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6 Steps to conduct a freight spend analysis

FreightWaves SONAR

But more analyses are a hard-sell for busy logistics managers. According to Talking Logistics with Adrian Gonzalez , “Transportation professionals are so consumed with managing immediate needs that it’s often difficult for them to step back and consider longer term strategic objectives.” Gather data for the analysis.

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My Thesis on FOMO for Logistics and Supply Chain Technology Has Stood The Test of Time

10xLogistics

Paraphrase: "We reduce the logistics' cost as % of GDP which results in lower costs for goods and services, which lifts the standard of living for all Americans" - Don Schneider Don Schneider That phrase, while I many not be getting it word for word, has stuck with me from the day I met him almost 30 years ago.

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The Role of Logistics Management in Optimizing Supply Chain Operations

Locus

Logistics management is an essential part of supply chain management and is crucial in achieving operational efficiency, reducing costs, and boosting customer satisfaction. Logistics management utilizes advanced technology and data analysis to optimize logistics processes and enable informed decision-making.

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What is Lean Logistics? 5 Ways to Manage Lean Logistics Effectively

3PL Links

Lean management is now universally recognized as the norm for industrial businesses. What does this signify for supply chain management and logistics? Like other businesses, logistics is experiencing a rapid change in client demands. Lean IT can use lean management as well. The representation, though, is downstream.

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The State of the Trucking Market in 2021

GlobalTranz

United States Business Logistics Costs fell by around 4% to end up at an estimated$1.56 Access to real-time data and the ability to perform real-time analysis ?enables enables businesses to make data-driven decisions to drive efficiency into the supply?chain.?Descriptive transportation management optimization ?to

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The Role of Data Analytics in Supply Chain Management

3PL Links

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.