Remove Big Data Remove Metrics Remove Shipping Remove Supply Chain Software
article thumbnail

What Are the Characteristics of the Best Shipping Analytics Tools on the Market?

Intelligent Audit

Analyzing data and using automated intelligence to promote agile, data-driven decision-making are among the easiest ways to add logistics value. However, not all shipping analytics tools are created equally. Data Normalization. Creation of Performance Metrics. Anomaly Detection.

article thumbnail

Championing Supply Chain Digitalization

Enterra Insights

We live in a digital age in which, according to Yossi Sheffi ( @YossiSheffi ), Director of the MIT Center for Transportation & Logistics, big data is an organization’s most valuable asset. Today, it’s not people but data that tops the asset value list for companies.”[1] Data and the Digital Supply Chain.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Leveraging Big Data in Logistics Into Meaningful Business Analytics

Intelligent Audit

One solution is to turn to big shipping data. Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. What is Big Data in Logistics & Supply Chain Management?

article thumbnail

Manufacturers, Technology, and the Digital Age

Enterra Insights

Manufacturers have historically found themselves at the cutting edge of technological advances. It’s surprising, then, to read stories encouraging manufacturers to jump aboard the Digital Age technology bandwagon. ” He noted, “Each of these technologies will fundamentally change how products are manufactured.”

article thumbnail

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

Supply Chain Network

The age of digital transformation is now fully upon us and from a business perspective one of the most active areas of change, impact and opportunity is in supply chain management. percent per year, over 90% of the world’s trade is carried by sea for a total of 23 million tonnes of cargo traveling by ship every day.

article thumbnail

[e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs

GlobalTranz

To survive in an increasingly complex, data-driven world, businesses must be ready to implement new “Big Data” solutions to ensure all data is aggregated, analyzed, and stored appropriately. Businesses are often left with questions about the origination of such data.

Metrics 120
article thumbnail

Last Mile Technology: How Technology & Transportation Management Aid in Efficient Execution of the Last Mile

GlobalTranz

Take a moment to think about the existing last mile technology in operation in your facility. The chances are good that your organization has tracking software in place, but can your software provide valuable insights or just generalizations? The use of a TMS can benefit entire supply chains. It optimizes routes.