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Here are some great virtual logistics events that can help you stay up to date, engaged, and actively learning during each quarter. Q1 logistics conferences With the start of the new year, it’s time to start thinking about the National Retail Federation (NRF) logistics events too, but that’s not all there is to do. Register Here.
Table of Contents [Open] [Close] Significance of Last-Mile Delivery Optimization Implementing Innovative Strategies The Role of Data Analytics Sustainability: A Necessary Focus 1. Data-driven approaches, such as predictive analytics, facilitate real-time adjustments in delivery operations. Electric and Alternative Fuel Vehicles 2.
The occurrence of any of these events disrupts the global supply chain and can deeply impact profitability. One event could create so much churn, Mr. Al Syed explained. We needed to model the data in a way that we can do simple searching. This ends in a spaghetti approach to data integration. Data does not move.
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 And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences.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.
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 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.
During the event, Rishi Mehra, director of operations and strategy, and Kelly Williams, product manager, had just seven minutes to present a Rapid-Fire Demo of Engage Lane: an agile transportation procurement platform that streamlines the relationship between carriers and shippers and helps them uncover better ways to move freight.
More Resources Home October 15, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices fell 1% to $3.80/kg. kg last week.
The freight market continues to battle the freight recession that has been ongoing for over two years, and there have been signs that the market is slightly more sensitive to outside events. To learn more about how you can utilize SONAR data at your organization, request a demo.
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?
These major weather events affect transportation markets in the days leading up to the event and following the events in different ways. Major weather events hamper transportation markets from both the demand and supply sides of the market. Request a SONAR Demo. Request a SONAR SCI Demo.
Enterprise shippers and freight shipping managers have to plan and prepare for many processes and events that have yet to occur. The problem looms large for shippers and managers across the supply chain network, but the answer is out there – better utilization of smart data and automated processes. and it can all quickly add up.
New driver app and business intelligence offerings, how to save on fuel, upcoming events, and the latest Envase team member spotlight. Event: HTA Draytech 2022 Envase is excited to be the title sponsor of DrayTech 2022 as we showcase the latest technologies that move freight faster. Request a Demo. Just Launched ??:
Companies that can accurately predict market volatility trends, using indices with reefer data analytics , can ensure that they remain prepared in the event of replenishment issues. More insight via data analytics reduces the clicks needed to schedule and conduct business between shippers and carriers. Request a SONAR Demo.
As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. Measuring performance with transportation KPIs and freight data is getting easier. Transportation management depends on historical and real-time data. Think about this.
More Resources Home May 15, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. Europe weekly prices fell 12% to $3.60/kg.
Telematics refers to the integration of telecommunications and informatics to transmit data over long distances. In the context of last-mile delivery, telematics involves the use of GPS technology and onboard sensors to collect and transmit real-time data about vehicles, drivers and their activities.
More Resources Home April 16, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 69% to $6.17/kg
However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. And it’s in this space where big data analytics can add the most value.
More Resources Home September 25, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices fell 2% to $3.67/kg.
Within the ever-changing shipping and freight management market, there is an underlying need to know and understand shipping data trends running throughout the industry. Data infrastructure has changed with cloud infrastructure, complex event processing (CEP) and the Internet of Things.
The first event will be February 22-25th, with a second week in September 2021. Watch the demo video here to see how it will work. Thursday 25th: Transport Management IT Platform Decisions; Wearable Devices and Data Capture in Logistics; Pallets & Containers for Green Supply Chains.
SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. Request a SONAR Demo. Request a SONAR SCI Demo. Source: SONAR). Source: SONAR).
The action: prioritize carriers within the routing guide based on which are preferred for shipments, depending on origin/destination data. A good routing guide identifies the process necessary when errors occur, damage happens, or other events result in problems. Request a SONAR Demo. Request a SONAR SCI Demo.
Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. Lane Acuity also provides a measure of lane coverage favorability via the Lane Score, which evaluates multiple data points within the app. WHAT IS LANE ACUITY PLUS?
