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There is a scene in Curb Your Enthusiasm where Larry David, who had never before purchased illegal drugs, asks a dealer, “Is that a fair price you’re quoting me?” Without adequate data and information on the freight market, shippers can find themselves in the same disadvantageous position as Mr. David. Request a SONAR Demo.
In addition, e-commerce’s already strong secular trend accelerated through the period as the nation stayed home while still purchasing goods for delivery, enhancing the outlook for final-mile delivery. The insights generated are the product of a deep bench of domain experts backed by the proprietary data and analytics housed in SONAR. .
While that may be too soon to call, it’s clear that these are trying times for shippers and brokers that purchase ocean capacity. The data suggest that ocean congestion and service issues are not likely to be alleviated near-term. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Request a SONAR Demo.
Feel like you keep on reading headlines about “ the Uber-ificiation of 3D printed big-data drones “? Ubiquitous data collection, as goods, supply chain assets and warehouses communicate with each all spell out huge data insights. Supply chains will need to adapt, incorporating faster, agile methods to transfer data.
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!
Instead of wasting resources to guess at which lanes and shippers meet minimum load requirements, capturing real-time freight data helps carriers identify their top performers, review eligibility for shipper-of-choice status and ensure everything runs more smoothly. Download the WhitePaper. Request a SONAR Demo.
Up to 62 percent want to purchase online and have the option of returning it in-store, and 47 percent want promotions and coupons available through their smartphone. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. GET YOUR COPY HERE.
The days of managing channels on an individual basis are over, and consumers are using multiple devices and e-commerce platforms for nearly all purchases. individuals over the age of 15 at some point use e-commerce platforms to make purchases, asserts Business Insider. Download WhitePaper. In fact, 78% of U.S.
Artificial intelligence (AI) is becoming more mainstream, and machine-aided purchases, such as voice ordering thru voice assistants like Amazon’s Alexa, are beginning to permeate everyday households. Supply chain executives express concerns over costs, disruptions to productivity, time delays, and impact on data. Download whitepaper.
The modern supply chain rests on a mountain of shipping data. However, the applications of real-time freight data remain disparate and lack value. Download the WhitePaper. Companies also need to leverage the warehouse data in conjunction with comprehensive transportation data – inside and outside of their companies.
While it may be premature to say Christmas is canceled, any company having to purchase capacity on the ocean is facing unprecedented pressure. The free whitepaper, Ocean shippers trapped in house of pain , highlights data impacting the maritime market, from the FreightWaves’ SONAR platform, as well as information from many other sources.
This article shares details on the Truck Tonnage Index, how the data reflects the overall economy, and other ways to interpret the data. Data Collection. More goods being purchased lead to more shipments to fill the orders which increase overall tonnage. When comparing year-over-year data, the July index fell 2.9%
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.
That’s where data analytics comes in.” Gaining in-depth insights and current data about the supply chain, load statuses, and consumer demands can make it easier for enterprise sippers to adjust and plan. Thus, modern advances in data collection and analytics have made it significantly easier to automate this process.
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?
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. Manifesting this trend is the terminology and concept of Digital Path to Purchase — the omni-channel, tech-focused approach to supporting and acting on a consumer’s purchase.
Given that our proprietary TMS, the Cerasis Rater , provides multiple reports, giving our shippers’ many insights, this post is quite appropriate, just like getting the data that is meaningful , in order to make the best decisions for your business possible. . Payments on leased/purchased trucks and trailers represent 11% of costs.
Dropshipping refers to manufacturers sending products directly, but products are purchased through a third-party. As dropshipping increases in use, more organizations will purchase software to manage and control warehouses. As dropshipping increases in use, more organizations will purchase software to manage and control warehouses.
When Amazon purchased Kiva robots, distribution center robots became the new “shiny object turned real-world effective object” of e-commerce fulfillment. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. Bring disparate systems together.
Primarily, the challenges in using LTL shipping apps go back to data and costs, asserts Kate Abrosimova of Yalantis , including: Lack of access to information. Poor data quality. Data that is outdated. Inaccurate shipment data. Reduced dispersion of technologies to track data in trailers and trucks.
You can purchase a ring light for as little as $30. Download the WhitePaper. 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 or to use in executing these freight broker prospecting tips.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. Use data to understand customers’ online shopping habits. Ship next-business-day as standard shipping for e-commerce purchases. Customers expect delivery on their purchases yesterday.
This naturally creates a large pool of data, and 3PIs have the technology to leverage this data to build and improve omnichannel supply chains. If the customer uses online and in-store shopping to make a purchase, shipping and pickup options should include A, B and C. Download whitepaper.
