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Business-to-Anything Integration Supports Agile Supply Chains

Logistics Viewpoints

An SCCN can also access pertinent third-party data feeds. Solutions that fall under the definition of SCCN would include EDI VANs (electronic data interchange value added networks), industry marketplaces, and collaborative supply chain applications that are built on public cloud architectures. That improves warehouse operations.

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Revolutionizing the RFP Process with Data

Logistics Problem Solving

However, new software solutions that provide clean, accurate freight data are a huge step forward in making the carrier RFP process more efficient and effective. The process typically starts with gathering data from their freight payment provider or system. It’s the definition of a “lose-lose” situation. But it’s not over yet.

Data 48
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Revolutionizing the RFP Process with Data

Logistics Problem Solving

However, new software solutions that provide clean, accurate freight data are a huge step forward in making the carrier RFP process more efficient and effective. The process typically starts with gathering data from their freight payment provider or system. It’s the definition of a “lose-lose” situation. But it’s not over yet.

Data 48
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A Better Way to Think About Integrated Planning

Logistics Viewpoints

Definitions of agility, resilience, visibility, and end-to-end collaboration are all very much tied together. For example, if a company had built up safety stock, and the inbound supply of components needed to make a product is disrupted, the company can still respond to customer demand without breaking a sweat.

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Emerging Trends in Automation: What it Means to Supply Chains

GlobalTranz

This example generates a huge amount of data that can leverage in the supply chain. But, the same data can have a drastic impact on transportations planners and agencies around the globe. The Standard Definition & Components of Automation: Today: There is a standard definition of automation in the supply chain.

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Electronic Data Interchange or EDI in Transportation: Breaking Down What it is and How It Works

GlobalTranz

Today begins our series about electronic data interchange or EDI in transportation. In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry.

Data 105
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Inventory Optimisation: How Much Stock is Right for Your Company?

Logistics Bureau

For example, if your cost of goods sold for 2020 was $250,000, and your average inventory on hand was worth $25,000, your inventory turnover ratio would be $250,000/$25,000 = 10, meaning your entire stock of that particular SKU turns over around ten times per year. Using the previous example, dividing 365 days by 10 gives you 36.5