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What Shippers and Retailers Need to Know for Peak Season Planning 2022. Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. We’ve seen how the lockdowns in Shanghai snarled global supply chains. WRITTEN BY STEFANY MARTIN / POSTED ON JUNE 9, 2022. Weather events might also be factors.
Kinaxis is a leading provider of supply chain solutions. Kinaxis used to refer to itself as a supply chain planning supplier. They are now starting to call themselves a provider of supply chain “orchestration” solutions. They are now starting to call themselves a provider of supply chain “orchestration” solutions.
In today’s fast-paced e-commerce landscape, last-mile delivery has emerged as a critical component of the supply chain. Table of Contents [Open] [Close] Significance of Last-Mile Delivery Optimization Implementing Innovative Strategies The Role of Data Analytics Sustainability: A Necessary Focus 1. Avoiding Delivery Density Issues 3.
Drayage planning is essential for global retail shipping supply lines and deals primarily with ocean imports. This is also known as first-mile shipping and planning protocol. As explained by Supply Chain Game Changer , “Drayage services are more essential than ever.
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. Proactive planning is among the most effective weapons logistics managers have in their arsenal. Download the White Paper.
Key Challenges in Fresh Grocery & Supermarket Supply Chains. Original article: Key Challenges in Fresh Grocery & Supermarket Supply Chains. Grocery retail supply chains have known a not-so-subtle secret for a number of years now: fresh is in. The State of Fresh Grocery & Supermarket Supply Chai n.
The Celanese Supply Chain Celanese Corporation (NYSE: CE), headquartered in Dallas, Texas, is a global chemical and specialty materials company with revenues of over $10 billion. The chemical industry has a complex supply chain. The occurrence of any of these events disrupts the global supply chain and can deeply impact profitability.
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.
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.
Establishing a practical freight routing guide helps outline essential rules of engagement for vendors, clients and supply chain managers. The purpose of these specialized guides is primarily to enable a quick adaptation of a shipment plan agreement between involved parties. Download the White Paper.
What is Supply Chain? Supply chain is essentially the entire behind-the-scenes network that links a product from its point of origination to its final destination. Supply chains are often very complex as they encompass all vendors, warehouses, retailers, and so on that bring a product to life and then to a customer.
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.
This solution allows human resource managers to review performance against over 50 external workforce key performance indicators, access global market intelligence (including rates, talent supply and demand, and time-to-hire trends), and track progress across diversity and worker health and safety initiatives.
And that helps to create entirely new ways of viewing the supply chain to proactively hedge risk. . Understanding why rate forecasting is so vital and how accurate data and analysis can help improve predictions are essential. On-demand access and shareability of essential data and information. Download the White Paper.
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.
One of the most popular tools that drives the supply chain to new heights is the process of intermodal freight shipping. This is seen exceptionally well when looking at rail capacity and transportation rates for the modern supply chain. Data access to see savings compared to truckload and other shipping methods.
Global supply chains are growing and transcending traditional borders. As businesses continue to expand, outsource, and enter new markets, supply chains will continue to increase in complexity. Unfortunately, this is rarely the case, and the issue of supply chain fragmentation is only becoming more and more prevalent.
Youve prioritized TMS capabilities, analyzed vendors, and sat through several system demos. All this will help guide the data requirements that support an AP integration of the TMS software. Youll first want to map out your existing supply chain processes. The time has come to implement a transportation management system (TMS).
Data-driven transportation management , including the checks and reviews that accompany healthy data management practices, are part of the process of getting the most out of the tech stack. This remains key to the overall success of investments within supply chain analysis. Things will go wrong. Think about it.
And while leveraging a freight rate index or ocean import data to lower detention risk , the sheer size of the supply chain makes management difficult at best. Freight management is the story of supply and demand Freight management is a cycle on a macro-scale. It comes down to a simple story of supply and demand.
Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. Fully 70% of companies say their supply chain is either very or extremely complex and only 6% of companies have full visibility within their supply chains.
3 min read Log-hub announces a major update to its Supply Chain Apps, delivering powerful enhancements that streamline cost management, route optimization, and data-driven decision-making. These features empower supply chain professionals with greater efficiency, cost control, and accuracy.
