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Near-real-time data-driven route optimization best practices

FreightWaves SONAR

One of the most significant challenges facing logistics managers is route optimization. Data represents an integral part of daily life for most people, and it is no different within the transportation industry. Data represents an integral part of daily life for most people, and it is no different within the transportation industry.

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Data Quality: Your Digital Transformation Depends on It

Logistics Viewpoints

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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4 Ways to Enhance Warehouse Efficiency with Prescriptive and Predictive Analytics

Logistics Viewpoints

In today’s fast-paced and competitive business landscape, optimizing warehouse operations is crucial for achieving operational efficiency. 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.

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Supply Chain Trend Predictions

Logistics Business Magazine

Mark Morley, Senior Director, Product Marketing at OpenText , provides his supply chain trend forecast for the year ahead. In 2024, we will see more companies looking to obtain greater value and insights from the data being exchanged across their business ecosystem.

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Future-Proofing Transportation Spend in Supply Chains

Logistics Viewpoints

In the ever-evolving supply chain industry, transportation spend optimization – or TSO – has assumed greater significance. The rise of e-commerce and consumer expectations for faster, more reliable deliveries has further heightened the importance of optimized transportation to meet these needs.

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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

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.

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Understanding spot rate trends is like having a crystal ball

FreightWaves SONAR

The best way for people to gain the level of insight they crave is through high-frequency data, particularly insights into spot rate trends. Logistics industry conditions are inextricably linked to supply and demand trends in the overall economy, and spot rates are typically the first place those impacts become visible.

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