PwC | May 13, 2020
CFOs are increasingly focused on the benefits of automation within supply chain functions as they exit the initial shock period of the coronavirus pandemic.
Thirty-four percent of financial leaders surveyed plan to leverage automation to improve the speed and accuracy of decision-making within their supply chains.
PwC expects to see a focus on automating data collection and analysis regarding supply chain effectiveness.
CFOs are increasingly focused on the benefits of automation within supply chain functions as they exit the initial shock period of the coronavirus pandemic, according to a survey of 288 U.S.-based CFOs and financial leaders conducted by PwC during the week of May 4 and released Monday.
Thirty-four percent of financial leaders surveyed plan to leverage automation to improve the speed and accuracy of decision-making within their supply chains. — up from 26% two weeks ago in the prior edition of PwC's biweekly survey.
"Companies lost response time during the crisis, and they did not get all the data they needed to make informed decisions around, for example, spending, taking pricing actions to move excess stock or identifying opportunities to shift their mix of offerings," reads the report.
Read more: PwC: Supply chains unlikely to relocate post-coronavirus
Automation is on the minds of executives across sectors as they look for ways to diminish disruption from future crises or even subsequent waves of COVID-19, PwC U.S. Chairman and Senior Partner Tim Ryan said on a call with media.Thirty-seven percent of CFOs are planning to accelerate automation across functions.
The initial shock of the virus and its effect on the business community is over. And we're seeing a real shift among executives around focusing on what they can control.
But in the supply chain, CFOs plan to apply automation to improve agility — a quality 72% of CFOs said their organizations expect to develop as a result of the pandemic.
PwC expects to see a focus on automating data collection and analysis regarding supply chain effectiveness, Amity Millhiser, PwC vice chair and chief clients officer said on the call. Despite the possible influx of automation in response to the coronavirus, PwC also predicts supply chain management skills will be more in demand.
Read more: PwC: Supply chains will up supplier scrutiny after coronavirus
Using supply chain performance as an indicator of resiliency, and not merely cost management, combined with a new awareness of the value of supply chain management talent could shift training priorities, according to PwC.
Likewise, a recently released report from McKinsey found the pandemic will lead to a dedicated risk management function within many supply chains.
"Working alongside the manufacturing, procurement, and supply-chain functions, these units assess vulnerabilities across supply nodes and apply robust risk-mitigation frameworks to address those vulnerabilities," according to McKinsey analysts. Digitization will help organizations create this new function without incurring prohibitive costs, the analysts wrote.
AECOM | October 19, 2020
AECOM, the world’s premier infrastructure consulting firm, today launched MobiliticsTM for Pandemic Response, an updated version of its groundbreaking transportation scenario-planning tool originally launched in 2018. This latest iteration helps transit agencies, departments of transportation, and other clients across the U.S. assess how pandemic infection rates, stay at home orders, availability and deployment of a vaccine, economic recovery and re-opening, and other factors are expected to impact transportation patterns, in order to help clients better recover and strengthen resiliency. “Our transit clients are facing unprecedented challenges as they evaluate the effects of the pandemic on travel behavior,” said Lara Poloni, AECOM’s president. “Mobilitics is filling an important gap in the market – combining regional travel demand data and near real-time Big Data on trip patterns with AECOM’s scenario planning capabilities to understand the impacts of travel disruptions, not just from the pandemic, but also impacts of natural disasters and emerging mobility trends on the transportation system.” The transportation industry is experiencing profound transformations, from changes in travel patterns and behaviors due to the global pandemic, to technology advances in vehicle communication and automation, to teleworking and increased e-commerce. Several of AECOM’s transportation clients are already using Mobilitics to better understand how these complex and interrelated factors may impact future mobility and help inform service and capital planning decisions today.
DHL | July 27, 2020
DHL is expanding its U.S. footprint of Foreign Trade Zones (FTZ) with a location at the El Paso, Texas airport, the logistics provider announced Thursday. DHL has seven other FTZs in major U.S. cities."El Paso was chosen from a combination of factors; consideration of DHL’s existing FTZ footprint, customer demand and the location’s proximity to the Mexican State of Chihuahua and the factories located therein," David Goldberg, CEO of DHL Global Forwarding U.S., told Supply Chain Dive in an emailed statement.DHL has plans for three other FTZ locations in San Francisco; Laredo, Texas; and San Juan, Puerto Pico.An FTZ allows shippers to defer tariffs or other taxes on shipments as the locations are "generally considered outside of the United States for customs purposes," DHL explained in its release. DHL is not the only carrier expanding this offering, either. Last year, UPS announced it had converted four airport gateways to FTZs.