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He is responsible for driving strategy, customer engagement, and industry analysis. Real-time Market Insights: DAT provides real-time data on spot market rates, capacity availability, and lane-specific trends, enabling informed decision-making. About Ken Adamo Ken Adamo serves as the Chief of Analytics at DAT Freight & Analytics.
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. Don’t Confuse the Tool with the Goal.
She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools. The platform offers a wide range of features and tools to help shippers find available carriers and carriers find available loads.
Anthony transitioned to a Corporate Economist & Consultant, advising CXO leaders and Fortune 500 companies on economic analysis, industry trends, and internal strategy. He led analysis around M&A, pricing sensitivity, competitive intelligence, and annual sales forecast for the executive team.
Flatbed Messenger eliminates empty miles by matching Home Depot’s dedicated capacity to Loadsmart shippers who need flatbed services. Enterprise brands looking to reduce empty miles from their dedicated/private flatbed capacity can reach out directly to flatbedmessenger@loadsmart.com for more information.
From digital freight brokerage and consultancy to software tools, they empower shippers, carriers, and warehouses to move more with less—increasing efficiency, reducing costs, and enhancing service quality. Rate Analysis and Benchmarking: Loadsmart helps clients compare freight rates.
Fleet Overcapacity The container shipping industry has experienced significant growth in recent years, leading to an increase in vessel capacity. However, the economic slowdown has left many shipping companies with excess capacity, exacerbating the problem of overcapacity in the industry.
In the logistics and shipping industry, capacity refers to the amount of space secured on trucks and other vehicles to carry shipment loads. This generally gets referred to as trucking capacity, and it remains one of the most critical aspects of dealing with supply chain disruptions. On normal days, this can be challenging enough.
There are different tools, goals, and market dynamics. It can move quickly from a situation where there is too much capacity in the market and buyers having the whip hand, to a situation where shippers are begging carriers to take their loads at almost any price. This made the data analysis easier.
Each of these elements more traditionally handles by outsourcing analysis of processes to supply chain consultant. As explained in a previous blog post, continuous improvement in an organization can be achieved through the use of performance measurement tools via big data. Transportation modes used in procurement and shipping.
Dr. Alexandros Skandalakis – the Director Global Manufacturing Capacity, Strategic Assets and Capital Expenditures at Philip Morris Products S.A. Once the analysis was done for Year One set up, Year Two was pretty much the same. The tool was able to create a model going out multiple years. It was predictable.
Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. Tracking shipment status is a core function of advanced shipping analytics tools. Download the White Paper.
Network Design tools that are fueled by powerful mathematical optimization in the back end, and intuitive scenario analysis capabilities at the front, empower you to create flexible plans and expose hidden risks in your network. This leads to insightful and resilient thinking. . – Tweet this.
According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. Ipsen faced transportation capacity constraints, complications at country borders, and even temporary shutdowns at their own plants. What is supply chain visibility? Agility to act on transparency.
Instantaneous freight quotes created by a dynamic pricing tool that delivers the right price with guaranteed capacity. Mode optimization has traditionally been promised, but not delivered because the analysis was completed by people who didn’t have the data or tools. Mode optimization automatically included in each quote.
Instantaneous freight quotes created by a dynamic pricing tool that delivers the right price with guaranteed capacity. Mode optimization has traditionally been promised, but not delivered because the analysis was completed by people who didn’t have the data or tools. Mode optimization automatically included in each quote.
We didn’t know how long COVID-19-related shutdowns, and the ensuing port congestion and crunch on carrier capacity, would last. It now seems that port congestion and capacity issues will persist throughout the year. A digitized supply chain can help anticipate disruptions and ultimately optimize operations.
A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.
Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.
This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. As companies look at long term estimates of demand, they need to make capacity decisions. Virtually every enterprise application vendor claims to offer a platform.
Recent research across 50+ procurement professionals found them most concerned with the impact of external factors on operations, with rising costs ( 55% ), geopolitical disruptions ( 45% ) and capacity constraints ( 38% ) at the top concerns. As the global freight market continues to evolve, so too will the tools that drive it.
Companies should evaluate it alongside cost, lead time, on-time delivery, and capacity utilization. Advanced TMS systems should provide tools to visualize these relationships, enabling managers to make strategic choices that comprehensively balance costs, efficiency, and sustainability.
Excel analysis of the new SONAR tool shows how truckload competes with rail intermodal by lane Prior to last month, SONAR data was available in two ways: by using the browser-based visualization tool or via an API connection. mile, including fuel, suggest there is available intermodal capacity in the lane.
