Freightos

AUGUST 23, 2023

Blog " * " indicates required fields Email * More Resources Home August 23, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Price Reduction 117

Price Reduction Resource Reduction Cost Reduction Capacity 117

Freightos

OCTOBER 26, 2020

The shift to full end-to-end integration, of course, leaves no one else in the middle. The first is size , of course, with Maersk running over 17% of global ocean capacity , but also selling land-services to just under 20% of those same customers. A Maersk ocean liner generates some 2 GB a of data per day.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Price Reduction 134

WorkWave

OCTOBER 25, 2019

Data Is a Differentiator. Data in pest control? With organizations taking in more data than just what they collect from service visits themselves, the day is here. The utilization of this data is varied, but it all boils down to the same basic conclusion: thoughtful data management means happier customers.

Tools 11

Tools Data Automation Course 11

AIMMS

OCTOBER 1, 2019

Source: Gartner, Forecast Snapshot: Prescriptive Analytics Software, Worldwide, 2019. Source: Gartner, Market Guide for Supply Chain Analytics Technology, May 28, 2019. More investment in data science . While data science talent is scare, o rganizations today are also more willing to invest in these skills.

Optimal Sourcing 104

Optimal Sourcing Supply Chain Planning Software Optimization Software Modeling Software 104

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Planning applications don’t work well if the master data they rely on is not accurate; this is known as the “garbage in, garbage out” problem. But sometimes fixing the bad data problem is complicated.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 139

FreightWaves SONAR

JUNE 3, 2021

SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. The post Freight Market Data To Assist in Negotiations With Carriers appeared first on SONAR.

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

Freightos

APRIL 6, 2020

In 2019, digital freight isn’t a vision; it’s a reality. And, of course, then the potential recession started to tamper demand. Two of our big bets for 2020 are particularly relevant: For ocean freight, the Freightos Baltic Index (FBX) , the world’s only data-backed, IOSCO compliant, and most importantly, daily container index.

Logistics Network Optimization Software 104

Logistics Network Optimization Software Price Reduction eBook Supply Chain Software 104

Talking Logistics

FEBRUARY 13, 2019

When I ask shippers what they look for in a logistics or transportation management partner, technology capabilities — and the data and insights those technologies provide — is always near the top of the list. How will these trends continue to evolve in 2019 and beyond? How are they delivering value to companies?

Logistics Network Optimization Software 91

Logistics Network Optimization Software Supply Chain Software Transportation Availability 91

MTS Logistics

JUNE 17, 2022

Oil has followed a fluctuating course before the U.S. demand in data supplied by the Energy Information Administration, was about 900,000 barrels per day less than the first week of June in 2019, but it’s the second highest level ever. per gallon over the last 1.5 Federal Reserve’s interest rate decision.

Price Reduction 104

Price Reduction Logistics Cost Reduction Inbound 104

Morai Logistics

NOVEMBER 11, 2020

As important as forecasting is, it’s agility that’s gained greater attention over the course of this year. Big Data Remains Critical. One key facet is data. Data is the lifeblood of intelligence. Tied closely to big data is artificial intelligence and its subsets (such as machine learning).

Supply Chain Software 88

Supply Chain Software Supply Chains Trends Logistics Network Optimization Software 88

Logistics Viewpoints

MARCH 1, 2021

At the end of 2019 that supply chain covered 38 PMI owned factories, 28 third party manufacturers, and more than 180 markets. They gave River Logic cost, lead time, and other data on five factories, and requested they built a validated network model as soon as possible. By December 2019 the system and model were fully live.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 103

MTS Logistics

APRIL 11, 2019

And, of course, Maersk’s new instant booking tool launched in November 2018 provides shippers with a booking confirmation almost instantly after the booking request is submitted. The post Upcoming Apps Coming to the Shipping World in 2019 and Beyond appeared first on More Than Shipping. We just have to keep up with the times!

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 52

SYSPRO Smarter ERP

JULY 14, 2022

In 2019, China accounted for 28.7 Of course, the pandemic then hit global shores, not to mention the ripple effects of global trade wars. ERP comes with a number of benefits: To take advantage of dual production locations with close neighbours and leverage further collaboration, ERP can be used to integrate data across multiple sites.

Manufacturing Procurement 116

Manufacturing Procurement ERP Supply Chain Software Supply Chains 116

EazyStock

APRIL 23, 2019

And it’s of course fun and rewarding to be able to help those who are really in trouble. Poor data quality is a factor that sometimes makes customers believe that they’re not ready for automation, but in my opinion that is an excellent reason to start with automation. What do you think of the future of automation? .

