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Ken Adamo and Joe Lynch discuss a trillion dollars in freight transactions. Ken is the Chief of Analytics at DAT Freight & Analytics. DAT operates the largest truckload freight marketplace in North America. About Ken Adamo Ken Adamo serves as the Chief of Analytics at DAT Freight & Analytics.
In today’s interconnected global economy, sustainability within supplychains and logistics has become a necessity rather than an option. For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supplychain strategies is essential.
The global freight sector faces growing pressure to balance cost-efficiency with environmental responsibility. With freight transport accounting for a significant share of global emissions, efforts to improve logistics now extend beyond operational metrics to include resilience, regulatory compliance, and climate performance.
The logistics and supplychain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden.
For years, supplychains were engineered to be lean. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed.
Erika Voss and Joe Lynch discuss taking the uncertainty and risk out of freight. Erika is Vice President of Information Security at DAT Freight & Analytics, the largest truckload freight marketplace in North America. Erika holds a Ph.D. Erika holds a Ph.D.
As supplychains become more impacted by market disruptions and unpredictable events, they’re also becoming more critical to a company’s customer experience levels and bottom line. Why Monitor Transportation Metrics. Why Monitor Transportation Metrics. Actionable data is one of the most critical business drivers.
The Covid-19 pandemic tested the global supplychain. Like riding a bumpy road, the supplychain leader is riding the ups and downs of changing market conditions facing greater variability day-to-day. Here, based on interviews with supplychain leaders, I share lessons learned. It will not be over soon.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
The global supplychain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global SupplyChain Pressure Index fell to the lowest level since November 2008. Over the past three years, supplychain cycles shifted.
Samuel Parker and Joe Lynch discuss DAT iQ: the metrics that matter. Samuel is Director of Product Marketing at DAT Freight & Analytics ‘ Shipper segment. DAT operates the largest truckload freight marketplace in North America. He lives in Denver, Colorado with his wife and son.
It is a practical tool, actively helping fleets reduce idle time, improve safety, and gain real-time situational awareness across the supplychain. Whether refining freight logistics efficiency at port terminals or enhancing last-mile delivery in urban neighborhoods, V2X adds intelligence to every vehicle interaction.
Supporting hypergrowth while reducing supplychain logistics emissions is not an easy feat. IT hardware is non-standard freight, meaning it is difficult to move due to its size and sensitivity. A clear goal needs to be combined with good data and metrics. This of course generates carbon from transportation activities.
An efficient supplychain strategy is one that takes every aspect of your supplychain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Let’s look at some of the best ways to make your supplychain more efficient.
In early 2020, the market forecast for freight looked bright. Then, coronavirus happened to spread, and now, it will impact global supplychains. The post What Are the Most Important 2020 FreightMetrics to Know? The post What Are the Most Important 2020 FreightMetrics to Know?
Digital Twin from Infor Nexus Drives SupplyChain Agility. When it comes to driving supplychain agility there are several solutions that are important, but the key solution is a Multi-enterprise SupplyChain Network (MSCN). But even in more normal times, a supply plan usually can’t be fully executed.
Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supplychain goals. The freight market is mercurial. One master of freight procurement is Kyle Masters. Speed is of the essence.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
” SupplyChain Leader. Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I loved the quote that I captured today in my interview (see above), and I have enjoyed interviews with supplychain leaders like Peter Gibbons.
The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. As a leader, you need many tools to eliminate this mindset.
OTR freight represents a long-standing aspect of supplychain operations and transportation management. M odern transportation networks and supplychains continuously adapt to market volatility and transitions. Carrier Vetting for OTR Freight . Remote Tendering and Shipment Execution .
Market volatility from the ongoing labor shortage on top of increasing consumer demand, rising fuel prices, and port and terminal congestion will continue to challenge supplychains through 2022 and beyond. Given these disruptions, supplychain resiliency will be a critical factor in ensuring the success of your network.
Supplychain and logistics teams today face a pivotal moment in their evolution. The traditional metrics of excellence cost efficiency, on-time delivery while still important, are no longer sufficient in an era defined by volatility, complexity and political changes. The first is living demand intelligence.
