Final Mile Delivery: The Role of TMS and Predictive Analytics

Talking Logistics

How can technology, specifically transportation management systems and predictive analytics, help shippers and third-party logistics providers (3PLs) excel in this area? Second, companies are realizing the tremendous costs associated with last-mile delivery, which can account for over 30 percent of shipping costs. The post Final Mile Delivery: The Role of TMS and Predictive Analytics appeared first on Talking Logistics with Adrian Gonzalez.

Four Ways a TMS Solution Leverages Predictive Analytics

Supply Chain Collaborator

The shrewd operators are leveraging these data to support predictive analyses with the goal of achieving more accurate planning and execution of logistics as product moves through their supply chain. Here are four ways smart TMS users can harness the power of their data for predictive analytics. Avoiding the Pain of Seasonal “Swings” | Peaks and valleys in shipping volume are nothing new. Blog Collaborator Blog analytics big data data predictive analytics

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Predictive Analytics: Supply Chain’s Cloudy Crystal Ball

Enterra Insights

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball. She writes, “Ask someone to draw ‘predictive intelligence’ as if they were playing a game of Pictionary.

Predictive Analytics in Supply Chain Management

EV Cargo Technology

Our Business Development Director from APAC, James Hargraves , was one of the speakers at the summit and presented his vision on “Predictive Analytics in Supply Chain Management.” The post Predictive Analytics in Supply Chain Management appeared first on EV Cargo Technology.

Predictive Analytics in Supply Chain Management

EV Cargo Technology

Our Business Development Director from APAC, James Hargraves , was one of the speakers at the summit and presented his vision on “Predictive Analytics in Supply Chain Management.” The post Predictive Analytics in Supply Chain Management appeared first on Adjuno.

Mitigate Seasonality and Other Logistics Disruptions with TMS Supporting Predictive Analytics

Supply Chain Collaborator

More importantly, how does a shipper synthesize the seemingly endless stream of conflicting market analysis into proactive plans that avoid simple, reactive responses to the often confusing and counter-intuitive moves in the market? . – Realize the goal of cutting through the static using analytics as a “knife” in your TMS. You may have some questions about how to realize the goal of cutting through the static using analytics as a “knife”.

The Data Needed to Transform Supply Chains

Talking Logistics

The Hackett Group provides a useful visual for describing the maturity stages that supply chain is moving through as the industry strives to leverage data and advanced analytics. Supply Chain Analytics Maturity Model (Source: Hackett Group). Descriptive Analytics (What happened?).

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Redefining Logistics Management in a Digital World

Talking Logistics

Collecting and analyzing your organization’s historical data can be crucial for improving and streamlining processes, but applying predictive models to generate forward-looking insights can drive even further improvements.

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

Or how about if you need capacity for a shipment – broadcast it across the social media outlets and you are likely to find space for your products to ship. Use predictive and prescriptive analytics to support your visibility goals.

E-Commerce Shipping Strategy Challenges to Consider for Perfect Implementation

Cerasis

The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce. Determine e-commerce shipping costs and pricing models.

Preparing Your Supply Chain for Capacity Challenges

Transplace

Below are some of the key insights shared during our conversation about how shippers can plan for ongoing capacity challenges and optimize that plan through analytics, feedback and consistent updates. Preparing Your Supply Chain for Capacity Challenges.

Preparing Your Supply Chain for Capacity Challenges

Transplace

Below are some of the key insights shared during our conversation about how shippers can plan for ongoing capacity challenges and optimize that plan through analytics, feedback and consistent updates. Preparing Your Supply Chain for Capacity Challenges.

Sourcing And The Value Chain – Why Digital Platforms Matter

Gravity Supply Chain

Real time predictive analytics ensure offshore and nearshore sourcing decisions take place with certainty. Gravity’s technology helps mitigate risk. The post Sourcing And The Value Chain – Why Digital Platforms Matter appeared first on Gravity Supply Chain.

2020 Freight Shipping Outlook: Advanced Technologies in Freight Shipping on the Rise

Freight Center

Like so many industries today, freight shipping is being transformed by advanced technologies. All these technologies share two goals: to make freight shipping more efficient and less expensive. In the world of freight-shipping technology, the concept of driverless freight-shipping trucks gets the lion’s share of the press, but it is still years away from being a major factor in freight shipping. Predictive Analytics. Getting ready to ship?

6 Questions To Ask 3rd Party Logistics Companies for 2015 and Beyond

Cerasis

With an ever-increasing pool of third-party logistics (3PL) providers to outsource shipping needs to, understanding how to select the best 3PL is the difference between reaching your existing customers and gaining a new market share. Trucking companies expanded into providing wholesome solutions for small to mid-sized businesses (SMBs), and shipping intermediaries were trying to make shippers collaborate to move existing shipments towards capacity per haul.

What Is the Impact of Big Data in the Transportation & Supply Chain Industries?

Cerasis

Better Shipping Options. . Meanwhile, Amazon is continuing to offer shipping that is free, and this fact is destroying shipping models around the country. Errors in the shipping process, including errors in delivery or pickup can result in necessary expenses to the company.

Ultimate guide to technologies that are transforming supply chains

6 River Systems

Thanks to the ability to track the location of items in real-time during shipping, companies can deliver excellent customer service by providing customers with accurate delivery estimates and real-time location information. Predictive analytics has many use cases in the supply chain.

