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To simplify the process, using SONAR SCI Lane Acuity along the way, and pinpoint the top resources to achieve that goal, this whitepaper will explore: The problems in routing guide compliance created by lagging data. The value created with real-time data and right-now lane-level analysis to enforce compliance.
Improved railway fluidity is one of the few areas where transportation networks are improving, but even in that mode, terminal congestion remains rampant. In preparation for next year’s bid season, and for purposes of managing day-to-day carrier networks, we first recommend evaluating the performance of your current carriers.
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.
Distribution center networks have expanded their footprint to allow for more immediacy in stock pulling and decrease time to the consumer. can be created to serve as a sandbox for scenario analysis. New partnership opportunities. By creating one unified system, a holistic duplicate system or “Digital Twin”.
There are many working parts, network partners, and opportunities for things to go wrong that some are often overlooked. How Managed Transportation Enables Ongoing Optimization Across Your Network. These processes are intrinsically linked and require shared data and collaboration across all network partners.
Of course, carriers want their transportation networks to be as profitable as possible. Where a supply chain is weak, analysis and advisory teams can fill in the gaps – seeing the correlations between data points and real-time load operations and profits highlights potential problem areas. Download the WhitePaper.
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.
Even more complex, some 3PLs may offer different degrees of service, such as a 4PL model that blends a shipper’s existing network and fleets with a 3PL’s technology and solution, as discussed in this third-party versus fourth-party value article. . Does the Transportation Management Services Provider Offer Logistics Consulting.
M odern transportation networks and supply chains continuously adapt to market volatility and transitions. Proper vetting of carriers helps ensure risk management, and creates a re liable network for future growth, scalability and flexibility. . Download the WhitePaper: Over the Road Freight Management Trends.
Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. Download the WhitePaper. When managers try to look objectively at their supply chain network, the need for an outside perspective remains clear. Sometimes data analysis needs to be refocused and fine-tuned.
This lack of insight affects network visibility and makes it difficult to know what current transportation rates are, what trends are rising and falling at any time, and how logistics data is changing over time. Download the WhitePaper. The idea is that 80% of the work often is completed by 20% of the team.
By using strong management and analysis processes, supply chains can maximize value and stay competitive. Streamline data capture and analysis. Data for the sake of data is meaningless without proper, automated analysis and data capture. Download the WhitePaper. Benchmark your operation against competitors.
Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes. Download the WhitePaper. Networking and collaborative power for ideal intermodal freight shipping.
As further explained by Deloitte , “business cases show how new technologies – from smart sensors to advanced data analytics to cognitive computing – are transforming traditional linear supply chains into connected, intelligent, scalable, and customizable digital supply networks to help reduce costs and drive sustainable growth.”
This focus makes proper use of global trade data and analytics so vital for continued recovery and growth throughout the supply chain network. Without quality data to review, analyze and apply, the network will struggle to keep up with important trends within the global market. Download the WhitePaper.
Download the WhitePaper: Over the Road Freight Management Trends. This shift shows how modern transportation networks and supply chains continuously adapt to market changes and transitions. network for future growth, scalability and flexibility.?? . Supply & Demand Chain Executive , in 2020, the ? are liable?network
Relying solely on manual shipping data analysis continues to yield poor results. Download the WhitePaper. Outdated analysis and management methods are becoming increasingly more difficult amid lockdowns, supply shortages, and increased consumer demands. The same applies to freight management analytics.
Logistics network monitoring is an important step in understanding what actually occurs throughout your supply chain. Networkanalysis gets beyond the marketing hype to see what’s really happening. To learn how to save time and money in your supply chain, download our Logistics NetworkAnalysis whitepaper.
Smart and practical trucking data is critical for the modern supply chain network. They tend to follow similar lines and influence services and prices throughout transportation networks. Each carrier type’s unique functions make it possible for networks to adapt to demand changes. Download the WhitePaper.
Predictive data analysis allows managers to tweak and adjust route optimization and shipping protocols to accommodate market demands. Download the WhitePaper. When working with LSPs and other third-party vendors, competitive rates and services can be a key influence on networking partnerships.
With mini-bids, carriers have an opportunity to focus more time and resources on specific lanes, improving the balance of their freight networks. In other words, the manufacturing supply chain depends on the ability to move freight seamlessly throughout the entire network and to consider how those moves will translate into other activities.
This also makes it easier to see capacity constraints or other available options that represent the most beneficial and profitable moves within the network. Download the WhitePaper. Improved predictive analysis and projection with logistics automation data and insights.
The problem looms large for shippers and managers across the supply chain network, but the answer is out there – better utilization of smart data and automated processes. Automated analysis and mobile dashboard access keep team members connected and the fleet rolling along smoothly and efficiently. . Download the WhitePaper.
