Supply Chain Automation Starters
In the early days of ShipHawk, investors hadn’t yet realized the immense opportunity to fundamentally change transportation and logistics through technology. There weren’t many startups, and there were very few investments. Much of the conversation was that there hadn’t been much of a change since “we ditched the horse and buggy for a truck.”
Shipping API: An Overview
Shipping today is fragmented and opaque, and unfortunately most shipping API’s perpetuate that experience.
- Shipping API’s typically return quotes rather than rates, which introduces risk into pricing.
- Many don’t consider packing costs in their quote returns, making the landed cost non-transparent.
- Most shipping API’s don’t aggregate multiple modes, thus limiting service and cost options.
- They lack visibility into shipment status. Without updates between pickup and delivery, sellers and their customers are left in the dark.
XPO’s Dive into Trucking Raises Concerns, Prompts Ratings Review
CEO and Co-Founder Jeremy Bodenhamer was recently interviewed for an article published by The Wall Street Journal on XPO’s acquisition of logistics trucking company Con-way Inc.: XPO’s Dive into Trucking Raises Concerns, Prompts Ratings Review
Key Trend in the Supply Chain: Increasing Product Diversity
With the immense growth of online retail, there has been a huge impact on the supply chain. Not only has the supply chain become even more important to eCommerce, it has also become incredibly nuanced with constant innovations. Since efficient and effective supply chain management is a critical part of the eCommerce customer experience, there are several trends emerging from this part of the logistics landscape.
Innovations in the Supply Chain
Most brick-and-mortar retailers are looking for ways to innovate their supply chains to accommodate eCommerce, which is the largest growth channel within the omnichannel approach. “The largest U.S. retailers reported strong online sales in their second-quarter earnings reports this week, extending a trend that has seen e-commerce revenue expand far faster than store sales, and several said they are making strides in delivering goods to consumers more profitably,” writes Loretta Chao of The Wall Street Journal. In fact, one of the largest american retailers Target has seen the massive opportunity presented by the surge of eCommerce and is reinventing its supply chain in order to keep up with customer demand with more precise delivery windows.