Rail Roundup: Tech tools to locate railcars, forecast port volumes

The Supply Chain Journal

Zurich, Switzerland-based Nexxiot and Calgary, Alberta-based TransRail Innovation Group (TRIG) are scheduled to roll out to North American companies in July a technological tool that integrates TRIG’s proprietary rail cargo sensors into Nexxiot’s modular hardware and cloud data network.

Tools 83

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 solution is part of the Data component of our DNA strategy.

Tools 36
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What Shipping Analytics Tools Should Freight Market Participants Have in Their Freight Stack?

FreightWaves SONAR

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. Collaboration means parties must share data in real-time.

Tools 68

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

GlobalTranz

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

Tools 104

Top 5 Barriers to Supply Chain Network Design Adoption and How to Overcome Them

Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS

Want to build your internal capability, reduce costs and make better decisions? It's easier than you think. This on-demand webinar shares research findings from Supply Chain Insights, including the top 5 obstacles that bog you down when trying to improve your network design efforts.

NZCS demo recap: FreightWaves SONAR unveils carbon footprint tool

The Supply Chain Journal

With a degree in finance and over 13 years of experience in transportation data analytics, he also produces a weekly market update. FreightWaves LIVE: Events Podcast Inside SONAR News Sustainability Net Zero Carbon Summit NetZeroSummit SONAR SONAR data update sonar release

Demo 52

FreightWaves Carbon Intelligence: New tools to monitor carbon footprint

The Supply Chain Journal

FreightWaves, the leading provider of data and analytics to freight and logistics markets, announced Thursday (Earth Day) a new platform called FreightWaves Carbon Intelligence (FCI). FreightWaves is the world’s leading provider of freight market forecasting, data, news and analysis.

Tools 63

Loadsmart uses optimization tool to reduce customers’ carbon footprint

The Supply Chain Journal

Based on data analytics, the company’s platform is designed to provide the most cost-effective and environmentally sustainable mode for shipments based on custom requirements set by their customers. FreightWaves: Why was it important for Loadsmart to come out with mode optimization tools?

New Year Resolution: Start Collecting More Data in 2021

Blue Grace Logistics

As you might have guessed from the title, it’s time to start collecting more data. The Big Benefits of Big Data. Digitalization also creates the opportunity to collect data that would otherwise fall into the unknown. Simply put, good data drives better service.

Data 62

Managed Services Clarifies Data In The Chemical Supply Chain

Trinity Logistics

Chemical manufacturers collect and use a lot of data in their supply chain. They deal with data on their products, customers, transportation, storage, operations and more. You can find ways to manage your data in one place using a 3PL’s Transportation Management System (TMS).

Freight and trucking data: how historical and contract load tender data create a trucking rate predictor

FreightWaves SONAR

Freight and trucking data makes for an excellent resource for shippers and logistic service providers (LSPs) alike. The data obtained from historical and contract load tender information creates a valuable tool – a trucking rate predictor.

Data 56

Using ABC Analysis in Inventory Management

EazyStock

What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. The Three Classifications used in ABC Inventory Analysis. ABC Analysis and the 80/20 Rule.

How Data Can Improve Last-Mile Delivery

Shipchain

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.

Data 62

Is Your Data Ready For AI and the Emerging Technologies?

LandLink

Data is the new precious metal and it is becoming more essential than ever before. Technological leaps like blockchain, artificial intelligence and machine learning run on data. Careful and Regular Data Collection is Critical Data management is not a “set it and forget it” activity.

Data 99

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

GlobalTranz

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?

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.

Data 79

Near-real-time data-driven route optimization best practices

FreightWaves SONAR

Data represents an integral part of daily life for most people, and it is no different within the transportation industry. Capture market data in near-real-time Real-time data represents a valuable tool for logistics managers when planning and adapting routes for the real world.

Amway cuts costs with transportation procurement tool

Transporeon

The challenge For many years, Amway had used a generic sourcing tool that only facilitated communications with the company’s carriers rather than providing access to a supplier database and a collaborative environment to conduct sourcing events. Even with the e-procurement tool, Amway’s Global Trade Operations group still relied on Excel to consolidate and analyze the data, a time-consuming process requiring hundreds of hours of data manipulation and cleansing.

Tools 48

The 5 Key Reasons Why Data Quality Is So Important

GlobalTranz

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.

Data 88

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. Of course, it is also critical to apply data across all activities to identify which loads are ripe for the taking.

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.

What data is available to track intermodal freight shipping rates

FreightWaves SONAR

One of the most popular tools that drives the supply chain to new heights is the process of intermodal freight shipping. Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes.

What is transportation rate forecasting and why do I need real-time data to forecast accurately

FreightWaves SONAR

Understanding why rate forecasting is so vital and how accurate data and analysis can help improve predictions are essential. How automated real-time data analytics and mobile dashboards are improving shipping services for supply chain management.

Demo 71

How to price freight loads: carriers that use data price more accurately

FreightWaves SONAR

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.

Demo 70

How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis. But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition. XYZ Analysis.

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.

Demo 70

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

GlobalTranz

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. . Gather Stakeholders, and Explain the Potential ROI of Your Big Data Strategy.

Data 94

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. Practitioners must develop a data analytics strategy that gives them insight into supply chain aberrations before catastrophe sets in. “If

Data 114

Celebrating the crossroads of data and research — Taking the Hire Road

The Supply Chain Journal

ATRI collects and processes truck GPS data in support of many U.S. Using GPS data from over 1 million trucks, ATRI has developed an ongoing truck bottleneck analysis of truck traffic congestion at over 300 locations around the nation’s interstate highway system.

How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis. But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition. XYZ Analysis.

Big Data And Your Carrier Profile

LandLink

Our industry is solidly in the realm of "Big Data". Big data is like any other data except there are massive amounts of it available from which your transportation providers estimate your overall value as a customer. Data analytics and predictive analysis have become the leading indicators of a company's future business levels. If your organization is not utilizing these tools to predict future needs you may be leaving leveraging power at the bargaining table.

Data 48

Using Big Data to Drive Manufacturing Sales: 3 Big Takeaways from the USMTO Reports

GlobalTranz

The United States Manufacturing Technology Orders (USMTO) data report is compiled monthly by the Association for Manufacturing Technology (AMT). Based in Virginia, AMT was founded in 1902 and specializes in providing targeted business assistance, extensive global support, and business intelligence systems and analysis to its members and industry as a whole. What is the USMTO Data Report? Why Wenzel America Uses the USMTO Data Reports.

Data 98

Freight tech: Three reasons why APIs provide freight parties rich data insights

FreightWaves SONAR

Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI), and machine learning are expected to figure prominently in future supply chain operations. Freight tech APIs collect data in near real-time. Supply chains are continually advancing.

Demo 60

How Parade Secures and Protects Your Freight Brokerage’s Data

Parade

Freight brokerages who want to benefit from technology solutions like Parade must first be willing to give their technology partners access to data about their carriers and load opportunities. However, in sharing your data with a third party, there are concerns about 1) How they will use your data, and 2) Who they will share your data with. So, in this post, I outline Parade’s approach to securing your data and ensuring your privacy. Who Can Access Your Data?

How Parade Secures and Protects Your Freight Brokerage’s Data

Parade

Freight brokerages who want to benefit from technology solutions like Parade must first be willing to give their technology partners access to data about their carriers and load opportunities. However, in sharing your data with a third party, there are concerns about 1) How they will use your data, and 2) Who they will share your data with. So, in this post, I outline Parade’s approach to securing your data and ensuring your privacy. Who Can Access Your Data?