Trinity Logistics

JANUARY 19, 2024

Now, there’s a lot of definitions out there, but here’s how I define it. Generative AI is first trained on a foundational model and then fine-tuned with human feedback and additional data. Its responses are based on data it has consumed and a resultant powerful prediction mechanism. What is Generative AI?

Supply Chain Software 116

Supply Chain Software Logistics Network Optimization Software Modeling Software Supply Chains 116

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

20Cube Logistics

NOVEMBER 13, 2019

Predictive analysis, today is part of all major business operations and processes to help forecast trends, events and to find solutions for complexities. According to Forbes, predictive analysis is mandatory in logistics as it relies heavily on accuracy and timeliness to achieve success. The supply chain market is set to grow from 4.56

Supply Chain Software 40

Supply Chain Software Analysis Supply Chains Inventory Reduction 40

SYSPRO Smarter ERP

JANUARY 23, 2023

Reporting requires businesses to collect and track data on their ESG performance and report this information in a transparent and consistent manner. This involves implementing processes and systems for collecting and reporting on data, and some businesses may need to ensure that the information is verified by a third party.

ERP 111

ERP Waste Reduction Optimal Sourcing Supply Chain Planning Software 111

Shipping and Freight Resource

DECEMBER 9, 2021

Executive Insights is a series by Shipping and Freight Resource that provides useful insights and thoughtful analysis on what is happening in the maritime, shipping, freight, logistics, supply chain and trade industries. But just data alone is not going to assist. SFR : Ok, it seems like DCSA has definitely been doing a lot of things.

Data 90

Data Supply Chain Planning Software Supply Chain Software Digital 90

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

Parade

JULY 17, 2019

Freight brokerages who want to benefit from technology solutions like Parade must first be willing to give their technology partners access to data about their carriers and load opportunities. However, in sharing your data with a third party, there are concerns about 1) How they will use your data, and 2) Who they will share your data with.

Security 60

Security Data Optimization Software Optimal Sourcing 60

Parade

JULY 17, 2019

Freight brokerages who want to benefit from technology solutions like Parade must first be willing to give their technology partners access to data about their carriers and load opportunities. However, in sharing your data with a third party, there are concerns about 1) How they will use your data, and 2) Who they will share your data with.

Security 60

Security Data Optimization Software Optimal Sourcing 60

Parade

JULY 15, 2019

Freight brokerages who want to benefit from technology solutions like Parade must first be willing to give their technology partners access to data about their carriers and load opportunities. However, in sharing your data with a third party, there are concerns about 1) How they will use your data, and 2) Who they will share your data with.

Security 60

Security Data Optimization Software Optimal Sourcing 60

Logistics Viewpoints

APRIL 11, 2023

Majority of IBP solutions in the market have significant limitations in granularity and variety of data that can be ingested and modeled – hampering the ability to model real world and leading to ineffective decision making. Capabilities you should be looking to real world data modeling.

Supply Chain Planning Software 122

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 122

EazyStock

OCTOBER 10, 2018

Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. In most enterprise scenarios, the volume of data is too big, moves too fast and exceeds processing capacity of existing applications.

Inventory Reduction 45

Inventory Reduction Supply Chain Planning Software Inventory Modeling Software 45

Shipping and Freight Resource

DECEMBER 7, 2021

Supply chain visibility data tracked by project44 indicates that berthing delays are causing a huge build-up of export containers within port terminals and creating a big spike in container dwell times globally. . According to latest data from project44, export containers at the Port of Los Angeles took an average of 11.85

Logistics Network Optimization Software 104

Logistics Network Optimization Software Definition Data Sourcing Strategies 104

Forto

JULY 25, 2018

Few topics hold the prestige of logisticians like Big Data. The applications of Big Data in business are numerous. In freight management, Big Data yields opportunities for improvement. The reason behind the application of data is immense. The ways we collect data has evolved too. Why Is Big Data Important?

Supply Chain Planning Software 40

Supply Chain Planning Software Data Optimization Software Optimal Sourcing 40

Turvo

JULY 30, 2021

There has been a definitive increase in the number of shippers working to harness these new TMS functions and capabilities. It Analyzes Data Across the Full Network to Enable Financial Planning and Strategy. As a result, faster fulfillment and greater transparency are achieved thanks to better data analysis.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Transportation 98

CLX Logistics

FEBRUARY 22, 2024

From streamlining sourcing and supplier management to optimizing contract negotiations and spend analysis, AI and ML offer various capabilities that can revolutionize procurement management operations and drive sustainable value creation.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

Freightos

DECEMBER 28, 2023

More Resources Home December 28, 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. Europe weekly prices fell 17% to $3.97/kg

Negotiating Skills 77

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 77

Conger

MARCH 28, 2024

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. The software centralizes data, provides real-time information, and automates tasks.

Optimization Software 75

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 75

Logistics Viewpoints

AUGUST 3, 2022

My research process at ARC includes the review and analysis of publicly available information, as well as interviews with corporate executives and market participants to obtain additional “color”. So I expect Daifuku’s warehouse automation business, by ARC’s definition, grew within a reasonable range of 20%. percent to 3.79

Supply Chain Software 132

Supply Chain Software Automation Materials Handling Analysis 132

Logistics Business Magazine

JANUARY 16, 2023

The remote agile medium definitely makes it more manageable for staff and is a lot more practical and cost effective for us as a business than the traditional on-site approach.

