Technology | SupplyChainBrain

Technology: Page 284

Dynamic Pricing for Last-Mile Delivery

The ability to optimize routes utilizing algorithms, artificial intelligence and other technology tools has been around for a while, replacing manual tools such as spreadsheets and, in some cases, nothing at all. Dynamic pricing can soon become a reality for last-mile deliveries. By adding dynamic pricing to dynamic routing, a carrier can reduce costs and save time and provide more accurate pricing based on demand.

Operationalizing AI Through Intelligent Data

Digital technology in the supply chain, such as artificial intelligence and machine learning, supports end-to-end decision-making, and visibility into both network-wide supply-demand information and operational level response. These technologies run on data, which makes timely and accurate data collection, validation, management and analysis fundamental to advancing digital optimization strategies. That’s especially the case in today’s highly volatile market, where it has become increasingly challenging to accurately predict capacity and demand.

Using Digital Platforms to Connect Demand to Capacity

In today’s tight transportation market, finding carriers to cover loads has become increasingly difficult. Capacity constraints, labor shortages, rising shipping costs and growing shipping volumes are all expected to continue throughout 2022 (and possibly beyond), making traditional approaches to procurement insufficient. Addressing both short-term and long-term capacity needs requires a more modern and strategic approach. Digital freight matching can help overcome these challenges by accessing untapped capacity and connecting carriers with freight.

To Cope With Supply Chain Disruption, Shippers Need Diversified Networks

In today’s rapidly evolving environment, where demand is outweighing supply, shippers are prioritizing access to diversified and scaled capacity networks. Shifting away from traditional, demand-reactive sourcing methods to a dynamic capacity network ensures shippers are building sustained resilience and versatility in their supply chains.

Robots as a Service: Advantages Versus Risks

More companies are deploying robots to increase fulfillment speed and capacity, cut costs and survive the tight labor market. are leasing bots to quickly implement game-changing automation, with the flexibility to scale up or down as needs change over time. Robots as a service (RaaS) may be an attractive option, but it’s not without risk.

The Benefits of an Optimized TMS for Small to Mid-Sized Carriers

Higher freight costs, due to the perfect storm of port congestion, truck driver shortage, capacity shortage, and COVID, are here to stay. Shippers are passing these increased costs onto the consumer. To avoid backlash from increased freight costs and a hit on margins, companies are looking at ways to improve efficiencies within their transportation operations to keep costs down. Shippers are reaching out to their carriers to help them reduce costs.

The Key to Harnessing AI Is Reskilling Your Workforce

Artificial intelligence is expected to significantly impact supply chains by 2023. AI’s value lies in more than the automation of tasks. It opens opportunities for organizations to focus on strategic problem solving, relationship building and predictive insights. AI brings the latest, best, and most relevant information to employees through intelligent capabilities. Although AI is “smart” automation, its success still depends upon people — the organizations and employees who deploy it.

Technology Steps Up to Help Navigate the Last Mile

When it comes to fulfilling e-commerce orders, the shortest distance between two points is often the toughest to traverse.

A U.S. Postal Service mail truck drives down a snowy street. Photo: Shutterstock.

Driving Value in Your Supply Chain With Robotics and Automation

Autonomous robots move through a warehouse. Image: Shutterstock.

U.S. Labor, Supply ‘Nightmare’ Seen Extending Into Second Half

The helter-skelter playing out on U.S. factory floors from labor and supply shortages, transportation bottlenecks and the coronavirus looks likely to persist into the second half of the year.

Photo: Canva.

Announcing Gartner's Five-Part Webinar Series on Coping With the Supply Chain Crisis

Bart De Muynck, research analyst with Gartner, previews the consultancy's five-part webinar series, to be presented throughout 2022, in association with SupplyChainBrain: "Five Keys to Unlocking Supply Chain Value in a Time of Crisis."

Copy Of 0210 Gartner

Bipartisan Ocean Shipping Overhaul Introduced in U.S. Senate

The first major update of U.S. international ocean-shipping laws in more than two decades has been introduced in the Senate, a significant step toward passage after passing the House with bipartisan support in December.

Photo courtesy of the Port of Los Angeles.

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