The Logistics of Logistics

MAY 28, 2021

Deema Adada , founder and CEO of GetSett has spent 15 years in the industry working with Coyote Logistics and Uber Freight in positions from sales to operations and strategy. Data allows to fill that gap. The problem going outbound. Smarter schedules based on data. About Deema Adada. Plan not matching execution.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 195

Logistics Bureau

JANUARY 3, 2025

Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

FreightWaves SONAR

OCTOBER 31, 2024

Within SONAR, the Outbound Tender Reject Index (blue) In early October eclipsed 5% for the first time since the Fourth of July holiday. At the same time, the Outbound Tender Volume Index (white) has yet to move meaningfully higher, despite record import levels. The post Prepping For The Retail Rush appeared first on SONAR.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Cost Reduction Outbound 52

Logistics Viewpoints

JULY 30, 2024

As companies look ahead to the next three to six months, they’re weighing costs, risks, and demand as they plan and adapt their inventory strategies. Inventory strategies are increasingly focused on optimizing stock locations — what to hold and where, especially for inventory not immediately sold.

Inventory Reduction 119

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Design Software 119

Logistics Viewpoints

OCTOBER 30, 2023

million outbound shipments per year. For this project, Solvoyo consultants built a network design model and ran more than 120 scenarios to refine the customer service and inventory mix strategy. And, this was not because of the number of scenarios, but the initial quality of the data. And these DCs were responsible for over 1.5

Supply Chain Design 124

Supply Chain Design Cost Reduction Vendor Strategies Inventory Reduction 124

FreightWaves SONAR

MARCH 5, 2021

In the image below, use the following as your guide to interpreting: Blue = outbound tender rejections for the Dallas market, which measure service, capacity and price. Green = outbound volumes (demand). It shows outbound volumes increasing and inbound supply decreasing. Capacity signals for the freight market.

Freight 98

Freight Price Reduction Cost Reduction Outbound 98

Logistics Bureau

DECEMBER 6, 2024

In addition, returns typically cost more to handle than outbound shipments – 3 to 4 times more for traditional retail companies, for example. A plan is necessary, possibly based on one of the following strategies. Reverse Logistics Strategy 1: Don’t do it! Persuade the customer otherwise.

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

Talking Logistics

MAY 14, 2019

Commercialization strategies evolve, supply chains expand, and production rates accelerate. Addressing this challenge, executives are rethinking their business models and strategies to improve product quality and avoid issues surrounding test results, material specifications, non-conformances, recalls, and supplier corrective action requests.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 130

FreightWaves SONAR

NOVEMBER 17, 2020

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . It’s not solely about knowing basic rates – it’s about using freight data to make the best decisions for all loads – playing both the buy-side and sell-side aspects of freight brokering.

Data 52

Data Sourcing Strategies Transportation Freight 52

Logistics Bureau

DECEMBER 24, 2024

Many enterprises have taken heed and determined that inbound and outbound transport and warehousing are consequential processes of their business rather than fundamental or core processes. Alas, in some cases, there is no supply chain strategy to speak of. Data speaks volumes in terms of performance.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

FreightWaves SONAR

APRIL 16, 2021

Real-time visibility and data into all things freight shipping is a supply chain gold standard. And nearly one-half of the industry’s freight market participants can see their data in real-time. Unfortunately, that doesn’t always amount to capturing real-time data outside of an individual company’s four walls. Now consider this.

Data 52

Data Supply Chain Planning Software Freight Resource Reduction 52

FreightWaves SONAR

MARCH 15, 2021

Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

NOVEMBER 19, 2020

According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

GlobalTranz

MAY 1, 2018

Data-driven analytics enables you to make cost-effective transportation decisions. However for most shippers, parcel spend is poorly understood because shipping data is often locked up in point solution silos, such as carrier-provided systems and websites, in a variety of different formats. DOWNLOAD WHITEPAPER. NEW WHITEPAPER.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

GlobalTranz

JULY 14, 2017

The answer is simple; shippers must track the right data. Knowing the proper metrics and data points to track promotes cost-effective shipping practices and can improve vendor, carrier and consumer relationships, reports Merrill Douglas of Inbound Logistics. Less-than-Truckload Data Shows Carrier Performance Scores per Carrier.

Data 60

Data Vendor Strategies Negotiating Skills Resource Reduction 60

GlobalTranz

AUGUST 4, 2021

That alone is evidence that shippers need to start rethinking their strategies and supply chain risk management systems, but there are other challenges that are often overshadowed by the pandemic in the past year like weather, supply chain cyber security , labor shortages, market volatility, and more. Cybersecurity Concerns Remain.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 115

FreightWaves SONAR

APRIL 8, 2021

Rate data is available for Van (TSTOPVRPM), Reefer (TSTOPRRPM) and Flatbed (TSTOPFRPM) modes. . While SONAR has other indices for rate data, Truckstop.com data is important as many small to medium (and some large) brokerages rely on the site to source carriers. You can view data in weekly, bi-weekly, monthly and annual changes.

Negotiating Skills 95

Negotiating Skills Freight Price Reduction Outbound 95

Logistics Viewpoints

APRIL 10, 2024

For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems. The port closure disrupts the inbound and outbound flows of vehicles and parts, affecting the operations and sales of automakers, dealers, and suppliers.

