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Overcoming Supply Chain Disruptions with Shanna Greathouse and Tony Nichols. Tony Nichols , Shanna Greathouse , and Joe Lynch discuss overcoming supply chain disruptions. Tony and Shanna work at CarrierDirect , a company that specializes in helping companies minimize supply chain risk. About Tony Nichols. About CarrierDirect.
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.
Marty has worked with Ruan for over 25 years and has held a series of positions with increasing responsibility within sales, supply chain solutions, quality, and logistics. According to Council of Supply Chain Professionals, a Third Party Logistics (3PL) Provider is “A firm which provides multiple logistics services for use by customers.
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. Fill out the Form Below to Access a COPY of the WhitePaper.
A new whitepaper from a supply chain consultancy suggests retailers are too fragmented in their approach to determining their Costs-To-Serve (CTS) and should instead adopt CTS analysis as a core, business-critical initiative for informing future decisions and direction. “In CLICK HERE to download the full whitepaper.
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. Download the WhitePaper.
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. Download the WhitePaper. The idea is that 80% of the work often is completed by 20% of the team.
Part of the challenge in managing the modern supply-chain is due to its sheer size and complexity. An optimized supply chain is one that is as efficient as possible; it is more likely to reduce costs, increase customer satisfaction rates, and add value for stakeholders. Defining Transportation Optimization.
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.
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. Download the WhitePaper.
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. Download the WhitePaper. On-demand access and shareability of essential data and information.
Naturally, to take advantage of this opportunity, you will need a well-functioning supply chain, which you happen to have. In other words, making money on that market requires some serious planning and perfect execution. Do you think that your supply chain management is good enough for this market? Download WhitePaper.
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. Download the WhitePaper.
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.
BONUS : Download the Guide To LTL Freight Mangement WhitePaper. Shippers who prioritize securing the lowest price from carriers may actually end up paying more because of costs embedded in carrier expenses, resulting in problems such as service degradation and supply chain disruption. 10 LTL Procurement Cost Cutting Tips.
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.
Supply chain technology is a difficult, exhilarating topic to cover in detail. Supply chain managers will focus on several key supply chain technology implementations or considerations which will impact consumer spending habits, consumer-business interactions and performance measurement. Download whitepaper.
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. Download the WhitePaper.
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. Download the WhitePaper.
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. Download the WhitePaper. Things will go wrong. Think about it.
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. Download the WhitePaper. Strong and more accurate freight rate predictions and planning guides.
Maritime shipping remains one of the integral components of the modern shipping supply chain. Download the WhitePaper. The shipping and transportation supply chain remains deep in the recovery phase following the COVID-19 pandemic. Managers need to contend with this challenge on a regular basis.
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.
But more often than not, businesses focused heavily on the supply chain aren’t getting all the promised benefits of this software. ERP doesn’t provide enough supply chain management capability Although anecdotes about ERP’s inability to adequately serve the supply chain have circulated for years, there’s now data to back it up.
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. . Download the WhitePaper. Strategically manage fleet assets.
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. Download the WhitePaper. The best and only successful way to overcome flawed data analysis is to use effective technology.
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. Download the WhitePaper.
Recently, John Larkin of Stifel’s Transportation & Logistics Equity Research provided an in-depth analysis of the future of the LTL sector to Supply Chain Digest. Consider the following scenarios of why LTL use will increase and LTL management use will consequently become more important.
Supply chain management is a field where Big Data and analytics have obvious applications. Until recently, however, businesses have been less quick to implement big data analytics in supply chain management than in other areas of operation such as marketing or manufacturing. This was clearly a situation that couldn’t last.
How does your company define success in the supply chain? Collaborative analytics help the supply chain work together. But modern supply chains are super-complex. Improved planning through wait time analysis benefits all parties. Things go wrong in supply chains. Download the WhitePaper.
Deconstructing the supply chain to isolate transportation costs is where the opportunity lies. Work with upstream suppliers to analyze their supply chain —including shipping costs, modes and mode-shifting opportunities, and order frequency—and how it affects your business.
Goodwill notes shipment data granularity and analysis are linked with better freight allocation , which means making use of the full spectrum of available shipping options, including full truckloads. Full Truckload WhitePaper Series. Access our complete Full Truckload Shipping WhitePaper Series. Download Here.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. The connection of systems nets scalability and actionable insights from the analysis of Big Data through the IoT. If you need help with this transition, Veridian is your one-stop shop.
Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. It helps carriers plan the best use of their assets to meet the demands of shippers. Download the WhitePaper. For carriers, it’s all about balance.
Global supply chains continue to sway in response to disruptions, unprecedented demands and ongoing digital transformation. As explained by Supply Chain Dive , “Companies like Convoy, Transfix, Uber Freight and Loadsmart use algorithms to match carriers and loads based on origin, destination, type of load, price, and timing.
The promise of an incorruptible ledger for use in transportation management will reduce inefficiencies and create opportunities in supply chains. With the potential blockchain growing with the interest of software giants, more supply chains are turning to blockchain & transportation management with open arms. DOWNLOAD WHITEPAPER.
Supply Chain Management. WhitePapers. |. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. It needs careful evaluation and analysis.
Supply Chain Management. WhitePapers. |. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. Main | Social Media in Supply Chain.the new trend!
The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. A lack of raw materials and products from suppliers created supply chain disruptions. However, the solution to the supply chain issues and disruptions is much simpler than most companies realize.
Supply Chain Management. WhitePapers. |. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. « Supply Chain Agility - Is it for Real?
To succeed in today’s hyper-competitive market, F&B companies must build a strong foundation of flexible supply chain processes, run by knowledgeable and experienced people and enabled by integrated and agile systems. Consensus Demand Planning . Time-Phased Replenishment Planning . Advanced Inventory Management .
The Manufacturing Industry Faces a Number of Challenges in its Daily Functioning ERP systems can augment smooth workflow and speed up inventory management, manage market fluctuations and supply chain issues. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER.
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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