FreightWaves SONAR

MARCH 24, 2021

And as reported by Supply Chain 24/7 , “Leveraging technology, shippers are able to see regional trends and specific lane cost information, as well as driver preferences, while carriers have access to details like loading/unloading times and lane history data.” Fill out the Form Below to Access a COPY of the White Paper. Request a SONAR Demo.

White Paper 98

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Logistics Bureau

SEPTEMBER 4, 2023

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

Negotiating Skills 98

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MTS Logistics

MARCH 12, 2025

So, going into 2025, I would like to focus on current congestion data, global trends and what U.S. In 2024 carriers did learn how to operate better with service changes and blank sailings, and that will somewhat reduce congestion impact this year. exporters can expect in the new year in regard to cargo fluidity.

Cost Reduction 86

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Shipchain

FEBRUARY 26, 2019

According to EFT’s Supply Chain Hot Trends to Watch for in 2019 , one of the most significant trends that we should be paying attention to this year is automation. Judging by the speed with which the industry embraces new technological trends, there will undoubtedly be some obstacles to overcome before it becomes prevalent.

Supply Chain Software 109

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MTS Logistics

NOVEMBER 22, 2024

In particular, more innovation is a sought-after trend considering increasing requests by consumers, regulators and investors. In other words, by embracing sustainability, companies can have a lower carbon footprint, enhanced resource usage, and foster innovation.

Resource Reduction 105

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FreightWaves SONAR

MARCH 18, 2021

Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. The best manufacturing supply chain teams can adapt and respond to changes in the market and use these trends to grow and improve their services. Request a SONAR Demo. Request a SONAR SCI Demo.

Manufacturing Procurement 91

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Ship Monk

MAY 20, 2021

In addition to understanding your market, try to contextualize it as much as possible with historical trends and stone cold data. Competitive Analysis. A competitive analysis is a great way to learn from the greats while also spotting potential structural weaknesses within your own business. #5. These two work in tandem. #4.

How To 96

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Logistics Bureau

JULY 18, 2022

Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Now you know what your customers genuinely expect from your outbound and reverse supply chain, so it’s time to undertake a gap analysis. Naturally, the first part of this task will be to research and clarify those key trends.

Inventory Reduction 98

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SYSPRO Smarter ERP

MARCH 20, 2024

By streamlining and accelerating data collection and analysis, you get the insights you need for effective decision-making. The upshot: your entire team has access to actionable insights that can help them improve decision-making and identify trends, threats and opportunities.

Manufacturing Procurement 105

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SYSPRO Smarter ERP

NOVEMBER 30, 2021

It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Other related tools such as Pareto analysis identify which products are most profitable and hence those you should focus your attention on.

Supply Chain Planning Software 105

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3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

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Logistics Business Magazine

APRIL 18, 2024

Wincanton , experts in infrastructure logistics, have provided insight into how to anticipate issues within the supply chain. This can result from a particular seasonal demand or an emerging trend encouraging more investment. But with so many moving parts throughout, challenges arising can have a huge impact on the flow of deliveries.

Supply Chain Planning Software 57

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Logistics Viewpoints

JANUARY 21, 2025

Real-time data processing and analysis are crucial for identifying and resolving supply chain disruptions. Here are some specific use cases: Demand Forecasting AI Agents can analyze historical sales data, market trends, and real-time demand signals to predict future demand accurately.

Supply Chain Planning Software 116

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GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. Manufacturing Business Technology recently wrote the 5 e-commerce trends for 2016 for manufacturers to look at that include: Manufacturers will seek to increase their share of aftermarket parts sales. E-Commerce for Manufacturing.

Manufacturing Procurement 81

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FreightWaves SONAR

JANUARY 25, 2021

And the overall industry trucking trends imply an absolute need to grow more strategically. Freight management companies and partners can remain unsure of how to attain or utilize meaningful, actionable freight data. . The best and only successful way to overcome flawed data analysis is to use effective technology.

Price Reduction 86

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Logistics Bureau

JANUARY 11, 2021

To do that we use a technique called conjoint analysis. What conjoint analysis does is give a forced value to what customers genuinely expect, because that allows you to prioritise what resources you apply to servicing those customers. How to Design your Customer Service Offer. This is pretty useless information, to be honest.

Logistics Network Optimization Software 85

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Locus

JUNE 16, 2023

Read also: How to Calculate the Cost of Transport 2. A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024. Efficient fuel management can enhance route planning and capacity utilization.

Cost Reduction 98

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FreightWaves SONAR

APRIL 5, 2021

Tracking market trends within truckload rates relies heavily on data and analysis. The key to avoiding this kind of situation is predictive planning and analysis. This kind of real-time data analysis and application is essential for shippers to stay strategic and tactical as they forecast out contract and spot truckload rates.

Negotiating Skills 94

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Logistics Bureau

OCTOBER 10, 2022

The second is when you implement segmentation of the SKUs in your portfolio based on Pareto analysis. How to Improve Forecast Accuracy for Optimal Inventory. How to Calculate Economic Order Quantity. How to Reduce Minimum Order Quantities. 2: Forecast Accuracy. 5: Slow-Moving, Obsolete, and Excess Stock.

