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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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The Generative AI Revolution: A Glimpse Into Logistics 4.0

Trinity Logistics

Let’s follow, Alex, a seasoned logistics manager, into his journey with Generative AI in logistics. Hopefully, it will help you determine how to best apply this to your business. Logistics 3.0 vs Logistics 4.0 Amid the hustle of daily logistics operations, Alex has found himself standing at a crossroads.

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Top 10 Best Logistics Practices to Ensure the Success of Your E-commerce Business

3PL Links

Image source: Needpix.com | Top 10 Best Logistics Practices to Ensure the Success of Your E-commerce Business Logistics is a vital component of any e-commerce, covering every aspect of product delivery and storage. Utilize inventory management tools to estimate demand and monitor levels.

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What is Lean Logistics? 5 Ways to Manage Lean Logistics Effectively

3PL Links

Lean management is now universally recognized as the norm for industrial businesses. What does this signify for supply chain management and logistics? Like other businesses, logistics is experiencing a rapid change in client demands. Some businesses manage their inventories using software.

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The State of the Trucking Market in 2021

GlobalTranz

United States Business Logistics Costs fell by around 4% to end up at an estimated$1.56 With driver shortages still impacting the industry and continual fluctuations with supply and demand balances, it is more important than ever for OTR managers to get on board with remote tools and digital services. As highlighted by?

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Supply Chain & Logistics Education: Ask the Professors

The Logistics Academy

Beyond just an understanding of the nuts and bolts of importing and exporting, it is important that students understand the different business practices and cultures represented along today’s global supply chains. At the same time, great opportunities exist for students who can master the practice of business logistics.