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Top 4 Reasons Blockchain is Driving Supply Chains

Blockchain has taken the supply chain and logistics industry by storm, earning a reputation as one of the top trends to look for in 2018. A large following of companies within the supply chain and logistics industry have been making significant investments into technology to improve efficiencies. Research has reported that tech leader, IBM, has …

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What is Industry 4.0?: Digitizing Logistics and Supply Chains

Industry 4.0, also referred to as the Fourth Industrial Revolution, has initiated a lucrative transition for transportation supply chains. Research on future trends of supply chain management found that over the next five years about 80% believe ‘digital supply chain’ will be the leading industry model and 72% of global companies will invest over US$900 …

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Top 8 3PL Market Growth Predictions for 2025

Earlier this month, Research and Markets added to their “Third Party Logistics (3PL) Market Analysis By Service, By Transport (Roadways, Railways, Waterways, Airways), By End-Use (Manufacturing, Retail, Healthcare, Automotive), By Region, And Segment Forecasts, 2014 – 2025” report. Experts are estimating the 3PL market to reach USD $1.24 trillion within the next decade. That’s a …

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3 Reasons to Improve Transparency in Your Supply Chain

Transparency has been the promise of many CEOs and businesses in recent years. That’s for good reason, customers want to know where the products and the parts came from. “Consumers, governments, and companies are demanding details about the systems and sources that deliver the goods. They worry about quality, safety, ethics, and environmental impact” writes …

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Risky Business: 8 Interesting Facts about the Most At-Risk International Ports

RMS Inc., a risk-modeling firm, recently released a report that looks at the top ports at risk of a disaster. The predictions are primarily based on cargo type (e.g. autos, bulk grains, electronics, etc.), precise location, storage infrastructure and the dwell time. The report was released a year after the Tianjin port explosion in China, …

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9 Facts About the Industrial Internet of Things (IoT)

The Industrial Internet of Things (IIoT) leverages the interconnectivity of machines and systems with sensors, intelligent data, and analytics to provide increased visibility and better insights into the performance of equipment and assets. Despite what its potential offers, attitudes surrounding IIoT are mixed. Some industry leaders are optimistic, others are dismissive. For this week’s infographic, …

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12 Key Facts About the Driver Shortage and the Future of the Trucking Industry

The current shortage of truck drivers is estimated at roughly 25,000. The turnover rate, which hit 96% by the end of 2014 is due to a multitude of reasons, including demographic, regulatory, and the fact that drivers are away from home for a period of time, among other factors. This month, we thought it would …

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5 Questions to Ask Before Selecting a 3PL

Third party logistics (3PL) companies offer resources for companies to outsource all or part of their supply chain management. When you select your 3PL you are essentially selecting another member of your organization. As the 3PL will be acting an extension of your company, it is essential that you find out if the 3PL you …

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As e-Commerce Expands, Delivery Time Slows Down for the Holidays

Kurt Salmon, a global management consulting firm, recently put out a study of online orders from 62 different retailers. The study analyzed online orders that were shipped to consumers, as well as those picked up in-store to measure shipping speed, accuracy and cost. The most interesting find in the study, is that on average, order-to-delivery …

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