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Transport Companies Stamp U.S. Postal Service Suppliers List
The number of transportation companies at the top of Husch Blackwell’s Top 150 U.S. Postal Service Suppliers list—an annual look at the companies with the largest supplier relationships with the Postal Service—increased in 2019. Seven of the top 10 suppliers are involved in transportation, which is one more than in fiscal year 2018. As it […]
Read MoreBlockchain Pilots Aren’t Landing
A majority (80%) of supply chain blockchain initiatives will stay at the pilot stage through 2022, according to new Gartner research. Many organizations pushed to create robust use cases for the supply chain; however, most were inspired by banking and insurance pilots, and didn’t translate to supply chain. This should not discourage supply chain leaders […]
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State of Retail Tech
Equity funding to retail tech companies slowed globally in 2019—down 31% to $45.2 billion—largely due to a slide in funding to e-commerce platforms and enabling technologies, finds CB Insights’ State of Retail Tech report, a comprehensive look into retail trends from 2019 and what to look for in 2020. Specifically, funding to supply chain and […]
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5 Steps to a Contract High
In the mid-2000s, a U.S. computer manufacturer signed a long-term contract with an overnight delivery service to transport its products. By the eighth year of the 10-year contract, both the manufacturer and carrier wanted out. But both companies knew ending the agreement would be a lose-lose. The result: two years of distrust, retaliatory measures, and […]
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Automated Materials Handling Gets a Lift
A labor market in which it is increasingly difficult to recruit, train, and retain workers is a major factor driving growth of the automated materials handling equipment market in North America, finds a report by BCC Research. The market expects a compound annual growth rate of 7.1% through 2024 and may be worth $28.7 billion. […]
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Predicting the Future of Consumer Demand
Improving demand forecasting is a priority for manufacturers—61% of respondents to a recent AIMMS report say that improving forecast accuracy is either important or extremely important for their organizations. However, only 2% of respondents are extremely satisfied with their forecasts. Many bet on new technologies such as machine learning and demand sensing to improve forecast […]
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Going in Reverse in the Circular Economy
While 70% of supply chain leaders plan to invest in the circular economy in 2020-2021, only 12% have aligned their digital and circular economy strategies so far, according to a recent survey by Gartner. About 27% of respondents currently use digital technologies to improve reverse logistics, and 39% plan to do so in the next […]
Read More3PL Market Revenue to Cross $1.8 Trillion by 2026
Growing demand for low-cost services and a rapidly expanding e-commerce sector will boost the market valuation of third-party logistics (3PL) to $1.8 trillion by 2026.
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Map Mishaps Throw Last-Mile Drivers Off Course
Nearly all last-mile delivery drivers say they would be more effective if they had better maps, according to a new report from Mapillary, a street-level imagery platform that uses computer vision to automate mapping. The delivery industry is racking up $2.5 billion in wasted salary and $611 million in extra miles due to bad maps, […]
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Shippers Have Hope for 2020
What supply chain challenges did shippers experience in 2019, and what supply chain services held their interest compared to previous years? The Averitt Express 2019 State of the North American Supply Chain survey of more than 1,800 shippers from a variety of industries throughout North America finds: 66.2% of shippers anticipate increased shipping volumes in […]
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