Are You Strategic about Data-Driven Logistics Strategy?

Logistics Problem Solving

Logistics strategy has evolved over the past few years. This put a lot of pressure on shippers as the old strategy of yelling louder at their carrier was no longer effective to reduce costs. This created a big need in the market that has been filled through the advent of cloud computing, which allows large amounts of data to be collected and stored easily and inexpensively. The trend is now towards being data-driven with the data dictating the strategies.

How Do Supply Chain & Transportation Leaders Get Started Using Their Big Data Strategy?

Cerasis

The amount of information and improvement possible through big data can be overwhelming. Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. How to Get Started with Your Big Data Strategy. .

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Are You Strategic about Data-Driven Logistics Strategy?

Logistics Problem Solving

Logistics strategy has evolved over the past few years. This put a lot of pressure on shippers as the old strategy of yelling louder at their carrier was no longer effective to reduce costs. This created a big need in the market that has been filled through the advent of cloud computing, which allows large amounts of data to be collected and stored easily and inexpensively. The trend is now towards being data-driven with the data dictating the strategies.

The Data Needed to Transform Supply Chains

Talking Logistics

Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. and “What are we using the data for?”

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Key Questions for a Successful Distribution Network

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Can we use historical data to plan for demand and design our networks, or is there a better way? You'll leave knowing what data you can start collecting today to answer these questions.

The data don't lie

DC Velocity

StrategyThe DC worker shortage we've all been warned about is here.

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How Can Data Improve Supplier Decisions?

Cerasis

A growing trend across all industries has been the application of big data , with the use of algorithms and the hiring of data scientists becoming commonplace. Data, Data, Everywhere… but Make Sure your Drinking from the Right Hose. Data Logistics Supply Chain

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DHL Study Helps Develop New Strategies For the Last Mile

Logistics Manager

The post DHL Study Helps Develop New Strategies For the Last Mile appeared first on Logistics Manager.

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[Infographic] Big Data Analytics in Supply Chain

Cerasis

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. . The inevitable question that comes up often is simple – should we build on-site or utilize a cloud-based data monitoring service ?

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7 Benefits Realized Utilizing Big Data to Optimize Supply Chains

Cerasis

The company focuses on high tech industries such as telecome , data storage, data centers, bio-medicine, and any company who needs supply chain visibility and proactive supply chain services for replacement parts and more. All of these factors make using big data valuable.

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Smarter Networks for Customer Fulfillment

Speaker: Hannah Testani, COO, Intelligent Audit

Join Hannah Testani, COO of Intelligent Audit, as she takes us through the reasons why your shipping could cost so much, and how to use big data and digital transformation to move the needle on your transportation spend. The real ROI of accessible data.

Supply Chain Big Data: Why Supply Chain Leaders Are Using Big Data Analytics

Cerasis

Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. As a result, business leaders can reap a significant return on investment by thoroughly analyzing this data. What Is Supply Chain Big Data? Supply Chain big data is the ultimate compilation of data gathered in the course of business.

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The Takeaway from CSCMP Conference: The Data Problem Runs Deep

Talking Logistics

The industry is moving in an unprecedented direction that is increasingly digitized and more data-centric than ever, and logistics leaders are looking to increase efficiency with artificial intelligence (AI). The Data Problem. What should a data cleansing initiative look like?

[INFOGRAPHIC] Using Historical Truck Carrier Rates Data and What Data to Use to Evaluate a Carrier

Cerasis

You Have A Good Amount Of Historical Data. If you have worked with the same carriers on similar types of projects for many years, this historical data is an asset for your company. Learning how to take full advantage of a TMS allows shippers to glean insights from their historical data.

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3 Important Strategies to Improve Your Supply Chain in 2018

Morai Logistics

This post highlights three strategic areas which many companies overlooked in 2017; strategy, security & interaction, and how to best achieve improvements in these areas. On this topic, Jeff Metersky, VP of customer success strategy at LLamasoft, writes: Supply chain professionals should absolutely strive to better understand demand; after all, demand is one of the most important factors impacting your overall supply chain design. Improving Data Security.

Author Michael Lewis sees turbulent future for freight markets in age of big data

DC Velocity

Transportation companies will soon hire statistics experts to draw conclusions from data churned out by ELD mandate, Moneyball author says at trade show. Strategy

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[e-Book] Big Data In The Supply Chain & Transportation Industry

Cerasis

We invite you to download the all new Cerasis e-book "Big Data In The Supply Chain & Transportation Industry." In this e-book, you'll learn the following: What is Big Data? How do supply chain & transportation leaders get started in collecting & using Big Data? What is the impact of Big Data on the Supply Chain & Transportation Industries? How can leaders use big data as a tool to continuously improve?

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How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

Cerasis

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. Ask Traditional Questions, and Let Big Data Provide Answers. Data Leadership Supply Chain

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The 5 Key Reasons Why Data Quality Is So Important

Cerasis

Editor's Note: Today's blog comes from Katie Cruze at considerdigital.com who give us the top 5 reasons why data quality is important. Data, for most companies, is often collected for record-keeping purposes. The 5 Key Reasons Why Data Quality Is So Important.

