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Navigate Shipping Landscape with Proactive Analytics

Talking Logistics

While we live in an age where same-day delivery and free shipping have become customer expectations, we also live in an age where dimensional weighting and quarterly accessorial increases have become a reality from the carrier. Although very informative in their own right, retrospective analytics cannot undo the past.

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Give Analytics A Chance

Supply Chain Shaman

Containers wait at each ship node for the chassis. We cannot change things overnight, but there are some steps that we can take through the use of advanced analytics. Manage Make, Source, and Deliver Together. Invest in analytics to sense and translate demand. Volume is up. Container inventory is imbalanced. What to do?

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Give Analytics A Chance

Supply Chain Shaman

Containers wait at each ship node for the chassis. We cannot change things overnight, but there are some steps that we can take through the use of advanced analytics. Manage Make, Source, and Deliver Together. Invest in analytics to sense and translate demand. Volume is up. Container inventory is imbalanced. What to do?

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Track the Supply Chain Metrics that Really Matter

Precoro

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

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Supply Chain KPIs & Metrics: Our Top 24 for Manufacturers

Silvon Software

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market.

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How to Optimize Shipping Costs Across All Modes With Analytics

Intelligent Audit

Many factors play into shipping costs within the supply chain network. Optimizing shipping costs and examining the budget and current spending will help improve operations across the supply chain network. . An application programming interface (API) is a specially designed dashboard that monitors shipping costs and processing requests.

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Prescriptive Analytics for Supply Chain Optimization: 6 Powerful Use Cases 

ThroughPut

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain? How should the supplier perform?