Transportation Data Overload: How a TMS Enables Data Management

MercuryGate

The post Transportation Data Overload: How a TMS Enables Data Management appeared first on MercuryGate International. Blog Supply Chain Trends Blog Posts

The Impact of SOLAS on Ocean Shipping and Data Management

Talking Logistics

The Regulation’s Impact on Ocean Shipping and Data Management. The Regulation and Data Management. However, in today’s information-driven supply chain, data often flows in parallel with the passage of freight. Each of these supply chain participants may use various protocols, Enterprise Resource Planning (ERP) or Transportation Management (TM) systems, and information may be transmitted at different times.

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Why Master Data Management is Important in Trade Compliance

3rdwave

Product and Account data are foundations on which all organizational activity operate. In most organizations, the ERP is meant to be the repository of the organizations’ master data. That is, ‘important’ data is housed there. However, Master Data Management is seen as a challenge in most organizations. Important data is a matter of perspective. As a result, there is no single system of record for master data.

Why Master Data Management is Important in Trade Compliance

3rdwave

Product and Account data are foundations on which all organizational activity operate. In most organizations, the ERP is meant to be the repository of the organizations’ master data. That is, ‘important’ data is housed there. However, Master Data Management is seen as a challenge in most organizations. Important data is a matter of perspective. As a result, there is no single system of record for master data.

Why Master Data Management is Important in Trade Compliance

3rdwave

Product and Account data are foundations on which all organizational activity operate. In most organizations, the ERP is meant to be the repository of the organizations’ master data. That is, ‘important’ data is housed there. However, Master Data Management is seen as a challenge in most organizations. Important data is a matter of perspective. As a result, there is no single system of record for master data.

Transportation Data Overload: How a TMS Enables Data Management

MercuryGate

The volume and opportunity to collect and manage transportation data is increasing, and companies are clamoring over their potential. The post Transportation Data Overload: How a TMS Enables Data Management appeared first on MercuryGate International.

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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 suddenly so important because the current technology supports the capturing of phenomenal amounts of raw data from an unlimited number of sources and the converting of that data into meaningful, contextual, and actionable information – quickly and at low cost. What is 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 suddenly so important because the current technology supports the capturing of phenomenal amounts of raw data from an unlimited number of sources and the converting of that data into meaningful, contextual, and actionable information – quickly and at low cost. What is Digitization?

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. Outsourcing of Freight Data and Payment Management.

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. 6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. Strategic Logistics Management: The Importance of Flexibility. The Use of Data to Create a Successful Transportation Management Program. Businesses are often left with questions about the origination of such data.

Roberto Crippa: “If you try to manage new business with old rules you fail”

Supply Chain Movement

The business is getting tougher as more and more professional buyers at Customer’s site are managing procurement and purchasing. 1) Demand Management (demand forecasting, scarcity management and part of sales back office). 3) Logistics (inbound/outbound transportation, materials and finished goods warehouses). A technician has a different perspective to the way in which the supply chain can manage variety.

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What Supply Chain Data Should I Track in 2020?

Cerasis

Supply chain data management requires attention to detail and a mechanism in place that provides analytics, or insights, to gain actionable knowledge. Risk exists around data when it is incorrectly or inaccurately collected and shared. To ensure your organization applies data correctly and generates meaningful KPIs, supply chain leaders must know the challenges of data tracking, how it improves.read More. The post What Supply Chain Data Should I Track in 2020?

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Supply Chain and Logistics Predictions for 2016

Talking Logistics

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? In short, the increased threat of terrorism underscores the importance of taking a smarter approach to supply chain risk management , which was one of my predictions for 2014. The Rebirth of Transportation Marketplaces (UberCARGO, Cargomatic, and Freight Friend).

Top Talking Logistics Posts & Episodes (Q1 2016)

Talking Logistics

Chipotle: The Latest Example of Why Supply Chain Risk Management Matters. The Impact of SOLAS on Ocean Shipping and Data Management. Sports Authority: Another Not-So-Great Moment in Supplier Relationship Management. It Isn’t That Simple: Managing the Complexities of Parcel Shipping (2,981 views). It’s hard to believe that we’re more than a quarter of the way through 2016 already — and that it’s snowing here in Boston today, the first Monday in April.

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

Talking Logistics

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. Final rule for electronic logging devices is pushed back to end of October (Logistics Management). Speaking of TMS, Oracle announced the release of Oracle Transportation Management 6.4

Freight Data Trends for 2019 and How a TMS Will Grow in Value

Cerasis

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. Shippers need to consider how the freight data trends will affect dropshipping, omnichannel shipping, reporting capabilities, and much more. Data Freight Omnichannel Transportation Management Trends

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

Talking Logistics

E2open Acquires Transportation Management Systems Provider Cloud Logistics. Like I wrote earlier this week, there is always something new to talk about in the transportation management systems (TMS) market.

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.

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

Talking Logistics

February 2016 Freight Transportation Services Index (TSI). If you’re not familiar with SOLAS, check out the two guest commentaries we have published on the topic in recent months: Don’t Get Caught Off-Guard: Preparing for July 2016 SOLAS Shipper Mandates and The Impact of SOLAS on Ocean Shipping and Data Management. the Freight Transportation Services Index (TSI) fell 0.7

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. If a company stored all of its data in one central server, it would only take one fire to bring the whole system down.

