There's a glaring gap in today's omnichannel world. Or perhaps it's best described as a blind spot. In either case, as manufacturers, retailers and 3PLs invest millions of dollars to provide a truly seamless, fully integrated buying experience, many continue to overlook the significant costs and complexities of the "final mile" between DC and the consumer's front porch.
Use of transportation management systems has more than tripled in the last 10 years, according to a survey of 1000 transportation professionals by InMotion Global, provider of the AscendTMS.
A combination of the erratic global air and sea freight market, a growing shift in geographic focus towards the regional and the application of advanced technology and data analysis to the market is bringing the fate of the traditional freight forwarding model into question.
With today's fast-paced supply chain and rising consumer demand, it has become a best practice for warehouses to prepare and stage orders prior to the truck's arrival, typically up to 24 hours in advance. While this practice may seem like an effective method of fulfilling orders in a timely and accurate manner, it doesn't take into consideration the possibility that the truck is late, or worse, doesn’t show up at all.
Eighty percent of CPG supply chain leaders say transportation is now their greatest worry, according to a report by The Boston Consulting Group and the Grocery Manufacturers Association, A Hard Road: Why CPG Companies Need
a Strategic Approach to Transportation.
In 2014, the supply chain industry experienced its best year since the Great Recession, according to the State of the Logistics Report issued annually by the Council of Supply Chain Management Professionals and sponsored by Penske Logistics.
TNT is deploying seven 3.5-tonne electric express delivery vehicles for its operations in and around Amsterdam and Rotterdam, The Netherlands, as a partner of Freight Electric Vehicles in Urban Europe, an urban e-mobility project supported by the European Commission. FREVUE seeks to demonstrate to industry, consumers and policy makers how electric vehicles can meet the growing need for sustainable urban logistics.
U.S. Senator Cory Booker has introduced the "Commercial UAS Modernization Act," which could create temporary rules to allow commercial drone operations in the United States.