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Trusted by over 1,400 shippers—including 13 of the Gartner Supply Chain Top 25 and 78 Fortune 500 companies—DAT iQ delivers real-time insights, benchmarking, and forecasting tools that optimize operations, mitigate risk, and improve profitability for supply chain shippers.
As customers increasingly demand rapid and reliable delivery, optimizing this final leg of transportation becomes essential for businesses aiming to enhance customer satisfaction and operational efficiency. Key Benefits of Last-Mile Delivery Optimization: Reduction in operational costs and fuel consumption.
Kelly is the VP, Product Management of Trimble Transportation , a technology company that offers a suite of transportation technology solutions, including fleet management, route optimization, and freight visibility tools, to improve efficiency and safety.
Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supply chain analytics, carrier management, and transportation procurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. Ryan Soskin and Joe Lynch discuss insight to action.
The common frustration in the weeks following a classic 5 day “kaizen event” (which go by many names) is that the follow-on actions are not completed, and the changes that were made erode quickly. What Happens During the Event. Look at how the structure of these events drives how people interact with one another.
Tive is a cloud-based platform that uses IoT sensors to capture critical real-time shipment sensor data as products are shipped worldwide. Krenar Komoni is the Founder and CEO of Tive , a company that is re-imagining supply chain visibility with sensor-driven awareness and analysis tools of in-transit goods, from start to finish.
A data-driven, technology-enabled approach is required to build resilience and efficiency. AI and Automation in Supply Chain Management Technology is redefining supply chain operations. The companies investing in these technologies are gaining measurable operational advantages. percent, and extending payment terms.
Most supply chain and logistics teams have recognized that the only way to combat todays incredible level of uncertainty is by adopting and applying digital tools. The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools. billion in 2023 to $13.3
While traditional WMS platforms have served as the backbone of warehouse operations for years, their static nature can limit your ability to stay agile and competitive. Predefined Rules and Processes – Traditional Warehouse Management Systems (WMS) rely heavily on predefined, rule-based logic to dictate workflows.
They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. Enterprise resource planning (ERP) systems, while effective for tracking transactions and inventory levels, lack the predictive capabilities needed to anticipate and mitigate risks.
Global supply chains have been tested repeatedly by a series of disruptive events, including the COVID-19 pandemic, U.S.-China These decentralized networks aim to boost flexibility, reduce risk, and improve responsiveness, aided by technologies such as blockchain, AI-driven logistics, and expanded visibility into supply chains.
Jack Fiedler : We’re unique in the technology industry. We’ve taken the same hybrid approach from a supply chain technology perspective. I’m responsible for the overall digital transformation, including technology. But then it very quickly evolved into a full intelligence platform.
Whether that is the case or not, a brief study of the origins and progression of fleet route optimisation, covering the last three decades or so and looking forward to the near future, highlights in a spectacular way how technology, in particular, has revolutionised the business of logistics. “I would begin my shift at 2 p.m.
Tive is a cloud-based platform that uses IoT sensors to capture critical real-time shipment sensor data as products are shipped worldwide. Krenar Komoni is the Founder and CEO of Tive , a company that is re-imagining supply chain visibility with sensor-driven awareness and analysis tools of in-transit goods, from start to finish.
Moving merchandise means contending with hurricanes, pandemics, geopolitical events, unexpected demand, human errors, labor shortages — and the list goes on. Fortunately, digital technology has evolved to mitigate most of these risks, from inbound freight to return authorizations.
Join Forces to Optimize the Safety, Efficiency and Accuracy of Last Mile Delivery for Commercial Fleets Nauto and Beans.ai The combined expertise of Nauto’s advanced fleet safety technology and Beans.ai’s cutting-edge routing solutions optimizes last-mile operations, reduces delivery times, and improves overall fleet management.
Over the past year, global supply chains have faced relentless disruptions across multiple fronts, writes Matt Gregory (pictured), Managing Director Northern Europe, Körber Supply Chain Software. Adapting to Thrive One key technology driving challenge mitigation is a digital twin. Geopolitical tensions, including the prolonged U.S.-China
Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.
If you have been through this process at least once, you already have a good idea of what supply chain design is about: optimization. When most people hear the word “optimization,” they immediately think about minimizing costs. But optimization is much more than that! Let’s continue with this analogy.
Before a potential customer buys an autonomous mobile robot solution, Locus Robotics often uses different types of simulation to determine the type of robots needed and the number needed to optimize productivity at a warehouse. Some very large manufacturers and logistics service providers have the capability to use these tools.
When my fiance heard about the price, he advised that I find a local hairdresser and set up a frequent-shopper account with them for a few months until the tool is back in stock. We can say things have changed, and the pandemic is not just an anomaly event after all. The planning platforms need to evolve with changing business needs.
