3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

FreightWaves SONAR

APRIL 16, 2024

Brokers are able to view current spot and contract rates, variability in the rates, Lane Scores and Outbound Tender Rejections for the origin, which improves their network optimization on the loads they are currently running. The post How Brokers Optimize Their Network With Market Dashboard Plus appeared first on SONAR.

Optimization Software 52

Optimization Software Optimization Networks Network Optimization Software 52

Log-hub

NOVEMBER 22, 2023

7 min read In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

7 min read In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

EazyStock

AUGUST 28, 2023

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands data-driven decision making. When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

Log-hub

NOVEMBER 6, 2023

Optimizing stock levels is a crucial aspect of this process, since overstocking can tie up valuable capital and lead to increased storage costs, while under stocking can result in lost sales and dissatisfied customers. In today’s fast-paced business world, the need for efficient supply chain management has never been greater.

Optimization Software 52

Optimization Software Inventory Reduction Optimization Cost Reduction 52

GlobalTranz

JULY 28, 2021

Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. Defining Transportation Optimization.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. What is stock optimization? 6 Inventory Control Techniques to Optimize Stock Levels. Understand your demand.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

EazyStock

MARCH 9, 2021

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.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

Blue Grace Logistics

FEBRUARY 6, 2023

Although supply chains are starting to normalize and rebound, COVID-19 exposed a lot of weaknesses and led shippers to gain a better understanding of the importance of data portfolios, which is the primary purpose of outsourced logistics solutions. Visibility and data remain top-value propositions that outsourced logistics entities solve for.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Outsourcing Supply Chain Software 62

FreightWaves SONAR

FEBRUARY 4, 2021

Optimizing truckload freight spend is essential in today’s freight market. As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supply chains. Request a SONAR Demo.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

EazyStock

JUNE 23, 2022

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Unstructured data isn’t as accessible to search or export and is often text-heavy.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

FreightWaves SONAR

DECEMBER 15, 2020

A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

Freightos

MARCH 12, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Asia-US East Coast prices(FBX03 Weekly) fell 8% to $6,107/FEU. Europe weekly prices increased 35% to $2.97/kg. Europe – N. America weekly increased 4% to $2.08/kg.

Negotiating Skills 116

Negotiating Skills Optimal Sourcing Demo Data 116

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

Locus

APRIL 3, 2023

An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. This article will provide easy insight into the world of logistics management—from the key components and challenges to tips on optimizing it for your business.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52

Logistics at MPEPS at UPV

MAY 2, 2023

This blog post delves into the intricacies of logistics in small and medium-sized enterprises (SMEs) and startups, highlighting their unique challenges and opportunities. A Data-Driven Comparison: Logistics Performance of SMEs and Startups To better understand the logistics performance of SMEs and startups, we must dive into the data.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

Log-hub

JULY 25, 2023

Explore our groundbreaking approach that leverages Data Analytics and AI to revolutionize demand forecasting. At Log-hub AG, we believe that a personalized approach to forecasting, integrating advanced Data Analytics and AI solutions, can revolutionize the way businesses manage their supply chains.

Data 40

Data Supply Chain Planning Software Supply Chain Software Modeling Software 40

FreightWaves SONAR

MAY 17, 2023

Logistics is a complex and swift-changing industry, and decision makers need to be armed with accurate data – and actionable insights – when navigating the evolving landscape. Shippers understand the importance of data. This is especially true in the face of the current freight recession.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Price Reduction Cost Reduction 52

Shipchain

MARCH 10, 2020

But dedicated managers have found a solution to help improve this part of delivery: data. Data is generated in all parts of last-mile delivery, and analysis of this information can help companies become proactive rather than reactive with their delivery methods. Benefits of Data for Last-Mile Delivery.

Data 62

Data Optimization Software Modeling Software Logistics Network Optimization Software 62

Stord

APRIL 24, 2024

The opportunities lie in leveraging these technologies to optimize inventory management, ensure transparency, and provide personalized customer experiences , ultimately leading to increased operational efficiency and competitiveness. This is the "true magic" of great forecasting!

