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

FreightWaves SONAR

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. Collaboration means parties must share data in real-time.

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FedEx CIO Attests to Data-Driven Strategies in Pandemic Times

IoT World Today

As organizations continue to adapt to the roller-coaster ride of 2020, some leaders’ pre-pandemic IT strategies brought business resilience even as COVID-19 struck. Data-Driven Strategies Become Core Value Proposition. Blockchain Still Core to FedEx’s Data-Driven Strategies.

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Top Tools for eCommerce Businesses

Ship Monk

Every fairy godmother needs her magic wand, every knight needs his shining armor, and every eCommerce business owner needs their tools. Tech tools, that is. Tools for Marketing (and Sales). Drift , a tool we use daily here at ShipMonk. Tools for Business Management.

New Year Resolution: Start Collecting More Data in 2021

Blue Grace Logistics

A new calendar year is a perfect time to set some goals for your organization and start planning new business strategies. As you might have guessed from the title, it’s time to start collecting more data. The Big Benefits of Big Data. Simply put, good data drives better service.

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2020 Database Strategies and Contact Acquisition Survey Report

As buyer expectations continue to heighten, marketing and sales teams are feeling pressured to deliver authentic messaging to buyers at every point of their customer journey. This report aims to highlight the current state of B2B database and contact acquisition strategies, and organizations’ goals to leverage data to fuel their go-to-market strategies in 2020 and beyond.

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. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology. Ask Traditional Questions, and Let Big Data Provide Answers. Data Leadership Supply Chain

Tools 104

[WHITE PAPER] How Data Powers Freight Brokerage ROI Part 1

FreightWaves SONAR

And during times of uncertainty, which always occur in modern supply chains, effective freight brokerage must have access to the latest tools and resources. That growth is unsustainable with traditional strategies for managing loads and working with other trading partners.

BluJay Launches Data Insight and Analysis Tool

Logistics Business Magazine

BluJay Solutions has launched BluIQ by BluJay, a data and insight analysis tool that offers real-time, actionable supply chain data in a configurable visual dashboard. This API-enabled data solution provides a two-way connection with BluJay’s supply chain execution applications, to allow for action on specific data directly from the BluIQ dashboard. This solution is part of the Data component of our DNA strategy.

Tools 29

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. Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry—think Amazon. Generating Value from Data.

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5 data prerequisites for carrier predictive freight rating in logistics

FreightWaves SONAR

And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Carriers simply need to know where to send trucks and the proper freight rating or pricing strategies to use.

How to Use Data to Improve On-Time Shipping Performance

FreightWaves SONAR

Therefore, enterprises need to know how to apply transportation data to increase on-time shipping performance. . Aggregate data from beyond the four walls of your business. Yet all benchmarking begins with access to the right supply chain data. The data is present.

Data 69

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. The Hackett Group provides a useful visual for describing the maturity stages that supply chain is moving through as the industry strives to leverage data and advanced analytics. We all know how the industry handles the data issue.

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Data-Driven Transportation Management and Its Role in Driving Stronger Tech Stack ROI

FreightWaves SONAR

Data-driven transportation management , including the checks and reviews that accompany healthy data management practices, are part of the process of getting the most out of the tech stack.

Demo 69

Cloud Logistics: A Supply Chain Optimization Tool

Morai Logistics

In response to growing demands, experts consider cloud logistics as an optmization tool for the transportation supply chain industry in 2019. As with any new internet based technology, uncertainties include ‘unclear development costs and data security unclear development costs and data security unclear development costs and data security’. Push out efficient fulfillment strategies. Thus, integrating cloud logistics is also an optimal cost savings tools.

Tools 60

[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?

Data 86

Top Four Ways to Score Savings Using Freight Optimization Tools

Talking Logistics

Adding a Transportation Management System (TMS) with support for all modes and powerful optimization tools can be a great game plan to help shippers continue to gain efficiencies, reduce costs, and improve service to customers. An optimization tool can help shippers choose the best mode, most economical carrier, rate and route to meet their needs. TMS and freight optimization technology make this holistic strategy much easier to execute.

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. Data is collected when an inspection is completed, an employee’s performance is reviewed, and maintenance is recorded, or even when a safety meeting is conducted. For many companies, managing the quality data can seem like an overwhelming task.

Data 86

2021 Strategies for Inventory Management and Supply Chain Recovery

EazyStock

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. You already know the biggest supply chain disruption of 2020: the COVID-19 pandemic.

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. Big Data and Supply Chain Analytics Offering Benefits of Continual Improvements and More… Big data is more useful than many people fully realize. All of these factors make using big data valuable.

