IoT World Today

MAY 21, 2020

Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

Ship Monk

NOVEMBER 1, 2022

However, the element that takes our shipping solutions to new heights is our “Virtual Carrier Network” (VCN). What is a Virtual Carrier Network? ShipMonk’s Virtual Carrier Network (VCN) is an advanced transportation management strategy that guarantees orders are delivered on-time at the best possible rate.

Networks 52

Networks Negotiating Skills Inventory Reduction Cost Reduction 52

Penske Move Ahead

JANUARY 28, 2021

Putting the right distribution network in place is critical for performance, especially as complexity and uncertainty increase. Supply chain network design — the process of determining a supply chain's physical configuration and infrastructure — is a powerful, strategic tool that executives can use to optimize a supply chain's functionality.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 64

Logistics Viewpoints

SEPTEMBER 19, 2023

To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supply chains to collaborative supply networks and actively design their supply chains. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 139

FreightWaves SONAR

MARCH 25, 2022

Once users upload their lane-level data for analysis, they can quickly click over to the SONAR “Network View” to see the average benchmark rate and fuel for each origin market. FreightWaves is also adding the Global Supply Chain Pressure Index (GSCPI) to the list of available data in its SONAR platform.

Data 52

Data Supply Chain Software Supply Chains Tools 52

Logistics Bureau

APRIL 12, 2021

I’ve noticed a trend in recent years in that when businesses want to check their distribution networks or design a distribution network , they immediately jump into loads and loads of detail. Four Ways to Streamline Your Network Design. I’ve been doing network design for all of 25 years. The Detailed Study Method.

Supply Chain Design Software 68

Supply Chain Design Software Supply Chain Design Distribution Networks 68

SYSPRO Smarter ERP

MAY 2, 2024

The other emerging area around AI in ERP focuses on trend analysis and forecasting. Although machine learning models have been in place for some time, they are now becoming much more prevalent because of the high volumes of data in ERP systems. These range from data migration to integration, security and training.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. Leverage External Data – Integrate market-shifting factors into forecasting models.<br>-

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 139

Logistics Viewpoints

APRIL 10, 2024

Baltimore is one of the busiest ports on the east coast, and the bridge collapse was not only a tragedy, but a reminder that supply networks remain fragile and disruptions are not always anticipated. The port handles about 11 million tons of cargo per year, including automobiles, containers, coal, and farm products.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 150

AIMMS

SEPTEMBER 17, 2019

We wanted to have a robust analysis that we fully understood. But the speed of analysis did not match the speed of decision-making required by the business. We thought our only choice was to upgrade to the vendor’s costly new network design package. Are you struggling with unsupported network design software for now?

Supply Chain Design Software 102

Supply Chain Design Software Modeling Software Supply Chain Software Supply Chain Design 102

GlobalTranz

JULY 28, 2021

There are many working parts, network partners, and opportunities for things to go wrong that some are often overlooked. True optimization applies data to ensure all decisions and processes are carried out to their fullest potential. How Managed Transportation Enables Ongoing Optimization Across Your Network.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

Parade

JULY 17, 2019

Freight brokerages who want to benefit from technology solutions like Parade must first be willing to give their technology partners access to data about their carriers and load opportunities. However, in sharing your data with a third party, there are concerns about 1) How they will use your data, and 2) Who they will share your data with.

Security 60

Security Data Optimization Software Optimal Sourcing 60

Parade

JULY 17, 2019

Freight brokerages who want to benefit from technology solutions like Parade must first be willing to give their technology partners access to data about their carriers and load opportunities. However, in sharing your data with a third party, there are concerns about 1) How they will use your data, and 2) Who they will share your data with.

Security 60

Security Data Optimization Software Optimal Sourcing 60

Parade

JULY 15, 2019

Freight brokerages who want to benefit from technology solutions like Parade must first be willing to give their technology partners access to data about their carriers and load opportunities. However, in sharing your data with a third party, there are concerns about 1) How they will use your data, and 2) Who they will share your data with.

Security 60

Security Data Optimization Software Optimal Sourcing 60

Log-hub

MAY 22, 2024

The Role of Analytics in Multi-Tier Supply Chain Management Analytics in multi-tier supply chains involves the use of data-driven techniques to gain insights into supply chain operations. Type of Multi-Tier Supply Chain Analytics DESCRIPTIVE ANALYTICS : Involves analyzing historical data to understand past performance and identify trends.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

The Role of Analytics in Multi-Tier Supply Chain Management Analytics in multi-tier supply chains involves the use of data-driven techniques to gain insights into supply chain operations. Type of Multi-Tier Supply Chain Analytics DESCRIPTIVE ANALYTICS : Involves analyzing historical data to understand past performance and identify trends.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Talking Logistics

APRIL 17, 2018

Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. Supply chain leaders are wanting their organizations to be data-driven.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 69

Chronicled

APRIL 2, 2020

More than 95% of medication resold in the US will be verified on the MediLedger Network. Today we are excited to share a brief preview of our newest commercial solution launching in April, 2020 on the MediLedger Network: Contracts & Chargebacks. No data needs to be shared with 3rd parties?—?all

Procurement Solutions 52

Procurement Solutions Price Reduction Networks Manufacturing Procurement 52

Logistics Viewpoints

SEPTEMBER 4, 2023

This RFP taught Simmons Foods just how fluid their network was. Further, customers’ buying patterns were so variable, that 30% of the lanes they procured freight for were new to the network. Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane. An RFP is a data intensive exercise.

