Remove Course Remove Data Remove Outbound Remove Strategy
article thumbnail

Supply Chain Intelligence: The Value of AI and Machine Learning to Predict Freight Rates

FreightWaves SONAR

According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.

article thumbnail

Retail disruption and K-shaped recovery highlight importance of freight data

FreightWaves SONAR

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Using SONAR data in contract negotiations with carriers and 3PLs. . Those use cases include: . Evaluating truckload to intermodal conversion.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Autoliv’s Supply Chain Risk Management Journey

Logistics Viewpoints

Implementing the solution involved cleaning up master data and mapping their complete global supply chain. Risk management solutions scrape data from hundreds of thousands of online & social-media sites, but Autoliv also has access to sources of information that they pay for. The implementation was not trivial. Any final thoughts?

article thumbnail

5 Tips for Writing a Transportation Management Plan

GlobalTranz

Only those people who have duly completed the advanced traffic management course or its equivalent should write it. Describe the Outbound Transportation This description covers the movement of an outbound load from the company premises/warehouse to the customer’s destination. Download White Paper.

Tips 65
article thumbnail

8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?

article thumbnail

Kuehne + Nagel joins Temasek to invest in technology start-ups

Automotive Logistics

KN regards the joint venture an important step in its digitalisation strategy, with key areas of interest being big data and predictive analytics, artificial intelligence, blockchain and robotics. The JV’s name will be announced in due course, a KN spokesperson told Automotive Logistics.

article thumbnail

5 Tips for Warehouse and Distribution Center Management Success You MUST Instill Today

GlobalTranz

This pairs well with omnichannel sales strategies as well. Control Both Inbound and Outbound Freight Effectively. Warehouses must effectively manage inbound and outbound freight concurrently. Of course, lean practices also have implications for budgets as well. Focus on Visibility and Lean Warehouse Practices.