Articles
Technology
Electronic Data Interchange: Definition, Process, and Benefits
The use of technology is rapidly increasing in many industry sectors worldwide, including logistics. Technologies such as cloud computing and IoT devices have enabled logistics companies to access real-time data and improve the coordination of their operations. One key improvement area is how Electronic Data Interchange (EDI) is used in logistics operations. This technology has […]
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Is Your Business Ready for Intelligent Document Processing?
The world has seen the damage a slow supply chain can do—it stunts economic growth, negatively impacts revenue, and leads to customer frustration, or worse, customer loss. Technology has been touted as the end-all to supply chain woes, but it can be difficult to determine the most beneficial solutions. Yet, one AI solution can lay the foundational groundwork for implementing future technologies: Intelligent Document Processing (IDP).
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3 Ways Digital Transformation Enhances Capacity
After consecutive pandemic years, supply chains are a mess. As a result, businesses are running out of stock just as surging consumer demand drives up prices for remaining goods, contributing to record inflation and further disrupting consumer markets.
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How to Avoid Paying Ransom
It is no great secret that cyberattacks are on the rise, and recent data suggests supply chains are no exception. A 2022 NCCGROUP survey shows that supply chain organizations experienced a 51% increase in attacks within the six months preceding the survey. The first step in addressing this risk is acknowledging that it exists. The good news is this should be a relatively easy step, especially compared to what comes next.
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Gaining Better Visibility: Where to Start
While the business-to-consumer (B2C) market has embraced sophisticated technology tools to enable a digital transformation across the supply chain, the business-to-business (B2B) industry has been slower to adapt, steadfast in a reliance on spreadsheets, phone calls and email.
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What Is an ELD? The Benefits, Purpose, and Features of ELDs
Many businesses that operate a fleet of trucks or vehicles are required to have ELD or electronic logging devices installed in each vehicle. ELDs are intended to enhance the safety of professional truck drivers. ELDs are a convenient way to manage, track, and share data during driving and downtime. As technology continues to evolve, it […]
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AI and ML in Retail: Help or Hype?
Top-performing retailers are bullish on artificial intelligence (AI) and machine learning (ML), with 71% of respondents to a Retail Systems Research report saying AI-enabled analytics will fundamentally change their merchandising forecasting by 2025.
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The Global Food Crisis and Technologies That Help to Cope with its Effects
How technologies enable companies and governments to find the solutions to mitigate the effects of crises.
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Expedited Delivery: Technology Makes it Happen
When customers want it NOW, technology makes it click by delivering increased visibility, optimized loads and routes, data-sharing, and digitized documents.
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IN BRIEF: New Services and Solutions
From a lighter refrigerated truck body to a new U.S.-Korea airfreight service, here are some notable supply chain services and solutions that recently hit the market.
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Digital Supply Chain Technology Investments Spurred by Disruption
Supply chain leaders can drive impactful, lasting transformation within their organizations. Here are the digital solutions garnering attention and investment.
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3PL Warehouse Rapid Deployment and Adaptation
How to easily configure business processes to meet customer-specific requirements.
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Top 5 Mistakes in Transportation RFPs
Executing a smart request-for-proposal (RFP) strategy enables shippers to manage costs, increase service levels, and meet capacity needs. Here’s what to avoid: Shippers can mitigate risk and successfully manage capacity needs by avoiding the most common pitfalls. 1. Unclear Carrier Strategy Instead of sending every lane to bid or rolling every lane over to your […]
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Keeping Your Digital Supply Chain Secure
Organizations that are most protected from cyberattacks are ones that understand what threats exist in the first place. This means having a good understanding of their entire supply chain as well as the data they are responsible for and where it is stored. 1. Understand the biggest threats to the digital supply chain, what data […]
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Pharma Supply Chains Get Technology Booster
Pharmaceutical and life sciences supply chains receive a healthy dose of innovation and automation solutions—boosting visibility, traceability, and productivity. Until recently, companies planning for resilience and business continuity tended to focus on relatively localized events, like a hurricane hitting the Gulf Coast of North America and disrupting traffic and power, or an Icelandic volcano erupting, […]
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5 Phases of Disruption Response
While supply chain problems appeared at first to be temporary ramifications of the pandemic, research now suggests that restoring previous supply chain functioning will take more than time. New solutions will have to be developed, and innovation in the tech space will have to be part of these solutions. In a recent presentation, Palash Barandwaj, […]
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Technology for SMBs: No Small Matter
Supply chain technology isn’t just for large companies. It’s possible — and necessary — for businesses to invest in new innovations, no matter what their headcount. It was not long ago when supply chain operations were thought of as a backroom affair, running on paper charts and fax machines. But after nearly two years in […]
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Integrating NFC and Blockchain
Counterfeit supply chains cost U.S. manufacturers upwards of $131 million, and the problem is growing amid supply chain shortages. This crisis is also exacerbated by a time of technological advancement—not only are supply chains carrying in-demand products, but they also house incredible amounts of data that are susceptible to breach. Of the many security threats […]
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Data-Driven Supply Chain Optimization
Q: What is data-driven supply chain optimization, and why is it important? A: Data-driven supply chain optimization applies prescriptive analytics in mathematical programming and operations research (OR) to provide decision support for supply chain decision-making at the strategic, tactical, and operational levels. By properly capturing the decisions to make (decision variables), the performance metric to […]
Read MoreIN BRIEF: New Supply Chain Services & Solutions
Stay up to date on the latest transportation, supply chain, logistics and technology solutions. Transportation The Lufthansa Group is expanding the capacity of Lufthansa Cargo’s freighter fleet. The airline has ordered a total of 10 freighters, including three Boeing 777F freighters and seven 777-8F freighters. Boeing’s next-generation aircraft lowers fuel consumption and has 17% more […]
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