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The 9 Key Considerations of an Effective Last Mile Logistics Strategy

Cerasis

Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Planning Is Essential To Have an Effective Last Mile Logistics Strategy. Any effective strategy must begin with effective planning. Leverage the Right Technology as Part of Your Strategy.

4 Important Benefits of a Sustainable Reverse Logistics Strategy

Cerasis

However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). A reverse logistics strategy provides a path for removing the existing equipment to make way for the next era of equipment in the case of end of life products or new upgrdes. In a sense, reverse logistics could be considered the “greenest” part of any business logistics strategy.

What Is the Impact of Big Data in the Transportation & Supply Chain Industries?

Cerasis

Big data will be a defining force in the future of logistics, but the benefits of big data are already being felt. This graphic shows the true scope of impact of big data in the Transportation, SupplyChain & Logistics industries. . Data Supply Chain Transportation

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Parcel TMS Analytics: There’s Gold in the Data

Cerasis

Data-driven analytics enables you to make cost-effective transportation decisions. However for most shippers, parcel spend is poorly understood because shipping data is often locked up in point solution silos, such as carrier-provided systems and websites, in a variety of different formats. The first step is to collect all the data required to support optimal decision-making within the shipping function. Data TMS

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How Freight & Transportation Data Can Trim Your Transportation Spend

Cerasis

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Without hard data, you can’t take action. However, as we’ve noted in a previous post, getting the right data is key as well.

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What Less-Than-Truckload Data Should a Shipper Track?

Cerasis

The answer is simple; shippers must track the right data. Knowing the proper metrics and data points to track promotes cost-effective shipping practices and can improve vendor, carrier and consumer relationships, reports Merrill Douglas of Inbound Logistics. Data LTL

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Strategies for Embracing the Internet of Things

Supply Chain Brain

While they might embrace the underlying concept of the IoT, they’re dubious about their ability to manage the resulting flood of data in a meaningful way. How can they respond in a timely manner to the rapid and unrelenting flow of data from countless devices hooked up to the internet? What’s to stop hackers and cybercriminals from exploiting a multitude of access points as a means of gaining entry into a company’s private data?

Omnichannel Retail Strategy: Not just a Buzzword, But a Business Model

Cerasis

An omnichannel retail strategy is the new norm in today’s supply chains. Therefore, an omnichannel retail strategy must become the new standard business model for companies wanting to remain competitive.

5 Ways an Omnichannel Supply Chain Strategy Can Improve Customer Experience

Cerasis

The importance of an omnichannel supply chain strategy cannot be overstated. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service? This is the core of an effective omnichannel supply chain strategy; variety and options define customer experiences.

What’s Big Data in Supply Chain & Logistics? Why Should I Be Looking at This Tech Trend?

Cerasis

Data reflect all the small, seemingly insignificant details of the modern world. From a review of your personal bank account spending habits to larger, more advanced processing capabilities, data evolve and expand with each passing day. Big data in supply chain is not a new concept.

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[WEBINAR] Why Supply Chain Leaders are Using Big Data Analytics

Cerasis

We invite you to register and attend our educational webinar titled, “Why Supply Chain Leaders are Using Big Data Analytics” presented on Feb. Thanks to data gathering programs, supply chain software, and data entry applications, this represents a mountain of data, which has the potential to provide groundbreaking insight into how to improve business model efficiency. How Do Supply Chain & Transportation Leaders Get Started in Collecting & Using Big Data?

Protect Your Bottom Line With a Smart Supply Chain Design Strategy

Talking Logistics

Here is how these companies are using transportation optimization, inventory optimization and demand modeling as part of their supply chain design strategy to tackle the price factor head-on. Customer demand is volatile, so a ‘set it and forget it’ strategy is destined to fail.

6 Benefits of Applying Useable Data in Logistics For Continuous Improvement

Cerasis

Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Shipping processes revolve around a million-trucks-worth of data. Take a look at how your data can be used for continuous improvement across your organization.

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Big Data Analytics: A Key to a Successful Supply Chain in the Next 5 Years?

Cerasis

Big data utilization is the wave of the future for all aspects of business including supply chain management. The problem is that not every company has the resources to begin the process of big data management and have yet to see the extent of benefits it can provide to analyze and use such data management. There are several direct and indirect benefits to using big data analytics for your supply chain. Immediate Benefits of Big Data Analytics.

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Why A Successful Transportation Management Program Is Empowered By Data

Cerasis

6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. In this post we will talk about how you can improve your transportation management program by focusing on using data, extracted from the use of technology, such as a transportation management system, that then people can use to continuously improve. The Use of Data to Create a Successful Transportation Management Program. Businesses are often left with questions about the origination of such data.

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Editor’s Pick: TMS Best Practices – Your Strategy For Modern Technology

Talking Logistics

This all leads to added complexity that must be addressed with automation and modern data connectivity, especially from a transportation management system (TMS) standpoint. There are few systems that benefit more from connectivity, real-time information, and normalized data than a TMS. Faster and more accurate data can have a massive financial impact over the course of a year.