Intelligent Audit

OCTOBER 27, 2022

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. . The Best Analytical Techniques Around Big Data in the Supply Chain. Inventory Predictions.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Turvo

DECEMBER 9, 2021

A freight broker TMS has many vital functions that greatly enhance the operations of logistics companies. Collaboration with these systems provides excellent advantages to freight brokers, partners, and all involved in the process. Integrating a freight broker TMS yields many beneficial advantages for logistics companies.

Analytics Software 72

Analytics Software Supply Chain Planning Software Supply Chain Network Software Predictive Analytics Software 72

SCMDOJO

APRIL 9, 2024

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). The market for logistics robotics is predicted to reach $6 billion by 2027.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

Logistics Viewpoints

JUNE 26, 2023

The final goal was to develop end-to-end visibility based on leveraging data analytics. Mars Wrigley chose Transplace, now UBER Freight, for North America and a partnership with Maersk/E2Open for ocean freight. This led to automated execution surrounding the predicted supply chain problems.

Supply Chain Planning Software 206

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 206

Turvo

SEPTEMBER 29, 2021

Implementing technology that shares shipment details in real-time, digital management methods, analytic utilization, and system integration will help modernize the supply chain processes and keep shipments flowing without delay. . Use Analytics to Track the Health of Your Business. Share Shipment Details in Real-Time.

Supply Chain Disruption 76

Supply Chain Disruption Logistics Network Optimization Software Analytics Software Optimization Software 76

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. Which metrics do you think matter to supply chain excellence? ” Supply Chain Leader.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

Intelligent Audit

NOVEMBER 3, 2021

The implications of reduced cost in just this one area of processing and freight payment management can have a significant impact on profits. But freight payment remains a very complex and often error-prone process. What Are Freight Payment Services. Freight payment service may also be known as freight audit and payment.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Vendor Strategies Expense Reduction 52

ShipBob

APRIL 26, 2023

For instance, you may want to consider multiple transportation modes, like air and ocean freight, to decide which is the best option for the type of inventory you want to transport. ShipBob offers a free analytics reporting tool that will let you track all the crucial supply chain metrics in one place.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

GlobalTranz

APRIL 14, 2017

Historically, TMSs were out of reach for companies moving less than $100 million in freight , but cloud-based systems give everyone a fair chance at the best rates. Even adding freight insurance, consolidating freight and intermodal shipments can be realized at lower costs than your company may have previously faced.

Analytics Software 122

Analytics Software Forecasting Software Predictive Analytics Software Vendor Strategies 122

Zipline Logistics

FEBRUARY 9, 2021

It is critical to leverage transportation analytics to get the most out of your operation. Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. In this ebook, you will learn how data can be used to identify efficiencies and make logistics improvements. Learn More.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

2022 Realities vs 2023 Predictions. The tight capacity and shipping downtime can increase rates and severely disrupt freight flow for months. Emissions factor heavily into the environmental, social, and governance (ESG) metrics investors care about, but carbon taxes are also on the minds of many executives.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

GlobalTranz

APRIL 16, 2018

The Growth of Parcel Shipping on the Rise Thanks to the Amazon Effect Overall, parcel shipping is growing at a robust 10-percent clip as all other freight modes are basically flat, growing at a very modest 1 percent. The impact is being felt globally as China’s parcel spend increased by 45 percent year-over-year.

Prescriptive Analytics Software 161

Prescriptive Analytics Software Supply Chain Planning Software Retail Analytics Software 161

BlueYonder

JANUARY 31, 2023

Having executive management support and enterprise-wide communication on why the company is embarking on this initiative of transforming processes, people, and metrics is really key. Level-two is starting to leverage predictive analytics: Can I predict where a challenge or disruption is going to occur?

Automotive 85

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 85

ShipBob

JULY 2, 2021

By using a combination of technologies like AI, machine learning, and predictive analytics, online brands can manage complex supply chains by automating warehouse operations, improving delivery times, easily managing inventory, optimizing third-party communication, and creating new customer experiences that increase satisfaction and boost sales.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

QAD

JUNE 17, 2021

Even without a global pandemic and its aftershocks, manufacturing supply chains are often brittle and can break easily when disruptions occur, leading to over- or under-utilized resources, premium freight costs, inventory write-offs, lost orders and faulty decision-making. Complete Customer Management.

Supplier Management 97

Supplier Management Supply Chain Planning Software Supply Chain Planning Supply Chain Software 97

Zipline Logistics

JULY 27, 2021

As produce transportation winds down and the freight market loosens slightly for the first time in several months, CPG shippers have the opportunity to prepare for the quickly approaching peak season. Peak season in this context is defined by increased freight volume associated with back-to-school shopping and the coming holiday season.

Vendor Strategies 52

Vendor Strategies Optimal Sourcing Sourcing Strategies Cost Reduction Strategies 52

IQMS

OCTOBER 18, 2019

The algorithms iteratively query data with many using constraint-based modeling to find the core set of factors with the greatest predictive accuracy. One of the most challenging aspects of managing a supply chain is predicting the future demands for production. no opt-in). Journal Of Business Logistics , 37 (1), 6-17. Preston, D.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. Transport costs are soaring to ridiculous levels, especially for those shippers that did not have an organized procurement strategy for freight movement. Change is imminent, “ready or not.”.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

Intelligent Audit

JANUARY 17, 2023

As rates continue to fall, industry metrics are beginning to reflect a new reality for the transportation market. for December, marking the metric’s fastest decline ever recorded. Frank McGuigan Steps Down from a Top Position at Uber Freight. Business Intelligence and Analytics to bring actionable insights to your supply chain.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Cost Reduction Strategies Vendor Strategies Supply Chain Planning Software 52

AFFLINK

DECEMBER 17, 2019

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.

