This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Shippers, brokers, carriers, news organizations and industry analysts rely on DAT for trends and data insights based on a database of $150 billion in annual market transactions. Adamo has been quoted in the Wall Street Journal and extensively in trade publications as a leading voice on freight market trends.
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.
Data-Driven Insights: DAT offers advanced analytics, providing shippers with actionable insights to optimize transportation decisions and mitigate risks. Network Analytics: Shippers gain granular visibility into capacity, helping them optimizesourcing and manage their transportation network more efficiently.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?
They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. Organizations examine past sales trends, apply seasonal adjustments, and make forecasts based on historical models. Amazon is a leader in AI-driven supply chain management.
Companies leaning heavily on global sourcing? Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. What Is Agile Procurement? Agile procurement is your lifeline.
Predictive analytics, fueled by vast datasets including historical sales, market trends, and weather patterns, enables businesses to optimize inventory levels with precision, reducing overstock or shortages and ensuring customer satisfaction through accurate demand forecasting.
The COVID-19 pandemic and ongoing geopolitical shifts demonstrated the risks of relying on single-source suppliers and minimal inventory buffers. AI-driven analytics, machine learning, and robotics are improvingprocurement, inventory management, logistics, and supplier negotiations. Resilience is now taking precedence.
Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski
Procuring freight can be cumbersome, time-consuming, and error-prone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone.
Shippers, brokers, carriers, news organizations and industry analysts rely on DAT for trends and data insights based on a database of $150 billion in annual market transactions. DAT iQ provides freight intelligence to inform your budget and procurement strategies so you can navigate market volatility with greater confidence and agility.
Joe Lynch and Steve Elwell discuss 3 emerging supply chain trends. Steve helps businesses manage challenges through improvements to leadership, liquidity, sales, and costs. Steve Elwell is the Founder of iDev Partners , which is a business consultancy focused on turnaround, growth, and Improvement. About Steve Elwell.
This award featured two main categories, Small Business <$50 million and Enterprise >$49 million, and then five sub-categories within each main category: Procurement/ERP Software, Robotics, Supply Chain Visibility Solutions, WMS/TMS Software and Warehouse Automation.
From balancing cost-efficiency with ethical sourcing to enhancing transparency and integrating corporate social responsibility (CSR), businesses face mounting pressure to align their operations with sustainability, technology, and energy practices. The energy sector provides a compelling example of CSR-driven compliance.
We remind why suppliers are critical for supply chain success and what CEOs and business leaders can do to improve supplier relationships. When companies collaborate closely with suppliers, they can co-develop new products and improve existing processes, leading to competitive advantages in terms of product differentiation.
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently.
It can be a direct reflection of current market trends, as many publicly traded companies operate within the global supply chain. Three technologies have emerged as game-changers for third-party logistics (3PL) and supply chain experts: large language models (LLMs), freight optimization platforms and no-code automation.
Retain and Utilize Memory: They utilize short-term and long-term memory to learn from user interactions and provide personalized responses, with the ability to share memory across multiple agents in a system to improve consistency. Typically, these systems consist of standard-task agents (e.g., data extractors or image interpreters).
These passports document all aspects of the life cycle – from the sourcing of raw materials to final disposal or recycling. Information must be collected at each stage of a product’s life, including material sourcing, energy use, and environmental impact. What Components Comprise a Digital Product Passport?
Her supply chain and traditional G&A consulting background bring a unique perspective to clients who must work across their organizations to drive supply chain initiatives with Procurement, IT, Operations, and the C-suite. At DAT, she has been instrumental in growing the shipper practice.
Image source: iStocks | Top 7 Most Impactful Logistics Trends to Watch in 2025 As another year comes to an end, managers and business owners are dedicating themselves to a crucial stage in the success of any business: evaluating what worked and what can be improved in their operations.
Mike has extensive experience in Transportation and Logistics from procurement through operations leadership spanning 25+ years. JBF expedites the transformation of supply chains through logistics & technology strategy, commercial & bespoke software implementation, and analytics & optimization. About Mike Wolf.
