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Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. The ATA can also provide you with specific materials on the subject.
Watch our logistics software webinar , entitled ‘Logistics Software: Beyond the RFI & the RFP. In this logistics software Webinar you’ll learn how to: Define clear requirements for effective RFI and RFP processes. Are you planning to buy new logistics software in the next 12 months?
Doing so helps organizations detect market shifts and makes supply chain decisions more forward-looking than an analysis of the past, present, and at best, a tactical view of the future. Impact ESG at Decision Points – Prioritize sustainable sourcing and compliance-supportive characteristics.<br>-
From the impending “ Driver Coercion Law “, CSA Compliance, Hours of Service, and e-Logs, to name a few, some changes in these laws affect various businesses in different and unique ways. Expected Transportation Capacity Issues. Many vehicles have been reassigned to less rigorous work. Let us know in the comments below.
Supply chain professionals have been at the forefront of adopting advanced technologies associated with Operations Research, machine learning and statistical analysis. He has published numerous thought leadership articles, whitepapers, blogs and delivered dozens of webinars during his career. Nari Viswanathan is currently Sr.
In addition, this education can increase the quality of service for individual brokers’ clients and importers in compliance with customs laws and maintain a high standard of professionalism in the customs broker community. The clients will benefit from better performance and improved compliance.
The problem goes much further than that, including lacking compliance management, subpar, if any, use of transportation management systems (TMS), and failure to utilize granular shipment activity data.
In order to work, this vision will need new telematics and compliance solutions that captured data on all aspects of the network. Codify and standardize communications to enable reporting and analysis. Manage regulatory compliance. Dynamic Content. Scan product off the vehicle to eliminate delivery failures.
Each data entry is an opportunity for data capture and analysis. For example, the carrier may need to know how to handle delicate items, manage private and rented fleets, budget expenses, conduct international trade, ensure compliance to regulations, maintain safety, and make sure all KPIs align across the manufacturer-to-delivery route.
Additionally, SONAR freight data offers bulk lane analysis in a variety of ways for users to understand drastic changes in rates, volumes, rejection data and more on a week-over-week or month-over-month basis. Take a look at our on-demand webinar to hear our market experts break down the complexities of produce season.
A well-managed supply chain provides companies with the ability to execute best practices in the following areas: Demand Planning Procurement Logistics Inventory Management Information Systems Compliance Distribution Risk Management and Contingency Plans. Putting it into Action.
Even those who are fully intent on cooperating may not be confident that they are in full compliance, or which specific aspects of their operations even need to be in compliance. . Analysis with BlueGrace . Once you’re inspected and ticketed by the DOT you are more likely to get ticketed or inspected again.
KPIs and reports are also a measure of compliance and visibility in shipping processes. Through the use of fully-integrated TMS systems and analysis of data through KPIs and reports, shippers are taking hold of technology and applying it to the supply chain.
Shippers need tracing capabilities, such as order tracking, real-time visibility to shipment status, exception management, and compliance so they can manage across multiple carriers. What Kind of Reports Can I Create with My Transportation Data for Analysis? Billing Type Compliance. Least Cost Non-Compliance.
Fleet management includes maintenance, acquiring vehicles, managing drivers, tracking vehicle movements, and ensuring compliance with regulations. Leverage technology for expense tracking and analysis: Using technology makes fleet expense monitoring easier. Let’s dive in!
Compliance Will Be Easily Attained and Maintained. Visibility and compliance remain top priorities in the modernity and future of logistics, and pressure from government organizations to increase compliance and visibility will only increase. Safety Concerns Will Drive Further Use of the IoT.
However, the amount of data makes this aspect of data collection and screening impractical for manual analysis. Moreover, automated tracking helps ensure compliance measures are met as required by the CBP. Warehouse managers should thoroughly screen and assess the quality of data.
Maintaining compliance with relevant local, state, federal and international trade laws and regulations is the reason more manufacturers will turn to Blockchain technology, and by 2020 wine, 20% of manufacturers will be actively using Blockchain technology in some form.
If your existing shipping processes involve international trade, increased visibility may also be a concern for avoiding penalties, fees, and delays for violations of compliance regulations. Monitoring shipping processes for inefficiencies rests at the core of data collection and analysis. Metrics and KPIs.
By bringing together the latest information on compliance, best practice and recommendations for managing the key food safety risks in the cold chain and insights into likely future considerations, the new guide meets the industry’s need for a holistic, comprehensive and up-to-date cold chain food safety reference guide. food-safety-week/.
For example, a supplier who works more closely with a manufacturer can be attuned to how the needs of the manufacturer will change through the analysis of point of sale data that is shared from the manufacturer to the supplier. Totem 2: Trust, Compliance, and Transparency Are Crucial.
We have also now published an e-book , put out several white papers , and held several webinars. New Hours of Service Rules Explained With Compliance Date Coming July 1, 2013. What are The Elements of a SWOT Analysis? If you yourself would love to contribute your thoughts to our blog, feel free to contact us with an idea. .
So, third-party companies can provide better benchmarking, analysis and reporting of actions in your company. Author information Adam Robinson Adam Robinson oversees the overall marketing strategy for Cerasis including website development, social media and content marketing, trade show marketing, email campaigns, and webinar marketing.
As explained by Dan Goodwill via Canadian Shipper, the problem goes much further than that, including lacking compliance management, subpar, if any, use of transportation management systems (TMS, and failure to utilize granular shipment activity data.
Equally important is to monitor and assure vendor compliance. Much of this can be resolved through an analysis of claims trends across the vendor network. Managed Logistics Meets Five Challenges for Complex Supply Chain Operations Show Submenu Resources. The Logistics Blog®. Whitepaper. Case Study. BlueGrace Logistics.
As explained by John Schultz , many modern shippers are moving towards the outsourcing of big data analysis and increasing collaboration between different logistics providers to enhance payment management. Yet, a true analysis cannot possibly fathom how increases and advancements in technology will improve the truck driver shortage.
We have visibility of total inventory across the organization, and for the first time, we have customer and product profitability analysis and reporting. Ability to demonstrate regulatory compliance. We have a common terminology across the business and have issued our first set of company-wide cross-functional KPIs.
The use of AI will lead to better responsiveness by customer service representatives, and since the technology hinges on automation, order accuracy will increase, which will enable better spend analysis and cost reductions through newer, more advanced analytics, reports Medium.
Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.
Carriers and shippers had to focus on compliance with regulations, optimizing existing and new resources and dealing with the trucking driver shortage. Big data analysis and the transportation management system (TMS) were set to be paragons of improvement and perfection in 2016. and 5 a.m.
For shippers, the obvious benefit of logistics providers as 4PLs and collaboration is addressing the demand for reduced costs of shipping, concerns over the driver shortage , and the need to improve existing fleet and compliance measures to meet changes in regulatory requirements.
In addition to direct analysis of the quality and effectiveness, such systems also contribute to increasing the efficiency of operations, support management efforts aimed at compliance with service standards, fulfilment of profit, work logistics plans and asset management. Information technology makes any process smarter.
Comprehensive analytics further enable the process by giving visibility to route guide compliance and root cause analysis to drive continuous improvement.
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