As the world becomes a more digitally-enabled community of people, things, and services, technology will be embedded in almost everything. People will leverage analytics engines, machine learning, internet-connected sensors, and more to fundamentally boost efficiencies everywhere.
Commercialization strategies evolve, supply chains expand, and production rates accelerate. The only way to take control of your future is to double down on quality. Product quality directly impacts the profitability of a company.
Even in 2019 many companies still underestimate the importance of their global supply chain and above all, how their logistics and supply chain performance can beneficially impact their marketing, ultimately leading to healthier financial results.
Despite a difficult first three quarters of 2018, the market began to show signs of softening and improved capacity in Q4. This softening and improved truckload and intermodal capacity has continued into 2019, and the outlook for a steadier market has remained. This quick shift from the historically tight market of 2018 to a more shipper-friendly market at the start of 2019 has been a surprise to many within the industry.
As online sales become increasingly popular, the growth of e-commerce has impacted every part of the supply chain, and material handling equipment (MHE) and fleet services are no different. With more and more brands looking to develop their e-commerce capabilities, their needs for moving and handling inventory are shifting as well.
Crowdsourcing apps, same-day delivery, and ecommerce trends continue to impact last mile delivery expectations. With this ever-changing landscape, cost-effective management of the last mile has become a challenge that needs a broader view.
