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6 Steps to conduct a freight spend analysis

FreightWaves SONAR

But more analyses are a hard-sell for busy logistics managers. According to Talking Logistics with Adrian Gonzalez , “Transportation professionals are so consumed with managing immediate needs that it’s often difficult for them to step back and consider longer term strategic objectives.” Gather data for the analysis.

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The Role of Data Analytics in Supply Chain Management

3PL Links

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

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How Big Data And Analytics Are Transforming Supply Chain Management

The Logistics Academy

Supply chain management is a field where Big Data and analytics have obvious applications. Until recently, however, businesses have been less quick to implement big data analytics in supply chain management than in other areas of operation such as marketing or manufacturing.

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The Generative AI Revolution: A Glimpse Into Logistics 4.0

Trinity Logistics

As the industry pivots from Logistics 3.0 to Logistics 4.0, the role of Generative AI, a subset of artificial intelligence that can generate data like what it’s trained on, is becoming significant. Let’s follow, Alex, a seasoned logistics manager, into his journey with Generative AI in logistics.

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How Cloud-Based TMS Technology Supports Logistics Companies to Scale

Turvo

Cloud services enable businesses to grow without overhauling their systems. Thanks to freight data recording and analysis, cloud-based TMS technology can effectively adapt and scale alongside the growth of the company. As a result, users can look at data in real-time from any location, device or web browser.

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This Week in Logistics News (August 10 – 16)

Logistics Viewpoints

And with that, I bid you adieu, and let’s move on to this week’s logistics news. Department of Transportation (DOT) has added three major West Coast ports to its data-sharing supply chain platform. according to the Walmart Marketplace website. from May’s 2.24

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State of Logistics Report Released: 3PLs Continue to Foster Resilience and Drive Investments in Supply Chain

Penske Move Ahead

Global volatility has continued to disrupt supply chains, and flexibility, efficiency and resilience are vital for companies throughout the logistics sector. Overall Logistics Costs In 2022, the market swung back sharply in shippers’ favor, and supply and demand largely rebalanced across all modes of transit. of the national GDP.