decision on Last-Mile Software Solution

Locus

A consumer survey showed that 55% of consumers will switch their retail brands if they find their delivery times are too slow. Technology solutions for last-mile fulfillment have emerged as the quickest, most practical way to meet these steep consumer demands. Some surveys and studies suggest 52% of the IT projects do overtime budgets.

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Why Digital Transformation Is Fundamental To A Resilient Supply Chain

Blue Grace Logistics

Logistics stakeholders are continuing to digitalize operations—and supply chains—through new technologies that meet customer expectations and keep up with global trade challenges. In a changing industry, digital transformation often feels like a buzzword that leads companies to rush towards streamlining operational efficiency.

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How VR, 3D Printing & Predictive Analytics in the IOT are Currently Powering the Manufacturing Industry

GlobalTranz

According to Sundeep Sunghavi, the use of predictive analytics will save approximately $630 billion in the manufacturing industry over the next 15 years. Instead, they can use today’s information to create near real-time demand forecasts, allowing for immediate adjustment of production and distribution to meet changing demands.

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Tips For Hosting Successful Online Events During COVID-19

WorkWave

While many businesses are working to navigate COVID-19, planning to attend future industry conferences or trainings is not something that they have top of mind. While the ability to quickly adapt plans or to manage a crisis is second nature to an event or meeting planner (e.g. Time To Read: 3 minutes.

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Using Predictive Analytics For Better Supply Chain Resilience

Blue Grace Logistics

51% of the respondents in a global Reuters survey felt that the most perplexing challenge is the unpredictable nature of consumer demand. Predictive analytics is used in every industry. Many such tools are tailored to meet the needs of specific enterprises. Check out our July Webinar! Demand forecasting is hard.