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Why Logistics and Transportation Should Digitize

3rdwave

The more granular and comprehensive the data captured in digital format, the higher the fidelity and resolution of the picture presented through digitization. Digitization is an essential cornerstone capability that enables Logistics to deliver its true potential. From the perspective of Logistics, understanding digitization is particularly relevant because much of the information logistics requires is in analog format. Why should Logistics Care about Digitization?

Why Logistics and Transportation Should Digitize

3rdwave

The more granular and comprehensive the data captured in digital format, the higher the fidelity and resolution of the picture presented through digitization. Digitization is an essential cornerstone capability that enables Logistics to deliver its true potential. From the perspective of Logistics, understanding digitization is particularly relevant because much of the information logistics requires is in analog format. Why should Logistics Care about Digitization?

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Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. Making supply chain and logistics predictions is like throwing darts at a moving target. more near-shoring and larger, less frequent shipments to minimize transportation costs). How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? The Case for Competing on Logistics Talent.

This Week in Logistics News (September 14-18, 2015)

Talking Logistics

Lots of supply chain and logistics news this week, so let’s go straight to it… Transplace Acquires M33 Integrated. Oracle Announces New Releases of Oracle Transportation Management and Oracle Global Trade Management. TMW Systems Announces New Products, Features that Enable Transportation Businesses to ‘Make the Most of Now’ HighJump Announces Brewers’ Edge. Another week, another acquisition in the third-party logistics (3PL) market.

This Week in Logistics News (October 1-5, 2018)

Talking Logistics

And that is why on November 3, together with my Logistics Leaders for T1D Cure teammates, I will be riding 100 miles in support of JDRF to help us find a cure. So, I have a small ask: It doesn’t cost you anything to access the posts and videos we publish on Talking Logistics, thanks to our sponsors. Now, here’s the supply chain and logistics news that caught my attention this week: U.S. E2open Acquires Transportation Management Systems Provider Cloud Logistics.

This Week in Logistics News (April 11-15, 2016)

Talking Logistics

May their memory continue to be a source of strength and comfort to their families and friends and us all. Moving on to this week’s supply chain and logistics news… Amazon ‘in talks over Hahn Airport base’ ( Lloyd’s Loading List ). London’s Delivery Cube “pauses” logistics operations to focus on tech platform ( TechCrunch ). February 2016 Freight Transportation Services Index (TSI). the Freight Transportation Services Index (TSI) fell 0.7

6 Transportation Management Trends for 2016

Cerasis

2016 will be a defining year for the logistics industry , and transportation management practices must adapt to these changes. Some of these transportation management trends reflect real worries for the logistics industry. However, logistics providers and shippers are starting to understand how to best combat each of these problems through the application of transportation management technologies.

Why A Successful Transportation Management Program Is Empowered By Data

Cerasis

Today we continue our long series and look at teaching shippers how to remain strategic when it comes to logistics and their transportation management program. Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. 5 Areas of Technology Application to Aid in Logistics Visibility and Communication for en Route Disruptions. 6 Benefits of Applying Useable Data in Logistics For Continuous Improvement.

5 ways TMS transforms Logistics Managers' jobs

Abivin

That’s where the need for Transportation Management System (TMS) comes into play. A survey featured in Logistics Management shows that just 35% of shippers are using TMS in their supply chain. Logistics managers need to realize that adding TMS instead of headcount can be the right way to grow their business. Automate the manual process Source It can be very time-consuming to do the repetitive work manually.

COVID-19 Lesson: Make Your Supply Chain More Resilient

Logistics Bureau

Until the Coronavirus began wreaking its havoc, global companies could run their supply chains on the assumption that disruptions would be rare and short-lived, and that products should be sourced, produced, and distributed at the cheapest locations to be found, wherever in the world that may be. The pandemic, however, has exposed the risk, like never before, of concentrating sources in one location—especially when it’s far away from a company’s headquarters and markets.

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Mitigate Seasonality and Other Logistics Disruptions with TMS Supporting Predictive Analytics

Supply Chain Collaborator

– Choose technology that supports operating with actionable data instead of making decisions based on questionable, public information. – Contradictory streams of conflicting industry media market perspectives is no way to plan for actual supply logistics. First, accept that it is nearly impossible to rely on trends data derived in industry media outlets for any kind of effective transportation planning.

