Talking Logistics

AUGUST 13, 2018

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . Data-driven Optimization. Big data drives everything,” Michael says.

Negotiating Skills 103

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 103

Talking Logistics

NOVEMBER 15, 2016

Freight Audit may not be the sexiest aspect of transportation management, but that doesn’t mean it doesn’t play a critical role in helping companies effectively manage and control their transportation spend, as well as provide valuable insight to drive continuous improvement.

Freight 0

Freight Analytics Software Procurement Analytics Sourcing Strategies 0

Logistics Viewpoints

MARCH 3, 2021

GlobalTranz’s main service lines are freight brokerage – less-than-truckload and truckload – and managed transportation services. What the heck is going on in this freight brokerage/managed transportation sector? A truck broker helps companies find trucks to carry their freight on lanes they are having difficulty covering.

Logistics Network Optimization Software 244

Logistics Network Optimization Software Negotiating Skills Negotiate Pricing Report 244

Logistics Viewpoints

JANUARY 16, 2023

Companies need to determine whether they can resolve a given data quality issue, or whether they need to go back to external providers who were the source of the data. Use Technology – Pattern recognition and other functionality can help detect when data is likely to be wrong. Conclusion. Probably not.

Data 197

Data Supply Chain Planning Software Benchmarking Supply Chain Software 197

Talking Logistics

MAY 23, 2018

“Freight spend is up 15% year over year and it is eating into the bottom line! Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. Combating Rising Freight Costs with a TMS.

Negotiating Skills 100

Negotiating Skills Logistics Network Optimization Software Analytics Software Modeling Software 100

Intelligent Audit

SEPTEMBER 15, 2021

Discovering billing mistakes through leveraged data from freight audits helps shippers identify cost-cutting opportunities through accurate invoicing and payment processing. Freight audit savings might arise from recouping costs due to overbilling, service guarantee failures, or simply using the wrong carrier for each load.

Waste Reduction 52

Waste Reduction Cost Reduction Strategies Analytics Software Resource Reduction 52

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. So, suppliers were asked if they used carriers or their own trucks to haul freight. But in 2021, “all of a sudden there were just completely random shortages that occurred with no warning.”

Supply Chain Planning Software 248

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 248

Enterra Insights

NOVEMBER 22, 2021

Big Data and Advanced Analytics. Johnston notes that a rapid rise in e-commerce during the pandemic — “ten years growth in just the first three months of 2020” — made it “apparent that predicting future supply chain demand using outdated data is no longer feasible.” One answer is advanced analytics.

Supply Chain Planning Software 130

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Design Software Supply Chain Software 130

Supply Chain Shaman

FEBRUARY 16, 2024

The translation of ripple effects of short supply, pricing, quality issues, and freight shifts affects how to source, make, and deliver processes should align. Sensing and Proactive Alerting. The complexities in a supply chain loom large. In today’s systems, they act independently based on order signals.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 374

The Logistics & Supply Chain Management Society

MARCH 16, 2021

Visibility into Tier I, II and III suppliers, de-risk by developing alternates, build practical BCPs (business continuity plans) and China + 1 sourcing strategy. Logistics hubs will re-emerge at the local/mega city level, and sub-system suppliers and component suppliers will source, assemble and deliver from their own backyards.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Collaborator

MAY 23, 2018

Freight spend is up 15% year over year and it is eating into the bottom line! Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. Combating Rising Freight Costs with a TMS.

Negotiating Skills 74

Negotiating Skills Logistics Network Optimization Software Cost Reduction Strategies Analytics Software 74

Logistics Viewpoints

MARCH 28, 2022

Autonomous Freight Trucks. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. Not all experts on freight logistics are quite so optimistic that we will have fully autonomous trucks on the road by 2024 like TuSimple is claiming.

Logistics Network Optimization Software 42

Logistics Network Optimization Software Security Freight Predictive Analytics Software 42

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

Futuristic road transportation technology with digital data transfer graphic showing concept of traffic big data analytic and internet of things. Source: Schumacher et al. Successful Digital transformation – Slice the elephant (Think big, start small and scale fast). Dr. Shereen Nassar.