Automation 49

Automation Optimization Software Eliminating Excel in Purchasing Inventory Reduction 49

Logistics Viewpoints

MARCH 21, 2021

We need problem solvers, people that can work with data from a data analytics perspective. The skills enhancement program, dubbed Strategic Capabilities Planning, will include a mix of internally supply chain programs, systems education and external APICS courses – APICS is now part of the Association for Supply Chain Management.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 126

WorkWave

OCTOBER 25, 2019

Data Is a Differentiator. Data in pest control? With organizations taking in more data than just what they collect from service visits themselves, the day is here. The utilization of this data is varied, but it all boils down to the same basic conclusion: thoughtful data management means happier customers.

Tools 40

Tools Data Automation Course 40

AIMMS

OCTOBER 1, 2019

Source: Gartner, Forecast Snapshot: Prescriptive Analytics Software, Worldwide, 2019. Prescriptive Analytics platforms , as defined by Gartner , “primarily focus on creating optimization solutions,” providing “data prep, prescriptive model building, model management and model deployment in various business processes.”

Optimal Sourcing 83

Optimal Sourcing Supply Chain Planning Software Optimization Software Modeling Software 83

Logistics Viewpoints

OCTOBER 4, 2021

Because of this architecture, E2open can access, aggregate, and anonymize the data across their customer base. They can then use the data to provide an apples-to-apples benchmark on a variety of innovative supply chain metrics applicable to the grocery supply chain. Forecasting Accuracy Was Terrible .

Inventory Reduction 113

Inventory Reduction Supply Chain Planning Software Cost Reduction Supply Chain Design Software 113

EazyStock

APRIL 23, 2019

And it’s of course fun and rewarding to be able to help those who are really in trouble. Poor data quality is a factor that sometimes makes customers believe that they’re not ready for automation, but in my opinion that is an excellent reason to start with automation. What do you think of the future of automation? .

Automation 40

Automation Optimization Software Eliminating Excel in Purchasing Inventory Reduction 40

Logistics Viewpoints

OCTOBER 10, 2022

By the end of 2019, Autoliv realized that there were new technologies and supply chain risk management providers that could promote a competitive advantage in their risk management program. Implementing the solution involved cleaning up master data and mapping their complete global supply chain. The implementation was not trivial.

Supply Chain Planning Software 117

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 117

Logistics Viewpoints

JULY 14, 2021

For example, in the US, May 2020 alone eclipsed the entire 2019 holiday shopping season and $82.5 Cloud solutions have better security and access for remote workers, and TMS customers using a cloud solution were able to transition to remote work over the course of a weekend without noticing a disruption. E-Commerce Continues to Surge.

Optimization Software 109

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 109

Logistics Bureau

MARCH 3, 2019

Of course, it would be possible to write an entire book on this particular subject, so for the sake of keeping this article relatively brief, I’ll stick to a short explanation of crucial factors to consider when planning a warehouse network (even if it is a network of one). It can go further than this, of course.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 103

Freightos

FEBRUARY 16, 2020

Tariffs of course have impacted enterprise US businesses in tangible ways including higher costs to purchase imported goods and reductions in US manufacturing. FBX data shows prices for containerized freight spiked ahead of January 2019 tariffs. . And that’s what the data is showing. So can SMBs pivot in time?

Supply Chain Software 71

Supply Chain Software Supply Chains Purchasing Skills Manufacturing Procurement 71

Logistics in War

FEBRUARY 22, 2020

The risks accepted in not beginning are, of course, high and err towards a professional negligence that ultimately costs time, resources and people at the time of a future war. Thirdly, it articulated the need to protect logistics data which is particularly vulnerable to espionage and manipulation. 1] See Eccles, H.,

Military 103

Military Resource Reduction Cost Reduction Expense Reduction 103

Airfreight Logistics

MARCH 19, 2020

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in cargo tonne kilometers (CTKs), decreased by 3.3% in January 2020, compared to the same period in 2019. Lunar New Year in 2020 was earlier than in 2019. Tough times are ahead. Africa 1.8% Africa 1.8%

Cargo 61

Cargo Capacity Trends Freight 61

GlobalTranz

JANUARY 21, 2019

Of course, the best plans depend on the actions of yesterday. So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. As a result, more retailers will look to remodeling to stay competitive with Amazon at the beginning of 2019.

