How digital supply chain management, the broad concept that cloud-based systems, analytics and monitoring of goods, vehicles and other assets via the Internet of Things will improve the way supply chains run, is a major concern for many logistics organizations today. We know its coming, but how many have a clear understanding of the technology and its applications? Similar terms like digitalization or Industry 4.0, digital supply chain management spans multiple technologies and includes its fair share of buzzwords but how will it all work?
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Topics:
Logistics News,
Industry Trends,
Technology
Rideshare service Uber suspended autonomous car testing nationwide after a self-driving car struck and killed an Arizona woman crossing the street. Even though the video appears to show the pedestrian jaywalking as she walks a bicycle across a street the incident raises many more questions about the main concern of, and hurdle, for the practical commercial use of the autonomous vehicle. Uber has halted testing of autonomous vehicles until officials complete their investigation.
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Topics:
Transportation News,
Industry Trends,
Technology
The robotics market serving logistics and transportation companies is primed for rapid growth over the next five years. There is a myriad of routine, repetitive tasks common to warehouse and distribution systems that are well suited to robotic technology. Much of today's warehouses are manually operated, meaning they have little or no automation support.
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Topics:
Logistics Business,
Shipping News,
Logistics News,
Technology
Walmart released fourth quarter earnings on Feb. 20 and the results were less than expected. By mid-afternoon, the company was on track for its worst point drop in history as a publicly traded company. Walmart’s overall e-commerce sales slowed considerably in Q4 2017, increasing 23% in the quarter versus a previous increase of 50% in Q3 and 60% in Q2 of 2017. At the same time, quarterly profits sank 28% over the same period a year ago, not the correlative results anyone ever wants to see, so it was no surprise that the market responded in the manner in which it did.
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Topics:
Industry Trends,
Technology
We Can All Agree
Industry experts agree that costs across all sectors worldwide will continue to rise in 2018, and the most successful shippers will be those that are able to mitigate their impact on profitability. The right technology will play an increasingly vital role in driving efficiencies across the global logistics network.
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Topics:
Supply Chain Management,
Logistics Business,
Shipping News,
Technology
Today's dynamic logistics environment demands an ever increasing supply chain efficiency sprouting new strategies, practices, and processes, all of which are designed to meet the requirements of the new digital economy. The "Amazon Effect" has been the major catalyst for the evolution of contemporary supply chain design. The Amazon effect is the ongoing evolution and disruption of the retail market, both online and in physical outlets, resulting from increased e-commerce. The name is an acknowledgement of Amazon's early and continuing domination in online sales, which has driven much of the disruption. We'll highlight just a few new technologies that are being implemented in varying degrees in the next gen supply chain design.
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Topics:
Supply Chain Management,
Transportation News,
Logistics Business,
Shipping News,
Logistics News,
Technology
When Elon Musk recently announced that Tesla would start building electric semi-trucks that would have 500-mile range, and come with a version of Tesla’s Autopilot driving aid, the world realized it wasn’t a matter of if, but when these new trucks would be hitting the highways. The pace of technological innovation is advancing at an exponential rate. With advanced hardware, software and connectivity becoming accessible and cost effective on a global scale, we’re experiencing an innovation shift from desiring “better gadgets” to discovering entire new business categories built around technology.
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Topics:
Transportation News,
Logistics Business,
Logistics News,
Technology
Brick and mortar mall retailers may not be dead, but many are on life support. The challenge is how to attract shoppers back to malls when online shopping and home delivery is so effortless. What is going to motivate these shoppers to return to the traditional mode of shopping? Here are some ways retailers are trying to reinvent the shopping experience and lure back their customers.
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Logistics Business,
Logistics News,
Technology
Ok, I'll bite. What is level 5? Ford announced it’s skipping over Level 3 and will put a fleet of Level 4 autonomous vehicles on the road in 2021. Mobileye and Delphi promised Level 4/5 self-drivers by 2019. There's little reason to define levels prior to this point so let's explore what level 3, 4, and 5 autonomous vehicles are.
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Topics:
Transportation News,
Logistics Business,
Logistics News,
Technology
The use of commercial robotics technology is hardly new. What is new is the myriad of fundamental applications today's technology is offering to speed service and enhance efficiency. Recently, Lowes tested customer service robots in some stores to help shoppers locate their products. I'm all for it. I can never find anyone in my local Lowes to help me. Now Walmart is testing robots equipped with scanning technology to improve product management. The robots come equipped with cameras to scan aisles, assessing the level of stock, number of missing products, and misplaced items abandoned by shoppers in order to facilitate more accuracy in pricing, purchasing, inventory management, and ultimately, increase sales. The robots simply scan the aisles transmitting replenishment, pricing exceptions, and misplaced product data to stocking employees. These scanning robots do the job an estimated 3 times faster than staff. Walmart explains that in addition to moving employees to more productive tasks, the company is hoping to save customers time and make “stores more convenient and easier to shop, ensuring that products are available when our customers want them.”
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Topics:
Logistics Business,
Logistics News,
Technology