SYSPRO Smarter ERP

APRIL 17, 2023

The manufacturing industry is currently undergoing a rapid digital transformation, and as a result, companies are generating vast amounts of data. Unfortunately, without proper processing and analysis, this data is of little use to the organization. This empowers teams to improve processes, reduce costs, and increase efficiency.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

SYSPRO Smarter ERP

JULY 3, 2023

What is Machine Learning ML is the computing engine behind AI and gives computers the ability to make sense of, and learn, from data to perform specific tasks without manual interference. Nine areas where AI can help manufacturers There are several ways in which data and AI can be applied in the manufacturing industry. The Industry 4.0

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98

SYSPRO Smarter ERP

MARCH 28, 2024

Data-driven decision making is the process of collecting the data that a company uses, and transforming it into actionable insights. Using data to find patterns, inferences, and insights ensures that your company goals and plans are based on evidence and that decisions made are balanced and objective.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 52

FreightWaves SONAR

JULY 18, 2024

Excel analysis of the new SONAR tool shows how truckload competes with rail intermodal by lane Prior to last month, SONAR data was available in two ways: by using the browser-based visualization tool or via an API connection. That data point and the muted intermodal spot rate of $1.17/mile, mile, which also includes fuel.

Tools 52

Tools Data Analysis Sourcing 52

MercuryGate

SEPTEMBER 28, 2022

Data stewardship refers to managing company data and making data available to users. Data collection and sharing sound like data management. People are often confused about the difference between data management vs. data stewardship.

Data 52

Data Logistics Availability Blog 52

Shipchain

DECEMBER 20, 2018

We follow an exhaustive list of supply chain and logistics blogs to make this possible. If you want to start learning, we suggest you check out these top logistics and supply chain blogs. Top Logistics and Supply Chain Blogs We Love. Ship Lilly. China carrier relations and much more. More Than Shipping. Logistics Viewpoints.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Blog 134

EazyStock

AUGUST 28, 2023

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands data-driven decision making. When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

FreightWaves SONAR

SEPTEMBER 23, 2021

Shippers are at a disadvantage in negotiations with carriers and brokers unless they have adequate data and real-time information surrounding the freight market. The lack of information available to shippers leaves them vulnerable when it comes to holding carriers accountable, especially in times of disruption. Request a SONAR Demo.

Negotiating Skills 97

Negotiating Skills White Paper Data Demo 97

CH Robinson Logistics

SEPTEMBER 28, 2021

Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. As a researcher at Michigan State’s Broad College of Business, I will explain how I arrived at this figure, based on available data. Analysis of employment data.

Trucking 116

Trucking Blog Supply Chain Planning Software Supply Chain Design Software 116

FreightWaves SONAR

MARCH 9, 2021

Data for data’s sake lacks value, especially in the view of the supply chain. And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

FreightWaves SONAR

JUNE 5, 2023

Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

AIMMS

APRIL 28, 2020

Supply chain data is critical to the planning function. Our recent Planning Maturity Assessment shows that 4 5 % of organizations are satisfied with their data quality, to some degree. The fact that more than half feel “neutral” or dissatisfied shows data quality is a considerable pain point. Let’s take a look. .

Scenario Planning 108

Scenario Planning Data Gartner Supply Chains 108

Blue Grace Logistics

MAY 6, 2022

Data and optimization can improve efficiencies in supply chains, save shippers money and reduce greenhouse gas emissions, according to logistics experts who shared insights last Friday in honor of National Supply Chain Day. “In I don’t think most shippers understand that because the access to that data isn’t totally available to them.”.

Supply Chain Design Software 62

Supply Chain Design Software Optimization Software Supply Chain Software Waste Reduction 62

FreightWaves SONAR

APRIL 2, 2021

(Graphics created by Emily Ricks) There are ample opportunities to take advantage of spot versus contract freight data insights. Consider this; as reported by Louis Columbus of Forbes , “Machine learning algorithms and the apps running them are capable of analyzing large, diverse data sets fast, improving demand forecasting accuracy.”

Purchasing Skills 98

Purchasing Skills Optimal Sourcing Sourcing Data 98

EazyStock

JUNE 23, 2022

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Unstructured data isn’t as accessible to search or export and is often text-heavy.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

FreightWaves SONAR

NOVEMBER 24, 2020

Supply chain intelligence and actionable insights must apply the most accessible, near real-time data available. Analytic data resources for brokers are great, but it’s equally important to realize that FreightWaves SONAR is much more than a broker-exclusive resource. Market dynamics of freight management can turn on a dime.

Data 105

Data Supply Chain Planning Software Resource Reduction White Paper 105

FreightWaves SONAR

JULY 10, 2023

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

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

FreightWaves SONAR

MARCH 11, 2021

Global trade data and shipping demand management are not just things that high-tech companies and international investors need to worry about. This focus makes proper use of global trade data and analytics so vital for continued recovery and growth throughout the supply chain network. Streamline data collection and analysis.

Data 98

Data Supply Chain Planning Software Supply Chain Software Expense Reduction 98

FreightWaves SONAR

NOVEMBER 9, 2021

Put simply, FreightWaves TRAC provides spot rate data at tender, reflective of the current market for truckload freight for a majority of U.S. FreightWaves TRAC’s spot rate data is delivered to subscribers as soon as the next day, which is days or even weeks earlier than any competitor can deliver.

