Kuebix, creator of a transportation management system that delivers freight intelligence, surveyed transportation and supply chain professionals on what they believe to be the biggest challenge facing supply chains in 2019.
All 554 submissions were gathered via anonymous surveys to ensure accuracy and impartial results. Respondents believe that the driver shortage/capacity crunch will be the biggest challenge for supply chains in 2019, with this challenge receiving over 44% of total votes.
Here are the full results of the survey:
- The capacity crunch/driver shortage – 44%
- Rising freight costs – 24%
- Managing customer expectations – 10%
- Lack of visibility and collaboration – 8%
- Final mile shipping – 7%
- Implementing a TMS – 5%
- Other – 8%
Respondents who opted to write-in their own answer by selecting "other" noted issues such as damages to products in transit, temperature control shipping, optimized inventory management, and lead-time reduction.
The American Trucking Associations (ATA) estimates that there will be a shortage of more than 100,000 truckers by 2022 as Baby Boomers age out of the workforce and millennials fail to take up the mantle. The growth of e-commerce is also increasing the need for capacity as more and more consumers order online and expect rapid final mile delivery to their homes.
The driver shortage and capacity crunch are forecasted to worsen over the next few years, according to Keubix. During 2019, companies need to position themselves with the necessary tools to grow relationships with carriers, secure much needed capacity, and maximize the trucks they are able to secure.
Originally posted on Work Truck Online