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

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FreightWaves SONAR

SEPTEMBER 23, 2021

Shippers are at a disadvantage in negotiations with carriers and brokers unless they have adequate data and real-time information surrounding the freight market. The lack of information available to shippers leaves them vulnerable when it comes to holding carriers accountable, especially in times of disruption. Request a SONAR Demo.

Negotiating Skills 97

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FreightWaves SONAR

JUNE 5, 2023

Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.

Supply Chain Planning Software 52

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CH Robinson Logistics

SEPTEMBER 28, 2021

Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. As a researcher at Michigan State’s Broad College of Business, I will explain how I arrived at this figure, based on available data. Analysis of employment data.

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FreightWaves SONAR

MARCH 9, 2021

Data for data’s sake lacks value, especially in the view of the supply chain. And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

Data 98

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Blue Grace Logistics

MAY 6, 2022

Data and optimization can improve efficiencies in supply chains, save shippers money and reduce greenhouse gas emissions, according to logistics experts who shared insights last Friday in honor of National Supply Chain Day. “In I don’t think most shippers understand that because the access to that data isn’t totally available to them.”.

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FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022. and Target Corp.

Data 52

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FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

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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

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FreightWaves SONAR

NOVEMBER 24, 2020

Supply chain intelligence and actionable insights must apply the most accessible, near real-time data available. Analytic data resources for brokers are great, but it’s equally important to realize that FreightWaves SONAR is much more than a broker-exclusive resource. Market dynamics of freight management can turn on a dime.

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FreightWaves SONAR

MARCH 11, 2021

Global trade data and shipping demand management are not just things that high-tech companies and international investors need to worry about. This focus makes proper use of global trade data and analytics so vital for continued recovery and growth throughout the supply chain network. Streamline data collection and analysis.

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Freightos

APRIL 15, 2024

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. I can’t export maritime incident data from the US Coast Guard (which could use some tech) but based on this report there were 18 bridge allisions in the United States between 1960 and 2015.

Digital 108

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Locus

OCTOBER 17, 2023

Today, teams are armed with data like never before, making the jobs of NFL scouts more efficient. But what is it about a data-driven approach that gives scouts the edge? NFL teams ensure that their targeted big-match players are fit and available for the upcoming games.

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GoShip Blog

AUGUST 29, 2022

In this day and age where people’s data is being input into most, if not all, websites people are using; it is important that this valuable information is protected. Without proper data integrity, third parties or those with malicious intent may access your data without permission for their own personal gain.

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The Logistics of Logistics

JANUARY 19, 2024

Eliminating Inefficiencies: Onward’s data-driven platform tackles the inefficiencies of traditional big and bulky delivery. This premium service is available not just in major cities but also in underserved areas, thanks to Onward’s expanding network of qualified professionals.

Logistics Network Optimization Software 247

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FreightWaves SONAR

MARCH 8, 2021

The abundant data sources can make the process of assessing the market more difficult than necessary. Shippers and carriers should make more definitive decisions in selecting their data sources. Because data sources matter to assess accurately and objectively the over the road trucking market. . Download the White Paper.

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FreightWaves SONAR

MARCH 25, 2021

Reaching mutually beneficial service level agreements (SLA) or trade agreements depends on the access and utilization of current logistics data and a decent amount of preparation. Far too often, there is a severe lack of real-time logistics data to work with during this process. Download the White Paper.

Scenario Planning 98

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FreightWaves SONAR

APRIL 8, 2021

Data represents an integral part of daily life for most people, and it is no different within the transportation industry. That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too.

Optimization Software 98

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Logistics Viewpoints

APRIL 4, 2024

In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste. Looking back on that week of straight rain in August, not only were my tips affected, but the data for future forecasts was as well!

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FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages.

Data 98

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FreightWaves SONAR

FEBRUARY 17, 2021

Mobile data can play a pivotal role in building the supply value chain. Mobile devices have functions that provide valuable data for the supply value chain. But even more importantly, this freight data enables shippers to optimize their company’s operations in various ways by avoiding overspend and more.

