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
Peter is Vice President in the Maritime, Trade & Supply Chain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. About Peter Tirschwell. the world’s largest container shipping conference, now 23 years old.
Mike further shares details on the upcoming Jarrett Supply Chain Summit and associated charity events, setting the stage for a comprehensive discussion on the importance of efficient supply chain management from manufacturer to retailer for maximum customer satisfaction. The registration for the event begins at 8:00 a.m.
As a leading multimodal 3PL, Jarrett provides transportation, logistics, warehousing, and fleet services for customers throughout North America. With the most advanced technology combined with the greatest people, Jarrett provides actionable data so customers can make informed decisions in real time.
Peter is Vice President, Journal of Commerce, the Maritime, Trade & Supply Chain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. the world’s largest container shipping conference, now 23 years old.
Here are some great virtual logistics events that can help you stay up to date, engaged, and actively learning during each quarter. Q1 logistics conferences With the start of the new year, it’s time to start thinking about the National Retail Federation (NRF) logistics events too, but that’s not all there is to do. Register Here.
FreightWaves’ SaaS product, SONAR, is the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector. FreightWaves Events. Access to freight pricing insights. pageviews a month and over 1.5B Check Call.
But by implementing data driven maintenance strategies these cost, performance, and environmental impacts can be greatly reduced. An intelligent data-driven approach Maintenance doesn’t have to be this arbitrary. None of this is good for sustainability.
Automotive distributors play a vital role in the automotive supply chain by procuring parts, warehousing them, and then supplying them to OEMs (original equipment manufacturer), retailers or end consumers. An ERP system is a valuable asset for automotive distributors looking to leverage the data they create and use.
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.
How do you prepare your supply chain for events that you can’t forecast? So how do you prevent inventory stockouts when your demand forecasting didn’t allow for an event like COVID-19? Build a network of forward stocking locations and use your supply chain’s historical inventory data to make decisions.
Courney is a Strategic Event Executive and the Chief Corporate Development Officer and President of Manifest at Connectiv, a live event studio based in NYC. Connectiv produces world-class industry leading events that focus on disruptive technology. We are a private live event studio. Anyway, it was a great event.
Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Order Processing Capabilities.
Ahead of the storm, TQL moved emergency supplies, including bottled water, to major retailers’ stores in the impacted area, and provided warehousing and temporary trailer storage for diverted inventory. If issues persist longer than a week, other parts of the retailer’s network will absorb that freight.” It didn’t last very long.
Today, whether you’re managing procurement events or working with a partner that manages the service on your behalf, here are some things to keep in mind. Mitigate budget considerations or adjustments by openly sharing concerns, with available data to support them. Transportation Procurement: Things to Keep in Mind. Be realistic.
Machine learning (ML) techniques can be applied to provide more accurate transit information and estimated arrival times (ETAs) by analyzing the historical shipment data in your transportation management systems. These can include traffic conditions, port congestion, storms, and holiday closures.
Image source: PickPik | Everything You Need to Know About Smart Warehousing Smart component storage for electronic board assembly is a tactic employed by businesses looking to uphold high standards for their offerings. Read also: Top 8 Applications of Artificial Intelligence in The Supply Chain What is smart warehousing?
It is tempting to immediately map these ideas onto physical warehousing, kitting and localisation services, truck fleets, railroad wagons, and the like, with their armies of operators, drivers and maintenance staff. Reducing the number of human operators in transport and warehousing is constantly on companies minds.
Everybody is talking about Artificial Intelligence but what are its potential applications for warehousing and supply chain? The ability to process immense amounts of ‘big data’ at lightning speed is impressive and extremely valuable, but it doesn’t of itself constitute Artificial Intelligence.
New driver app and business intelligence offerings, how to save on fuel, upcoming events, and the latest Envase team member spotlight. Event: HTA Draytech 2022 Envase is excited to be the title sponsor of DrayTech 2022 as we showcase the latest technologies that move freight faster. Here is the Envase April Newsletter. Just Launched ??:
The ability to extract meaningful insights from data is crucial. This is where data analytics and reporting come into play, offering a comprehensive understanding of operations and paving the way for strategic decision-making. The first level of data analytics in a 3PL warehouse involves understanding “What happened?”
Warehousing has been hit harder than other industries. In addition to quicker order processing times and more efficient picking processes, 3PL warehouses are now required to have more connected systems to manage orders and data. Cold Storage Warehousing. 3PLs (public warehousing) accounts for around 75% of the gross capacity.
As supply chains become more impacted by market disruptions and unpredictable events, they’re also becoming more critical to a company’s customer experience levels and bottom line. Creating a data-driven supply chain tracking important transportation metrics helps shippers respond and adapt as quickly as possible to known and unknown events.
The relentless rise in cyber threats such as ransomware and phishing attacks underscores the imperative need for robust cybersecurity measures, especially in sectors as vital as warehousing and logistics. These measures not only protect sensitive data but also fortify the trust between warehouse operators and their clients.
