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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.
Felipe Co-founder and CEO of Loadsmart , where they provide logistics solutions powered by industry experts and next-gen technology that lower costs, increase efficiency, and digitize transportation. About Felipe Capella Felipe Capella Co-founder and CEO of Loadsmart , a leading digital freight technology company.
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
Monitoring all functions and linking various activities or departments internally and externally with clients/vendors is next to impossible without a digital approach. Nearly everyone started adopting digital solutions, such as software and ERP systems, and today, these processes are just a click away.
It’s common to run into data overload throughout this process, leading to disparate systems, information silos, and the inability to navigate external challenges. The future of the supply chain industry will take the emotion out of decision-making by leveraging innovative technology to transform raw data into actionable intelligence.
Analytics for Risk Management This isn't your grandmother's dataanalysis; we're talking about sophisticated pattern recognition that makes your shipping operation smoother than a freshly waxed surfboard. And how do you pick the right carrier if you are now receiving new data of damaged packages?
Utilizing fragmented systems limits logistics companies from fully leveraging the data in their systems. Data equals dollars and the 3PLs that best harvest the data (dollars) in their systems will be the most profitable. More viable and up to date data. Opportunities can be missed due to aging and irrelevance of data.
A digitaldata warehouse is designed with the purpose of improving business decisions by allowing data consolidation, analysis, and reporting at different aggregate levels. The post Autonomous Devices for Digital Warehousing appeared first on SIPMM INSTITUTE. It provides a single, comprehensive source […].
Manufacturers and distributors want to dramatically increase their efficiency, productivity and accuracy through smart technologies, data analytics and connected services. One of the key drivers of digital transformation is giving the organization the ability to respond swiftly to changing market conditions and customer demands.
Gartner observes several trends in this market for data analytics and intelligence. One overarching theme is the convergence of analytics & BI, data science and AI. This report covers market analysis on: Supply chain specific market trends - what are supply chain organizations looking for?
Fortunately, digital technology has evolved to mitigate most of these risks, from inbound freight to return authorizations. Freight Shipping Whether you’re shipping goods to your own warehouse, a third-party logistics company (3PL), or a retailer or marketplace, look for a freight shipper that embraces digital technology.
In a prior post , I wrote about the various ways data is transforming global supply chains. Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). Inspect before entry.
Jeff Erwin, VP of manufacturing at G&J Pepsi-Cola Bottlers , has been helping to accelerate the digital transformation while aligning with the company’s goals and mission to improve its operational efficiency and meet customer requirements and regulatory compliance challenges by tracking and measuring performance.
Digital transformation is a term that is thrown around a lot, and people have different ways to interpret what it means. Essentially, digital transformation is the integration of digital technology into all areas of a business. The report takes a holistic approach to what a digital transformation means.
Nick Jensen is the Director of National Accounts at Loadsmart , a digital logistics company, that enables shippers to get quotes, book trucks, and track their freight from pickup to delivery. Companies like Loadsmart are digital freight brokers and they drive efficiency and effectiveness using their own proprietary technology.
Ensuring receipt of Certificate of Analysis (CoA) and other regulatory compliance documentation has made digitization a requirement for customer service, audit management, and compliance. By monitoring and managing the digitized transactions and documentation businesses gain valuable insight into their quality performance.
Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. 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.
They offer a Custom Content Growth Model that includes strategies such as brand and content strategy, audience research, competitive analysis, and digital content roadmap. They also serve the trucking industry by offering brand and content strategy, audience research, competitive analysis, and digital content roadmap services.
But by implementing data driven maintenance strategies these cost, performance, and environmental impacts can be greatly reduced. An intelligent data-driven approach Maintenance doesn’t have to be this arbitrary. None of this is good for sustainability.
More Resources Home The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization Eytan Buchman April 15, 2024 Dive deeper into freight data that matters Learn More The March 26th Francis Scott Key Bridge allision feels shocking. He’s obsessed with marketing, data storytelling (it’s a thing!)
Interstate Highways Showing Roadway Assets to Enhance Safety, maintenance, and Accelerate the Digital Infrastructure Movement Nationally Blyncsy, a subsidiary of Bentley Systems Inc., The data is accessible to state U.S. Blynsy Publishes Map of U.S. If found in violation, Temu could face fines of up to 6% of its global turnover.
