Logistics Viewpoints

JUNE 29, 2021

In a prior post , I wrote about the various ways data is transforming global supply chains. Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). So, what is quality data?

Data 146

Data Supply Chain Design Software Supply Chain Planning Software Digital 146

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. This requires knowing precisely what details should be collected and trusting the sources of this data.

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

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.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

FreightWaves SONAR

SEPTEMBER 3, 2021

The FreightWaves SONAR Supply Chain Intelligence (SCI) platform now features emissions calculations that are compliant with the GLEC Framework, deepening its carbon intelligence data. SONAR SCI also has rate benchmarking and network analysis capabilities, making it a one-stop shop for measuring trucking network effectiveness.

Optimal Sourcing 94

Optimal Sourcing Data Logistics Network Optimization Software Supply Chains 94

The Logistics of Logistics

AUGUST 28, 2023

About DAT DAT Freight & Analytics, a subsidiary of Roper Technologies (NYSE: ROP), boasts the largest North American truckload freight marketplace, with data representing over 400 million freight matches and $150B+ in annual transaction data. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins.

Supply Chain Planning Software 361

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 361

FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. This includes sourcing materials, working with vendors, managing warehouses and transportation, and coordinating with retailers to ensure they can meet the changing demands of consumers while remaining profitable. and Target Corp.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

The Logistics of Logistics

NOVEMBER 1, 2023

He is known for his insightful analysis of the freight industry, his practical sales advice, and his engaging and informative speaking style. He previously founded CarrierLists, a carrier sourcing platform that was acquired by Highway in 2022. He is also the host of Put That Coffee Down, a popular freight sales show on FreightWavesTV.

Freight 326

Freight Logistics Network Optimization Software Waste Analysis 326

EazyStock

AUGUST 28, 2023

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands data-driven decision making. When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

Freightos

APRIL 27, 2023

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

FreightWaves SONAR

DECEMBER 15, 2020

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. Know the scope and value of a freight spend analysis.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

FreightWaves SONAR

APRIL 5, 2021

Tracking market trends within truckload rates relies heavily on data and analysis. The key to avoiding this kind of situation is predictive planning and analysis. This kind of real-time data analysis and application is essential for shippers to stay strategic and tactical as they forecast out contract and spot truckload rates.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

Freightos

DECEMBER 20, 2022

Sources: U.S. Well, an analysis of US import container volumes 1 as a share of consumer spending 2 in 2021 and 2022 to date implies that every $1,000 in ocean freight costs per forty-foot container accounts for 0.09% of personal consumption expenditures each year. 1 Import volumes based on Descartes Datamyne data.

Purchasing Skills 62

Purchasing Skills Analysis Cost Reduction Freight 62

EazyStock

JUNE 23, 2022

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Unstructured data isn’t as accessible to search or export and is often text-heavy.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

Material Handling and Logistics

JULY 13, 2018

One of the biggest obstacles to setting and implementing strategies for responsible sourcing is accessing reliable and current data and analysis, according to The Dragonfly Initiative CEO, Assheton Carter.

Sourcing Strategies 87

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Sourcing 87

Blue Grace Logistics

MARCH 7, 2024

Bank , offering a comprehensive analysis of freight shipping rates. This recurring publication serves as an invaluable resource for shippers, carriers, and logistics professionals, providing data-driven insights into the dynamic landscape of the transportation industry.

Collaboration 106

Collaboration Analysis Reliability Sourcing 106

Shipping and Freight Resource

NOVEMBER 30, 2022

Automatic Identification Systems (AIS) data provides benefits to many types of businesses, from maritime and shipping to commodity trading and investment analysis. While there are several options for AIS tracking data for most applications, here are 6 simple steps to determine the best solution for your needs.

Data 52

Data Maritime Meeting Analysis 52

Parade

MARCH 18, 2019

Starting with Location Data Creating a carrier system of records and intelligence system will be the first step towards freight brokerage digitization. Brokerages must think of an alternative data source outside of tribal knowledge to procure high quality and profitable carrier capacity.

Optimal Sourcing 84

Optimal Sourcing Data Capacity Price Reduction 84

247 Customs Broker

OCTOBER 30, 2020

“Spare Parts Logistics Market Scenario 2020-2028: The Global Spare Parts Logistics market exhibits comprehensive information that is a valuable source of insightful data for business… The post Analysis on Impact of covid-19 – Spare Parts Logistics Market 2020-2028 appeared first on 24/7 Customs Broker News.

Analysis 53

Analysis Logistics Sourcing Data 53

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.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

Logistics Viewpoints

MAY 1, 2024

Source: Deloitte The CSDDD is still awaiting final approval, but the core due diligence steps will require companies to identify potential, and actual adverse human rights and environmental impacts. This past month, DOW Jones launched a solution to reduce the burdensome processes of conducting a risk analysis on a company value chain.