Networking – A powerful trend in production and logistics

DELMIA Quintiq

“The topic of networking in production and logistics has caught on and is now a trend for most companies. This was the view taken by Frank Tinschert, Director of Quintiq’s Logistics Business Unit, during an interview with DVZ magazine’s editor-in-chief Günther Hörbst on the famous Red Sofa of this logistics trade journal, at the German Logistics Convention in Berlin. He stressed that this data must be converted to valuable information for companies.

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A Guide to Maximizing Your Fleet Management Data

GTG Technology Group

Why You Should Pay Attention to Your Fleet Management Data. You don’t have to manage your fleet in the dark. Management data can shed light on your operations, exposing weaknesses and illuminating opportunities for improvement. Knowing how to effectively leverage management data, however, is something with which many operations struggle. Your data must be integrated and actionable for your business to enjoy real returns. Sources: [link].

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You Need Offsite Backup in the Transportation Industry

GTG Technology Group

The transportation industry represents a complex matrix of logistics, communication, and data. At the cutting edge of data management, successful companies are turning to cloud solutions as an all-inclusive, scalable solution. Combinations of tangible and virtual devices are now required to best approach business in the transportation industry. In some cases, data would not be recoverable at all. Sources: [link].

This Week in Logistics News (January 22-26, 2018)

Talking Logistics

Drones, driverless vehicles, and global trade all made the headlines in this week’s supply chain and logistics news… Teamsters Tell UPS: No Drones or Driverless Trucks (WSJ – sub. Alibaba’s logistics arm works on driverless technology as automation pace picks up (South China Morning Post). E2open Strengthens Channel Data Management Capabilities with Acquisitions of Birch Worldwide and Entomo.

Four Strategies to Optimize Logistics Spending (Part 2)

Supply Chain Network

In my last post , I shared some surprising stats about the lack of a systems-based approach for logistics procurement. More than 80 percent believe that procurement technology streamlines data management and improves the efficiency of managing complex sourcing, and 68 percent understand the impact that procurement technology has on the bottom line. Redefine ‘relevant data.’ However, this creates a narrow view of the logistics category.

What is SCM and Why is it Important?

Oracle SCM

The acronym SCM stands for supply chain management. It refers to the systems, processes and software packages used by organizations to manage day-to-day operating activities such as, new product development , demand, supply and sales & operations planning , procurement , logistics , order management , manufacturing and asset maintenance. Today, SCM systems are critical to businesses of all sizes and in all industries for managing their day to day operations.

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The Hidden Complexity in the Retail Supply Chain!

Supply Chain Game Changer

But behind the curtain that is Retail there are a lot of people managing a lot of processes and dealing with a lot of complexity earnestly trying to make your goods available to you. Master Data. Within Retail having an excellent Master Data Management system and process is critical. For every sku there is an extensive amount of data that must be constantly input, updated, and available for reporting and tracking. Transportation. SKU Management.

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. The issues and challenges are fundamental, like managing master data from a trade compliance perspective, classifying products effectively and efficiently for customs and PGAs, managing regulatory rulings, or screening accounts and contacts. Poor Master Data Management. Limited Master Data Visibility and Accessibility.

Global Trends In Digital Supply Chain - 2019 Review

Abivin

The landscape of supply chain management is under evolvement as it is the answer to recent development in this industry. Source ) Even though Warehouse Management System (WMS) has been playing a crucial part in supply chain management, the emergence of autonomous mobile robots in optimizing picking process has become increasingly competitive. Source ) Furthermore, the AI technology can store data, analyze the patterns and predict future operation scenario.

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. The issues and challenges are fundamental, like managing master data from a trade compliance perspective, classifying products effectively and efficiently for customs and PGAs, managing regulatory rulings, or screening accounts and contacts. Poor Master Data Management. Limited Master Data Visibility and Accessibility.

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. The issues and challenges are fundamental, like managing master data from a trade compliance perspective, classifying products effectively and efficiently for customs and PGAs, managing regulatory rulings, or screening accounts and contacts. Poor Master Data Management. Limited Master Data Visibility and Accessibility.

Global Trends In Digital Supply Chain - 2019 Review

Abivin

The landscape of supply chain management is under evolvement as it is the answer to recent development in this industry. Source) The emergence of autonomous mobile robots in optimizing picking process has placed a question for many Logistics managers about the competition between AMR and Warehouse Management System (WMS). Source) Furthermore, the AI technology can store data, analyze the patterns and predict future operation scenario.

