Freight Payment 2021: Data analysis for everyone

Logistics Management

Freight payment providers are upbeat heading into recovery, offering a diverse menu of solutions designed to take cost out of freight transportation by helping shippers of all sizes to “think strategically, not transactionally

SONAR expands its reefer data

The Supply Chain Journal

Since its introduction in 2018, FreightWaves SONAR has provided subscribers with the most current freight market data, analysis and insights. SONAR is the only freight forecasting platform that combines contract tender data with spot rate data and creates predictive freight rates.

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Managing E-Commerce Fulfillment Spikes With Data Analysis

GlobalTranz

This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. Disjointed systems and data silos, creating delays in processing and deficiencies in visibility. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment. Data E-Commerce Logistics

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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end.

Pressure Points: How to Ensure Your B2B Pipeline Passes Inspection

This eBook highlights best practices for developing a pipeline management process that helps sales leaders and their team C.L.O.S.E (you’ll see what we mean in this eBook) more revenue through data-driven prospecting, stage analysis, and subsequent sales enablement.

APIs and the High Value of ‘Useless’ Data

Talking Logistics

Global enterprises spend a lot of money on technology — up to 7% of revenues go toward hardware and software to communicate, gather, store, curate, and analyze the organization’s data. However, a robust IT infrastructure is only as valuable as a company’s ability to use it to transform data into actionable insights. Read more APIs and the High Value of ‘Useless’ Data.

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SONAR expands its reefer data

FreightWaves SONAR

Since its introduction in 2018, FreightWaves SONAR has provided subscribers with the most current freight market data, analysis and insights. SONAR is the only freight forecasting platform that combines contract tender data with spot rate data and creates predictive freight rates.

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6 Steps to conduct a freight spend analysis

FreightWaves SONAR

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. Gather data for the analysis.

Logistics Manager Analysis: Forecasting and S&OP… Big data, big decisions  – Logistics Manager Magazine

247 Customs Broker

However, as the supply chain changes so rapidly, especially with the… The post Logistics Manager Analysis: Forecasting and S&OP… Big data, big decisions – Logistics Manager Magazine appeared first on 24/7 Customs Broker News.

Why near-real-time electronic freight tender trucking data is more reliable than waiting on submitted data

FreightWaves SONAR

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. Additional benefits of actual tender data.

How ZoomInfo Enhances Your Database Management Strategy

Forward-thinking marketing organizations have continuously invested in a database strategy for enabling marketing processes. Download this ebook to learn how to maintain a strategy that includes refreshed information, database cleanses, and an accurate analysis at the same time.

New Year Resolution: Start Collecting More Data in 2021

Blue Grace Logistics

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.

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Freight and trucking data: how historical and contract load tender data create a trucking rate predictor

FreightWaves SONAR

Freight and trucking data makes for an excellent resource for shippers and logistic service providers (LSPs) alike. The data obtained from historical and contract load tender information creates a valuable tool – a trucking rate predictor. Freight Market Blog freight and trucking data

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Managed Services Clarifies Data In The Chemical Supply Chain

Trinity Logistics

Chemical manufacturers collect and use a lot of data in their supply chain. They deal with data on their products, customers, transportation, storage, operations and more. You can find ways to manage your data in one place using a 3PL’s Transportation Management System (TMS).

Logistics Manager analysis: Big Data’s bleeding edge

247 Customs Broker

[og_img] The way Big Data is being used is changing and transforming supply chain management along with it, Johanna Parsons investigates. Big Data has formed… The post Logistics Manager analysis: Big Data’s bleeding edge appeared first on 24/7 Customs Broker News. 3PL Analysis Article IT & Software News customs broker customs clearance freight imports logistics shipping

Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Organizations need to focus on demand driven supply planning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar). Focusing on this information once per month during the S&OP meeting is too late for all business units to align. Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization. This is especially important for new product releases, in store programs or promotions (sales, end caps, PDQ. etc) or online promotions (company run or 3rd party). Depending on total supply chain lead time, not having real time visibility and analysis of this information can significantly affect sales and the bottom line.

Retail enterprise suppliers’ best practices to use global trade data

FreightWaves SONAR

Global trade data and shipping demand management are not just things that high-tech companies and international investors need to worry about. This focus makes proper use of global trade data and analytics so vital for continued recovery and growth throughout the supply chain network.

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Using ABC Analysis in Inventory Management

EazyStock

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. The Three Classifications used in ABC Inventory Analysis. ABC Analysis and the 80/20 Rule.

BluJay Launches Data Insight and Analysis Tool

Logistics Business Magazine

BluJay Solutions has launched BluIQ by BluJay, a data and insight analysis tool that offers real-time, actionable supply chain data in a configurable visual dashboard. This solution is part of the Data component of our DNA strategy.

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These Data Mining Techniques Will Make The Most of Data Warehousing

GlobalTranz

Data Warehousing means a warehouse of data where it can be stored for analysis. It includes the process of data collection from various databases to one specific place to acquire efficient access. It involves the process of joining data from different resources and structuring it in such a way that it can be utilized for.read More.

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Why Should You Combine Data Science and Modeling When Assessing Your Risk Management?

