article thumbnail

The Evolution of Logistics: Connectivity, Data Integration, and Virtual Design

SCMDOJO

From the ubiquity of the Internet and various electronic gadgets, we are now in the era of next-level digital space where businesses and individuals can easily leverage the power of cloud computing, big data analytics, AI, and the Internet of Things (IoT).

article thumbnail

Tips For Increasing Trucking Company Profit Margins With Technology

Turvo

For many managers at any carrier or trucking company today, profit margins are their most important metric. Streamline Freight Invoicing And Settlement With A Digital Collaborative Logistics Platform. Having a robust platform will stay essential for survival within the ever-changing field of freight management and logistics.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. End to End Supply Chain Visibility and the Internet of Things (IoT). The exponential growth of E-Commerce, the Internet of Things (IoT), Industry 4.0

article thumbnail

Why Transportation Optimization Must Include Technology & Solutions

Intelligent Audit

As reported by PYMNTS.com , “That includes the embrace of the Internet of Things (IoT), where fleet vehicle electronic logging devices (ELDs) and sensors can gather and transmit a greater level and quality of granular data, promoting capabilities like real-time product tracking or the monitoring of temperatures as products move.”

article thumbnail

7 Important Tips to Optimize Your Freight Management

AFFLINK

Your business is often only as strong as its freight management. Better freight management can make it possible for you to save money, improve your day-to-day operations, and increase your reputation with those you ship to. Here are a few important tips on how to improve your freight management. Establish metrics.

article thumbnail

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

Supply Chain Network

Shippers, carriers, freight forwarders and third party logistic firms are currently spending millions of dollars in resources on ‘estimating’ important metrics such as container Estimated Time of Arrival (ETAs).

article thumbnail

Leveraging Big Data in Logistics Into Meaningful Business Analytics

Intelligent Audit

What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Freight Audit in Multiple Modes. In other words, errors are common, even with the best intentions.