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Gaurav is the Founder and CEO of Velostics , a logistics Software-as-a-Service (SaaS) company specializing in unified scheduling of appointments, dock and yard management and digitizing the gate in/out process for shippers. With Velostics, businesses can streamline their processes, reduce costs, and improve their bottom line.
Sean is VP of Product at Denim , a trusted freight factoring partner on a mission to advance the supply chain by accelerating the movement of money and data. Tune in for a deep dive into the logistics and operational tactics that can spell success for SMB freight brokerage businesses.
Kevin Coomes and Joe Lynch discuss navigating the freight downturn in the logistics and transportation space. His expertise extends across a diverse range of industries, including healthcare, energy efficiency, logistics, and technology applications. logistics market. and Revenova, LLC. Greenscreens.ai
Gaurav is the Founder and CEO of Velostics , a logistics Software-as-a-Service (SaaS) company specializing in unified scheduling of appointments, dock and yard management and digitizing the gate in/out process for shippers.
Table of Contents [Open] [Close] Significance of Last-Mile Delivery Optimization Implementing Innovative Strategies The Role of Data Analytics Sustainability: A Necessary Focus 1. They play a vital role in boosting customer satisfaction and maintaining a competitive edge in the logistics market. Avoiding Delivery Density Issues 3.
One of the most crucial aspects of logistics management is the process of trade agreements and annual negotiations. Reaching mutually beneficial service level agreements (SLA) or trade agreements depends on the access and utilization of current logisticsdata and a decent amount of preparation. Download the White Paper.
Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. According to Supply Chain Digital , “although new, AI-driven concepts are being introduced, they aren’t new to the logistics sector. last year and $2.19 the year prior. last year and $2.19
Take a moment to think about the biggest advancements in logistics. 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. Consider the following example.
More Resources Home October 22, 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. Freightos Air index data shows Middle East – N.
For example, if an asset issue was detected, solving that issue could involve multiple applications used by multiple people, seeing different information, entering different data, bouncing emails and texts back and forth, and moving information from one place to another. We needed to model the data in a way that we can do simple searching.
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. Volatility is the one constant in logistics.
One of the most significant challenges facing logistics managers is route optimization. Data represents an integral part of daily life for most people, and it is no different within the transportation industry. Data represents an integral part of daily life for most people, and it is no different within the transportation industry.
Do you dream of breaking up with your current logistics management processes? Managing logistics effectively is crucial for businesses of all sizes. Many growing companies face headaches with logistics management, and for good reason. This makes measuring the success of your logistics difficult! Youre not the only one!
Global trade data and shipping demand management are not just things that high-tech companies and international investors need to worry about. It has been and remains a key part of the transportation and logistics puzzle for enterprise shippers today. Streamline data collection and analysis. Download the White Paper.
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.
And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Recognize that not all loads are as lucrative as meets the eye, letting data do the talking Benchmarking may be the first step, but the next focuses on identifying the less-lucrative loads.
#WithSONAR hosts Luke Falasca and Kyle Taylor are joined by Chris Seeds, Director of Sales at Bridge Logistics. They discuss how to use freight data to improve conversations and build trust with your customers. Watch the episode below: Bridge Logistics is based in Cincinnati, Ohio. Request a SONAR Demo.
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. Download the White Paper.
“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.
(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.”
At one of the demo booths, what stood out was the ability of the procurement solution to track savings leakage over the course of a contract. SCCN solutions allow trading partners to collaborate across defined trading partner processes based on a common data model. SAP’s Business Network is a supply chain collaboration network.
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.”
Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. Where a supply chain is weak, analysis and advisory teams can fill in the gaps – seeing the correlations between data points and real-time load operations and profits highlights potential problem areas.
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.
Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. And it’s essential to know a few things about enterprise shippers’ top logistics tactics.
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 SOX Compliance?
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.
Relying solely on manual shipping data analysis continues to yield poor results. The old ways of recording, processing and responding to analytical data need a streamlined approach. Analytics help companies make data-driven decisions to find the most lucrative loads It’s important to recognize a core problem among logisticians today.
Optimizing your logistics can make all the difference in your business’s bottom line. However, to fully understand your logistics processes you need to look at your logistics analytics. Find out these priceless tips on improving your logistics processes. Get started with a demo of Trinity's TMS.
Today, freight load management is a major trouble area for carriers and logistics managers within the shipping industry. 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. Why outdated data hurts carriers in the short- and long-term.
This becomes especially significant for the carbon footprint of companies in transportation, logistics and supply chains, including the added expenses associated with reefer during the warmer months. The data reveals the most cost-effective ways to transport goods, thus reducing the supply chain industry’s carbon footprint.
A logistics routing guide can mean the difference between success and failure of pickup and delivery in a supply chain network. The logistics routing guide further includes details about the modes and carriers that prove influential. These are just some of the supply chain difficulties that get addressed with logistics routing guides.
Therefore, enterprises need to know how to apply transportation data to increase on-time shipping performance. . Aggregate data from beyond the four walls of your business. Yet all benchmarking begins with access to the right supply chain data. Augment on-time shipping performance with freight data at your fingertips.
While there is much truth to the hype, it is important to stay practical and understand the logistics applications of blockchain and what they mean for you and your organization. Logistics Applications of Blockchain Maintain Data for All Parties. It also affects reverse logistics.
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. But the volume of available digitalized data, and the number of tools, solutions and platforms that supply chain stakeholders are using (juggling?) are growing too.
Successful supply chain management depends on the ability to collect data and apply it accordingly. As explained by Grainger , “In today’s global economy, technology trends like the Internet of Things (IoT) and Big Data have become an indispensable part of everyday business. And major companies have taken notice.
More Resources Home November 21, 2023 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 increased 25% to $4.23/kg.
More Resources Home January 30, 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. Freightos Air Index data shows that China – N.
Today’s grocers are capturing copious amounts of transactional data in interactions with customers both online and offline. Proactive grocery supply chains are using emerging technologies such as world-class trackers and software to gain a deeper level of visibility into cold chain shipping and food logistics in general.
More Resources Home November 7, 2023 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 21% to $5.72/kg
Staying up to date with the latest trends , technology and innovations is important within any industry, but it is particularly true of the logistics and shipping industry. Here are some great virtual logistics events that can help you stay up to date, engaged, and actively learning during each quarter. Register Here. Register Here.
The freight market is always changing; that is why you need the freight forecasting platform with the most current data and insights. FreightWaves SONAR has near-real-time data – the fastest and freshest data available. Using old data in a volatile market can be very costly. Request a SONAR Demo.
In logistics, many vital processes remain outdated and subject to manual management. Embracing a new and improved interoperability-driven approach that applies advanced logistics technology helps freight management parties realize improved profit margins. Repetitive tasks eat into working hours and increase wait or processing times.
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