Logistics Viewpoints

JUNE 8, 2022

I tend to use time series analysis as an anchor to my forecast, as I suspect many of you do. These current factors, in addition to the atypical activity of the recent past (whipsaw demand pattern), render time-series trends less relevant than in more stable environments. So, what methods can we apply to better gauge future trends?

Scenario Planning 130

Scenario Planning Analysis Events Purchasing Skills 130

Logistics Bureau

JANUARY 3, 2018

It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supply chain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. The 7 Trends for Supply Chain Pros to Watch in 2018.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Supply Chain Design 76

Blue Grace Logistics

JULY 27, 2021

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. The presence of data throughout the supply chain is vital to its evolution.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

FreightWaves SONAR

FEBRUARY 16, 2021

By using strong management and analysis processes, supply chains can maximize value and stay competitive. Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. Streamline data capture and analysis. Know your operating ratio .

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

Freightos

AUGUST 23, 2023

Blog " * " indicates required fields Email * More Resources Home August 23, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Price Reduction 89

Price Reduction Resource Reduction Cost Reduction Capacity 89

GlobalTranz

NOVEMBER 16, 2016

The amount of information and improvement possible through big data can be overwhelming. Meanwhile, stakeholders do not get to reap the rewards of this new tech trend , and the overall enterprise suffers without realizing it. How to Get Started with Your Big Data Strategy. . This is where the explanation of big data begins. .

Resource Reduction 91

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Freightos

SEPTEMBER 4, 2017

Peak Season, GRIs, and Data Transparency. That’s why I recently dove into millions of Freightos Index data points. Take a look at the data. FIG 1: China-West Coast and China-East Coast rate indexes show a regular GRI trend. FIG 1: China-West Coast and China-East Coast rate indexes show a regular GRI trend.

Data 48

Data Procurement Analytics Purchasing Skills After-sales 48

GlobalTranz

FEBRUARY 15, 2017

The Industrial Internet of Things (IIoT) and the Internet of Things (IoT) are similar, but both function on the connection of equipment to the internet and applying data collected to consumer and business needs, including the needs of manufacturers. The First 5 Manufacturing Tech Trends of 2017. In a Nutshell.

Cost Reduction 74

Cost Reduction Modeling Software Optimization Software Price Reduction 74

FreightWaves SONAR

DECEMBER 22, 2020

Relying solely on manual shipping data analysis continues to yield poor results. The old ways of recording, processing and responding to analytical data need a streamlined approach. Outdated analysis and management methods are becoming increasingly more difficult amid lockdowns, supply shortages, and increased consumer demands.

Logistics Network Optimization Software 105

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 105

The Logistics Academy

OCTOBER 4, 2016

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.

Supply Chain Planning Software 49

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 49

3PL Links

APRIL 23, 2024

Read also: Top 9 Technology Trends for Your Warehouse in 2024 The supply chain Although it incorporates logistics, the supply chain is not to be mistaken with logistics. The finest relationships for your business are identified by developing decision models based on multiple criteria and accessing useful data through algorithms.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

FreightWaves SONAR

JUNE 7, 2023

The reason they’re doing this is that they lack granular market data on contract and spot rates and prevailing service levels. Let’s look at some data. Broad-based freight market data suggests that there’s still a substantial cost-reduction opportunity in front of supply chain leaders.

Inventory Reduction 52

Inventory Reduction Cost Reduction Optimal Sourcing Price Reduction 52

GlobalTranz

MAY 27, 2015

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.

Manufacturing Procurement 94

Manufacturing Procurement Procurement Analytics Data Modeling Software 94

FreightWaves SONAR

APRIL 29, 2021

Using SONAR data in contract negotiations with carriers and 3PLs. . Of course, during that same period, many retailers performed extremely well. The retailers that performed the best over the past year were generally the ones that sold essential goods, such as food, or benefited from the trends of the hour, such as home repair.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

DECEMBER 17, 2020

Staying up to date with the latest trends and logistics metrics amounts to thriving through disruption. Therefore, paying attention to data and building actionable metrics are critical to freight forecasting during COVID-19 and through the next disruption. Connect your operation with near real-time data.

Tips 52

Tips Logistics Network Optimization Software Supply Chain Software Logistics 52

Shipping and Freight Resource

NOVEMBER 23, 2021

Bureau of Economic Analysis, the American trade deficit on goods and services went up 4.2%, rising from $70.3 The data indicates that export volumes are going down month on month and import volumes are increasing, making it detrimental to the US economy and concerns have been raised by several quarters in the media. Source : project44.

Outbound 85

Outbound Logistics Network Optimization Software Sourcing Supply Chain Software 85

FreightWaves SONAR

FEBRUARY 11, 2021

Cold chain capabilities are now a must-have to stay future-ready With vaccines for COVID at the forefront of transportation news, the focus has swung from fundamental truckload shipping trends to cold chain shipping. Throughout the years to come, accurate data analysis will remain essential for effective truckload shipping.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

FreightWaves SONAR

MARCH 18, 2021

Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. So, it’s equally valuable to know the constraints and to apply data to overcome them with mini-bids. It is what sets manufacturing supply chain companies apart.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

FreightWaves SONAR

FEBRUARY 18, 2021

Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. The issue with recruiting and retaining truckers is that it is difficult to do so without understanding actual market trends and volatility. . So, companies are working on retaining the workers they already have.”

