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Blythe Brumleve and Joe Lynch discuss connecting the digital dots. Blythe is the Founder of Digital Dispatch and the Host of Cyberly, an influential podcast on the Freightwaves platform. Eventually, Blythe would use these skills to fulfill her entrepreneurial goal by founding Digital Dispatch in 2018. About Digital Dispatch.
Returning guest on this episode is Miguel van Asch, Head of Data and Analytics at Ahlers. In episode fourteen, Miguel explained what a digital twin is, and what the three steps are to creating your own digital twin. Podcast is all about trends and innovations in supply chain and logistics. In this episode, we […].
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. This proliferation has made the need for – and lack of – industry data standards all the more acute. are growing too.
Blythe is the Founder of Digital Dispatch and the Host of Cyberly, an influential podcast on the Freightwaves platform. Eventually, Blythe would use these skills to fulfill her entrepreneurial goal by founding Digital Dispatch in 2018. About Digital Dispatch Your website is the only thing that can sell for you 24/7.
Analytics for Risk Management This isn't your grandmother's data analysis; we're talking about sophisticated pattern recognition that makes your shipping operation smoother than a freshly waxed surfboard. And how do you pick the right carrier if you are now receiving new data of damaged packages?
Manufacturers and distributors want to dramatically increase their efficiency, productivity and accuracy through smart technologies, data analytics and connected services. One of the key drivers of digital transformation is giving the organization the ability to respond swiftly to changing market conditions and customer demands.
This post from Elemica’s blog provides guidelines on how to manage the security of the data and the management of APIs. Read more Editor’s Pick: Seven Guidelines for API Security in a Digitized Supply Chain Network.
Recently my parents sprung it upon me that they want all their old, printed photographs converted to digital format as they are downsizing and don’t have the space or the inclination to view the photos in their traditional photo albums. So, I’ll continue to ponder this conundrum…. Moving with the times. So why am I writing about it?
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.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. I can’t export maritime incident data from the US Coast Guard (which could use some tech) but based on this report there were 18 bridge allisions in the United States between 1960 and 2015.
However, technology options are available for manufacturers to use that can help digitalize their operations without the expense (not to mention production downtime) of plant upgrades. 4IR has evolved from the previous three stages of the Industrial Revolution, and is the stage where the physical, digital and biological worlds merge.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Freightos Air index data shows Middle East – N. Europe prices (FBX11 Weekly) fell 3% to $3,523/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 5% to $3,927/FEU. Europe weekly prices were level at $3.81/kg.
The increasing transition from traditional sales channels to digital commerce isn’t breaking news for manufacturers. As recently as 2021, survey data reveals that 98% of manufacturers have, are, or are planning to implement an eCommerce strategy. There’s also the lingering concern: “Are we just too late to the game?”
Data is a crucial component of digital transformation in the manufacturing sector. In fact, it lies at the foundation of every digital initiative. However, data in itself is not a value driver. And simply accessing that data is not enough – organizations must be able to monetize it. Create new revenue models.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. The recent air cargo impact from the Red Sea diversions is a case in point in how airlines that invested in digitization in advance were able to maintain operations.
This is further processed into even more intricate calculations for a computer to understand, which is all data. Data is raw facts, figures and statistics that is further processed to produce useful output, known as information. And for each of these 8 bits, there is a one single digit. The exponential growth of data.
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.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Revisiting Booking Channels: The Digital Frontier It began with an age-old debate topic in the era of transformation: What functions should be done in-house and why? The data shows this too.
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
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. One of the key themes that emerged was the growing importance of data standards and integrations. The rate of tech adoption in logistics continues to grow. are growing too.
Finance and production can’t be working off different data sets. Automation is one of the keys to addressing all of these issues, but integration is just as important because management needs data to monitor these systems and continuously improve. It also collects data and tracks performance to provide a 360?
SYSPRO listens to different perspectives at two events in Kenya – one the CIO view and the other the CFO view on Digital Transformation – both November2021. When 27% of security/access is listed as user errors, and 9% are mistakes but 18% are malicious, users are twice as likely to intentionally harm data than make genuine errors.
