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[INFOGRAPHIC] FreightWaves SONAR spot freight market data sources

FreightWaves SONAR

(Graphics created by Emily Ricks) There are ample opportunities to take advantage of spot versus contract freight data insights. Consider this; as reported by Louis Columbus of Forbes , “Machine learning algorithms and the apps running them are capable of analyzing large, diverse data sets fast, improving demand forecasting accuracy.”

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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. Throughout the supply chain, data-driven transportation management’s success is only as good as the data quality and integrity in use.

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How EazyStock Enhances Acumatica ERP Inventory Management

EazyStock

Most ERP inventory management modules have basic functionality to allow customers to manage stock across their supply chain. What most ERP’s don’t deliver, however, are the inventory optimization features for even greater success. Acumatica’s Inventory Management Capabilities. This is true of Acumatica.

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10 Ways for Truckload Providers Lower Detention and Demurrage Risk With Ocean Import Data

FreightWaves SONAR

An intimate relationship exists between truckload providers and ocean import market data. Fortunately, it’s easier than ever for truckload providers to lower detention and demurrage risk with these uses of ocean import data. View the full infographic below the text body of this blog. That one is the simplest of all.

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6 Inventory Control Techniques for Stock Optimization

EazyStock

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Read our blog on demand forecasting accuracy for more details. This keeps the data clean and easier to use for forecasting going forward. Many ERP and WMS systems will use one of these approaches.

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[Infographic] The Four Types of Transportation Analytics to Know

FreightWaves SONAR

Within the ever-changing shipping and freight management market, there is an underlying need to know and understand shipping data trends running throughout the industry. Data infrastructure has changed with cloud infrastructure, complex event processing (CEP) and the Internet of Things.

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How do you forecast lumpy demand?

EazyStock

Historical data trends and market knowledge of how demand can fluctuate are often used to forecast inventory demand. Different demand types or classifications If you analyze the historical sales data of every product in your warehouse, you’ll find that the demand for different items varies considerably. appeared first on.