I can only imagine what it must be like to be at sea during a major storm. When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like […]
Tom France, the vice president of distribution at Trane Technologies, gave an entertaining presentation in early October of this year at a FourKites online conference. Trane Technologies uses the FourKites real-time transportation visibility and yard management solutions to help optimize logistics. Trane Technologies had sales of $12.5 billion in their last financial year. The company […]
Supply chain managers need real-time data to effectively manage operations. While supply chain software companies offer solutions that come with analytic solutions, the data used for the analytics is usually archived data. Archived data is not real-time. There is a new technology that can provide real-time visibility. But getting it implemented means overcoming the objections […]
For more than a year, global supply chains have been buffeted by one major disruption after another. The surging Delta virus, devastating floods in China and Germany and cyber attacks on South African ports are amongst the latest in a series of events that continue to send shock waves throughout the system. The impact? Raw […]
When it comes to real-time visibility, the market is becoming more important and more robust than ever before. Billions of venture capital dollars of investment are being poured into companies that can integrate real-time visibility data with transportation to provide a more informed ETA for shippers and carriers. The need to know where products are, […]
Supply chain is an industry slow to change. Large shippers still use Excel spreadsheets to plan their operations, and even the most beneficial logistics technology is sometimes looked at warily. If it isn’t broken, these stakeholders reason, there’s nothing to fix. Logistics isn’t alone in this hesitancy to embrace technology, but the benefits of injecting agility […]
McKinsey, the global consulting firm, has done research and writing on supply chain collaboration. In some industries, suppliers account for over 80 percent of the value of the products that are produced. In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower […]