This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Shippers, brokers, carriers, news organizations and industry analysts rely on DAT for trends and data insights based on a database of $150 billion in annual market transactions. He is responsible for driving strategy, customer engagement, and industry analysis. He was named a Pro to Know in 2021 by Supply and Demand Chain Executive.
Thad Price and Joe Lynch discuss the Talroo story. Thad is CEO at Austin-based Talroo , a data-driven job and hiring event advertising platform that helps businesses reach the candidates they need to build their essential workforce. About Thad Price. He provides leadership, strategy, and guidance to all departments.
Curtis is hosting the industry’s first live LTL Mastermind Event, November 9 th and 10 th in High Point, North Carolina. Curtis’ career has taken him through LTL operations – both driver and dock, Weights and Research, pricing, yield management, strategy, sales, and technology. The Greenscreens.ai
Winning business is a one-time occurrence, not repetitive events. Every sales opportunity comes down to a price war. You have plenty of sales activity data, but not metrics to drive revenue. All New Sales Differentiation Strategies to Outsmart, Outmaneuver, & Outsell the Competition. Key Takeaways: Sell Different.
Traditional supply chain planning, which relies on historical data and reactive adjustments, is no longer adequate for managing these challenges. They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks.
Bart is Chief Industry Officer at project44 where he drives supply chain industry thought leadership and supports customers with their logistics and supply chain strategies. He also leads the Sustainability strategy and roadmap at project44. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins.
By integrating Nauto’s AI-powered Video EventData Recorder (VEDR) solution with Beans.ai’s precision location data and micro-routing technology, the collaboration offers a comprehensive solution tailored to meet the needs of last-mile deliveries, including VEDR compliance. Nauto and Beans.ai
Ben Gordon and Joe Lynch discuss highlights from the BGSA Conference , an annual event designed to bring together top industry leaders from all segments of the supply chain and provides an intimate and candid setting where CEOs and leaders can privately network and explore ideas with their peers. The Greenscreens.ai
Mary O’Connell is a former pricing analyst, supply chain planner, and broker/dispatcher turned creator of the newsletter and podcast Check Call. Expertise in operations, LTL pricing and procurement, flatbed operations, dry van, tracking and tracing, reality tv shows and how to turn a stranger into your new best friend. FreightWaves
With logistics, labor, and inventory costs on the rise, finding targeted ways to reduce expenses can have a significant impact on your bottom line. Here are seven proven strategies every supply chain manager should explore to streamline operations, boost efficiency, and drive profitability.
Just as your body needs multiple defense mechanisms to fight off illness, your supply chain needs various strategies to handle disruptions, whether they’re local supplier issues or global crises. Let’s look at five proven strategies that can help you create a more resilient supply chain.
For example, an ERP for automotive distributors needs to include not just a standard sales function but also allow for automotive-specific processes like call-offs and contract pricing, as well as other processes like returns and lot traceability. An ERP provides a central repository for all a distributor’s data.
Boosting Sales in the Logistics Industry: Proven Strategies for Growth In todays competitive logistics industry, increasing sales requires a combination of strategic planning, advanced technology, and a customer-centric approach. Below are key strategies to enhance sales and drive revenue in the logistics sector.
AWS , Google , and Microsoft are also investing heavily in custom AI chips to reduce their dependence on NVIDIA and optimize performance and cost. Edge Hardware: The battle for edge hardware also intensified in 2024, as companies sought to deploy AI capabilities closer to the source of data. billion in funding.
This increase in spending is not due to candy prices rising, the results from the survey show an overall candy prices only increased 0.9% The data is accessible to state U.S. The investigation will assess whether Temu is meeting DSA requirements, particularly regarding providing access to public data for researchers.
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 prices (FBX11 Weekly) fell 11% to $3,625/FEU.
In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supply chain professionals build their strategies. LLMs fueling data-driven decision-making LLMs have stormed the tech landscape in recent years, and their applications in supply chain management are nothing short of transformative.
Fuel prices and a shortage of drivers are putting transport logistics under immense pressure. Add to that the rising fuel prices and inefficiencies – Eurostat has found that every fifth journey is an empty truck – and the transport industry is facing major challenges which must be addressed as quickly as possible.
Your organization’s ability to anticipate disruption, adapt to events, and build resiliency is rooted in how you maintain operational continuity. A wide range of events could prevent your supply chain from operating normally, but not all events have an equal impact. The average cost of a data breach reached $3.86
At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.
In today’s dynamic and unpredictable business environment, companies face various challenges such as changing consumer demands, global uncertainty, and the impact of natural and man-made events. The common goal for all categories of product is that they must be available at the right time, right quantity and right prices.