5 Insights for Managing Your Fleet Strategy!

Supply Chain Game Changer

Article, and permission to publish here, provided by Morgan Dixon at Expak Logistics. Anyone who’s been involved in fleet logistics has probably spent countless hours going over schedules, vehicle maintenance records, driver training requirements, and a host of problems and delays that have the tendency of popping up at the worst of times. To guide you on your way, we’ve spent some time putting together a list of 5 insights to help you manage your fleet strategy better.

Digital Transformation in Trade Promotion: What Must Change?

Supply Chain Insights

Our survey on Revenue and Trade Promotion Management is closing soon; and we will have some pretty strong research to pass along on this topic; but you and I both know it is going to tell us that nearly half of the trade promotions continue to produce less than planned ROI. Predicting the success of trade promotion is what this rush to promotion optimization is all about; but, it’s more about the quality and quantity of the data.

What’s New in 2015 for the supply chain world? See 2014?s predictions.

Supply Chain View from the Field

With Amazon and others going to same day deliveries, the e-commerce boom is making transportation and delivery infrastructure more difficult to navigate. Physical logistics will become more and more important, which comes down to fundamental process execution, performance measurement, teamwork, and communication…in other words, back to the basics! Make government relationship management an important part of your strategic planning process.

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Five Causes of Analysis Paralysis You Can Avoid

TMC

How often do you feel like you’re drowning in data? It’s a familiar feeling for many supply chain professionals in today’s data-rich working environment. Or maybe you are unaware that the volume of data you’re processing may be in excess of what you actually need. It’s a common pitfall at a time when the number of data sources and data points seem to be growing exponentially. The data is not aligned with the specific needs of the functional group.

50 expert tips on supply chain management

6 River Systems

“In the past, most disruptions were limited to a single supply chain,” explains Dr. Asoo Vakharia, McClatchy Professor and Director of the Supply Chain Management Center at the Warrington College of Business. As many states have started the process of reopening their economies, supply chain managers are faced with rethinking their supply chain networks. ” — Understanding risk management in the supply chain , Deloitte; Twitter: @DeloitteUS 4.

Improving inventory management

EFT

This has pushed inventory management far up the agenda for a host of companies seeking to properly get a handle on what is where in their logistics train and where problems the next blockage might occur. Inventory management, evolved.

Five Causes of Analysis Paralysis You Can Avoid

TMC

How often do you feel like you’re drowning in data? It’s a familiar feeling for many supply chain professionals in today’s data-rich working environment. Or maybe you are unaware that the volume of data you’re processing may be in excess of what you actually need. It’s a common pitfall at a time when the number of data sources and data points seem to be growing exponentially. The data is not aligned with the specific needs of the functional group.

New online insight hub revealed to increase intelligence resources for supply chain decision makers

EFT

Wherever you are involved in the supply chain ecosystem; as a manufacturing, retailer, logistics or tech solution provider, we can now house a far greater library of content than has previously been possible. E-commerce business, F&B and domestic trucking are up, but passenger airlines are grounded, ports are snarled up and shipping routes are being curtailed at short notice, so buyers are having an extra hard look at how they transport goods.

Supply Chain Management:A New Lens for Supply Chain Roadmaps

Infosys Supply Chain Management

Logistics and Distribution. Management Consulting. Application Management. Infrastructure Management. Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. Talent Management. BigDataEdge – Insights Management. ProcureEdge – Sourcing & Procurement. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management.

The Past, Present, and Future of Technology in the Warehouse

Logistics Bureau

Now imagine what the distribution center of 2045 will look like if technology continues to disrupt logistics as profoundly as it has done since the 1990s. Welcome to our tour of a logistics warehouse in the late 20 th century. Today’s warehouses need fewer operatives and hence, fewer line managers, because certain labour-reducing technologies have either made labour more efficient or eliminated it altogether. Improved inventory management.

Supply Chain Management:SAP acquired Ariba, what does it mean.

Infosys Supply Chain Management

Logistics and Distribution. Management Consulting. Application Management. Infrastructure Management. Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. Talent Management. BigDataEdge – Insights Management. ProcureEdge – Sourcing & Procurement. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management.