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He is responsible for driving strategy, customer engagement, and industry analysis. He leads a team of market experts who study every facet of the logistics industry to bring the best available insight to customers. About Ken Adamo Ken Adamo serves as the Chief of Analytics at DAT Freight & Analytics.
For this, we based our analysis on four business productivity pillars: collaboration, ability to work from anywhere, multi-device support (desktop, tablet, and smartphone), and service availability. In this article, we will discuss three cloud solutions logistics companies are using to increase productivity.
Their Custom Content Framework, which has generated millions of dollars in revenue for their clients, is now available to all businesses. Their Custom Content Framework has generated millions of dollars in revenue for clients and is now available to new customers.
This article will cover fully automated warehouse systems, including how they function, available types of automation, and the technologies behind them. We will also discuss when to implement them, how to overcome challenges, and how to conduct a cost analysis. Read on to see if automation is right for you.
The DAT iQ platform offers streamlined data, high-level and granular reporting, and versatile analysis capabilities that enable shippers to optimize their networks, enhance supply chain resilience, and improve operational agility to adapt to dynamic market conditions.
Freight Rate Volatility Economic slowdowns lead to heightened competition among shipping lines, with companies bidding for a smaller pool of available cargo. The post Analysis: Today’s Global Economy vs. Global Container Shipping appeared first on More Than Shipping. Source: Company Reports, Linerlytica 2.
For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.
Krenar Komoni is the Founder and CEO of Tive , a company that is re-imagining supply chain visibility with sensor-driven awareness and analysis tools of in-transit goods, from start to finish. Key Takeaways: The Tive Story. In the podcast interview, Krenar and Joe discuss Krenar’s life, career, and his entrepreneurial journey at Tive.
There is plenty of evidence to suggest that demand for shipping space is beginning to exceed that which is available. The average spot rates and contract rates are continuing to rise according to Alan Murphy of Sea-Intelligence Maritime Analysis. The post Analysis on 2021 Container Shipping Delays appeared first on ShipLilly.
Pickett Research (PR) was established in 2020 to fill a void in the US Truckload Freight Marketplace for analysis, forecasting, and market guidance that is both objective and credible. He earned a B.S. in Industrial & Systems Engineering from Virginia Tech, an M.Eng. in Logistics from MIT, and an MBA from Georgia Tech.
About Pickett Research Pickett Research was established in 2020 to fill a void in the US Truckload Freight Marketplace for analysis, forecasting, and market guidance that is both objective and credible. To learn more about the company, offerings, and careers, visit flockfreight.com.
Driver availability in the delivery, transportation and logistics sectors has become a critical issue with widespread ramifications for businesses and consumers alike. Current State of Driver Availability Statistics The trucking industry, which is pivotal to the economy, is grappling with an unprecedented shortage of drivers.
We can safely say that there are a lot of factors that go into the supply chain game such as rail connections and drayage availability. The post Analysis: Should You Redirect Your Cargo and If So, Where? Soon after, those two ports were congested worse than the ports they were trying to help. Nowadays, almost all of the U.S.
This issue causes imbalances in container availability in different regions. Businesses may face detention costs if containers are not quickly available at desired locations. Containers often accumulate in regions with higher import volumes, while a lack of containers may occur in regions with higher export volumes.
Suddenly, finding available truckers became impossible all over the U.S. We are all trying to get the best rates and availability as much as possible. The post Analysis: Why Shipping Rates Have Spiked and When Might Rates Come Down appeared first on More Than Shipping.
This comes with greater competition for available shipping space, particularly during peak seasons. As the demand for fewer available container spaces rises, freight rates increase, and results in the increased costs of moving goods.
When selecting a location consider the rent, utility costs, access to expressways, labor availability, labor costs, labor demographics, infrastructure, public safety, building layout including docks, and warehouse vs office space. Elements of a successful distribution strategy.
Our team is also available for advisory boards, leadership recruitment, and corporate speaking engagements. Whether you’re a small, local business or a multinational corporation, we can help you reach new levels of success. Key Takeaways: Solving The Port Problem. Learn More About Solving The Port Problem. Lauren Beagen LinkedIn.
However, despite the importance of logistics and transportation precision, companies face persistent obstacles, with a lack of fleet visibility and limited driver availability cited as major factors hampering delivery accuracy. Alarmingly, 46% of respondents were uncertain of the total financial impact of accidents on their businesses.
Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility. Inventory turnover: Inventory turns for each SKU.
At KataCon 2020, Steve Medland posed a problem that comes up fairly often: The default Toyota Kata process analysis (“grasp the current condition”) involves determining takt times and cycle times for the process, and a lot of processes don’t have an obvious repeating cadence. How much time do we have?
Immigration policy proposals suggest stricter controls, which could reduce the available labor pool in industries such as physical security, commercial cleaning, pest control and landscaping. Impact of Policy Proposals: An Industry-Specific Analysis 1. economy rather than keeping them in foreign accounts.
