Top 10 SCM Trends in 2023
Supply Chain Brain
APRIL 30, 2023
Through consistent data analysis, Setlog can predict how supply chain trends will evolve and how market conditions change due to current events.
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Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains
3PL Links
DECEMBER 28, 2023
Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.
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Predictive Analysis in Logistics and Supply Chain: How to Apply
3PL Links
DECEMBER 3, 2023
Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms.
Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis
Log-hub
NOVEMBER 22, 2023
In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years.
Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis
Log-hub
NOVEMBER 22, 2023
In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years.
Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis
Log-hub
NOVEMBER 22, 2023
7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.
The State of Supply Chain Trends Part IV: Data Analysis, Wearables, and the Cloud
GlobalTranz
JANUARY 16, 2017
Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Moreover, cloud technology enables global access to information, explains Ship Rocket, so companies can ensure continued uptime regardless of local events or issues.
How to Prepare your Supply Chain and Prevent Inventory Stockouts During Events like COVID-19
Stord
MARCH 24, 2020
How do you prepare your supply chain for events that you can’t forecast? So how do you prevent inventory stockouts when your demand forecasting didn’t allow for an event like COVID-19? Build a network of forward stocking locations and use your supply chain’s historical inventory data to make decisions.
Supply Chain Trends for 2022: Answers to Your Top Questions
CH Robinson Logistics
FEBRUARY 10, 2022
Making the most out of today’s challenging supply chain trends requires a deep understanding of the market and timely information that helps you achieve a competitive advantage. event of 2022, my colleagues, Christina Carroll, vice president of LTL, Alan Rowlett, director of global operations and strategy, and I set out to offer exactly that.
Demand Forecasting in an Inflationary, Supply-Constrained, Semi-Post-Pandemic Environment
Logistics Viewpoints
JUNE 8, 2022
At that time, I wrote about the COVID pandemic, and how similar events occur that elevate the uncertainty of the market. These events make accurate forecasting very difficult. I tend to use time series analysis as an anchor to my forecast, as I suspect many of you do. So, what methods can we apply to better gauge future trends?
Generative AI in Supply Chain: How It Impacts Your Logistics
Trinity Logistics
JANUARY 19, 2024
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. Public AI is great to use for idea generation, but only put in anonymized data, that’s if you put in any data at all.
Near-real-time data-driven route optimization best practices
FreightWaves SONAR
APRIL 8, 2021
Data represents an integral part of daily life for most people, and it is no different within the transportation industry. That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too.
Predictive analysis: How it improves supply chain visibility
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. With forecasting the future supply chain and logistics events, the companies can be in a competitive position and prevent any monetary loss. billion USD to 12.4
Is It Time to Move Beyond the Traditional Approach to IBP?
Logistics Viewpoints
APRIL 11, 2023
Event-driven IBP – technological capabilities to monitor internal and external events (Supply Chain Control Tower) in real time. Contextualize and quantify event impact and be able to trigger re-plan in an integrated supply chain planning solution to create an executable and feasible plan.
3PL Warehousing Trends for 2022
Camelot 3PL Software
JANUARY 16, 2022
As we chug along into the first quarter of 2022, the trends we observed last year continue to play out. The impacts of these trends can be significant. In addition to quicker order processing times and more efficient picking processes, 3PL warehouses are now required to have more connected systems to manage orders and data.
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The Data Needed to Transform Supply Chains
Talking Logistics
APRIL 17, 2018
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. Supply chain leaders are wanting their organizations to be data-driven.
2023 supply chain and logistics management trends
EazyStock
JANUARY 6, 2023
The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. ABC/XYZ analysis can help identify the most valuable items to your business.
2023 supply chain and logistics management trends
EazyStock
JANUARY 6, 2023
The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. ABC/XYZ analysis can help identify the most valuable items to your business. Supply chain issues.
Freight Costs: 5 tips to get the biggest bang for your buck
FreightWaves SONAR
JULY 24, 2023
As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. Measuring performance with transportation KPIs and freight data is getting easier. Transportation management depends on historical and real-time data. Think about this.
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April 9, 2024 Update
Freightos
APRIL 9, 2024
More Resources Home April 9, 2024 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 increased 2% to $3.36/kg.
Top 10 Practical Supply Chain Management Tips for Businesses
3PL Links
APRIL 5, 2024
Increasingly quick delivery requirements, fluctuating transportation costs, and unpredictability of outside events are just a few of the supply chain management difficulties businesses confront. Optimize inventory The goal of inventory optimization is to effectively control stock levels by preventing shortages or excesses.
The 7 Best Events For Freight Shipping in 2015
GlobalTranz
MARCH 26, 2015
Are you up-to-date with the latest events in freight shipping and logistics? 7 of the Best Freight Shipping Events to Attend in 2015. Check out some of the country’s top freight shipping conferences and events for the rest of 2015: Can innovative technology, new business models and eCommerce re-boot the business of logistics?
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How Machine Learning Optimizes the Supply Chain
TransAudit
JUNE 27, 2023
The supply chain, an integral part of modern commerce, continues to evolve, learning from the impacts of industry trends and global events over the years. It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution.
2022 Shipping Expectations and Trends: An Overview
MTS Logistics
DECEMBER 16, 2021
With sky high rates, space and equipment issues and other unexpected events, we are about to close out 2021 which will go down in the history of shipping as one of the most chaotic, challenging, and troubling years ever. million TEUs of orders placed in all of 2015, according to data from a sister product of JOC.com within IHS Markit.