Felipe Capella is President, COO and Co-founder of Loadsmart , a leading digital freight technology company. Savvy shippers and carriers will look for 3PL partners who can not only automate the life of the load, but also provide additional value via analysis, business intelligence, and market insights. About Felipe Capella.
Many companies are undergoing a digital transformation , switching from manual processes to automating routine tasks. Inventory Management The key starting point is implementing proper ABC analysis, and you need to look at it from multiple angles. And the foundation that holds all of this together is your master data.
The Digital Wave of International Logistics In the context of 21st-century globalization, international logistics plays a crucial role as a bridge connecting the economies and trade of various countries. Booking Processing : RPA can automatically scan and digitize booking documents in various formats and then automatically enter the data.
Digital technology in the supply chain, such as artificial intelligence and machine learning, supports end-to-end decision-making, and visibility into both network-wide supply-demand information and operational level response.
I have recently completed the latest ARC Advisory Market Analysis on Global Trade Compliance, available here. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. The digitalization of supply chains is essential for the future of Global Trade Compliance.
From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.
Even mom-and-pop stores and diners had to step up their digitalization game with the pandemic erupting. Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Digital Transformation Journey. Going Digital: Creation of the Digital Foundation.
More Resources Home October 22, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Freightos Air index data shows Middle East – N.
This year, a recurring theme that I saw was about using supply chain data to improve the customer experience across the entire value chain. Here are the ones that stood out to me, especially as it relates to supply chain data. The single data cloud runs on Snowflake, one of Blue Yonder’s partners.
As businesses face tighter regulations on product safety, sustainability, and ethical sourcing, Digital Product Passports (DPPs) are becoming crucial for navigating these challenges. DPPs provide a streamlined, digital way to document a product’s lifecycle, making it easier to ensure compliance and improve transparency.
Data is the new precious metal and it is becoming more essential than ever before. Technological leaps like blockchain, artificial intelligence and machine learning run on data. Careful and Regular Data Collection is Critical Data management is not a “set it and forget it” activity.
Most supply chain and logistics teams have recognized that the only way to combat todays incredible level of uncertainty is by adopting and applying digital tools. The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools.
quintillion bytes of data every day. For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? The retail industry is rich with data. On average, we humans generate 2.5
defenses against China’s growing control of digital information related to global shipping and cargo, warning it could undermine national security and businesses. A congressional advisory body is urging legislators to strengthen U.S.
AI-Driven Simulation Supply chains can benefit tremendously from advanced analytics like AI simulation and a digital supply chain twin. The digital twin, for example, can be subjected to numerous stress tests that mimic real-world conditions and observe how different variables interact and impact the entire network.
Traditional supply chain planning, which relies on historical data and reactive adjustments, is no longer adequate for managing these challenges. Limitations of Traditional Supply Chain Planning Traditional supply chain planning relies on retrospective analysis.
The manufacturing industry is currently undergoing a rapid digital transformation, and as a result, companies are generating vast amounts of data. Unfortunately, without proper processing and analysis, this data is of little use to the organization. This enables managers to take swift action and keep production on track.
The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. To define what exactly it is, a digital twin is a virtual replica of a physical asset, process, or system. Simulation is the most widely used benefit of a digital twin. Physical change (i.e.,
What is Machine Learning ML is the computing engine behind AI and gives computers the ability to make sense of, and learn, from data to perform specific tasks without manual interference. Nine areas where AI can help manufacturers There are several ways in which data and AI can be applied in the manufacturing industry. The Industry 4.0
Ben Buchanan is the Vice President of Account Management at Loadsmart , a digital freight brokerage that leverages cutting-edge technology and strategic partnerships to help shippers and carriers move more with less. Data insights that enable shippers to learn from not just their own data and insights — but from each other.
Ben Buchanan is the Vice President of Account Management at Loadsmart , a digital freight brokerage that leverages cutting-edge technology and strategic partnerships to help shippers and carriers move more with less. Data insights that enable shippers to learn from not just their own data and insights — but from each other.
ARC’s Industrial Digital Transformation Top 25. ARC Advisory Group, where I work, recently announced the publication of their analysis of the 25 manufacturers with the most mature digital transformations. The report takes a holistic approach to what a digital transformation means. Digital leaders learn from others.
Many companies were in the midst of digitally transforming their supply chain when the Convid-19 pandemic hits. In this part 2 article, let us continue to explore the concrete actions we can take in our Digital Supply Chain journeys. Plan and Execute for Success.
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