article thumbnail

The Road to Big Data Visibility Doesn’t Run Through Your 3PL Technology

Talking Logistics

So you’re a shipper intrigued by Big Data tools and technology to improve transportation management initiatives. Should you implement a technology solution from a third-party logistics provider (3PL) or is it more effective to select a pure-play TMS provider to leverage your data?

article thumbnail

4 Ways Big Data is Changing Inventory Management

EazyStock

Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. In most enterprise scenarios, the volume of data is too big, moves too fast and exceeds processing capacity of existing applications.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What’s Happening with Big Data?

Enterra Insights

Big data may seem like an old topic; however, the ways in which companies deal with big data continues to evolve. The push is so strong right now that a survey found that nine out of 10 senior corporate executives are gearing up to invest in big data and artificial intelligence (AI).”[1]

Big Data 147
article thumbnail

How AI in Supply Chain Brings Value to Your Business

Logility

And once collected, the data often requires some cleansing and standardization. Addressing this “bad data” helps improve forecast accuracy by ensuring the data used by the models is as clean as possible.

Modeling 191
article thumbnail

GlobalTranz And Echo Global Logistics Both Report 40% Fourth Quarter Revenue Growth

Logistics Viewpoints

David Menzel, the President and Chief Operating Officer at Echo, in the earnings call transcript , explained it this way, “strong freight demand combined with tight capacity were the two themes that dominated Q4. While rates and costs are top of mind, sourcing and capturing capacity is the first priority in many industries.”

article thumbnail

Conquering the Explosion of Supply Chain Planning Data

Logility

Companies across all industries and sizes struggle to make sense of and value from the available mountains of data. Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. Figure 1: Demystifying Data Units.

article thumbnail

Now Is the Right Time for Supply Chains To Do the Right Things

The Logistics & Supply Chain Management Society

From September to December 2020, China and a few South East Asian countries started to get back to a fair amount of manufacturing capacities and international logistics resumed for essential services, pharma, food, groceries, medical devices, PPE etc. Escalating freight rates and severe capacity crunch. Recovery Imperatives: Phase II.