How AI Helps Build the Supply Chain that Thinks for Itself

Logistics Bureau

This AI tool is based on data and rules. So, the idea was born of trying to capture that human expert’s knowledge in an expert system. With more data and greater processing power now available, computers that learn by themselves have become more feasible. Using ML, a computer automatically finds patterns in data. It can use them to draw conclusions from new data. Data analytics are part of a growing number of systems. Stale or bad data.

Cart Before the Horse: Digital Freight Matching, A.I. and Machine Learning for Freight

Parade

In the case of brokerages, it would be impossible for their carrier sales reps to quickly, efficiently and reliably digest and understand all data about 10,000s of carriers. Trucking is such a fragmented industry that there’s no data on specific carriers and drivers to differentiate their levels of service, as a result they’re all grouped together like a commodity and priced the same. Without solid data collection, these emerging technologies would be impossible.

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Forto as an innovation engine

Freight Hub

At Forto, we follow the leitmotif of “10X improvement” Coming from the silicon valley, this concept is based on making things ten times better. Some time ago, during the development of our Order Management Solution , we were facing a challenge regarding data ingestion.

‘Digital Freight Matching’ Isn’t a Product— It’s a Strategic Methodology

Parade

The goal of a digital freight matching strategy is to reduce touch points to help your freight brokerage improve your key business metrics of productivity, profitability, and engagement— assisting you to move your current and future freight better. The ‘digital freight matching’ methodology for consistent freight is simple, especially if you have a Transport Management System (TMS) with up-to-date data about those in-network carriers, such as their seasonal freight needs.

‘Digital Freight Matching’ Isn’t a Product— It’s a Strategic Methodology

Parade

The goal of a digital freight matching strategy is to reduce touch points to help your freight brokerage improve your key business metrics of productivity, profitability, and engagement— assisting you to move your current and future freight better. The ‘digital freight matching’ methodology for consistent freight is simple, especially if you have a Transport Management System (TMS) with up-to-date data about those in-network carriers, such as their seasonal freight needs.

Supply Chain Disruption: How Stronger Collaboration Will Have a Big Impact on the Future of Logistics Management

Cerasis

Asset Tracking Provides Cross-Departmental Knowledge. Gone are the days of sending written requests or spending hours tracking down a point of contact to acquire the data needed to generate reports or determine when to schedule maintenance, order parts, or perform other relevant tasks. Instead of tracking down a person, team members can easily access all critical data about any company asset by entering the asset’s identification number in a software application.

Overcoming the Hurdles for FMCG Transportation & Distribution Across ASEAN

Logistics Manager

We spoke with Mr. Brett Turner, Vice President Supply Chain Management at DKSH (Thailand) to learn more about the strategy behind FMCG transportation and distribution in the ASEAN region and he also shared with us his vision focusing on future development of Thailand through this business. Recruiting locally also improves our knowledge base. Likewise, Haw Par, the Singapore-based producer of Tiger Balm, sells its healthcare products in several ASEAN markets through DKSH.”.

6 Supply Chain Trends That Could Truly Shake You Up (2018 Update)

Logistics Bureau

Others wave their hands and announce sweeping megatrends that sound impressive, but that lack supporting data. More and more transactions, operations and processes are conducted within IT servers and data centres. This has already dramatically transformed the IT industry itself, as packaged software sold with one-time licences has become cloud-based services sold with a renewable monthly subscription. Knowledge Emerging as Resource Number One.

Smart Lagos: Status, prospects and opportunities

247 Customs Broker

Lagos-based Andela trains programmers and facilitates their placement with software companies around the world. In remarks made in May 2017, Governor Ambode explained his understanding of the concept this way: “In the emerging knowledge era, ICT has taken centre stage, and as the city of the future, Lagos must take advantage and indeed leverage on the tools of ICT in moving towards a Smart City.”. Lagos, Nigeria.