Will Your Supply Chain Sink or Swim in the Digital Age?

OneSCM

That means materials sourcing, procurement, production, and shipping lead times are even shorter. That causes choke points during shipping and receiving and can lead to overall quality issues. Technology research firm Gartner, Inc.

The Top 5 Changes That Occur With AI in Logistics

Cerasis

The tech is fundamentally changing the way packages move around the world, from predictive analytics to autonomous vehicles and robotics. In general, the predictive analytics solutions in logistics and supply chain are on the rise.

A TMS Tale of Two Food Shippers – Which Describes Your Evolutionary State?

Supply Chain Collaborator

Specifically, the issue published two articles addressing the use and utilization of TMS platforms by food shipping organizations. Key takeaways from this piece include: Digitized data, artificial intelligence (AI), machine learning and predictive analytics support better decision-making.

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The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

To meet this increased demands, more manufacturing and logistics partners are looking for ways to shorten product lifecycles through improving inventory management systems, changing shipping strategies and altering the fundamental ways products move from point A to point B.

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Visibility: If Only I Could See

Supply Chain Shaman

The IT taxonomy for visibility is supply chain analytics. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. The team was seeking analytics to monitor process compliance.

5 Manufacturing Tech Trends You Need to Know to Prevent Risk and Boost Production

Cerasis

The Manufacturers Alliance for Productivity and Innovation predicts market use of artificial intelligence will expand 3 percent in 2017, but investments in expansion and development of artificial intelligence will grow 300 percent this year, explains Erin Remaley of Open Arc. In other words, the cost to ship products back to manufacturers for repair will be virtually eliminated. Predictive Analytics Will Be Leveraged to Reduce Risk and Boost Collaboration.

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The Impact of Big Data on Commercial Shipping

GTG Technology Group

How Big Data Could Reshape Commercial Shipping. Commercial shipping and trucking are no exceptions. Digitizing the commercial shipping industry can automate key processes, leading to an enormous potential payoff. Big Data in Today’s Shipping Economy.

The customer is king. Can you give him what he wants – before he wants it?

DELMIA Quintiq

In shipping, receivers can change a parcel’s destination and delivery time until the last minute. In retail, fully automated warehouses allow home delivery within hours of ordering – or even minutes, when predictive analytics can fill trucks with products not even ordered yet.

Want To Predict Future Healthcare Demand? Analyze These 3 Trends

AFFLINK

By 2020, the market for analytics in the healthcare industry is expected to reach nearly $20 billion , with predictive analytics alone accounting for $2.3 The problem is that it’s a completely new virus: there is no historical data to base predictions on.

Want To Predict Future Healthcare Demand? Analyze These 3 Trends

AFFLINK

By 2020, the market for analytics in the healthcare industry is expected to reach nearly $20 billion , with predictive analytics alone accounting for $2.3 The problem is that it’s a completely new virus: there is no historical data to base predictions on.

How IoT is Helping Chemical Supply Chains Increase Agility

Savi

However, shipping to an international customer base has not been a smooth process because development and upgrades to the US Gulf Coast (USGC) infrastructure have lagged behind the growth of the manufacturing base. Digital Technologies are Helping to Create Flexible Supply Chains.

10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

Cerasis

Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. Cluster and Consolidate Shipments to Create More Predictable Demand for Suppliers and Carriers. This is comparable to the Holy Trinity of Manufacturing and Shipping discussed earlier this year in previous blog posts. This does not mean shipping a product immediately.

Last Mile Delivery Logistics Demand on the Rise, But Complexity Puzzles Shippers

Cerasis

While new technologies, like drone delivery, big data analytics and the Internet of things (IoT) push the boundaries of traditional last mile delivery logistics, growing complexity continues to puzzle shippers. More consumers want faster, free delivery options from shippers.

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

Cerasis

There are many ways available to ship goods from one place to another, but with foresight, the cost of shipping can be balanced through different practices and compared against relative shipping times. Many problems in transportation supply chain can be addressed through the availability of analytics provided through a transportation management system. When transportation systems feed into a predictive analytics scheme performance will be improved across the board.

The 6 Trends Third Party Logistics Service Providers Will Drive to Empower Shipper Success in 2017

Cerasis

Take a moment to think about how these remaining six trends will impact the shipping and freight industry as a new administration takes control. However, only time will tell if Trump keeps or abandons his promises to hold the shipping and logistics industry accountable for outsourcing and reshoring efforts. Rather than allowing customers to abandon ship at the first sign of price increases, more companies are creating company-exclusive offers.

What Does the Future Hold for Big Data Applications at My Company in the Next 5 Years?

Cerasis

Predictive analytics capabilities within big data will help more organization improve production without increasing operating costs. Consequently a company can predict and react to it issue in a proactive, non-threatening manner.

Supply Chain Orchestration: 5 Ways Your Business Benefits

OneSCM

However, not all data driven supply chains are enjoying the same level of visibility, applying the same level of analytics or accomplishing the same level of efficiency gains or profitability. Every supply chain is data driven these days.

Supply Chain Orchestration: 5 Ways Your Business Benefits

OneSCM

However, not all data-driven supply chains are enjoying the same level of data visibility, applying the same level of analytics or accomplishing the same level of efficiency gains or profitability. Every supply chain is data-driven these days.