Supply Chain Planning Software 98

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Blue Grace Logistics

MARCH 7, 2024

BlueGrace heralds acquisition of Evos Smart Tools Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 7, 2024 Jeff Berman | Logistics Management March 7, 2024 Tampa, Fla.-based A purchase price for the transaction was not disclosed.

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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

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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

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Freightos

JANUARY 30, 2024

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. And though there are still reports of tight space and equipment at Asian export hubs, congestion remains minimal, and there are signs space and equipment availability may already be improving. Europe – N.

Optimal Sourcing 111

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FreightWaves SONAR

MARCH 25, 2022

Once users upload their lane-level data for analysis, they can quickly click over to the SONAR “Network View” to see the average benchmark rate and fuel for each origin market. FreightWaves is also adding the Global Supply Chain Pressure Index (GSCPI) to the list of available data in its SONAR platform.

Data 52

Data Supply Chain Software Supply Chains Tools 52

FreightWaves SONAR

MAY 19, 2021

Since its introduction in 2018, FreightWaves SONAR has provided subscribers with the most current freight market data, analysis and insights. SONAR is the only freight forecasting platform that combines contract tender data with spot rate data and creates predictive freight rates.

Data 52

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FreightWaves SONAR

DECEMBER 8, 2020

Therefore, enterprises need to know how to apply transportation data to increase on-time shipping performance. . Aggregate data from beyond the four walls of your business. Yet all benchmarking begins with access to the right supply chain data. Augment on-time shipping performance with freight data at your fingertips.

Data 82

Data Resource Reduction Cost Reduction How To 82

Stord

APRIL 24, 2024

Specific industries measure specific KPIs, and AI is an easy way to pull data in and get real, usable and actionable metrics back. Brands typically have data on consumer and market "signals" relevant to forecasting; However, many lack the ability or tools to understand how these "signals'' affect demand.

Supply Chain Planning Software 88

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GlobalTranz

OCTOBER 19, 2016

Editor's Note: This is a blog from our friend Augie Grasis who shows us how big data can work to our advantage with dynamic freight pricing. One of the big buzzwords in many industries is “Big Data.” One example of the utilization of Big Data is dynamic pricing of LTL freight. Understanding this (and acting on it!)

Price Reduction 96

Price Reduction Data Freight 3PL 96

FreightWaves SONAR

MARCH 15, 2021

According to Supply Chain 24/7 , “ In the industry right now, there are 10 orders to ship for every available truck; however, a large portion of private fleets are running their assets with a significant amount of empty backhaul miles. Poor data analytics cause disruptions. and it can all quickly add up. Download the White Paper.

Optimal Sourcing 72

Optimal Sourcing Procurement Negotiating Skills Data 72

SYSPRO Smarter ERP

MARCH 15, 2023

To manage this delicate balance of demand and supply, manufacturers often use statistical forecasting techniques to predict future demand by looking at historical sales data. The program uses built-in intelligence that perform data analytics in the background and select the most suitable algorithm for each item to be forecasted.

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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

GlobalTranz

AUGUST 21, 2018

We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. How shippers can overcome rising rates by getting access to better data all while increasing customer loyalty and retain customers. Listen to “How Shippers Can Compete Against Rising Transportation Costs & Competition Using Data” on Spreaker.

Data 59

Data White Paper Transportation eBook 59

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

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FreightWaves SONAR

NOVEMBER 19, 2020

Having experienced market growth in size and volume of tenders, Opus9 realized its existing freight market data intelligence tools were not giving their customers the best rate information. The post Opus9 delivers better service by applying SONAR data to stay competitive appeared first on SONAR. View the Full Case Study.

Case Study 71

Case Study Data Study Resource Reduction 71

Parade

FEBRUARY 4, 2019

Starting with Location Data A robust carrier intelligence (Link to Article) system uses a mixture of data sources to procure capacity in an intelligent manner. Brokerages must think of an alternative data source outside of tribal knowledge to procure high quality and profitable carrier capacity.

Optimal Sourcing 60

Optimal Sourcing Data Sourcing Strategies Price Reduction 60