Supply Chain Moves: Week of March 4, 2019

Labelmaster Supply Chain Moves

SUPPLY CHAIN MOVES

Week of March 4, 2019

Linking technology news with Dangerous Goods compliance

Technology is helping create a digital supply chain that enables more intelligent and forward-thinking operations. For companies shipping and handling dangerous goods (DG), this modern approach must include compliance.

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

  • Is it Time to Replace Your WMS?: In response to pressures brought on by the omni-channel revolution, more and more retail distribution leaders are questioning whether their legacy warehousing software can keep up with the times.
  • Big Data’s Growing Pains: Big data analytics implementations are up, but satisfaction with those implementations is down. Why are companies frustrated with their attempts to harness the power of large sets of supply chain data?
  • The High Stakes of Warehouse Digitization: There continues to be tremendous investment being dedicated to the transportation side of the logistics industry, while warehouses and distribution centers have been relatively neglected despite extraordinarily high costs.
  • Shedding the ERP Dilemma: Many small and medium businesses consider themselves as ‘too small’ for ERP, but the mindset has changed with the availability of affordable Cloud ERP solutions and the benefits they offer.

3PL TECH


Technology & Dangerous Goods Compliance

It’s no surprise that artificial intelligence, machine learning, data science and other emerging digital technologies are becoming a part of nearly every supply chain aspect – whether companies are implementing them themselves or their solution providers are integrating them into their services and solutions. That’s because modern companies want the ability to better forecast supply chain needs, make data-driven decisions, and execute using automation. It’s also because solution providers themselves have continued to expand capabilities to meet these needs.

Case in point: Transplace is expanding its use of AI to help customers “increase efficiency, reduce costs and improve service,” as well as “improve process automation and service predictions.” While FourKites has launched a product that leverages AI to better predict freight arrival times and “to learn continuously from millions of monthly shipments and to analyze more than 150 data points for each load.”

As companies move towards modernization of their supply chains, integrating AI and other digital technologies will be paramount – especially for companies shipping dangerous goods. Supply chains will continue to become faster and more complex. More and more of their customers, suppliers and solution providers will further integrate these technologies and want their partners to do the same. All while more items will be classified as “hazardous” and have increasingly strict regulations around their handling and transport.

The supply chain is evolving and adoption of technology – across the supply chain – is critical. Not having a digital approach to compliance will only hinder organizations in their quest to achieve growth and competitive advantage.

Ask yourself: Is compliance part of your digital supply chain?


Simplify the Complexity of DG Shipping with Leading Technology — DGIS

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.

DGIS Partners

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