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. At Logistics Bureau, we capture, analyse, and exploit freight benchmarking data to help us when we provide freight contract negotiation services for our clients. So how can you be sure you’re getting the best freight rates possible? Freight Benchmarking: How to Do it Right.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

GlobalTranz

FEBRUARY 19, 2018

Some of the top logistics trends to affect the industry in the coming year include these key automated logistics technologies. The Top Logistics Trends that Will Impact Logistics Management in 2018. Big Data Utilized with other Automated Logistics Technologies to Improve Efficiency and Logistics. Big Data Will Get a Makeover.

Supply Chain Software 68

Supply Chain Software Logistics Network Optimization Software Optimization Software Automation 68

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Automated Data Transfers. Analysis of Trends and Recommendations. In some cases, human intervention and input will be completely eliminated.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Ship Monk

MAY 20, 2021

Of course, we couldn’t let our entrepreneurial free spirits miss out on those numbers. In addition to understanding your market, try to contextualize it as much as possible with historical trends and stone cold data. Competitive Analysis. Those are all fill-in-the-blanks, of course. ??. #6. Execution Plan.

How To 64

How To Price Reduction Course Analysis 64

Freightos

NOVEMBER 10, 2020

Of course, COVID-19 has accelerated this trend, with more consumers working from home and ordering online, while it’s also become easier for sellers to source on Alibaba, import, and then sell on Shopify or Amazon.com. This is why Freightos.com has begun to leverage its data to provide insight for small eCommerce sellers.

eCommerce 62

eCommerce Sourcing Trends Cargo 62

Logistics Bureau

MAY 24, 2021

Of course, all these guidelines and formulas portray an over-simplified approach to calculating safety stock levels, and your company’s supply chain will doubtless be subject to specific conditions and circumstances that you’ll need to include in your reasoning. Perhaps it’s time for your company to take a more scientific approach.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Pundits typically emphasize data and digital technology when proselytising for the S&OP concept. S&OP is ostensibly a numbers game, of course. The Demand Planner.

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 104

Talking Logistics

FEBRUARY 13, 2019

When I ask shippers what they look for in a logistics or transportation management partner, technology capabilities — and the data and insights those technologies provide — is always near the top of the list. How will these trends continue to evolve in 2019 and beyond? Transaction volume is high to enable useful analysis.

Logistics Network Optimization Software 68

Logistics Network Optimization Software Supply Chain Software Transportation Availability 68

CH Robinson Logistics

JULY 8, 2021

This trend is expected to continue for the remainder of 2021 and through 2022. Monitor and adjust your strategy based on technology and data insights. What are the critical trends emerging from the data? Having this data at your fingertips allows you to run what-if analyses and make decisions based on facts and numbers.

Cost Reduction 62

Cost Reduction Sourcing Strategies Meeting Optimal Sourcing 62

Blue Grace Logistics

JANUARY 18, 2018

Data analysis and predictive modeling are just the beginning of the industry’s new bag of tricks. This change won’t take place overnight of course, but the gradual change will build up to a complete revision of the industry. Here are the biggest trends to keep an eye on as 2018 gets underway. What to Watch for .

Supply Chain Software 48

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Digital 48

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. “Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

Logistics Bureau

APRIL 12, 2021

I’ve noticed a trend in recent years in that when businesses want to check their distribution networks or design a distribution network , they immediately jump into loads and loads of detail. You don’t have to launch into something very data-intensive. If the data is good , it’s probably a three-to-four-month project.

Supply Chain Design Software 68

Supply Chain Design Software Supply Chain Design Distribution Networks 68

GlobalTranz

MARCH 13, 2015

Have Easy to Analyze Actionable Insight Gleaned from the Data Created in the Transportation Management System. There are, of course, tactical metrics for accounting functions like viewing open and paid invoices or the ability to identify when shipments are due, but also must include strategic metrics and reports for more in-depth analysis.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

247 Customs Broker

FEBRUARY 6, 2019

If leveraged effectively, game-changing trends such as digitalization, e-commerce and the Belt and Road Initiative to increase infrastructure between China and the EU—the exact impact of which is yet to be fully understood—have the potential to add wind to the sails of global seaborne trade,” concludes Youssef. “If Rate uplift.

Capacity 28

Capacity Supply Chain Planning Software Supply Chain Design Software Trends 28

MTS Logistics

MAY 22, 2023

The factory in question has resumed its operations, although it is expected that the trend will continue for some time since it’ll take some time for them to secure their previous deals domestically. The best course of action in the polymer market is to wait and see what will happen, with a strong emphasis on global conditions.

Sourcing 81

Sourcing Freight Factories Scenario Planning 81

GlobalTranz

JULY 26, 2016

Everyone seems to be clamoring to get on the big data and analytics train. For example, operations managers may use advanced analytics to analyze historical data of prices for raw materials, identify trends in raw material availability and accommodate changes to make the most efficient use of these resources.

Distribution 54

Distribution Supply Chain Design Software Inventory Reduction Resource Reduction 54

Logistics Business Magazine

FEBRUARY 5, 2021

Analysis by real estate advisor, Knight Frank , indicates that the continued rise in online shopping could drive demand for an additional 92 million square feet of industrial storage space across the UK by 2024. A consequence of the huge shift to e-commerce has been correlative growth in demand for warehouse and retail storage space.

After-sales 49

After-sales Unit loads Ordering Course 49

Logistics Business Magazine

JUNE 7, 2022

Indeed, in a recent report Interact Analysis forecast that more than 1.1 Of course, other forms of robotic and automated intralogistics technology are taking off too. Across the intralogistics sector sales of autonomous mobile robots (AMRs) are booming.

Supply Chain Software 57

Supply Chain Software Optimization Software Logistics Network Optimization Software Seminar 57