Innovation Pillars: Diagnose: primarily powered by Infor Process Mining, this capability helps organizations gain visibility into business processes, uncover non-conforming variants, identify critical bottlenecks, and optimize operations based on data. Smart Import is also being leveraged to accelerate data integration from various sources.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
A single, centralized source of truth for your organizations data is no longer a luxuryits a necessity for businesses seeking to scale efficiently, enhance profitability, and make informed, data-driven decisions. Missed opportunities: Businesses cant identify patterns or optimize strategies without cross-branch insights.
Senior leaders must think beyond incremental improvements, embracing systemic innovation to achieve significant environmental impact. Meanwhile, advances in AI-driven route optimization reduce unnecessary mileage, cutting emissions and costs. Ethical sourcing is a fundamental aspect of social sustainability.
Automotive distributors play a vital role in the automotive supply chain by procuring parts, warehousing them, and then supplying them to OEMs (original equipment manufacturer), retailers or end consumers. The data can be used to identify inefficiencies in the supply chain, improve inventory management, and streamline operations.
It’s not news to anyone that digitization is a roaring trend and I’m here to say: embrace it. With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing.
AWS , Google , and Microsoft are also investing heavily in custom AI chips to reduce their dependence on NVIDIA and optimize performance and cost. Google has developed multiple generations of its Tensor Processing Units (TPUs) , which are custom-built ASICs optimized for TensorFlow and used by Google Cloud for machine learning workloads.
Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.
This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. By optimizing freight routes, companies can lower transportation expenses while improving efficiency.
If you are a finance professional in a manufacturing business, your main goals are to reduce risk, improve profitability, and maintain high levels of compliance. A better way is to connect your Excel reports directly to the data source and get the same reports you used to spend hours or days creating, in minutes. Analysis is limited.
A data warehouse, like Wavelytics’ Data Factory, works to connect to your existing systems and bring all of your data together under one roof, creating a single source of truth that provides your business with a significant edge over competitors still struggling with fragmented information.
Image source: Pexels | Shipping Trends for 2025: What Will Change and How to Adapt The logistics industry is continuously evolving, and as we move closer to 2025, businesses will face a range of transformative changes. Have you considered how open communication could improve your delivery accuracy?
Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.
Procurement & Supplier Agreements Traditionally, businesses negotiate procurement contracts manually, issuing purchase orders, invoices, and letters of credit that require human validation. How Smart Contracts ImproveProcurement Automated Payments: When a supplier meets predefined conditions (e.g.,
These tools can transform your supply chain, helping you predict inventory needs, automate repetitive tasks, and optimize delivery routes. Companies that have successfully implemented AI have seen improvements in logistics costs by 15%, inventory levels by 35%, and service levels by 65% compared to competitors. Why it matters?
Spend Management Takeaways SAP continues to invest in using generative AI to improve the user experience. SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions.
Companies can benefit from data insights that improve scheduling efficiency, reduce travel time, optimize inventory and enhance customer satisfaction all critical factors regardless of company size. The most effective approach combines historical trend analysis with real-time monitoring to gain both perspective and immediacy.
Global Logistics Trends 2025 Navigating Key Logistics Trends for High-Value Importers Sourcing from China and Beyond Listen to Our Analysis Your browser does not support the audio element. We partner with importers like you, offering personalized service, supply-chain optimization, and expert customs consultation.
They can ingest large volumes of functional data and leverage advanced intelligence to recognize broad trends and specific disruptive events. They are applying predictive analytics and data science to choose an optimal response quickly, driven by facts and pre-defined business outcomes. billion to $23.07
The solution is to back up, figuratively speaking, to the general definition of the need and see how overall trends and developments in the world could make this need map onto other, different solutions. This trend represents a fundamental shift from traditional asset-heavy models to more flexible, collaborative approaches.
3 Emerging Supply Chain Trends with Steve Elwell. Joe Lynch and Steve Elwell discuss 3 emerging supply chain trends. Steve helps businesses manage challenges through improvements to leadership, liquidity, sales, and costs. Key Takeaways: 3 Emerging Supply Chain Trends. Trend #2: Near sourcing and shorter supply chains.
Image source: Pexels | 7 Cost-Saving Tips Every Supply Chain Manager Should Know Managing costs effectively is crucial for success in the competitive supply chain world. Optimize Inventory Management Inventory often represents one of the largest expenses in a supply chain. Cost Saving Tips for Every Supply Chain Manager 1.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content