Remove 2019 Remove Blog Remove Data Remove Tools
article thumbnail

Data key to tackling forecasting challenges

FreightWaves SONAR

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022. and Target Corp.

Data 52
article thumbnail

Freight and trucking data: how historical and contract load tender data create a trucking rate predictor

FreightWaves SONAR

Freight and trucking data makes for an excellent resource for shippers and logistic service providers (LSPs) alike. The data obtained from historical and contract load tender information creates a valuable tool – a trucking rate predictor. And it’s important to know why tendered, non-paid data can add so much weight.

Data 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 data prerequisites for carrier predictive freight rating in logistics

FreightWaves SONAR

Up until the end of 2019, more than half of the carriers were unprofitable. And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Of course, it is also critical to apply data across all activities to identify which loads are ripe for the taking.

Data 88
article thumbnail

Supply Chain Management Trends 2019

EazyStock

What are the primary supply chain management trends for 2019? The technology acts as a bridge between the digital world and physical reality by using sophisticated sensors on physical components to gather data such as working condition, real-time status, or position. Augmented Analytics. Supply Chain Disruption: US-China Trade War.

article thumbnail

March 2019 Automation Hero: Kevin Skau of Design Ready Controls

EazyStock

Currently, we have automated the return of dynamic lead times from EazyStock and the transfer of historical and daily data between EazyStock and our ERP system, ECi M1. What other automation tools do you use? Our manufacturing still relies heavily on hand tools and people. Fill out our contact form to learn more! .

article thumbnail

Automation Hero September 2019: Peer Dahlgren of Proffsmagasinet

EazyStock

We are an eCommerce company, selling tools online, that has experienced strong growth year-over-year for the past 5 years, and we all working hard to constantly improve our business and our work processes. Our ambition is to be as data-driven as possible in our daily tasks and business decisions. Fill out the form: contact us !

article thumbnail

What Is Supply Chain Predictive Analytics & Why Should Freight Pros Care

FreightWaves SONAR

According to Supply Chain Dive , “The number of supply chain professionals who say they’re currently using predictive analytics at their company has grown 76% from 2017 to 2019, according to a Supply Chain Dive analysis of the annual MHI Industry Report.” Leverage IoT-enabled sensors to collect more data.