Document Extraction Bot

RPA Labs

Whether your company is a domestic freight broker, an international freight forwarder , an ocean carrier , or a trucking fleet, you probably rely on your employees to do data entry, document processing, shipment tracking, and invoicing. Document Extraction Bot.

What documents should I retain for record keeping?

Globalior

It is generally a good idea for traders to keep all documents archived for at least 10 years in all countries (unless retention standards are longer). When it comes to record keeping requirements of Customs authorities, the legal requirements usually stipulates that all documents related to the imported or exported goods must be archived.

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The Future of Document Management for Shipping and Logistics Is Happening Now

MTS Logistics

While the volume of information accumulates rapidly, shipping and logistics businesses across the world should manage data like Wall Street giants Exxon, IBM, Google, Facebook, and Microsoft. Capturing critical shipping documentation goes beyond simply scanning documents and images.

Air cargo at a crossroads, says IATA. ‘We must go from documents to data’

The LoadStar

IATA has increased its drive to get the air cargo industry to digitise, but has warned that business models need to change to incorporate data. “We ‘We must go from documents to data’ appeared first on The Loadstar. We are at a crossroads,” said Ariaen Zimmerman, head of Cargo iQ. “We We can no longer wander; we need digitisation. But there is a lack of business model.

August Bot of the Month: Document Indexing Bot

RPA Labs

In the logistics industry the amount of paperwork can be seemingly endless – BOLs, PODs, freight and commercial invoices, packing lists, customs documents – the list goes on. By now, many companies have implemented some form of document OCR to extract the information from the documents, but what happens once that is done? Employees are left with a stack of documents to be manually filed – indexed – into their corresponding folders.

Digitizing Proof Of Delivery: Overcoming POD Challenges & Benefits of Document Management

Turvo

Traditional options for managing and documenting the process also remain stagnant. All supplier shipments must be accompanied by appropriate documentation. Documentation may include, but is not limited to, packing slip, bill of lading, NAFTA certificates, commercial invoices, CMR (EU and Asia) and hazardous materials information. Thus, process outputs related to documentation must be error free.” Robotics relies on data to make decisions and share information.

Procurement and Suppliers on the Same Page: How to Craft an Effective Terms & Conditions Sales Document

Cerasis

Data and Privacy. Companies will often hold sensitive data belonging to their customers such as contact details, credit card numbers, bank accounts, and purchase history. Make sure people understand how their data is processed and that it will not be passed on to other companies. Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts.

Multi-colored barcodes could store three times the data as black and white

DC Velocity

JAB-Code patterns will likely see applications in government ID documents before logistics, AIM says. Technology

Defeating Demurrage & Detention with Data

Logistics Business Magazine

We have already said it and let us say it again: Demurrage and Detention are avoidable costs, and it is something that can be defeated with data. There are many reasons why demurrage and detention charges may be incurred : • Delays due to incorrect documentation.

Hopes and hazards in using ELD data: Detention reduction

247 Customs Broker

Larger fleets have long had the tools to track detention time, but with the spread of ELDs, fleets of all sizes can now document time… The post Hopes and hazards in using ELD data: Detention reduction appeared first on 24/7 Customs Broker News.

Half of the world’s container cargo data is on a single blockchain platform

Shipping and Freight Resource

With two more major shipping leaders actively sharing information, data on nearly half of the world’s ocean container cargo is now available on a single blockchain-based data platform. billion events and roughly 13 million published documents.

The Importance of Clear Data When Planning for Your Business’s Success

WorkWave

In the grand scheme of things, data analysis falls into the categories of descriptive, predictive, and prescriptive. Before you can analyze the data you have though, you need to make it digestible. Time To Read: 9 minutes.

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Customs Invoice

Globalior

The Customs invoice is an important document used in any supply chain. If the invoice has insufficient information, the declarant would need to refer to different documents at the time of making the declaration. What are the best data elements to include in a Customs invoice? Q & A Customs documents hs code Incoterms invoiceOne question that often comes up in supply chain operations is: “What is the invoice format required by Customs?”

Pitfalls of digitalisation in shipping and freight

Shipping and Freight Resource

Whether digital or manual, the business of shipping involves a lot of documentation. Therefore, the people handling the business, especially at the documentation desks need to understand the different types of documents issued for a shipment, who issues the documents, why they are issued and what happens if the incorrect documents are issued to the incorrect entity.

