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Longer lead times, complex handoffs between logistics providers, data flow between disparate systems…requires a new way of thinking for efficient inventory moves from origin to the final customer efficiently. The post Supply Chain Brain Webinar appeared first on The Logistics of Logistics.
You Have A Good Amount Of Historical Data. If you have worked with the same carriers on similar types of projects for many years, this historical data is an asset for your company. You can use this data to analyze different types of shipments to gain insights such as which carrier provides the best value for given lanes.
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.
Data for the BlueGrace Logistics Confidence Index is aggregated through a survey of shippers and reflects all freight transportation modes, while correlating growth or shrinkage to the overall industry volume of shipments and the price of products, according to BlueGrace. READ THE FULL ARTICLE
Speaker: Cathy Morrow Roberson, Research Manager for the Reverse Logistics Association
In today's competitive business landscape, providing a seamless return experience and maintaining an efficient supply chain are critical to customer satisfaction and loyalty. Businesses need to leverage advanced tracking systems and data analytics to identify bottlenecks and improve supply chain visibility.
Data reflect all the small, seemingly insignificant details of the modern world. From a review of your personal bank account spending habits to larger, more advanced processing capabilities, data evolve and expand with each passing day. When Did Big Data in Supply Chain Become a Game-Changer? .
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.
Mastering Temperature-Controlled Shipping to Ignite Grilling Season Search Search BlueGrace Logistics - May 15, 2024 As grilling season heats up, it’s crucial to maintain the freshness of temperature-sensitive proteins during their transit. This helps maintain its freshness and prevents bacterial growth.
Today begins our series about electronic data interchange or EDI in transportation. What is Electronic Data Interchange? First we must understand and get on the same page of what is Electronic Data Interchange, or EDI, as it is not only used in the transportation industry. How does Electronic Data Interchange (EDI) Work?
Speaker: Sarah Gibson, Platinum Operations Manager
Join us for educational webinar with guest speaker, Sarah Gibson of Parts Town, as she takes attendees through her company’s digital transformation journey. Increased focus on customer service activities rather than data entry. Improved order processing speed and accuracy via machine learning. February 20, 2019 11.00 AM PST, 2.00
Food and beverage shippers can achieve this by analyzing historical data and market insights. Working closely with retailers and distributors to gather real-time data can further enhance the accuracy of forecasts. Maintaining open communication with retailers, distributors, and suppliers enables proactive planning and coordination.
How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 Market conditions play a crucial role in shaping challenges professionals face when managing their organization’s supply chains.
A Fortune 500 retailer, for instance, reduced its procurement cycle time by 30% by leveraging an AI-driven tool to analyze supplier data efficiently. based manufacturers shifting sourcing to Mexico instead of Asia traditionally took advantage of USMCA trade benefits while maintaining supply chain agility. For example, U.S.-based
What you will learn in this blog: Leveraging Data Analytics For Invaluable Insights Implementing Lean Principles for Waste Reduction Effective Management Of Supply Chain Costs As companies navigate market fluctuations and challenges, effectively managing supply chain expenses becomes pivotal for success. Read The Logistics Blog®
Speaker: Fernando Penteado, CPSM - Supply Chain and Logistics Executive, Global Markets Expert, and International Speaker
Now, as a variety of disruptive events cause supply chain challenges, companies are contemplating bold moves to keep business moving, including moving sourcing and manufacturing closer to home markets and maintaining a larger reserve stock to help manage the fluctuations in supply and demand.
Order-level Management: The tracking of orders from inception to fulfillment, and the management of the people, processes and data connected to the order as it moves through its lifecycle. This agility proves crucial in maintaining operational continuity, minimizing disruptions to the supply chain, and mitigating potential financial losses.
Mark Derks, BlueGrace Chief Marketing Officer June 23, 2023 In the dynamic and ever-evolving logistics landscape, having access to accurate and timely data is essential. Updated quarterly, the LCI has become an important resource for shippers seeking to maximize data forecasting as part of a predictive and prescriptive analytics model.
This recognition fuels my motivation to innovate cold chain solutions with technology, meeting evolving industry demands while maintaining the highest standards of quality and efficiency. It also provides advertiserstheanalytics, data, and ability to reachtheir target audience. Learn more at [link].
Although supply chains are starting to normalize and rebound, COVID-19 exposed a lot of weaknesses and led shippers to gain a better understanding of the importance of data portfolios, which is the primary purpose of outsourced logistics solutions. Visibility and data remain top-value propositions that outsourced logistics entities solve for.
Unfortunately, this includes all possible processes, data collection points, and inbound to manufacturing areas. Warehouses should also consider implementing these best practices to ensure effective warehouse management and maintain control and flow of inventory. Automated Data Collection. System-Directed Replenishment.
Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. Ultimately, this represents an added cost to the supply chain for failing to maintain the freshness and quality of the goods.
Manual data entry errors Have you ever been in a situation when your finance person mistypes an invoice number, the payment amount, or the vendor’s name while entering it into your finance system? Your employees may spend hours manually entering data into your accounting system and matching invoices to purchase orders.
