Digital Supply Chain

With excess capacity and lower rates, the digital freight matching (DFM) market is keeping its eye on the ball as the segment ramps up to leverage AI to gain visibility and improve real-time monitoring capabilities.

A survey recently published by global management consultancy McKinsey, entitled the “Supply Chain Pulse,” highlighted the ongoing changes in the ways companies are managing goods flow processes, including sourcing new materials, manufacturing, and distribution, as it relates to global trade and commerce, which tallies $32 billion annually across goods and services.

Various media reports are indicating that Seattle-based digital freight broker Convoy is taking steps to wind down its business operations.

As more companies look to leverage big data and analytics, they are finding a digital supply chain is a must.