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

Cerasis

Today begins our series about electronic data interchange or EDI in transportation. What is Electronic Data Interchange? First we must understand and get on the same page of what is Electronic Data Interchange, or EDI, as it is not only used in the transportation industry. According to Wikipedia and EDI Basics , Electronic Data Interchange (EDI) is the computer-to-computer exchange of business documents in a standard electronic format between business partners.

Warehouse Speed - Forecast, Train, Document, and Communicate

Blog on Log

It is easier to quickly move orders out of the warehouse if you have accurate, high-quality data on inbound shipments. Make sure you have the necessary data to plan warehouse operations according to demand. Document processes. Managers should document warehouse execution steps so all employees know how to perform their jobs effectively. Create a training manual -- it can be either an electronic or paper document; whatever works best for your company.

ITN: Toll Group may have lost over 200GB of data in ransomware attack

The LoadStar

Toll Group may have lost over 200GB of corporate data to the Nefilim attackers, who have now started to dump it onto the web after failing to secure a ransom from the company. In a brief note to a leak site on Wednesday, the attackers released a compressed archive along with a text file listing documents stolen from Toll, which they described as “part one”. The post ITN: Toll Group may have lost over 200GB of data in ransomware attack appeared first on The Loadstar.

FreightGate: The Gap Filler for Global Shipments’ Communications and Data Management

Freight Hub

How the right communication process and data management style augment shipment handling and reduce risk. Multiple stakeholders, dozens of calls, variations of documents, process steps, and diverse transport management systems (TMS) complicate international shipping even further. . The time spent between back-and-forth communications by phone and sometimes at odd hours could easily lead to inaccurate data entry or mishandled document(s).

BluJay Release Enhances Visibility and Data Insights

Logistics Business Magazine

With the latest updates to BluJay’s transportation and distribution applications, we’re leveraging more data and actionable insights across the platform to increase efficiency and visibility, making it easier for users to make immediate, informed decisions about their supply chain management.”. The post BluJay Release Enhances Visibility and Data Insights appeared first on Logistics Business® Magazine. Supply chain software specialist BluJay Solutions has released version 20.0

Warehouse Operations: Optimizing the Picking Process

Cyzerg

Second, effectively improving warehouse operations requires a combination of data collection, process improvement, and technology. When optimizing the picking process in a warehouse, it is important to recognize two key concepts. First, no one strategy or technology fits every case.

Avoiding Freight Damage & Using Empirical Stretch Wrapping Data to Troubleshoot Causes

Cerasis

A major contributing factor is the inherent difficulty in measuring and documenting packaging suitability for LTL and over-the-road pallet load shipments. Unlike small parcel carriage , for which standards can be explicitly established, documented and validated using ECT (edge crush test) for corrugated and drop testing, there’s little comparable for pallet loads. . However, it’s not enough to simply establish and document a containment force standard.

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Top Causes for Delivery Delays and How to Use Data to Avoid Chargebacks

Blue Grace Logistics

Old fashioned systems (manual data entry): Digital systems are a necessity in the modern world of commerce. For example, digital systems eliminate time spent completing tedious paper forms or manually transferring data from documents into spreadsheets or data-management applications. BlueGrace helped the client by implementing an enterprise resource planning (ERP) system, BlueShip TMS, which is an electronic data management system.

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BBG: BlackRock exposes confidential data on thousands of advisers on iShares site

The LoadStar

The data appeared in three spreadsheets, linked on one of the New York-based company’s web pages dedicated to its iShares exchange-traded funds. The documents included names and email addresses of financial advisers who buy BlackRock’s ETFs on behalf of customers. The post BBG: BlackRock exposes confidential data on thousands of advisers on iShares site appeared first on The Loadstar. BLOOMBERG reports: “BlackRock Inc.,

10 Steps to Check If Your Business Is Ready For Big Data

Freight Hub

Few topics hold the prestige of logisticians like Big Data. The applications of Big Data in business are numerous. In freight management, Big Data yields opportunities for improvement. The right strategy can propel the smallest of competitors through better, data-based decision making in international transport to the front of industrial battle lines. The reason behind the application of data is immense. The ways we collect data has evolved too.

What is EDI (Electronic Data Interchange) and ASN (Advanced Shipping Notification)?

3PL Insights

The amount of time and effort saved by using these technologies makes them a must-have when transferring documents to another company. EDI stands for Electronic Data Interchange. This refers to the electronic interchange of documents between companies. Electronic interchange of documents is far more efficient and less expensive than exchanging paper documents, as EDI costs less than a dollar.

