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In other words, supply chain leaders need to validate and measure the success (read “accuracy”) of data source analytics and how well they stack up to the observed market conditions. Fill out the Form Below to Access a COPY of the WhitePaper. The impeccable value of accuracy in all predictive analytics insights.
Big data in the supply chain is nothing new. Nearly every shipper, broker and carrier collects and uses data to derive insights, including predictive rates. But analytics is a complicated topic, and knowing how to apply them can be difficult at best. Fill out the Form Below to Access a COPY of the WhitePaper.
According to a 2016 McKinsey & Company report : “Data and analytics underpin several disruptive models. Introducing new types of data sets (”orthogonal data”) that can disrupt industries, and massive data integration capabilities can break through organizational and technological silos, enabling new insights and models.
Many of the most beneficial tools come from the utilization of data and analytics. Data and analytics provide carriers with an incredible wealth of information that has proven to bolster revenue and profits. How carriers create data-driven pricing strategies. Fill out the Form Below to Access a COPY of the WhitePaper.
Lane Acuity helps you know how difficult it is to cover loads for a given lane and using that information to your advantage in bidding and day-to-day operations. How contract data amounts to tactical bidding management. How to use data to stay strategic and lower costs across the board. . Request a SONAR Demo.
Lynch and his team leverage data intelligence and strong industry relationships to help clients uncover transportation savings, build scalable supply chain strategies, and ace retailer compliance programs. WhitePaper – The 5 Best Practices for a Changing Retail Industry. Zipline Logistics was selected as an Inc.
Since brokers need to start thinking more about how to maximize the tech stack, it’s essential to understand a few things, which will be further explored in this part 1 of a 2 part whitepaper series: The overall state of digital transformation within brokerages. Why data for the sake of data fails to add value.
Cerasis is excited to announce the release of an all new, exclusive, & educational resource “How to Optimize Full Truckload Shipping Through Technology & Best Practices” whitepaper! Get a free copy of the whitepaper by filling out the form to the right.
Brokerages, freight forwarders, shippers, carriers, and other logistics service providers (LSPs) need to realize that the only way forward lies in the proper application of data and a robust freight tech stack. To that end, this whitepaper will explore: The problems that appear from a lack of data and transparency in decision-making.
Using Data for Better Transportation Management How to Use Data for Better Transportation Management The logistics industry has long been characterized by volatility and unpredictability. Additionally, even some of the most tech-savvy companies appear to be overlooking important supply chain data and metrics.
Therefore, enterprises need to know how to apply transportation data to increase on-time shipping performance. . Aggregate data from beyond the four walls of your business. Yet all benchmarking begins with access to the right supply chain data. Download the WhitePaper. The data is present.
It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.
Lynch and his team leverage data intelligence and strong industry relationships to help clients uncover transportation savings, build scalable supply chain strategies, and ace retailer compliance programs. WhitePaper – The 5 Best Practices for a Changing Retail Industry. Zipline Logistics was selected as an Inc.
For those who are seeking how to be a successful freight broker, they should first look at how they can make themselves stand out. Here are three tips to help guide you on how to be a successful freight broker and freight sales and ultimately, freight broker profit. . 3 Tips on How to Be a Successful Freight Broker.
Cerasis is excited to announce the release of an all new, exclusive, & educational resource “How Blockchain will Aid Retailers in Achieving Omnichannel Supply Chain Goals” whitepaper! Get a free copy of the whitepaper by filling out the form to the right. Think about it.
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 ? At one point, every program used to record data was being used by no fewer than 21 managers!
Therefore, in the absence of hedging, CPG companies should utilize as much freight-related data as possible to mitigate freight costs more effectively and improve supply chain efficiency. Illustrations of how to do that are found in the following pages. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER.
Tracking market trends within truckload rates relies heavily on data and analysis. This kind of real-time data analysis and application is essential for shippers to stay strategic and tactical as they forecast out contract and spot truckload rates. Data-driven insights provide a rubric for guiding RFP processes.
Data represents an integral part of daily life for most people, and it is no different within the transportation industry. That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too.
