Logistics Viewpoints

APRIL 22, 2024

More importantly, we needed to capture the knowledge of our subject matter experts on how to make all of that happen.” Available-to-promise functionality seeks to ensure a company has the requisite manufacturing and logistics capacity to deliver an order to a customer on the date they want it. IT systems can be part of the problem.

Optimal Sourcing 135

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 135

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

Supply Chain Planning Software Scenario Planning Data Freight 52

Ship Monk

AUGUST 30, 2023

Today we’re going to look at how to calculate ecommerce conversion rates, identify some things that may be turning customers away, and what you can do to improve conversion rates. So, what is the right kind of data and how do you gather it? If you’re on the low end of this scale, there’s room for improvement.

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Trinity Logistics

JANUARY 19, 2024

Foundational Model This is where the training/learning takes place, where you’re teaching the AI how to look at things and look at input. Generative AI is first trained on a foundational model and then fine-tuned with human feedback and additional data. That is one example of a public version of Generative AI.

Supply Chain Software 114

Supply Chain Software Logistics Network Optimization Software Modeling Software Supply Chains 114

FreightWaves SONAR

APRIL 7, 2023

And while contract rates are more stable, prevailing market conditions will affect routing guide compliance and the available capacity of contracted carriers. Second, more data and technology is available to help shippers and their supply chain partners benchmark and optimize networks.

Cost Reduction 52

Cost Reduction Price Reduction Strategy Freight 52

Logistics Business Magazine

AUGUST 31, 2023

This article by SHIPSTA addresses six of the most common challenges that can surface in peak shipping season, while providing solutions on how to best address them. Running tenders, launching RFQs, analysing the outcomes and going through a truly data-driven decision process, can now become a matter of minutes instead of weeks.

Optimal Sourcing 50

Optimal Sourcing Negotiating Skills Sourcing Strategies How To 50

FreightWaves SONAR

APRIL 1, 2021

Major shippers and transporters have only so much space available to work within LTL shipping capacity. Every inch of space available in delivery vans, trucks, semis and cargo crates is valuable. In this example, the shipping rate would be based on the DIM pricing weight of eight pounds. Capture pricing data for LTL freight.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

Logistics Viewpoints

JANUARY 31, 2024

In smart manufacturing, for example, the deployment of a multitude of sensors and devices for real-time monitoring of machinery, predictive maintenance, and quality control are primary use cases. These concerns mean that industrial companies need to carefully consider how to integrate this new technology into their long-term strategies.

Supply Chain Design Software 159

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 159

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.

Data 52

Data Optimal Sourcing Optimization Software Security 52

Logistics Business Magazine

SEPTEMBER 13, 2022

Neil Adcock, Managing Director at Bis Henderson Consulting , reveals how to unlock the value hidden in returns data. To determine the appropriate returns strategy retailers need to understand what is going on and tapping into returns data may unlock some important insights. Getting hold of the data.

Data 54

Data Cost Reduction Purchasing Skills Sourcing Strategies 54

Trinity Logistics

SEPTEMBER 16, 2021

Before we jump into how to reduce your transportation costs, it’s essential to understand what factors are causing them to rise. As a result, you’ll end up saving time and becoming available for your more important tasks. For example, you may be required to use their specific providers as a condition of doing business with them.

Cost Reduction 74

Cost Reduction Expense Reduction Price Reduction Vendor Strategies 74

Trinity Logistics

APRIL 24, 2023

Whether you’re new to refrigerated trucking or a veteran, it’s important your company knows how to properly transport temperature-controlled products, from pick-up through delivery. If this is not done and the shipper requests a reefer download after delivery, the data will be inaccurate. Well, that can depend on several factors.

