Rygen Technologies is a premier supply chain technology provider, that enables any company to quickly, easily, and efficiently execute and manage freight, connect with partners, and unlock data insights for their supply chain. With emphasis on advanced technology and exceptional customer service, Rygen is fueling the creation of smarter, data-driven solutions that deliver real value and solve real business problems.
Halloween decorations on the shelves and pumpkin spice in the air. You know what that means? It’s peak season for logistics!
In the past, the peak season began the Friday after Thanksgiving and often lasted until New Year’s Day. However, for several reasons, this trend is changing faster than the leaves outside.
Will there be a peak season in 2024?
Some indications point to a flat peak season. Consumer behavior continues to be impacted by inflation, making customers more price sensitive as they are opting for slower, less costly transportation. If you don’t really need a gift overnight, why pay extra charges, right?
With varying factors and indicators, shippers must prepare for a variety of supply chain demands and be able to pivot quickly if their original strategy turns out to be lacking, given changing circumstances.
This is why technology is so valuable to supply chain managers. A best-in-class Transportation Management System (TMS) and an advanced integration tool to quickly and seamlessly connect your systems are two of the most important supply chain technologies, regardless of the time of year. Solutions that leverage Artificial Intelligence (AI) also provide valuable business intelligence and empower supply chain managers to anticipate trends and make informed decisions in real-time.
Will peak season be early?
While some analysts predict a flat season, others predict an earlier peak season for a variety of reasons. Industry experts say that consumers are opting for cheaper and slower shipping options while retailers are stocking up. Others contend that the peak season is early, possibly because shippers are anticipating the possibility of a strike by dockworkers in the east coast and Gulf Coast ports this fall.
The most wonderful time of year
Although the end of the year is usually referred to as “the most wonderful time,” for the logistics and supply chain industry, it’s a bit harder to predict when it is, let alone even how wonderful it will be. Regardless, top-of-the-line logistics technology should be on every supply chain manager’s wish list this year.