Supply Chain Planning Software 131

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 131

Logistics Viewpoints

AUGUST 29, 2024

Another key strategy is right-sizing cartons to match the specific dimensions of the products being shipped. The ability to make data-driven decisions in real-time is invaluable for maintaining a high level of operational efficiency. This leads us to the idea of Dynamic Slotting , an essential strategy for space optimization.

Waste Reduction 117

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 117

FreightWaves SONAR

JANUARY 12, 2021

However, peer, market and historical freight invoice data can help, and it’s essential to know why. Freight management parties still struggle with limited, outdated data. Freight management parties may not know where to turn for meaningful, actionable freight data. At the same time, data is not created equally.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. The data analyzed within today’s freight market goes back to the beginning of digital transformation. Contract versus spot data factors influence the profitability of all fleet assets. Download the White Paper. trucking market.

Price Reduction 94

Price Reduction Freight Resource Reduction White Paper 94

Logistics Viewpoints

OCTOBER 26, 2023

My answer — to CIOs in particular — boils down to the complicated and disconnected stack of supply chain solutions most companies are saddled with, from legacy systems that weren’t architected to ingest and process real-time data to newer point solutions that are siloed from other critical operational systems.

Supply Chain Planning Software 117

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Transformation 117

FreightWaves SONAR

MARCH 5, 2021

Should] you just figure out if it should be 5% or 6% [without data]?” Unlike other tools in the market, the Lane Signal considers an abundance of data from multiple sources, not just dirty data that flows through one system like other industry tools. SONAR is near-real-time data.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 48

Supply Chain Planning Software Logistics Network Optimization Software Trends Inventory Reduction 48

Logistics Viewpoints

SEPTEMBER 16, 2021

Limited Granularity of Data Leads to a Lack of Actionability. When a shipper cannot understand the various factors playing into market volatility, this is known as limited granularity of data. Traditional Inventory Replenishment Strategies No Longer Work. Cybersecurity Concerns Remain.

Supply Chain Design Software 109

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 109

GlobalTranz

MAY 8, 2017

This example generates a huge amount of data that can leverage in the supply chain. But, the same data can have a drastic impact on transportations planners and agencies around the globe. Today’s Status: Today, this technology is limited to automated identification and data capture (AIDC) applications.

Supply Chain Software 75

Supply Chain Software Supply Chains Automation Trends 75

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. This involves using real-time data and technology to get information about manufacturing processes when and where it is needed, in the form it is needed, to empower smart decisions about business operations.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

Logistics Bureau

DECEMBER 22, 2024

For this reason, KPIs are essential for any business improvement strategy. Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors. Use weekly, monthly, and year-on-year data for your analysis.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

GlobalTranz

MAY 12, 2021

Look for a 3PL provider that offers a TMS and technological capability to provide real-time data to drive optimized decision-making and automation. An experienced 3PL provider has developed strategies for many other shippers and can adapt successful strategies for a customized supply chain optimization plan. Technology.

Supply Chain Software 114

Supply Chain Software Supply Chain Planning Software 3PL Supply Chains 114

Logistics Viewpoints

OCTOBER 5, 2022

Here is a quick breakdown of the phases as described by both Matt and Fab Brasca, EVP, Industry and Market Strategy. SEE and RESPOND: the ability to get ahead of data, see the data and respond accordingly. The big piece here is you need to be able to break apart the data silos.

Supply Chain Software 104

Supply Chain Software Optimization Software Supply Chains Logistics Network Optimization Software 104

GlobalTranz

DECEMBER 15, 2014

You can benefit from automated packing and shipping processes, such as the use of a transportation management system , for a more efficient outcome and flow around the warehouse on the outbound side of getting out product to your customer. The Importance of Real Time Data and Visibility in Technology Mirrors GEMBA and KANBAN Philosophies .

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 100

FreightWaves SONAR

APRIL 29, 2021

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Using SONAR data in contract negotiations with carriers and 3PLs. . SONAR data can identify tight relationships such as U.S.-bound

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

MARCH 2, 2021

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 White Paper.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

GlobalTranz

SEPTEMBER 14, 2018

Warehouse Managers Avoiding Omnichannel Supply Chain Strategies Will Lose Competitive Ground Competitive advantage is based on the ability of companies to offer products or services at reasonable, competitive prices. Integrate inbound and outbound logistics and supply chain management systems.

Price Reduction 48

Price Reduction Cost Reduction Inventory Reduction Supply Chain Software 48

FreightWaves SONAR

MARCH 22, 2021

The WRI combines outbound tender market share (OTMS) and the weekly change in tender rejection rates (OTRIW). For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days. FreightWaves SONAR is the fastest and most comprehensive freight market data and analytics platform in the world.

Capacity 98

Capacity Price Reduction Demo Cost Reduction 98

Logistics Viewpoints

OCTOBER 10, 2022

Implementing the solution involved cleaning up master data and mapping their complete global supply chain. Risk management solutions scrape data from hundreds of thousands of online & social-media sites, but Autoliv also has access to sources of information that they pay for. The implementation was not trivial. Any final thoughts?

Supply Chain Planning Software 117

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 117

Logistics Viewpoints

DECEMBER 7, 2021

E-commerce order volume keeps climbing, straining carrier capacity with shippers sending more parcels outbound and receiving more returns inbound. Carrier capacity management strategies ease the crunch. Proactive shippers have used multi-carrier parcel shipping technologies and strategies to navigate rising carrier costs for years.

Price Reduction 108

Price Reduction Cost Reduction Inventory Reduction Capacity 108