Data 69

Data Negotiating Skills Availability Capacity 69

FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

FreightWaves SONAR

JULY 26, 2023

With near-time and real-time data, it is possible to ascertain what is happening in the freight market today — and what will be happening tomorrow. Regardless of job title or department, all SONAR users also benefit from the expertly delivered insights available via FreightWaves Passport and Market Outlooks. It is the ultimate win-win.”

Data 52

Data Price Reduction Supply Chain Planning Software Resource Reduction 52

FreightWaves SONAR

OCTOBER 25, 2021

The SONAR Lane Score is now available in Descartes Macropoint Capacity. Direct access to SONAR Lane Score within MacroPoint Capacity helps brokers maximize efficiency by bringing in useful data into one platform. The post Descartes and FreightWaves combat capacity crunch with real-time lane data appeared first on SONAR.

Capacity 97

Capacity Modeling Software Data Logistics Network Optimization Software 97

FreightWaves SONAR

APRIL 16, 2021

Real-time visibility and data into all things freight shipping is a supply chain gold standard. And nearly one-half of the industry’s freight market participants can see their data in real-time. Unfortunately, that doesn’t always amount to capturing real-time data outside of an individual company’s four walls. Now consider this.

Data 52

Data Supply Chain Planning Software Resource Reduction Freight 52

GoShip Blog

AUGUST 29, 2022

In this day and age where people’s data is being input into most, if not all, websites people are using; it is important that this valuable information is protected. Without proper data integrity, third parties or those with malicious intent may access your data without permission for their own personal gain.

Data 52

Data Optimal Sourcing Optimization Software Security 52

FreightWaves SONAR

MARCH 8, 2021

The abundant data sources can make the process of assessing the market more difficult than necessary. Shippers and carriers should make more definitive decisions in selecting their data sources. Because data sources matter to assess accurately and objectively the over the road trucking market. . Download the White Paper.

Sourcing Strategies 98

Sourcing Strategies Optimal Sourcing Sourcing Data 98

FreightWaves SONAR

MARCH 25, 2021

Reaching mutually beneficial service level agreements (SLA) or trade agreements depends on the access and utilization of current logistics data and a decent amount of preparation. Far too often, there is a severe lack of real-time logistics data to work with during this process. Download the White Paper.

Scenario Planning 98

Scenario Planning Data Logistics Network Optimization Software Demo 98

FreightWaves SONAR

APRIL 8, 2021

Data represents an integral part of daily life for most people, and it is no different within the transportation industry. 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.

Optimization Software 98

Optimization Software Optimization Data Supply Chain Planning Software 98

FreightWaves SONAR

FEBRUARY 17, 2021

Mobile data can play a pivotal role in building the supply value chain. Mobile devices have functions that provide valuable data for the supply value chain. But even more importantly, this freight data enables shippers to optimize their company’s operations in various ways by avoiding overspend and more.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98

FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

The Logistics of Logistics

MARCH 14, 2023

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?

Compliance 195

Compliance Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 195

Locus

OCTOBER 17, 2023

Today, teams are armed with data like never before, making the jobs of NFL scouts more efficient. But what is it about a data-driven approach that gives scouts the edge? NFL teams ensure that their targeted big-match players are fit and available for the upcoming games.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Optimization Software Data 52

Blue Grace Logistics

JULY 11, 2024

In this blog, we’ll explore practical strategies tailored specifically for food and bev shippers, focusing on forecasting methods and inventory management practices that can effectively address retail demand shifts. Food and beverage shippers can achieve this by analyzing historical data and market insights.

Inventory Reduction 88

Inventory Reduction Cost Reduction Optimization Modeling Supply Chain Planning Software 88

SYSPRO Smarter ERP

JULY 2, 2024

This blog discusses how manufacturers can start making AI a reality. Machine learning (ML): Using algorithms and data to detect patterns without being explicitly programmed to do so automatically. ML and DL are mainly used in data analysis, classification, clustering, and ranking. ML models learn from data.

Supply Chain Planning Software 105

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Design Software 105

3PL Links

JULY 7, 2023

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

Supply Chain Software 48

Supply Chain Software Supply Chains Data Logistics Network Optimization Software 48

FreightWaves SONAR

JANUARY 25, 2021

It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

FreightWaves SONAR

JANUARY 11, 2021

And the transportation and shipping industry has a choice to make – to take advantage of trucking data or to ignore it, continuing as before. . Access to data and proper analysis are both essential to maximize profits and reduce costs. Real-time trucking data helps to secure more capacity and better shipping rates.

Data 59

Data Capacity Optimal Sourcing Trucking 59

FreightWaves SONAR

MAY 19, 2021

Since its introduction in 2018, FreightWaves SONAR has provided subscribers with the most current freight market data, analysis and insights. SONAR is the only freight forecasting platform that combines contract tender data with spot rate data and creates predictive freight rates.

Data 52

Data Negotiating Skills Supply Chain Design Software Supply Chain Design 52