How to Elevate Your Logistics Operations with AI & ML Technology Global supply chain organizations are embracing digitization to propel their supply chain planning to new heights. The need for solutions is where the power of digitization comes into play, addressing these challenges head-on.
(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.”
Instead of being relegated to the margins, executives must rethink their strategy and consider how a data-driven reverse supply chain can add more value and improve profit margins. The Benefits of a Data-Driven Retail Reverse Logistics Strategy. Greater recapture of revenue by assessing the real value of items returned.
in which factories are digitally transformed, manual processes are replaced with automated systems, and factories and supply chains are smarter. The digital factory. Manufacturers thriving on data. This combination of physical products and digital services allows for unique product offerings to be offered to B2B customers.
“What’s the best way to use data to beat your competition as a freight brokerage business?” Nevertheless, it all adds up to a greater demand for integrated systems and real-time data. Furthermore, real-time data and SaaS-based resources have additional value in the form of enabling management by exception.
Smart factories use IoT-enabled technologies like sensors and smart machines to generate data, often in real-time, to improve information about production processes and help decision-making. Together MOM and MES provide the intelligent systems to collect, deliver and analyze production data to empower industry strategy and smart factories.
In smart factories , physical and digital processes are integrated within the factory and across supply chains to optimize current and future supply and demand requirements. A companys ability to manage the flood of data coming from the factory floor and other areas is becoming critical.
With reliable data from ERP manufacturers and distributors can use data analytics to respond to challenges. Without the right data insights businesses are unable to understand the impact of all factors on their daily business activities and deal with supply and demand shocks. Digitalization to thrive into the future.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Passenger travel proved that digitized capacity and pricing benefits both carriers and customers, and that model is being applied and developed for air cargo.
Manual production lines are switching to automated assemblies and valuable data is being used to discover actionable insights into manufacturing operations. In the last decade alone, we have seen factories move from basic digitization to more predictive power. A connected and flexible digital shop floor.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. In this blog post, I describe the different paths these modes took and where things stand at the close of 2023. Here at Freightos, our vision is to digitalize international freight–air and ocean.
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.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Hurricane Milton battered the west coast of Florida last week.
A practical way that manufacturers can do so is firstly through using data in more comprehensive ways and secondly by embracing digitization to optimize their operations for the future. Optimizing the use of data for manufacturers. Obstacles on the data journey for manufacturers.
Several years ago, only the bravest and most ambitious enterprises embarked on the digital transformation journey, today the industry landscape has changed. To compete in this constantly changing market, manufacturers and distributors need more digital-driven services such as real-time production, tracking, and analysis.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Subscribe Now Judah Levine Head of Research, Freightos Group Judah is an experienced market research manager, using data-driven analytics to deliver market-based insights. Europe – N.
Manufacturing companies already know that digital technologies, such as the Internet of Things and Industry 4.0 , are transforming the way the industry operates. For many, however, figuring out where to begin the digital journey remains a challenge. A predictive, data management approach can minimize these losses.
Manual production lines are switching to automated assemblies and valuable data is being used to discover actionable insights into manufacturing operations. In the last decade alone, we have seen factories move from basic digitization to more predictive power. A connected and flexible digital shop floor.
Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? After all, data is the foundation of digital transformation, and according to McKinsey the pandemic caused companies to accelerate their digital transformation plans by three to four years.
In fact, 29% of businesses stated they would explore initiatives to address immediate needs and accelerate digital transformation. From our research 67% of businesses stated that due to digital initiatives such as e-commerce, digital supply chains and remote working, they could continue to trade effectively during the pandemic.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Subscribe Now Judah Levine Head of Research, Freightos Group Judah is an experienced market research manager, using data-driven analytics to deliver market-based insights. kg China – N.
Operationalizing digitization and automation. According to 57% of our global respondents, the modern finance leader must have the knowledge and proficiency to create an effective plan to transition into a digitalized and automated business. Which technologies and digital transformation initiatives are worth fighting for?
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