SCD: UPS, FedEx fuel surcharge hikes to heat up delivery prices
SUPPLY CHAIN DIVE reports: FedEx and UPS’ index-based fuel surcharges are adjusted weekly based on prices ...
Supply Chain Dive writes:
Manufacturers who previously looked at data, analytics, IoT and robotics to drive efficiency now see them as tools to increase resiliency during uncertain times.
Manufacturers and suppliers are taking a second look at digital transformation as they strive to operate in the new uncertainty of COVID-19. While they previously looked to technologies such as data, IoT, robotics and analytics to drive efficiency, they’re now viewing them as a means to increase resiliency in disruptive times.
“COVID-19 is vastly accelerating digital transformation,” Mary Long, director of the Supply Chain Forum at the University of Tennessee Knoxville, told Supply Chain Dive.
As the pandemic has thrown the world into economic upheaval, manufacturers and supply chain leaders are reconsidering digital initiatives that previously sat on the back burner, Long said.
“We just took a huge leap forward. Companies that have always taken the safe, always-as-it-was approach are suddenly looking at anything that takes touches out of the system,” she said.
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