Supply Chain Planning Software 246

Supply Chain Planning Software Modeling Software Supply Chain Software Analytics Software 246

GlobalTranz

AUGUST 15, 2018

For example, DHL analyzes 58 different parameters of internal data to create a machine learning model for air freight. Rather than subjective guesswork, this method allows freight forwarders to predict if the average daily transit time is expected to rise or fall up to a week in advance. Big Data helps to oversee everything.

Logistics Network Optimization Software 135

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing 135

Supply Chain Shaman

NOVEMBER 29, 2021

There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. The world of NoSQL enables the use of disparate data to drive learning and new forms of insights. Shippers pushed cost and waste backward in the supply chain.

Supply Chain Planning Software 276

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 276

Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. Real-time location and IoT data such as condition statuses (e.g., As an in-memory solution, Nexus allows for Big Data to be accessed very quickly.

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 224

GlobalTranz

AUGUST 1, 2018

Intermediaries may include financial experts, data analysts, freight auditors, and more. Freight audits will become almost nonexistent as information is tracked to the point of origin, whether it’s the manufacturing location, raw materials used, sourcing of reclaimed parts, or payment processing.

Supply Chain Planning Software 121

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Pharmaceutical 121

Supply Chain Shaman

NOVEMBER 29, 2021

There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. The world of NoSQL enables the use of disparate data to drive learning and new forms of insights. Shippers pushed cost and waste backward in the supply chain.

Supply Chain Planning Software 264

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 264

Freightos

DECEMBER 22, 2015

Whether it’s agile sourcing of hoverboards or finding the perfect gift for the person who has everything, technology is fixing the problem for good. Production Freight Receiving Purchasing Retail Logistics Production: Santa’s little helpers. Source: Soar Boards, via Flickr. But it comes at a price.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Software Purchasing Skills Agile and Lean Supply Chain 120

SCMDOJO

APRIL 9, 2024

From the ubiquity of the Internet and various electronic gadgets, we are now in the era of next-level digital space where businesses and individuals can easily leverage the power of cloud computing, big data analytics, AI, and the Internet of Things (IoT).

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

Supply Chain Shaman

NOVEMBER 29, 2021

There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. The world of NoSQL enables the use of disparate data to drive learning and new forms of insights. Shippers pushed cost and waste backward in the supply chain.

Supply Chain Planning Software 195

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 195

Intelligent Audit

OCTOBER 12, 2022

They include energy sources your company purchased for its use, such as electric car refueling, electricity for the building, and similar types. Big data can help to move us forward toward this goal. Big data in shipping helps by tracking and showing accurate, reliable information on associated carbon emissions.

Waste Reduction 52

Waste Reduction Resource Reduction Price Reduction Cost Reduction Strategies 52

Savi

FEBRUARY 5, 2019

Intermodal Transportation Landscape In a 2017 American Shipper Report on global sourcing, 58% of shippers indicated that their biggest concern today is rising intermodal transportation costs. Diminishing truck supply, high freight demand, and an ongoing driver shortage all contribute to rising rates in intermodal transportation.

Prescriptive Analytics Software 45

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 45

Supply Chain Game Changer

APRIL 3, 2019

After reviewing several industry sources most Logistics professionals are in agreement with all of these trends. Big Data And Blockchain Technology Will Revolutionize Logistics. The implementation of big data will lead to safer supply chains globally. The Truck Driver Shortage Will Expand With No End In Sight.

Logistics Network Optimization Software 50

Logistics Network Optimization Software Trends Logistics Supply Chain Software 50

Supply Chain Shaman

SEPTEMBER 10, 2020

Today, the bellies of the airplanes are full, and the cost of air freight is too high for many manufacturers. We have tethered the supply chain to transactional enterprise data. While many companies attempt to improve the response by being reactive on traditional data sources, this is not the answer. What To Do?

