Latest Supply Chain News: People, Stats, Awards, and Acquisitions: Week of July 20, 2020

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News from riskmethods, Arrive Logistics, Blue Yonder, Convoy, and more this week in SCM & Logistics.

PEOPLE NEWS

riskmethods Names New CEO

riskmethodsOpens a new window , a supply chain risk management company, has announcedOpens a new window Patrik Heider as the company’s new Chief Executive Officer, joining riskmethods in January 2020. He will be responsible for the company’s business operations, with a strategic focus on driving sustainable global growth.

Arrive Logistics Promotes Michael Senftleber to Chief Technology Officer

Arrive LogisticsOpens a new window , a people-first freight broker powered by technology, announced the promotion of Michael Senftleber to Chief Technology Officer. Senftleber will be leading the Arrive Edge team to partner with Arrive Logistics transportation partners and internal users to build technologies that drive efficiency, transparency, and best-in-class service.

Tech News: Latest Supply Chain News: People, Stats, Awards, and Acquisitions: Week of July 13, 2020Opens a new window

PARTNERSHIPS

HERBL Developing New Supply Chain Backbone with Blue Yonder

Supply chain solutions company HERBL announcedOpens a new window that it is developing an end-to-end supply chain and fulfillment backbone with Blue Yonder’s Luminate Platform as its foundation. The platform will deliver accurate inventory visibility, associated data transparency, and more exceptional forecasting performance, ensuring the right products get to the right places at the correct times.

PRODUCT NEWS

Coyote Logistics Enhances Supply Chain Efficiency

Global third-party logistics (3PL) provider Coyote LogisticsOpens a new window expanded its Dynamic Route Optimization program, with the aim of enhancing supply chain efficiency streamlining supply chain operations, and reducing uncertainty for carriers by maximizing fleet effectiveness and delivering load consistency through optimized weekly routing plans.

“By creating suggested weekly routing plans optimized for each carrier, we’re able to offer confirmed weekly loads and rates to drivers, while improving dependability for shippers,” Nick Shroeger, Chief Network Solutions Officer, told Toolbox about the product enhancement.

Tech News: Latest Supply Chain News: People, Stats, Awards, and Acquisitions: Week of July 13, 2020Opens a new window

Convoy Makes Work and Income Predictable

ConvoyOpens a new window , a digital freight network, introduces a dedicated freight app for owner-operators and small fleet carriers.The Convoy mobile app reduces the time spent securing individual loads, enabling carriers to focus on driving and generating revenue.

RESEARCH, SURVEY, STATS

76% Companies Globally Believe a Mobile-First Strategy Will Enhance Customer Experience: SOTI Survey

SOTI surveyed transportation and logistics industry professionals across U.S., Canada, UK, Germany, Sweden, and Australia and combined the outcomes in a report titled The Last Mile Sprint: State of Mobility in Transportation and LogisticsOpens a new window . The survey’s key findings are that almost 76% of companies feel an effective mobile-first strategy for last-mile delivery enables more robust and transparent customer experiences. In comparison, 50% say that their outdated tech will make them lose customers.

Tech News: Latest Supply Chain News: Week of June 15, 2020Opens a new window

73% Experienced Supply Chain Disruptions due to the pandemic: Resilience360 and Business Continuity Institute Survey

Resilience360 and Business Continuity InstituteOpens a new window studied the impacts of COVID-19 on the supply chain industry, and the outcomes indicate that almost three fourths of companies have experienced a disruption in their standard supply chain. Almost 30% have built the opinion that they would now depend more on local suppliers rather than sourcing from far-east.

EVENT NEWS

Virtual Supply Chain Summit

Alcott Global;s Virtual Supply Chain SummitOpens a new window took place on July 16, 17, and 18, 2020, where the key theme was “Preparing for the Recovery After COVID-19”.

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