Multimodal Big Data Applications You Don’t Want to Miss

GlobalTranz

In the current age of automation in the supply chain, digital platforms, mobile apps, and inter-connectedness, it is more important than ever for shipping and logistic companies to keep up with the best multimodal big data applications available.

Big Data Analytics to Improve Supply Chain Resilience

GlobalTranz

And, investment statistics reveal an increasing trend for more technology to enable multi-modal shipping and the application of big data analytics to increase scalability, flexibility, and demand-driven management decisions. Data Supply Chain supply chain resilience

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How to Use Big Data to Improve Supply Chain Visibility

Talking Logistics

According to a July 2014 supply chain research study from Accenture focused on Big Data and supply chain risk management, most organizations have high hopes for using big data analytics in their supply chain but many have had challenges in deploying it. There are a number of challenges when adopting and deploying a data analytics solution, and it’s important for organizations to clearly define their goals and objectives before embarking on this endeavor.

Big Data Analytics: A Key to a Successful Supply Chain in the Next 5 Years?

GlobalTranz

Big data utilization is the wave of the future for all aspects of business including supply chain management. The problem is that not every company has the resources to begin the process of big data management and have yet to see the extent of benefits it can provide to analyze and use such data management. There are several direct and indirect benefits to using big data analytics for your supply chain. Immediate Benefits of Big Data Analytics.

Smarter Networks for Customer Fulfillment

Speaker: Hannah Testani, COO, Intelligent Audit

You've probably noticed that shipping costs are going up. Have you ever wondered if your transportation spend is as optimized as it could be? It's 2019, and consumers are expecting shipping to be cheap and quick, but that can turn into a real headache from the shipper's side of the equation if you don't make the appropriate changes. But what changes do you even need to make? Join Hannah Testani, COO of Intelligent Audit, as she takes us through the reasons why your shipping could cost so much, and how to use big data and digital transformation to move the needle on your transportation spend.

Big Data: a Big Decision

Supply Chain Trend

Big data has been one of the concepts to dominate the supply-chain scene for a while. There is no denying that we’re getting more connected, we consume more and more data, and we produce exponentially more data, but like any concept, big data is not a holy grail for every supply chain. While these industries might use big data for exploration or other purposes, they are unlikely to use it for customer forecasts. THE BIG-DATA DECISION.

How Big Data is Changing Supply Chains

NC State SCRC

Dunn a writer for TechnologyAdvice. She provides some great insights into how big data might be able to be used in supply chains. Today’s companies face overwhelming reams of endless data flooding in from a broad range of channels. In spite of this often-daunting aspect of business today, with appropriate use of this data, you can realize a powerful advantage over the competition by boosting efficiencies in your organization’s supply chain.

What Is the Impact of Big Data in the Transportation & Supply Chain Industries?

GlobalTranz

Big data will be a defining force in the future of logistics, but the benefits of big data are already being felt. This graphic shows the true scope of impact of big data in the Transportation, SupplyChain & Logistics industries. . Better Shipping Options. . Meanwhile, Amazon is continuing to offer shipping that is free, and this fact is destroying shipping models around the country. Data Supply Chain Transportation

Getting Smart With Logistics Big Data

Freightos

Here at Freightos, we’re big fans of making global logistics work better by bringing data online (and especially instant freight quotes!). And, like many other logistics startups , we’re particularly enthusiastic about how Big Data can change the way goods are moved around the world. Getting Smart With Logistics Big Data. Data Visualization Example #1: Mobile Mastery. Data Visualization Example #2: Seeing is Believing.

Big data and supply chain logistics optimization: Illusion vs. reality

DELMIA Quintiq

Not one supply chain conference or event goes by without some random discussions on big data. Presenter after presenter make grandiose statements about how big data will change the way supply chains operate and how everything will be incredibly different. But when you ask what is so disruptive about all that “big” supply chain data, everything you hear is RFID, GPS, last mile of “same day delivery”, and shipment track and trace.

What Does the Future Hold for Big Data Applications at My Company in the Next 5 Years?

GlobalTranz

Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. Since the digital universe will expand to more than 40 trillion gigabytes by 2020, reports Jim Taylor of Inbound Logistics , future possibilities through big data may not even be fathomable. 6 Benefits to Using Big Data Applications.

