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Make Way for the Supply Chain Internet of Things (IoT)

GlobalTranz

A supply chain that is transparent with an open configuration can accept the changes that the Internet of Things or IoT will bring. Learn more to get ready for the next wave of communications: the supply chain internet of things. Please Explain…What is the Supply Chain Internet of Things.

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Leveraging Big Data in Logistics Into Meaningful Business Analytics

Intelligent Audit

What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . One solution is to turn to big shipping data. Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . What is Big Data in Logistics & Supply Chain Management?

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Shipping is still lost at sea when it comes to big data

DELMIA Quintiq

They employed big data concepts with gusto. Let’s assume that normally freight purchasing is split 50/50 between contracts and spot, but in the era of low rates, the ratio tilts in favor of using spot rates. Let’s quickly step through a containerized supply chain to highlight how big data could be leveraged better.

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The State of Digital Freight: The 4×4 Blueprint for Freight 2020

Freightos

The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Online freight booking. Open data standards.

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Connect Big Data with Predictive Analytics for Increased Visibility and Control Over Global Supply Chains

Supply Chain Network

Shippers, carriers, freight forwarders and third party logistic firms are currently spending millions of dollars in resources on ‘estimating’ important metrics such as container Estimated Time of Arrival (ETAs). o AIS Messages API – Modern RESTful endpoint to keep up with the live feed.

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Tapping into Big Data to Enable Actionable Supply Chain Visibility and Predictive Analytics

BlueYonder

This results in lower customer service levels, increased expedited freight, lower margins and the need for more buffer stock. Their proprietary machine learning algorithms analyze these massive big data streams in real-time to produce live and predictive insights that help companies achieve competitive advantage.

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Current State of the Logistics and Freight Economy

GlobalTranz

Although an initial view of the logistics and freight industry seems stale, it represents how the flow of goods and services are sprouting and delivering more with fewer resources. So, the conversation needs to turn toward another aspect of how 3PLs influence the state of the logistics and freight economy, digitization.