Logistics Bureau

SEPTEMBER 4, 2023

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

Negotiating Skills 89

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FreightWaves SONAR

JANUARY 25, 2021

It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.

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Trinity Logistics

NOVEMBER 30, 2021

Using transportation management software (TMS) is a powerful way to gain control and visibility over your supply chain. But trying to decide which transportation management provider to use can be overwhelming. There are so many different software platforms available and providers who offer transportation management software.

Supply Chain Design Software 85

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GlobalTranz

NOVEMBER 8, 2018

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. How Surface Mode Shippers Can Compete in E-Commerce Logistics. Order volume.

Analysis 60

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FreightWaves SONAR

DECEMBER 30, 2020

Data-driven transportation management , including the checks and reviews that accompany healthy data management practices, are part of the process of getting the most out of the tech stack. This remains key to the overall success of investments within supply chain analysis. Think about it.

Supply Chain Planning Software 98

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GlobalTranz

JULY 28, 2021

Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. Defining Transportation Optimization.

Optimal Sourcing 126

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FreightWaves SONAR

APRIL 5, 2021

Tracking market trends within truckload rates relies heavily on data and analysis. Managers don’t want to learn that they are essentially paying a higher transportation rate with one carrier when another freight carrier offers a much more competitive truckload rate. Download the White Paper.

Negotiating Skills 94

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CLX Logistics

DECEMBER 1, 2022

Would you trust a mechanic that didn’t know how to change a tire? Proper transportation management can help you mitigate risk, better control shipping speed, increase efficiency and adaptability, and lower costs. Do: Use a Good Transportation Management System. Do: Focus on Data.

Supply Chain Planning Software 98

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FreightWaves SONAR

MAY 17, 2023

Logistics is a complex and swift-changing industry, and decision makers need to be armed with accurate data – and actionable insights – when navigating the evolving landscape. Shippers understand the importance of data. In fact, SONAR SCI customers reduce transportation costs by 4-10% on average. “It

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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.

Optimization Software 98

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FreightWaves SONAR

DECEMBER 29, 2020

Transportation brokers continue to search for new applications and uses of technology to empower more informed decision-making. However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Remember, transportation brokers ’ whole business is freight management.

Data 52

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GlobalTranz

NOVEMBER 19, 2015

Today we continue our long series and look at teaching shippers how to remain strategic when it comes to logistics and their transportation management program. 6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. The Use of Data to Create a Successful Transportation Management Program.

Data 77

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United World Transporation

FEBRUARY 20, 2020

There are some key tips that will help carriers create a predictable service schedule, which will make them a sought-after supplier for freight transportation. Data Analysis. The only way to get better at something is to evaluate how you’ve done it in the past. Communication. Plan Ahead.

How To 73

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Blue Grace Logistics

FEBRUARY 6, 2023

Although supply chains are starting to normalize and rebound, COVID-19 exposed a lot of weaknesses and led shippers to gain a better understanding of the importance of data portfolios, which is the primary purpose of outsourced logistics solutions. Visibility and data remain top-value propositions that outsourced logistics entities solve for.

Supply Chain Design Software 62

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3PL Links

FEBRUARY 14, 2024

Image source: Flickr | Logistics Planning 2024: How To Carry out Logistical Planning for This Year Have you ever given the recent evolution of logistics any thought? Read also: How to Make Reverse Packaging Logistics More Efficient? How to carry out logistical planning for 2024? Why is logistical planning necessary?

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Talking Logistics

NOVEMBER 29, 2017

Supply chain and logistics professionals face many challenges, including drowning in data! This is especially true in transportation management, as companies work across many modes, many geographies, and many sources of data, including from GPS and mobile devices. Why is this so important today?

Data 60

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Log-hub

JULY 25, 2023

Explore our groundbreaking approach that leverages Data Analytics and AI to revolutionize demand forecasting. Learn how to reduce stockouts and overstocks by 20% – 40% with a solution customized to your company. Inaccurate or incorrect data directly impacts the quality and reliability of forecasting.

Data 40

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Shipchain

MARCH 10, 2020

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. Benefits of Data for Last-Mile Delivery.

Data 62

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Turvo

FEBRUARY 8, 2022

Knowing how to build this network and set up a platform that provides the data, resources, and support needed becomes difficult. Knowing how to set up such a freight carrier network can give supply chains a significant advantage over competitors. Databased dashboard for fast data analysis and sharing in the network.

Optimization Software 77

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GlobalTranz

NOVEMBER 16, 2016

The amount of information and improvement possible through big data can be overwhelming. Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. How to Get Started with Your Big Data Strategy. . This is where the explanation of big data begins. .