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

DELMIA Quintiq

The world of container shipping is going through a prolonged period of instability due to oversupply of new ships entering service. Falling container shipping rates created a windfall for shippers and brought tears to shipping lines and ports. They employed big data concepts with gusto. Thus my case of the shipping industry taking a page out of the retail industry handbook. As in retail, shipping faces imbalance between supply and demand.

Lifting The Gray Curtain

Supply Chain Shaman

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel.

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

Supply Chain Network

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. As digital disruption continues throughout the maritime supply chain forward thinking firms are investing internally in capabilities to become more data centric. And relative to emerging data sources of relevant Big Data on global supply chains, one very interesting new player is Spire Global.

How Ford is Implementing Big Data into its Supply Chain

RFgen

Bringing big data into the supply chain is not always as simple as buying the right software. A company first has to build a foundation of mobile data capture technology that can accurately record the information big data relies upon.

Unlocking the 3 V’s of Big Data in the Digital Supply Chain

RFgen

Data collection and integration tools underpin big data innovation. Big data has been growing more important in the supply chain sector as businesses look to eke out every bit of value they can through greater operational insights.

Supply Chain Optimization 101: How to Best Harness the Power of Big Data

AFFLINK

You can’t open a major tech news site these days without encountering the words “big data.” What is Big Data? The easy question first: what is big data? The answer is both obvious and complicated — big data is comprised of huge data sets that can be analyzed by powerful, logarithm-fueled computers to yield valuable information about a given sector or processes. How Can Big Data be Used?

Collecting and Analyzing the Right Big Data

Enterra Insights

” The statement refers to the fact that, in military circles, having a lot of something (like artillery rounds, aircraft, or ships) can sometimes make up for lack of quality. A lot of businesses seem to have adopted that principle when it comes to big data. Once they started collecting data, some companies collected as much of it as possible hoping it would be useful in the future. Big Data is not going away. Big Data: Asset or Liability?

Megatrends Reshaping Supply Chain Management

Logistics Viewpoints

Descartes points out that for all but the simplest route planning problems, creating the best plan is not as simple as loading data and hitting the “optimize” button. Sensors connected to the Internet provide data that supply chain applications can use.

Supply Chain Leaders Prepare For The Long Haul. Caution: It Will Be Gray.

Supply Chain Shaman

As shown in Figure 1, based on data collected in the period of September-October 2019 from over 600 business leaders, at the start of the year, the likelihood of a pandemic was low risk. What was the cost of sales for the products shipped? Ability to Get Data.

The Growing Importance of Last Mile Logistics

Enterra Insights

To this extent, logistics and shipping represent the final and essential factor in the equation for e-commerce success.” Hosegood points out that sustainability is also becoming a big issue associated with last-mile delivery.

Predicting the Future is Neither Easy nor Certain

Enterra Insights

Predictive analytics involve techniques like data mining and machine learning to predict future trends from past and current data. Don’t both activities rely on available data to estimate what a potential future state is going to be? He explains, “Predictive analytics examines data and tells you what it is likely to happen in the future. The RLM can help determine what type of analysis is best-suited for the data involved in a high-dimensional environment (i.e.,

IBM and the Big Data Behind Blockchain and your Supply Chain

Freight Plus

A tool that enables a great deal of customizable visibility and data transfer. As more and more companies embrace big data, the need for tools to capture and align that data has risen to the fore. Big data is the capture and computation of extremely large data sets that are analyzed to reveal patterns, trends, and associations, especially relating to human behavior and interactions. It went from a purchase order, to being packaged and shipped.

The Impact of Big Data on Commercial Shipping

GTG Technology Group

How Big Data Could Reshape Commercial Shipping. The concept of big data – the immeasurable amount of data collected from internet-capable user devices – has disrupted many traditional business structures. Commercial shipping and trucking are no exceptions. Digitizing the commercial shipping industry can automate key processes, leading to an enormous potential payoff. Big Data in Today’s Shipping Economy.

