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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 was named a Pro to Know in 2021 by Supply and Demand Chain Executive. Ken is the Chief of Analytics at DAT Freight & Analytics.
Supply chain practitioners seeking the best way to speed decision intelligence, unify supply chain data, and increase operational efficiency can benefit from a supply chain data gateway. Here are 10 ways a supply chain data gateway can improve your performance across the end-to-end supply chain.
Supply chain practitioners seeking the best way to speed decision intelligence, unify supply chain data, and increase operational efficiency can benefit from a supply chain data gateway. Here are 10 ways a supply chain data gateway can improve your performance across the end-to-end supply chain.
Here are some great virtual logistics events that can help you stay up to date, engaged, and actively learning during each quarter. Q1 logistics conferences With the start of the new year, it’s time to start thinking about the National Retail Federation (NRF) logistics events too, but that’s not all there is to do. Register Here.
Speaker: Dr. Ken Fordyce, Solutions Director, Supply Chain and Advanced Analytics at Arkieva
Risk management is defined as anticipating and responding to an event not yet part of the plan of record that requires a significant adjustment in your demand-supply network (DSN). Creating a successful plan demands a thoughtful combination of data science and computational models to anticipate structural weak points. See you there!
Executives at Blue Yonder refer to this as a “cliff event.” To avoid a cliff event, Blue Yonder has proceeded by turning its supply chain applications into applications that are part traditional software code and part microservices. Microservices also open new sales opportunities.
Borderless Coverage was acquired by Reliance Partners in February 2021. solution combines aggregated market data and customer data with advanced machine learning techniques to deliver short-term predictive freight market pricing specific to a company’s individual buy and sell behavior. Mark earned a B.S., The Greenscreens.ai
He is a frequent speaker at industry events and has contributed to publications including WSJ, Freightwaves, Inbound Logistics, Logistics Management, DC Velocity, Transport Topics, and Bloomberg. It achieved Tech Unicorn Status in June 2021 and raised $420M in Series F Funding led by Goldman Sachs, Thoma Bravo, and TPG.
When it comes to major issues, industry events, and new developments, TT journalists get the story first and get it right, keeping readers informed about all aspects of the trucking industry and helping them stay ready for what’s to come. Clevenger, currently based in Alexandria, Va., is a native of northwest Ohio.
Each presentation was exceptional, and the event viewed ESG from a holistic but pragmatic perspective. The Uyghur Forced Labor Prevention Act (UFLPA), signed into law on December 23, 2021, aims to prevent goods made with forced labor from entering the U.S.
Enter the industrial data scientist, a new breed of data analyst with access to more industrial data than ever before and the advanced technology to translate that information into actionable intelligence. However, leveraging AI requires data science capability, which adds additional complexity to an already complex environment.
The theory is that as more and more devices throughout the supply chain and manufacturing process become part of the ‘Internet of Things,’ they will produce an incredibly rich data stream that will send signals in real-time to trigger a wide variety of events. Artificial Intelligence (AI)/Machine Learning (ML) Platforms.
Most recently, he won the 2021 Minnesota State Bench Press championships. Winning business is a one-time occurrence, not repetitive events. You have plenty of sales activity data, but not metrics to drive revenue. About Sales Architects. Every sales opportunity comes down to a price war. Key Takeaways: Sell Different.
So, I want to take this opportunity to reflect on the top 15 most popular logistics stories from 2021 and see what our readers found to be the most interesting. Data from the U.S. year-on-year in 2020 with a 39% increase in Q1 2021. 2021 Supply Chain Technology Trends to Watch ; Steve Banker, Chris Cunnane, and Clint Reiser.
With 2021 just around the corner, shipping businesses should make sure they stay ahead of the curve by considering five possible technology moves to implement. Shipping businesses gather a great deal of data each time they deal with a supplier or customer. Often, the data collected merely sits unused.
CET) on 12th August 2021, Guarding Profitability Through Disruption: The Retailer’s Guide is being delivered in collaboration with Louisa Hosegood, of global supply chain consultancy Bis Henderson, who formerly held senior logistic roles within Marks and Spencer and John Lewis. Scheduled for 14.00 BST (15.00
The theory is that as more and more devices throughout the supply chain and manufacturing process become part of the ‘Internet of Things,’ they will produce an incredibly rich data stream that will send signals in real-time to trigger a wide variety of events. Artificial Intelligence (AI)/Machine Learning (ML) Platforms.
The early Black Friday deals coincided with Amazon’s beauty products event, called “Holiday Beauty Haul.”. On top of the seasonal workers to sort and deliver packages, FedEx is also hiring about 500 people to fill positions in IT and data science. The post The 2021 Holiday Logistics Guide appeared first on Logistics Viewpoints.
PAXAFE predicts adverse events through the supply chain to de-risk B2B shipments and enable intelligent cargo insurance. CONTXT enables shippers, 3PLs / carriers and insurance providers the ability to intercept at-risk shipments, automate claim diagnosis and root cause analysis, and improve loss ratios via improved underwriting.
Here are the supply chain priorities on my 2021 agenda. The Covid-19 pandemic has served as a pivotal event in this, accelerating our need for digital readiness, resilience, and agility. Six Supply Chain Priorities for 2021. I believe the future supply chains can be broken down into six key supply chain priorities.
Courney is a Strategic Event Executive and the Chief Corporate Development Officer and President of Manifest at Connectiv, a live event studio based in NYC. Connectiv produces world-class industry leading events that focus on disruptive technology. We are a private live event studio. Anyway, it was a great event.
