2023 Manufacturing Trends Survey, conducted in collaboration with more than 240 professionals from a variety of manufacturing sectors across North America.
Achieving a balance between fleet safety and efficiency is a complex and challenging task. This challenge is complicated by labor shortages, the demand for faster delivery times, narrow delivery windows, and new safety regulations.
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It is clear that under these circumstances, where demand is volatile, supply uncertain, and capacity short, manufacturing needs to adopt a digital supply chain twin to obtain resilience and an end-to-end visibility across your supply chain to make the right decisions. But where do you begin?
Supply chain businesses operate on thin margins and sustained cost pressures, bottlenecks, and transportation labor issues can significantly chip away at profits. The solution is to drive further efficiencies and squeeze more benefits from existing supply chain operations year after year.
After three years of crisis, the data show that supply chain conditions are improving. That will allow supply chain leaders in 2023 to resurrect initiatives that may have been sidelined — including data and digitalization programs and sustainability efforts.
Transportation chaos and unprecedented rate increases characterized the COVID-19 marketplace. Many of those conditions are beginning to abate but cargo markets will begin to heat up again in 2023.