Refrigeration 62

Refrigeration How To Temperature Trucking 62

Ship Monk

FEBRUARY 9, 2024

Demand forecasting is the process of estimating how many units of each product you’ll need to cover demand for a given sales period, without running out of stock or having to take excessive post-holiday markdowns. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 86

eCommerce Inventory Reduction Operations Modeling Software 86

FourKites

DECEMBER 23, 2020

Both of those methods require the real-time tracking and predictive ETAs available through a supply chain visibility platform. As a case in point, here is an example from FourKites customer Eastman, which used FourKites to avoid delays and damaged goods through a hurricane in the southeastern US earlier this year. 4: Mitigate Risk.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Waste Reduction 52

Talking Logistics

MAY 7, 2018

There are many buzzwords in the supply chain and logistics industry today, and perhaps there’s none bigger than “Big Data.” Everybody talks about it, but what does Big Data really mean? When it comes to leveraging Big Data effectively in your organization, where do you begin? What is Big Data?

Data 61

Data Logistics Network Optimization Software Supply Chain Software Logistics 61

Logistics Bureau

OCTOBER 29, 2020

Suppose you wanted to be the fastest runner in the world, for example. This is a question that frustrates businesses if they only have data that is anecdotal and subjective, and lack the quantitative hard data that really tells them what’s going on. Good Data is Key to Success with SCOR. Those levels are “benchmarks”.

Supply Chains 79

Supply Chains How To Scenario Planning Cost Reduction 79

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. Sea Change—A Supply Chain Career is now seen as ‘Cool’.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Logistics Viewpoints

FEBRUARY 12, 2024

In smart manufacturing, for example, the deployment of a multitude of sensors and devices for real-time monitoring of machinery, predictive maintenance, and quality control are primary use cases. These concerns mean that industrial companies need to carefully consider how to integrate this new technology into their long-term strategies.

Supply Chain Design Software 127

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 127

EazyStock

DECEMBER 13, 2021

Since the COVID-19 pandemic took hold, businesses across the globe have faced stock availability challenges. However, there are steps you can take to improve your inventory management processes and be better prepared to prevent regular stock availability crises in your business. Ensuring your Data is Accurate and Up-to-Date.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

EazyStock

MARCH 17, 2021

In this piece, we’ll take a look at some of the top types of supply chain disruptions, the impacts that they have on your supply chain, how to mitigate whatever risk you can and finally how you can handle supply chain disruptions once they occur and come out on top. Types of Supply Chain Disruptions. Impacts from Disruptions.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 78

EazyStock

MARCH 22, 2022

Fluctuating demand and supply volatility have made accurate demand forecasting even more challenging for two reasons: Using last year’s sales data as a base for forecasts is a ‘no go’, as demand fluctuations due to the pandemic skew the data. How to overcome demand forecasting challenges. Use appropriate historical data.

Supply Chain Planning Software 52

Supply Chain Planning Software How To Supply Chain Design Software Supply Chain Software 52

Logistics Bureau

OCTOBER 19, 2020

Suppose you wanted to be the fastest runner in the world, for example. This is a question that frustrates businesses if they only have data that is anecdotal and subjective, and lack the quantitative hard data that really tells them what’s going on. Good Data is Key to Success with SCOR. Those levels are “benchmarks”.

Supply Chains 62

Supply Chains How To Scenario Planning Cost Reduction 62

Trinity Logistics

NOVEMBER 30, 2021

There are so many different software platforms available and providers who offer transportation management software. How can you choose the best software and provider option for you? You’ll have access to experts who know how to make use of all the tools and reporting.

Supply Chain Design Software 85

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 85

Logistics Viewpoints

APRIL 19, 2023

Second, what is autonomous planning in supply chain, and what are some practical examples? And finally, how does a company achieve autonomous planning? Then there’s the question of how much to hold at the central warehouse to replenish the MFCs as well as how to dynamically allocate receipts at the cross-docks.

Supply Chain Planning Software 132

Supply Chain Planning Software Optimal Sourcing Scenario Planning Manufacturing Procurement 132

Logistics Business Magazine

MAY 10, 2024

Powered by data-driven virtual models that can simulate real-world operations, digital twins are allowing the sector to predict the future and plan for it. This generates masses of data, which can be stored and analysed to offer insights into an operation. This helps to build a complete data set and deliver accurate predictions.