The security of blockchain procedures can reduce data entry errors and protect against data corruption , leaks, and breaches. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. 3 Applications of Blockchain Technology in Transportation Management.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. Understanding of Big Data. Big data is an incredibly complex process, but it also plays an important role in supply management. Tech Skills. The supply chain is heavily reliant on technology.
Data Types and Quality Variances Complicate Managing Supply Chain SLAs In the U.S., Since only 11 Incoterms exist in the Incoterms 2010 ruleset, some companies, as well as purchasers and consumers, may need to know additional information about a product. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER.
Most LTL drivers often operate out of 53-foot trailers, as found within the Cerasis’ Best Practices For Effective Less Than Truckload Shipping WhitePaper. According to the National Retail Federation, 85 percent of consumers purchased items online as part of cyber Monday. LTL Cost Increase From the Driver Perspective.
Get your free whitepaper. In the same manner that shopping has evolved in the world of e-commerce, how consumers pay for their purchases must also evolve. Use of Big Data for Market Behavior Analysis. Subscription Services Will Replace Single Purchases. Download Here. Use of Mobile Technology.
If you are looking to optimize VMI in regards to transportation management, contact Cerasis today to speak to one of our Account Executives or read our whitepaper on Inbound Freight Management. No Purchase Orders were used. Data entry errors are greatly reduced due to computer to computer communications.
Brick-and-Mortar Retail Is Often Left Behind in the Digital Inventory Management Conversation As explained by William Terdoslavich of DMN News , customers expect instant gratification when purchasing products in-store, and the same feeling exists when making an online purchase. Download WhitePaper. GET YOUR COPY HERE.
As explained by Dan Goodwill via Canadian Shipper, the problem goes much further than that, including lacking compliance management, subpar, if any, use of transportation management systems (TMS, and failure to utilize granular shipment activity data. Full Truckload WhitePaper Series. Download Here. New Series.
As the storage space of data has fallen, warehouse managers ’ rationale for avoiding IoT technologies has become even more archaic. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper.
Let’s take a closer look at why it again harkens to the value of real-time data and how it adds value to the supply chain. Download the WhitePaper. While today’s customers are clamoring for their latest purchases today, they are environmentally conscious. The challenges of tracking intermodal shipping costs and value.
Customer service is more important than ever, and customers expect purchases to arrive at record speeds with free or low-cost shipping, says GlobeCon Freight Systems. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper.
Intermediaries may include financial experts, data analysts, freight auditors, and more. In general, today’s supply chain executives and managers continue using outdated, manual data entry processes, which will increase risk. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. Blockchain validates information.
Get Your Free WhitePaper Today. Decentralized data is the hallmark of the blockchain, but companies working to develop in-house blockchain platforms will face a problem. If every company develops an in-house solution, it will be no better than the traditional means of tracking shipment data. Download Here.
A lack of data is the absolute villain in this scenario for brokers and all trading parties. Gather data for the analysis. Additionally, integrations into telematics for real-time data or connecting via IOT-enabled sensors bridge the disparities in various network assets, including equipment and individual pallets.
According to Steve Banker via Forbes , Amazon’s purchase of Whole Foods positioned the company to corner the omnichannel area , and Amazon went a step further. Get Your Free WhitePaper Today. Freight data use. White-glove logistics. Data in trucking. Meanwhile, inventory levels rose 3.6 Download Here.
Blockchain Offers Significant Benefits to Returns Management Consumers are turning toward eco-conscious decisions in purchases, and blockchain technology could be the solution. Since products may be used before returned, the burden of ensuring the privacy of consumer data and integrity of the product falls to the manufacturer or shipper.
GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. Modern ERP systems utilize cloud data to facilitate the availability of material at all time so that there are no stoppages in the production function due to lack of inventory. The Trends that Will Forever Shape Manufacturing in 2018 & Beyond.
GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. When selling logistics, we all want to paint a picture of a better future, post purchase. That data point wasn’t hard to uncover. The Top Logistics Trends that Will Impact Logistics Management in 2018?. He’s now on my radar as a carrier for that city.”
Deloitte’s conclusion is based on more than 140 years’ worth of census data for England and Wales dating back to 1871 as they tracked the relationship between jobs and the rise of technology. According to a study undertaken by economists at Deloitte, automation has ‘generated more jobs than it has destroyed.’.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. Due to this focus on the customer, consumers will reward those who have taken the leap into supply chain technology implementation by making more purchases, thus increasing revenues.
E-commerce is growing faster than ever, and more consumers are leveraging online platforms in making purchasing decisions. Get Your Free WhitePaper. Dynamic routing tools use real-time data to move product faster, such as avoiding traffic delays and adverse weather asserts Roberto Michel of Logistics Management.
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