Within the freight load management area of the network, data is essential. And the only way to see these costs is to get real-time freight data across the full carrier transportation network. Download the WhitePaper. The best and only successful way to overcome flawed data analysis is to use effective technology.
Some things to consider regarding shipping demand management are critical to staying informed and expanding the network to meet demand constraints. Download the WhitePaper. Resiliency and visibility have stayed necessary throughout the supply chain network.
The easiest and most affordable way to connect global shipping destination points is by sea and that means maritime shipping has and will continue as a vital part of the shipping transportation network. It makes for more work when the network falls behind, to begin with. Download the WhitePaper.
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. A trucking RFP is most effective when sent to diverse and varied supply chain networks. Download the WhitePaper.
Smart data, automated processes, inter-connected shipping networks, and new technological advances help to promote a better understanding of the flow of goods and when it’s time to reorder stock or perhaps roll cargo plans. Download the WhitePaper.
Many benefits come with the renewed focus on network intelligence. The purview of FreightWaves SONAR includes core metrics with SONAR SCI, including Lane Acuity, to understand the severity of disruptions and how those disruptions affect the overall network. Download the WhitePaper. Think about it.
For shippers, success depends on end-to-end network improvements, according to McKinsey & Company. Viewing transportation networks with multi-angled metrics goes a long way to reducing costs. Improved planning through wait time analysis benefits all parties. Download the WhitePaper.
Analysis of that data creates a benchmark rate. Therefore, companies learn to trust in one another and collaborate for improvements across the full network. Download the WhitePaper. Consistency in data aggregation and analysis are key to maintaining index validity and accuracy. Instantaneous analysis.
This remains key to the overall success of investments within supply chain analysis. Download the WhitePaper. Any tech stack’s real value can only be realized when the entire chain network, from top to bottom, stays on the same page and can embrace data-backed methods and processes. Of course, that’s another challenge.
and Asia and Europe and Asia, and carriers have had to plan for, allocate and optimize their networks to support the growth of global shipping along these trade lanes.” Download the WhitePaper. Problems with rating practices will always surround the global flow of goods.
Download the WhitePaper. Tips for applying data to balance freight load pressures on the network. In today’s world, a delay in data processing and analysis will lead to massive opportunities for overlooked industry dynamics.
That kind of analysis creates a stronger level of supply chain agility. Descriptive analytics track the existing network supply and use past data to realize what areas of improvement may exist. Download the WhitePaper. Click the button below to learn more about the power of data analysis by request a free SONAR demo. .
Access to data and proper analysis are both essential to maximize profits and reduce costs. Download the WhitePaper. Accurate trucking data streamlines everyday processes within the shipping chain network. The dawning of a new year means a time to adapt and change shipping managers and logistics providers.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. We expand upon the supply chain technology trends we spoke about in the first part of this blog series, but let’s take a look at 5 more supply chain tech trends that will shape 2018.
GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. Greater security of blockchain encourages trust between supply chain partners and networks. This might seem like myriad benefits, but they combine to form a single, best-case outcome—better customer experiences. Consider the Blockchain in Trucking Alliance (BiTA).
This also makes it easier to see capacity constraints or other available options that represent the most beneficial and profitable moves within the network. Download the WhitePaper. Improved predictive analysis and projection with logistics automation data and insights.
Industry events, whether held online or in person, are also great opportunities to discover new partners and connect with new vendors outside your standard network.”. Digital analysis and detail-oriented recordkeeping of all mode activities, including ocean import data , makes it easy to enhance overall performance. .
Consistency in data aggregation and analysis are key to maintaining index validity, applicability and actionability. Instantaneous analysis. Network-wide views. Download the WhitePaper. Enable strategic growth with the right carrier & shipper network. Consistent data collection. Near-real-time data.
Download the WhitePaper. Social media-as-networking. It’s all about using virtual tools to expand your network. How do you build a network with social media? Once your opinions and analysis are trusted, the inbound leads will start to appear. . The key is to add as much value as possible for free.
Predictive data analytics can be deployed to improve annual truckload RFP processes, understand how transportation analytics flow seamlessly into the next stage of data analysis and derive more value. Download the WhitePaper. And that’s something to revere in the modern logistics network. So what are you waiting for?
Here are the top five ways in which Artificial Intelligence is transforming the logistics industry as we know it: 1) Predictive Capabilities Skyrocket When AI in Logistics is Implemented The capabilities of AI are seriously ramping up company efficiencies in the areas of predictive demand and network planning. GET YOUR FREE WHITEPAPER.
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