Compared to other regions, telematics in Latin America has historically been more focused on risk management. However, some markets like Brazil are beginning to mature while other new markets like Chile, Colombia, Peru and others are not as focused on security, proving that fleet management in Latin America is finally moving to other applications.
According to a new survey of 600 executives from Deloitte "” "The Ripple Effect: How Manufacturing and Retail Executives View the Growing Challenge of Supply Chain Risk" "” global executives are increasingly concerned about the growing risks to their supply chains and costly negative impacts such as margin erosion and inability to keep up with demand.
American International Group (AIG) has introduced a new product under its NextGen Protection family to address requirements of transportation and logistics industry. Over Â£73 million has been awarded from Round 2 of the Advanced Manufacturing Supply Chain Initiative (AMSCI) to 12 national supply chain projects, and a further Â£140 million will be invested by business.
BT Global Services provides managed networked IT services for business and government organizations around the world. Its expertise begins at home, says Keith Sherry, the company's general manager of supply chain solutions. BT procures some $16bn in products and services for 30,000 engineers and 1.3 million customers.
Properly planning for the unplanned - a supply chain disruption of any kind and for whatever reason - means optimizing your distribution center network, having the right modes lined up to transport your goods to market, and ensuring that you choose the best ocean port, says John A. Moseley, general manager, trade development, at the Port of Houston Authority. It also means having a backup port just in case.
Analyst Insight: The generally low-margin and high-waste food & beverage sectors will continue to increase their technology investments in 2012. Traceability, quality and fulfillment technologies are emerging with strong ROI, though compliance and traceability get much of the attention. No doubt global regulations on food safety may be somewhat of a catalyst, but companies say that the benefits are what really drive their investments. - Ann Grackin, CEO, ChainLink Research