Data-driven transportation management , including the checks and reviews that accompany healthy data management practices, are part of the process of getting the most out of the tech stack. Throughout the supply chain, data-driven transportation management’s success is only as good as the data quality and integrity in use.
Download the WhitePaper. How to track trends developing in long-term pricing agreements. Capture pricing data for LTL freight. Collecting, analyzing and applying real-time freight data and information can help ensure accurate and profitable rates are secured for each load. Request a SONAR Demo.
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.
Download the WhitePaper. And having access to freight data on the fly is critical to maximizing asset utilization and load profitability. Click the button below to request a FreightWaves SONAR demo , and become a strategic carrier regardless of your size or tech know-how. Backhauls can be factored into that routing.”
So, it’s equally valuable to know the constraints and to apply data to overcome them with mini-bids. Download the WhitePaper. The post Manufacturing Supply Chain Constraints and How to Overcome Them appeared first on SONAR. Request a SONAR SCI Lane Acuity demo to get started or click the button below.
This struggle can finally come to an end through the use of modern analytics and data management. Using analytics and data-driven tools , carriers can find more loads and avoid consequential expenditures, such as empty miles. . Download the WhitePaper. Carriers should start by applying data to stay strategic.
However, as use cases for IoT deployments using LoRa become more advanced, and as IoT requirements scale, a new way of approaching the problem of how to best benefit from LoRa is required. Vastly improve data delivery and QoS. To find out more about Super-B download this whitepaper brought to you by Longview IoT.
Here’s how to keep it that way…. Imagine confining equipment to one area of a facility with a huge floor space and then expecting staff to traipse from one side to the other to print a label or enter data. nd whitepapers, for use by Armagard's marketing team. Option 3 - Buy in specialist computer kit.
This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand howdata analysis may help. Disjointed systems and data silos, creating delays in processing and deficiencies in visibility. How Surface Mode Shippers Can Compete in E-Commerce Logistics. Download Here.
This naturally creates a large pool of data, and 3PIs have the technology to leverage this data to build and improve omnichannel supply chains. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. This information should be clean as well.
GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. Sensors embedded within factory equipment and positioned nearby will continuously stream data and information, in real time. If a setup is causing issues, the data will show it, and workers can use it to predict and identify solutions. enabled factories?
Let’s take a closer look at how to turn these practices into action. Track Carrier Performance Data. Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Identify and Apply Freight Consolidation Opportunities.
There’s an art to integrating computerized data collection systems on the manufacturing floor. Here are 5 questions often overlooked when integrating computerized data collection systems, ignore them at your peril. 5 questions to ask when integrating computerized data collection systems. What data needs collecting?
Unfortunately, interpreting the data received is never straightforward. Erratic behavior in said data can lead to inaccuracies and confusion for carriers if the activity fails to conform to set standards. Even worse, data that isn’t monitored amounts to lost opportunities for improved efficiency.
Enterprise shippers are looking for ways to capture and analyze more data Making the most of available technology has always been critical for fine-tuning a supply chain. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. Download the WhitePaper.
Download the WhitePaper. #4: How SONAR aids those seeking how to be a successful freight broker. FreightWaves SONAR provides the fastest freight market data in the world across all major modes of traffic – guiding those who are seeking how to be a successful freight broker. 4: Online maps.
And rather than waiting until things go wrong, shippers, carriers and brokers can apply these seven last-minute thoughts can help bring to light what strictly a business should focus on and how to apply predictive rates to measure the likelihood of improved operations. Download the WhitePaper.
As advances in technology make it more cost-effective to deploy IIoT, industries will need to acquire a strategic approach to integrating new sensor data with pre-existing data environments. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER.
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.
Some of the most common issues that arise from a lack of accurate transportation cost analysis and data tracking include the following: Inability to track data and respond to it in real-time. . Limited data sharing within the chain. Download the WhitePaper. Lack of planning to plan for rises in fees and expenses.
Download the WhitePaper. Rather than stressing about how to get local fleets to the other side of the state or the country, a different carrier can be tapped to handle a specific load. Benefits of working with different carriers for different loads.
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