As an engineer, former solutions architect and now CEO of a leading supplychain technology company, I have a real affinity and respect for Chief Information Officers (CIOs) and their teams, without whom successful enterprise technology deployments would be impossible. What’s more, today’s supplychains operate at lean levels.
The Future Of The SupplyChain Starts With Sustainability. To say the last two years have been difficult for the supplychain industry is a significant understatement. The Importance of SupplyChain Sustainability for 2022 and Beyond. In 2022, many companies will be looking to localize their supplychains.
Freight Visibility and Control: Introducing the Freightos Baltic Index (FBX). Today, the go-to metric for that question is typically Standard & Poor’s 500, the Nikkei, or the Dow Jones Industrial Average (a shockingly poor indicator , if you look closer). The underlying premise dates back further, even for freight.
How to Reduce Carbon Emissions in Your SupplyChain 1. For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped. This means deploying supplychain carbon accounting software, setting clear KPIs for emission reduction and regular carbon audits.
Driving Sustainable Growth Through SupplyChain Resilience. Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great SupplyChain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel.
Last month I participated in Oracle’s Perfect Delivery Virtual Summit , along with Matt Leonard from SupplyChain Dive, Marcelo de Matheus from Tramontina, and Mohamed Absar from DP World. What is the Perfect Delivery Metric? As supplychain complexity increases, perfect deliveries become more difficult.
The global supplychain industry has by default, a large environmental impact, through its carbon footprint. We are committed to preparing the supplychains of the future. In addition, CEVA Logistics was also appointed by General Motors (GM) to manage its entire ventilator production supplychain in support of the U.S.
Supplychain reports offer a comprehensive view of your entire supplychain operation. What are SupplyChain Reports? Supplier Performance Evaluating supplier performance based on key metrics such as on-time delivery, quality of goods received, adherence to agreed-upon terms, and responsiveness to inquiries.
Achieving end-to-end supplychain visibility has always been (and remains) a top priority for companies, but over the past few years, the spotlight has been on a particular segment of the process: achieving real-time freight visibility. How does freight visibility impact OTIF? What’s driving this demand?
According to McKinsey survey of global supplychain leaders , only 53% of respondents describe the quality of data in their supplychain planning systems as “sufficient” or “high.” less likely to be affected by supplychain disruptions.
Hazardous freight is the most likely to get “rolled” at the dock. While we will recover quickly in retail (moving from painful shortages to a glut of inventory), the chemical industry–sitting four and five layers back in the supplychain–takes longer to recover. The Efficient SupplyChain Is Effective.
Throughout the supplychain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas.
Part of the challenge in managing the modern supply-chain is due to its sheer size and complexity. An optimized supplychain is one that is as efficient as possible; it is more likely to reduce costs, increase customer satisfaction rates, and add value for stakeholders. Defining Transportation Optimization.
Mars has been on a journey to transform their digital supplychain. In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supplychain transformation. Mars’s Digital Transformation Mr. Beery started by asking, “what does a digital supplychain mean for us?”
Reimagine SupplyChain of the future: There are many facets to imagining SupplyChain of Future. What are the learnings from Covid disaster that leaders will incorporate into future supplychains? Let us study major highlights of SupplyChains of the future. . — Jeff Bezos, CEO, Amazon.
The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. By Zvi Schreiber, CEO, Freightos.
Driver shortages have become even more of a reality in the supplychain industry for a number of reasons, chief among them being the sharp rise in demand. The post Driver Shortage, Driverless Vehicles, and Other SupplyChain Curiosities appeared first on Logistics Viewpoints. Keep Your Eyes on the Road.
Cloud-based transportation management offers a variety of benefits for businesses that operate in the global supplychain. In addition, shippers were responsible for the whole of their operations, ranging from carrier negotiations through freight settlement and dispute resolution practices like reverse logistics. .
Understanding how your Procurement and SupplyChain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Why You Need Visibility of SupplyChain and Procurement KPIs? Running procurement and supplychain without metrics is like driving blindfolded.
Professionals in supplychain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supplychain case studies, analyzed/categorized them by industry and the findings are presented.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
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