Speaker: Dr. Ken Fordyce, Solutions Director, Supply Chain and Advanced Analytics at Arkieva

COVID-19 direct and ancillary events have put risk management and rapid intelligent response (RIR), or sense and respond (SAR), front and center in the supply chain world. Join this incredible webinar with Dr. Ken Fordyce, Solutions Director, Supply Chain and Advanced Analytics at Arkieva, and learn about the ongoing challenge of implementing RIR to improve organizational performance with better decisions.

The State of Supply Chain Trends Part IV: Data Analysis, Wearables, and the Cloud

GlobalTranz

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Powered by an increasing number of connected devices via the Internet of Things , automated data entry is empowering usable data and allowing more companies to replace legacy systems or integrate new technologies with existing systems. Data analysis is the companion of cloud-computing technologies.

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[WHITE PAPER] FreightWaves SONAR: Full shipment lifecycle market data vs TMS vendor and paid-only forecasting

FreightWaves SONAR

Data has become an integral part of the supply chain network’s daily operations and is inseparable from the modern processes that govern procedures involved in transportation. How data facilitates access, analysis and application can affect short-term and long-term actions.

How Data Can Improve Last-Mile Delivery

Shipchain

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.

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3 Ways Shippers Use Trucking Data to Find Capacity

FreightWaves SONAR

And the transportation and shipping industry has a choice to make – to take advantage of trucking data or to ignore it, continuing as before. . Access to data and proper analysis are both essential to maximize profits and reduce costs. Freight Market Blog trucking data

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Top 5 Barriers to Supply Chain Network Design Adoption and How to Overcome Them

Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS

Want to build your internal capability, reduce costs and make better decisions? It's easier than you think. This on-demand webinar shares research findings from Supply Chain Insights, including the top 5 obstacles that bog you down when trying to improve your network design efforts.

Why Logistics Service Providers & Shippers Use Freight Data to Gain Market Share

Turvo

This is where freight data recording and analysis can help with the supply chain’s internal adding value. . The Costs of Not Using Freight Data in Managing Logistics. Freight Data Increases Market Share. Best Practices in Using Freight Data. Get data in real-time.

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Cold Chain Excellence through Data Analytics

SIPMM Professional Publications

Every decade or so, the business world invents another term for how it extracts managerial and decision-making value from computerized data. In the 1970s the favored term was decision support system, accurately reflecting the importance of a decision-centered approach to data analysis. The post Cold Chain Excellence through Data Analytics appeared first on SIPMM INSTITUTE.

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What Makes Data So Valuable?

Shipchain

Today’s hottest commodity is data. Nowadays, how you study, manage, and protect your data can make or break you. Read on for an analysis as to why data is so valuable and how you can be optimizing it. So What is Data? In simplest terms, data is any set of facts or figures. Moreover, with society’s increasing resilience on technology, the amount of data created is growing exponentially. What Makes Data So Valuable?

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The Data Needed to Transform Supply Chains

Talking Logistics

Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. The Hackett Group provides a useful visual for describing the maturity stages that supply chain is moving through as the industry strives to leverage data and advanced analytics. We all know how the industry handles the data issue.

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Samsara data points to increased digitization across industries

The Supply Chain Journal

array of industries, from transportation to local government, utilities, manufacturing and beyond,” Ali Akhtar, director of data science for Samsara, wrote in the report titled “Data shows operations are becoming increasingly connected as pandemic accelerates digitalization.” .

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Big Data, Big Possibilities: The Power of a Telematics Platform

Logistics Viewpoints

Multitenant platforms can be an elegant way to collect Big Data. Big Data, used right, has great power. Geotab is the telematics company that gathers Big Data for analysis in their […]. The post Big Data, Big Possibilities: The Power of a Telematics Platform appeared first on Logistics Viewpoints. Fleet telematics has a robust return on investment. Put them all together and what do you get? An interesting logistics technology.

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Supply Chain Big Data: Why Supply Chain Leaders Are Using Big Data Analytics

GlobalTranz

Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. As a result, business leaders can reap a significant return on investment by thoroughly analyzing this data. What Is Supply Chain Big Data? Supply Chain big data is the ultimate compilation of data gathered in the course of business.

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Why Benchmarking Alone Isn’t Enough for Proper Transportation Cost Analysis

GlobalTranz

Given that our proprietary TMS, the Cerasis Rater , provides multiple reports, giving our shippers’ many insights, this post is quite appropriate, just like getting the data that is meaningful , in order to make the best decisions for your business possible. . Benchmarking as a Hard Rule within Transportation Cost Analysis Can Be Damaging. Do you benchmark yourself against yourself year over year or even if you know your industry well enough to get accurate data as a shipper?

5 Transportation Data and Insight Reports to Guide Freight Brokers

FreightWaves SONAR

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . Predictive rates are another critical SONAR feature that helps freight brokers use transportation data.

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Porch pirates: examining unattended package theft through crime script analysis

Logistics Trends and Insights

Using Video Data Analysis to examine 67 YouTube videos of porch pirates engaged in criminal activity, the authors develop a Crime Script Analysis and identify Situational Crime Prevention (SCP) practices that can interrupt porch piracy.