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Those data sets and use cases include: Freight market data to assist in negotiations with carriers. Contract freight rate data that is specific to the auto industry can be accessed using SONAR Supply Chain Intelligence (SCI). FILL OUT THE FORM BELOW TO ACCESS A COPY OF THE WHITEPAPER. Request a SONAR Demo.
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. Download the WhitePaper.
Importantly, the report also explains how each has successfully managed their social impact through the use of data, which has enabled accurate and meaningful measurement. The post Prologis launches social value whitepaper appeared first on Logistics Business® Magazine. CLICK HERE to download the report.
Werma has published a free whitepaper, available for free download, to help understand how important the choice of the right signal is for the safety of everyone in industrial environments. Werma’s free whitepaper explains the importance of choosing the right signal for everyone’s safety.
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 And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences.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.
Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through good and bad times. Achieving that goal hangs on a carrier’s ability to capture meaningful data. Autonomous processes are only as valuable as the data that powers algorithms and decision-making.
Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. However, the data [that powers them] hasn’t previously been utilized to its full capacity until recently.” Take the example of RCRPMF.USA in the image. Download the WhitePaper.
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.
When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Without hard data, you can’t take action. When enterprises try to act in the absence of data, they are usually guessing and won’t get the results they need.
As a few examples, these are four critical KPIs to focus on: Owner-operator to driver ratio – A lower ratio here means more opportunities for in-house drivers who bring more affordable rates. . Capture and analyze data inside and outside of your network to benchmark performance. Download the WhitePaper.
True optimization applies data to ensure all decisions and processes are carried out to their fullest potential. Leveraging data for continuous improvement makes transportation optimization more synonymous with managed transportation. Transportation optimization is part of enabling proactive supply chain management.
Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages. Download the WhitePaper.
The right partner will also work with your team to implement changes based on data-driven recommendations and identify opportunities for continuous improvement. . Download the WhitePaper: Transportation Optimization: Its Strategic Role in Transportation Management. Always Turn to the Data to See Expectations for ROI and Value.
Feel like you keep on reading headlines about “ the Uber-ificiation of 3D printed big-data drones “? Freight Marketplaces : Cargomatic is a prime example of the rebirth of freight marketplaces. Ubiquitous data collection, as goods, supply chain assets and warehouses communicate with each all spell out huge data insights.
For example, it has already taken hold in online B2C transactions – placing orders and tracking delivery among other things. yellowbox]Check out where the future of online sales for the freight industry is heading with this free whitepaper.[/yellowbox]. See the whitepaper here. yellowbox]. through 2018.
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. As an example, it may be necessary to leverage drop shipping to give a manufacturer the opportunity to fill the order and manage its transportation process.
First of all, blockchain offers numerous solutions for those who want to improve security and make operations with digital data more transparent. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. It will be a huge challenge for IT to connect all data and implement new technologies.
Every shipping mode and method can benefit from access to accurate, real-time freight data. For instance, consider these top uses of data and calculators within existing systems: Trucking metrics can benefit from clear data highlighting key areas of profit and loss within the fleet. Download the WhitePaper.
GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. Blockchain allows for the continuous tracking of information and improvement through data analytics. An Introduction to Blockchain and Its Potential Benefits and Drawbacks in Supply Chain Management.
The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Download the WhitePaper: Transportation Optimization: Its Strategic Role in Transportation Management. Take an example. Learn More.
The best examples of shippers of choice provide services along several trucking routes. Download the WhitePaper. Respond to issues, deviations and problems with data. Apply these shipper of choice tips to increase eligibility for this status with freight data at your fingertips. Request a SONAR Demo.
Streamline data capture and analysis. Failure to use data and apply it accordingly within the fleet will lead to problems securing loads, offering competitive freight rates , and keeping drivers in trucks. Data for the sake of data is meaningless without proper, automated analysis and data capture.
Because of its ability to learn and process information, it is proven to be especially useful for industries that need to comprehend large amounts of data. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. Take Alibaba, for example.
For example, do you have: Full data visibility across your business? WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. GET YOUR COPY HERE.
Data analytics can be applied to virtually any supply chain process, and analytics hold great value in managing retail supply chains. Defining retail needs is not an easy process, but data is king and can help companies sift through the needs and wants of customers, reports Arthur Zaczkiewicz of WWD. GET YOUR FREE WHITEPAPER.
Generally, it follows the same basic process: Take the dimensional weight, for example, with a package that’s estimated to be eight pounds after calculating its dimensional volume and dividing that value by the DIM factor. In this example, the shipping rate would be based on the DIM pricing weight of eight pounds.
Supply chain management is a field where Big Data and analytics have obvious applications. Until recently, however, businesses have been less quick to implement big data analytics in supply chain management than in other areas of operation such as marketing or manufacturing.
The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.
The data analyzed within today’s freight market goes back to the beginning of digital transformation. Download the WhitePaper. Contract versus spot data factors influence the profitability of all fleet assets. Both contract and spot market data factors influence the profitability of all fleet assets.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. Follow examples of major brands that have implemented best-in-class omnichannel retail strategies. GET YOUR COPY HERE.
Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through the good and bad times. Achieving that goal hangs on a carrier’s ability to capture meaningful data. Autonomous processes are only as valuable as the data that powers algorithms and decision-making.
It always goes back to using data as a best practice for all aspects of freight management. Download the WhitePaper. Logistics automation continues to benefit from the increased viability of advanced analytics Data analytics provide a wide range of benefits for shippers that can properly harness logistics automation.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. Otherwise known as a distributed ledger, the automatic recording of data into the blockchain allows for cryptocurrencies such as Ethereum or Bitcoin to serve as way more than just a store of value.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. Here are the complete data representing how many supply chain management professionals perceived these threats as significant. GET YOUR COPY HERE. The same could be said about natural disasters.
Predictive analytics is the process of taking the data gathered from everyday operations and converting it ‘into valuable nuggets of insight.’ Download the WhitePaper. Leverage IoT-enabled sensors to collect more data. Use autonomous processes to comb through and apply data. Plan, replan and plan again.
Should] you just figure out if it should be 5% or 6% [without data]?” In our recent whitepaper , we discussed the growing importance of carrier utilization. As an example for these negotiating capabilities, let’s take a look at the following lane, Los Angeles, CA to Dallas, TX. SONAR is near-real-time data.
For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. Collaboration means parties must share data in real-time. Collaboration means parties must share data in real-time. For example, market conditions show shippers’ rate trajectories. Download the WhitePaper.
But that concept often falls by the wayside in supply chain analytics, especially when assessing the accuracy of predictions using freight data or a forecasting engine. Predictive insights take massive amounts of data from market conditions and yield a potential outcome of what is likely to occur. USA and FWSR28.USA
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. Download the WhitePaper. That is simply unacceptable.
Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. In fact, logisticians should consider these top five use cases of increased visibility and data within logistics and how they improve throughput. Download the WhitePaper.
For example, manufacturers and production supervisors can consider roping in digital systems that can help them to monitor productivity, growth, and shortcomings simultaneously. GET YOUR FREE WHITEPAPER.
You stand to lose vital organizational and client data, intellectual property and trade secrets. You stand to lose vital organizational and client data, intellectual property and trade secrets. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper.
System sensors and data pools may not be compatible, making data access difficult at best, and blockchain is susceptible to the problem of too much data. Poor data quality entered into the chain will result in inaccurate data assumptions in subsequent chains. Download WhitePaper. GET YOUR COPY HERE.
The tech is using data to its full potential to better anticipate events, avoid risks and create solutions. For example, DHL analyzes 58 different parameters of internal data to create a machine learning model for air freight. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER.
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