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6 Steps to conduct a freight spend analysis

FreightWaves SONAR

But more analyses are a hard-sell for busy logistics managers. According to Talking Logistics with Adrian Gonzalez , “Transportation professionals are so consumed with managing immediate needs that it’s often difficult for them to step back and consider longer term strategic objectives.” Gather data for the analysis.

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The Role of Logistics Management in Optimizing Supply Chain Operations

Locus

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.

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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.

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State of Logistics Report Released: 3PLs Continue to Foster Resilience and Drive Investments in Supply Chain

Penske Move Ahead

Global volatility has continued to disrupt supply chains, and flexibility, efficiency and resilience are vital for companies throughout the logistics sector. The report is produced annually for CSCMP by Kearney and presented by Penske Logistics. “We We have seen a dramatic run up in supply chain costs, to a record $2.3

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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.? Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . As highlighted by? are liable?network

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The Generative AI Revolution: A Glimpse Into Logistics 4.0

Trinity Logistics

As the industry pivots from Logistics 3.0 to Logistics 4.0, the role of Generative AI, a subset of artificial intelligence that can generate data like what it’s trained on, is becoming significant. Let’s follow, Alex, a seasoned logistics manager, into his journey with Generative AI in logistics.

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Supply Chain & Logistics Education: Ask the Professors

The Logistics Academy

At Georgia Southern, we dispel this by illustrating the dynamic nature and variety of daily activities a supply chain manager encounters. We make explicit that every day is different when managing modern logistics services and transportation operations. They must know which data deserves priority for a given problem.