Logistics Viewpoints

DECEMBER 8, 2022

Billions of venture capital dollars of investment are being poured into companies that can integrate real-time visibility data with transportation to provide a more informed ETA for shippers and carriers. and FourKites are building a data platform that aims to predict shipping delays and prescribe alternative plans for their customers.

Supply Chain Planning Software 112

Supply Chain Planning Software Transportation Modeling Software Logistics Network Optimization Software 112

Freightos

MARCH 27, 2024

Jensen also pointed out, though, that with capacity being used for diversions, there is little slack available should any additional disruption arise, and such an event really could cause a crisis. You can read the report and see our short webinar on the topic here. But Sea Intelligence’s Alan Murphy thinks rates will settle 1.5-2X

Logistics Network Optimization Software 90

Logistics Network Optimization Software Modeling Software Optimization Software Negotiating Skills 90

GlobalTranz

DECEMBER 4, 2014

As a technology company ourselves, who offers a transportation management system for manufacturers and shippers, we value this post as it talks about the importance of using the data we all find in our business. You must pay attention to the sequence of the logic offered in the data. Numbers are viewed with respect to past events.

Data 99

Data Optimization Software Logistics Network Optimization Software Resource Reduction 99

WorkWave

SEPTEMBER 14, 2022

Your company might also be more prone to human-related errors, particularly during data entry or other repetitive tasks. For example, AI in pest control allows organizations to optimize chemical distribution routes, automate marketing, and deploy drones to eliminate pests in hard-to-reach places. Alone, a CRM can only store data.

Optimization Software 52

Optimization Software Tools Resource Reduction Material Savings 52

GlobalTranz

SEPTEMBER 9, 2015

Unfortunately, problems can continue well into pick up when a thorough understanding of processes and data capture is not in place. However, these problems can be avoided through the use of data capture, organization, and carrier-shipper relationship elements. Data Capture For Reducing Pre-Pick up Problems.

Negotiating Skills 93

Negotiating Skills Collaboration Material Savings Freight 93

GlobalTranz

MAY 8, 2017

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. For example, additive manufacturing might involve the use of 3D printers to create replacement parts at the store for consumers.

Supply Chain Software 75

Supply Chain Software Supply Chains Automation Trends 75

GlobalTranz

MARCH 1, 2016

Well, this example shows how wearable technology in the supply chain was being used 3 and a half years ago in 2012. Workers could not logically carry around a tablet strapped to their chest and enter data manually while still performing the critical processes of the supply chain. Speed and Accuracy. Identification of Inefficiencies.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 74

GlobalTranz

JULY 14, 2015

At its core, the IoT serves as a way of gathering data and information about a process, but applications of the IoT can detect potential problems within a machine before the machine falters. For example, a subtle change in hydraulic pressure may still permit the machine to operate. Automated Data Transfers.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

OCTOBER 5, 2015

This advancement is based on the potential to integrate relevant data at any point in the value chain, define inter-dependencies from the data almost instantaneously, and utilize advanced analytics to develop highly targeted solutions. 11 Improvements by the Deployment of the Internet of Things in the Supply Chain.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 111

GlobalTranz

JUNE 29, 2016

While large, centralized systems have been created to manage the flow of goods and data, a single problem remains. This data can be changed from its original form, causing some to feel the supply chain is not being fully transparent with supplier, manufacturing and logistics processes.

Supply Chain Software 61

Supply Chain Software Supply Chains Logistics Network Optimization Software Tracking and Tracing 61

GlobalTranz

FEBRUARY 23, 2016

As the supply chain continues to grow in complexity and regulation, the opportunities for problems and other events to impact operations negatively will consequently grow. For example, one risk could be a sudden increase in demand for a product. However, this does not necessarily imply that something bad happened. Focus on Resilience.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chains Scenario Planning Resource Reduction 69

GlobalTranz

NOVEMBER 13, 2015

6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. A flexible TMS should consider historic data for time periods and changes in transportation methods and devise a solution to address each problem. Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency.

Logistics Network Optimization Software 87

Logistics Network Optimization Software Modeling Software Waste Reduction Material Savings 87

GlobalTranz

FEBRUARY 6, 2017

For example, Johnson & Johnson procurement professionals actively review market trends before making purchases. For example, Walmart and Kmart redesigned their mobile e-commerce interface for consumers, making shopping and purchasing online easier and integrated with major companies.

Supply Chain Planning Software 73

Supply Chain Planning Software Procurement Analytics Supply Chain Software Manufacturing Procurement 73

GlobalTranz

MARCH 13, 2015

Have Easy to Analyze Actionable Insight Gleaned from the Data Created in the Transportation Management System. With this freight data, you are able to see how changes in you shipping patterns can affect your overall cost. You can use a TMS solution to get an accurate report on freight data, costs, speeds, and much more.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

GlobalTranz

NOVEMBER 29, 2016

For example, something along the lines of: By accessing and using this website, you accept and agree to be bound by the terms and provision of this agreement. For example, in a very rare situation, someone might have an epileptic seizure brought about by viewing a certain video on your site. Data and Privacy. Delivering Goods.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84

GlobalTranz

SEPTEMBER 11, 2015

In the second post we covered the first 3 areas: Data Capture, Knowledge of Carrier's Business, and Organization. For example, a shipper should consider fuel cost forecasts when creating a budget for LTL transport. For example, a manufacturer is unable to produce products without raw materials. Management of Incoming Freight.