Digital 43

Digital Logistics Network Optimization Software Modeling Software Sorting 43

GlobalTranz

NOVEMBER 12, 2015

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. Increased Visibility.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

Logistics Viewpoints

DECEMBER 12, 2023

Businesses would like to make the most of their investments in warehouse automation, but they’re not sure how to do that. A WES autonomously gathers real-time signals from across the warehouse, then applies artificial intelligence (AI), machine learning (ML), and data science to create plans and solve problems. The result?

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 168

GoShip Blog

AUGUST 2, 2022

How to increase brand awareness? For example, simple demographic data will show you the most active age group and their activities or occupations. Once an online shopper becomes your customer, they expect a personalized approach and constant availability. Communicate with customers.

Supply Chain Design Software 52

Supply Chain Design Software How To Logistics Network Optimization Software Eliminating Excel in Purchasing 52

Logistics Viewpoints

NOVEMBER 8, 2023

Ultimately, sustainability benchmarking can help companies to understand whether their initiatives are effective and give guidance on how to make improvements. For example, air shipments are the worst in terms of carbon emissions, releasing 63 times the emissions when transporting goods of the same weight over the same distance.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Sourcing Strategies Optimization Software 130

GlobalTranz

JUNE 16, 2021

USDA Data Points to Capacity Shortage After Capacity Shortage Through Produce Season. The availability of seasonal workers and a labor shortage in general due to the pandemic, as well as its effects of personal transportation and ability to get to the field, remains. What Are Shippers Doing to Find Capacity in a Tightening Market.

Capacity 71

Capacity Transportation How To Resource Reduction 71

Logistics Bureau

APRIL 5, 2021

Failure to Share Data. Another major issue is that people don’t share data enough. When I see 3PL relationships going off the rails, 55% to 65% of the time it is because accurate data wasn’t being shared sufficiently from the outset. Data about your products. Failure to Share Enough Information on Operations.

3PL 63

3PL How To Negotiating Skills Supply Chain Design 63

Logistics Viewpoints

APRIL 27, 2023

When you begin researching Warehouse Management System ( WMS ) software, you’re probably running into some difficulties in the budgeting process because pricing is not always readily available. For example, monthly subscription fees, any software support charges, and data migration fees.

Supply Chain Planning Software 121

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Supply Chain Software 121

World Food Programme Logistics

APRIL 6, 2020

How data is boosting WFP’s response to COVID-19 Chief economist Arif Husain explains how cutting-edge tech is supporting assistance by agency and wider humanitarian community Deir Hafer, Syria?—?WFP data informs how we respond, prepare and adapt. Ensuring relevant information is available?—?and

Data 52

Data Resource Reduction Security Supply Chain Software 52

GlobalTranz

NOVEMBER 17, 2016

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. Ask Traditional Questions, and Let Big Data Provide Answers. However, the fundamental problem remains. Increasing order efficiency. Demand forecasts.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Talking Logistics

SEPTEMBER 18, 2018

Advances in truck platooning and autonomous vehicles, for example, are increasing safety and decreasing fuel cost and emissions, allowing carriers to offer more efficient and cost-effective service. They then communicate their data-driven advantages to carriers in a way that makes complex information clear and approachable.

Data 72

Data Optimization Software Logistics Network Optimization Software Optimization 72

Parade

MAY 15, 2019

In a review of a freight brokerage customer with yearly revenue of approximately $180M, their carrier Rolodex (list of carriers) available in their TMS is about 19,000 carriers! If none exist, determine available carriers who have done a similar load before. Each carrier sales rep is on their own island, and so is their data!

Negotiating Skills 60

Negotiating Skills Freight How To After-sales 60

FourKites

DECEMBER 11, 2020

We’ll list some examples of inventory risks below, but generally speaking, inventory risk cost can be assessed as the probability of any event occurring which can damage or cause you to lose your investment in that inventory, coupled with the total value of potential lost goods. Examples of inventory carrying costs. Opportunity Costs.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Resource Reduction 52