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Blue Grace Logistics

MARCH 24, 2022

Prescriptive and predictive analytics help companies see the proverbial iceberg coming and learn how best to avoid it. How to Implement High-Level Analytics in Logistics. They use historical data to determine which strategies and decisions are most likely to move the company closer to their goals. level of analytics.

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CLX Logistics

APRIL 22, 2024

How to Elevate Your Logistics Operations with AI & ML Technology Global supply chain organizations are embracing digitization to propel their supply chain planning to new heights. It involves analyzing historical data, information such as market trends and other relevant factors, and the knowledge to anticipate future demand accurately.

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Carter Logistics

SEPTEMBER 5, 2018

How to Get the Most ROI from Supply Chain Logistics. Never Stop Analyzing Your Logistics Data. In the world today, data is king, and you can bet that your competitors are trying to use it to their fullest advantage. Outdated methods for transporting your products can be a hassle that wastes time and money. Blog Topics.

Supply Chains 111

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Locus

JUNE 16, 2023

Last-mile delivery is the crucial stage of transporting goods from the retailer’s transportation hub to the ultimate delivery destination. Read also: How to Calculate the Cost of Transport 2. Read also: What Makes Every Delivery More Efficient Than the Last How to reduce delivery costs of last-mile?

Cost Reduction 98

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Log-hub

DECEMBER 12, 2023

Your most valuable tool in such situations is making decisions based on data. Did you know that the impact of data-driven decision-making is significantly amplified when disruptions occur? Leveraging data-driven decision-making has the potential to yield improvements of up to 10% in conditions characterized by disruptions.

Supply Chain Design Software 52

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Logistics Bureau

JULY 18, 2022

Once you have gathered the data relating to your customers’ needs, you should be able to see if a single logistics strategy will work for your entire customer base, or whether you need to take a segmented approach. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Transportation management systems (TMS).

Inventory Reduction 106

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Logistics Bureau

NOVEMBER 16, 2020

The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. Another option is to work in a warehouse, or in transport, or maybe in customer service where you are dealing with people all the time. You could be particularly numerate, or into analysis.

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FreightWaves SONAR

APRIL 2, 2024

You don’t have to use historical data to justify your contracts…or at least you shouldn’t. Transportation pros from the executive seat down to the entry-level analyst have better data to lean on to make their jobs easier. This is where having external benchmarking and analysis data becomes critical.

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Trinity Logistics

JULY 6, 2021

Data is a key driver for the strategy on this one. With Trinity’s solutions, we included unlimited users who can access updates and data 24/7 via the cloud. Data has quickly become one of the world’s most valuable resources. Now let’s say you do have access to good, tangible data. PAIN POINT 4: BUSINESS INTELLIGENCE.

Optimization Software 71

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Logistics Bureau

OCTOBER 10, 2022

The second is when you implement segmentation of the SKUs in your portfolio based on Pareto analysis. How to Improve Forecast Accuracy for Optimal Inventory. Explore options for faster transportation from overseas suppliers (switch from ocean to air freight, for example). How to Calculate Economic Order Quantity.

Inventory Reduction 114

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Stord

MARCH 24, 2020

Build a network of forward stocking locations and use your supply chain’s historical inventory data to make decisions. Connect your enterprise resource platform, warehouse management system, transportation management system and inventory management system so you have real-time visibility into your supply chain network.

Supply Chain Design Software 78

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GlobalTranz

SEPTEMBER 23, 2015

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. What Is Supply Chain Big Data? How Does Big Data Improve a Supply Chain?

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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.

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Logistics Viewpoints

FEBRUARY 20, 2024

This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model. Every forecast typically begins with internal company historical shipment data. After all, in the world of supply chain management, the only constant is change.

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IoT World Today

JUNE 25, 2019

As use cases for IoT technology continue to emerge in the transportation and logistics sector, from predictive fleet and freight management to autonomous cars, another potential use case could be evolving under the wheels of the industry’s vehicles. Some of the data will come through existing reports, inspections and blueprints.

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GoShip Blog

APRIL 22, 2022

When it comes to supply chain and logistics, analyzing customers’ preferences can set the tone for your transportation volumes and sales growth. How to implement demand forecasting in your supply chain? For instance, if you’re a successful eCommerce retailer, you may want to know how to draw more customers by boosting your website.

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GoShip Blog

MAY 13, 2022

A transportation management system (TMS) represents digital software that helps businesses plan, execute, and optimize logistics operations. Transportation management systems influence the core logistics operations and the overall business model. Logistics data storage. Reduced transportation costs. What is a TMS?

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