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Data is a big buzzword across industries, but how about when it comes to logistics? William shares how they transform data into critical actionable information that optimizes and powers operations throughout businesses. Beyond The Data with William Sandoval. How is it going, William? They want action.
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.
It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.
Speaker: Laura Garcia, Sr. Editor at Supply Chain Digital and Procurement Magazines
During this webinar, we’ll discuss how to take an objectives-first approach and demystify some of today’s hottest tech such as IoT, AI, and Big Data and show you how they can help build resiliency, unearth competitive advantages and optimize bottom-line results by: Fostering innovation. Improving service levels.
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. Many companies are still unaware of how to go about exploiting AI. Shipping businesses gather a great deal of data each time they deal with a supplier or customer.
Before we jump into how to reduce your transportation costs, it’s essential to understand what factors are causing them to rise. Demand is far exceeding supply, and this trend is expected to continue through the rest of 2021. GET DATA-DRIVEN INSIGHTS. Data has quickly become one of the world’s most valuable resources.
2021 will be remembered as an unprecedented year of supply chain disruption and market volatility creating a host of challenges for shippers and carriers alike. Without further ado, here are GlobalTranz’s top posts of 2021: #1. The State of the Trucking Market in 2021. 5 Transportation Management Optimization Practices.
After mergers and consolidations, only 9 remain in 2021. When needed, shippers should consider partnering with a logistics provider that can give data-driven market insights to drive smarter solutions for their business. But these issues aren’t a product of the pandemic alone. In 2015, there were roughly 17 global ocean carriers.
Speaker: Dr. Ken Fordyce, Solutions Director, Supply Chain and Advanced Analytics at Arkieva
Creating a successful plan demands a thoughtful combination of data science and computational models to anticipate structural weak points. How to avoid data-driven disasters. What structural data quality is and why it limits rapid intelligent response (RIR). Wednesday, July 14th, 2021 at 11AM PDT, 2PM EDT, 6PM GMT
As we enter the 2021 holiday season, it is clear now that businesses are struggling more and more every day to fulfill orders from U.S. As we approach the end of 2021, many of the current issues seem to have no easy solution in the immediate future. Based on the data, the normal rate level is at -69% from the current rate levels.
USDA Data Points to Capacity Shortage After Capacity Shortage Through Produce Season. Meanwhile, the US pounds moving across truck shipments of fresh fruits and vegetables are outpacing imported produce at 280,000 pounds as of May 23, 2021. That means it’s time to start applying data to find capacity wherever it lies.
Have you planned for automation in your 2021 budget? Here are a few processes we’ve identified that contribute to an organization’s latency: Re-keying data from documents into systems. Document Automation — Many companies rely on employees to do data entry, document processing, shipment tracking, and invoicing.
Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. How to track trends developing in long-term pricing agreements. Capture pricing data for LTL freight.
Real-time data is critical to the supply chain’s smooth operations day in and day out. Faster communication with automated messaging and data sharing. Data collection and analysis can be accurately applied to the network. Document recording, sharing, and filing options streamline data processing.
Our presenters and panelists will share up-to-date industry data, insights, and valuable perspectives on emerging trends in logistics and technology that you do not want to miss. The post How To Get The Most Out Of The 2021 GlobalTranz Agent Conference appeared first on GlobalTranz Enterprises, LLC.
Freight Budgeting for 2021 is going to be very different from the traditional budgeting done in previous years. Budgeting for 2021 will need mapping existing resources with strategy and a shift from the traditional inputs and standard approaches. Streamlining the freight budget process.
By building machine learning models that properly diagnose and label excursions, PAXAFE is uniquely positioned to leverage more granular, contextual data to accurately identify when, where and under which conditions future adverse events are likely to occur. Learn More About How to Predict and Prevent Freight Damage. Ilya Preston.
2021 was a difficult year in global logistics due to ongoing volatility. Utilize data and technology. Although this past year has rendered a lot of unique situations and 2022 may do the same, historical data can still help us find solutions. Seek creative solutions across the entire supply chain.
According to the American Trucking Association, the industry faced a shortage of over 80,000 drivers in 2021, projected to grow to 160,000 by 2030 if current trends continue. Businesses can gain access to real-time GPS data alongside our powerful routing optimization platform. Wages and Employment for Truck Drivers.
Are you ready for the Commercial Vehicle Safety Alliance’s (CVSA) 2021 International Roadcheck? Continue reading below to find out how to get through these crucial 72 hours without any problems. What is the CVSA 2021 International Roadcheck? Tips on How to Be Prepared For the 2021 International Roadcheck.
The dynamic load factors –defined as how close to capacity an aircraft is when considering freight volume and weight in significant trade lanes –have been comparatively high since September of 2021. According to Clive Data Services, Dynamic Load Factor was lower than anticipated in October, and capacity was almost flat.
Topic: Prepping for Peak: How to Level-up your CX Strategy this holiday season. Longer lead times, complex handoffs between logistics providers, data flow between disparate systems…requires a new way of thinking for efficient inventory moves from origin to the final customer efficiently. Description: .