Read on for an analysis of whats needed, and whats available, to meet these goals. As measuring performance shifts from profit alone to profit, planet and people, companies are assembling teams, assessing resources and determining what help will be needed to achieve sustainability and compliance goals.
The specific focus of this article, is on traditional Third Party Logistics (3PL) contracts and the types of pricing mechanisms available for use within warehousing contracts, and does not cover other very important aspects such as: Planning and management of the selection process. Contract negotiation.
It was released today on day one of the Advanced Clean Transportation (ACT) Expo in Las Vegas, and is available to download at no cost by clicking here. The annual analysis gathers real-world data directly from early adopter fleets across the U.S. It was created by clean technology consulting firm, GNA, a TRC company.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Some minimal congestion – caused by the three day strike at the beginning of the month – remains at US East Coast and Gulf ports though operations have mostly recovered.
The company’s VuDrive dual-camera offers camera-based driver monitoring, road risk analysis, video recording and cloud services. Jungo CEO and co-founder Ophir Herbst said product availability is based on affordable hardware and subscription services as well as enabling AI video telematics at scale.
A cloud-based data warehouse enables organizations to perform complex queries and act on insights as they become available, therefore making quicker and more informed decisions. Predictive Analytics for Proactive Decisions By utilizing historical data analysis and trends, companies can forecast future needs and challenges.
Pulling data takes time and then you must format it for analysis and check for errors. Analysis is limited. this causes delays that reduce the time available for analysis. Easily produce period-on-period analysis reports (e.g., It is slow. Stale data. You will need to go back to the data source and start again.
Krenar Komoni is the Founder and CEO of Tive , a company that is re-imagining supply chain visibility with sensor-driven awareness and analysis tools of in-transit goods, from start to finish. Key Takeaways: The Tive Story. In the podcast interview, Krenar and Joe discuss Krenar’s life, career, and his entrepreneurial journey at Tive.
The right CRM software helps you: Optimize routes to reduce travel time and fuel costs Balance technician workloads to maximize daily stops Minimize last-minute cancellations by sending automated reminders Increase availability for emergency job requests by managing schedules efficiently while respecting client time constraints 4.
By analyzing the set of vehicles available, the human resources, and the processes required for each delivery, it becomes easier to increase efficiency, agility, savings, and safety. A lower volume of incidents means that vehicles are available for operation for longer.
I tend to use time series analysis as an anchor to my forecast, as I suspect many of you do. When data on causal factors is not readily available, it can be informative to review the behavior of certain industries or economic activity in response to disruptive events. New Factors with Limited History. Review of Prior Impactful Events.
Limitations of Traditional Supply Chain Planning Traditional supply chain planning relies on retrospective analysis. Automated inventory tracking ensures high-demand products are readily available, minimizing stockouts. Organizations examine past sales trends, apply seasonal adjustments, and make forecasts based on historical models.
For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. In procurement, cost analysis is not just about the price of your company’s purchases. Vendor Availability.
For instance, if category managers want to aim for 100% availability of tart cherry juice, they can set the target service level accordingly and allow AI to optimize inventory levels. This analysis identifies the inventory level where profitability is maximized by keeping customers happy while minimizing excess stock.
According to data from Datamyne, for the second half of 2022, if you are in Houston or in New Orleans, space/equipment/trucking/chassis availability should be quite calm – based on the numbers only. These numbers basically double the pressure on chassis, container availability, and export trucking.
Scaling up to meet additional demand is becoming harder year in year due to the lack of available staff and so automation has become a priority – 58% of firms say senior management believe technology is key to mitigating the impact of the current workforce market.
A TMS can make recommendations for you on different factors like least-cost mode analysis, freight consolidation options, and continuous move opportunities. A TMS has multiple options and breakdowns to give you the best analysis of your data. Get a free supply chain analysis to see what you need.?. at No Extra Cost??.
They’re just available more widely today because of the lowered cost of processing power, rise in cloud technology availability, and ability to push it out in more cost-effective manners. Biggest one is data analysis. Predictive Analysis A primary use case within logistics is predictive data analysis.
Pickett Research (PR) was established in 2020 to fill a void in the US Truckload Freight Marketplace for analysis, forecasting, and market guidance that is both objective and credible. He earned a B.S. in Industrial & Systems Engineering from Virginia Tech, an M.Eng. in Logistics from MIT, and an MBA from Georgia Tech.
While traditional software license models are still available from some WMS vendors, the overwhelming trend is for Cloud delivery and subscription-based pricing, so we will focus on that here. But that analysis must be married with expected benefits to fully understand the value each WMS vendor will bring.
Enterprise shippers are looking for ways to capture and analyze more data Making the most of available technology has always been critical for fine-tuning a supply chain. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis.
Container Availability Port congestion impacts on the availability of containers as well. Furthermore, the port operation cycle may contribute to higher fuel consumption since ships will be stationary in queues, thereby increasing the overall costs.
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