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Freight Market Intelligence: Data is crucial, but context is king

Freightos

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

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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COVID Has Fundamentally Changed the Profession of Supply Chain Management

Logistics Viewpoints

The toilet paper shortage was one of the COVID era events that taught people what the term “supply chain management” meant. In warehouses, for example, one solution is labor management. Multinationals knew that events could occur that could cost them tens, or hundreds of millions of dollars.

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The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

Buying organizations use this technology to monitor and analyze supplier risk events in real-time. These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when a negative event has occurred or may be about to occur.

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Demand Forecasting in an Inflationary, Supply-Constrained, Semi-Post-Pandemic Environment

Logistics Viewpoints

At that time, I wrote about the COVID pandemic, and how similar events occur that elevate the uncertainty of the market. These events make accurate forecasting very difficult. For example, interest rate hikes tend to deter lower priority investments and those that require debt financing. Review of Prior Impactful Events.

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Key Takeaways from Oracle CloudWorld 2023

Logistics Viewpoints

And of course, Oracle with their investments in Cloud computing, Internet of Things technology, and artificial intelligence can be used to minimize inputs while increasing productivity. Generative AI is a major topic at all the enterprise events this year. Uber has an ecosystem.

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FreightHub stays on course – our crew successfully steers our customers digitally through the corona crisis

Forto

When dealing with a crisis – whether it is caused by a pandemic, a natural disaster , or political events – we believe that, in addition to communication, three factors are crucial. Each of our employees can access all data from anywhere, including home. The industry is unanimous: communication is the be-all and end-all.

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