Procurement Solutions 122

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 122

GlobalTranz

NOVEMBER 19, 2015

6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. In this post we will talk about how you can improve your transportation management program by focusing on using data, extracted from the use of technology, such as a transportation management system, that then people can use to continuously improve.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

SYSPRO Smarter ERP

FEBRUARY 14, 2024

Additional measures that can be taken together with multi-factor authentication, is to subdivide the production network into secure compartments using VLAN (virtual local area networks). A VLAN is a network that groups together a subset of devices that share a physical LAN. Use data encryption efficiently.

Manufacturing Procurement 52

Manufacturing Procurement Security Tips ERP 52

FreightWaves SONAR

JULY 24, 2023

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. Measuring performance with transportation KPIs and freight data is getting easier. Transportation management depends on historical and real-time data. Think about this.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Logistics Business Magazine

JULY 20, 2021

With the innovative system EFA-SmartConnect, high-speed door manufacturer EFAFLEX says is sets new standards in the intelligent networking of door systems. The module enables both the operation and the planning of customer service and maintenance processes in their own, protected WLAN network. Doors communicate in a network.

Cost Reduction 74

Cost Reduction Logistics Network Optimization Software Networks Analysis 74

Talking Logistics

APRIL 17, 2019

How are these advancements improving the way data is shared in ocean transportation? Andrew explains that, “Due to regulatory changes, every truck has to have an [ELD] device for tracking data. This data is collected via APIs, eliminating the need for EDI transactions. Timely data is an important factor enabling them to do that.

Data 61

Data Supply Chain Design Software Supply Chain Software Cost Reduction 61

MTS Logistics

DECEMBER 20, 2023

Logistics companies are leading a shift towards elastic logistics in a world where supply networks are becoming more intricate and uncertain. 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.

Supply Chain Software 82

Supply Chain Software Supply Chains Inventory Reduction Cost Reduction 82

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

MAY 24, 2024

Facing a variety of security threats, from opportunistic intrusions and tampering to drug trafficking and human smuggling by transnational organized crime networks, shipping lines understandably prioritize container and cargo integrity. In the 21st century, container security is a paramount concern in shipping.

Security 82

Security Supply Chain Software Expense Reduction Cost Reduction 82

AIMMS

SEPTEMBER 17, 2019

We wanted to have a robust analysis that we fully understood. But the speed of analysis did not match the speed of decision-making required by the business. We thought our only choice was to upgrade to the vendor’s costly new network design package. Are you struggling with unsupported network design software for now?

Supply Chain Design Software 62

Supply Chain Design Software Modeling Software Supply Chain Software Supply Chain Design 62

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. That has recently changed.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 121

Logistics Viewpoints

MARCH 8, 2021

For example, go to the Walmart, turn right, and it is the third house on the left. This digital twin contains network costs – the inventory carrying cost is X for this product, by Y for this one. On top of this cost network model, the solution allows for various scenarios to be kept and compared. Logistics can be a challenge.

Supply Chain Design Software 153

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 153

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

SYSPRO Smarter ERP

OCTOBER 25, 2021

To compete in this constantly changing market, manufacturers and distributors need more digital-driven services such as real-time production, tracking, and analysis. Digitization means converting something into a digital format, and usually refers to encoding data and documents. This means making factories smarter for the future.

Factories 105

Factories Supply Chain Planning Software Supply Chain Software Optimization Software 105

CH Robinson Logistics

SEPTEMBER 28, 2021

The answer is not simple and involves research and analysis across a number of factors. Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. Analysis of employment data.

Trucking 116

Trucking Blog Supply Chain Planning Software Supply Chain Design Software 116

Turvo

AUGUST 24, 2021

Before the COVID pandemic ran through the supply chain, in-network resiliency had never been tested or tried extensively. Real-time data is critical to the supply chain’s smooth operations day in and day out. Examples would be some traditional forms of material handling equipment. Real-time tracking and order updating tools.

Optimization Software 98

Optimization Software Supply Chain Software Logistics Network Optimization Software Supply Chains 98

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

GlobalTranz

MAY 1, 2018

Since this trend isn’t likely to change anytime soon, shippers who can contain the cost of shipping by maximizing efficiency and optimization throughout their shipping network will be on firm ground heading into the future. Data-driven analytics enables you to make cost-effective transportation decisions. But no longer.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

Logistics Viewpoints

JANUARY 26, 2021

While creating a demand-driven supply chain means ingesting and interpreting large volumes of data, advances in cloud computing and edge computing make data-based decision making easy and cost-effective. A Positive Example. These companies failed to realize that profitable agility relies on a mixed bag of capabilities ?

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161