MTS Logistics

MAY 10, 2024

AI-Powered Optimization for Port Operations Data-Driven Decision-Making: AI algorithms analyze historical data, real-time information, and external factors to optimize port operations. For example, if a vessel is delayed due to adverse weather, port operators can adjust resource allocation accordingly.

Supply Chain Software 102

Supply Chain Software Supply Chain Planning Software Optimization Software Automation 102

Freightos

MAY 1, 2024

More Resources Home May 1, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices increased 23% to $4.37/kg.

Data 93

Data Logistics Network Optimization Software Freight Cargo 93

The Logistics of Logistics

APRIL 26, 2022

Shortages of drivers is just one of the contributors to the difficulties shippers are having in securing the truck capacity they need. Michelle Sodomka, a Senior Director in charge of Open Sky Group ’s transportation management practice has 15 years’ experience in risk analysis and mitigation within the logistics industry.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Trucking Freight Supply Chain Planning Software 221

Logistics Viewpoints

SEPTEMBER 4, 2023

It can move quickly from a situation where there is too much capacity in the market and buyers having the whip hand, to a situation where shippers are begging carriers to take their loads at almost any price. Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane.

Procurement Solutions 124

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 124

CH Robinson Logistics

SEPTEMBER 28, 2021

This begs the question: Even if the industry gets more truck drivers, just how much is enough to relieve the strain on trucking capacity? The answer is not simple and involves research and analysis across a number of factors. How many more truck drivers are needed to balance demand for truck transportation with the supply of capacity?

Trucking 116

Trucking Blog Supply Chain Planning Software Supply Chain Design Software 116

Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe – N.

Negotiating Skills 114

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 114

IoT World Today

FEBRUARY 6, 2020

“Of course, you can build more tracks and there are places in the Netherlands where it would be easy to do this, but in areas like the Randstad conurbation, where extra capacity is needed most, it’s going to be difficult,” said Pier Eringa, CEO of ProRail in an article on the railway’s efforts to boost capacity and speed.

Efficiency 135

Efficiency Networks Optimization Software Training 135

Logistics Viewpoints

APRIL 10, 2024

For example, a robust supply chain may have backup power generators, firewalls, security systems, and emergency plans to prevent or mitigate the effects of disruptions. For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems.

Supply Chain Planning Software 152

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 152

FreightWaves SONAR

FEBRUARY 25, 2021

Enterprise shippers need a proactive strategy to secure capacity One of the biggest challenges that shippers face remains to secure capacity. Along with this keeping, the fleet loaded to maximum capacity is essential. It always goes back to using data as a best practice for all aspects of freight management.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

Logistics Viewpoints

DECEMBER 12, 2023

A WES autonomously gathers real-time signals from across the warehouse, then applies artificial intelligence (AI), machine learning (ML), and data science to create plans and solve problems. Today’s warehouse environment is too complex and fast-moving to manage effectively via human cognition, as well as manual planning and analysis.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 170

Blue Grace Logistics

JULY 27, 2021

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. The presence of data throughout the supply chain is vital to its evolution.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

FreightWaves SONAR

DECEMBER 29, 2020

However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. And it’s in this space where big data analytics can add the most value.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

Airfreight Logistics

AUGUST 9, 2020

Global air cargo volumes continued to show a ‘gradual but consistent’ month-on-month recovery in July, increasing by 8% over June, according to the latest air cargo market analysis by CLIVE Data Services. versus June 2020 but was still 8% higher year-on-year.

Cargo 36

Cargo Data Logistics Network Optimization Software Capacity 36

FreightWaves SONAR

APRIL 29, 2021

Using SONAR data in contract negotiations with carriers and 3PLs. . Greater efforts to mitigate volatility in freight costs, such as using more dedicated capacity or making larger use of private fleets. Monitor container volumes at origin into the future to gain insight into demand-driven pressures on capacity (and rates).

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

FEBRUARY 16, 2021

By using strong management and analysis processes, supply chains can maximize value and stay competitive. Streamline data capture and analysis. Failure to use data and apply it accordingly within the fleet will lead to problems securing loads, offering competitive freight rates , and keeping drivers in trucks.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

MTS Logistics

DECEMBER 20, 2023

Elastic logistics is becoming a shining example of efficiency and cost savings due to its capacity to dynamically react to changing demand by expanding or reducing operations. Real-Time Data Elastic logistics is largely dependent on real-time data analytics, which offer precise, current supply chain information.

Supply Chain Software 83

Supply Chain Software Supply Chains Inventory Reduction Cost Reduction 83

3PL Links

MARCH 29, 2023

Internet of Things With the help of devices like smartphones, for example, it is now feasible to operate domestic appliances and industrial machinery thanks to the internet of things, which involves the integration of the widest range of electronic goods through an internet connection.

Trends 107

Trends Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 107

FreightWaves SONAR

NOVEMBER 9, 2020

This week, learn how freight market participants, especially trucking carriers , rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations and the freight market at large. What are the ULSDR data and FUELS indices?

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

Logistics Viewpoints

JULY 19, 2021

Svend Lassen, head of reporting & data analytics for commercial and supply chain at Tata Steel Europe, explained that there needs to be a clear understanding of how any digital project will improve margins before the project is approved. “We Planners come up with data-proven forecasts on what the market may buy.

