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FreightWaves’ SaaS product, SONAR, is the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector. FreightWaves Events. Learn More About The Bloomberg of Freight. Mary on LinkedIn. Mary on Twitter.
This was an intimate, packed 2-day event with executives, customers, other market analysts, and additional Infor team members. The event began with an address from the CEO, Kevin Samuelson, and CTO and President, Soma Somasundaram. Together, they presented the vision for the future and innovation priorities.
Each presentation was exceptional, and the event viewed ESG from a holistic but pragmatic perspective. They will handle providing accurate data across their operations, including product sourcing, procurement, and transactions, to name just a few.
Brad brings it all to the table from characterizing Emerge’s brand and culture, presenting Emerge’s value proposition to the industry, and determining pivotal insights to enhance customer experience. Emerge is custom built for freight RFP events and as a result the process is streamlined, easy, and saves shippers time and money.
These impacts to the road infrastructure and expected congestions are already presenting delays and disruptions for retailers. “A A major general merchandise retailer we work with has delayed all non-perishable inbound freight into Tampa for a week,” Byrne told Sourcing Journal. It stayed, and it’s helping. It didn’t last very long.
Supply chain management The international sourcing of automotive components is now a common practice but it can still present challenges. To avoid this, distributors need an ERP that gives them visibility across the supply chain by tracking materials from source through to final destination.
Companies must harness a wide variety of data structures and formats, spanning internal and external sources. Planners need the right information at the right time, presented with the proper context, to make meaningful decisions. of events and respond accordingly. For instance, detecting a delay in a shipment is not enough.
This is particularly important during periods of heightened security needs, such as holidays, major events or during peak business seasons. For example, pesticide products or machinery sourced from overseas might face higher costs due to tariff proposals on imports, particularly from China.
This enables companies to adjust sourcing, production, and logistics well in advance of potential disruptions. AI integrates external data sources such as weather forecasts, geopolitical events, and social media trends to refine demand projections. Challenges and Constraints AI adoption presents several challenges.
She explained that, “Before we were talking about event management and alerting solutions where you transferred your data into event management systems and tried to generate proactive alerts. The post Supply Chain Visibility: Past, Present, and Future appeared first on Talking Logistics with Adrian Gonzalez.
Courney is a Strategic Event Executive and the Chief Corporate Development Officer and President of Manifest at Connectiv, a live event studio based in NYC. Connectiv produces world-class industry leading events that focus on disruptive technology. We are a private live event studio. Anyway, it was a great event.
He also spoke at the ARC forum in 2023, and this article is based on that presentation as well. The occurrence of any of these events disrupts the global supply chain and can deeply impact profitability. One event could create so much churn, Mr. Al Syed explained. trillion records from 47 data sources in the Cognite platform.
Now more than ever, organizations must prepare their supply chain for the present and the unknown challenges and opportunities in the future. Doing so helps organizations detect market shifts and makes supply chain decisions more forward-looking than an analysis of the past, present, and at best, a tactical view of the future.
Indeed, the transition has taken place so swiftly that some companies may still need to fully grasp the present or future possibilities to exploit distribution performance as a competitive advantage. Big Data and Analytics With the latest analytics technology, you can further refine your fleet’s efficiency and plan more accurately.
COVID-19 and Hanjin’s bankruptcy both have had significant impacts on the global supply chain and share commonalities in the following ways: Disruptions to global trade: both events led to delays and increased costs for shippers and manufacturers who had to find alternative ways to transport their goods.
Marisa Brown, Senior Principal Research Lead, Supply Chain Management at APQC (American Productivity & Quality Center) recently gave a presentation at ARC Advisory Group’s Supply Chain Forum. In her presentation, Ms. Because of the pandemic, risk management surrounding sourcing has become top of mind in supply chain organizations.
Building resilient supply chains that can quickly adapt to unexpected events is crucial. Environmental Sustainability Meeting environmental regulations and sustainability goals presents challenges in industries with high carbon emissions or those reliant on scarce resources.
In May, I attended the Kinaxis Kinexions event in San Diego, CA. At the conference, I was fortunate to see a presentation from Brent Wilson, Senior Vice President of Global Supply Chain at Qualcomm. Brent pointed out that Covid created small interruptions for many companies in terms of sourcing semiconductor chip materials.
Not only is it presenting significant issues for warehouses and those working in them but also the ability for companies to utilize their supplies. This is only being exacerbated by the growing demand for delivery by customers as so many of them are limited to their homes at present. Contact Your Procurement Team.
The report is researched and prepared by global consulting firm Kearney and presented by Penske Logistics. Before the COVID-19 pandemic struck, supply chains were lauded for their ultra-efficient, single-source and just-in-time capabilities. Click here to register for this online event. By Alen Beljin.
It’s human nature to want to start a new year with new goals—the ever-present new year’s resolutions. Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Typically, we make it at least one month into the new year before we have to revise our plans.
Sourcing in China: An Importer’s Guide. Boasting the 2 nd largest economy and leading the world in exports, China has become the preferred source of supply for many US importers. However, sourcing in China can be a challenging assignment. Indeed, many exhibitors at these events showcase samples of their products.
Retailers are hungry for supply chain innovation Attendees flocked to the innovation showcase stage presentations on Tuesday afternoon to hear companies give five-minute pitches. Roadie presented its “on-the-way” delivery service that uses extra space in passenger vehicles for flexible shipment options.
