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Shippers, brokers, carriers, news organizations and industry analysts rely on DAT for trends and data insights based on a database of $150 billion in annual market transactions. He is responsible for driving strategy, customer engagement, and industry analysis.
Data is a big buzzword across industries, but how about when it comes to logistics? William shares how they transform data into critical actionable information that optimizes and powers operations throughout businesses. Beyond The Data with William Sandoval. Our topic is beyond the data with my friend William Sandoval.
Loadsmart has launched FreightIntel AI: Their AI-powered platform that provides real-time data and insights. AI freight management analyzes data, provides ranked insights and recommendations. FreightIntel AI: Their AI-powered platform provides real-time data and insights.
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. pageviews a month and over 1.5B
Through the utilization of advanced machine learning techniques and big data, Greenscreens.ai Their platform not only provides highly accurate buy rates but also offers sell price suggestions based on comprehensive dataanalysis. By leveraging comprehensive dataanalysis, Greenscreens.ai Greenscreens.ai
This year, a recurring theme that I saw was about using supply chain data to improve the customer experience across the entire value chain. Throughout the conference I met with several software and hardware providers to get a glimpse into what they were showcasing. The single data cloud runs on Snowflake, one of Blue Yonder’s partners.
Given that our proprietary TMS, the Cerasis Rater , provides multiple reports, giving our shippers’ many insights, this post is quite appropriate, just like getting the data that is meaningful , in order to make the best decisions for your business possible. . Profits Need More than Benchmarking in your Transportation Cost Analysis.
So, going into 2025, I would like to focus on current congestion data, global trends and what U.S. During the TPM25 conference that MTS Logistics attended last week, carriers were very clear that they will reinstate the Red Sea route only if they are 100% sure of vessels safe passage.
Last fall after attending the CSCMP conference in Atlanta, I shared my observation that digital transformation is now a central theme in the industry. Again and again, digitization and data were at the heart of panel and networking conversations. Supply chain leaders are wanting their organizations to be data-driven.
He has won two regional Gold Medals from the American Society of Business Publication Editors for government coverage and news analysis, and was voted best for feature writing and commentary in the Trade/Newsletter category by the D.C. Chapter of the Society of Professional Journalists.
It was a strategic/tactical analysis, disconnected from day-to-day operations, and the software tools were difficult to learn and use. In short, the manufacturer realized some time ago that it was setting inventory policies based on outdated lead time and forecast data. What would this “next generation solution” be?
Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. The manufacturer has access to the distributor’s inventory data and is responsible for generating purchase orders. The distributor maintains the inventory plan.
Conferences and expos are a chance for you to hear from the industry’s top players, and most importantly, build relationships with other freight shipping professionals. Fleet Safety Conference Shaumberg, Illinois; July 13-15. The Fleet Safety Conference will have something for everyone, no matter how large or small their business.
Scale drives profitability,” Turner told a group of industry analysts on April 22 nd , the day before the Coupa Inspire user conference began. This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. Turner said.
It has become a term applied to applications that can perform tasks a human could do, like analyzing data or replying to customers online. In 1956 , “Artificial Intelligence” was officially coined by John McCarthy, Marvin Minsky, Nathaniel Rochester, and Claude Shannon at the Dartmouth Conference.
Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, EcoVadis is becoming known as the go to organization to help corporations accelerate this journey to collect upstream supplier environmental, social, and governance data.
Raja Hammoud, EVP of Products at Coupa, speaking on the main stage at Coupa Inspire Coupa recently completed its Inspire conference. This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The use cases just keep expanding.
Aera is using data crawlers to crawl across billions of rows of transactional data on a monthly basis. This is combined with data from external sources on weather, logistics lead times, and sustainability performance. These crawlers never stop working. I believe this claim.
SAP’s user conference, Sapphire, ran from June 3rd through the 5th in Orlando. The use of RF devices, in combination with the data visibility EWM would improve inventory accuracy. After doing a fit-gap analysis, they developed a global template for the rollout that allowed for small nation-specific adjustments.
With the availability of funding, many small to medium-sized companies formed and exhibited at the TPMTech conference so that they could also grab the piece of the pie. For people who are looking for live data starting with the booking process until delivery, things get more complicated since many trucking companies in the U.S.
Here is what Mr. Toornman said at the conference. “We We need problem solvers, people that can work with data from a data analytics perspective. Supply chain design software requires scenario development and analysis to an even greater degree than other supply chain planning solutions. We need people that are adaptable.
Planning applications don’t work well if the master data they rely on is not accurate; this is known as the “garbage in, garbage out” problem. Artificial intelligence is beginning to be used to update the data. Lead times, for example, are a critical form of master data for planning purposes.
The software will allow you to digitally organize inventory data, monitor and manage shipping, and tracking information, and create electronic bills of lading or invoices with ease. Big Data Will Envelope and Empower all Other Supply Chain Technology Applications. Source: SupplyChainOpz.com.
The Association for Supply Chain Management ( ASCM ) hosted its annual conference, ASCM CONNECT , on September 18 – 20 in Chicago. The supply chain team conducted an in-depth analysis of 3 key projects and determined that 61% of components are internationally sourced, and most critical components are manufactured in Asia or Europe.
