Despite supplier visibility rising to become such a top strategic priority, recent supply chain resilience research conducted by Alcumus highlighted that over half of global companies might not have total visibility over their supply chains. The threat of fines, investor scrutiny, falling shareholder value and poor performance all mean this is an issue no company can afford to ignore.
With the help of Transportation Management Systems, shippers have been able to optimize their freight transportation strategy worldwide.But global parcel shipping isnt the same as freight.Global parcel shipping requires multiple carriers. Its the last mile in multiple distribution models. Its under pressure to meet same-day and next-day delivery expectations.
About 25% of small manufacturers say the supply chain crunch is getting worse, and about one-third of businesses say getting basic supplies into their plants is the biggest challenge they continue to face. While things might be getting better for a few, deep-pocketed large companies, managing material shortages remains a giant hurdle for huge swaths of the manufacturing world.
How is our industry faring in the current environment? What have been some of the results and perhaps unintended consequences of ELD technology over the course of the last year? With the AOBRD grandfather clause ending in 2019, what is being reported by companies who have already implemented ELD technology?