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Penske Logistics Positioned as Visionary Within 2021 Gartner Magic Quadrant for Third-Party Logistics, North America, Report

Penske Move Ahead

Penske Logistics has been placed by Gartner , a global research and advisory firm, in the Visionary category, as part of the 2021 Gartner Magic Quadrant for Third-Party Logistics, North America report. That manifests itself in terms of reliability. That can't typically be discerned to the naked eye.

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A Multibillion-Dollar Supply Chain Market Growing at a Double Digit Rate that Nobody Knows About

Logistics Viewpoints

Gartner calls this solution a Multi-enterprise Supply Chain Business Network. ARC’s definition is that a supply chain collaboration network is a “collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds.

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5 use cases of supply chain visibility and data for shippers

FreightWaves SONAR

As reported by Project 44 , “ Gartner projects that 50% of global companies will have implemented or invested in “real-time transportation visibility solutions.” Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. Download the White Paper.

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How transportation brokers should start each morning with FreightWaves SONAR-fueled data

FreightWaves SONAR

However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. And it’s in this space where big data analytics can add the most value.

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Outside-In: The Future of Supply Chain Planning

Blue Grace Logistics

The Gartner Supply Chain Planning Summit held in Denver, USA, in November 2019, emphasized this very aspect. According to Marko Pukkila, Vice President and Team Manager, Gartner, who shared his views during the summit: “The job description of SCP leaders today looks totally different than 10 years ago. What is the Outside-in Mindset?

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[Infographic] Big Data Analytics in Supply Chain

GlobalTranz

Editor's Note: Today's blog is from our friend Derrick Rehn with FusionOps who shows us how big data analytics can benefit you in your supply chain. . As big data analytics offer a sizeable competitive advantage for many industries, the drive to deliver cutting edge innovation in data analytics is ever increasing.

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Maximize Ecommerce Supplier Relationships

Ship Monk

Supplier Relationship Management Supplier relationship management, SRM for short, is defined by Gartner as a business initiative that many companies undertake to build mutually beneficial relationships with suppliers. Adding an SRM layer simply forces you to analyze this data once in a while, and use the information to improve your business.