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Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis.
The research suggests improved enterprise Digital Supply Chains ( DSC ) can lead to a 20% reduction of procurement costs, a 50% reduction in supply chain costs, and an increase in revenue of 10%. How Will the Digital Supply Chains WhitePaper & Report Help Me? Read the whitepaper here.
Further, we wanted to also highlight an excerpt by Jeannine Kunz, Director from ToolingU-SME’s whitepaper, “ People Power: Human Capital Drives Manufacturing Competitiveness. Current manufacturing training and development best practices often integrate competency models, blended learning, and a data-driven approach.
And during times of uncertainty, which always occur in modern supply chains, effective freight brokerage must have access to the latest tools and resources. That growth is unsustainable with traditional strategies for managing loads and working with other trading partners. Why data for the sake of data fails to add value.
She is a sought after author and speaker having been published in various books, articles, and whitepapers and spoken at dozens of industry events. Circular supply chains are interconnected systems that use secondary and regenerative inputs to generate value by reducing and extending resource use. Analyzing data.
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.
Since they act as both carriers and shipper-like entities, the right blend of freight broker resources is essential to maximizing value. Near real-time data. Read why each of these freight broker resources add value for the day to day operations of a freight broker. Download the WhitePaper. Integrated systems.
The Experts’ Choice of the Top Online Logistics Resources. Likely the most well-known trade magazine, it provides data-rich material relevant across the supply chain. World Civil Aviation Resource Net. Check out his whitepapers and the Somali pirate song. Paid Premium. Journal of Commerce (5 a month).
Supply chain intelligence and actionable insights must apply the most accessible, near real-time data available. Analytic dataresources for brokers are great, but it’s equally important to realize that FreightWaves SONAR is much more than a broker-exclusive resource. Email and fax don’t cut it.
To achieve lasting success, shippers need to understand how e-commerce shipping strategies are quintessential steps in this process. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. This is the making of an effective e-commerce shipping strategy.
To help tackling both the climate crisis and other environmental challenges such as water use and waste generation, DHL has published the new whitepaper “Delivering on Circularity”, which takes a profound look at how circular economies can help with these challenges. Collective stakeholder action needed.
“What’s the best way to use data to beat your competition as a freight brokerage business?” Nevertheless, it all adds up to a greater demand for integrated systems and real-time data. Furthermore, real-time data and SaaS-based resources have additional value in the form of enabling management by exception.
Listen to “Scaling & Leveraging Freight Resources Effectively” on Spreaker. The post [PODCAST] Scaling & Leveraging Freight Resources Effectively appeared first on Transportation Management Company | Cerasis.
Wasting resources and assets cost managers a pretty penny. Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. Finding quality loads for moves on trips that would have otherwise remained empty is the best way to reduce deadheading. Think about it.
Successful supply chain management depends on the ability to collect data and apply it accordingly. As explained by Grainger , “In today’s global economy, technology trends like the Internet of Things (IoT) and Big Data have become an indispensable part of everyday business. Download the WhitePaper.
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. Get your team on board with new strategies. Download the WhitePaper.
Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages. Download the WhitePaper.
And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Carriers simply need to know where to send trucks and the proper freight rating or pricing strategies to use. Download the WhitePaper. However, that should be the exception and not the rule.
Capture and analyze data inside and outside of your network to benchmark performance. The biggest barrier to efficiency in supply chain agility rests with an inability to see, capture or analyze freight data. There are numerous data providers in the world, but the question becomes, “what does an organization do with that data?” .
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. Companies that can accurately predict market volatility trends, using indices with reefer data analytics , can ensure that they remain prepared in the event of replenishment issues. Consideration of different modes allows for more flexibility in freight management strategy.
In fact, a recent study , in partnership with Edelman Data & Intelligence, found a broad increased level of confidence from supply chain leaders despite peak season disruptions among those that have successfully implemented data-driven, third-party resources to manage heightened activity levels.
