Remove Analysis Remove Definition Remove Strategy Remove Trends
article thumbnail

The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

The definition of agility and resilience will continue to evolve. The creation of a new digital ecosystem has enabled these and other changes that will shape the definition of supply chain agility and resilience in the 2020s and beyond. There are Also Commercial Reasons. The Road to Agility and Resilience. A Positive Example.

article thumbnail

Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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. billion USD to 12.4 billion USD to 12.4

article thumbnail

Is It Time to Move Beyond the Traditional Approach to IBP?

Logistics Viewpoints

The post-COVID-19 (if we can claim to be post COVID) “new normal” will continue to be defined by new challenges and more importantly by the ability of the supply chain executives to manage disruption and their ability to power organization strategy and growth.

article thumbnail

What Are the Functions to Expect of Transportation Management Systems in Logistics?

Turvo

There has been a definitive increase in the number of shippers working to harness these new TMS functions and capabilities. This trend is helping drive TMS functionality as it promotes carriers and shippers to include these capabilities into their optimization and planning solutions. It Tracks Shipments From Cradle to Grave.

article thumbnail

Data Quality: Your Digital Transformation Depends on It

Logistics Viewpoints

I like the simplicity and clarity of Informatica’s definition of data quality: Data quality refers to the overall utility of a dataset(s) as a function of its ability to be easily processed and analyzed for other uses. So, what is quality data? What makes good data go bad? And what can you do to stop it before it’s too late?

Data 146
article thumbnail

Insights for Developing, Executing, and Monitoring your Parcel Freight to Meet Demand

CH Robinson Logistics

Having the right balance of shipping cost and performance to meet customer expectations while preserving margins requires a supply chain strategy that considers your company, markets, and customers. Developing the right strategy and executing it well has numerous benefits for both you and your customers.