When it rains, it pours. With the 2020 hurricane season beginning while supply chains worldwide are still dealing with widespread disruptions from the coronavirus pandemic, that old saying feels particularly relevant right now. And this hurricane season could be a challenging one. The National Oceanic and Atmospheric Administration (NOAA) predicts that there is a 60% […]
A Coronavirus Supply Chain Success Story: Public-Private Team Effort to Get Logistics Tech to 1st Responders »
As the CEO of a supply chain visibility technology company, I am well aware of the irony of my own firm becoming a victim of supply chain disruption. But as the world deals with the immense and unprecedented impact of the coronavirus, even Savi was not able to avoid supply chain issues. When your customer […]
How IoT Is Helping Chemical Supply Chains Increase Agility »
Over the last ten years, the U.S. has become flush with inexpensive gas and petrochemical feedstocks, a result of the shale-drilling revolution. Now, US producers have an abundance of petrochemical products and plastics available. Because U.S. markets haven’t been able to absorb the massive capacity increase, chemical companies have turned to overseas customers. However, shipping […]
The Impact of Innovative Supply Chain Management Tools on Working Capital »
PwC, in its 2018/2019 report titled “Navigating Uncertainty: PwC’s Annual global Working Capital Study”, provides a comprehensive overview of global trends in working capital management by region and by sector. The insights and conclusions speak to the impact of using traditional tools to manage working capital. However, the report stops short of addressing the impact […]
How the Internet of Things Enables Agile Supply Chains »
This year, Internet of Things (IoT) devices and services are expected to reach an adoption rate of 18 to 20%, and this number is predicted to reach nearly 100% by 2030. Regardless of this growing adoption, some organizations are on the fence about implementing IoT technologies due to uncertainties around whether they are equipped to […]
Gartner 2019 Supply Chain Executive Conference Recap: An Era of Digital & Physical Convergence »
Savi attended the Gartner Supply Chain Executive Conference again this year in Phoenix. It was exciting to be at the intersection of smart people in the industry, clients that inspire, and technology innovation. One thing I’ve noticed at supply chain conferences over the last 10 years is that “digitization” has been like the weather —everybody […]
TPM 2019 Recap–Embracing Technology to Address Capacity, Transparency and Risk in Ocean Shipping »
Last week, the Savi Team once again attended the 2019 Trans-Pacific Maritime (TPM) conference in Long Beach, California. This year, the team detected a noticeable shift in the conversation. TPM 2018 sessions discussed similar topics regarding ocean shipments, but now, there was an overarching, persistent dialogue about the influence of technology in global transportation. Supply […]
Manage Your Supply Chain Risks with End-To-End Visibility »
Imagine a company sends out a truck shipment with high-value goods on board. Everything is going according to plan–the truck is scheduled for on-time delivery and the goods are safe and secure. But then, something goes wrong. It could be extreme winter temperatures disrupting the stability of the goods. Or, it could have something to […]
Savi’s Data Scientists Talk to Tomorrow’s Coders at Riverside Elementary School STEAM »
Yesterday was a field day! Brian Moran, former VP of Product, asked us if we wanted to meet with Riverside Elementary School STEAM students to give them an inside view of what it is like to be a coder and data scientist. Of course, we said yes! Two of our data scientists, Heather Krieger and […]
How Is Your Company Hedging the Increased Risk Tariffs Bring to Your Supply Chain? »
In September, the U.S. placed $200 billion worth of tariffs on Chinese imports–on top of the $50 billion worth already taxed earlier this year. As a result, nearly half of Chinese imports into the U.S. face levies. With the new tariffs the U.S. has added to international trade deals, having an agile and flexible supply […]
For CFOs’ Eyes Only: Unlock More Cash from Supply Chain Working Capital »
Companies have long struggled with the challenge of unlocking cash from working capital. Historically, cash flow has improved by shortening collections and extending payments, but this is not done without risk. Namely, the relationships with key customers and strategic vendors may be strained in the process. On top of this potential pressure, these two levers […]
Combat Rising Transportation Costs and Driver Shortage With Supply Chain Analytics »
The shipping industry plays a critical role in world economics. Its immense power stems from its ubiquity–in every sector, you will find shipping and a supply chain. An essential component of the shipping industry is trucking, which many companies and industries prefer because of its low cost, refrigeration potential, and fast delivery time. Today’s driver shortage is […]
Top Ways Artificial Intelligence (AI) Can Maximize Your Supply Chain »
Artificial intelligence is in the news a lot these days. Though it used to be that AI was only found in science fiction films like Star Wars or Terminator; today it’s wound its way into everyday life. From Siri to Netflix we’ve become so used to AI experiences that we’re no longer amazed by them. […]
How Analytics Can Help Shippers Combat Rising Intermodal Transportation Costs »
Intermodal Transportation Landscape In a 2017 American Shipper Report on global sourcing, 58% of shippers indicated that their biggest concern today is rising intermodal transportation costs. In the last few months, shipment volumes and expenditures have increased significantly year over year—an 11.9 percent increase in volume and a 17.3 percent increase in spending—according to another American […]
Pharmaceutical Supply Chains Need Supply Chain Visibility Tools »
The pharmaceutical industry is a huge global business with an intricate supply chain that demands visibility and transparency. The top drug-makers are conglomerates, with divisions and research arms located across multiple geographic regions operating across complex partner ecosystems. Adding to the complexity, partners may own entire segments of the value chain, making effective supply chain […]