Mastering Data Flow in Your Supply Chain
Supply Chain Brain
DECEMBER 11, 2023
It’s not too late to course-correct your data practices, but you have to take that first step sooner rather than later.
Top courses to upskill manufacturers
SYSPRO Smarter ERP
AUGUST 9, 2022
Here’s a list of top courses manufacturers should consider in 2022 to stay ahead: 1. Learning, for example, how to properly use systems and read data will improve business efficiency. The post Top courses to upskill manufacturers appeared first on SYSPRO Blog. Business Processes. Industry 4.0
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Everything to Know about Ecommerce Data Security
Ship Monk
JANUARY 31, 2024
Of course we’re talking about your ecommerce store’s data security. Exposure Through Data Transfer When you work with any third-party vendors, data is transferred between platforms. Data Security Protection 1.) who can see the data?), data encryption protocols (i.e.
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LTL in a Post-Yellow World with Curtis Garrett
The Logistics of Logistics
NOVEMBER 3, 2023
Their flagship course, Understand LTL: Building an LTL Brain , was released in November 2022 and is designed to make LTL less frustrating and intimidating. The course is unique in that it uses humor, visual appreciation, deep thinking, and lightbulb moments to help students learn about LTL. The Greenscreens.ai
Prove ROI and Make the Business Case for Industrial Content Marketing
Speaker: Achinta Mitra, Founder and President, Tiecas Inc.
It's the plight of an industrial marketer: over the course of a 12-18 month long buying cycle, you make contact with a whole host of influencers who read your content.who may or may not actually work in purchasing. You'll learn: How to measure your content's value - no matter how comfortable you are with analytics and data.
Chinese black out on Maritime Data as Automatic Identification System data blocked
Shipping and Freight Resource
NOVEMBER 23, 2021
That legislation is meant to regulate the flow of Chinese data overseas and ensure the gathering of such data is minimized, according to state-run media. That legislation is meant to regulate the flow of Chinese data overseas and ensure the gathering of such data is minimized, according to state-run media.
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Data Quality: Your Digital Transformation Depends on It
Logistics Viewpoints
JUNE 29, 2021
In a prior post , I wrote about the various ways data is transforming global supply chains. Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). So, what is quality data?
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Freight Market Intelligence: Data is crucial, but context is king
Freightos
APRIL 27, 2023
In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.
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5 Analytic Shipping Data Insights for Shippers From SONAR
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. Of course, there’s another advantage.
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U.S.-bound imports may be on course for new records, reports Port Tracker
Logistics Management
JUNE 7, 2021
For April, the most recent month for which data is available, import volume came in at 2.15 million TEU (Twenty-Foot Equivalent Units), marking a 33.4% annual gain, for its best April reading ever, compared to April 2020, when the majority of stores were closed, due to the pandemic. This came on the heels of March’s 2.27
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How to Use Data to Fuel Your Retail Reverse Logistics Strategy
GlobalTranz
FEBRUARY 25, 2021
Instead of being relegated to the margins, executives must rethink their strategy and consider how a data-driven reverse supply chain can add more value and improve profit margins. The Benefits of a Data-Driven Retail Reverse Logistics Strategy. Faster time to resolution for returned items. Contact Our Reverse Logistics Team Today.
From Freight Quotes to LTL Shipping: Ensuring Data Accuracy from the Start
GoShip Blog
NOVEMBER 8, 2023
Every successful shipment hinges on the precision of the initial data provided. In the world of LTL shipping, where shipments often involve multiple carriers and touchpoints, the accuracy of the initial data becomes even more crucial. This co-sharing demands precise data from the get-go.
5 data prerequisites for carrier predictive freight rating in logistics
FreightWaves SONAR
JANUARY 5, 2021
And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Recognize that not all loads are as lucrative as meets the eye, letting data do the talking Benchmarking may be the first step, but the next focuses on identifying the less-lucrative loads.
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Near-real-time data-driven route optimization best practices
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.
LTL Freight Rates: Using data to improve annual contract negotiations
FreightWaves SONAR
APRIL 13, 2021
With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.
MIT Center for Transportation and Logistics with Chris Caplice
The Logistics of Logistics
FEBRUARY 24, 2023
CTL offers a range of educational programs, including a master’s program in supply chain management, executive education courses, and online courses, all of which focus on preparing students for careers in the transportation and logistics industry.
