This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The logistics and supply chain 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 example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? In today’s architectures and functional metrics, value optimization does not exist. Align functional metrics to reliability to deliver value.
Creating a data-driven supply chain tracking important transportationmetrics helps shippers respond and adapt as quickly as possible to known and unknown events. Why Monitor TransportationMetrics. Transportationmetrics provide visibility that helps drive operative and competitive advantages.
However, as carbon taxes and emissions reporting requirements continue increasing, supply chain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Freight transportation makes up over 10% of total global carbon emissions.
Complexity and precision data within the transportation and shipping industry require refinement in measuring and recording metrics. That is where multimodal metrics that leverage transportation data can make all the difference.
Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change. Similarly, shifting freight from road to rail or waterways offers lower-emission alternatives for long-haul transport.
Despite the evolution of technology, none of the 28 industry segments I follow can drive improvement at the intersection of operating margin and inventory turns. The industry is full of experts. I think that the answer has five parts: The Belief that the Industry Has Best Practices. The industry is not clear on desired outcomes.
Shippers, brokers, carriers, news organizations and industry analysts rely on DAT for trends and data insights based on a database of $150 billion in annual market transactions. He is responsible for driving strategy, customer engagement, and industry analysis.
Cloud-based transportation management offers a variety of benefits for businesses that operate in the global supply chain. But there are times when it becomes necessary to outsource the entire process thoroughly, which many refer to as transportation as a service. Why Outdated Approaches to Transportation Management Can Fall Short .
Samuel Parker and Joe Lynch discuss DAT iQ: the metrics that matter. Shippers, brokers, carriers, news organizations and industry analysts rely on DAT for trends and data insights based on a database of $150 billion in annual market transactions. Source capacity with precision using supply and demand metrics and forecasts.
A disruption at any point in the global logistics network including the average of 12 touch points from shipment packaging to final delivery can prove disastrous for profits, service levels, customer loyalty, and other key metrics. With the global e-commerce market predicted to reach $8.1 That is the beauty of a platform enabled by AI.
Managing OTR transportation through disruption is a complex process. We’re sharing seven best practices to improve OTR transportation management, enabling shippers to stay competitive in the face of disruption. Analytics provides visibility into your transportation network and operations. Across OTR Transportation Modes.
Mr. Masson recently wrote the report “ Industrial-grade AI: Transforming Data into Insights and Outcomes.” Mr. Masson leads ARC’s research on industrial AI and data fabrics. However, existing enterprise data fabrics may not be “industrial grade” enough for many AI use cases. This is why data fabrics are necessary.
Doug Estrada and Joe Lynch discuss Walmart transportation. Doug has held various supply chain roles with the Walmart Private Fleet as well as working Internationally for Walmart in Central America in setting up the Retail Transportation Supply Chain Network for Walmart in several Central American Countries. About Doug Estrada.
Data-Driven Insights: DAT offers advanced analytics, providing shippers with actionable insights to optimize transportation decisions and mitigate risks. RateView Analytics: DAT helps manage transportation costs with accurate market data, allowing shippers to set realistic budgets and adjust rates during volatile conditions.
When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. Transportation execution solutions allow shippers to connect to multiple carriers and then tender, track, and pay in the system.
Putting a stick in the eye of the industry is hard work. There are many forms of decision support—price optimization, revenue management, transportation planning, spend management, network design. The industry has too many events. An orbit chart is a plotting of data at the intersection of two metrics. Change is hard.
In most industries, supply chains have become increasingly complex. System Integration and Data Visibility Orchestration requires connecting warehouse systems, transportation platforms, and ERP data so that status updates, inventory levels, and shipping exceptions are visible without needing to log in to separate systems.
Below, we dive into their key takeaways and explore five practical ways to make your logistics data actionable, with insights grounded in industry trends and high-authority sources. The Logistics Data Challenge The logistics sector is awash with data, from shipment volumes and freight rates to sustainability metrics and supplier performance.
Many large organizations have multiple systems for order, warehouse, or transportation management that are barely integrated frequently not at all. These respondents came from 13 countries and 12 industries, representing decision-makers across project management, fleet management, sales & marketing, HR, and finance.
He is focused on revolutionizing the 3PL industry by providing innovative solutions that enable third-party logistics providers to increase their profitability and efficiency. By improving how 3PLs operate, Joshua aims to create lasting change within the industry, raising the standard for fulfillment services across the board.
