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Digital Transformations Require Clean, Accessible, Up to Date Data

Logistics Viewpoints

This is also a data issue. Master data management (MDM) as a critical performance driver for the enterprise. What is Master Data Management? Master data management is the discipline in ensuring data is accurate, accessible, and up to date. Centralized ownership is a foundational requirement.

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Data Quality: Your Digital Transformation Depends on It

Logistics Viewpoints

For my company FourKites , quality data is core to everything we offer customers, from providing real-time transportation visibility to a host of more advanced data science-based capabilities, such as our patented methods for predicting ETAs for that freight with incredible accuracy.

Quality 243
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Freight Innovation and the Lesson from a Dead Remote Control Tech Play

Freightos

In this article, we review how carrier and forwarder fragmentation remains one of the most significant hurdles for modern freight, how freight standardization and platformification are posed to change that, and why innovation we can’t even imagine might be around the corner. But as a freight technology junkie, it made sense.

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Addressing the Inherent Challenges of Fostering a More Synchronized B2B Supply Chain Business Network

Supply Chain Matters

Transportation and materials costs skyrocketed, as did unanticipated costs related to unplanned or uncontrolled ocean container demurrage, premium air freight, or added inventory warehousing costs. The first and foremost is the recognition that accurate and complete data are the fuel that drives informed and the most-timely decision-making.

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BidMode to join the EC Sourcing Family

EC Sourcing Group

October 13, 2020 / EC Sourcing Group, a leading global provider of SaaS sourcing technology solutions, has announced its acquisition of procurement solution provider, BidMode, with full terms of the merger remaining confidential. EC Sourcing Group, has also seen a tremendous impact from the merger in its solution capability and ARR as.

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The Annual State of U.S.Logistics Report- Even More Candidness and Reality

Supply Chain Matters

Water The report notes the waterborne freight sector emerging from the most extreme market conditions in modern times. Elevated ocean container freight rates during 2021 and 2022 reportedly translated into strong revenues for carriers, amounting to operating profits of $215 billion in 2022. The report includes four thers.

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6 Causes of Sub-Optimal Trade Compliance Performance

3rdwave

However, in most instances, trade compliance has little control over the source and quality of information it needs to work effectively. Poor Master Data Management. Master data management in support of trade compliance is complex and complicated. Spreadsheets are a recipe for inefficient master data control.