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[INFOGRAPHIC] The tools carriers need to monitor unusual and inconsistent freight market activity

FreightWaves SONAR

Unfortunately, interpreting the data received is never straightforward. Erratic behavior in said data can lead to inaccuracies and confusion for carriers if the activity fails to conform to set standards. Even worse, data that isn’t monitored amounts to lost opportunities for improved efficiency.

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6 Supply Chain Trends That Could Truly Shake You Up (2018 Update)

Logistics Bureau

Trend identification is a tricky business. Supply chain trends make it yet more complex because they represent the intersections of so many different domains. What is a supply chain trend-spotter to do? Others wave their hands and announce sweeping megatrends that sound impressive, but that lack supporting data.

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How Big Data And Analytics Are Transforming Supply Chain Management

The Logistics Academy

Supply chain management is a field where Big Data and analytics have obvious applications. Until recently, however, businesses have been less quick to implement big data analytics in supply chain management than in other areas of operation such as marketing or manufacturing. This was clearly a situation that couldn’t last.

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What do FOMO and Linkedin Have to Do with Supply Chain Management

10xLogistics

Has anyone noticed recently that your linkedin feed is just full of a bunch of technology looking for a reason to exist and all sorts of conventions and other events people are attending? According the article cited above, FOBO can be a direct result of our "big data" world. Then the "Facebook" world invaded. You will not innovate.

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6 Tips to Build a Logistics Metrics Scorecard That Guides Decisions

FreightWaves SONAR

Staying up to date with the latest trends and logistics metrics amounts to thriving through disruption. Therefore, paying attention to data and building actionable metrics are critical to freight forecasting during COVID-19 and through the next disruption. Connect your operation with near real-time data.

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Fleet Route Optimisation in the Past, Present, and Future

Logistics Bureau

The next step was to take the planning slips for each postal code, or two or three postal codes if we knew they were geographically close together, and sort them into piles, representing nominal routes, totting up the weights of the orders to see when a route was maxed out. Let’s take a brief look at some of them.

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8 Things Companies Common Mistakes in Supply Chain Management

Logistics Bureau

If you can focus your management team on continuous improvement in the following eight areas, your supply chain shouldn’t run into the sort of difficulties which sometimes scupper newly-established or small businesses. Of course, manual systems allow small business owners to manage inventory with limited investment in systems.