First data logger meets IEC standard
Logistics Business Magazine
AUGUST 6, 2021
The G-Log 2 data logger from Germany-based Aspion GmbH is the first shock recorder on the market to implement the continuous shock/vibration test of the European transport standard EN IEC 60721-3-2:2018 with its 2M4/2M5/2M6 classes during transportation. The result is either: the standard was complied with or it wasn’t.
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FedEx CIO Attests to Data-Driven Strategies in Pandemic Times
IoT World Today
OCTOBER 15, 2020
Indeed, some organizations spent several years laying the foundations for data-driven strategy and remote operations even prior to COVID-19. Data-Driven Strategies Become Core Value Proposition. This core principle of creating value through logistics data has ricocheted throughout FedEx’s IT restructuring and its future plans.
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Freight and trucking data: how historical and contract load tender data create a trucking rate predictor
FreightWaves SONAR
FEBRUARY 9, 2021
Freight and trucking data makes for an excellent resource for shippers and logistic service providers (LSPs) alike. The data obtained from historical and contract load tender information creates a valuable tool – a trucking rate predictor. And it’s important to know why tendered, non-paid data can add so much weight.
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Decreasing deadheading in trucking: how carriers are turning to data to maximize assets
FreightWaves SONAR
FEBRUARY 4, 2021
Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. Of course, carriers want their transportation networks to be as profitable as possible. Applied data lowers the risk of over-valuing or under-valuing trucking costs. Think about it.
How Data Can Improve Last-Mile Delivery
Shipchain
MARCH 10, 2020
But dedicated managers have found a solution to help improve this part of delivery: data. Data is generated in all parts of last-mile delivery, and analysis of this information can help companies become proactive rather than reactive with their delivery methods. Benefits of Data for Last-Mile Delivery.
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SONAR expands its reefer data
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.
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Research: security concerns prevent effective use of IoT data
Logistics Business Magazine
FEBRUARY 24, 2022
Research by Inmarsat , a world leader in global, mobile satellite communications, reveals relatively few businesses derive maximum benefit from the IoT data that they gather. Infrequent data collection and lacking an IoT data strategy leaves many businesses surveyed struggling to extract full value from their IoT data.
The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization
Freightos
APRIL 15, 2024
More Resources Home The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization Eytan Buchman April 15, 2024 Dive deeper into freight data that matters Learn More The March 26th Francis Scott Key Bridge allision feels shocking. But, of course, when dealing with systems that operate at such scale, exceptions happen.
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What shippers need to know about how carriers price freight with historic, peer and market data
FreightWaves SONAR
FEBRUARY 25, 2021
But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Here are a few things managers need to keep in mind when working with real-time freight data for pricing purposes. . Of course, it all depends on the ability to stay strategic. .
2024 Supply Chain Predictions – Relative Stability and a Migration to the Mean
Logistics Viewpoints
DECEMBER 6, 2023
Here are some data that support my view. However, GEP And S&P Global publish the GEP Global Supply Chain Volatility Index based on data derived from S&P Global’s PMI surveys. Of course, lower rates are great if you are paying for the service and not so positive if you are providing it.
4 Ways to Enhance Warehouse Efficiency with Prescriptive and Predictive Analytics
Logistics Viewpoints
FEBRUARY 8, 2024
While predictive analytics seeks to answer questions such as “what might happen in the future,” prescriptive analytics goes beyond by recommending the best course of action going forward. Traditional slotting solutions require customized models, extensive engineering, measurement, and data collection.
How Business Intelligence drives business performance
SYSPRO Smarter ERP
MAY 2, 2022
Deby Joevita, an award-winning User Experience Designer, mentioned during an online course that a UX design should have some metrics built in, which should provide you with the necessary direction towards achieving a meaningful experience for users. Taking data back to the basics. Defining Business Intelligence (BI).
How Do Supply Chain & Transportation Leaders Get Started Using Their Big Data Strategy?
GlobalTranz
NOVEMBER 16, 2016
The amount of information and improvement possible through big data can be overwhelming. Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. How to Get Started with Your Big Data Strategy. . This is where the explanation of big data begins. .
Highlights from TPM 2023 with Peter Tirschwell
The Logistics of Logistics
MARCH 31, 2023
Peter is Vice President, Journal of Commerce, the Maritime, Trade & Supply Chain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. the world’s largest container shipping conference, now 23 years old.
Artificial Intelligence in Supply Chain: Solve the Data Problem First
Talking Logistics
JANUARY 17, 2018
Looking back over the course of 2017, what has surprised Adam the most? What’s most important is the [approach and methods you use] to adapt and solve the underlying data issues that will enable you set up your supply chain for the long term — true transformation rather than slapping a bandaid on it.”.
