New Year Resolution: Start Collecting More Data in 2021

Blue Grace Logistics

A new calendar year is a perfect time to set some goals for your organization and start planning new business strategies. As you might have guessed from the title, it’s time to start collecting more data. The Big Benefits of Big Data. Simply put, good data drives better service.

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Logistics Manager Analysis: Forecasting and S&OP… Big data, big decisions

247 Customs Broker

However, as the supply chain changes so rapidly, especially with the… The post Logistics Manager Analysis: Forecasting and S&OP… Big data, big decisions appeared first on 24/7 Customs Broker News. Analysis Article Equipment Features IT & Software Logistics & Supply Chain Michelle Mooney News strategy Supply Chain Supply Chain Analysis customs broker customs clearance freight imports logistics shipping

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Logistics Manager Analysis: Forecasting and S&OP… Big data, big decisions  – Logistics Manager Magazine

247 Customs Broker

However, as the supply chain changes so rapidly, especially with the… The post Logistics Manager Analysis: Forecasting and S&OP… Big data, big decisions – Logistics Manager Magazine appeared first on 24/7 Customs Broker News. Analysis Article Equipment Features IT & Software Logistics & Supply Chain Michelle Mooney News strategy Supply Chain Supply Chain Analysis customs broker customs clearance freight imports logistics shipping

How Do Supply Chain & Transportation Leaders Get Started Using Their Big Data Strategy?

Cerasis

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. . �. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . How to Get Started with Your Big Data Strategy. . This is where the explanation of big data begins. .

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How ZoomInfo Enhances Your Database Management Strategy

Forward-thinking marketing organizations have continuously invested in a database strategy for enabling marketing processes. Download this ebook to learn how to maintain a strategy that includes refreshed information, database cleanses, and an accurate analysis at the same time.

The State of Supply Chain Trends Part IV: Data Analysis, Wearables, and the Cloud

Cerasis

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Powered by an increasing number of connected devices via the Internet of Things , automated data entry is empowering usable data and allowing more companies to replace legacy systems or integrate new technologies with existing systems. Data analysis is the companion of cloud-computing technologies.

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5 data prerequisites for carrier predictive freight rating in logistics

FreightWaves SONAR

And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Carriers simply need to know where to send trucks and the proper freight rating or pricing strategies to use.

BluJay Launches Data Insight and Analysis Tool

Logistics Business Magazine

BluJay Solutions has launched BluIQ by BluJay, a data and insight analysis tool that offers real-time, actionable supply chain data in a configurable visual dashboard. This API-enabled data solution provides a two-way connection with BluJay’s supply chain execution applications, to allow for action on specific data directly from the BluIQ dashboard. This solution is part of the Data component of our DNA strategy.

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What Makes Data So Valuable?

Shipchain

Today’s hottest commodity is data. Nowadays, how you study, manage, and protect your data can make or break you. Read on for an analysis as to why data is so valuable and how you can be optimizing it. So What is Data? In simplest terms, data is any set of facts or figures. Moreover, with society’s increasing resilience on technology, the amount of data created is growing exponentially. What Makes Data So Valuable?

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The Data Needed to Transform Supply Chains

Talking Logistics

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. The Hackett Group provides a useful visual for describing the maturity stages that supply chain is moving through as the industry strives to leverage data and advanced analytics. We all know how the industry handles the data issue.

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Supply Chain Big Data: Why Supply Chain Leaders Are Using Big Data Analytics

Cerasis

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. As a result, business leaders can reap a significant return on investment by thoroughly analyzing this data. What Is Supply Chain Big Data? Supply Chain big data is the ultimate compilation of data gathered in the course of business.

Data 105

Why Benchmarking Alone Isn’t Enough for Proper Transportation Cost Analysis

Cerasis

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. . Benchmarking as a Hard Rule within Transportation Cost Analysis Can Be Damaging. Do you benchmark yourself against yourself year over year or even if you know your industry well enough to get accurate data as a shipper?

How Can Data Improve Supplier Decisions?

Cerasis

A growing trend across all industries has been the application of big data , with the use of algorithms and the hiring of data scientists becoming commonplace. As businesses collect and store an ever increasing amount of data, the algorithms required to make sense of this data will become even more valuable. Data, Data, Everywhere… but Make Sure your Drinking from the Right Hose. This process is referred to as ‘data cleansing.’.

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Data-Driven Transportation Management and Its Role in Driving Stronger Tech Stack ROI

FreightWaves SONAR

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.

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The 5 Key Reasons Why Data Quality Is So Important

Cerasis

Editor's Note: Today's blog comes from Katie Cruze at considerdigital.com who give us the top 5 reasons why data quality is important. Data, for most companies, is often collected for record-keeping purposes. Data is collected when an inspection is completed, an employee’s performance is reviewed, and maintenance is recorded, or even when a safety meeting is conducted. For many companies, managing the quality data can seem like an overwhelming task.

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Predictive analysis: How it improves supply chain visibility

20Cube Logistics

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. Reasons why one should not skip using the predictive analysis. Let’s look at some of the benefits of predictive analysis: Identifying real-time patterns and data accurately.