Trends 61

Trends Purchasing Skills Supply Chain Software Supply Chain Planning Software 61

Airfreight Logistics

APRIL 15, 2020

Cargo thefts from supply chains in Europe, the Middle East and Africa (EMEA) more than doubled to 8,548 incidents in 2019 and involved losses of product worth well over €137 million, according to the Transported Asset Protection Association (TAPA). In 2019, the number of incidents rose 114.7% to 8,548 versus 3,981 in 2018.

Cargo 59

Cargo Manufacturing Procurement Security Supply Chains 59

Talking Logistics

OCTOBER 30, 2018

Journal of Commerce’s William Cassidy urges shippers to avoid setting their hopes too high for any relief in 2019. Cassidy writes, “After rising by double digits in 2018, US contract truckload rates could rise a more modest 5 percent on average in 2019.” Imagine how much each is saving over the course of a year!

Optimization Software 72

Optimization Software Supply Chain Software Material Savings Logistics Network Optimization Software 72

Ship Monk

OCTOBER 6, 2021

Back in the day, businesses relied on primitive computer networks to conduct electronic transactions through EDI (Electronic Data Interchange), enabling them to share invoices, order forms, and shipping confirmations. In 1994, Netscape developed SSL (Secure Socket Layers), a protocol that increased the safety of internet data transmissions.

eCommerce 98

eCommerce Logistics Network Optimization Software Modeling Software Military 98

EazyStock

DECEMBER 17, 2019

The new year is upon us, and with the end of 2019 we reach the end of the decade – and the beginning of 2020. Machine learning takes AI one step further and allows the computer to improve its algorithms based on further collected data for better results. Intro to 2020 Supply Chain Management Trends. Conclusion.

Supply Chain Software 81

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 81

WorkWave

FEBRUARY 20, 2019

Not all businesses are created equal, of course, and WorkWave wanted to understand, specifically, how those sorts of technologies are improving business processes and customer experience among a specific group–HVAC Service Providers.

Study 40

Study Digital Survey Reliability 40

Logistics Business Magazine

APRIL 24, 2019

Industry analyst Gartner has named its top 8 supply chain technology trends in 2019. For example, AI can enhance risk mitigation by analysing large sets of data, continuously identifying evolving patterns, and predicting disruptive events along with potential resolutions.”. Advanced Analytics. Autonomous Things.

Supply Chain Planning Software 32

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Logistics Network Optimization Software 32

GoShip Blog

APRIL 21, 2019

According to the World Health Organization data , 9 out of 10 people breath highly-polluted air. Of course, a complete change of packing materials can take time and investments. Although going digital seems pretty obvious in 2019, many companies still rely on paper billing and documentation. Recyclable packaging.

Waste Reduction 93

Waste Reduction Material Savings Cost Reduction Supply Chain Design Software 93

Logistics Viewpoints

JUNE 6, 2022

Transportation is, of course, a major source of green house emissions. Many shippers are now using transportation visibility solutions – like those from FourKites – that can monitor a carriers telematics data and generate post trip GHG emissions based on the actual fuel consumed.

Cost Reduction 123

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 123

Logistics at MPEPS at UPV

APRIL 26, 2023

The curriculum now covers various dimensions of logistics, including procurement, production, transportation, and distribution, with increased emphasis on technology and data analytics (Fawcett & Waller, 2014). MHL News (2019). Future of supply chain survey. Gartner Research. Logistics education matters. Rodrigue, J.

Supply Chain Design Software 52

Supply Chain Design Software Optimal Sourcing Logistics Network Optimization Software Supply Chain Software 52

Shipchain

SEPTEMBER 18, 2018

Of course, there are still other factors that must be addressed for blockchain to be genuinely commonplace, including: An explosion of talent using blockchain technologies. Delays with data validation must be eliminated to reduce latency when adding information to the supply chain blockchain. Participation must be mandatory.

Logistics Network Optimization Software 81

Logistics Network Optimization Software Tracking and Tracing Supply Chain Software Resource Reduction 81

Logistics Business Magazine

APRIL 17, 2019

The first two models, with a load carrying capacity between three and five tonnes, will be demonstrated at Ligna Hannover (27-31 May 2019). The HIT3 operating terminal is equipped with a colour display that gives drivers a clear picture of all important settings and operating data. New platform with additional equipment.

Optimization Software 28

Optimization Software Modeling Software Logistics Network Optimization Software Optimization Modeling 28