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Using Data to Improve Supply Chain Operations

Material Handling and Logistics

Learn how to organize your data operations in alignment with supply chain strategy. Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry—think Amazon. More data is coming in than ever before.

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National Private Truck Council (NPTC) Survey Highlights Value, Performance of Private Fleets

Penske Move Ahead

The National Private Truck Council 2021 Benchmarking Survey Report provides fleets with new industry standards to evaluate performance and identify opportunities for improvement. Fleet operators need real-time data to make informed decisions about their business. We can process the data and optimize it in several ways.

Survey 59
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4 tips to reduce cargo damage and save money on shipping costs

Shipping and Freight Resource

As per a Statista survey, eighty per cent of consumers say they’d return a product they received that was damaged in shipping. Start with shock testing to gather data about your normal shipping routes. Shipping damage is a massive threat to any products that travel on the supply chain.

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Leverage freight data for confident demand planning

FreightWaves SONAR

Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.

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What are supply chain professionals using to make network decisions? 

AIMMS

None of the respondents share data across multiple applications to manage inventory, network design and S&OP in an integrated way. These quiz responses are fairly consistent with a 2017 survey by Lora Cecere’s Supply Chain Insights, which revealed that 65% of companies use spreadsheets for network design.

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How Supply Chain Orchestration Can Help Prevent Drug Shortages

Logistics Viewpoints

Synchronizing people, processes, and data is core to concurrency, so that the supply chain can be rebalanced to affect what is happening, with the impact of any change being immediately reflected across the entire network at once. Historically these roles are siloed, focused on their own functional metrics. Has that changed?

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What are Reverse Logistics?

Logistics Bureau

As market and buying trend data becomes more abundant and IT systems more connected, retailers can better estimate demand and adapt their ordering. Recent survey information from magazine DC VELOCITY suggests that supply chains are moving towards omnichannel mostly to increase sales, market share, and customer loyalty.