Industry 4.0. The issue is that when companies optimize functional metrics, they throw the supply chain out of balance and sub-optimize value. The problem is that the industry is applying new techniques to the existing planning taxonomy without embracing the opportunity. Drip Big Data. The Connected Supply Chain.
Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. As companies across industries have discovered, a well-optimized supply chain can drive significant improvements throughout their operations.
In this “The Freight Project Podcast” episode you’ll hear : Hannah address one the biggest issues shippers face today: rising transportation costs. Listen to “How Shippers Can Compete Against Rising Transportation Costs & Competition Using Data” on Spreaker. Download eBook. Download eBook.
While the industry is flush with terms like digital twin and what-if modeling, current applications were not equal to the need. The focus of the transportation suites was on cost mitigation and price negotiation. Most of the industry makes most of the visibility solutions from third-party logistics providers and technologists obsolete.
grinding beef into burger patties) and transport finished goods to restaurant hubs and restaurants. Any breakdown-whether in production, transportation, or staffing-can ripple across the system, impacting product freshness, service quality, and brand loyalty. Processors and Distributors transform these inputs (e.g., Let’s talk.
For logistics professionals, this translates to smarter warehouse layouts, more accurate transportation planning, proactive maintenance scheduling, and a new level of resilience through cost-to-serve optimization. This article explores how digital twins are being deployed in transportation, warehousing, and network design.
The company dynamically positions inventory within its fulfillment network using projected demand heat maps and transportation cost models. Fleet Telematics and Driver Behavior Fleet operators collect telematics data across engine metrics, route adherence, and driver behavior (e.g., acceleration, idling, braking).
According to a survey by ARC Advisory Group, only 10% of industrial companies are ready to apply artificial intelligence/machine learning. The percentage of industrial companies broadly applying agentic AI and generative AI would be a small fraction of that number. ARC has been actively studying industrial AI for over two years.
The industry struggles with groupthink. The industry is awash with ex-execs advising companies, speaking at events, and consulting. They are unconscious that they are underperforming their peer group and have not driven industry improvement. The group’s response is, “Are these supply chain metrics?”
According to Crowley, the most dangerous threat in today’s freight industry is “the rise of identity theft and synthetic carrier profiles. A cornerstone of this evolution has been industry collaboration. “A Their success extends beyond internal metrics to real-world fraud prevention.
truckload market, marking a seasonal uptick in demand that challenges transportation providers across the country. Tender rejection rates, a metric for gauging how often carriers decline contracted loads, have demonstrated significant fluctuations leading up to July 4th. amid localized pressures tied to specific industry sectors.
OTR freight represents a long-standing aspect of supply chain operations and transportation management. M odern transportation networks and supply chains continuously adapt to market volatility and transitions. The value gained from rapid scalability and collaboration is critical for the modern supply chain.
Do Set Clear KPIs and Governance Structures : Establish transparent metrics for sales, coverage, and service levels. Do Invest in Distributor Capability Building : Provide training, digital tools, and performance incentives. A well-equipped distributor is an extension of your brand and a key to market penetration.
Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. The impact of the elongation of payables on receivables varies by industry, but on average across the industries increased eighteen days when comparing the past five years to the pre-recession years.
Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Relying on our experience in the industry and academic field, it is worth to say that if everything is urgent, nothing is urgent! Industry 4.0. Cyber Physical Systems (CPSs) are key enablers for Industry 4.0.
There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. Aligned Metrics. What percentage of retail out-of-stocks could be prevented by the manufacturer in these industries? Can you help us with what you see in the data?” ” Yes, I said.
However, over-the-road transportation costs remain low. Companies are also making upstream decisions about which inventory to place on transport and opportunities to pivot to higher-priority items. In the past month, imports — both ocean and air — surged as disruptions exacerbated congestion at the ports.
OTIF is a key supply chain metric. Andrew Lynch is President and co-founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. The minimum OTIF percentage varies by industry. About Andrew Lynch. third-party?logistics. About Zipline Logistics.
Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Yes, a single year offsets twenty years of poor margins for a struggling industry. Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. profit for Q3 on $16.6B Time For Action.
An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Transport Fleet Optimization Fleet optimisation is one of those areas where companies leave money on the table.
When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. About this, our client would like to understand what is the best practice followed in the industry for open book contracts. Customer metrics.
Search engine optimizations is one of the best digital marketing hacks out there for your industry since it helps buyers hunting for a transportation and logistics company find you online – and you don’t have to pay for PPC advertising. Know their industries and their pain points. These can take the form of backlinks.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content