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Freight Market Intelligence: Data is crucial, but context is king

Freightos

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

Data 62
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How cargo survey for refrigerated and frozen cargoes works

Shipping and Freight Resource

According to data from the industry, there are a lot of claims related to perishable shipment by all means of transportation. Marine Cargo Survey Practices. Analyze data obtained from survey, formulates recommendations pertaining to vessel capacities, and writes report of findings. Gathering Information.

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Turning Supply Chain Data into Business Intelligence

3PL Insights

Big data is only useful if you understand the metrics and can connect them to the important areas of your business. But how do we turn inventory management data and other key metrics into business intelligence? This article explores general insights behind the data found in the evans365 portal and what it means for your business.

Data 98
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Data key to tackling forecasting challenges

FreightWaves SONAR

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022. and Target Corp.

Data 52
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Freight market data size matters: 5 key hallmarks of data sets that improve transportation procurement

FreightWaves SONAR

According to Richard Howells of Forbes , the 2020 Oxford Economics survey found “49% of supply chain leaders (the top 12 % of respondents) can capture real-time data insights and act on them immediately, while 51% use AI and predictive analytics to capture insights. Freight market data size consistency matters.

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Exiger Has Taken the Supply Chain Risk Market by Storm

Logistics Viewpoints

These solutions use natural language processing, for example, to read online publications and other data sources, make sense of what they read, contextualize the data into information, and report supply chain disruptions caused by weather, geopolitical events and other hazards in near real-time. First, it is done through surveys.

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A Deeper Look into Time Slot Management

Logistics Viewpoints

A few weeks ago, I wrote an article on the benefits of time slot management. In that article, I highlighted the importance of the network effect on time slot management and related technologies, as well as the main benefits of a time slot management application. Wait Times and Costs Can Add Up Quickly.