After such a hectic and transformative year for the supply chain, 2021 is finally around the corner—here are the biggest trends to keep an eye on going forward. In a landscape altered by such a global event, which is still actively impacting the running of supply chains today, the changes are going to continue going into next year.
According to data from supply chain visibility tech provider Project44, Florida will see a decline in truckload performance due to the damage and flooding, but rates leading up to Milton’s landfall were stable. “We Now those trucks are not where they thought they were going to be, so now we have to find other trucks there.
AMSTERDAM – July 21, 2021 – To facilitate implementation of its just-in-time (JIT) port call standards, DCSA has released interface standards and messaging API (application programming interface) specifications for the first 18 event timestamps defined in its JIT port call data definitions.
The grocer loses a valuable interaction with the customer and may even lose customer data. Find us at the 2021 Groceryshop Expo in Las Vegas from Sept. 19-22 and check out our event on the booming grocery delivery market with Grocery Dive on Sept. The Logistics of Logistics Podcast.
If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Your organization’s ability to anticipate disruption, adapt to events, and build resiliency is rooted in how you maintain operational continuity.
2021 came with a new set of challenges as global and local supply chains were hit by raw materials shortages, accompanied by longer lead times and higher shipping costs, lack of labor, and the pent-up demand actualizing as record-breaking sales. We can say things have changed, and the pandemic is not just an anomaly event after all.
At that time, I wrote about the COVID pandemic, and how similar events occur that elevate the uncertainty of the market. These events make accurate forecasting very difficult. Review of Prior Impactful Events. Well, here we are just two years later in another highly unusual market context. Final Word.
The GlobalTranz Agent Conference is a power-packed event, and you’ll leave better informed, better connected, and better equipped to take your business to the next level. We recommend completing the system test before the event to ensure you have the best virtual conference experience. Register for the conference today!
This article shares details on the Truck Tonnage Index, how the data reflects the overall economy, and other ways to interpret the data. Data Collection. The index is updated every month but experiences a one-month lag between data compilation and reporting. The tonnage index for July 2021 was 109.8,
Major weather storms have been prevalent throughout the years and 2021 is no exception – the major winter storm that swept the nation in February, multiple hurricanes with the latest, Hurricane Ida, ravaging the Gulf Coast. Major weather events hamper transportation markets from both the demand and supply sides of the market.
Considering this surge in digital transformation and the changing needs of 2021, here are some insights and tips for embarking on Supply Chain Digital Transformation projects. Supply chain planning involves interaction with different types of information based on internal and external data sources. Having accurate stock-out data.
Severe weather events are the new normal. Severe weather events are becoming more intense and commonplace, causing supply chains to struggle. CASES OF SUPPLY CHAIN DISRUPTION FROM RECENT SEVERE WEATHER Climate change has led to an increase in severe weather events. Can the logistics industry handle more supply chain disruption?
E-commerce delivery experience platform Parcel Perform has unveiled new logistics insights based on parcel tracking volumes around 2021’s peak e-commerce season for the US and Europe. In Europe, there was 70% parcel volume growth in 2021, a significant dip from 94% experienced in 2020.
That processing event determines when the goods need to be delivered to the next stop. It was quickly determined that a procurement event was necessary just to set a baseline. Procurement ran a request for proposal event. An RFP is a data intensive exercise. This made the data analysis easier.
It was priced at $12 a year for some time, though the company increased its pricing to $18 in December 2021. CargoNet recorded 1,778 supply chain risk events across the United States and Canada in 2022, an increase of 15 percent from 2021. They estimate $223 million in cargo was stolen across all theft events in 2022.
Data as recent as the end of June 2021 show that inventories remain below 1.3 In a subsequent Whitehouse.gov blog post, titled ” Historical Parallels to Today’s Inflationary Episode ” the authors’ conclusion stated, “ No single historical episode is a perfect template for current events. I question if this is a data anomaly.
Preparedness, communication key to mitigating the effects of a weather event on fleets and maximizing opportunity. Sep 9, 2021. Data from Truckstop.com and FTR Transportation Intelligence for the week ending Sept. CCJ Digital. Jason Cannon, CCJ Chief Editor. Hurricanes surprise very few people.
While getting personal protection equipment was difficult, 2021 was an even more challenging time for the supply chain team. But in 2021, “all of a sudden there were just completely random shortages that occurred with no warning.” Buying organizations use this technology to monitor and analyze supplier risk events in real-time.
Transporeon has kicked off its largest event and convention for the audience of carriers, 3PL and 4PL operators and forwarders. The agenda revolves around three main themes that are business critical in an increasingly connected world and changing business environment: smart data network services, connectivity, and real-time insights.
People buying tickets online for concerts, sporting events and other live events in Minnesota will be guaranteed more transparency and protection under a new bill signed into law Tuesday by Gov. The law will apply to tickets purchased in Minnesota or other states for concerts or other live events held in Minnesota.
This included cooperating on policy matters affecting the industry such as the PPWR and working together to source high quality data to inform better decision making for the business. per cent on 2021. The post Collaboration and Data Key to Timber Industry appeared first on Logistics Business® Magazine. This follows the 8.3
With sky high rates, space and equipment issues and other unexpected events, we are about to close out 2021 which will go down in the history of shipping as one of the most chaotic, challenging, and troubling years ever. Surviving 2021 in the supply chain world itself is considered a success for many.
With the events of 2021, including the attack on the Colonial Pipeline earlier this year, the importance of supply chain cybersecurity is among the most in-demand factors driving adoption of third-party systems and resources in logistics. Download the Report: 2021 Peak Shipping Season Survey. Download Report.
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