Resource Reduction 116

Resource Reduction Sourcing Strategies Supply Chain Software Government 116

Blue Grace Logistics

DECEMBER 5, 2023

Bank , offering a comprehensive analysis of freight shipping rates. This recurring publication serves as an invaluable resource for shippers, carriers, and logistics professionals, providing data-driven insights into the dynamic landscape of the transportation industry.

Collaboration 114

Collaboration Analysis Reliability Sourcing 114

FreightWaves SONAR

JANUARY 11, 2021

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. Real-time trucking data helps to secure more capacity and better shipping rates.

Data 59

Data Capacity Optimal Sourcing Trucking 59

FreightWaves SONAR

NOVEMBER 17, 2020

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . It’s not solely about knowing basic rates – it’s about using freight data to make the best decisions for all loads – playing both the buy-side and sell-side aspects of freight brokering.

Data 52

Data Sourcing Strategies Transportation Freight 52

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 Analytics Maturity Model (Source: Hackett Group).

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 69

Logistics Business Magazine

APRIL 18, 2024

Proactively assessing the risks Taking risk assessment seriously and proactively by implementing technologies and insights into supply chain processes can help stay ahead of disruptions and concerns with data-driven decision making. This offers an alternative in the face of challenges that weren’t forecast.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Software Supply Chains How To 61

3PL Links

APRIL 29, 2024

Image source: Rawpixel | The Future of Supply Chain: Top 5 Supply Chain Trends in 2024 Managing the market’s intricacies will call for a proactive approach that goes beyond simply responding to demands as the halfway point of 2024 draws near.

Supply Chain Software 48

Supply Chain Software Supply Chains Optimal Sourcing Trends 48

GlobalTranz

MARCH 24, 2015

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. . Profits Need More than Benchmarking in your Transportation Cost Analysis.

Purchasing Skills 94

Purchasing Skills Cost Reduction Analysis Procurement Analytics 94

WorkWave

AUGUST 4, 2020

In the grand scheme of things, data analysis falls into the categories of descriptive, predictive, and prescriptive. While descriptive data presents existing figures, predictive data allows you to draw insights from trends in your descriptive data in order to make an educated guess about what might happen next.

Data 91

Data Procurement Analytics Sourcing Strategies Ordering 91

MTS Logistics

APRIL 3, 2024

Recent data indicates that 2024 has had the best start for U.S. Source: Descartes Datamyne™ Port Efficiency As always, the busiest ports in the U.S. Data from the first two months of 2024 indicates a concerning upward trajectory in port delays, reflecting ongoing operational strains. compared to the same month last year.

Sourcing Strategies 95

Sourcing Strategies Maritime Sourcing Maintainability 95

3PL Links

APRIL 5, 2024

Image source: Shipbob | Top 10 Practical Supply Chain Management Tips for Businesses Effective supply chain management becomes an increasingly important sector full of strategic opportunities and difficulties in an increasingly dynamic and complicated network.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Sourcing Strategies 48

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.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

Logistics Viewpoints

JUNE 26, 2023

The final goal was to develop end-to-end visibility based on leveraging data analytics. What a Supply Chain Digital Transformation Means Unsurprisingly, a company as large as Mars has a highly complex supply chain involving global sourcing, manufacturing, and distribution. It’s been highly resilient over hundreds of years.”

Supply Chain Planning Software 124

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 124

Logistics Problem Solving

APRIL 5, 2018

The difference between systems integration and a solution that integrates data is the most misunderstood concept in the market today. Companies sometimes think that systems integration is the same as data integration. Data Integration Offers More Value than Systems Integration. Data Integration vs. Data Aggregation.

Data 48

Data Tracking and Tracing Modeling Software Scenario Planning 48

Logistics Problem Solving

APRIL 5, 2018

The difference between systems integration and a solution that integrates data is the most misunderstood concept in the market today. Companies sometimes think that systems integration is the same as data integration. Data Integration Offer More Value than Systems Integration. Data Integration vs. Data Aggregation.

Data 48

Data Tracking and Tracing Modeling Software Scenario Planning 48

SYSPRO Smarter ERP

JUNE 9, 2022

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? After all, data is the foundation of digital transformation, and according to McKinsey the pandemic caused companies to accelerate their digital transformation plans by three to four years.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

FreightWaves SONAR

DECEMBER 29, 2020

However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. And it’s in this space where big data analytics can add the most value.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

Logistics Business Magazine

JANUARY 13, 2021

HERE Technologies , a leading location data and technology platform, has unveiled high-fidelity, 3D models of 75 city centers around the world to give software developers the geospatial data needed to build real-world visualizations of cities. Each kilometer of data is stored in small-sized tiles for efficient streaming and rendering.

Modeling Software 37

Modeling Software Optimization Modeling Modeling Data 37