What is Storytelling with Data and How Can You Master it? Get Tips from Cole Nussbaumer Knafflic

AIMMS

This month, we’re hosting a Data Visualization webinar with bestselling author Cole Nussbaumer Knafflic. Cole wrote the popular book “ Storytelling with Data ” and is also known for her blog. She’s worked at and with some of the most data-driven companies on the planet, including Google, Adobe, Genentech, JPMC, Target, and the World Bank. She also works with organizations and individuals to help them become more effective data storytellers through workshops.

EHS Software: The Accurate Safety Data Leadership Demands

UL EHS- Sustainability

For added ammunition, your argument should be supported by measurable data points. When addressing management, center your presentation on safety data areas that matter to leadership: Lower Worker’s Comp costs (direct and indirect) Fewer lost-time accidents Lower insurance premiums Zero regulatory non-compliance penalties Increased profitability At UL , we consider a thriving safety culture where there is continuous improvement driven by continuous learning.

GE Transportation selects project44 to enhance multimodal data connectivity capabilities

247 Customs Broker

GE Transportation has selected project44’s modern SaaS platform to expand its multimodal data connectivity capabilities. The combined solution will help to connect transportation data from railroad networks, yards, intermodal terminals and maritime ports into a single transportation management workflow. In another development, Port of Long Beach has launched data-sharing project with GE Transportation to enhance cargo flow efficiencies. LBR Staff Writer.

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How Emerging Technologies Will Transform the Way We Do Business

Talking Logistics

That’s no trivial thing, but once you’ve done that, you can better collaborate, automate and analyze your supply chain data, and that creates value. There are a lot of opportunities in the global trade realm because of all the data, documents, financial transactions, and trading partners involved. In short, blockchain applications need accurate, timely and comprehensive data or they are going to be “garbage-in, garbage-out” like any other application.

Shipping Chemicals: Choose a 3PL that is Responsible

Trinity Logistics

They create shipping documents and communicate that information with the drivers. Safety Data Sheets for every chemical in office. Logistics Shippers Trade Show Truckload 3PL Albaugh chemical industry chemical shipping ctpat dot hazmat logistics osha responsible care safety data sheets shipping chemicals shipping hazmat tanker endorsementWhat is Responsible Care ® ?

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Blockchain platform launches, aiming to take the strain out of letters of credit

The LoadStar

Developers of a new blockchain platform believe their system can help tackle the 80% rate of data forgery plaguing the supply chain’s $2.3trn letters of credit (LC) market. But cofounder of LC Lite Dimitri Kouchnirenko claims four in five LC documents contain discrepancies that add 20% to transport costs through “unnecessary”. Blockchain News Supply chain blockchain Data forgery financial instrument LC Lite Letters of Credit

4 Benefits Shippers Realize when Transportation EDI is Utilized in a TMS

Cerasis

According to a research study from Forrester, EDI continues to prove its worth as an electronic message data format. Exchanging documents electronically improves transaction speed and visibility while decreasing the amount of money you spend on manual processes. Errors due to illegible faxes, lost orders or incorrectly taken phone orders are eliminated, saving your staff valuable time from handling data disputes with carriers.

Contactless Delivery: Because Paperless Is No Longer Enough

Talking Logistics

Processing paper documents is time consuming and labor intensive; it also contributes to the data quality problem that continues to plague many companies. Among other things, supply chain digital transformation is about eliminating waste from the value chain. This includes eliminating manual and paper-based business processes, which remains prevalent in many logistics and delivery operations.

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Supply Chain Management:Importance of Proactive Master Data.

Infosys Supply Chain Management

Cloud & Big Data. « Collaborative Platform for Enterprise of Future | Main | Key Asset Management trends in Oil & Gas Industry » Importance of Proactive Master Data Maintenance in SAP SCM Support. Analysis showed that around 70-80% of issues faced in support could be classified or could be attributed to incorrect Master Data Maintenance & triggered a thought process of "Importance of Proactive Master Data Maintenance". About Us. Contact Us.

EDI Integration For Shippers: 6 Myths Busted with the Real Truths

Cerasis

Today we pick up our series on all things Electronic Data Interchange or EDI by busting the common myths around implementing an EDI Integration program. The truth is, many myths have circulated throughout the business world, and electronic data interchange is the focus of quite a few of these myths. Read the top 6 myths surrounding electronic data interchange or EDI integration, and how we debunk each one of them. EDI (Electronic Data Interchange) Technology EDI integration