Optimization Software 62

Optimization Software Price Mitigation Strategies Freight Material Savings 62

Locus

DECEMBER 16, 2021

As supply chain disruptions overstay their time, unexpected pressures on freights and port terminals, price hikes, new trade agreements and regulation compliances could all become the new logistical normal for the fashion industry.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 52

Gravity Supply Chain

MAY 20, 2022

Spire and Gravity Supply Chain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. The quantity of goods carried by containers soared from 102 million metric tons in 1980 to about 1.83 billion metric tons as of 2017. One joint solution.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

Turvo

FEBRUARY 17, 2021

One of the most significant challenges the shipping industry faces is related to real-time freight analytics. ” Using real-time freight analytics effectively can be a game-changer for companies. ” Using real-time freight analytics effectively can be a game-changer for companies.

Real-time Visibility 56

Real-time Visibility Prescriptive Analytics Software Predictive Analytics Analytics Software 56

ShipBob

NOVEMBER 6, 2023

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. Demand forecasting is predicting future orders by using historical data.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Intelligent Audit

MAY 10, 2022

As more shippers and logistics managers begin to focus on freight analytics, the need for a concise and reliable way to deal with everything involved becomes painfully clear. Supply chain insights and freight audit data and analytics make it much easier to process, analyze and apply all that data practically and effectively. .

Sourcing Strategies 52

Sourcing Strategies Prescriptive Analytics Software Supply Chain Software Analytics Software 52

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Uses of Truckload Pricing Tools.

Benchmarking 78

Benchmarking Forecasting Software Predictive Analytics Software Analytics Software 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Uses of Truckload Pricing Tools.

Benchmarking 78

Benchmarking Forecasting Software Predictive Analytics Software Analytics Software 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Uses of Truckload Pricing Tools.

Benchmarking 78

Benchmarking Forecasting Software Predictive Analytics Software Analytics Software 78

GlobalTranz

JUNE 14, 2016

However, this means any problems that occur are capable of leading to severe skews of reports, metrics, and key performance indicators. This pricing model takes into account the volume and weight of a package in determining shipping cost, but shippers may have legacy systems that only account for traditional freight classification models.

Packaging 120

Packaging Modeling Software Modeling Optimization Modeling 120

DAT Solutions

NOVEMBER 15, 2018

Create customizable reports that are specific to your business needs with DAT Data Analytics. The DAT Freight Barometers, and this proprietary method of weighing the balance between demand and capacity, predict both the direction and magnitude of changes in spot pricing. The metric for flatbeds came in at 59.1

Freight 79

Freight Price Reduction Predictive Analytics Trends 79

ToolsGroup

MARCH 9, 2021

So your firm recently released a report of 2021 predictions and there’s a lot of great information in there. And because of that, when we- and we do predictions, we’ve done this since our inception in 2008 and we’ve had a traditional format for how we do our predictions. Bob Ferrari: Thank you, Mary.

Predictive Analytics Software 156

Predictive Analytics Software Supply Chain Planning Software Predictive Analytics Supply Chain Design Software 156

The Logistics of Logistics

DECEMBER 19, 2020

Mitch Violett is a Principal Product Manager at Convoy focused on building products to increase the efficiency of delivering freight and improve the experience for everyone involved. Convoy is the nation’s most efficient digital freight network. About Mitch Violett. About Convoy. Phase 1 – Quoting and Booking.

Shipping 130

Shipping Waste Reduction Negotiating Skills Montana 130

American Global Logistics

SEPTEMBER 26, 2023

Data analytics should enable hyper-personalization and predictive capabilities. Revamp metrics to balance financial KPIs with customer satisfaction, retention, and lifetime value. Operational metrics must take customer-centric metrics into account. Journey mapping and advanced analytics help uncover weak spots.

Procurement Analytics 52

Procurement Analytics Expense Reduction Cost Reduction Strategies Price Reduction 52

Intelligent Audit

MAY 2, 2022

Actionable analytics and insights are meaningful findings resulting from data collection, interpretation, and logistics intelligence. As highlighted by Transport Topics in a January 2022 article discussing freight shipping analytics, “ Data shows total truckload rates year-over-year are holding around 12% higher.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Analytics Software Predictive Analytics 52

ShipBob

APRIL 15, 2024

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). This metric doesn’t just account for the cost of buying inventory. These two metrics can be calculated using their respective formulae. ShipBob finally gave us the visibility and analytics we were looking for.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Supply Chain Shaman

MARCH 21, 2022

Deaths in Hong Kong are at a record level as COVID outbreaks slow freight at Shenzhen and Qingdao ports in China. Very little freight is moving with prices skyrocketing and many rerouting containers to Ningbo. Rail freight through Russia increased 40% last year. bound Chinese exports– is open. On paper, it makes sense.

Modeling 276

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 276

Logistics Viewpoints

MARCH 31, 2022

Artificial intelligence (AI), machine learning (ML), predictive analytics and robotics once seemed incredibly sophisticated and out of reach — but today they’re easily accessible to every company. The study predicts that a $10 billon company can realize over $31.2 Warehouse Task Automation. billion in 2020 to $15.79

Logistics Network Optimization Software 205

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software 205