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Data Quality: Your Digital Transformation Depends on It

Logistics Viewpoints

I like the simplicity and clarity of Informatica’s definition of data quality: Data quality refers to the overall utility of a dataset(s) as a function of its ability to be easily processed and analyzed for other uses. Of course, there is much more that goes into effectively implementing each of these safeguards.

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How to Write a Winning Business Plan

Ship Monk

Of course, we couldn’t let our entrepreneurial free spirits miss out on those numbers. If you really want to play it smart, market research is one step you definitely don’t want to skip out on. In addition to understanding your market, try to contextualize it as much as possible with historical trends and stone cold data.

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Inventory Optimisation: How Much Stock is Right for Your Company?

Logistics Bureau

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.

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Insights for Developing, Executing, and Monitoring your Parcel Freight to Meet Demand

CH Robinson Logistics

This trend is expected to continue for the remainder of 2021 and through 2022. When packages shipped using time-definite guaranteed service are delivered late, or if packages are lost or damaged, you should have a process of filing claims with the carrier to recover against carriers’ money-back guarantees.

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KPIs to assist manufacturers and distributors with supply chain challenges

SYSPRO Smarter ERP

This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time. They are part of the quality management process and require an analysis of the top factors that drive returns to determine where interventions are required in the process. Warehousing KPIs.

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Happy New Year: Here’s the 7 things shippers need to know about the Q1 2021 freight market

FLS Transport

And that definitely applies to the freight market. Of course, the backdrop here is that this is all happening at a point in time where reefer capacity is absolutely tapped out and reefer rates are near all-time highs. Of course, the annual RFP has been a staple of the industry for 25 years. What’s a shipper to do?

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The Role of Data Analytics in Supply Chain Management

3PL Links

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.