Solution: Use data-driven forecasting to predict demand as accurately as possible. Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically. Whether it’s in warehousing , logistics, or analytics , the right technology can save time, reduce errors, and optimize operations.
An integrated system enjoys the benefits of 100% visibility, almost zero data duplication, smooth flow of information from one stage to the other, incorporating scalable subunits at any stage, and data security. This allows deployment of effective control towers and solves the visibility challenge that plagues the industry.
The final ingredient is the software , which includes both application software and platform tools like public cloud “serverless” and event-handling software. Step four is to select a data model to fit your needs as described in the earlier steps, particularly Step 2. Step six is to select an event-handling strategy. The Recipe.
Kicking off on August 19, the event lasted five days. As of August 26, the event’s jury had not decided which team will win the contest. . The strategy for using IoT in Logistics can combine that information with historical quality data graphs to ensure that the current status correlates to a given standard.
This newly opened KIZAD Logistics City offers a breakthrough pay-per-use model for warehousing services enabling prospective customers to negate a capital expenditure. million square feet (118,965 square meters), equivalent in size to about 17 football fields, and will offer bespoke free zone and non-free zone warehousing solutions.
However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. And it’s in this space where big data analytics can add the most value.
Such an event has constrained the meat supply chain more than ever, sparking fears of massive food shortages, and it comes mere weeks after the other major cyberattack to strike the US—halting the operation of the Colonial Pipeline. The typical cyberattack and subsequent data breach cost was $3.86 million in 2020.
Because warehousing and transportation represent significant cost centers, intelligent logistics decisions are critical. Uberization: Exploring On-Demand Transportation, Labor and Warehousing. then secure on-demand transportation, warehousing and labor assets dynamically, re-planning flexibly as conditions change.
Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Part of the problem with the bottlenecks arising in warehousing and drayage comes from limited available commercial business real estate and warehousing space.
transportation, warehousing) or materials – direct, indirect, MRO (Maintenance, Repair, and Operations), goods for resale. Leading organizations are deploying cloud based technologies to launch sourcing events, invite bids, and employ sophisticated combinatorial optimization techniques to evaluate bids, and down select suppliers.
At our Blue Yonder ICON event later in April this year and 3PL Execution Forum in June, 3PL and 4PL companies will explain how they are leveraging innovations as an advantage. Now, logistics providers are accelerating the pace to adopt new technologies to serve customer-first and eCommerce expectations. It should also be shared downstream.
The theory is that as more and more devices throughout the supply chain and manufacturing process become part of the ‘Internet of Things,’ they will produce an incredibly rich data stream that will send signals in real-time to trigger a wide variety of events. Artificial Intelligence (AI)/Machine Learning (ML) Platforms.
By investing in digital twins and other technologies that provide real-time data and predictive capabilities, businesses can shift from reactive to proactive supply chain management. By harnessing IoT, organisations can make smarter, data-driven decisions that optimise not only their performance but also reduce vulnerabilities.
In logistics, simplification was supported by reducing the number of physical distribution nodes and improving the execution layer by adding a transportation management system and digitization in the form of better electronic connectivity to all partners across warehousing and transportation. We would never get value out of SAP that way!
These advanced solutions support real-time monitoring and the ingestion of incredible volumes of real-time supply chain data, which allows logistics teams and other stakeholders to see disruptions at the earliest possible opportunity. With nearly $21.3 — Terence Leung is Senior Director, Solutions Marketing at Blue Yonder.
This assembly of off-the-shelf and custom logistics services and technology tools leaves the traditional supply chain extremely fragile and without the agility to keep up with demand or the visibility to make data-driven decisions in real time.
The blog publishes a weekly roundup of news and events affecting global supply chains, along with content on warehousing, SaaS, cloud-based supply chain systems, blockchain and more. Topics include blockchain, Big Data, retail accomplishments, news from major carriers and more. TechBullion. Supply Chain Digest.
For most companies, margins only declined further in 2021, as product shortages and transportation roadblocks forced all supply chain participants to make critical decisions on the fly, acting without complete information or hard data. Transportation: Moving to a Digital Environment.
Data is the talk of the town. Data is not only required for smooth functioning but also for better control on the process. Is data really the show stopper? The captured data comes in use to analyse the trends and predict demand. Data has been and will continue to transform the logistics space. Route Optimization.
That involves cross-functional discussions between production planning and warehousing, for example, to smooth the flow of goods to the docks at the right times,” says Matt. “It When you get customer service and production planning the data to show the higher costs involved, adjustments can often be made to minimize these additional costs.”.
The implementation also involves leveraging weather data to improve forecasting. With bulk distribution, businesses like Pinnacle can apply telemetry devices that measure the amount of propane in a tank and transmit that data at regular intervals back to Pinnacle Propane. This data leads to a better baseline forecast.
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