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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 isn’t called the Bloomberg of Freight for nothing – they have actionable data that enables better decision making for carriers, shippers, and 3PLs.
An ERP system is a valuable asset for automotive distributors looking to leverage the data they create and use. An ERP provides a central repository for all a distributor’s data. The data can be used to identify inefficiencies in the supply chain, improve inventory management, and streamline operations.
Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk.
Logistics Business Magazine’s editor Paul Hamblin meets a track-and-trace solution with a vital extra dimension. Track and Trace technology is now firmly moving to the next level with the increasing adoption of applications that offer much more than basic location guidance. C within a range of -20 to 60°C.
has been hard at work dreaming up, creating, testing, piloting, tweaking, marketing, and now beginning to sell access to our Track and Trace Platform. The Track and Trace system is the platform that we’ve promised all along and we couldn’t be more pleased about its functionality. Pictured: John Monarch, CEO ShipChain.
Everyone that eagerly awaits a package relies on track and trace technology to tell them when to be at their door, rather than sitting on their doorstep jumping up at each delivery truck that passes (it’s the Amazon effect for consumers). Smaller fleets often lack access to locations-based tracking for their assets.
For supply chain managers, tracking and tracing products is a nagging preoccupation. Manufacturers may ship their products across the globe, but they lack key data about shipment location and status as packages move from sea port to port. In some cases, bad weather or political events may delay product shipments.
We’ve seen technological enhancements in the means of visibility, tracking and tracing, and managing everything under one platform. This is one of the biggest reasons for the current startup crowd which offers solutions anything from track and trace, real-time visibility, and AI applications to RPA solutions.
To log, track and trace everything’, your vision of a better manufacturing floor. Here’s how you can improve manufacturing floor data collection, long-term. A key component of any manufacturing process is data collection. However, are you starting to outgrow your manufacturing floor data collection system ?
Our business development & leadership teams have been all over the world, attending major blockchain conferences and hosting a suite of events specific to shipping and logistics. And most recently, we attended Data CIO in Dubai, where we won the Business IT Innovation Award. . The past few months have been a whirlwind!
Our business development & leadership teams have been all over the world, attending major blockchain conferences and hosting a suite of events specific to shipping and logistics. And most recently, we attended Data CIO in Dubai, where we won the Business IT Innovation Award. . The past few months have been a whirlwind!
Software specialist Nulogy has expanded its cloud-based platform with Rapid Contact Tracing, a new digital capability for contract packers and manufacturers to protect employee health and safety while maintaining resilient business operations. In addition, contacts are tracked while preserving employee privacy. “In
This is an interactive web platform that enables online transactions and streamlines collaboration with suppliers for processes like requesting quotes and tracking the progress of supplier deliveries. Keeping track of jobs and planning the production of orders is a challenge for shop floor managers.
By-and co-products are often unavoidable outputs and tracking and costing them is critical. To comply with regulations, companies must be able to identify and trace every ingredient used in the manufacturing process. In the event of a problem, full recalls are required and must be audited. Compliance and traceability.
These events have highlighted the importance of sustainable, resilient, transparent, and legally compliant supply chains. Technology solutions like Artificial Intelligence (AI) , Machine Learning (ML) and Big Data analytics enabled by an ERP system can also assist with managing the environmental impacts.
Traceability has moved from being a nice-to-have to an essential business practice, underlining the universal need for real-time, accurate, and dependable data throughout the supply chain. Their valuable data is often locked away in separate, siloed, and outdated systems and formats, making data access and analysis an uphill task.
event of 2022, my colleagues, Christina Carroll, vice president of LTL, Alan Rowlett, director of global operations and strategy, and I set out to offer exactly that. There were several popular questions that we didn’t have time to address during the live event. To hear more about track and trace solutions, watch the video: 3.
And a FourKites survey of 350+ supply chain leaders tells us that the past few years of supply chain disruptions — including COVID-19, market volatility, global political conflict, material shortages and extreme weather events — drove 73% of respondents to begin investing in supply chain visibility, with 46% planning to invest more in 2023.
The world is abuzz about the digitalization of everything from operations to logistics, and many industry analysts and thought leaders are weighing in on the significant impact that visibility, greater innovation and faster time to market can have on an industry—which are all gains that can be traced back to an increasingly digital supply chain.
Latest release of DCSA’s Just-in-Time Port Call Programme provides interface standards and API definitions for all 50 port call event timestamps. The interface standards allow carriers, ports, terminals and other service providers involved in a port call to exchange eventdata in a uniform way, enabling automated data exchange.
A landmark moment was recently reached in the shipping industry as the first paperless, instantly financed and fully door-to-door tracked container made its way from Korea to the warehouse of Samsung SDS in Tilburg via Port of Rotterdam on the Blockchain-based platform DELIVER.
Unlike traditional databases, which rely on a central authority, blockchain uses cryptographic methods to ensure that data is tamper-proof and transparent. This transparency reduces the risk of errors, fraud, or delays that could be caused by data silos or physical documents. What used to take days to track now takes seconds.
