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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

In 2013 the Journal of Business Logistics published a white paper calling for “crucial” research into the possible applications of Big Data within supply chain management. Applications for analysis of unstructured data has already been found in inventory management, forecasting, and transportation logistics.

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

Penske Move Ahead

Overall Logistics Costs In 2022, the market swung back sharply in shippers’ favor, and supply and demand largely rebalanced across all modes of transit. However, costs increased, with overall United States business logistics costs rising 19.6% trillion in 2022, representing 9.1% of the national GDP. trillion, up from $1.3

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Supply Chain & Logistics Education: Ask the Professors

The Logistics Academy

Faculty members from some of the leading logistics education programs share their thoughts on how higher education is preparing tomorrow’s professionals for the challenges ahead. Q: What are the latest trends in logistics education, and how does your program address them?

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The State of the Trucking Market in 2021

GlobalTranz

Download the White Paper: Over the Road Freight Management Trends. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. United States Business Logistics Costs fell by around 4% to end up at an estimated$1.56 Access to real-time data and the ability to perform real-time analysis

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KEARNEY & CSCMP: How the Logistics Industry is Navigating the COVID Crisis

PINC

Developed by Kearney, CSCMP, and a team of industry leaders, the annual report covers the macroeconomic factors affecting logistics, insights from industry leaders, discussion of important trends, detailed analysis of each major logistics sector, and a strategic assessment of the industry. Recovery Ahead. In 2019, U.S.