For more on containment force, check out our on demand webinar on How to Properly Wrap a Pallet.) . This requires periodic sampling, and a consistent system for tracking and logging the data. . Referring to the data . How heavily might you lean on your containment force data to troubleshoot shipping damage issues?
In order to maintain a successful distribution center in this business environment, you have to run an efficient operation in which you are constantly moving product and satisfying your customers. Other ways to pick up data include voice-activated technology and RFID methods. You can also manually gather data if required.
Q1 optimism seen in BlueGrace Confidence Index Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - December 11, 2023 The recently-released edition of the BlueGrace Logistics Confidence Index issued by Tampa, Fla.-based
a How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 In the realm of ever-fluctuating food prices, a pragmatic revolution is quietly taking place in the shopping carts of budget-conscious consumers.
This advancement is based on the potential to integrate relevant data at any point in the value chain, define inter-dependencies from the data almost instantaneously, and utilize advanced analytics to develop highly targeted solutions. 11 Improvements by the Deployment of the Internet of Things in the Supply Chain.
We are digging deeper into 10 areas of strategy that shippers can employ in order to maintain a competitive advantage. Assess Data Quality. Although data can be collected automatically across all shipment processes , the quality of data greatly affects its ability to enact change across supply chain practices.
The Ultimate Guide for Effective LTL Freight Management : we put on a 60 minute webinar entitled, “Best Practices for Effective LTL Freight Management and Shipping.” We had a great turnout with over 250 logistics managers, supply chain officers, and those in the transportation world registering and attending the webinar.
In today's ever more complex supply chain riddled with thousands upon thousands of processes, shipping freight has moved beyond tactical prowess for those who execute well and has evolved to now include strategic, innovative, and collaborative efforts to maintain not only a competitive edge but reduce overall transportation cost footprint.
The sheer amount of data from the Freight Forecast and its subsequent data analysis, such as the above-mentioned trucking expenses, give rise to anxiety over how shippers will meet this growing demand. Maintain Flexible Docking Times. Shippers Prepare…. Keeping drivers happy actually is the result of the next several tips.
We are also tasked with building and maintaining the company’s centralized network design capability. For instance, if I wanted to know what the HEINEKEN canning capacity was in Asia, I would have to sum up 20+ Excel files to sum up the data for all the breweries. There was no global master data in place either.
We've negotiated rates with all the major carriers and maintained them. Gather quality shipment data reflecting all LTL movements for the past 12 months. Data entry errors do occur, so pre-bid data cleansing and accurate commodity descriptions are critical for successful LTL procurement bids.
A successful reverse logistics strategy must contain the processes to ensure protection of data. Data breaches may not sound as though they have a particular relation to sustainability, but a company’s sustainability is measured by its ability to maintain happy customers while reducing impact on the Earth.
Without thinking about the supply chain, how has data storage changed for the average household? Introduced by Apple, the cloud quickly grew to become one of the most common aspects of data storage and retrieval. However, cloud-computing capabilities is not limited to data storage and retrieval. Smartphones.
It’s not just about logistics teams any more – finance, sales and data teams need to be working together to create joined up decision making that works for the whole business. The businesses that can adapt to these changes are the ones that will be able to maintain and grow profits.”.
A transport management system helps coordinate all the data points in a transportation network. The collection of vital data, such as rates and route options, allows the TMS to present the data in an easy to understand format so that logistics managers make the best decision possible about transportation.
In a thoughtful webinar today digital freight forwarder Zencargo co-Founder, Richard Fattal, and Bis Henderson ‘s Louisa Hosegood debated the unprecedented pressures in the global supply chain this year and how they jeopardise retailer’s profitability. New sourcing options are needed to maintain choice and increase efficiency.
Unfortunately, meeting this ever-changing demand means companies must have a way of generating and analyzing real-time data reflecting what customers want now. This is essential to maintaining B2B relationships as well. Ultimately, customers work with your B2B partners, who then request orders or freight quotes based on their data.
6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. Flexibility within logistics management is crucial to maintaining efficiency and accuracy in shipping processes. A flexible TMS should consider historic data for time periods and changes in transportation methods and devise a solution to address each problem.
At its core, the IoT serves as a way of gathering data and information about a process, but applications of the IoT can detect potential problems within a machine before the machine falters. Similarly, the IoT can help ensure machines maintain functionality by stopping production when maintenance is needed. Automated Data Transfers.
Data Capture. Shipping freight inherently comes with a large amount data. Each data entry is an opportunity for data capture and analysis. Additionally, ensuring a superior data capture capability allows clients to become more confident in tracking and visibility in shipping. Knowledge of the Carrier's Business.
Automatic consolidation of data from partners and systems. Data integration and web-based technology. In today’s environment, maintaining the competitive edge includes partnering with a trusted 3PL to navigate the product life cycle from production to disposition. Greater customer service and higher retention levels.
In fact, Alexa is being integrated into 2018 BMWs right now, says Bernard Marr of Forbes, so manufacturers will have yet another data stream that will allow them to benefit from the power of artificial intelligence. These channels include app driven voice-activated systems, like Google Home or Amazon Echo.
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