The main take aways from the presentation earlier this year were the following: The auto industry has made supply chain risk management a priority since the Fukushima nuclear disaster in 2011. They wanted these diverse sources of information pulled together in one central, user-friendly location they call their “garage.”
This past weekend, I decorated my house with my kids with our usual Halloween flare: skeletons, spiders, skulls, gravestones, and the ever-present flying bat. All Mars’ products in Europe to be sourced with 100% sustainable cocoa. While the Halloween season is just getting started, retailers are clearly looking ahead.
We’ve already talked about how to best prepare for disruptive and unprecedented events like coronavirus, but what do you do once it’s already here? If our network of 350+ 3PLs doesn’t have space, we’ll source it for you. Our team of operations specialists is ready to reach out to our partners. Contact us at [link]
The conference as a whole was fantastic, from the location and networking events to the conversations I had and sessions I attended. Companies are sourcing materials from all over the world, and need to identify those regions which are most important, and which provide the greatest risk for disruptions. According to Ms.
Additionally, relevant data can then be extracted and applied to a “blueprint” for subsequent natural events, improving the outcome each time. But uncovering data is only the first step – it’s equally important to make that data actionable. Predictive Analytics Enabling Risk Mitigation.
In fact, at one conference this spring, after delivering a keynote presentation that had nothing to do with technology, the very first question I received from the audience was “What do you think about blockchain and its potential in supply chain management?”. Source: IBM. IBM Watson Supply Chain Summit.
If, like many business leaders, you’re looking for ways to make your supply chain more resilient to major disruptions and black swan events, you might like to consider initiatives based on the following guiding principles. Take an approach of diversification towards sourcing raw materials, components, and products.
The answer lies in how shippers present the information to carriers – indicating how carriers can benefit from tapping backhaul opportunities in in-demand markets. CRITICAL EVENT CONDITIONS LIKELY TO CAUSE ROAD CLOSURES Analytic data insights also allow understanding of how critical events affect road conditions.
A lot of data/information is communicated in batch and serial mode, sometimes hours or days after a transaction or event occurs. Within X hours of the event, we contacted all of these suppliers and determined that X supplier has shop floor damage. N single sourced parts with revenue impact $X-$YM each are manufactured at this facility.
3PLs can quickly assess client-level profitability via accurate cost-to-serve metrics and analytics on demand while creating a verifiable audit trail of events and charges that reduce potential credit settlements and contribute to customer satisfaction.
Taking place recently in Antwerp, the 2022 event included insights from 15 companies including Microsoft, Bosch, Orange, Deloitte, Air Products and EcoVadis. Microsoft focused on digital ecosystems and cyber security, whilst Bosch presented simple concepts for consignment tracking. CLICK HERE to view the after event movie.
Driver dwell is a key source of driver dissatisfaction and contributes to the driver shortage. This was an online event. Weisenberger’s presentation particularly interesting was that while Ms. K-C needed one solution … to understand where loads are all across the organization” based on “one source of truth.” What made Ms.
MODEX 2024, held in Atlanta, Georgia, from March 11 to 14, attracted more than 35,000 attendees and featured over 150 educational sessions, keynote speakers, and networking events. NLP can also help robots to access and process information from various sources, such as manuals, databases, or websites.
Source: Morai Logistics. Source: SupplyChainOpz.com. Source: Big Data Analytics in Supply Chain Management: Trends and Related Research. Presented at 6th International Conference on Operations and Supply Chain Management, Bali, 2014. . Check out the infographic below for all the facts!
It’s important to sit down and have those conversations now so when the opportunity presents itself for portions of your freight to move, like in an LCL shipment, you’re ready to make the call. With today’s demand, most shippers would classify all their freight as a top priority but shipping it all at once may not be realistic.
Through data integration and the ability to translate and share information flowing in from customers, vendors, carriers, order management, mobile applications, financial systems, emails, portals and more, today’s TMS can become a rallying point for all transportation related events and data for true inter-enterprise visibility. Conclusion.
Current and future applications have the potential to provide new methods of value creation and sources of revenue streams for companies in the digital age. For instance, when a supplier cannot deliver on time, that event could trigger an automatic search for an alternate supplier within the interconnected intelligent system.
The transition has taken place so swiftly that some companies may still need to fully grasp the present or future possibilities to exploit distribution performance as a competitive advantage. Big Data and Analytics With the latest analytics technology, you can further refine your fleet’s efficiency and plan more accurately.
The HAHN Group MOBILE.EXPO is picking up speed and presenting its technologies and products with its innovative exhibition and trade fair concept at 13 locations in Europe. Managing director Björn Culmone and his deputy Andrea Hert are happy about the successful start of the event series at their location.
Visitor registration is open for Intermodal Europe 2022 , the leading container shipping and intermodal transport event which returns 8 – 10 November to the RAI, Amsterdam. But it doesn’t compare to live, real-time asset and cargo data.
According to psychology experts asked to comment on this phenomenon, the tendency toward panic buying is due to the nature of the Coronavirus event, which unlike more acute natural disasters, presents a largely unknowable prognosis relating to impact-timescales and intensity. Source Australian Bureau of Statistics.
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