Data 104

Top 8 Online Logistics Tools For Logistics Professionals

Cerasis

Logistics professionals require exemplary international online logistics tools to help them carry out their daily businesses with ease and deliver the best for their customers. Top 8 Online Logistics Tools For Logistics Professionals. Scandit is one of the top mobile online logistics tools used in international logistics in supply chain management. It is also cross-platform enabled to facilitate ease of data sharing across other networks on-line.

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Think Tank 2020: Answering the Tough Questions with Transparency and the Right Data at the Right Time

Transplace

Think Tank 2020: Answering the Tough Questions with Transparency and the Right Data at the Right Time. In 2017, a group of talented Transplace data scientists started on a mission to re-invent reporting for customers. The group’s initial mission was to deliver reporting capabilities leveraging the latest in data reporting technology to configure a virtually unlimited array of customized reports most relevant to our customer needs.

Data 40

[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?

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). However, logistics leaders all know that in order to leverage advanced analytics and AI, they must first solve the core “data challenge.” And at the conference it was clear that the data problem is still huge and everyone needs a better way to solve it. The Data Problem.

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.

Using Data to Establish Accurate Pricing and Operational Efficiencies

LandLink

The right pricing strategy is a critical component that companies can’t afford to overlook and is one of the most important aspects of maintaining profitability. Goals that are hard to attain if the company isn’t using solid pricing strategies. Accurate data can more precisely reflect the cost of manufacturing by considering critical issues such as seasonal raw materials fluctuations, capital equipment depreciation and labor concerns.

Data 55

Supply Chain Data Visibility Paramount as Industry Lurches into Next Chapter

IoT World Today

Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk. Practitioners must develop a data analytics strategy that gives them insight into supply chain aberrations before catastrophe sets in. “If

Data 87

5 Inventory Reduction Strategies to Drive Cost Savings

EazyStock

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. Which inventory reduction strategy is the best?

TMS Strategy in Volatile Times: Where You Should Be & How to Get There

CLX Logistics

So, first thing, hire a benchmarking service to provide you with the data you need. Be diligent about selecting a benchmarking service that knows and understands your freight, and has a large pool of current data. It’s going to take a combination of tools and talent. In addition to your TMS, there is a wide array of powerful tools available to you, most of which are relatively easy to deploy , often as technology plugins for your TMS.

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What Does the Future Hold for Big Data Applications at My Company in the Next 5 Years?

Cerasis

Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. Since the digital universe will expand to more than 40 trillion gigabytes by 2020, reports Jim Taylor of Inbound Logistics , future possibilities through big data may not even be fathomable. However, the current progression of big data does give rise to some very tangible benefits to your company within the next five years.

Data 86

Why Real-Time Visibility Should be Core to Your Supply Chain Strategy

CH Robinson Logistics

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. Furthermore, 65% said they either have or are planning to implement real-time visibility and insight tools in the next two years. Exponential Growth of Data: We’re seeing an explosion in the amount of data available across the supply chain.

Demo 48

Download: The Impact of Big Data in the Supply Chain & Transportation Management Industry Webinar Replay, Transcript & Presentation

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. By attending this webinar, supply chain leaders will also learn: • What's Big Data in Supply Chain & Logistics?

Transport Market Monitor Now an Interactive Online Tool

Logistics Business Magazine

Tim Consult has developed the Transport Market Monitor (TMM) into an interactive, web-based analysis tool. The TMM is a unique tool in the market with transport data from additional industries and numerous routes. Carriers have the advantage of firming up their competitive position with a market-appropriate price strategy. Moreover, only valid market data from real shipments are included in the TMM. The TMM uses an index to compare the data on a time axis.

Tools 29

CBP details e-commerce strategy

247 Customs Broker

The growing volume of these small packages, coupled with the actionable data challenges CBP and other federal agencies face, requires new methods and resources in order for CBP to continue carrying out its mission of facilitating trade and enforcing trade laws.”. CBP’s strategy will revolve around four objectives: • Recalibrate CBP’s regulatory posture and partnerships with other U.S. The post CBP details e-commerce strategy appeared first on 247 Customs Broker.

The Role of TMS in a Logistics Partner’s Strategy and Value Proposition

Talking Logistics

But beyond that, shippers today also expect their logistics partners to provide them with technology solutions, timely and accurate data, and business intelligence and analytics capabilities. It provides us and our customers joint access to case management data and business intelligence tools so we can collaborate to make sure things get across the finish line.”. What do shipper’s look for in a logistics partner? Operational excellence, of course.

The Future of the Digital Supply Chain: IoT, Big Data, Blockchain, Predictive Analytics, and More

Shipchain

We must embrace the possibilities of Big Data, the Internet of things, blockchain technology, predictive analytics, and the growing unrest that these things bring to the industry. The future of the digital supply chain is data rich, but growing data complexity inhibits company’s ability to access business insights, reports the publication, “Digital Supply Chain: It’s All about the Data.” Access to data does not necessarily amount to “good” data.