Supply Chain Planning Software 159

Supply Chain Planning Software Scenario Planning Negotiating Skills Logistics Network Optimization Software 159

SYSPRO Smarter ERP

DECEMBER 19, 2022

They have become applicable because the large amount of data they require is now created and stored by businesses, thanks to advances in computer technology. It uses historical data and applies statistical techniques to allocate resources in the most effective way to satisfy competing requirements. Inventory optimization.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

3PL Links

DECEMBER 28, 2023

The primary logistics trends for 2024 are shown below, along with examples of how some of the industry’s top businesses are already incorporating them into their plans. Strategic API integration allows logistics organizations to get almost real-time data and updates about orders and shipments. Check out below: 1.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

FreightWaves SONAR

FEBRUARY 25, 2021

Enterprise shippers need a proactive strategy to secure capacity One of the biggest challenges that shippers face remains to secure capacity. Along with this keeping, the fleet loaded to maximum capacity is essential. It always goes back to using data as a best practice for all aspects of freight management.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

Material Handling and Logistics

JANUARY 8, 2018

For example, an analysis carried out by AIR on the potential impact of Hurricane Harvey on regional manufacturing found that, based on percentage of the total potential revenue loss, the top three subsectors are petroleum and coal products manufacturing (37%), chemical manufacturing (13%), and oil and gas extraction (12%).

Supply Chains 142

Supply Chains Cost Reduction Examples Events 142

EazyStock

OCTOBER 31, 2022

Demand planning has two main functions: determining the right inventory levels to meet demand and helping inventory managers with capacity planning to use space and resources most efficiently. Demand planning software can help you analyze data quickly to ensure your data remains relevant. Why is demand planning important?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

Demand planning has two main functions: working out the right inventory levels to meet demand and helping inventory managers with capacity planning to use space and resources most efficiently. While you can do demand planning manually, managing data in multiple spreadsheets makes it harder to analyze and bring together usefully.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

GlobalTranz

JUNE 13, 2016

However, inconsistencies in service levels, including the use of inaccurate data, an economy that hinges on the state of foreign markets (think China), and changes to regulations and labor requirements are continuing to impact the capacity of the shipping industry. Capacity Is Tight, Not Impossible. Cassidy of JOC.com.

Capacity 49

Capacity Cost Reduction Price Reduction Waste Reduction 49

CH Robinson Logistics

AUGUST 17, 2021

Ocean demand continues to exceed global capacity, with no sign of slowing down. Pandemic-induced travel restrictions reduced commercial air capacity dramatically. are also creating backlogs and congestion at terminals that’s exacerbated by lack of warehouse capacities. For example, for one C.H. Ocean Shipping.

Supply Chain Software 133

Supply Chain Software Cargo Supply Chains Reliability 133

SYSPRO Smarter ERP

DECEMBER 19, 2022

They have become applicable because the large amount of data they require is now created and stored by businesses, thanks to advances in computer technology. It uses historical data and applies statistical techniques to allocate resources in the most effective way to satisfy competing requirements. Inventory optimization.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

Parade

MARCH 18, 2021

Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. Meanwhile, the added data visibility allows brokers to forecast future contracted freight and plan accordingly. Here are a few beneficial types of data you can collect by using a truckload pricing tool.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. Meanwhile, the added data visibility allows brokers to forecast future contracted freight and plan accordingly. Here are a few beneficial types of data you can collect by using a truckload pricing tool.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. Meanwhile, the added data visibility allows brokers to forecast future contracted freight and plan accordingly. Here are a few beneficial types of data you can collect by using a truckload pricing tool.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

GlobalTranz

APRIL 20, 2021

Utilize a TMS That provides real-time data to remain agile. Many companies rely on data that may lag several days. Look for a TMS or a managed transportation services provider with the technological capability to provide real-time data to drive optimized decision-making. During a crisis, that’s entirely too late.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Logistics Business Magazine

MARCH 25, 2021

The capacity of their sortation and distribution systems often decides on their competitiveness. They are prepared for future capacity forecasts. Better processes with the support of data analysis. The data analysis helps to increase the availability and performance of the sorters, keyword “machine learning.”

Optimization Software 71

Optimization Software Logistics Network Optimization Software Trends Production 71

Logistics Business Magazine

AUGUST 12, 2021

Omnichannel, where a consumer, for example, might buy online, collect in store and pick up another item there, then return something by mail. For example, cancellations of orders fall if long term lead time information is more detailed. Airfreight availability is reduced due to lower belly capacity with fewer passenger jets flying.

Supply Chains 69

Supply Chains Purchasing Skills Sourcing Strategies Price Reduction 69

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning. The use cases just keep expanding.

Supply Chain Design Software 123

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 123

Logistics Viewpoints

MARCH 8, 2021

For example, go to the Walmart, turn right, and it is the third house on the left. The solution can answer questions like where should new production or distribution capacity be located to optimally accommodate anticipated growth in demand? From a process perspective, an analysis is not enough. Logistics can be a challenge.

Supply Chain Design Software 155

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 155

FreightWaves SONAR

MARCH 15, 2021

Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. SONAR Lane Acuity Plus provides lane-level insight into market stability and rate benchmarking , helping participants identify freight rate and capacity risk on a lane. . WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98