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

Intelligent Audit

JANUARY 12, 2023

are sliding, freight rates are falling as a result,” according to an article in The Wall Street Journal and various other sources. You can also use data to detect the carriers that best suit your existing freight infrastructure and identify patterns like the carriers with the highest exceptions and freight loss instances.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Logistics Network Optimization Software 52

Freightos

FEBRUARY 25, 2015

Freight is changing. Shorter product lifecycles, fluid sourcing (a’la Aliababa ) and more transparency means agile supply chains that change often. The UPC is also the precursor for M2M communication, particularly when combined with electronic tracking that allows the Internet of Things to revolutionize the Internet of Freight.

Supply Chain Software 120

Supply Chain Software Agile and Lean Supply Chain Supply Chain Network Software Logistics Network Optimization Software 120

Kinaxis

JUNE 22, 2016

The idea of tubes whisking freight across the land at near-supersonic speeds smacks of an old-school image of the future. They might allow companies to carry less inventory – perhaps using Hyperloop to rapidly source whatever parts or raw materials that can’t be 3D printed.

Supply Chain Software 165

Supply Chain Software Predictive Analytics Software Supply Chain Technology Analytics Software 165

Supply Chain Opz

NOVEMBER 30, 2015

James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. Lastly, air freight has been increasing rapidly over the past decade - a trend I suspect will continue.

Rail Software 100

Rail Software Trends Transportation Supply Chain Planning Software 100

IQMS

OCTOBER 18, 2019

Source: Machine Learning – A Giant Leap for Supply Chain Forecasting, Material Handling and Logistics Conference (PDF, 28 pp., Reducing freight costs, improving supplier delivery performance, and minimizing supplier risk are three of the many benefits machine learning is providing in collaborative supply chain networks.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

GlobalTranz

APRIL 4, 2017

To make things more challenging, many of these interactions are in already stressed circumstances such as in the event of a freight claim. The real challenge here isn’t a paucity of data, but that the existing data is siloed in different places across the organization.

Logistics Network Optimization Software 165

Logistics Network Optimization Software Logistics Seattle Just-in-Time 165

Locus Robotics

MARCH 9, 2023

AI and ML can be applied to inventory management, demand forecasting, freight route planning, and much more. Data sharing—integrating data sources involved in a supply chain process—is another automation tool that can help with inventory management.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Game Changer

JULY 23, 2020

They diversify supplier bases to reduce risk, provide massive cost savings, allow companies to quickly offer new products, and find sources of innovation through closer supplier collaboration. Across industries – and in the wider public – leaders are waking up to the fact that Supply Chains are about more than just moving stuff around.

Pharmaceutical 104

Pharmaceutical Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 104

Material Handling & Logistics

JANUARY 10, 2018

The Uberization of Freight. People are trying to automate as much of the order-to-cash process as possible - however, there are hurdles that make the fully automated “Uberization of Freight” difficult for both buyer and seller. . – Kristi Montgomery, VP of innovation, Kenco.

Predictive Analytics Software 96

Predictive Analytics Software Supply Chain Design Software Predictive Analytics Supply Chain Software 96

Supply Chain Game Changer

NOVEMBER 25, 2018

From the millions of data points and variables in any supply chain should come the knowledge required to determine business strategies and to support decision-making processes. Big data can help organisations become better trading partners to their customers and suppliers. Free TMS – Click Here!

Logistics Network Optimization Software 58

Logistics Network Optimization Software Trends Optimal Sourcing Sourcing Strategies 58

GlobalTranz

MAY 27, 2015

Thanks to the AMT and USMTO for the use of their data. Sources: The Association for Manufacturing Technology (AMT) [link]. Twitter The post Using Big Data to Drive Manufacturing Sales: 3 Big Takeaways from the USMTO Reports appeared first on Freight Logistics Company | Cerasis.

Manufacturing Procurement 120

Manufacturing Procurement Big Data Procurement Analytics Report 120

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. Transport costs are soaring to ridiculous levels, especially for those shippers that did not have an organized procurement strategy for freight movement.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70