Logistics Manager Analysis: ERP Systems… I want it all, and I want it now  – Logistics Manager Magazine

247 Customs Broker

But more data is being generated than ever before, and with artificial intelligence and mobile data changing… The post Logistics Manager Analysis: ERP Systems… I want it all, and I want it now – Logistics Manager Magazine appeared first on 24/7 Customs Broker News. Analysis Article Equipment IT & Software Logistics & Supply Chain Michelle Mooney News strategy Supply Chain customs broker customs clearance freight imports logistics shipping

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Parcel TMS Analytics: There’s Gold in the Data

Cerasis

Data-driven analytics enables you to make cost-effective transportation decisions. However for most shippers, parcel spend is poorly understood because shipping data is often locked up in point solution silos, such as carrier-provided systems and websites, in a variety of different formats. The first step is to collect all the data required to support optimal decision-making within the shipping function. Data TMS

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Why A Successful Transportation Management Program Is Empowered By Data

Cerasis

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. The Use of Data to Create a Successful Transportation Management Program. Businesses are often left with questions about the origination of such data.

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How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

Cerasis

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology. Ask Traditional Questions, and Let Big Data Provide Answers. Data Leadership Supply Chain

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6 Benefits of Applying Useable Data in Logistics For Continuous Improvement

Cerasis

Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Shipping processes revolve around a million-trucks-worth of data. Take a look at how your data can be used for continuous improvement across your organization.

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How Freight & Transportation Data Can Trim Your Transportation Spend

Cerasis

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Without hard data, you can’t take action. When enterprises try to act in the absence of data, they are usually guessing and won’t get the results they need. However, as we’ve noted in a previous post, getting the right data is key as well. Luckily, this isn’t the case for transportation data.

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What’s Big Data in Supply Chain & Logistics? Why Should I Be Looking at This Tech Trend?

Cerasis

Data reflect all the small, seemingly insignificant details of the modern world. From a review of your personal bank account spending habits to larger, more advanced processing capabilities, data evolve and expand with each passing day. It is real, and the volume of data being produced every 48 hours rivals that of all data and information gathered over thousands of years of human history, explains Bernard Marr. Big data in supply chain is not a new concept.

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5 Inventory Reduction Strategies to Drive Cost Savings

EazyStock

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. Which inventory reduction strategy is the best?

Freight Data Trends for 2019 and How a TMS Will Grow in Value

Cerasis

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. Shippers need to consider how the freight data trends will affect dropshipping, omnichannel shipping, reporting capabilities, and much more. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

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Editor’s Pick: Updating Your Planning Strategies to Industry 4.0

Talking Logistics

Are you on board? ” — I shared strategies to digitalize the planning office with advanced planning technology to keep abreast with in an industry that is increasingly replacing the human workforce with robotics to gain better efficiency, increase cost-savings and build higher agility. The onset of robotics, intelligent manufacturing and data-driven optimization enables standardization of processes crossing supply, production and distribution irrespective of product lines and categories.

Supply Chain Data Visibility Paramount as Industry Lurches into Next Chapter

IoT World Today

Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk. Practitioners must develop a data analytics strategy that gives them insight into supply chain aberrations before catastrophe sets in. “If

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Finding Truck Capacity Is More Than Location Data: The Carrier Intelligence Game

Parade

Starting with Location Data Creating a carrier system of records and intelligence system will be the first step towards freight brokerage digitization. A robust carrier intelligence system uses a mixture of data sources that crosses multiple data sets, multiple systems of record like a Transportation Management System (TMS), a Carrier Management System (CRM) and other valuable information pools like government safety records.

Supply Chain Analytics: A Continued & Renewed Focus on Using Data for Improvement

Cerasis

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. As the supply chain grows increasingly focused on meeting the demands of an increasingly data-driven and customizable world for consumers and business to business partners, the need for continual improvement and better visibility will continue to drive analysis of available supply chain analytics.

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Look Before You Leap: Avoid Unintended Consequences with Your Logistics Strategy

Logistics Problem Solving

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. It is much better to look before you leap and test against historical data before you deploy. Testing is not only a good idea, it is crucial to developing a logistics strategy. Without testing you are not going to know the full impact of the strategy, positive or negative, until it is deployed.

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Warehouse Operations: Optimizing the Picking Process

Cyzerg

First, no one strategy or technology fits every case. Second, effectively improving warehouse operations requires a combination of data collection, process improvement, and technology. When optimizing the picking process in a warehouse, it is important to recognize two key concepts.

Look Before You Leap: Avoid Unintended Consequences with Your Logistics Strategy

Logistics Problem Solving

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. It is much better to look before you leap and test against historical data before you deploy. Testing is not only a good idea, it is crucial to developing a logistics strategy. Without testing you are not going to know the full impact of the strategy, positive or negative, until it is deployed.

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Coming up with a strategy for transformation

Automotive Logistics

Transformation strategy. To do that CHEP launched its ‘Be a Transformer’ strategy in June 2018 and Gilder says the company has made significant progress. “As In preparation for the launch of Be a Transformer, CHEP held a three-day strategy workshop to look at its business and what was happening in the market, as well as uniting the team to speak with one voice. . “We We knew we had to change the culture first before we could implement any kind of strategy,” says Gilder. “We

The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

Amazon is at the nexus of ecommerce, data, and logistics, with a drive to constantly improve their logistics network. That’s 258 operational facilities in the US and another 486 distributed around the world (see map below, data from MWPVL ). And the career data below spells out a strong ocean slant. Team Analysis. The Senior Capability Development Manager will own the company’s import strategy.

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10 Steps to Check If Your Business Is Ready For Big Data

Freight Hub

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 right strategy can propel the smallest of competitors through better, data-based decision making in international transport to the front of industrial battle lines. The reason behind the application of data is immense. The ways we collect data has evolved too.