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Understanding Freightonomics with Anthony Smith

The Logistics of Logistics

Anthony transitioned to a Corporate Economist & Consultant, advising CXO leaders and Fortune 500 companies on economic analysis, industry trends, and internal strategy. He led analysis around M&A, pricing sensitivity, competitive intelligence, and annual sales forecast for the executive team. Anthony on LinkedIn.

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Top 10 Practical Supply Chain Management Tips for Businesses

3PL Links

The primary goal of the supply chain is increasing efficiency, and in order to do this, it prioritizes distribution, inventory control, cautious supplier selection, and ongoing process optimization. It goes beyond simply being an operational strategy.

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Taking a Big Picture View of Supply Chain Networks

Logistics Viewpoints

I recently read a thought-provoking report with several predictions about the future of supply chain technology. Our strategy was to lead with shippers, then onboard their vast networks of carrier, broker and 3PL partners. Supply chain data is of little value if it isn’t packaged for efficient access and consumption.

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The Latest Challenges Faced by Global Supply Chains

MTS Logistics

Cybersecurity Threats As supply chains become more digitized, vulnerability to cyberattacks increases and can disrupt operations, compromise sensitive data, and even halt production. The post The Latest Challenges Faced by Global Supply Chains appeared first on More Than Shipping.

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The Generative AI Revolution: A Glimpse Into Logistics 4.0

Trinity Logistics

Alex marveled as the AI suggested new routing strategies that outperformed traditional methods. Customer interactions presented another challenge. Though AI could suggest new routing strategies or predict potential challenges, the decision-making power remained with people. No longer were decisions merely human-driven.

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AI in Supply Chains: People Will Always Be Needed

Trinity Logistics

While it can examine an image and draw basic conclusions, the context and understanding are both entirely missing from its analysis. These limitations minimize the tasks for which AI technologies can, and should, be leveraged. We can leverage the technologies present today to enhance exception identification and management.

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Technology Helps Executives Meet Logistics Challenges

Penske Move Ahead

A well-thought-out technology strategy and commitment to technology investment—targeted at core elements of the cost equation—will be crucial to shifting carriers' cost curves," he wrote in the report, which was presented by Penske Logistics.