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Predictive Analytics: Supply Chain’s Cloudy Crystal Ball

Enterra Insights

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball.

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This Week in Logistics News (February 23-27, 2015)

Talking Logistics

DHL launches next phase Resilience360 risk management tool to help customers avoid global disasters. Cass Truckload Linehaul Index – January 2015. The new enhancements will now allow customers to visualize the route of their supply chain by integrating Resilience360 with their Transport Management System.

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6 Questions To Ask 3rd Party Logistics Companies for 2015 and Beyond

GlobalTranz

Fortunately, selecting a 3PL for 2015 and beyond can be broken down into six specific questions. Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. What Data Analytics and Business Process Strategy Services Are Offered? What Is the Company’s History?

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5 Transportation Management System Benefits & The Ever Expanding use of a TMS by Shippers

GlobalTranz

The transportation management system is undoubtedly one of the buzzwords of the modern logistics industry. Shippers around the globe are realizing why the time has arrived to take advantage of transportation management system benefits. We call this a hybrid managed transportation model.

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This Week in Logistics News (December 7-11, 2015)

Talking Logistics

HighJump Partners with Advantage2Retail to Bring Best-of-Breed Warehousing Software to Retailers. October 2015 Freight Transportation Services Index (TSI). According to a report in Re/code: The trailers won’t be used to deliver packages to customer doors. SMC³ Unveils New Version of BatchMark XL Analysis Tool.

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A Complete Breakdown of the 26th State of Logistics Report

GlobalTranz

On June 23, 2015, the Council of Supply Chain Management Professionals ( CSCMP ) released the “State of Logistics Report,” which happens to be in its 26 th year. For members of the CSCMP , the cost of the report is free, but it stands out at $295.00 The transportation sector of the logistics industry grew by 3.6

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Logistics Cost Reduction: 6 Focuses to Create More Profit

GlobalTranz

In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. Logistics Cost Reduction by Focusing on Safety. Focus on Labor Costs.