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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.
Offering 1-3 day nationwide service, Maergo accelerates the end-to-end ecommerce & delivery experience through a comprehensive, proven network of providers, and simplifies the challenge many brands face of having to manage multiple carriers. Maergo takes care of it all through a single relationship.
Grafton is the Founder and CEO of Onward, a big and bulky shipping network that helps retailers offer local like delivery service, to their customers located in suburban and rural zip codes. Eliminating Inefficiencies: Onward’s data-driven platform tackles the inefficiencies of traditional big and bulky delivery.
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.
You probably see terms like blockchain, internet of things (IoT) and big data regularly take over your inbox. The latest trend revolutionizing the software and technology space are Network-Based Platforms. Network-based platforms have been around for several years in the consumer space, but now, […].
It stands to change the game as we know it by giving companies a better way to ensure traceability throughout vast supply chain networks. 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.
The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Evaluating different scenarios helps you gain much-needed network flexibility in these times of stress and can help you prepare for a resilient future. How are companies leveraging scenario modeling for network design and optimization ?
Despite the challenges, we’re proud of the collaboration from our employees, valued agents and carrier network, working alongside our customers to find creative solutions. This blog noted seven top resiliency tips, ranging from investing in technology to leveraging the value of a 3PL partnership. #3.
As an industry leader for the last 30 years, Richard is a frequent speaker at industry forums and a lecturer at Georgia Tech and is a founding member of the American Logistics Aid Network, a non-profit consortium serving Disaster Relief Agencies. Richard writes the DC Velocity blog on Analytics and Big Data. Richard Sharpe.
An ERP system is a valuable asset for automotive distributors looking to leverage the data they create and use. An ERP provides a central repository for all a distributor’s data. The data can be used to identify inefficiencies in the supply chain, improve inventory management, and streamline operations.
We often get asked what kind of return on investment you should expect to see when using our network design technology. Given that we are a data-driven (math-loving) company, we wanted to test this range by running some scenarios to see what kind of results companies can expect across a variety of verticals.
If issues persist longer than a week, other parts of the retailer’s network will absorb that freight.” The whole supply chain is one big network. You have a hurricane in Florida, and freight rates in Seattle are affected three or four days later,” “The whole supply chain is one big network.
To reap the rewards of a data-driven e-commerce returns strategy, logistics leaders should follow these steps: Keep all stakeholders working together and sharing the right information with related communications via API-integrated systems. Continuously measure performance with returns key performance indicators.
If you’ve followed our blog over the years, you’ll know that we’ve shared lots of information about distribution network design, why it’s 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.
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
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. What’s needed are systems that connect to business networks.
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.
On this episode of #WithSONAR, current SONAR subscriber Greg Morrow, the Director of Operations for ARL Logistics , discusses the importance of using data to grow and strengthen carrier and customer relationships with co-hosts Kyle Taylor and Luke Falasca. SONAR provides that data. ARL shows them “the why behind the what.”
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?
Falasca and Taylor also discuss how shippers can reduce network risk by using SONAR’s various forecasting tools to give visibility into key metrics. Because that is true, that is why shippers, brokers and carriers need FreightWaves SONAR – the freight forecasting platform with the most current data and insights.
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.
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.
The FreightWaves SONAR Supply Chain Intelligence (SCI) platform now features emissions calculations that are compliant with the GLEC Framework, deepening its carbon intelligence data. SONAR SCI also has rate benchmarking and network analysis capabilities, making it a one-stop shop for measuring trucking network effectiveness.
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.
Improved railway fluidity is one of the few areas where transportation networks are improving, but even in that mode, terminal congestion remains rampant. In preparation for next year’s bid season, and for purposes of managing day-to-day carrier networks, we first recommend evaluating the performance of your current carriers.
Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. Of course, carriers want their transportation networks to be as profitable as possible. Applied data lowers the risk of over-valuing or under-valuing trucking costs. Think about it.
Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes. Data access to see savings compared to truckload and other shipping methods. Data accuracy can and does impact freight transportation in a significant way.
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.
Big data in the supply chain is nothing new. Nearly every shipper, broker and carrier collects and uses data to derive insights, including predictive rates. The value created with real-time data and right-now lane-level analysis to enforce compliance. To help enterprise shippers find and overcome these risks, analytics can help.
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.
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.
Improving the t ransportation networks and enhancing fleet asset utilization can be challenging. Loads per truck per week – Knowing these ratios will help highlight potential missed load opportunities within the network. Capture and analyze data inside and outside of your network to benchmark performance.
(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.”
Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through good and bad times. Achieving that goal hangs on a carrier’s ability to capture meaningful data. Autonomous processes are only as valuable as the data that powers algorithms and decision-making.
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.
As further explained by Deloitte , “business cases show how new technologies – from smart sensors to advanced data analytics to cognitive computing – are transforming traditional linear supply chains into connected, intelligent, scalable, and customizable digital supply networks to help reduce costs and drive sustainable growth.”
Direct access to SONAR Lane Score within MacroPoint Capacity helps brokers maximize efficiency by bringing in useful data into one platform. The combination of MacroPoint Capacity and SONAR Lane Score lets brokers shore up efficiency by bringing data into a single platform.
With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.
In this blog post, we’ll explore some key strategies for scaling your ecommerce business in 2025. Leverage Data and Analytics Data can provide valuable insights into your customers’ behavior, preferences, and purchasing patterns. Conclusion Scaling your ecommerce business requires careful planning and execution.
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.
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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. Now, were taking it a step further. In case you missed it! Read More In case you missed it!
Automatic Carrier Selection — ShipMonk’s Virtual Carrier Network automatically selects the optimal shipping carrier and method for each order, based on the package’s size, weight and destination as well as carrier rates, availability, and reliability. Contact ShipMonk today.
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