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In today’s fast-paced e-commerce landscape, last-mile delivery has emerged as a critical component of the supplychain. To address these issues, companies are adopting innovative strategies, including dynamic route optimization, real-time tracking, and even leveraging emerging technologies like drones and blockchain.
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 supplychain. While this sounds great, load planning can be a very manual and time-consuming process. Some may not even offer load planningtools.
Some of the most cost-effective software and methods supplychain professionals and the best freight brokers can adopt are supplychain predictive analytics programs. While still relatively new to the supplychain, analytics implementations have skyrocketed in popularity since its birth a little over 10 years ago.
3 min read Log-hub announces a major update to its SupplyChain Apps, delivering powerful enhancements that streamline cost management, route optimization, and data-driven decision-making. These features empower supplychain professionals with greater efficiency, cost control, and accuracy.
I work in supplychain. If I had done due diligence, I’d have seen the warnings – the retailer had pretty pictures on their website, but their supplychain 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.
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.
The systems they rely on often may not be up to the task. Why Many Companies Struggle with Logistics Management Inefficient Tools and Systems Far too many businesses rely on outdated and inefficient tools like spreadsheets and email for their logistics. Thats what its like not having any visibility into your supplychain.
Relying solely on manual shipping data analysis continues to yield poor results. And that all begins with deploying advanced freight management analytical resources and tools that actively work to lower all risks, ranging from detention through final mile management. It all begins with understanding what happened.
Choosing a supplychainsoftware vendor can be a long and tedious process. You need to make sure the software has the right capabilities, that you have the right people on board to truly leverage it and that it will support and not hinder your processes. Mapping European SupplyChainSoftware.
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 SupplyChain Game Changer , “Drayage services are more essential than ever. Download the White Paper.
And that helps to create entirely new ways of viewing the supplychain to proactively hedge risk. . Understanding why rate forecasting is so vital and how accurate data and analysis can help improve predictions are essential. Lower profits mean less revenue for paychecks, upgrades and technology.
Choosing a supplychainsoftware vendor can be a long and tedious process. You need to make sure the software has the right capabilities, that you have the right people on board to truly leverage it and that it will support and not hinder your processes. Mapping European SupplyChainSoftware.
Managing the manufacturing supplychain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. Supplychain constraints are impossible to avoid, but they can be planned for to reduce their impact.
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. Right now, global demand-supply matching technology imparts a surprising competitive advantage for carriers and transporters.
How does your company define success in the supplychain? 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. Shipping status tools to track freight.
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 supplychain. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. Download the White Paper.
This remains key to the overall success of investments within supplychainanalysis. And pre-emptive strategies that help isolate and address real-time problems will inevitably rely on real-time freight data and easy-to-access systems. Things will go wrong. Think about it.
With so many shipping modes and options to choose from and a wealth of innovative technology to take advantage of, it can quickly become overwhelming and confusing. Capture market data in near-real-time Real-time data represents a valuable tool for logistics managers when planning and adapting routes for the real world.
In most industries, supplychain 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.
One of the most popular tools that drives the supplychain 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 supplychain. Request a SONAR Demo.
What is a supplychain strategy? A supplychain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Supplychain strategies have come into the spotlight as volatile demand and complicated global markets have made supplychains more complex.
Logistics stakeholders are continuing to digitalize operations—and supplychains—through new technologies that meet customer expectations and keep up with global trade challenges. Companies were forced to adapt quickly to a volatile market and supplychain disruptions throughout the pandemic.
What this blog is about: Using automation and digital disruption to transform supplychains. Logistics stakeholders are continuing to digitalize operations—and supplychains—through new technologies that meet customer expectations and keep up with global trade challenges. Industry 4.0
What this blog is about: Using automation and digital disruption to transform supplychains. Logistics stakeholders are continuing to digitalize operations—and supplychains—through new technologies that meet customer expectations and keep up with global trade challenges. Industry 4.0
Data from the Bureau of Labor Statistics (BLS) shows that the demand for heavy and tractor-trailer truck drivers is expected to grow by 2% from 2021 to 2031, yet the supply is not keeping pace. For example, a major retail chain reported significant logistical challenges due to driver shortages during the peak holiday season.
The importance of distribution software. This is where supplychain digitalization projects can help to automate simple processes, improve efficiency and save money. There are a host of distribution softwaresystems that manage internal and external supplychain workflows. Improved efficiency.
Data for data’s sake lacks value, especially in the view of the supplychain. 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 supplychain. Proactive supplychain 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 supplychain network. Enterprise shippers and logistics managers need to embrace global trade data and analytics to apply this valuable insight throughout the supplychain.
This presents a huge challenge for enterprise shippers who have not embraced modern technology and freight tools. Maritime shipping remains one of the integral components of the modern shipping supplychain. The shipping and transportation supplychain remains deep in the recovery phase following the COVID-19 pandemic.
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?
This must always remain the focus of the entire supplychain. Even when processed with advanced business intelligence tools, inaccurate data will do more harm than not having access to any data at all. . When managers have inaccurate or outdated data, it is like trying to plan for the weather using a week-old forecast.
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.
Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supplychain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations.
Transportation Management Workflow may be defined as a supplychain workflow that connects and links the various parties involved along the chain from, for example, the seller’s warehouse to the buyer’s warehouse. One of the primary requirements would be to operate an effective TMS or Transportation Management System. .
In this four-part blog series we look at the impact COVID-19 has had on supplychains 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. Investing in the Right Inventory.
In this edition of “SONAR Indices & Insights,” readers will learn about Lane Acuity Plus, the newest product app in the ongoing development of the SONAR SCI (SCI is an acronym for “supplychain intelligence”) suite of products. . That helps with planning asset allocation and assessing current pricing structures.
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 supplychain operations. Benefits of real-time data and advanced technology for truckload shipping procurement by shippers.
All successful modern-day businesses rely on an efficient system of logistics management. This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. from 2019 to 2025.
Is your gut feeling telling you ‘ ’My SupplyChain 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 SupplyChain Scenario Comparison? We got you!
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 analysistools, and people who understand how to use them.
This is the complete guide to eCommerce warehouse management systems. What eCommerce warehouse management systems are. How to choose the right system for you. The 11 best eCommerce warehouse management systems. What’s an eCommerce Warehouse Management System? How to Choose an eCommerce Warehouse Management System.
This bi-monthly update introduces powerful new features for our flagship product, SupplyChain Apps, designed to enhance supplychain visualization, optimization, and sustainability. Map Comparisons: Comprehensive Scenario Analysis Log-hub 4.3 Creating Maps via API: Enhanced SupplyChain Visibility Log-hub 4.3
Smart and practical trucking data is critical for the modern supplychain network. Knowing carrier variability and what specific services they provide will improve truckload services and make it easier to utilize assets throughout the supplychain. . This gets easier to accomplish with tailored benchmark data analysis.
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