Optimize Inventory Management Inventory often represents one of the largest expenses in a supply chain. By leveraging predictive analytics and a just-in-time (JIT) inventory model, you can maintain optimal stock levels, which reduces storage costs and cuts down on waste from unsold items.
With the justification aside, they next had us go through exercises calculating net present value and ROI for a hypothetical capital investment in tooling – as though a shop floor supervisor would do this at any point in the course of their job. Optimizing for RONA RONA is calculated by dividing net profit by total assets.
If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges. They enable logistics teams to identify disruptive events such as transportation roadblocks, missed incoming deliveries, asset downtime and labor shortages.
In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supply chain professionals build their strategies. These tools are helping businesses advance operations, enhance efficiency and drive growth, irrespective of the volatile economic market conditions.
an AI-Powered software to help companies run leaner, faster, smoother, and safer operations out of the box. Since then, he has been eliminating one global bottleneck after another, with his current focus on optimizing supply chains that extend to Mars. About Ali Raza. Ali Raza is the Founder and CEO of Throughput, Inc., ThroughPut Inc.
Supply chains are largely defined by the technology that facilitate them, as such it’s crucial to know the technology trends that are shaping the year. As such, technology has had to keep abreast of these new requirements. However, there are a number of technology trends worth keeping track of.
Read also: Why Do Businesses Need Route Optimization? The answer lies in technology. As we’ve seen time and again, technology stands at the forefront of solving complex challenges. The right solutions can enable: Route Optimization Route optimization is a game-changer.
Legacy Customer Relationship Management (CRM) softwaresystems, such as Salesforce, were originally developed to help sales teams funnel and track potential customers through long sales pipelines, from generating leads to closing the sale, then supporting and maintaining the customer relationship. What is CRM Software?
Legacy systems are not built to allow brands to self-service manage these capabilities, limiting how much investment brands can make in these growth strategies. Be sure to select technology partners that also have experience and value propositions specific to channel expansion.
As we look ahead to 2025, businesses are increasingly turning to AI-driven technologies to streamline last-mile delivery, cut rising costs, and keep customers satisfied. From advanced route optimization to autonomous delivery vehicles, AI is transforming the most challenging segment of logistics.
These virtual replicas of physical assets, processes, or systems allow leaders to simulate, analyze, and optimize real-world performancewithout incurring real-world risks. Traditional planning tools often lack the agility to respond in real time. Step 3: Choose the Right Platform You dont need to build from scratch.
Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. Agentic AI involves creating a system of interacting agents, each trained on a specific task or dataset. The occurrence of any of these events disrupts the global supply chain and can deeply impact profitability. Celanese has 2.5
While this creates tremendous value , it also br ings the inevitable risk that certain event s can have far-reaching consequences that influence supply chain s more than ever before. Natural or man-made disasters lead to disruptions that affect the entire distribution system and force reactive decision making.
Original article: PODCAST: Modern Courier Delivery Compliance Considerations: Understanding SOX and SOC Compliance Logistics and supply chain are some of the world’s most complex and regulated industries, which has been further compounded by increasing reliance on data and technology in both fields. What Is SOC Compliance?
The goalposts are constantly moving due to factors like global disruptions, technological advancements, and evolving customer demands. Use tools to automate root cause analysis and reduce dependency on manual reporting. Talent and Technology Integration Resilient supply chains invest in both talent and technology.
Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products. A holistic, unified view of sourcing that brings bills of material, master data management and downstream systems. Price Volatility.
Reactive evaluation post-event is the norm. Technology is part of the problem. As Lora Cecere writes , systems are becoming more complex, “but the primary means to manage trade with network partners is through spreadsheets and email.” Selecting software for supply chain network design doesn’t have to be a hassle.
Changing consumer preferences, rising competition and new technologies are compelling food companies to rethink their approach to supply chain management. The first product of this partnership is TacticalOps, a Planning & Optimization solution for Food Manufacturers. Like all technology, analytics adoption goes in waves.
Lack of integrated systems that may work in silos but fail as a connected setup. Dependence on legacy systems to manage complex operations. Apprehension to invest in technology owing to blind misgivings about ROI. Logistics Service providers will become large technology companies in the future. Integrated Systems.
From new tech breakthroughs to changing customer expectations and unexpected global events, businesses need to stay flexible and ready to adapt. This year, its all about resilience, sustainability, and using technology wisely to stay ahead. AI-driven tools are helping businesses minimize errors and make faster, smarter decisions.
The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. To define what exactly it is, a digital twin is a virtual replica of a physical asset, process, or system.
Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk. But with a black-swan event, it just magnifies the risk.”. The COVID-19 crisis has hit the global supply chain from all sides.
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