(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.”
In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.” Measuring performance with transportation KPIs and freight data is getting easier. There should also be a clear lane or route planning guide that considers volume forecasts in use, so freight costs can be recorded and analyzed during auditing.
Is your gut feeling telling you ‘ ’My Supply Chain network fulfills customer demand, but, what-if…? ’’ You are positive your company’s network design requires some restructuring, but you don’t have the assets to convince the rest of the team? What to expect from Supply Chain Scenario Comparison? We got you!
With this release, Log-hub introduced two new features to their platform, ‘Save in Platform’ and ‘Scenario Comparison’ Additionally, they launched a new app, Freight Matrix. is tailored to the needs of supply chain professionals, bringing in a range of necessary enhancements. Try a demo The post Log-hub 3.4:
Some of the most cost-effective software and methods supply chain professionals and the best freight brokers can adopt are supply chain predictive analytics programs. While still relatively new to the supply chain, analytics implementations have skyrocketed in popularity since its birth a little over 10 years ago.
This must always remain the focus of the entire supply chain. 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. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them.
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. must comply with SOX.
Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses. Without a clear picture of what money is coming in and going out of the supply chain, common challenges and disruptions can have an even greater impact. Ongoing wasted resources.
But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Here are a few things managers need to keep in mind when working with real-time freight data for pricing purposes. . Shippers may not track this data independently.
Today’s successful supply chain networks are adaptable. Selecting software for supply chain network design doesn’t have to be a hassle. The process of selecting software for supply chain network design needs to change. In the end, supply chain teams get frustrated and sometimes the software gets shelved.
You already know the biggest supply chain disruption of 2020: the COVID-19 pandemic. With that said, how can you keep your supply chain running as smoothly as possible in the meantime? The prevailing effects of COVID-19 are uncertainty and disruption; the key to planning ahead for 2021 will be to analyze the effects of 2020.
According to Supply Chain Brief , “In such an environment, no one can truly predict what is going to happen. 2021 trends will further reflect the necessity for data-driven decision-making After seeing some unexpected shipping trends last year, 2021 will make no difference in the long-term outlook unless carriers learn from their mistakes.
Enterprise shippers and freight shipping managers have to plan and prepare for many processes and events that have yet to occur. Outlook and predictive planning are a big part of successful supply chain operations. Poor data analytics cause disruptions. This is particularly true for truckload shipping procurement.
Enterprise shippers are looking for ways to capture and analyze more data Making the most of available technology has always been critical for fine-tuning a supply chain. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. Download the White Paper.
Managing the manufacturing supply chain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. Supply chain constraints are impossible to avoid, but they can be planned for to reduce their impact. It is what sets manufacturing supply chain companies apart.
While border restrictions and tariffs can be difficult to navigate, the right tools and planning can put delays and issues in the rearview. In many cases, accounting for customs can force delivery businesses to form contingency plans, reroute deliveries or expedite shipments using premium services, all of which can result in added costs.
Data has become an integral part of the supply chain network’s daily operations and is inseparable from the modern processes that govern procedures involved in transportation. Anything other than up-to-date, near-real-time freight data will make the work of the management team all the more difficult. Request a SONAR Demo.
Performance measurement and improvement, using transportation KPIs , are vital aspects of modern supply chain management. Successful performance measurement and management contribute to enhancements and help to optimize supply chain resources. Use predictive modeling to determine expected carrier costs based on different scenarios.
More Resources Home November 15, 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. Freightos Air Index data shows China – N.
However, when it comes to rates and calculation and how the load sizes and types affect those fees, shippers must visualize the entire supply chain network. The supply chain is a complicated and interconnected web of lanes, channels, shipping modes and methods. Increase data-driven decision-making with freight forecasting.
With all the disruptions in the supply chain since 2020, the last mile has been in a constant state of flux. It provides shippers access to a large network of last-mile providers (FRONTDoor Partners) as well as developing technology like route optimization and planning tools, and other tech commonly requested by its FDPs.
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