Week of March 6th, 2023
Linking supply chain news with dangerous goods compliance
Technology innovation can be found across the supply chain. From new and emerging technologies to enhanced capabilities within traditional systems, these innovations are already making an impact.
Let’s examine some recent developments.
SUPPLY CHAIN NEWS
- Technology Innovations in Supply Chains — Outlook for 2023: 2023 will see large-scale deployments of innovative technologies that will shape the future of supply chain operations.
- How Can 3D Printing Impact Supply Chains?: 3D printing is a disruptive invention that will have a significant influence on global supply chains and procedures.
- 3 Supply Chain Challenges AI is Solving: Addressing the truck driver shortage and matching capacity with demand are just some of the ways AI can help can address and alleviate major challenges in the trucking industry.
- Top 10 Uses of Blockchain in Supply Chain: Blockchain tech is revolutionizing supply chain management through increased transparency, security, and efficiency. Here are 10 uses of it in SCM.
- 65% of Supply Chain, Logistics Firms Plan More Tech Investment: Survey: 65% of companies plan to increase spending in technology innovation investment and deployment over the next two years, according to a survey of 1,000 supply chain and logistics decision-makers.
- Innovations to Supply Chain and Logistics: Where Are They Happening?: Descartes studied 1,000 supply chain and logistics executives in North America and Europe, to determine where they’re placing their innovation emphasis and technology deployment focus.
OUR PERSPECTIVE
- Technology doesn’t guarantee compliance. While attention (and budget) is often given to newer advancements like AI and blockchain or the larger, established tools like TMS, WMS and ERP, organizations cannot overlook compliance. Implementing an automation solution isn’t enough as many platforms lack the functionality to specifically address the DG shipping processes.
- Compliance must be integrated. Compliance impacts nearly every part of the supply chain. As new technologies emerge and are incorporated into supply chains, businesses must also evolve their compliance processes and systems to keep pace. It’s important to consider how your existing compliance processes will either enhance or hinder your other technology investments and look for ways to integrate compliance into other systems.
- Start with the end in mind. When evaluating and investing in technologies, organizations should begin by defining their overarching goal, whether it’s to streamline operations, enable faster shipping, mitigate risk, increase revenue or something else. For DG shippers, no matter the overarching goal, repeatable, reliable, safe and expedient DG shipping is sure to play a critical role. Only then can they implement the necessary compliance processes and systems to help achieve their goals.
To learn more about dangerous goods software or how to establish a safer, more compliant supply chain, visit https://www.labelmaster.com.
Have questions about dangerous goods transport? Call the Labelmaster Regulatory Hotline at 1.800.621.5808.