The right partner will also work with your team to implement changes based on data-driven recommendations and identify opportunities for continuous improvement. . Download the WhitePaper: Transportation Optimization: Its Strategic Role in Transportation Management. Focus on Carrier Procurement and Management. Learn More.
As further explained by Deloitte , “business cases show how new technologies – from smart sensors to advanced data analytics to cognitive computing – are transforming traditional linear supply chains into connected, intelligent, scalable, and customizable digital supply networks to help reduce costs and drive sustainable growth.”
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.
The added strain on resources is on track to force high freight volumes to continue well into the next year. Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Download the WhitePaper: Over the Road Freight Management Trends. Enabling Data-Driven Decision-Making. ?Access
Every shipping mode and method can benefit from access to accurate, real-time freight data. For instance, consider these top uses of data and calculators within existing systems: Trucking metrics can benefit from clear data highlighting key areas of profit and loss within the fleet. Download the WhitePaper.
According to Greg Siefkin of Material Handling & Logistics , “Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. Freight tech APIs collect data in near real-time. Download the WhitePaper.
This struggle can finally come to an end through the use of modern analytics and data management. Such applications of freight technology allow carriers to improve their systems across the board, improving profit margins, reducing load times, streamline shipping, and many more benefits. Download the WhitePaper.
Improve end-to-end visibility to reduce idle time and wasted resources. Apply big data through advanced analytics to understand current load rates, including predictive modeling of future rates. Apply big data through advanced analytics to understand current load rates, including predictive modeling of future rates.
Shippers want a significant reduction in the stress of logistics. A confident, data-driven trucking RFP undertaking can make a big difference in freight spend. And despite the current challenges, carriers are already looking for ways to augment their capacity through increased access to freight broker resources and beyond.
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. Download the WhitePaper. Contract versus spot data factors influence the profitability of all fleet assets. trucking market.
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.
Here are six tips for sourcing freight broker leads that will minimize the time and resources required to source and research shipper leads. . This can cut down the time it takes to identify and research shippers before making your initial contact. Download the WhitePaper. #4: 6 Tips to source freight broker leads. #1:
Transportation Management Data Insights Lead to Collaboration, Reduced Shipping Costs, & Beating the Capacity Crunch In this “The Freight Project Podcast” episode you’ll hear : The value to a business to have an executive in charge of driving change and innovation. GET YOUR FREE WHITEPAPER.
However, the routing guides can be much more clearly defined by thinking about how they apply to overall shipper stability and why consideration of market volatility data and analytics are critical to understanding service levels. Download the WhitePaper. Shippers may renegotiate with carriers through mini-bids.
Market volatility remains among the most impactful and essential of all freight analytic data that shippers and carriers need to monitor. Simultaneously, the data can tap into market volatility insight and contribute additional value when the annual RFP bidding process rolls around. Download the WhitePaper.
Streamline data capture and analysis. Failure to use data and apply it accordingly within the fleet will lead to problems securing loads, offering competitive freight rates , and keeping drivers in trucks. Freight intelligence tools help management develop a more unified freight strategy. Download the WhitePaper.
Relying solely on manual shipping data analysis continues to yield poor results. The old ways of recording, processing and responding to analytical data need a streamlined approach. Download the WhitePaper. The adage of trying too many workers and not enough leaders grows more apparent.
From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Limited data sharing within the chain. Ongoing wasted resources. Download the WhitePaper.
Asset-based carriers should ensure proper pricing alignment, which eliminates unnecessary expenditures and costs. . Additionally, real-time visibility eliminates unnecessary costs. LSPs that can better locate their assets, reduce expenses and lost time. Download the WhitePaper. Think about it.
Embracing this new approach through a unified logistics technology stack will help streamline many daily processes and cut back on wasted resources. And conservation across time, working hours, resources, and energy throughout the supply chain network becomes a reality. Download the WhitePaper.
Without the speed and accuracy of automated systems, such as to provide automated truckload freight quotes , even the best freight brokers are often left waiting for communications and follow-ups, and then making decisions based on outdated data. Real-time data is always best when it comes to intervening and addressing issues that arise.
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