Procurement Solutions 61

Procurement Solutions Purchasing Skills Procurement Analytics Logistics Network Optimization Software 61

Turvo

AUGUST 24, 2021

Today, the definition of supply chain resiliency has been changed in ways that have caused ripple effects. Real-time data is critical to the supply chain’s smooth operations day in and day out. Faster communication with automated messaging and data sharing. Data collection and analysis can be accurately applied to the network.

Optimization Software 98

Optimization Software Supply Chain Software Logistics Network Optimization Software Supply Chains 98

Logistics Viewpoints

FEBRUARY 28, 2022

Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI). It is also worth pointing out, that based on this definition, not all forms of machine learning are particularly complicated.

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 169

GoShip Blog

JULY 21, 2022

Understanding your customer base involves carrying out an in-depth analysis of your archetypal customer. When conducting this analysis, your goal should be to identify and describe your target audience’s longings, desires, needs, and challenges. A customer profile is one of the ultimate goals of customer analysis.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Analysis Study Digital 52

Logistics Viewpoints

MARCH 4, 2021

Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats. Planners spend their precious time collecting and synthesizing the data to drive insights.

Supply Chain Planning Software 156

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 156

EazyStock

MAY 11, 2021

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC classification (otherwise known as ABC analysis ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning. Coupa meets this definition.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 121

The Logistics of Logistics

FEBRUARY 11, 2022

In the Cloud model, upfront costs primarily consist of: WMS implementation (requirements definition, system configuration, system and user acceptance testing, integration to existing corporate and/or material handling systems, go-live support, etc.). Implementation Costs: $200,000 to $750,000 (driven by operational complexity).

Modeling Software 221

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 221

Logistics Business Magazine

JANUARY 11, 2023

Two, almost three exceptional years for carriers are definitely coming to an end. In this regard, the industry’s major concern will be on having systems interact directly via automating the Data-Analysis-Decision-Action cycle. Labor dissatisfaction might grow in European and North American economies.

Supply Chain Software 66

Supply Chain Software Supply Chains Industry Negotiating Skills 66

MTS Logistics

NOVEMBER 15, 2023

Artificial intelligence is in its infancy but that doesn’t negate its current and, most definitely, future importance in all areas, especially logistics. We have control over what AI is programmed to do and at this point, artificial intelligence is really just a simple tools based off of complex data sets.

Logistics Network Optimization Software 87

Logistics Network Optimization Software Supply Chain Software Logistics Definition 87

Logistics Business Magazine

JULY 1, 2022

That is why we have conducted extensive surveys and analysis. BB: Firstly, there is the potential of digitalization, particularly the growing importance of data- and cloud-based solutions. Our goal is to make our customers’ supply chains fit for the future through intelligent software and transparent data points.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 58

Logistics Business Magazine

JUNE 13, 2022

That is why we have conducted extensive surveys and analysis. A: Firstly, there is the potential of digitalisation, particularly the growing importance of data- and cloud-based solutions. Our goal is to make our customers’ supply chains fit for the future through intelligent software and transparent data points.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Modeling Software Procurement Solutions 59

Logistics Business Magazine

JANUARY 19, 2021

Those key drivers and attributes that first draw people into distribution management – being able to coach and develop a team to meet definitive targets and efficiencies, plus having a strong ‘operator ‘ mindset – are still valued, but modern, digital warehousing certainly requires much greater depth and more varied IT skills.”.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Supply Chain Design 75

GlobalTranz

DECEMBER 4, 2014

As a technology company ourselves, who offers a transportation management system for manufacturers and shippers, we value this post as it talks about the importance of using the data we all find in our business. You must pay attention to the sequence of the logic offered in the data. It’s a great read!

Data 99

Data Optimization Software Logistics Network Optimization Software Resource Reduction 99

Logistics Bureau

MAY 24, 2021

If anything, the unprecedented disruptiveness of the COVID crisis has highlighted the flaws in traditional methods of inventory calculation, which are based mainly on historical demand analysis. Most of today’s inventory planning software products are equipped with the engines and logic necessary to sense demand signals from recent data.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Globalior

JUNE 26, 2020

Definitely a role that will transition well to a home based environment. Data Analysis: Some data analysts will do well working from home. However in many companies, a data analyst also has to do extensive data entry. Trade compliance: The Trade compliance team can work effectively from home.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 52

MTS Logistics

DECEMBER 27, 2022

There were definitely some challenges, like the last-minute winter storm that snarled air travel in many parts of the U.S. Department of Commerce data showed the U.S. The decreased trade-deficit data comes at a time when the U.S. and resulted in some shipping delays in key markets across the country. Just today, U.S.

Supply Chain Software 88

Supply Chain Software Supply Chains Price Reduction Definition 88

Logistics Viewpoints

DECEMBER 1, 2022

Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023. The verdict would have been “definitely nailed it” if we were counting all of the “ML-washing” going on in the supply chain and logistics technology market.

Cost Reduction 119

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 119

Talking Logistics

DECEMBER 3, 2018

It goes well beyond just digitizing data and displaying it on a dashboard. There is so much talk, and varying interpretations, about digital transformation, that I began our discussion by asking Roger for his definition and what he sees as the current adoption rate. What are those critical first steps and success factors?

Digital 60

Digital Supply Chain Planning Software Supply Chain Software Procurement Solutions 60