Inventory Reduction 105

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Logistics Business Magazine

JULY 15, 2022

Increased wages and benefits haven’t been enough to reverse the trend. As a result, we’re seeing some developing trends heading into the second half of the year.”. Specifically, Honeywell sees six trends emerging in the warehouse and DC industries. Increasingly aggressive adoption of proven automation technologies.

Supply Chain Software 67

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The Logistics of Logistics

JUNE 23, 2022

Topic: Prepping for Peak: How to Level-up your CX Strategy this holiday season. His analysis and insight have made him a frequent source to the Wall Street Journal, Boston Globe, ComputerWorld, eWeek, CIO Magazine, Internet Retailer, Chain Store Age and many others, as well as a sought-out presenter. . . Description: .

Webinar 195

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GlobalTranz

JANUARY 19, 2016

Some of these transportation management trends reflect real worries for the logistics industry. However, logistics providers and shippers are starting to understand how to best combat each of these problems through the application of transportation management technologies. Addressing the Truck Driver Shortage.

Trends 53

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WorkWave

JUNE 17, 2024

In this rapidly evolving landscape, staying up-to-date with digital marketing trends is crucial for businesses to stay competitive and effectively engage with their target audience in the ever-expanding digital space. How to Get Referrals To effectively obtain referrals, there are various strategies and methods that can be implemented.

Optimal Sourcing 96

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WorkWave

JUNE 27, 2024

According to the American Trucking Association, the industry faced a shortage of over 80,000 drivers in 2021, projected to grow to 160,000 by 2030 if current trends continue. Brief Insights on Emerging Trends Advances in Automation and AI Automation and artificial intelligence are set to revolutionize the transportation industry.

Optimal Sourcing 92

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United World Transporation

FEBRUARY 20, 2020

Data Analysis. The only way to get better at something is to evaluate how you’ve done it in the past. By keeping track of your deliveries, you can see what if any issues are present, what trends emerge, etc.

How To 73

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Stord

MARCH 24, 2020

Use supply chain data to identify demand trends Know how demand varies per geographic region based on historical sales data and determine what ideal stock levels should be accordingly. Supply chain data analysis helps identify the root cause of consistent stockouts and any supporting factors.

Supply Chain Design Software 78

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WorkWave

JULY 28, 2024

Market Analysis: Conduct a thorough market analysis to identify the target market, competition, and industry trends. GET A FREE DEMO The post How to Start a Medical Courier Business in 9 Simple Steps (2024) appeared first on WorkWave. Start Using RouteManager!

Material Savings 93

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GlobalTranz

JANUARY 17, 2018

However, manufacturers must also look beyond systems and software, uncovering how better processes and strategy can enhance operation through these additional trends. Manufacturers Looks to Reduce the Skills Gap, a Consistent Issue When Talking Trends in American Manufacturing. The Dominance of E-Commerce Continues.

Manufacturing Procurement 58

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EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. This post will explain how, but first, let’s deal with a few simple definitions. Most items in the growth stage will experience an upward demand trend. A basic form of inventory categorization is ABC analysis. Use-up excess inventory by redistributing stock.

Optimal Sourcing 59

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3PL Links

DECEMBER 28, 2023

Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.

Supply Chain Planning Software 48

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Ship Monk

FEBRUARY 9, 2024

Demand forecasting is the process of estimating how many units of each product you’ll need to cover demand for a given sales period, without running out of stock or having to take excessive post-holiday markdowns. Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them.

eCommerce 105

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EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. Inventory management KPIs are important as they help analyze and track the performance of inventory management activities such as how stock is ordered, managed and turned. How to Choose Inventory Management KPIs. Managing inventory is a complex business.

Inventory Reduction 52

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GlobalTranz

JULY 14, 2015

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The Internet radically changed how the world communicates. Analysis of Trends and Recommendations.

Supply Chain Software 103

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GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. How New LTL Technologies & Processes are Changing the Shipping Game. Download WhitePaper.

Supply Chain Planning Software 48

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Conger

JULY 16, 2021

In this article, we show you the biggest warehouse automation trends in 2021 that could change your warehouse operations. For each of the trends, you’ll learn: What it is and how it works. 11 Warehouse Automation Technology Trends. The trends that we cover below include a mix of both digital and physical automation.

Automation 59

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Trinity Logistics

JANUARY 19, 2024

Foundational Model This is where the training/learning takes place, where you’re teaching the AI how to look at things and look at input. Biggest one is data analysis. Data Analysis Generative AI is great at taking data in and putting it into a format that can be easily used to extract meaning. How do you identify this skill?

Supply Chain Software 127

Supply Chain Software Logistics Network Optimization Software Modeling Software Supply Chains 127

3PL Links

FEBRUARY 19, 2024

Image source: Flickr | Navigating Trends and Projections in Logistics for 2024 The logistics industry is always changing due to fluctuations in the market, technology advancements, and the never-ending quest for efficiency. Contact us to learn more about all that we offer.

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