TRENDS, CHALLENGES, OPPORTUNITIES: HOW TO DEPLOY A DIGITAL SUPPLY CHAIN NETWORK™ FOR ACCELERATED VALUE

How does your company view Incoterms? There can often be misunderstandings about their use and purpose. We will explore proper usage of Incoterms and how best to utilize them in your international transactions and highlight potential problems.

Have you felt it? There’s been a seismic shift in power within our economy. Customers are in control and supply chains need to be as agile as the customer wants and needs.This is forcing shippers and logistic service providers to rethink how they serve their B2B & B2C customers. And in an era of faster cycle and shipping times, international expansion and multiple suppliers, that means increased (and sometimes insurmountable) complexity in the supply chain.

While once, supply chain was not one of the top enterprise priorities, today, most of the procurement leaders site supply chain visibility as their biggest challenge is managing disruption. Organizations are adopting tools that provide deep supply chain intelligence, and there is a high value of having as much information at your fingertips as possible. With this, organizations are making a paradigm shift in embracing the full spectrum of technologies like AI to cement the growth story.

Trailer idling, fleet maintenance, driver shortages and cargo theft. These are just a few of the challenges faced by fleet owners and managers today.A smart trailer management solution must do more than simply track and monitor fleet assets to help solve these problems. It also needs to present intelligence and produce insights that help a business make smart decisions to efficiently deploy resources, sharpen its competitive edge and become a better supplier for its customers – setting it up for long-term success. The level of success, however, depends on the quality of the solution, which comes down to reliability, the amount of visibility into fleet assets and total cost of ownership.