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Why is freight data a powerful weapon in the era of COVID-19?

FreightWaves SONAR

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

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Why accurate predictive freight rates are only possible with holistic and real-time data

FreightWaves SONAR

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages. Download the White Paper.

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IoT Inspired Smart Warehouses Are Reinventing Inventory Management

GlobalTranz

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. Download white paper.

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The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

GlobalTranz

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. We never ran out of or had too much inventory.

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Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

GlobalTranz

The added value from reducing the need for these departments through blockchain is significant, but there will be pushback from employees that wish to stay in their positions. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER.

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What Shipping Analytics Tools Should Freight Market Participants Have in Their Freight Stack?

FreightWaves SONAR

Analytics-driven processes to reduce excess inventory. Yet analytics-driven processes can reduce excess inventory. For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space.

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When to Switch From In-House to Managed Logistics Transportation Services

GlobalTranz

The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Indicator 1: It’s Difficult to Track Your Inventory From Suppliers Through Final Mile. Take an example. Learn More.