How can I extract value in my supply chain by using a freight forwarder?

APQC hosts supply chain management (SCM) webinars to connect with our members. Some calls feature internal experts discussing APQC's research and findings. For other calls, we invite external SCM thought leaders and practitioners to present their ideas and insights.

The inexorable force of digitization is reshaping the 3PL marketplace, with new alliances and partnerships reflecting that trend as never before. Warehousing and freight brokerages, meanwhile, are sectors of constant reinvention. Armstrong & Associates research indicates that one other ongoing development is also a game changer: global trade tensions and disruptions. "We are going to be taking a long view on how trade agreements will play out, and what their impact will have on logistics managers with their planning and forecasting budgets," says Evan Armstrong, president of Armstrong & Associates.

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?

Artificial Intelligence offers huge benefits for supply chain managers, but only if it is based on solid fundamentals that consider the scale and dynamics of today’s supply chains.The success of AI in supply chains is heavily dependent on information accuracy, data timeliness, and selection of the correct decision space for AI applications.