Currently, it’s a shipper’s market. The quantity of freight in circulation is low, providing shippers with leverage. Transport companies are dropping rates to attract business.
Optimizing supply chain readiness and resilience will remain a top priority for the automotive industry in the coming year, as executives manage the convergence of political, economic and environmental risks.
Rising shipping costs, cumbersome processes and the growing demand for seamless service highlight the urgency for businesses to rethink their approach to last-mile delivery.
Currently, the majority of companies do not use any technology to monitor their supply chain performance. The correct technology, enabling integration between solutions and data, is the key.