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Data is a big buzzword across industries, but how about when it comes to logistics? William shares how they transform data into critical actionable information that optimizes and powers operations throughout businesses. Beyond The Data with William Sandoval. Our topic is beyond the data with my friend William Sandoval.
As we reflect on the past year, the logistics and supply chain industry has undergone significant transformations, driven by technological advancements, evolving market demands, and a renewed focus on sustainability.
Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supply chain predicated on lowest-cost principles. Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Data Visibility in the Supply Chain. Today, many manufacturers lack that awareness.
When it comes to major issues, industry events, and new developments, TT journalists get the story first and get it right, keeping readers informed about all aspects of the trucking industry and helping them stay ready for what’s to come. In the podcast interview, Seth and Joe discuss the top 100 logistics companies.
01:54] What will the 3PL industry look like in 2025? 12:30] Tell us about some of the trends you think are going to impact the industry over the next five years. Historically, a lot of the industry hasn’t embraced technology. Consolidation will be one of the ways the upper half of the 3PL industry will better compete.
From sourcing and bid evaluation to warehouse slotting and dynamic routing, AI tools support faster and more consistent outcomes by processing large volumes of operational data and identifying patterns that human decision-makers may overlook. Integration allows seamless transitions from data insights to purchase approvals and execution.
In the fast-evolving pharmaceutical industry, Vertex Pharmaceuticals stands out not only for its scientific breakthroughs but also for its human-centric approach to digital transformation. Vertex invested in building a strong internal data culture, upskilling teams, and creating “change champion” networks.
This article comes from Greg Quirk, Product Marketing Manager at Kinaxis and looks at AI in supply chains. Data is the lifeblood of AI in the supply chain. At the same time, feeding your AI models too much data can also be a problem. So, how do you achieve that Goldilocks moment?
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supply chain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
This article quotes Carl Bentzel, an FMC commissioner, who says that there is increased concentration of the ocean shipping business, from no carrier having more than 4%, to around 10 carriers, half of whom have 12-20% each. Many supply chain … Continue reading →
This article explores how digital twins are being deployed in transportation, warehousing, and network design. We dive into real-world use cases, implementation guidance, and measurable results already seen by industry leaders. Step 2: Map the Data Ecosystem Digital twins depend on data integrity.
Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing. April 2021, global leaders in the luxury industry formed the Aura Blockchain Consortium, an initiative aimed at promoting the adoption of blockchain solutions worldwide for the luxury industry.
They aim to bring about positive change in the industry by adopting a customer-centric approach and treating everyone well. Through its commitment to innovation and technology, Port X Logistics is redefining the logistics industry and leading the way towards a brighter future for all. Visit ey.com/us/private.
According to a survey by ARC Advisory Group, only 10% of industrial companies are ready to apply artificial intelligence/machine learning. The percentage of industrial companies broadly applying agentic AI and generative AI would be a small fraction of that number. ARC has been actively studying industrial AI for over two years.
10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Original Article: 10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Every industry has dealt with the fallout or repercussions caused by COVID-19 -related disruptions to the supply chain.
However, the 5G protocol is slowly evolving to add more features for industrial applications. Valsecchi spoke at ARC’s Accelerating Digital Transformation in a Post-COVID World on a 5G panel and then expanded on his thinking after I sent him a draft of the article. For industry, 5G is a developing technology.
In this article, we will explore these last-mile delivery optimization strategies and the role of route optimization software as we look ahead to industry trends shaping the future of delivery in 2025. Data-driven approaches, such as predictive analytics, facilitate real-time adjustments in delivery operations.
Of course we’re talking about your ecommerce store’s data security. In this article we’ll discuss why multilayered ecommerce cybersecurity is important, the types of protection available, the main threats to your ecommerce store, and what ShipMonk does to protect your brand from them. Data Security Protection 1.)
Original article: PODCAST: Modern Courier Delivery Compliance Considerations: Understanding SOX and SOC Compliance Logistics and supply chain are some of the world’s most complex and regulated industries, which has been further compounded by increasing reliance on data and technology in both fields. What Is SOC Compliance?
What is remarkable about this year’s tournament, and sports in general lately, are the learnings that can be applied to industrial companies working through energy transition and sustainability challenges. With that backstory in mind, let’s get back to energy transition and industrial sustainability and their intersection with the World Cup.
Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility.
AI systems get better and more accurate as they collect and analyze more data. ML is a form of AI that enables a system to learn from data rather than through explicit programming. ML is a form of AI that enables a system to learn from data rather than through explicit programming.
IoT World is North America’s largest IoT event where strategists, technologists and implementers connect, putting IoT, AI, 5G and edge into action across industry verticals. Internet of Things (IoT) sensor-generated data is another key piece of improving railway efficiency and operations. Optimizing Railway Operations with Data.
Original article: Freight Truck Shortages Are Changing The Face Of Logistics. Michelle Sodomka, a Senior Director in charge of Open Sky Group ’s transportation management practice has 15 years’ experience in risk analysis and mitigation within the logistics industry. This is called freight under management (FUM) in the industry.