Material Savings 94

Material Savings Cost Reduction Freight Resource Reduction 94

Logistics Bureau

OCTOBER 24, 2022

In this, our second quarterly roundup, we’re revealing the following supply chain issues and events making news in industry media and beyond: The growing adoption of digital twin technology in the supply chain. We also have our quarterly webinar coming up on November 9, 2022. What is a Digital Twin. Trials a Success.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 62

GlobalTranz

JULY 28, 2015

For example, a business may order a specific number of items, which would be too minute to warrant transport via rail or traditional truckload. Larkin calculates that LTL revenues are down to just 12% or so of the truckload market, for example. Recall the events of last year’s holiday season. 3% annual growth after that.

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Negotiating Skills Cost Reduction 97

GlobalTranz

NOVEMBER 20, 2015

6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. Why A Successful Transportation Management Program Is Empowered By Data. For example, summer items will need to be increased during the warmer months, and holiday-themed items may need to ordered and stocked prior to the arrival of fall.

Inventory Reduction 75

Inventory Reduction Material Savings Cost Reduction Transportation 75

GlobalTranz

SEPTEMBER 14, 2017

For example, changes in funding sources and availability for students looking to expand their career options and enter the world of supply chain management may result in a temporary decrease or increase in the number of workers interested in employment with a given supply chain entity. Natural Disaster Risks Are Unpredictable.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 88

GlobalTranz

JANUARY 11, 2016

However, manufacturing technology is experiencing an event of groundbreaking growth, comparable to the birth of a star. With the advent of the cost of technology coming down, to deploy devices to sensors to take alarms and telemetry data, we built a [.] This goes back to using predictive analytics.

Trends 69

Trends Cost Reduction Material Savings Video 69

GlobalTranz

JANUARY 6, 2017

Yet a vulnerability could crop up almost overnight, so penetration testing needs to be more year-round, not an annual event. For example, blockchain technology might help keep different consumers’ and companies’ financial data secure. There are other solutions to shoring up manufacturing cyber security.

Trends 0

Trends Inventory Reduction Resource Reduction Supply Chain Software 0

GlobalTranz

MAY 21, 2015

Some of these elements have different master data that must be used. This data must be not only present, but also running in harmony over all systems. These events can throw off production schedules even creating idle labor or eventual lost sales. The glue is getting the materials from starting point to destination.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 100

247 Customs Broker

SEPTEMBER 25, 2018

For example, many retailers are battling low margin and are seeking to optimize their supply chains to save money and increase their bottom lines.

Maritime 28

Maritime Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 28

GlobalTranz

MARCH 20, 2015

Ensure your business plan has the backing of images, charts, graphs and more statistical data you can use to bring it to life. You can find GPS tracking , confirmation apps and delivery logs, but there are even more specific apps that track a number of other options, such as fuel efficiency, for example.

Tips 98

Tips Freight Logistics Network Optimization Software Optimization Software 98

GlobalTranz

JANUARY 5, 2016

Digitization of Data : Moving from manual (or even hand-written) information and data to a centralized and secure cloud-based solution minimizes costs, eliminates inconsistencies, and standardizes the data formatting, which then opens up the capabilities of Big Data.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 64

GlobalTranz

FEBRUARY 27, 2015

For example, we’re looking at one set of numbers – one version of truth. More accessible data. Data is easier to find and more accessible to senior management. It provides the flexibility to extract the data we need for better decision-making purposes. Improved supplier selection based on data-driven performance ratings.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

The Logistics of Logistics

MAY 18, 2022

Visibility is important but once you get that data, all of a sudden, you go, “All this data about visibility is important.”. You start having all the data, bringing AI and some other tools against it. I started going to events in conferences because I didn’t work anywhere. China is the other example.

Logistics Network Optimization Software 195

Logistics Network Optimization Software Optimization Software Supply Chain Software eCommerce 195

GlobalTranz

JUNE 13, 2016

However, inconsistencies in service levels, including the use of inaccurate data, an economy that hinges on the state of foreign markets (think China), and changes to regulations and labor requirements are continuing to impact the capacity of the shipping industry.

Capacity 49

Capacity Cost Reduction Price Reduction Waste Reduction 49

GlobalTranz

APRIL 27, 2015

This hyper connectivity and the use of more rapid communications through email and electronic data interchanges are partially responsible for the change in concealed freight damage reporting processes. Recall our previous conversation on how the Internet of Things (IoT) is transforming the transportation management services industry.

Freight 92

Freight Document Material Savings After-sales 92

GlobalTranz

APRIL 4, 2016

Even though these events do not necessarily represent a threat on US soil, consumers want products that are related to safe areas. Data from the Consumer Product Safety Commission (CPSC), however, do allow us to take a partial look at recalls by country. The political climates of foreign countries are becoming unstable.

Manufacturing Procurement 53

Manufacturing Procurement Cost Reduction Price Reduction Inventory Reduction 53

GlobalTranz

NOVEMBER 25, 2015

In the United States for example, Thanksgiving brings the logistics industry to a screeching halt on Thursday and Friday. Thanksgiving and Logistics are Only As Successful as the Planning and Execution: My Personal Thanksgiving Dinner Event Story. from last year to 41.3 million, auto group AAA predicted.

Price Reduction 51

Price Reduction Resource Reduction Vendor Strategies Waste Reduction 51