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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.

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The Generative AI Revolution: A Glimpse Into Logistics 4.0

Trinity Logistics

As the industry pivots from Logistics 3.0 to Logistics 4.0, the role of Generative AI, a subset of artificial intelligence that can generate data like what it’s trained on, is becoming significant. Let’s follow, Alex, a seasoned logistics manager, into his journey with Generative AI in logistics.

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Why OCR-Only Supply Chain Automation Fails

RPA Labs

As companies begin incorporating baseline RPA technologies, such as OCR, many are getting stuck by the limitations of some without seeing the advantages of using automation for more data-driven processing. . OCR then turns the image into auto-populated editable text available for email or data entry. What Is OCR-Only Automation?

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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 With driver shortages still impacting the industry and continual fluctuations with supply and demand balances, it is more important than ever for OTR managers to get on board with remote tools and digital services. As highlighted by?

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Technology Is Reshaping Logistics

LandLink

Logistics technologies, such as robotic warehouse systems, make automation a reality, while drones improve last-mile delivery capabilities and better tracking with tools like RFID tags, which improve visibility throughout the supply chain. These technologies also contribute to a rise in big data and analytics in the logistics field.

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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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Optimizing Your Freight Costs

GoShip Blog

Freight consolidation is ideal for small businesses that do not ship full truckloads frequently or those that mostly ship smaller parcels. Transportation management systems (TMS) are software tools that assist businesses in optimizing their logistics process. Utilize TMS (Transportation Management Systems).