Transportation TIP List: Week of January 13th, 2019
We’re now a few weeks into 2019, making it a great time to assess how your New Year’s resolution is progressing. And just like personal goals, we know that supply chain success often relies on game planning and strategic goal-setting. Our TIP List this week covers some of the ways that organizations can achieve transportation success throughout the new year – including insight into innovations such as TMS technology, blockchain and IoT.
- 2019 Transportation Management Systems (TMS) Market Update: Keeping Pace with the Times: As the true workhorse of the supply chain management software cluster, a TMS has become the “must have” for companies that are working under the pressures of e-commerce and omni-channel to manage their increasingly sophisticated transportation networks.
- Blockchain and IoT Solutions for Supply Chain Management: The blockchain is a promising technology and has the potential to transform the supply chain management by storing and managing supply chain data and enabling decentralized autonomous transactions – helping enterprises to ensure customer trust and data security.
- Shippers, Not Just U.S. Truckers, Own Driver Shortage: For years, shippers were warned about the looming driver shortage. Trucking executives were sometimes accused of “crying wolf” when it came to driver shortages to secure rate increases — until 2018. Suddenly, the wolf was real and had teeth, in the form of higher rates and rejected freight tenders that drove costs up.
- U.S.-China Trade Fight Shakes Global Economy, but Isn’t All Bad for Bystanders: Countries watching the U.S.-China trade talks from the sidelines are anxious for the two sides to reach a deal and avert the damage a protracted fight poses to the global economy—even if many see the potential to benefit from the dispute.
- FTR Reports Growth for Most Recent Reading of Trucking Conditions Index (TCI): The most up-to-date edition of the TCI, which was recently released by FTR showed that growth remained intact – as the index rose 2.67% to 5.84 compared to October’s 3.17 reading.
What technology trend is having the biggest impact on your supply chain operations this year?