He is a frequent speaker at industry events and has authored various articles, papers, and patents. Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Learn more The post Two Modes, Split Roads appeared first on Freightos.
Reactive evaluation post-event is the norm. Drawing on Lora Cecere’s research again, companies are still thinking in transactional terms and not focusing enough on planning data. Get demos and pricing structure . Sign an NDA and share selective data with your preferred candidate(s).
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.
Customer relationship management systems collect and centralize all the important data about a business’ customers (and potential customers). This data usually includes the customer’s contact information, address, purchase history, social media engagement, email click-throughs, and dozens of other data points as they become available.
At the same time, you have all these terms – machine learning, artificial intelligence, big data. CAT Squared contributes with their knowledge of integration and their expertise in capturing data and creating great interfaces. IPPE is the largest poultry event in the world. A lot of different companies came to us for a demo.
The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.
Shifting gears to technology news, MercuryGate announced at its annual user conference this week the launch of MercuryMaestro, “an innovative, advanced business intelligence (BI) platform designed specifically to enhance the value and visual presentation of data captured within MercuryGate’s TMS solutions.”
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Request a SONAR Demo. Request a SONAR SCI Demo. Meanwhile, tender rejection rates have climbed 200 basis points since the beginning of August.
Big data provides an opportunity to gain those insights, especially during volatile freight markets. As further explained by Grainger , “Big Data gives businesses the ability to monitor products with laser-like focus as they move through their supply chain in real-time. Schedule a SONAR demo online to learn more.
And part of that implies a need to recognize the value of real-time versus lagging data too. FreightWaves’ Carbon Intelligence will unify the data streams to show current environmental impacts, total emissions and, most importantly, highlight opportunities to reduce them. Each of these generates data. Request a SONAR Demo.
Why you don’t need perfect data to start implementing S&OP – To truly improve business performance and predictability with S&OP, you need to embark on a change management process and you need the right technology to self-enable your team. Often, teams think they also need plenty of clean and accurate data to do it right.
The Kickoff: Starting Strong Just like a great kickoff sets the tone for the game, having real-time data is crucial to start your shipping strategy on the right foot. Leverage SONAR’s 24-hour data in TRAC to make quick decisions on load acceptance, routing and pricing. Ready to make winning plays this season?
The Kickoff: Starting Strong Just like a great kickoff sets the tone for the game, having real-time data is crucial to start your shipping strategy on the right foot. Leverage SONAR’s 24-hour data in TRAC to make quick decisions on load acceptance, routing and pricing. Ready to make winning plays this season?
Planned Events for Managing Forward Orders. A planned event is when your customer has a planned event where the future demand is known; for example scheduled repairs and maintenance. This gives you a number of benefits: Planned events, such as scheduled repairs and maintenance, can take place as planned. What’s new?
ShipChain Releases New Public Demo. Our first public demo video has arrived, and you can watch it out here ! We’re excited to share that our latest industry white paper, “ The Role of Blockchain in Navigating Black Swan Supply Chain Events ,” is live! You can register for the event here ! .
This type of data is exactly what Parade needs to get even better. Parade Reports Provide Visibility into the System’s ROI Beyond offering proof of the system’s value, this , data visibility can be used to improve performance and get more Book Now loads done in the future. Brokerages can learn a lot from that data.
While logging into a shipping data analytics engine like FreightWaves SONAR is an excellent way to keep tabs on the market, there’s another opportunity to stay in the know without being tied to a desk. Great Quarter, Guys covers the state of freight from a data driven research powered approach. Request a SONAR Demo.
This keeps the data clean and easier to use for forecasting going forward. Look out for such trends in your historical demand data and adjust your forecasts accordingly. Qualitative factors: Add any qualitative forecasting factors into your data, such as sales promotions, competitor activity or external market events.
Because let’s face it, this isn’t a once in a blue moon event. It adds back that crucial visibility necessary to pinpoint where to place accountability and allows supply chain managers to analyze data to figure out how to prevent similar instances in the future. So get ahead of the curve and look into blockchain for your supply chain.
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