Industrial Technology
Navigating the world of shipping can be hugely complex. From finding the right carriers to ensuring that packages are delivered promptly, there are plenty of moving parts that can go wrong. Understanding common shipping pitfalls can significantly aid your company’s shipping strategy and catapu
Currently the United States and the world at large are experiencing a historic semiconductor shortage. As the U.S. government works to address the crisis and reestablish itself as a global leader in the space, it must focus on incentivizing semiconductor fabricators to bring about revolutionary chan
It won’t surprise anyone that customer expectations have been rapidly changing, particularly in light of the events of the last year and a half. Those changes, however, began long before the global disruption in 2020.For the last 16 years, the term Fourth Industrial Revolution, or Industry 4.0
Manufacturers’ most critical "currency" remains resolute: trust and reliability. And much of the responsibility for maintaining those qualities lies within the supply chain.Global supply chains frequently encounter blind spots, such as failing to anticipate trade disruptions and supp
The Biden Administration has made it clear that the U.S. needs a resilient, diverse and secure supply chain to ensure economic prosperity and national security.Following a 100-day interagency review of domestic supply chains, the White House released a 700-page report on its assessment, and suggeste
Establishing a tailored carrier-selection process is the first step toward developing a strategic plan for the most efficient transportation system.No matter what a shipper’s carrier procurement strategy is, it must be monitored and adjusted in response to shipper and carrier network changes.T
At the direction of President Biden, the National Institute of Standards and Technology recently issued an updated definition of what constitutes “critical” software components that are commonly found within supply chains. But according to one cybersecurity expert, the language reveals a
Consequences of the COVID-19 pandemic are expected to ripple through global supply chains for months to come. For procurement professionals, three growing trends are reshaping the industry as we’ve traditionally known it. Interest in Resilience The pandemic has highlighted just how fragile g
Organizations have faced a slew of challenges in the past year, from material shortages to logistics bottlenecks and volatile swings in demand. More than 90% of Fortune 1000 companies say they’ve suffered supply chain disruptions, according to a report by accounting firm KPMG LLP. No
With the renewed emphasis on green energy, and a national net-zero greenhouse gas emission imperative planned for 2050 by the Biden Administration, significant investments must be undertaken to improve procurement processes — in excess of $2 trillion, as estimated by the U.S. Department of Ene
The pandemic disrupted businesses across all industries, causing a flurry of emergency rules, procedures and requirements to be reassessed and implemented. For many business leaders, it was a wakeup call in revealing the quality and level of their emergency preparedness. One year later, and warehous
In recent years, many logistics and transportation companies have loudly launched initiatives to minimize their carbon footprint — simultaneously benefiting from financial and marketing gains. Today, hydrogen has become the strategic cornerstone of sustainability for the trucking industry. Bot
Are logistics companies ready for the “Grand Reopening?”The U.S. economy is poised to come roaring back as the coronavirus pandemic fades, or so we hope. But a rapid return to normal is anything but assured.The big question, of course, is whether COVID-19 is really on the wane, and busin
While the pandemic has accelerated the evolution of unified commerce, it has also surfaced troubling issues with non-resilient supply chains, widespread disruptions and rising cost of goods sold (COGS). As a result, more companies are moving to map their global supply chains and enable visibility of
An already stretched supply chain in the coming months will likely face a deluge of freight unlike any we’ve seen before. There’s an economic boom on the horizon that’s going to stretch trucking coast to coast, and it’ll continue to stress transportation globally. That’
The popularity of online shopping has accelerated rapidly over the last 18 months, with U.S. e-commerce brands experiencing 44% growth in 2020. Shoppers have become increasingly inclined to buy items online that, prior to the pandemic, they might have purchased in-store. Retailers have had to adapt
A shift is underway in factories around the world. They’re getting smart with the use of edge computing, which has brought new levels of efficiency and productivity to the factory floor. With the ability to process data closer to the source, smart factories are taking advantage of modern indus
The way the global food system grows, distributes, eats and disposes of food has dramatically changed over the years, and not necessarily for the better. Today’s food supply chain is a complex ecosystem that relies on interconnectedness and interdependencies across many stakeholders and is oft
Over the last year, 85% of mid-sized to large B2B buyers reported procuring more of their business needs online. The majority (96%) anticipate that their organizations will continue to do more purchasing online, even after pre-pandemic business functions resume.The shift to increased e-procurement h
Achieving net-zero greenhouse gas emissions might seem a simple enough concept to some: the idea that you can cut environmental impact to a level where your output does not exceed the gases being removed from the atmosphere, leaving you with an overall balance of zero. More and more countries and co
Industrial Technology