For those who keep a close eye on freight market trends and have lived through past capacity shortages, the signals arrived early this year that the freight market would quickly tighten, and that rates would soon spike. Devastating hurricanes in Houston and Florida, and the ongoing recovery efforts that will tie up capacity.
Global trade regulations and conflicts, as well as tariff threats as a political tool, could cut off sources and markets and push your business plan into the red. Capacity constraints and transportation delays. Pricing may vary significantly based on carriers and lanes and capacity constraints. Trade disputes and tariffs.
Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk. Shortages for in-demand products abound, while shipment delays are common and production lines run at a fraction of capacity.
Supply chain network design (SCND) is a powerful tool for improving business operations. The manufacturing capacity for each plant is the same (90K units per month), and there are no maximum inventory constraints. Optimization and simulation are the two main branches of SCND. But it has gaps.
Dr. Lassen views Anaplan – their connected planning tool – as a cloud-based, business planning platform capable of doing multidimensional planning with very fast solve times. The idea that a plan is “multi-dimensional” reflects the dimensions of customer demand, capacity, and products. So, what is “connected planning?”
As data becomes a critical resource in modern organizations, business users are clamoring for tools to ease access to data for reporting and dashboards. Production EA can bring predictive analytics and mobile-friendly tools for manufacturers to ensure high quality, optimized performance and yield, and reduced costs.
FreightWaves SONAR is releasing new indices – Capacity Trend Market Scores and Capacity Trend Market Direction – to help shippers, carriers and brokers prioritize specific routes daily. Capacity Trend Market Scores Capacity Trend Market Scores are divided into two perspectives – shipper/broker and carrier.
Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. Today, logistics strategies rely on accurate and up-to-date data for everything from capacity planning to invoicing. Sometimes data analysis needs to be refocused and fine-tuned.
Capacity Constraints Continue to Arise. Capacity constraints continue to come under microscope as shippers look for a better understanding to the state of the market. Top causes of capacity constraints include: . Capacity constraints within truckload and parcel have led to spillover within the LTL market.?
By using strong management and analysis processes, supply chains can maximize value and stay competitive. And freight KPIs can serve as a valuable tool for freight market intelligence. Streamline data capture and analysis. Freight intelligence tools help management develop a more unified freight strategy.
EcoVadis’ focus is helping suppliers accelerate their journey by measuring and improving their sustainability management system, collecting and reporting their data, building capacity to ultimately drive reductions in impact. Schnieder Electric’s analysis showed that their direct emissions were 20 times less than their suppliers.
The challenge For many years, Amway had used a generic sourcing tool that only facilitated communications with the company’s carriers rather than providing access to a supplier database and a collaborative environment to conduct sourcing events. It is a good feeling to know that you have control over the negotiation process.”
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’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.
Digital freight matching is growing more valuable as a way to source meaningful capacity Companies and freight managers that have embraced digital technology and automation remain more likely to thrive. Using digital freight matching platforms is the best strategy to secure meaningful and practical capacity. Download the White Paper.
It’s a Tool for Optimizing Loads and Capacity Planning. With initial onboarding, these management systems can help optimize planning and capacity management and improve load planning, tracking , and organization. As a result, faster fulfillment and greater transparency are achieved thanks to better data analysis.
Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.
Risk events that happen in one part of the supply chain can cause a disruptive effect that is amplified multi-fold given the complex connectivity of labor, raw materials, and capacity. It is critical that supply chain design tools model real world complexity to effectively model the risks. Nari Viswanathan is currently Sr.
Knowing the following key tactics and using the proper tools will help sustain long-term savings. Using FreightWaves SONAR’s DHL Pricing Power Index (DHLPPI.USA) allows for the weekly analysis of pricing power between shippers and carriers based on the conditions of the current freight market.
Today’s warehouse environment is too complex and fast-moving to manage effectively via human cognition, as well as manual planning and analysis. Decreased steps, faster task completion, capacity smoothing, lower operational costs, and customer service gains. billion in 2022 to $3.12 What Exactly Does a WES Do? The result?
Enterprise shippers need a proactive strategy to secure capacity One of the biggest challenges that shippers face remains to secure capacity. Along with this keeping, the fleet loaded to maximum capacity is essential. Improved predictive analysis and projection with logistics automation data and insights.
In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. Key Uses of Truckload Pricing Tools. Pinpoint Market Rates.
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