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Supply Chain Design: A Tool to Help Maximize Value

Logistics Viewpoints

Moreover, this exercise might need to be repeated several times depending on how the war proceeds. To solve this problem, we’ll need to do three things: understand the data, aggregate the data, and define the constraints. First comes the data and how well we understand it. Their time frame was short and resources limited.

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Using Data to Improve Supply Chain Operations

Material Handling and Logistics

Learn how to organize your data operations in alignment with supply chain strategy. Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI) and machine learning are expected to figure prominently in future supply chain operations. More data is coming in than ever before.

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Freight Procurement is a Different Game

Logistics Viewpoints

There are different tools, goals, and market dynamics. Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane. An RFP is a data intensive exercise. This made the data analysis easier. On the inbound side, it was highly reliant on spreadsheet data.

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BD Achieves End-to-End Supply Chain Visibility

Logistics Viewpoints

In a conversation with Everstream’s chief data officer, the executive told this writer that the company was using artificial intelligence (AI) and Big Data to solve this n-tier problem. The company had access to huge amounts of trade data, for example. It is not enough to have data; you need the right kind of data!

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

At Logistics Bureau, we capture, analyse, and exploit freight benchmarking data to help us when we provide freight contract negotiation services for our clients. It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa. The Pros and Cons of Procuring a Benchmarking Tool.

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4 tips to reduce cargo damage and save money on shipping costs

Shipping and Freight Resource

With the right packaging, strategy, and tools, you can cut shipping costs by as much as 60%. Start with shock testing to gather data about your normal shipping routes. But you can exercise more control over shipping and cargo damage than you might be aware as long as you have the right tools at your disposal.

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5 Paths to Better Supply Chain Visibility

Now, That's Logistics

By putting data into the hands of the companies, business partners, and customers that want it, supply chain visibility helps all stakeholders track products from the point of manufacture to the final destination—and all points in between. Break down your data silos. Add a transportation visibility platform to your tech stack.