This Week in Logistics News (June 27 – July 1, 2016)

Talking Logistics

Trucker Path Joins AscendTMS™ to Offer Free Transportation Management Software (TMS) to Carriers and Freight Brokers. Descartes: The Impact of SOLAS on Ocean Shipping and Data Management. Orchestro’s data, visibility and analytics solutions strategically complement E2open’s recent acquisition of Demand Sensing solutions from Terra Technology.

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

Cerasis

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.

Welcome 2019

Supply Chain Shaman

Bear markets drive heightened interest in supply chain management. Companies cannot save their way to supply chain excellence with cost-cutting and inventory management — customer back capabilities. SAP won the fight, but ERP failed to make the desired mark on driving value in supply chain management. The flawed vision by Gartner of ERP II (the use of ERP as the backbone for supply chain management) is dead. Machine learning will redefine master data management.

Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

The late consultant, educator, and author, Peter Drucker, is often quoted as saying "you can't manage what you can't measure.” In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). To effectively manage the end-to-end supply chain, you need higher-level metrics that align and synchronize the actions and corresponding performance measured by lower-level metrics. Master Data Management.

The 17th Annual Shipper Symposium: Choose Your Breakout Adventure!

Transplace

At the 17th annual Shipper Symposium (May 6-8), we are proud to be hosting transportation experts and leading supply chain professionals from a variety of industries to discuss topics geared toward helping you operate your supply chain more efficiently. Through real-time track and trace technology, organizations are able to manage shipments in a single platform to improve on-time delivery and optimize their supply chain based on actionable data and predictive intelligence.

Taking Your Supply Chain to a New Dimension: Shipper Symposium 2019

Transplace

During the three days, industry leaders, executives, partners, sponsors, carriers and shippers had the opportunity to discuss current industry trends such as data management and technology, capacity constraints, and economic and regulatory issues that are impacting the transportation of goods across the globe. Companies are willing to share data to get a more holistic view, and that’s a game-changer.

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Are You Getting the Best Out of Order Consolidation?

TMC

A key feature of advanced transportation management system (TMS) technology, especially in conjunction with Managed TMS ® solutions, is an optimization tool that dynamically consolidates orders to create efficient routing and scheduling plans for multi-leg shipments. Sifting through these alternatives to pinpoint that one best-case “atom” quickly is a tall order for any person, but typically represents the path of least resistance for busy freight managers.

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The View from Houston: DHL Global Energy Conference 2015

Supply Chain View from the Field

Rig data management is an emerging area to keep track of all changes while the rig is in operation, and improve rig productivity and uptime. Productivity and logistics savings occur only through improved collaboration with service providers, and attacking costs in a structured and organized fashion that involves studying the problem, collecting data, and driving operational execution of the improved process.

SCM Cloud Webcast Series Continued

Oracle SCM

Oracle Transportation Management Cloud. Global Trade Management Cloud. Innovation Management Cloud. Product Master Data Management Cloud. To learn more about Oracle Supply Chain Management applications, please visit www.oracle.com/scm. Oracle Supply Chain ManagementThese webcasts will showcase live demos and serve to educate you about the latest SCM Cloud applications from Oracle.

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Five Keys to Cold Chain Success with Tyler Hildebrand

The Logistics of Logistics

I’m Tyler Hildebrand and I am an account executive at Reliable Transportation Solutions in Cincinnati, OH. As a freelance marketer, I often worked closely with clients in the transportation and logistics space, so I began to understand the business. Transitioned to transportation and logistics when a recommended me for an opportuniy. Balances and manages the supply and demand of food. Risk management. Appropriate temperature control during transport.

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6 Causes of Sub-Optimal Trade Compliance Performance

3rdwave

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. Or, the issues and challenges focus on more sophisticated problems like improving processes to contribute to more efficient and effective global supply chain control and management. Poor Master Data Management.

Forecast Accuracy at the SKU Level is Achievable

Logility

Improving forecast accuracy by just one percent can significantly reduce finished goods inventory, lower transportation costs, decrease inventory obsolescence and increase perfect order performance. While not rocket science, drastically improving SKU-level demand forecasts will require investments in people, process, data, and enabling solutions. The Data Opportunity. This creates a data collection and management problem that many companies are not equipped to handle.

Agility Does Not Grow on Trees: Start Building Today

Supply Chain Shaman

Improvements in transportation management had the greatest impact on improving agility. Each has a significant change management component. It is a careful balance between change management and technology evolution. Only one in five companies has a balanced process, and most companies struggle to get to data. Most companies lack the ability to manage data and develop a feasible plan. Companies want to be agile.

Not the Jetsons: 10 Use Cases for Cognitive Learning in Supply Chain

Supply Chain Shaman

Last week, I was having breakfast with a CEO of a leading software supply chain management company. The reading of data patterns feeding the planning engines and self-adjusting based on machine learning.) Here is a synopsis of the use cases discussed: Data Mapping. While the solutions are sourced from the same provider, each has a different data definition. It is difficult to map data from one to the other. Today, master data is hard-coded.

Logistics Automation and Blockchain: What’s the Potential?

Cerasis

Up to 64% of supply chain leaders consider Big Data Analytics the best way to overcome supply chain challenges, asserts Antonia Renner of ComputerWorld, but new technologies, such as logistics automation and blockchain, may hold much more opportunity than meets the eye. Approximately 83% of supply chain entities have not leveraged big data analytics for supply chain management, and most businesses assume movement toward new technology requires small steps.