article thumbnail

Data Quality: Your Digital Transformation Depends on It

Logistics Viewpoints

In a prior post , I wrote about the various ways data is transforming global supply chains. Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). So, what is quality data?

Data 146
article thumbnail

How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Redefining Freight Brokerage with Nick Jensen

The Logistics of Logistics

When technology does the routine, boring work, Loadies can focus on higher value-added activities like key performance indicators, data analysis, and consultative reviews with clients. Loadsmart is a Chicago-based freight tech company founded in 2014. 2022 Freight Data Insights Report. Nick’s Jensen.

article thumbnail

How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

article thumbnail

Accelerating Business Growth And Lowering Cost With Data Analytics

Blue Grace Logistics

Tom Kloza, global head of energy analysis for Oil Price Information Service calls this season “the most expensive driving season since 2014.” The main solution – and greatest hope for companies engaged in shipping activity – is data analytics. What To Do: It’s All about Data Analytics . ” .

article thumbnail

Using Big Data to Drive Manufacturing Sales: 3 Big Takeaways from the USMTO Reports

GlobalTranz

The United States Manufacturing Technology Orders (USMTO) data report is compiled monthly by the Association for Manufacturing Technology (AMT). What is the USMTO Data Report? The full data set is reported by eligible equipment builders and distributors and is provided to all participants in the program at no cost.

article thumbnail

Freight Forecasting During COVID-19 (with video)

FreightWaves SONAR

Subscribers receive near-time market intelligence to improve pre-RFP strategy analysis and can identify new market opportunities with little to none native, historical data. Arrive Logistics is a Chicago-based logistics provider that has surpassed growth in revenue, customers and employees since its founding in 2014.

Video 98