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Logistics automation and the vitality of data integrity in supply chain advancement

FreightWaves SONAR

Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through good and bad times. Achieving that goal hangs on a carrier’s ability to capture meaningful data. Autonomous processes are only as valuable as the data that powers algorithms and decision-making.

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Why near-real-time electronic freight tender trucking data is more reliable than waiting on submitted data

FreightWaves SONAR

Data for data’s sake lacks value, especially in the view of the supply chain. And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

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5 use cases of supply chain visibility and data for shippers

FreightWaves SONAR

Supply chain visibility has become a vital element in today’s ever-changing market. Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. End-to-end transparency promotes supply chain agility Unexpected problems are bound to arise.

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Why is freight data a powerful weapon in the era of COVID-19?

FreightWaves SONAR

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. A lack of raw materials and products from suppliers created supply chain disruptions. In fact, more air capacity is already lowering the pressures on shipping rates.

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

FreightWaves SONAR

Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. Fully 70% of companies say their supply chain is either very or extremely complex and only 6% of companies have full visibility within their supply chains.

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Why accurate predictive freight rates are only possible with holistic and real-time data

FreightWaves SONAR

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages.

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Data analytics for logistics drives reefer efficiency via a real-time forecast

FreightWaves SONAR

Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. According to Supply Chain Digital , “although new, AI-driven concepts are being introduced, they aren’t new to the logistics sector. last year and $2.19 the year prior. last year and $2.19

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