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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.
Sean is VP of Product at Denim , a trusted freight factoring partner on a mission to advance the supplychain by accelerating the movement of money and data. They explore the strategies for scaling these operations, the challenges of managing cash flow and capital, and the transformative impact of technology in the industry.
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. Gaurav Khandelwal and Joe Lynch discuss cash flow boost: 3 way scheduling for reducing holding costs.
In today’s fast-paced e-commerce landscape, last-mile delivery has emerged as a critical component of the supplychain. To address these issues, companies are adopting innovative strategies, including dynamic route optimization, real-time tracking, and even leveraging emerging technologies like drones and blockchain.
Kevin is the Vice President of Sales at Greenscreens.ai , a technology that provides predictive pricing recommendations for maximum broker margins. His expertise extends across a diverse range of industries, including healthcare, energy efficiency, logistics, and technology applications. Greenscreens.ai Greenscreens.ai Greenscreens.ai
Key Challenges in Fresh Grocery & Supermarket SupplyChains. Original article: Key Challenges in Fresh Grocery & Supermarket SupplyChains. Grocery retail supplychains have known a not-so-subtle secret for a number of years now: fresh is in. The Challenges of Grocery Retail SupplyChain.
Youve prioritized TMS capabilities, analyzed vendors, and sat through several system demos. But the heavy lift with integration usually involves the interaction between your companys internal systems and the TMS software. Each BPO can help assemble a complete picture of how the TMS software will support each business unit.
Automated systems and advanced workflows have brought new life to carrier operational excellence and collaboration with shippers. Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through good and bad times. Global supplychains continue to undergo digital transformation.
Today, industrial automation is rapidly making the “Jetsons” cartoon a reality. SupplyChain Dive reported, “Annual installations of industrial robots will jump from 450,000 a year in 2015 to 600,000 in 2022.” Thankfully, automation advances have arrived at the perfect time. . What Is OCR-Only Automation?
According to EFT’s SupplyChain Hot Trends to Watch for in 2019 , one of the most significant trends that we should be paying attention to this year is automation. Industry players have already begun experimenting with technologies like robotics and artificial intelligence.
How to Improve Exception Management with End-to-End SupplyChain Visibility. Original article: How to Improve Exception Management with End-to-End SupplyChain Visibility. This is why end-to-end visibility in a supplychain is so important. Shipping Exceptions & Exception Management in SupplyChains.
“What’s the best way to use data to beat your competition as a freight brokerage business?” Freight brokers are continually looking for the latest and greatest ways to add value and keep costs under control through new freight brokerage software. Real-time data increases customer service. Download the White Paper.
Global supplychains are growing and transcending traditional borders. As businesses continue to expand, outsource, and enter new markets, supplychains will continue to increase in complexity. Unfortunately, this is rarely the case, and the issue of supplychain fragmentation is only becoming more and more prevalent.
Today’s successful supplychain networks are adaptable. Technology is part of the problem. Selecting software for supplychain network design doesn’t have to be a hassle. Technology needs to be more accessible . Technology needs to be more accessible . This needs to change.
Some of the most cost-effective software and methods supplychain professionals and the best freight brokers can adopt are supplychain predictive analytics programs. While still relatively new to the supplychain, analytics implementations have skyrocketed in popularity since its birth a little over 10 years ago.
We’ve seen how the lockdowns in Shanghai snarled global supplychains. For shippers and retailers to understand the true peak season meaning, they will need a firm grasp on the realities of inflation, expectations, and the use of technology to get through it. Bottlenecks from future COVID-19 variants are possible.
Establishing a practical freight routing guide helps outline essential rules of engagement for vendors, clients and supplychain managers. Maintaining good compliance to these informational guides is critical to supplychain management and relies heavily on current data and automation.
Kinaxis is a leading provider of supplychain solutions. Kinaxis used to refer to itself as a supplychain planning supplier. They are now starting to call themselves a provider of supplychain “orchestration” solutions. Supplychain planning was a month-by-month fulfillment plan that extended out 24 months.
And that helps to create entirely new ways of viewing the supplychain to proactively hedge risk. . Understanding why rate forecasting is so vital and how accurate data and analysis can help improve predictions are essential. Lower profits mean less revenue for paychecks, upgrades and technology.
It is a brilliant tool.” The enterprise software company also announced a new analytics solution covering external workforce management. 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. My advice,” he concluded, “is just jump in.
Embracing a new and improved interoperability-driven approach that applies advanced logistics technology helps freight management parties realize improved profit margins. Embracing this new approach through a unified logistics technology stack will help streamline many daily processes and cut back on wasted resources.
Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. The Celanese SupplyChain 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 supplychain.
Monitoring freight market activity is an integral part of supplychains. Unfortunately, interpreting the data received is never straightforward. Erratic behavior in said data can lead to inaccuracies and confusion for carriers if the activity fails to conform to set standards. But what are these tools?
Load capacity limits play a crucial part in a supplychain network organization, logistics metrics management, and procurement in the shipping industry. Freight management parties need to understand why procurement falters without technology and how technology can boost sourcing across all industries.
You already know the biggest supplychain disruption of 2020: the COVID-19 pandemic. With that said, how can you keep your supplychain running as smoothly as possible in the meantime? The best way to safeguard your supplychain will be by building resilience into your operations. But ‘back to normal’?
3 min read Log-hub announces a major update to its SupplyChain Apps, delivering powerful enhancements that streamline cost management, route optimization, and data-driven decision-making. These features empower supplychain professionals with greater efficiency, cost control, and accuracy.
Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. And a new suite of products, ranging from artificial intelligence through visualization tools to see lane acuity, are changing the game. But how can technology help? last year and $2.19
When it comes to establishing truckload freight quotes for customers, it is essential to use automation to get the most accurate results and offer the most competitive rates. Creating quotes the old-fashioned way opens supplychains to several problems that can affect bottom-line profits and customer satisfaction.
A logistics routing guide can mean the difference between success and failure of pickup and delivery in a supplychain network. And technology is making it easier to prevent routing guide volatility and create more routing guide stability while increasing compliance. Faulty processes throughout the supplychain.
The technology boom of the past decade accelerated to a whole new level when businesses were suddenly sent home. As 2022 reveals a professional world that is more aware of the benefits of remote access to work, more supplychain professionals are choosing to invest in cloud-based technology and automation.
What’s in this Sustainable SupplyChain article : The problem of carbon emissions and waste derived from supplychains. The value of using technology to reduce wasted time and miles that contribute to higher carbon emissions. Unified data enables analytics to create efficiency and reduce emissions in several ways.
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 supplychain analysis. Things will go wrong. Think about it.
Automation continues to prove its value in building transportation and freight management relationships. Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. from 2020 to 2027.” from 2020 to 2027.”
A TMS is a software program that allows you to manage your entire supplychain, including your internal logistics department, suppliers, warehouses, carriers, vendors, etc. Instead, technology like a TMS simply helps you do your job more efficiently by automating those very manual and time-consuming tasks that we do every day!
With so many shipping modes and options to choose from and a wealth of innovative technology to take advantage of, it can quickly become overwhelming and confusing. Data represents an integral part of daily life for most people, and it is no different within the transportation industry.
As the world continues to face the health repercussions of the pandemic, the supplychain is also dealing with its own changes in the labor force. In December 2021, McKinsey and Company reported on United States data saying, “Job openings have risen above pre-Covid-19 levels as the economy bounces back.
Staying on top of the ever-changing omnichannel service options and keeping track of supplychain documents and freight documents remains vital for continued growth and success within competitive markets. Supplies big and small and all logistical teams and supplychain management teams can suffer from poor document management.
Why Many Companies Struggle with Logistics Management Inefficient Tools and Systems Far too many businesses rely on outdated and inefficient tools like spreadsheets and email for their logistics. Thats what its like not having any visibility into your supplychain. How do you know if your carriers are reliable?
One of the most popular tools that drives the supplychain 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 supplychain. Data access to see savings compared to truckload and other shipping methods.
With this evolving customer experience in logistics , more freight forwarders are incorporating automated customer engagement into their business strategies. Despite the maturing of automatingtechnologies, implementing them can be a difficult task. Inability to Integrate Automated Platforms Within Your Current Tech Stack.
Global supplychains suffer from limited visibility and a general want for supplychain intelligence in carrier sourcing , freight tendering and all other processes. Fully 70% of companies say their supplychain is either very or extremely complex and only 6% of companies have full visibility within their supplychains.
According to Dan Weinberger of SupplyChain Brain , “In a time of increasingly unpredictable consumer demand, traditional supplychains are struggling to keep up. Organizations that are still employing traditional methods will struggle to streamline end-to-end supplychain processes. Request a SONAR Demo.
Robotic process automation (RPA) refers to advanced softwaretechnology that allows business managers to efficiently build, deploy, and manage software robots, chatbots, AI machines, and automated processes. The benefit is that software robots can do it faster and more consistently than people.
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 supplychain network.
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