Shipper costs per mile are up 4%, while transit times are increasing for routes of 450 to 550 miles, according to Zipline Logistics. The company's analysis shows a 16.2% increase in transit days after the electronic logging device mandate went into effect.
The use of analytics is a critical component to allowing UPS to continue to compete with Amazon. Not only will the company's EDGE data projects help it to save as much as $300 million a year upon full deployment, but it is also helping to minimize mistakes, improve performance and determine when trucks should be washed, reports Elizabeth Woyke.
Amazon spent $46.9 billion last year on shipping and fulfillment compared with roughly $2 billion a decade earlier. Spending also increased in terms of percentage of total sales, reaching 26.4% in 2017 compared with 16.6% in 2007.
Respondents to an American Productivity and Quality Center survey noted an absence of "preexisting process foundation" as one hurdle to implementing process automation. Determine which processes will benefit most from automation, and assess the skills needed for success, writes Hailey Lynne McKeefry.
Cloud-based industrial internet of things software solutions provide security through their configurations, certificate authority and resistance to unauthorized remote access, writes Michael Bachelor of Bachelor Controls. Although nothing is 100% risk-free, "it is not unreasonable to believe that a company that embraces the cloud will on average address internal security concerns more thoroughly than a company that believes it is avoiding the risk by avoiding the cloud," Bachelor writes.
Data breaches lead to failure within six months for 60% of small and medium-sized businesses, according to the National Cyber Security Alliance, Jeff Eiserman writes. IT preparation, employee training and cyberliability insurance are all recommended steps, he writes.
Employers should be proactive as they adjust to the Occupational Safety and Health Administration's two-year implementation of electronic incident reporting and the public distribution of safety data, writes Quin Rodriguez of Riskonnect. Educate workers on safety, the importance of incident reporting and how to comply with OSHA's reporting processes, Rodriguez recommends.
Supply chain professionals can get more accurate costing information when finance and accounting personnel evolve into more advisory roles, Hailey Lynne McKeefry writes. More accurate internal reporting systems and up-to-date costing models also help the supply chain and finance functions collaborate better, she notes.
More businesses should step up as apprenticeship sponsors, both individually and at the industry level, Ryan Craig and Tom Bewick write. Craig and Bewick offer five recommendations to add 5 million US apprenticeships by 2022.
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