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 88

FreightWaves SONAR

MARCH 9, 2021

Data for data’s sake lacks value, especially in the view of the supply chain. And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

CLX Logistics

APRIL 22, 2024

Whether achieving real-time compliance tracking, navigating market uncertainties through advanced analytics, or reinforcing safety protocols via secure data exchange, the digital revolution within the chemical supply chain emerges as the critical factor in surmounting these difficulties. Data informs transportation capacity and rates.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 98

SYSPRO Smarter ERP

AUGUST 28, 2023

In today’s digitalized world, manufacturers must keep pace with the rapidly evolving technology landscape to remain competitive, agile, and to protect their electronic assets such as data. Updated ERP releases offer embedded analytics capabilities, integrating intelligence and data directly within the ERP system.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimization Software ERP 98

FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

SYSPRO Smarter ERP

OCTOBER 9, 2023

Modern machinery is commonly fitted with real-time sensors but these are not very useful if there is no way to view and action the data from the sensors. Therefore, companies should have a system to collect and consolidate the data for reporting and analysis. This can be used in costing analysis and equipment profitability.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

Freightos

JANUARY 30, 2024

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Freightos Air Index data shows that China – N. Asia-US East Coast prices (FBX03 Weekly) climbed 21% to $6,152/FEU. Europe weekly prices fell 5% to $3.16/kg. Europe – N.

Optimal Sourcing 111

Optimal Sourcing Negotiating Skills Demo Optimization Software 111

Blue Grace Logistics

JANUARY 12, 2021

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.

Data 62

Data Cost Reduction Supply Chain Planning Software Material Savings 62

GlobalTranz

JANUARY 16, 2017

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Data Analysis Grew Exponentially, Providing More End-to-End Visibility and Continuous Improvement. Data analysis is the companion of cloud-computing technologies.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Supply Chain Design Analysis 59

FreightWaves SONAR

MARCH 18, 2021

As further explained by Deloitte , “business cases show how new technologies – from smart sensors to advanced data analytics to cognitive computing – are transforming traditional linear supply chains into connected, intelligent, scalable, and customizable digital supply networks to help reduce costs and drive sustainable growth.”

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Data 98

Freightos

NOVEMBER 15, 2023

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Freightos Air Index data shows China – N. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU. Europe weekly prices fell 20% to $3.38/kg. Europe – N.

Price Reduction 105

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 105

FreightWaves SONAR

DECEMBER 22, 2020

A confident, data-driven trucking RFP undertaking can make a big difference in freight spend. It’s because enterprise shippers are turning to new intelligence tools, such as SONAR SCI , to conduct a freight spend analysis to maximize contract freight use and allocation. Sippers and carriers must support each other moving forward.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105

FreightWaves SONAR

MARCH 9, 2021

H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. Global retailers use data to understand lead time Successful supply chain operation at any stage hangs on the ability to stay on top of shipping and transport logistics. Request a SONAR Demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

SYSPRO Smarter ERP

MAY 2, 2024

The other emerging area around AI in ERP focuses on trend analysis and forecasting. Although machine learning models have been in place for some time, they are now becoming much more prevalent because of the high volumes of data in ERP systems. These range from data migration to integration, security and training.

ERP 52

ERP Supply Chain Planning Software Modeling Software Optimization Software 52

SYSPRO Smarter ERP

DECEMBER 19, 2022

Then in the early 2000s, a new technology emerged, inventory optimization (IO), which could account for variability and multi-level activity in the supply chain and optimize inventory management policies using a statistical approach to manage both demand and supply variability. Inventory optimization.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

FreightWaves SONAR

JANUARY 5, 2021

and Asia and Europe and Asia, and carriers have had to plan for, allocate and optimize their networks to support the growth of global shipping along these trade lanes.” And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Download the White Paper.

Data 88

Data Price Reduction Freight Resource Reduction 88

Freightos

FEBRUARY 28, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. In air cargo, though rates out of Asia and the Middle East were level or easing on most lanes last week, Freightos Air Index data shows China – N. Europe weekly prices fell 8% to $2.74/kg.

Negotiating Skills 71

Negotiating Skills Optimal Sourcing Demo Maritime 71