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.
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.
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.
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.
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.
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.
Blockchain can provide an auditable trail of how and where materials move, particularly helpful in industries like fashion, aerospace, and electronics. Metrics That Matter Circularity only works when it’s measurable. Key performance indicators are evolving beyond traditional supply chain metrics.
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.
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.
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.
The key metric here is landed cost impact. Create supplier scorecards that track not just traditional metrics like quality and delivery, but new factors like tariff exposure, geographic flexibility, and crisis response capability. Consider the total network effects of these changes.
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.
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.
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.
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.
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).
However, the real nuance comes into play when looking at a single mode of transport, particularly road freight. it has several road transportation options available, each with different price points, service characteristics, and risk profiles: Partial truckload (PTL). Consider that U.K. engine-block manufacturer.
LoRaWAN A long-range, low-power protocol that supports applications across large outdoor areas, such as shipping yards, intermodal facilities, and cold chain transport. Looking Ahead: Integration and Intelligence What the logistics industry needs today is not just more sensors, but more intelligence from those sensors.
Industries managing overwhelming workloads, like logistics, healthcare, and manufacturing, constantly face challenges in keeping up with demand. So, let’s unload seven key solutions that empower overloaded industries to operate smoothly under intense pressure. Subscribe What is the Digital Supply Chain?
At the core of every successful enterprise are four critical functions: supply chain management, logistics, transportation, and operations. Understanding the differences between supply chain, logistics, transportation, and operations is crucial for effective business planning, reducing delays, and controlling costs. What Is Logistics?
Integrating Technology and Automation The advent of Industry 4.0 MTSS platforms can effectively integrate these technological advancements into the learning process, ensuring that students are proficient in the latest tools and systems used in the industry.
Behind the scenes of every successful business lies a well-orchestrated machine made up of four critical functions: supply chain, logistics, transportation, and operations. What Is Transportation? Real-World Example: Amazon’s two-day delivery is a result of highly optimized logistics, not just fast transportation.
Between market volatility, rapid advances in automation and rising customer expectations, transportation leaders are being forced to rethink legacy systems and outdated ways of operating. With fewer regulatory pivots to manage, the industry can redirect resources toward long-term innovation and profitability.
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.
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.
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.
For a retailer, that might take the form of guidance as to where and how much to produce items, how to transport them, and where to position them in a manner that best reflects actual consumer demand. What makes mathematical optimization especially valuable, Yurchisin says, is its prescriptive — as opposed to merely descriptive — nature.
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. Transportation networks have undergone perhaps one of the most visible transformations. Warehouse operations are being similarly revolutionized.
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.
Another example of AI’s effectiveness occurred within a leading transportation and logistics company with nearly 450,000 trucks and 150 locations. Combining these in the supply chain is the ideal way to advance beyond reactive strategies to proactive and even predictive ones.
The Future of Freight Festival, now in its fourth year, is FreightWaves’ flagship event designed to convene industry experts, entrepreneurs, and innovators to explore emerging trends in transportation, logistics. -China trade dynamics and supply chain volatilities.
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.
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.
Another powerful use of KPIs is in the benchmarking of your companys performance against that of your competitors and industry peers. Unlike most of the KPIs we recommend, perfect order is a composite of several elementary metrics.
The logistics industry continued to expand in July, but the transportation market remains stuck in a “holding pattern,” according to a monthly survey of supply chain professionals. reading for transportation capacity in the month. reading for transportation capacity in the month.
At a press conference following Samsara’s keynote, industry leaders from Nutrien Ag Solutions, Univar Solutions and Sysco discussed how Samsara’s AI-powered platform has transformed their transportation operations. Springs said, “We’re seeing consistent increases in safety metrics.”
Oil and gas production is more than just an energy source—it is the backbone of modern industrial progress and global trade. Oil and gas production is defined as the extraction of crude oil and natural gas from the earth through sophisticated drilling and recovery methods, subsequently processed and refined for myriad industrial applications.
Regular audits help identify discrepancies, maintain data integrity, and ensure compliance with industry regulations and quality standards. These robotic helpers play a vital role in boosting efficiency, especially for tasks like picking, packing, and transporting goods within the warehouse.
Unlike transporting goods across state lines, cross-border shipping demands specialized expertise, robust infrastructure and comprehensive security measures. Beyond physical security, real-time visibility from initial pickup through final delivery represents the current industry standard.
The Merchant Marine Act of 1920 requires that goods transported between U.S. This law is meant to protect the domestic maritime industry, but it carries additional considerations for shippers. ports be carried on ships that are built in America, and owned and crewed by Americans. In the case of shipping to non-contiguous U.S.
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