FreightHub stays on course – our crew successfully steers our customers digitally through the corona crisis
Forto
APRIL 25, 2020
Each of our employees can access all data from anywhere, including home. We give our customers full visibility into and access to their data at all times. Of course, this applies not only to the internal distribution of tasks. It is also very easy to work together on transports and documents.
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FreightHub stays on course – our crew successfully steers our customers digitally through the corona crisis
Forto
APRIL 9, 2020
Each of our employees can access all data from anywhere, including home. We give our customers full visibility into and access to their data at all times. Of course, this applies not only to the internal distribution of tasks. It is also very easy to work together on transports and documents.
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What Support Do You Get From Your Technology Providers?
FreightWaves SONAR
APRIL 9, 2024
We have built an incredible customer success team that is dedicated to helping users understand how to use the data so they can be better prepared for market shifts. Being in the field and knowing the ins and outs of our customers’ daily lives enables us to share context and insights beyond just the data itself. SONAR is different.
Bringing in freight lane-specific data best practices to allocate assets
FreightWaves SONAR
FEBRUARY 9, 2021
However, looking beyond the short-term and consider freight lane -specific data can go a long way to optimizing asset allocation and avoiding these risks. Of course, nationwide market insights can only go so far when used to manage assets that move across the country. Stop trying to manage without the right data at your fingertips.
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Bringing in freight lane-specific data best practices to allocate assets
FreightWaves SONAR
FEBRUARY 9, 2021
However, looking beyond the short-term and consider freight lane -specific data can go a long way to optimizing asset allocation and avoiding these risks. Of course, nationwide market insights can only go so far when used to manage assets that move across the country. Stop trying to manage without the right data at your fingertips.
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Freight Market Data To Assist in Negotiations With Carriers
FreightWaves SONAR
JUNE 3, 2021
SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. The post Freight Market Data To Assist in Negotiations With Carriers appeared first on SONAR.
The Post-Pandemic Supply Chain with Peter Tirschwell
The Logistics of Logistics
AUGUST 22, 2022
Peter is Vice President in the Maritime, Trade & Supply Chain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. About Peter Tirschwell. the world’s largest container shipping conference, now 23 years old.
Transportation Business Intelligence: Drowning in Data or Winning with Insights?
Talking Logistics
NOVEMBER 29, 2017
Supply chain and logistics professionals face many challenges, including drowning in data! This is especially true in transportation management, as companies work across many modes, many geographies, and many sources of data, including from GPS and mobile devices.
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Peak Season, GRIs, and Data Transparency
Freightos
SEPTEMBER 4, 2017
Peak Season, GRIs, and Data Transparency. That’s why I recently dove into millions of Freightos Index data points. Take a look at the data. After each spike on the graph, the percentage against baseline slides during the course of the month, invariably finishing lower than baseline. By Noam Frankel. On average, 9.0
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The Future of the Digital Supply Chain: IoT, Big Data, Blockchain, Predictive Analytics, and More
Shipchain
JUNE 25, 2019
We must embrace the possibilities of Big Data, the Internet of things, blockchain technology, predictive analytics, and the growing unrest that these things bring to the industry. The Internet of Things (IoT) serves as a mean for connecting systems together, and Big Data analytics give supply chain leaders insight into granular data.
Is Omnichannel Dead? Of Course Not…However, the Focus Is Now on Customer Experience in Omnichannel
GlobalTranz
FEBRUARY 23, 2018
Connect All Data to Understand Customers’ Shopping Experiences. The same technology does have implications for obtaining consumer authorization, storage of cookies and personal data, and giving real-time feedback for store associates. Remember the company’s saying, “At the corner of Happy and Healthy?”
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Why is o9 Solutions Growing So Fast?
Logistics Viewpoints
MARCH 20, 2023
Data is stored just like you might sketch ideas on a whiteboard. Those insights are driven from data connections across the vast amounts of data these companies have access to. Planners in China rely on different data sources and operate with different business practices than those in North America.
CPG Going D2C: 3 Ways to Win the Race to Consumers
Logistics Viewpoints
JANUARY 3, 2023
Of course, the CPG company should also support its D2C initiative with better customer experience, omnichannel shopping alternatives, ease of use for commercial websites, frictionless returns, etc. Direct access to customer data through D2C enables product improvement, innovation, and transition opportunities.
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