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The Future of Ocean Data Sharing and Visibility
Talking Logistics
APRIL 17, 2019
What factors are driving this trend? How are these advancements improving the way data is shared in ocean transportation? The EDI transactions would feed milestone events into the company’s transportation management system (TMS). This data is collected via APIs, eliminating the need for EDI transactions.
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How Machine Learning Optimizes the Supply Chain
TransAudit
JULY 6, 2023
The supply chain, an integral part of modern commerce, continues to evolve, learning from the impacts of industry trends and global events over the years. It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution.
Why A Successful Transportation Management Program Is Empowered By Data
GlobalTranz
NOVEMBER 19, 2015
6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. In this post we will talk about how you can improve your transportation management program by focusing on using data, extracted from the use of technology, such as a transportation management system, that then people can use to continuously improve.
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July 26, 2023 Update
Freightos
JULY 26, 2023
Blog " * " indicates required fields Email * More Resources Home July 26, 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.
The New Definition of Supply Chain Agility and Resilience in an Unpredictable World
Logistics Viewpoints
JANUARY 26, 2021
Geopolitical events. While creating a demand-driven supply chain means ingesting and interpreting large volumes of data, advances in cloud computing and edge computing make data-based decision making easy and cost-effective. Natural disasters. Tariffs and trade regulations. The rise of ecommerce. A Positive Example.
Why Strategic Partnerships Enable OTR Freight Management
GlobalTranz
OCTOBER 6, 2021
In fact, a recent study , in partnership with Edelman Data & Intelligence, found a broad increased level of confidence from supply chain leaders despite peak season disruptions among those that have successfully implemented data-driven, third-party resources to manage heightened activity levels. Learn More.
How Big Data And Analytics Are Transforming Supply Chain Management
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.
What is Supply Chain Resiliency?
Logistics Viewpoints
MARCH 25, 2021
Your organization’s ability to anticipate disruption, adapt to events, and build resiliency is rooted in how you maintain operational continuity. A wide range of events could prevent your supply chain from operating normally, but not all events have an equal impact. The average cost of a data breach reached $3.86
Connecting the Dots: The Game-Changing Benefits of Supply Chain Visualization
Log-hub
SEPTEMBER 4, 2023
In today’s business trends it’s impossible to overstate the significance of supply chain visualization. Unprocessed Data : Achieving real-time visibility across the entire supply chain is a challenge due to the speed at which data is generated, processed, and shared.
Connecting the Dots: The Game-Changing Benefits of Supply Chain Visualization
Log-hub
SEPTEMBER 4, 2023
In today’s business trends it’s impossible to overstate the significance of supply chain visualization. Unprocessed Data : Achieving real-time visibility across the entire supply chain is a challenge due to the speed at which data is generated, processed, and shared.
Beat your transportation budget this year without sacrificing service
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. Unforeseen externalities like weather events, infrastructure issues or congestion in other modes can suddenly emerge to have an impact on rates and service.
DFB Tech Stack: Making the Most of Truckload Rate Benchmarks
Parade
MARCH 18, 2021
Meanwhile, the added data visibility allows brokers to forecast future contracted freight and plan accordingly. You can see pricing trends geographically, which allows you to set realistic prices for individual lanes. Here are a few beneficial types of data you can collect by using a truckload pricing tool. Predict Ratings.
DFB Tech Stack: Making the Most of Truckload Rate Benchmarks
Parade
MARCH 18, 2021
Meanwhile, the added data visibility allows brokers to forecast future contracted freight and plan accordingly. You can see pricing trends geographically, which allows you to set realistic prices for individual lanes. Here are a few beneficial types of data you can collect by using a truckload pricing tool. Predict Ratings.
DFB Tech Stack: Making the Most of Truckload Rate Benchmarks
Parade
MARCH 18, 2021
Meanwhile, the added data visibility allows brokers to forecast future contracted freight and plan accordingly. You can see pricing trends geographically, which allows you to set realistic prices for individual lanes. Here are a few beneficial types of data you can collect by using a truckload pricing tool. Predict Ratings.
Four Ways to Future-Proof Your Warehouse
GoShip Blog
JULY 11, 2022
The danger in not future-proofing your warehouse is that you risk a dip in efficiency and customer satisfaction, should an unprecedented event rock your business’ stability. Changes in market situations and consumer trends will continuously put pressure on your supply chain. Analyze data.
6 Tips to Build a Logistics Metrics Scorecard That Guides Decisions
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.
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Protecting Your Customers Brand with True Remote Monitoring
WorkWave
OCTOBER 5, 2022
Brand-damaging events can come in many different forms, but maybe none are more inconspicuous than those caused by pests. These brand-damaging events can cause disease and illness within the community and destroy a company’s image, sometimes forever. Time To Read: 3 minutes.
Implementing AI in Supply Chain and Logistics
GoShip Blog
JUNE 16, 2021
With the volume of data entering the supply chain every day, AI computing technology has the potential to shift business trends to encourage revenue. . AI in supply chain and operations can efficiently handle data for analysis and automated functions. Prepare granular data. Improved supplier relationship.
The American trade imbalance and port congestion
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.
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7 Tips For Building Supply Chain Resiliency
GlobalTranz
APRIL 20, 2021
Whether it’s a pandemic, severe weather events, trade disputes and tariffs, economic upheaval, or even unexpected surges in customer demands, you can’t prepare for every eventuality. Utilize a TMS That provides real-time data to remain agile. Many companies rely on data that may lag several days.
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