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In today’s fast-paced e-commerce landscape, last-mile delivery has emerged as a critical component of the supply chain. Utilizing advanced route optimization software, like RouteManager , is a growing trend, with 72% of global enterprises enhancing their supply chain strategies to optimize delivery operations. Start Using RouteManager!
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. Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses.
Optimized load planning is fundamental to improving your service and revenue. Efficient load planning is more critical than ever and a key performance area for any supply chain. While this sounds great, load planning can be a very manual and time-consuming process. Some may not even offer load planning tools.
Proactive planning is among the most effective weapons logistics managers have in their arsenal. It is something that needs to be practiced more often when it comes to planning and predicting freight rates. And that’s especially true when considering new carriers or using other modes of transportation. Download the White Paper.
Drayage planning is essential for global retail shipping supply lines and deals primarily with ocean imports. This is also known as first-mile shipping and planning protocol. As explained by Supply Chain Game Changer , “Drayage services are more essential than ever.
3 min read Log-hub announces a major update to its Supply Chain Apps, delivering powerful enhancements that streamline cost management, route optimization, and data-driven decision-making. These features empower supply chain professionals with greater efficiency, cost control, and accuracy. STILL CURIOUS? Explore WANT TO TALK TO US?
Is your gut feeling telling you ‘ ’My Supply Chain network fulfills customer demand, but, what-if…? ’’ You are positive your company’s network design requires some restructuring, but you don’t have the assets to convince the rest of the team? What to expect from Supply Chain Scenario Comparison? We got you!
In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.” Where freight managers go wrong with planning the transportation budget The biggest problem when planning a transportation budget is an inability to see actual versus projected costs across the network. Think about this.
I work in supply chain. If I had done due diligence, I’d have seen the warnings – the retailer had pretty pictures on their website, but their supply chain failed them, creating an eleven-month saga and unhappy customer. The issue wasn’t poor planning – they had the inventory. I should have known better.
With this release, Log-hub introduced two new features to their platform, ‘Save in Platform’ and ‘Scenario Comparison’ Additionally, they launched a new app, Freight Matrix. is tailored to the needs of supply chain professionals, bringing in a range of necessary enhancements. Try a demo The post Log-hub 3.4:
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.
Managing the manufacturing supply chain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. Supply chain constraints are impossible to avoid, but they can be planned for to reduce their impact. It is what sets manufacturing supply chain companies apart.
And that helps to create entirely new ways of viewing the supply chain to proactively hedge risk. . Understanding why rate forecasting is so vital and how accurate data and analysis can help improve predictions are essential. Smart transportation rate prediction and planning can save time, money and resources throughout the network.
Some of the most cost-effective software and methods supply chain professionals and the best freight brokers can adopt are supply chain predictive analytics programs. While still relatively new to the supply chain, analytics implementations have skyrocketed in popularity since its birth a little over 10 years ago.
Enterprise shippers are looking for ways to capture and analyze more data Making the most of available technology has always been critical for fine-tuning a supply chain. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis.
That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too. Predictive data analysis allows managers to tweak and adjust route optimization and shipping protocols to accommodate market demands.
This bi-monthly update introduces powerful new features for our flagship product, Supply Chain Apps, designed to enhance supply chain visualization, optimization, and sustainability. Map Comparisons: Comprehensive ScenarioAnalysis Log-hub 4.3 Creating Maps via API: Enhanced Supply Chain Visibility Log-hub 4.3
One of the most popular tools that drives the supply chain to new heights is the process of intermodal freight shipping. This is seen exceptionally well when looking at rail capacity and transportation rates for the modern supply chain. More than just lane choice and disruption planning get easier with predictive planning.
Thats what its like not having any visibility into your supply chain. Business Intelligence Make smarter decisions with detailed reporting and data analysis. Well help you take your operations from complicated to easy, boost visibility, and unlock your supply chains full potential.
What is demand planning? Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Why is demand planning important? Is demand planning the same as demand forecasting? What does demand planning involve?
What is demand planning? Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Why is demand planning important? Is demand planning the same as demand forecasting? What does demand planning involve?
Relying solely on manual shipping data analysis continues to yield poor results. Freight management analytics reduce confusion over what happened Problems will arise despite the best planning and preparation, but freight management analytics can help reduce their frequency and severity while making the entire process more streamlined.