Across industry events, conferences, expos and meetings, AI is the topic that everyone wants to hear more about. Predicting Service Needs : By analyzing past data, pest activity patterns and seasonal trends, AI can forecast future service demand. Artificial intelligence (AI) is seemingly everywhere.
Scorecard analysis, % to all goals, and critical path: “What KPI is holding us back from overall success? This enhances the decision-making capability of the manager by using evidence-based data the manager does not have ready access to. Performance Appraisal/Review System. Are they meeting all of their goals? What is lacking?
Department of Transportation (DOT) has added three major West Coast ports to its data-sharing supply chain platform. And with that, I bid you adieu, and let’s move on to this week’s logistics news. according to the Walmart Marketplace website. from May’s 2.24 The parties resumed talks last week but still have no deal.
Or it could be a conference presentation or webinar your prospect just delivered. . 3: Freight data. Speaking of keeping on top of trends, using freight market data is another attention grabber that is not as always evident in the list of freight broker sales tips. 5: Conferences . Download the White Paper. #4:
Which is why a drone took flight from the stage during Ryan’s keynote address at the Descartes Evolution 2017 Conference a couple of weeks ago and broadcast real-time video of the audience as it flew across the front of the hall. The limiting factor is still getting timely and accurate data. Will this include drone deliveries?
A couple of weeks ago, I attended the Descartes Evolution Global User & Partner Conference 2019. Another is that visibility enables companies to deliver an enhanced customer experience, which was the theme of this year’s conference. Customs Info in 2014, MK Data Services in 2015 and Datamyne in 2016). Keegan McCready, Sr.
Seroka, Executive Director of the Port of Los Angeles stated, “we shifted the problem from one coast to another,” on a virtual press conference on Wednesday, October 19th. According to the maritime data from the Journal of Commerce’s Port Import Export Reporting Service (PIERS), a private source, U.S.
Last week I attended the Blue Yonder ICON conference. While market pressures eased in 2023—leading to a slump in prices for metals including copper, lithium, cobalt and nickel—long-term investment is vital to avoid projected demand outpacing supply, according to the analysis from the IEA. Prices rose 0.4%
What’s key to making this work: big data visibility, flexible processes, and an agile ecosystem that can move swiftly to serve an increasingly fragmenting, but exceptionally demanding consumer base. Companies are using virtual “war rooms” and linking suppliers and teams for real time analysis of market and customer behavior change.
Continuous Improvement, Kaizen, Kaizen Blitz, Value Stream Mapping, Value Engineering and Six Sigma skills are necessary to have by both parties , IT system knowledge is imperative for dataanalysis , visibility to assets, like inventory, tracking shipments, communication, customization and integration.
With the BlueBox Systems platform, in addition to real-time tracking and analysis of air freight data, aircraft type-accurate CO2 emissions are now available. “We have received extremely good feedback on our CO2 feature at conferences in San Francisco and Athens, among others.
Supplier Day Conference to look for cost reduction through Value Analysis. Increased supplier performance: reduction in lead times and creating cost reduction as your suppliers are the experts in their respective fields. Have your suppliers implement an occasional. Reduction in “Total Cost” of the entire supply chain.
Automotive calls it Advanced Product Quality Planning (APQP), with Failure Mode and Effect Analysis (FMEA)-essentially a risk profile and its operational counterpart, a control plan. Not only has this increased the speed of supplier adoption, it also has improved the overall flow of data and communication.
The continued e-commerce boom, and a reduction in EU labour availability, has left many firms struggling to find enough warehouse operatives to meet high customer demand – but analysis by Mintsoft shows that some regions are faring worse than others. For more information about this research, CLICK HERE.
Technologies like artificial intelligence continue to enhance these capabilities to become more attractive and allow new visualizations and data collection standards. Telematics collect and transmit vehicle speed, mileage, and fuel consumption data, while GPS allows precise location tracking.
Last fall after attending the CSCMP conference in Atlanta, I shared my observation that digital transformation is now a central theme in the industry. Again and again, digitization and data were at the heart of panel and networking conversations. Supply chain leaders are wanting their organizations to be data-driven.
The full study, which is sponsored by NTT Data and Penske Logistics , is available free of charge at www.3PLStudy.com. 1 at the Council of Supply Chain Management Professionals ( CSCMP ) EDGE conference in Nashville. Among 3PL respondents, 94% said their relationships were successful, down slightly from the prior year's result of 99%.
Honda, Toyota, GM, Nissan and Fiat Chrysler Automobiles (FCA) have joined forces with 12 medium to large tier suppliers, two logistics providers and the Automotive Industry Action Group (AIAG) on a data system providing accurate visibility over returnable containers at every stage of their movement between supplier and OEM.
Likely the most well-known trade magazine, it provides data-rich material relevant across the supply chain. JOC’s Group chief content officer, Peter is a prominent thought-leader in maritime transportation and founder of one of the world’s largest shipping events – the annual TPM conference. Paid Premium. joc_updates.
After completion of its customer-centric supply chain analysis, Whirlpool knew innovation was necessary to maintain a competitive advantage. This function focuses on RFP financial analysis, the annual business plan, carrier and provider financial audit, financial reports and statement consolidation.
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