While large, centralized systems have been created to manage the flow of goods and data, a single problem remains. This data can be changed from its original form, causing some to feel the supply chain is not being fully transparent with supplier, manufacturing and logistics processes. Putting It All Together.
One positive side of this black swan event is that it has pushed companies to appreciate and adopt technology at a much faster rate than otherwise would have happened. At this point, visibility, track and trace, and full control over shipments are becoming a norm in the industry. However, there is still a long way to go.
Implementing IOT technology will allow 3pls the ability to communicate directly with the hardware involved in the production and retrieve the necessary data directly rather than deal with personnel. With a connected network, this type of data can be seamlessly retrieved by 3pls and disseminated to suppliers and providers.
On the heels of massive customer and revenue growth in 2020 , project44 acquires Ocean Insights to expand its ocean solution by adding the broadest container tracking capabilities in the market, as well as one-of-a-kind sailing schedule and ocean analytics products.
The Role Of Data Streamlining And Digitalization To Cope With The Logistics Crisis. Verbal and non-verbal communication— like track and trace solutions— will dramatically increase the size of available data. Vehicle and driver data can be used to create insights to make targeted tweaks in internal and external operations.
A study of more than two million data points was done using the Ocean Insights platform. Consider the below charts derived from these data points : In the below image you can see the highest cargo rollover ratio among carriers is almost a whopping 18%. The data is pulled from H2 of 2019. How does Ocean Insights do it?
Poor data quality can lead to these costly fees with damaging ramifications. Of course, just a few weeks ago the Federal Maritime Commission (FMC) launched an investigation into potentially unfair demurrage and detention charges that are being levied against cargo owners, often for events beyond their control.
In most cases, these companies are using blockchain as an aid to supply chain visibility and product tracing, but some have applied it as a tool to streamline transactions and speed up the flow of information, goods, and materials. It’s not that tracking and tracing tea through the supply chain is a new departure for the company.
Check out our state-of-the-art Track and Trace Platform in action, with CEO John Monarch leading the way. . 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 ! .
In retail logistics terms this means it can be used to share information around the key events in your supply chain. Events can include receiving, shipping and transferring goods or just general transactions. But considering the many levels of a fashion supply chain how does this event sharing actually work?
As global supply chains become more complex and customers more demanding, the race is on to develop software applications that can effectively manage and make sense of the zettabytes of data being generated by our digital world. Of course, capturing the data and then using it to make good decisions are two entirely different things.
If there are quality problems, they need the ability to track and trace how items arrived, moved through production, to final delivery. An ERP system is a repository of data from all functions of a business. A system with a powerful extensibility capability can be used to collect data from external partners as well.
Germany’s logistics experts still track products mostly manually. If the order management process is handled manually, it is extremely time-consuming to trace which container delivered contains which goods. 5 reasons why German midsize companies and e-commerce merchants should control and track at product level right now.
Germany’s logistics experts still track products mostly manually. If the order management process is handled manually, it is extremely time-consuming to trace which container delivered contains which goods. 5 reasons why German midsize companies and e-commerce merchants should control and track at product level right now.
This customer segment is incredibly important and if younger shippers can’t book a container and track its whereabouts on their smartphone (while they’re taking a group selfie!) Visibility (Track-and-Trace). There isn’t proper track-and-trace door-to-door. Open data standards. Think retail.
The world is abuzz about the digitalization of everything from operations to logistics, and many industry analysts and thought leaders are weighing in on the significant impact that visibility, greater innovation and faster time to market can have on an industry—which are all gains that can be traced back to an increasingly digital supply chain.
However, tracking and tracing packages, as well as streamlining the packaging, labeling, and shipping processes, is key. The Reward: Ship Parcel Best Practices Enhance Competitive Advantage Understand Your Shipping Data. Shipping data includes verifying invoices for accuracy and recapturing overpayments.
Visibility Visibility refers to true understanding of the customer demand, real-time track and trace of inventory at item level, and track and trace of shipments as well as alerting when events deviate from expectations.
Our biggest push since the launch has been, you guessed it, selling access to our amazing Track and Trace Platform. ShipChain’s location sensors will continuously send out real-time encrypted GPS data to Scanlog’s on-site office, generating unique data signatures that will be stored on the Ethereum blockchain.
The world is abuzz about the digitalization of everything from operations to logistics, and many industry analysts and thought leaders are weighing in on the significant impact that visibility, greater innovation and faster time to market can have on an industry—which are all gains that can be traced back to an increasingly digital supply chain.
Also, when we talk about logistics we usually think on how the product starts from raw materials until it reach the final consumer, but we never notice the importance of having the ability to track the products backwards. With this added complexity the ability to track the product becomes ever more important. What is Treaceability?
Shortlisted teams are then invited to Paris to pitch their ideas at an Explorathon, a two-day event to challenge and accelerate projects which have potential to support the group’s business. Two Explorathons have been held to date where nine teams explored innovative solutions in 3D printing, augmented reality and artificial intelligence.
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