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Big data and inventory management

EazyStock

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Unstructured data isn’t as accessible to search or export and is often text-heavy.

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Capitalizing on ERP trends in 2024

SYSPRO Smarter ERP

We are starting to see document recognition services in AI which automate tasks such as invoicing, purchase orders and bank reconciliations. Although machine learning models have been in place for some time, they are now becoming much more prevalent because of the high volumes of data in ERP systems.

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Five Keys to Cold Chain Success with Tyler Hildebrand

The Logistics of Logistics

Ensures safety and security of the food and feed supply to protect human and animal health. Information management systems are transforming the cold chain through: Route optimization. WMS, TMS, documentation. Identify potential hazards / risks – Document every potential risk to food safety. Documentation.

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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. For example, are you still a minority owned company?

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

Forto

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 reason behind the application of data is immense. The ways we collect data has evolved too. Why Is Big Data Important?

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How Technology is Changing Ocean Shipping

Now, That's Logistics

Blame the high volume of required documents—invoices, bills of lading, letters of credit, and inspection certificates, etc.—with Shipping marketplaces can aggregate capacity supply and demand, as well as standardize and disseminate market data,” it says. “As When it comes to the exchange of information, it is of course problematic.”.

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7 Questions to Ask a Freight and Parcel Post Audit Company Before Hiring Them

TransAudit

You need a company that believes in the power of data analytics and technology. At Trans Audit, we collect data straight from your shipping partners and maintain a recurring feed of your invoices. At Trans Audit, we gather your invoices, bills of lading and other documentation. Do you perform second post audits?