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. Meanwhile, stakeholders do not get to reap the rewards of this new tech trend , and the overall enterprise suffers without realizing it. 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.

Freight Data Trends for 2019 and How a TMS Will Grow in Value

Cerasis

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause.

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Technology Trends in Road Freight

GoShip Blog

Certain trends in the transportation and trucking industry are placing a focus on certain road freight technology. What are the key technology trends in road freight? Sustainability is a huge trend in the trucking industry.

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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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.

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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?

Develop a Strategy to Combat Dimensional Pricing

LandLink

This strategy ultimately led to unprofitable operation ratios, subpar delivery performance and ultimately the bankruptcy of some major carriers. Interestingly New Century transport, which was founded by Jevic‘s founder, adopted a similar strategy ending in the exact same fate.

The State of Supply Chain Trends Part IV: Data Analysis, Wearables, and the Cloud

Cerasis

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Powered by an increasing number of connected devices via the Internet of Things , automated data entry is empowering usable data and allowing more companies to replace legacy systems or integrate new technologies with existing systems. Data analysis is the companion of cloud-computing technologies.

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Why These 7 More 2018 Trends in American Manufacturing Focusing on Standards & Process will Spur Growth

Cerasis

Manufacturers are looking for ways to explore new technologies, reinvent manufacturing strategy, enhance troubleshooting, bringing manufacturing closer to consumer and levy the power of intelligent tools to streamline operations and cut costs.

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.

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Emerging Supply Chain Trends For 2019

LandLink

External pressures, technology trends and internal evolution are prompting companies to reevaluate their network to determine how their future supply chain should be structured, both in terms of capacity and capabilities. Big Data Industry Trends

Overcoming Retailers Delivery Requirements with Data Reporting

Transplace

Overcoming Retailers Delivery Requirements with Data Reporting . This next-gen inventory strategy has put pressure on businesses to meet growing consumer demands by having products where and when they want them. By: Mark McEntire, Senior Vice President of Operations, Transplace.

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Three Key Trends In Logistics E-Commerce

Cerasis

This fact explains why understanding and following the key trends in logistics e-commerce are crucial for organizations that want to save their place in the supply chain and get better results with less effort. . There is also an opportunity to use Big Data technologies.

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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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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.

2016 Supply Chain Trends: 7 of 12 Trends that Will Drive Supply Chain Management in 2016

Cerasis

As we head into a new year it is a good time to take a look at the coming year and see what it may hold in the way of trends. We have already covered the top 6 trends for 2016 in manufacturing. 2016 Supply Chain Trends: The First 7 of 12. This is with good reason backed by data.

3 Logistics trends to watch in 2020

247 Customs Broker

Strategy December 4, 2019 The growth of networks, data-as-a-service, and heightend use of analytics/AI will shape the logistics landscape in the New Year, tech exec… The post 3 Logistics trends to watch in 2020 appeared first on 24/7 Customs Broker News. Features strategy customs broker customs clearance freight imports logistics shipping

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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Technology Trends for More Effective Shipper-Carrier Alliances

Transporeon

Shippers can look at benchmarking across all modes, using Big Data for benchmarks on pricing, demand, seasonality, etc., So they’re implementing continuous improvement strategies, including bringing some of those processes inhouse in a move to “digital insourcing.”

Technology Trends for More Effective Shipper-Carrier Alliances

Transporeon

Shippers can look at benchmarking across all modes, using Big Data for benchmarks on pricing, demand, seasonality, etc., So they’re implementing continuous improvement strategies, including bringing some of those processes inhouse in a move to “digital insourcing.”

How to Put Data Science to Work for Your Supply Chain

Transplace

How to Put Data Science to Work for Your Supply Chain. By: Matt Harding, Senior Vice President of Data Science, Transplace. But how does a business know if it’s getting the most out of its data? Data Science is Simply a Process – Business Value is the Goal.

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DHL Study Helps Develop New Strategies For the Last Mile

Logistics Manager

The white paper, Shortening the Last Mile found that the major urban trends all create various challenges in terms of cost, service impact and organizational strain. The post DHL Study Helps Develop New Strategies For the Last Mile appeared first on Logistics Manager.

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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. A key component of this technology trend is the need for a supply chain visibility platform.

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Editor’s Pick: Updating Your Planning Strategies to Industry 4.0

Talking Logistics

Are you on board? ” — I shared strategies to digitalize the planning office with advanced planning technology to keep abreast with in an industry that is increasingly replacing the human workforce with robotics to gain better efficiency, increase cost-savings and build higher agility. The onset of robotics, intelligent manufacturing and data-driven optimization enables standardization of processes crossing supply, production and distribution irrespective of product lines and categories.

These Top Manufacturing Technology Trends will Fuel a Focus on Customer Experience in 2018

Cerasis

While much of this chain will focus on key ways manufacturers can make more products, it will also have a profound impact on how manufacturers use information and interact with consumers through these additional top manufacturing technology trends. Manufacturing Technology Trends

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Parcel TMS Analytics: There’s Gold in the Data

Cerasis

Since this trend isn’t likely to change anytime soon, shippers who can contain the cost of shipping by maximizing efficiency and optimization throughout their shipping network will be on firm ground heading into the future. Data-driven analytics enables you to make cost-effective transportation decisions. 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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Top Supply Chain and Logistics Automation Trends to Watch for in 2019

Cerasis

Shippers need to understand the top supply chain and logistics automation trends to watch for in 2019. Robots are incredibly efficient, using data to ensure product barcodes are precisely what a consumer selected. Automation Logistics Supply Chain Trends

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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7 Supply Chain and Logistics Trends to Watch in 2018

Logistics Bureau

It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supply chain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations.

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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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The 7 Trends Shaping The Future of the Logistics Industry

Cerasis

Logistics industry trends have also not been left behind in the move towards a more technological future. . 7 Major Trends Influencing the Logistics Industry in the Future . Emerging, mature and international markets are now part of the growth strategy of a vast number of companies. It is now the standard to go ‘international, ’ and logistic solution providers have a role to play in enabling this trend through a transportation network. . Logistics Trends

6 Transportation Management Trends for 2016

Cerasis

Some of these transportation management trends reflect real worries for the logistics industry. Take a look at six of the trends to watch for in transportation management this year. Outsourcing of Freight Data and Payment Management. Historically, the transportation management system of a given logistics provider has been the sole resource and method for data processing and managing the payment of all fees, duties, tariffs, and other charges for a shipment.

3 Logistics trends to watch in 2020 – DC Velocity

247 Customs Broker

Strategy December 4, 2019 The growth of networks, data-as-a-service, and heightend use of analytics/AI will shape the logistics landscape in the New Year, tech exec… The post 3 Logistics trends to watch in 2020 – DC Velocity appeared first on 24/7 Customs Broker News. Features strategy customs broker customs clearance freight imports logistics shipping

6 More Logistics Technology Trends Enabling Success in 2018

Cerasis

In today’s blog post we continue our look at the logistics technology trends that will shape 2018. In this post, will go to how shippers and logistics providers will lean on 6 more trends to make gains in the months to come.

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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.