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New Year Resolution: Start Collecting More Data in 2021

Blue Grace Logistics

As you might have guessed from the title, it’s time to start collecting more data. The Big Benefits of Big Data. Digitalization also creates the opportunity to collect data that would otherwise fall into the unknown. Simply put, good data drives better service. Simply put, good data drives better service.

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The State of the Trucking Market in 2021

GlobalTranz

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? through 2021, but total retail sales will grow 7.9%. Enabling Data-Driven Decision-Making. ?Access Access to real-time data and the ability to perform real-time analysis ?enables

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Using ABC Analysis in Inventory Management

EazyStock

What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. In this blog post we’ll delve deeper into the intricacies of ABC analysis and how it can help businesses improve their inventory management practices.

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Scaling the Supply Chain: A Comparative Analysis of Logistics in SMEs and Startups

Logistics at MPEPS at UPV

Logistics in SMEs: Challenges and Opportunities SMEs, defined as enterprises with fewer than 250 employees, constitute a significant portion of the global economy, accounting for over 90% of businesses and generating approximately 60% of employment worldwide (OECD, 2021). References Accenture.

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What enterprise shippers can expect from logistics automation in 2021

FreightWaves SONAR

It always goes back to using data as a best practice for all aspects of freight management. Logistics automation continues to benefit from the increased viability of advanced analytics Data analytics provide a wide range of benefits for shippers that can properly harness logistics automation. Download the White Paper.

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Data key to tackling forecasting challenges

FreightWaves SONAR

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022.

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Freight Procurement is a Different Game

Logistics Viewpoints

There are different tools, goals, and market dynamics. An RFP is a data intensive exercise. This made the data analysis easier. On the inbound side, it was highly reliant on spreadsheet data. This made the data analysis “painful.” We did not have a great spot tool.”