More than half of respondents (53%) said they expect to improve their demand forecast accuracy through the use of "digital twin of the customer" initiatives.
Almost all logistics organizations will either increase or maintain their current levels of investment in new IT systems and technologies over the next 12 months.
As inflation lingers, the tough times for the freight industry are likely to continue. But shippers and carriers have the power to combat rising costs.
Leveraging analytics software with supply chain data helps shippers predict freight market trends, lower operating costs, negotiate rates more effectively and respond to disruption quickly.
Automation enables greater visibility throughout the supply chain, and can help supply chain managers identify early-warning signs and take action before a disruption occurs.
Artificial intelligence and machine learning are equipping global supply chains with the tools they need to address heightened risk in the era of COVID-19.
Until recently, most companies simply haven’t been interested in offering deep supply chain transparency. Now, they are beginning to realize the urgent need to do so.
The latest news, analysis, trends and solutions regarding supply chain visibility and its impact on supply chain management. New technologies in supply chain visibility are transforming the way companies operate - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using supply chain visibility solutions for real-time insight, risk management and supply chain optimization.
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