Fuel and freight make up nearly two-thirds of logistics costs. Supply-chain and logistics managers need to optimize those costs to improve the bottom line.
Digital network platforms and advanced analytics are making it possible for logistics providers to achieve unprecedented levels of visibility and collaboration, enabling true end-to-end supply chains.
In recent years, supply chain has become a hotbed of innovation and a darling of venture investors. A series of new technologies has matured and brought new life to this historically rather stodgy space.
The internet of things promises to have a profound impact on logistics and the supply chain. Chris McClincy, senior vice president and chief information officer of Expeditors International, explains.
Are modern-day supply chains really that smart? Heidi Benko, vice president of solutions strategy and marketing with Infor Supply Chain, describes how far we've come in creating automated systems that equal — and surpass — human capabilities.