FreightWaves SONAR

DECEMBER 29, 2020

However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. And it’s in this space where big data analytics can add the most value.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84

The Logistics of Logistics

FEBRUARY 11, 2022

Inclement weather or another force majeure – Winter storms, tornadoes, flash floods, hurricanes, earthquakes, and wildfires are just a few examples of the things Mother Nature can dish out that lead to delivery delays. Schedule a demo today. Rotten perishables, such as fruits and vegetables, dairy products, and meats.

Optimal Sourcing 195

Optimal Sourcing Supply Chain Design Software Supply Chain Software Supply Chain Design 195

Ship Monk

MARCH 21, 2024

Customer relationship management systems collect and centralize all the important data about a business’ customers (and potential customers). This data usually includes the customer’s contact information, address, purchase history, social media engagement, email click-throughs, and dozens of other data points as they become available.

Optimization Software 94

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 94

Logistics Business Magazine

JANUARY 26, 2024

To cite just one example, a study published in late 2023 on the introduction of wearable exoskeletons found that they could reduce muscle strain in workers with the most strenuous jobs by up to 30 percent. The focus here is on sensor-based safety and ergonomic workstation design at transfer points and the periphery of the line, for example.

Optimization Software 61

Optimization Software Logistics Network Optimization Software Resource Reduction Material Savings 61

Freightos

NOVEMBER 7, 2023

For example, some carriers shared with us their APIs for contract rates, others for spot rates, some for rates but not ebooking, others share APIs via third parties who charge an exorbitant price for accessing the API. He is a frequent speaker at industry events and has authored various articles, papers, and patents.

eBook 84

eBook Optimal Sourcing Negotiating Skills Digital 84

EazyStock

APRIL 20, 2020

Planned Events for Managing Forward Orders. A planned event is when your customer has a planned event where the future demand is known; for example scheduled repairs and maintenance. This gives you a number of benefits: Planned events, such as scheduled repairs and maintenance, can take place as planned.

Production 52

Production Supply Chain Planning Software Events Inventory Reduction 52

Freightos

JANUARY 25, 2024

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. The industry is taking digitalization seriously.

Logistics Network Optimization Software 108

Logistics Network Optimization Software Optimization Software Digital Buyer Training 108

FreightWaves SONAR

MARCH 15, 2021

Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. Lane Acuity also provides a measure of lane coverage favorability via the Lane Score, which evaluates multiple data points within the app. WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Ship Monk

JULY 27, 2022

Put simply, demand forecasting uses a variety of data to foresee customer demand and inform major business decisions, from launching new products to finding the perfect 3PL partner. 1 Passive Demand Forecasting – Passive demand forecasting, or trend projection, uses historical sales data to predict future sales. Let’s dive in.

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

AIMMS

APRIL 11, 2018

For example, a large beef producer we visited did not centralize production planning, but let its different plants plan on their own. This is just an example of the challenges presented by the globalized market. At the same time, you have all these terms – machine learning, artificial intelligence, big data. Visit Booth 7.F092

Optimization Software 97

Optimization Software Optimization Modeling Supply Chain Planning Software Optimization 97

EazyStock

MARCH 17, 2021

Black Swan Events. A black swan event is an unexpected event with severe consequences, like the Great Recession or the current COVID-19 pandemic. This category is sometimes lumped together with black swan events. You need to determine what your priorities will be in the event of a supply chain disruption.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 78

EazyStock

OCTOBER 20, 2020

This keeps the data clean and easier to use for forecasting going forward. Look out for such trends in your historical demand data and adjust your forecasts accordingly. Qualitative factors: Add any qualitative forecasting factors into your data, such as sales promotions, competitor activity or external market events.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Locus

MARCH 27, 2024

Take XYZ Retail for example, juggling 100 diverse orders ranging from on-demand to next-day deliveries. By leveraging data on real-time traffic, driver schedules, delivery priorities, and vehicle capacities, retail businesses can carve out the most efficient paths for their fleets. Schedule a demo with us!

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

EazyStock

NOVEMBER 19, 2021

Let’s introduce Mary’s Plumbing Warehouse as an example. For example, Mary may end up with unnecessarily large amounts of capital invested in excess stock of Showerhead C, whereas she could easily run out of Showerhead B. This basic approach is easy to set-up and manage, but often leads to stock imbalances. x 1) = 362.50

How To 52

How To Inventory Reduction Inventory Optimization Modeling 52

AIMMS

APRIL 11, 2018

For example, a large beef producer we visited did not centralize production planning, but let its different plants plan on their own. This is just an example of the challenges presented by the globalized market. At the same time, you have all these terms – machine learning, artificial intelligence, big data.

Optimization Software 62

Optimization Software Optimization Modeling Supply Chain Planning Software Optimization 62

Ship Monk

NOVEMBER 14, 2022

2 Analyze Your Past Data and Compare It to Current Trends. Being aware of these vital data points will help you consistently improve your strategy year-over-year. After taking stock of your batting average, aim for the fences by comparing it to the data gathered by other ecommerce business owners and industry professionals.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

FourKites

DECEMBER 8, 2020

Here are a few of the things that were top of mind for me during this exciting event. The Customer Advisory Board is one very high-profile example of that commitment, but it’s far from the only one. Breaking Out and Coming Together.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Design Collaboration 52

Turvo

JUNE 16, 2020

For example, to increase agility in the event of regional shutdowns, a leading fashion company has already started to develop new supply sources beyond its current network in Southeast Asia. Second, companies will likely reassess their make-versus-buy options.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Sourcing Strategies Cost Reduction Expense Reduction 64

Ship Monk

MAY 19, 2022

Sometimes the vendor can give projections of when the item will be back in stock and shipped, for example: “Won’t Ship Until July,” “Won’t Ship for 10 Business Days,” etc. As in: Do you have data to support that customers will buy and not return backordered items? Contact us or demo our software today.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Logistics Network Optimization Software 52