Original article: Key Challenges in Fresh Grocery & Supermarket Supply Chains. As early as 2018, a Neilsen study found that fresh foods were “the primary driver of growth in retail stores, accounting for 49% of all dollar sales growth in the fast-moving consumer goods industry. Then, a few months later, COVID came along.
This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at fortifying warehouse and distribution centers against cybersecurity attacks. The warehousing and distribution industry is highly reliant on technology for its operations. As such, it is vulnerable to devastating cyberattacks.
Today’s article is from Lucas Systems and highlights the benefits of machine learning in the warehouse. This article provides an introduction to machine learning for warehouse managers. In contrast, a machine learning solution uses algorithms to analyze warehouse data and develop a predictive model for workforce planning.
And how has Jan Bednar, renowned logistics disruptor and CEO/founder of ShipMonk driven the industry forward? At ShipMonk, we try to flip that script to prevent frustration by using data science to monitor patterns and building forecasting tools to manage pain points in advance and ensure brands deliver the best experience to their customers.
In the fast-evolving landscape of chemical logistics, artificial intelligence (AI) promises remarkable advances, particularly in data management, forecasting, and route optimization. However, despite AI's growing capabilities, the human element remains irreplaceable when it comes to bulk chemical transportation.
Let’s face it, not many industries have had the spotlight thrown at them quite like transportation! From social media, public opinion, company-specific data, and political forums, there’s an unlimited number of news sources available, so finding trusted information is as important as ever. Is this article relevant to what you need?
In this context, knowing what is already popular in the sector sets the foundations for future actions as well as positioning your company among the most innovative in the industry. The capacity to tailor offerings, change delivery routes, and fulfill peak demand is also required to stand out in an increasingly competitive industry.
Director of Product Management, shared five ways to use data to coach your team and drive success. His article, shared exclusively with Green Industry Pros , focuses on how leaders in the landscaping industry can improve their bottom line while attracting and retaining top talent. Recently, Joe Marcotte , our Sr.
Shipping and logistics are among the oldest industries in the world. Single Source of Truth — When inventory is coming and going from all directions, order and inventory data is synced to a central platform for easy monitoring and analysis. Why is that? The short answer is that $*#t happens in the physical world.
According to data from supply chain visibility tech provider Project44, Florida will see a decline in truckload performance due to the damage and flooding, but rates leading up to Milton’s landfall were stable. Fortunately, the logistics industry is relatively calm. READ THE FULL ARTICLE
Longer lead times, complex handoffs between logistics providers, data flow between disparate systems…requires a new way of thinking for efficient inventory moves from origin to the final customer efficiently. Steve is also the editor of RSR’s weekly e-newsletter, one of the most eagerly anticipated periodicals in the industry.
Mark Derks, BlueGrace Chief Marketing Officer June 23, 2023 In the dynamic and ever-evolving logistics landscape, having access to accurate and timely data is essential. Updated quarterly, the LCI has become an important resource for shippers seeking to maximize data forecasting as part of a predictive and prescriptive analytics model.
Trends in shipping and logistics like the rising popularity of e-commerce and blockchain technology are already changing the fabric of the industry as we know it. People are protective over their data, and with good reason. In today’s day and age, it just takes one data breach to set everyone off in a panic.
Industries such as semiconductors, electric vehicle (EV) batteries, and transportation equipment are at the forefront of reshoring efforts , leading to a fundamental shift in freight demand patterns. Automotive and industrial manufacturing is expanding in states like Michigan and Ohio. Midwest U.S. Southwest U.S.
It adds that by analyzing revenue forecasts, inventory levels, and order volumes, the index provides industry stakeholders with valuable insights into what to expect in the next quarter and how these trends reflect the freight market. READ THE FULL ARTICLE
Trinity Logistics is always looking to grow our company, our brand presence, and most importantly, our knowledge within our focus industries; chemical being one of them. We find being members of industry associations helps keep us in tune with current challenges our customers may be facing, while giving us new opportunities to connect.
In 2018 a Forbes magazine published an article entitled “Every company is a data company” in which the authors urged all companies to use data as a core asset. That is now becoming a reality as businesses come to realize that data is the most significant asset they possess. What is IoT and IIoT?
Generative AI is first trained on a foundational model and then fine-tuned with human feedback and additional data. Its responses are based on data it has consumed and a resultant powerful prediction mechanism. This has significant impact when it comes to focusing a Generative AI into a particular industry, like logistics.
If you want to argue that these changes are in technology only, there was a recent Bloomberg article which noted that: “companies from noodle makers to semi-conductor giants are spending on new plants and machinery in ways they haven’t done for years.” Manufacturers thriving on data. Leveraging the data ocean.
So thats the route were taking in this article (no pun intended), we’ll be exploring the evolution of fleet route optimisation from a time-consuming pen-and-paper exercise to a high-tech process that, in some cases, can be completed in minutes. KPI dashboards and reporting: This is linked to tip #3 above.
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