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Overcoming SupplyChain Disruptions with Shanna Greathouse and Tony Nichols. Tony Nichols , Shanna Greathouse , and Joe Lynch discuss overcoming supplychain disruptions. Tony and Shanna work at CarrierDirect , a company that specializes in helping companies minimize supplychain risk. About Tony Nichols.
Big data in the supplychain is nothing new. And as reported by SupplyChain 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.”
Meanwhile, shippers face the challenge of managing their day-to-day transportation networks during a period of unprecedented supplychain disruption. Either one would be a challenge, but performing both at the same time presents additional challenges in a carriers’ market. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER.
“The use of Industrial Internet of Things (IIoT) technologies allows warehouses to become better at managing and performing a multitude of tasks, improve the operational efficiency by huge margins. These, along with the cloud-based solution, enable automated, sophisticated, and agent-based control.”.
Marty has worked with Ruan for over 25 years and has held a series of positions with increasing responsibility within sales, supplychain solutions, quality, and logistics. There are 5 different categories of 3PL services: Logistics, Transportation, Warehousing, Special Services, and Technology. Marty Wadle’s LinkedIn.
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.
The internet giant may have started off in a garage, focusing on indexing the world’s information, but Google has since become famous for other experiments it runs, from automated cars to i nternet routers on weather balloons. Technology Trend 1: Mobile. What roles will this play in supplychain? yellowbox].
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. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.
A new whitepaper from a supplychain 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
Automation continues to prove its value in building transportation and freight management relationships. Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. Download the WhitePaper.
As logistics continues to grow more lucrative to the customer experience, 3PLs are playing an increasing role in the supplychain. That includes analysis of current operations, costs by mode, performance and benchmarking of existing partnerships. Review Their Automation Capabilities and Workflows.
Part of the challenge in managing the modern supply-chain is due to its sheer size and complexity. Rather than hoping everything runs as smoothly, shippers today need to apply technology to ensure high customer experience levels are achieved and all shipments are delivered on time and in full.
Supplychaintechnology is a difficult, exhilarating topic to cover in detail. Supplychain managers will focus on several key supplychaintechnology implementations or considerations which will impact consumer spending habits, consumer-business interactions and performance measurement.
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.
Knowing how supply and demand fluctuations go and responding accurately remain keys to growth and success. By using strong management and analysis processes, supplychains can maximize value and stay competitive. And freight KPIs can serve as a valuable tool for freight market intelligence.
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 WhitePaper.
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. Download the WhitePaper. New ways must be adopted.
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. Download the WhitePaper.
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.
OTR freight represents a long-standing aspect of supplychain operations and transportation management. M odern transportation networks and supplychains continuously adapt to market volatility and transitions. M odern transportation networks and supplychains continuously adapt to market volatility and transitions.
Let’s consider these top factors affecting the trucking market, their implications on supplychains and how they are driving change within the industry. . Download the WhitePaper: Over the Road Freight Management Trends. As the industry evolves and innovations improve, OTR freight management technologies offer??
Too often, ERP software is seen as the final answer to any and every distress a business may face. But more often than not, businesses focused heavily on the supplychain aren’t getting all the promised benefits of this software. In order to resolve this issue, many businesses are integrating ERP and TMS software.
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.
This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. This implies a need to gain greater accountability and efficiency throughout the entire supplychain. Get Your Free WhitePaper Today. Download Here. Order picking accuracy.
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.
As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supplychains. Knowing the following key tactics and using the proper tools will help sustain long-term savings.
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. Download the WhitePaper.
This remains key to the overall success of investments within supplychainanalysis. Throughout the supplychain, 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.
It is clear supplychain business intelligence is essential for success with freight load management. Be sure to consider the interdependencies of the global supplychain.” Let’s take a closer look at them and how they maximize supplychain efficiency and profitability. Download the WhitePaper.
If you’re like me, staying up to date on supplychain news is critical. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supplychain sources were. Experts’ Choice: SupplyChain and Logistics Email Newsletters.
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. . Looking to the future with e-commerce and automation. Download the WhitePaper.
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.
The promise of an incorruptible ledger for use in transportation management will reduce inefficiencies and create opportunities in supplychains. With the potential blockchain growing with the interest of software giants, more supplychains are turning to blockchain & transportation management with open arms.
Automation continues to prove its value in building transportation and freight management relationships. Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. Download the WhitePaper.
This is in part due to the fact that as a third party logistics company, focused on efficient and strategic transportation management solutions through technology and services, it is vital for us to educate our shipper customers and our team in order to continually improve and always provide value. .
And it’s important to understand how improvements in drayage planning , considering TEU activity as shown in the Top Imports by Consignee app within the Ocean Shipments Report in FreightWaves SONAR, amount to proactive supplychain management. As explained by SupplyChain Game Changer , “Drayage services are more essential than ever.
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. Download the WhitePaper.
Outlook and predictive planning are a big part of successful supplychain operations. According to SupplyChain 24/7 , “ In the industry right now, there are 10 orders to ship for every available truck; however, a large portion of private fleets are running their assets with a significant amount of empty backhaul miles.
Although the use of transportation management systems , unmanned aerial vehicles, and robotics , is dramatically changing the logistics landscape, several other technologies will become key players in the logistics industry in 2016. Increasing Use of RFID-, AIDC -, & IoT-Based Technologies.
Supplychains are continually advancing. According to Greg Siefkin of Material Handling & Logistics , “Forward-thinking supplychain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. Download the WhitePaper.
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. 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 supplychain networks. Download the WhitePaper.
Supplychain 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 supplychain management than in other areas of operation such as marketing or manufacturing.
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. Download the WhitePaper. It makes for more work when the network falls behind, to begin with.
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