Whether it’s a pandemic, severe weather events, trade disputes and tariffs, economic upheaval, or even unexpected surges in customer demands, you can’t prepare for every eventuality. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic.
So everything in the retailer’s Supply Chain strategy needs to be focused on the customer, and of course the shareholders, that goes without saying. Effective retail supply chain management also helps to manage inventory levels, reduce waste and ultimately customer satisfaction. Price; this needs to be competitive.
Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products. Price Volatility. Price volatility is expected to continue into 2023, spurred by inflation, rising interest rates and fears of recession.
1) Streamlined Data Flow and Process Automation Is all about AI At the heart of effective supply chain automation lies the seamless flow of data across various sources and digital platforms, akin to a well-constructed highway for data. 2) AI-Infused Data Quality Assurance Ok, we built the proverbial highway.
Freight Prices Going Forward. Last week, for the first time in eight years, OPEC decided to cut oil output by about 1.2 And they are also confident of soon securing a commitment from some non-OPEC countries to cut about 600,000 barrels a day. The Year of the Rooster: Early Freight Pricing. OPEC Or The Chinese New Year?
6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. In this post we will talk about how you can improve your transportation management program by focusing on using data, extracted from the use of technology, such as a transportation management system, that then people can use to continuously improve.
But beyond that, shippers today also expect their logistics partners to provide them with technology solutions, timely and accurate data, and business intelligence and analytics capabilities. The post The Role of TMS in a Logistics Partner’s Strategy and Value Proposition appeared first on Talking Logistics with Adrian Gonzalez.
Geopolitical events. Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts. Natural disasters. Tariffs and trade regulations. The rise of ecommerce. The growing influence of social media. blockchain), and video-based collaboration/content sharing.
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. Europe prices(FBX11 Weekly) increased 7% to $3,545/FEU.
Webinars Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search Adam White - February 29, 2024 LinkedIn Live Webinar On-Demand: Transportation Cost: The impacts & how to gain visibility to the right data What’s the Topic? Do you have more questions about this logistics topic?
Organizations must take the following steps to bring departments together to create truly resilient and sustainable supply chains: Leverage external data to sense market shifts Look to external causal factors and forecasting models to identify market shifts. By identifying these gaps, you can create sourcing events to close them.
Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Preparing your supply chain for resiliency begins with risk management and a proactive strategy. The average cost of a data breach reached $3.86 It’s not enough to have a Plan B, just in case.
Most shippers, carriers and logistics service providers understand the importance of data collection and data-driven decision-making. Data collected over time provides intelligence, enabling companies to enhance long-term decision-making. Artificial intelligence is a potent tool that helps companies get the most from their data.
The systems promised to provide the sharing of data between trading partners, but in the end, to do so, users are still left logging into dozens of systems, using dozens of communications channels like text, email, or other messaging apps, spending hours manually collecting data to build reports, and executives are hoping to see an ROI.
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. Europe prices(FBX11 Weekly) increased 17% to $4,151/FEU.
When my fiance heard about the price, he advised that I find a local hairdresser and set up a frequent-shopper account with them for a few months until the tool is back in stock. We can say things have changed, and the pandemic is not just an anomaly event after all. Data cleansing and data robustness.
Just a few years ago, many faced repeated price increases of more than 10-15 percent over . Regardless, there’s a few other ways that more technology and strategic partnerships can add value, particularly in terms of data and centralized freight management. . Enabling Data-Driven Decision-Making .
Furthermore, there is much discussion about the word “transitory,” as used by Federal Reserve Chairman Jerome Powell to describe what he believes is like a short-term phase of price increases. Data as recent as the end of June 2021 show that inventories remain below 1.3 This Summer’s Sales, Prices, and Supply Chain Performance.
With gasoline prices reaching record highs , transportation managers must make smarter decisions that minimize road miles and associated costs. Digital control towers sit at the heart of the supply chain ecosystem, gathering real-time data on current conditions. Digital Control Towers.
Oil prices tanked, cancellations increased and Maersk drilling and supply chain services would run up nearly $2 billion dollars in annual losses. So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services.
1: From Support Role to Centre Stage At the point of sale, customers today enjoy an unprecedented degree of choice in the range, price, and quality of products on offer, primarily due to the development of mobile technology, connectivity, and platform-based commerce.
Another company, Packsize, explained how its On Demand Packaging eliminates waste and saves customers money. In another session, an Anheuser-Busch representative explained how the company uses data insights to improve pricing and supply chain forecasting.
The initiative involves placing RFID tags on packages and wearable devices on employees to eliminate manual scans, reduce misloads, and accelerate parcel throughput in the delivery giant’s warehouses. The booming shopper interest in sustainability is having a major influence on supermarket operating strategies. buildings.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content