article thumbnail

Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.

article thumbnail

Analysis: Why Upcoming ILWU Contract Negotiations are Making Importers Uneasy

MTS Logistics

For the last two decades, twice the ports and labor could not agree on the terms (2002 & 2014) where there were significant delays in the availability of containers at ports. So, there is definitely a valid reason why the ILWU is resisting so much against automation over the last two decades.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Predictive analysis: How it improves supply chain visibility

20Cube Logistics

Predictive analysis, today is part of all major business operations and processes to help forecast trends, events and to find solutions for complexities. According to Forbes, predictive analysis is mandatory in logistics as it relies heavily on accuracy and timeliness to achieve success. The supply chain market is set to grow from 4.56

article thumbnail

Mastering Demand Planning: Best Practices and Tools for an Efficient Supply Chain

10xLogistics

I am continuing my series on simple definitions and thoughts in Supply Chain Management. This integration allows for a more detailed analysis and better-informed decision-making processes. It also enhances customer satisfaction by ensuring product availability in response to actual demand patterns.

article thumbnail

The Global Warehouse Automation Market is “En Fuego”

Logistics Viewpoints

I just wonder what I am missing, or what the big publicly available mutual funds are missing. My research process at ARC includes the review and analysis of publicly available information, as well as interviews with corporate executives and market participants to obtain additional “color”. Anyway, I digress. percent to 3.79

article thumbnail

Editor’s Choice: Why Supply Chain Design Is Not a “One-and-Done” Exercise

Logistics Viewpoints

Traditional supply chain design and planning relied on the idea that, “governments were rational, variability would be low, and logistics would always be available,” as Lora Cecere of Supply Chain Insights has said. But first, let’s get on the same page: Supply chain design solutions and definitions.

article thumbnail

Generative AI in Supply Chain: How It Impacts Your Logistics

Trinity Logistics

Now, there’s a lot of definitions out there, but here’s how I define it. They’re just available more widely today because of the lowered cost of processing power, rise in cloud technology availability, and ability to push it out in more cost-effective manners. Biggest one is data analysis. What is Generative AI?