7 Avoidable Data Errors in Your Supply Chain Data

Kinaxis

by Palvashah Durrani The Devil is in the Data Details: Entering a New Global Market. One of these challenges that you might not think of immediately is big data in your supply chain —specifically the quality of your data. Here are 7 data issues you might need to watch out for: 7. This can vary from using the metric system instead of imperial measurements to using the right shipping dimensions. Vague or inconsistent data.

Data 143

Strategic Shipping Solutions

Inbound Logistics

Predictive modeling and big data help develop efficient shipping solutions to lower shippers’ freight spend and overall supply chain costs

Offering Prayers While Looking Down the Barrel of a Gun

Supply Chain Shaman

PCA was a small player in a complex supply chain of big brands. When I do workshops on driving data sharing across the industry, the sales group of the seller of products often calls me aside for a one-on-one talk. If incentive redesign focused on consumption there would be more data sharing and ownership of the product through the channel. Instead, it take active sensing, tracking and pattern recognition of shipping, chain of custody and quality information.

Data Driven Robotics: Leveraging Google Cloud Platform and Big Data to Improve Robot Behaviors

6 River Systems

In order to digest the multitude of data transmitted from robots at each of our customer sites, engineering teams at 6 River Systems developed a data pipeline to ship data from the robotic operating system (ROS) to Google BigQuery. Does not lose any data.

Throwing Down the Gauntlet

Supply Chain Shaman

As we move forward, I think that it is important to take a hard look at Figure 1 and ask ourselves the question, “ How can we drive greater value into this value network through more effective data sharing, market sensing and translation and the enablement of the digital supply chain?” This includes the decision to build, the digital definition of the product, the decision of when and where to ship, and the decisions of which materials to put into which products.

What big data brings to the stressful life of a container line’s CEO

DELMIA Quintiq

For all the liners that are not trying to be number 1 or number 2, the best way to fight, survive, and flourish against the big boys is on the revenues front. You see, once the major players become so huge and so loaded with all those big ships, their ability to remain profitable becomes more and more elusive. They might have missed their equilibrium between the size and the market share they must gain to fill their ships at whatever profit, or loss.

A New Red Wagon?

Supply Chain Shaman

” The commodity chemical supply-based mindset of bulk shipping, large-scale production and molecular R&D is shifting to a discussion of new technologies, disintermediation/specialized products, and new business models. Orbit Chart of Dow Chemical and BASF for the Period of 2006-2016 and Performance Data for the Chemical Industry. Performance Data for the Chemical Industry for 2006-2016. I grew up in the mountains of West Virginia.

Themes from the 2018 SCM World Leaders Forum

Kinaxis

Thick data” vs big data, the power of the supply chain profession, and cybersecurity. Complement big data with “thick data”. In a very provocative presentation, Tricia Wang , a tech ethnographer made a compelling case on why organizations shouldn’t hang their hat on big data alone when it comes to decision making. Instead, she suggested they should complement it with “thick data”. by Dr. Madhav Durbha.

SCM 100

Power B2B Networks

Supply Chain Shaman

Today, it is rolling off the presses, as I write, and it will ship from the Amazon warehouses on December 15th. Big data supply chains Market-Driven New technologies Supply Chain Supply Chain Insights Community Supply sensing b2b networks market driven process networks Supply chain excellence If you ask companies if they would like better inventory and global supply chain visibility, you will get an overwhelming answer of, “Yes!”

The Evolution of Supply Chain is Becoming Patient-Centric

DynaSys

Supply Chain Management (SCM) is critical to the business in keeping up with global regulatory changes, increased efficiency in demand and manufacturing of product, inventory buffers, and shipping and distribution of product. This helps the business avoid issues such as stock outs, shipping and delivery challenges, and any other outside forces that can affect the patient receiving the best possible care. The face of life sciences has undergone a change.

Fine-Tune Your Supply Chain By Looking at Amazon

Savi

Does that mean to compete today, you need planes, trucks, ships and a global network of distribution centers? But take heart, it’s not just a big checkbook driving their successful execution. Leverage Analytics to Fine-Tune Your Supply Chain Using live IoT data and many other data sources, you can achieve end-to-end visibility of the location and condition of your moving inventory even when multiple carriers deliver it across different modes.