Remove Analysis Remove Data Remove Inbound Remove Webinar
article thumbnail

How Can Data Improve Supplier Decisions?

GlobalTranz

A growing trend across all industries has been the application of big data , with the use of algorithms and the hiring of data scientists becoming commonplace. As businesses collect and store an ever increasing amount of data, the algorithms required to make sense of this data will become even more valuable.

Data 98
article thumbnail

Why Benchmarking Alone Isn’t Enough for Proper Transportation Cost Analysis

GlobalTranz

Given that our proprietary TMS, the Cerasis Rater , provides multiple reports, giving our shippers’ many insights, this post is quite appropriate, just like getting the data that is meaningful , in order to make the best decisions for your business possible. . Inbound freight costs as percentage of purchases. On-time pickups.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Supply Chain Big Data: Why Supply Chain Leaders Are Using Big Data Analytics

GlobalTranz

Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. What Is Supply Chain Big Data? How Does Big Data Improve a Supply Chain?

article thumbnail

How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

GlobalTranz

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.

article thumbnail

To Stock Analysts, Container Size Matters

FreightWaves SONAR

Use cases for the intermodal data in SONAR are similarly varied. Shippers can use intermodal volume data by lane for clues on whether other shippers are seeing value in rail intermodal compared to truckload. The more widely seen AAR data shows overall US containerized intermodal growth of 14.5% Hunt does not participate in.

Data 64
article thumbnail

What’s Big Data in Supply Chain & Logistics? Why Should I Be Looking at This Tech Trend?

GlobalTranz

Data reflect all the small, seemingly insignificant details of the modern world. From a review of your personal bank account spending habits to larger, more advanced processing capabilities, data evolve and expand with each passing day. When Did Big Data in Supply Chain Become a Game-Changer? .

article thumbnail

Why A Successful Transportation Management Program Is Empowered By Data

GlobalTranz

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