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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?
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently.
These enhancements help carriers meet tighter delivery windows and ensure accuracy, enabling them to stay competitive in the fast-paced e-commerce market. Navigating urban areas, handling narrow delivery windows and meeting higher customer expectations require new strategies and investments in technology.
By incorporating telematics and dash cam data from its customers into its integrated risk management model, HDVI is able to select, price, manage, and retain risk more accurately and efficiently than incumbent commercial auto insurance providers. Learn More About The HDVI Story. Chuck’s LinkedIn. HDVI LinkedIn. Customer testimonials.
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. .
BlueGrace Releases Comic Book Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 12, 2024 DC Velocity Staff | DC Velocity March 12, 2024 Move over Marvel, BlueGrace Logistics has entered the comic book market. My ancient spreadsheets have all the answers?
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.
A meeting between two pioneers during a cocktail party in 1956 turned out to be a defining moment in the world of manufacturing. Of course, robotics does not tell the full story, as the world of manufacturing has evolved even further over the last few decades, with the rise of data and smart, autonomous systems. The post Industry 4.0:
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?
It requires a multi-stakeholder approach to ensure today’s ERP channel professionals – as well as future specialists – have the skills to meet the needs of manufacturing industry customers. The post Investing in channel talent to meet evolving manufacturing industry needs appeared first on SYSPRO Blog.
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 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.
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.
Discover how these innovations are helping businesses stay agile, reduce costs, and meet customer expectations more effectively. These technological advancements are solving the real pain points companies face: inefficiencies, communication breakdowns, and lack of visibility. Listen now!
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.
Maintaining good compliance to these informational guides is critical to supply chain management and relies heavily on current data and automation. Missing data amounts to inevitable routing guide failures Data is king in today’s ever-changing market, and it is only becoming more vital for supply chain operations and management.
“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.
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.
Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. However, the data [that powers them] hasn’t previously been utilized to its full capacity until recently.” Take the example of RCRPMF.USA in the image. last year and $2.19 the year prior.
If youve followed our blog over the years, youll know that weve shared lots of information about distribution network design, why its vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.
H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. Global retailers use data to understand lead time Successful supply chain operation at any stage hangs on the ability to stay on top of shipping and transport logistics. Request a SONAR Demo.
They help businesses organize and analyze data, leading to better decision-making and improved efficiency. In this blog, we’ll explore how they are used in various aspects of the supply chain, including transportation, inventory management, demand forecasting, and network optimization.
Unlike many companies however, we are writing a blog post about it…but why? While everyone at Stord accomplished a lot in 2023, let’s take a moment to meet some of our leadership team, and explore what they have planned for 2024 and beyond! We also launched the Culture Club, a collaborative monthly meeting of volunteers across Stord.
East Asia – April 29, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. April 29, 2025 Blog Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $2,328/FEU.
Data for the BlueGrace Logistics Confidence Index is aggregated through a survey of shippers and reflects all freight transportation modes, while correlating growth or shrinkage to the overall industry volume of shipments and the price of products, according to BlueGrace.
In our previous blog, we explored how matrices enhance supply chain efficiency, from inventory management to logistics. By leveraging these technologies, businesses can optimize operations, reduce costs, and make smarter, data-driven decisions. This helps companies stay efficient while meeting customer expectations.
This data allows supply chain managers to make quick, informed decisions in the event of a disruption, avoiding potential bottlenecks. Thanks to DGL’s proactive contingency planning, we rerouted their shipments through an alternative port in time to meet deadlines, saving the client $500,000 in delayed production costs.
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. Hackers were able to exploit a bug in the software and successfully execute the data breach. As it stands, there aren’t enough truckers on the road to meet the growing demand.
He suggested that businesses are more likely to prosper if they focus on meeting the needs of customers, instead of selling products. The first thing for any 3PL to do is to understand the nature of its market and the need it meets. Like other valuable contributions to marketing or other fields, Levitts premise was simple.
Every minute saved, every optimized route and every streamlined process can make a significant difference in meeting customer expectations and staying ahead of the competition. Telematics refers to the integration of telecommunications and informatics to transmit data over long distances. That’s where telematics comes in.
2- Omnichannel logistics Omnichannel logistics will become a critical component of meeting customer expectations by 2025, as the real and digital environments grow more integrated. Companies may use the massive amounts of data collected by these devices to spot patterns and trends, anticipate problems, and optimize their operations.
Modern machinery is commonly fitted with real-time sensors but these are not very useful if there is no way to view and action the data from the sensors. Therefore, companies should have a system to collect and consolidate the data for reporting and analysis. This can be used in costing analysis and equipment profitability.
In this blog we will unpack the pros and cons of low code and why it can be a smart investment for your business in securing a digital future: The pros of low code. Faster implementation – Applications can be quickly deployed or updated to meet rapidly changing business or operational requirements. The cons of low code.
It’s a strategic move you’ve likely pondered over countless meetings and budget reviews. 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?”
Additionally, most planning tools fail to incorporate the abstract data that’s required for this stage. How can you account for new products that don’t exist in master data? Often, demand planners are located in supply chain, where there is more data affinity. Pitfall #5: Not recognizing that assumptions drive the numbers.
It’s common that manufacturing and distribution enterprises would use a third-party Business Intelligence (BI) solution to analyze and interpret data from their ERP system. One of the key strategies is leveraging embedded analytics within their ERP system to make faster data-driven decisions.
What you will learn in this blog: The Vital Role of Temperature-Controlled Shipping Challenges and Solutions for Temperature-Controlled Protein Shipping Utilizing Technology to Simplify and Drive Efficiency As temperatures climb, the excitement for grilling season intensifies.
Manufacturers and distributors want to dramatically increase their efficiency, productivity and accuracy through smart technologies, data analytics and connected services. Digitization: from analogue information to digital data. The first step, therefore, is to get all your information – documents and data – into a digital format.
Customer centricity remains key to manufacturing for blog. SYSPRO’s research revealed that only 20% of businesses had invested in data analytics tools to process and analyse the data that they were collecting, while only 5% of businesses had investigated AI and ML to draw any long-term benefit from the data collection.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. kg – with some carriers adding transpacific capacity to meet growing demand. Asia-US East Coast prices(FBX03 Weekly) increased 2% to $$8,253/FEU. Europe prices(FBX11 Weekly) increased 2% to $7,130/FEU.
An ERP system also helps set and enforce quality standards at every stage of production, automates inspection processes and provides real-time data to help manufacturers detect and address issues promptly. The post How Food & Beverage Manufacturers Can Optimize Production with an ERP System appeared first on SYSPRO Blog.
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. kg China – N. Europe – N.
Imagine an e-commerce company running a Black Friday sale and running out of a top-selling item due to outdated stock data. Real-time inventory tracking ensures that as soon as an order comes in, your team has accurate data on product availability, streamlining the entire fulfillment process.
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.
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