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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 And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

Data 98
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Precise, Comprehensive Data in Air Freight

Logistics Business Magazine

. “Air freight forwarders should use this period to ensure that they can provide the airlines with the additional data required,” advises DAKOSY authorized officer Dirk Gladiator. In any case, the participating service providers must deliver more comprehensive data that meets a very high standard.

Data 56
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How to create a reliable supply chain with effective forecasting and inventory management

SYSPRO Smarter ERP

An enterprise resource planning (ERP) system can automate and provide a systematic approach to creating a forecast from historical data. It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Stay Agile, Get Ahead.

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[INFOGRAPHICS] How Manufacturing Data Will Transform The American Manufacturing Industry

GlobalTranz

This article will focus on the proliferation of manufacturing data available in the industry, and how this data can improve business decisions. The Rise Of Manufacturing Data Analysis. This process is referred to as ‘data cleansing.’ For example, choosing which suppliers are the best , most valuable partners.

Data 101
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Exploring the Horizon: Next Steps in Container Security

MTS Logistics

By leveraging such capabilities, shipping lines can not only enhance security measures but also position themselves as leaders in delivering secure, reliable, and efficient transportation services. As industry embraces ongoing innovation, the future holds the promise of a safer and more secure global supply chain.

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Liquid Lens Technology to Small Code Reader

Logistics Business Magazine

The SICK Lector611 image-based code reader reliably reads 1D, 2D and stacked codes even when they are low contrast, contaminated or of poor quality. As well as code-reading duties in fast-moving production and logistics, is therefore ideal for reading direct marks on electronics or automotive components, for example.

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Demand Forecasting in an Inflationary, Supply-Constrained, Semi-Post-Pandemic Environment

Logistics Viewpoints

I tend to use time series analysis as an anchor to my forecast, as I suspect many of you do. However, the relationship between variables can shift, making them less reliable indicators in given circumstances. For example, interest rate hikes tend to deter lower priority investments and those that require debt financing.