As 2021 begins, new growth and adjustments need freight managers’ attention to start the recovery process. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Data will ensure smooth operations and successful executions at every point along the supply chain.
If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! It is a practice that can help you boost performance significantly by showing you how it compares with that of your competitors and peers. How to Benchmark Your Supply Chain With KPIs.
The only realistic way to achieve that is to commit to sharing data with all tier 1 suppliers in your ecosystem, along with your logistics partners, and your customers. Exchanging data with other organisations requires a level of trust that can only be achieved through active relationship-building. Collaboration.
Read also: How to Calculate the Cost of Transport 2. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%. Read also: What Makes Every Delivery More Efficient Than the Last How to reduce delivery costs of last-mile?
E-commerce sales have continued to soar in 2021. The National Retail Federation projects 2021 non-store and online sales will grow 18-23 percent to $1.09-1.13 Prioritize peak season prep with parcel shipping data. trillion , and many retailers should expect significantly more e-commerce orders during peak season.
So, partnering with Honeywell, FarEye is holding a webinar entitled How to Navigate the New Logistics Landscape on 26th January at 3.00pm GMT with an expert panel who will bring you up to speed on transport and logistics in 2022. Howdata can be leveraged to improve delivery. In 2021, eCommerce transactions increased by 30%.
The Commercial Vehicle Safety Alliance (CSVA) International Roadcheck is set for May 4-6, 2021. To reduce the risk of supply chain disruption , shippers need to know what it means for their operation going into the start of May and how to use the right services to find available capacity before the CVSA roadcheck storm arrives.
The real story with rates is that there will be a volume backlog that will persist through the first quarter of 2021, and while short-term corrections will occur, the overall trend will be a decline in rates. Capacity is expected to remain fairly tight through much of 2021. Rates will swing in tandem with the market influences.
This is crucial when evaluating which campaigns are performing successfully or how to adjust your spending on future campaigns. Tools like Google Tag Manager make this more manageable and help to ensure that you know exactly how a visitor landed on your page. Competitor Campaigns and Data. Creating Remarketing Campaigns.
As an extension of Meili Robots ’ warehouse robots guide and warehouse automation guide , the company will now share nine tips that managers must keep in mind in order to run a successful warehouse in 2021. from 2021 to 2028. 1 – Maximise Operating Space. 6 – Manage Your Labour and Processes.
With many signs pointing to another banner year for E-Commerce in 2021 (eMarketer is predicting 14.3% A seller of consumer electronics, for instance, needs a process for refurbishing returned items, wiping them clean of any personal data, and then reselling them on the market.
In this article, we show you the biggest warehouse automation trends in 2021 that could change your warehouse operations. For each of the trends, you’ll learn: What it is and how it works. For example, they can show you how to stock, receive, navigate, ship, and even how to lift goods - all without taking your eyes off your work.
Logistics Programs For Produce Season Read more about what challenges the 2021 produce season creates for shippers and how an inbound logistics program can help. Warehouse operators are raising their 2021 rent forecast to 6.5% The post How To Survive The Decline in Warehousing Capacity appeared first on BlueGrace Logistics.
Robinson’s own technology and data from the largest network in the freight industry, our partnerships with research firms and universities help our customers stay on top of the trends that influence their supply chains. If you see Class 8 truck manufacturing data, in trade press or elsewhere, remember, it isn’t all highway tractors.
1, 2021 through Jan. Want to know how much is being charged and who is exempt from these fees, click here. The data is in for this week and there doesn’t seem to be much consistency to the trends with some stats increasing while others decrease. To find out how to get one of the 6 ELD models certified for use, click here.
In the Fictiv 2021 State of Manufacturing Report 95% of industry leaders acknowledged that digital transformation is necessary for their company’s development and success. However, many manufacturers and distributors don’t know where to start and how to structure their approach to embark on the journey to digital transformation.
May air cargo volumes rise amid global disruption Freight market pressured again in May, Cass data shows General Motors (GM) is accelerating sustainability efforts in its supply chain, focusing on logistics, materials, packaging, and supplier engagement. export-controls laws following a 2021 settlement. percent year over year (y/y).
Fluctuating demand and supply volatility have made accurate demand forecasting even more challenging for two reasons: Using last year’s sales data as a base for forecasts is a ‘no go’, as demand fluctuations due to the pandemic skew the data. How to overcome demand forecasting challenges. Use appropriate historical data.
Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.
Neil Adcock, Managing Director at Bis Henderson Consulting , reveals how to unlock the value hidden in returns data. between 2020 and 2021. To determine the appropriate returns strategy retailers need to understand what is going on and tapping into returns data may unlock some important insights. Getting hold of the data.
An updated and modernized freight tech stack will make a recovery possible in 2021. Apply big data through advanced analytics to understand current load rates, including predictive modeling of future rates. Big data remains essential now during this recovery phase aimed at improving carrier operations. Employee hours worked.
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