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Near-real-time data-driven route optimization best practices

FreightWaves SONAR

Predictive data analysis allows managers to tweak and adjust route optimization and shipping protocols to accommodate market demands. As highlighted by FleetOwner , traffic jams, vehicle problems, major weather events, customs and border issues and construction projects can delay delivery and disrupt normal transportation flow.

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6 Tips to Build a Logistics Metrics Scorecard That Guides Decisions

FreightWaves SONAR

Partners need to be empowered and have full visibility to shift suppliers, manufacturers or even global production locations based on uncontrollable events at a moment’s notice. Industry events, whether held online or in person, are also great opportunities to discover new partners and connect with new vendors outside your standard network.”.

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What Lessons a Table Fable Teaches About Supply Chain Orchestration

Logistics Viewpoints

Events and disruptions are par for the course in supply chain, so we need tactics to kick in for problem resolution. While analysis can suggest parameters, similar to upper and lower control limits, planners should ultimately set the parameters, based on their knowledge of the business. Check the reviews of your provider.

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Lessons Learned from Black Friday/Cyber Monday

Ship Monk

It’s Gone Global Black Friday/Cyber Monday is now a global event. Proceed With Caution We realize that the holiday shopping season isn’t over and there’s a lot more analysis to be done. According to the NRF, 55% of consumers took advantage of early Black Friday deals, and 35% shopped the week before Thanksgiving.

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Demand Forecasting: How It Enhances Ecommerce Operations

Ship Monk

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes. What promotions did you have running during that time period?