Judah Levine November 15, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 6% to $1,711/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU.
Data for data’s sake lacks value, especially in the view of the supply chain. As explained by Fierce Healthcare in 2018, “consulting firm Navigant found that hospitals could save up to 18%, or $11 million a year per hospital, by reworking supply chain. Proactive supply chain management is just that – proactive.
This focus makes proper use of global trade data and analytics so vital for continued recovery and growth throughout the supply chain network. Enterprise shippers and logistics managers need to embrace global trade data and analytics to apply this valuable insight throughout the supply chain. Streamline data collection and analysis.
Data has become an integral part of the supply chain network’s daily operations and is inseparable from the modern processes that govern procedures involved in transportation. How data facilitates access, analysis and application can affect short-term and long-term actions. Request a SONAR Demo. Request a SONAR Demo.
Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations. That’s where data analytics comes in.”
Choosing a supply chain software vendor can be a long and tedious process. Supply Chain Media publishes a yearly IT Subway Map to help business leaders in their decision making process. Mapping European Supply Chain Software. The IT Software Map reflects the diversity of supply chain software types. Food Manufacturer.
This remains key to the overall success of investments within supply chain analysis. Throughout the supply chain, data-driven transportation management’s success is only as good as the data quality and integrity in use. It’s easy to get wrapped up in supply chain activities and ignore the customer experience.
It’s because enterprise shippers are turning to new intelligence tools, such as SONAR SCI , to conduct a freight spend analysis to maximize contract freight use and allocation. Thus, shippers need a way to tap those plans for meaningful improvements in shipping today. Request a SONAR Demo. Or simply click the button below.
Enterprise shippers and freight shipping managers have to plan and prepare for many processes and events that have yet to occur. Outlook and predictive planning are a big part of successful supply chain operations. Strong and more accurate freight rate predictions and planning guides. Request a SONAR Demo.
Maritime shipping remains one of the integral components of the modern shipping supply chain. The shipping and transportation supply chain remains deep in the recovery phase following the COVID-19 pandemic. Unfortunately, ocean shipments data is rarely easily accessible or available for analysis by enterprise shippers.
7 min read In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.
7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.
Right now, global demand-supply matching technology imparts a surprising competitive advantage for carriers and transporters. Agile freight management is another go-to supply chain execution strategy Throughout 2020 the value of adaptability and flexibility within logistics was proven. Request a SONAR Demo.
Choosing a supply chain software vendor can be a long and tedious process. Supply Chain Media publishes a yearly IT Subway Map to help business leaders in their decision making process. Mapping European Supply Chain Software. The IT Software Map reflects the diversity of supply chain software types. Food Manufacturer.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Salvage crews have already started working to clear the wreckage from last week’s bridge collapse in Baltimore. Europe – N. America weekly prices fell 2% to $2.01/kg.
Smart and practical trucking data is critical for the modern supply chain network. Knowing carrier variability and what specific services they provide will improve truckload services and make it easier to utilize assets throughout the supply chain. . Money – the money put into the supply chain cannot be greater than profitability.
In this four-part blog series we look at the impact COVID-19 has had on supply chains and how inventory optimization software can help. In this post we focus on inventory planning and how to optimize stock levels despite erratic customer behavior and supply restrictions. However, ABC analysis is quickly out-of-date.
This must always remain the focus of the entire supply chain. When managers have inaccurate or outdated data, it is like trying to plan for the weather using a week-old forecast. The best and only successful way to overcome flawed data analysis is to use effective technology. Request a SONAR Demo.
Freight management teams spend many resources responding to delays, issues, customer needs, data and marketing trends and shifting conditions with supply and demand. Thus, shipping managers and providers need to know a few things about why descriptive analytics are essential to all modern supply chains. Imagine this scenario.
So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supply chain. Inventory control is the process of managing and regulating the supply, storage and distribution of stock.
With the increasing demand for reliable and efficient transportation of medical supplies, specimens, and equipment, there is plenty of opportunity for growth in this field. The Increasing Demand for Medical Couriers Required Qualifications and Skills How Do You Start a Medical Supply Delivery Business? Create a business plan 3.
The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them.
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