With demand for supply chain visibility at an all-time high, a growing number of shippers are powering up their track and trace capabilities in order to meet the needs of their upstream and downstream stakeholders.
The annual meeting of Geoconcept took place on June 12 in Paris.
Supply chain inefficiencies and miscommunication through “Chinese Whispers” are costing UK businesses over £1.5bn in lost productivity according to analysis of industry data from digital freight forwarder Zencargo.
The e-commerce giant could introduce both competition and relief to UPS and FedEx — and that's just the tip of the iceberg.
The e-commerce giant announced its plan Thursday to provide entrepreneurs with Amazon-branded uniforms and delivery vans along with thousands of dollars in reimbursement to fulfill last-mile deliveries, citing high consumer demand and strained capacity.
Gartner has coined a plethora of colorful terms for their Hype Cycle methodology. Here’s one that sounds especially relevant: the “Peak of Inflated Expectations.” If the practical benefits of new technology fail to make an impact quickly enough, your business can careen down into the sadly named “Trough of Disillusionment” just as fast. Nobody wants to end up in that trough, eye-to-eye with Eeyore. Especially not the CEO who just spent big bucks on an emerging technology that didn’t deliver.
In the world of supply chain, there’s an abundance of hype around the potential of emerging technologies promising to transform the core of how supply chain professionals work. The trick is to see through the hype and ensure that any new technology makes a real difference in your organisation. Let’s take a look beyond the hype at the potential of several emerging technologies for the modern supply chain.
An international shortage of carbon dioxide gas (CO2) is starting to bite the European food and drink industry.
The common gas improves the shelf life of packaged foods and is used to create dry ice for transporting frozen food.
It is also used in guns for killing farm animals and adds fizz to carbonated drinks.
A critical factor in battling for consumer market share in today’s digital age is how well businesses can integrate demand and supply functions to achieve strategic goals. Real-time digital interactions with end consumers via social media, mobile apps, online ordering and other channels offer new opportunities to deliver marketing offers and shape demand.
- Speed of delivery is the biggest concern of consumers shopping online, according to a survey of 3,000 consumers conducted by e-commerce company Radial.
- About one third of 18- to 24-year-olds in the U.S. said they were frustrated with the time it takes to receive their orders.
- Overall, younger consumers tend to be "more critical of delivery and fulfillment orders than their older counterparts," the survey noted.
Europe led the way for deal volumes within the logistics sector in 2017, according to accountancy and business advisory firm BDO’s Logistics and Supply Chain Management M&A Review.
Achieving secure, high-performance supply chains requires the marrying of performance and permissibility with the transparency and trust of blockchain technology, by combining blockchain with a proven network platform, companies today can integrate blockchain with supply chain networks.
What is Blockchain?
Blockchain has traditionally been the technology underlying the cryptocurrency Bitcoin.