Week of June 3, 2019
Linking technology news with Dangerous Goods compliance
Advancements in technology are enabling a more digital supply chain – helping dangerous goods companies improve performance, enhance customer service, lower operating costs and mitigate risk.
To help companies keep a pulse on technology trends impacting business and the movement of dangerous goods throughout the supply chain, Labelmaster has launched “Supply Chain Moves,” a weekly report linking the latest technology news to dangerous goods compliance.
Let’s examine the recent supply chain technology and industry news.
TECHNOLOGY
- ERP Giants SAP and Oracle Add AI to Platforms: As CIOs and other IT leaders shift their AI programs to incorporate more buying than building from scratch, vendors are adding new AI capabilities to their platforms to meet the demand.
- Reimagining Inventory Management with New Technology: Inventory management is at the heart of business success, but as companies expand their product offerings and extend their reach, it’s become more difficult to keep track of everything.
- 3 Ways Data Powers Smart Transportation Management: Transportation is evolving rapidly thanks to supply chain technology powered by data and analytics, and digitization is driving big changes that can help meet the pace of change.
3PL TECH
- C.H. Robinson Announces Acquisition of Dema Services: C.H. Robinson has acquired Dema Service, a provider of European road transportation services, including truck brokerage, freight forwarding and logistics.
- Delivering Efficiency for the Last Mile: As changing consumer behavior continues to impact the supply chain, businesses are looking to technology to efficiently keep up with the demand and processes.
- The Last Yard: The Final Logistics Frontier: In an extension of the last mile, the last yard takes an item not just to the porch or the shipping dock, but to the refrigerator, the sales floor or a specific spot on the manufacturing plant line.
- How Cainiao Plans to Digitize China’s Logistics Industry: Alibaba Group’s Cainiao Smart Logistics Network wants to speed up the digitization of China’s shipping industry and work with industry partners to create $7.25 billion in value for the industry over the next three years.
Technology & Dangerous Goods Compliance
Companies continue to invest in technology to digitize the supply chain. And some of these investments have been significant. In fact, Alibaba Group’s Cainiao Smart Logistics Network announced that it wants to speed up the digitization of China’s shipping industry and work with industry partners to create $7.25 billion in value for the industry over the next three years.
In her article for Alizila.com, Christine Chou highlighted that Cainiao’s plan is to roll out advanced technologies and services, such as a newly developed Internet of Things platform, across the country to enable that digitization. According the Chou, “The platform allows partners and developers to share information and establish standard protocols to help logistics firms deploy IoT solutions at scale.”
According to Daniel Zhang, Alibaba Group CEO and chairman of Cainiao Smart Logistics Network, “Only through building the digital infrastructure for logistics can we truly enable and push the industry forward.”
Cainiao efforts are part of an industry-wide push towards digitization. But industry success depends on individual companies making the investment within their own operations. And for dangerous goods companies, that means taking a digital approach to compliance – and then taking a step further by integrating compliance with their other enterprise systems as well as those of their supply chain partners.
A digital, connected supply chain can help dangerous goods companies improve performance, enhance customer service, lower operating costs and mitigate risk by ensuring each and every shipment is compliant. Fortunately, achieving this connected, efficient supply chain doesn’t solely rely on a large enterprise delivering a large tech platform that enables this to happen. It can be a strategic investment that will impact their operations and produce real, tangible results – both today and in the future.
What steps are you taking to create a more digital supply chain?
To learn more about Labelmaster’s dangerous goods software, visit https://www.labelmaster.com/software.
Labelmaster’s Dangerous Goods Information System (DGIS) is the leading SaaS solution to help companies more efficiently and accurately manage their Dangerous Goods shipments. DGIS validates your Dangerous Goods shipment data against the latest regulations, ensuring a more efficient supply chain and reducing friction found in Dangerous Goods shipments. DGIS is a certified partner/validation solution with ERP, transportation and warehouse management systems.
