Articles
Big Data
DAT iQ Optimizes the RFP Process
Analytics from DAT iQ take the uncertainty out of every step of the RFP process.
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Network Analysis Reveals Supply Chain Optimization Opportunities
A network optimization study with Odyssey Logistics & Technology gave a global manufacturer, which spent more than $1 billion annually on shipping, the insight to optimize its global supply chain network.
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3 Ways AI Can Reap Benefits
Set to generate more than $550 billion in revenue by 2024, arguably no sector in the technology world is growing more rapidly than artificial intelligence (AI) and machine learning (ML). And while AI may be experiencing well-known impacts on industries such as healthcare and retail, it’s also quietly affecting logistics and shipping, particularly freight procurement.
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Precision Starts with Visibility
The new must-have supply chain qualities are speed and accuracy—and the cost for not measuring up is unequivocally high. Manufacturers have been given a seemingly simple choice: maintain optimal levels of accuracy, dependability, and responsiveness, or pay the hefty price. Assuming success will be easy is a costly mistake.
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Navigating Unexpected Hiccups
Uncertainties and unexpected hiccups can hit businesses at any time. Without resilience and enough preparedness, a business can struggle to cope with these unforeseen events.
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7 Critical Questions You Need to Ask
With a huge number of constantly shifting variables, suppliers, and other factors to consider, it’s easy to feel that managing supply chain risk is an unending battle that you’ll never win.
Read MoreBuild an Agile and Resilient Supply Chain in 4 Steps
In an era when the most unpredictable challenge imaginable, a global pandemic, turned the business world upside down, the need for a reliable supply chain that can react quickly to any and all disruptions became the top priority for organizations. This is by no means an easy feat, and many are familiar with the concept […]
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Technology Can Supercharge Your Supply Chain, Here’s Where to Start
Q: What are the most important technology trends in the supply chain? A: With the COVID-19 pandemic still impacting global supply chains, real-time product and shipment visibility has become paramount to disruption planning and customer expectations. According to the most recent Gartner study, "By 2023, 50% of enterprises will have invested in a real-time transportation […]
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How Short-Term Bids Can Produce Long-Term Benefits
Mini-bids act as a supplemental strategy, providing short-term revisions to rein in costs and shore up failing routing guides. You need the most accurate and reliable data to execute a successful mini-bid strategy.
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Reducing Inbound Freight Costs and Improving Accounting
Q: How can our company account for inbound freight costs on our month-end accrual reports? We prefer to route our own freight and use our own third-party carriers for these collect orders. A: Unfortunately, you are experiencing an industry-wide issue. Pre-rating based on purchase order information can pose a real risk. Your purchase order may […]
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Solving the Global Data Dilemma
For as much time and effort spent trying to perfect the systems and technologies we rely on for global logistics, it seems the industry has lost sight of how people actually get work done.
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Supplier Information Still a Concern
The pandemic revealed widespread problems with supplier information on a global scale. While many procurement leaders responding to the 2021 Supplier Information Study, commissioned by Tealbook, had initially vowed to invest in supply chain resiliency, almost a year after the pandemic they still grapple with issues surrounding poor supplier information: Agility: Nearly all respondents agree […]
Read MoreSierra Wireless Launches Acculink Cargo, A Managed IoT Solution for Asset Tracking
Internet of Things solutions provider Sierra Wireless today launched Acculink Cargo, a new managed IoT solution that companies can quickly deploy to track the location and condition of high-value and sensitive assets. Delivered as a service for a single monthly fee, Acculink Cargo leverages Sierra Wireless’ expertise in IoT devices, global connectivity, and cloud to […]
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Key Questions to Ask When Considering Predictive Analytics
The transportation industry is currently adopting advanced technologies and techniques at a rapid pace. There has been an explosion of firms touting innovative and data-driven insights and a lot of companies offering tools to support predictive analytics, such as artificial intelligence (AI) or machine learning (ML) technology.
On the one hand, this is very exciting as the widespread use of predictive analytics will play a key role in the advancement of the industry. On the other hand, this technology can be daunting for someone who knows freight and logistics, but doesn’t have a background in mathematics, statistics, or computer science.
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Using Data Insights to Optimize Logistics and Transportation
Digitizing decision-making is a crucial step to leveraging data to make positive impacts in an organization. Logistics and transportation data are critical in enabling proactive decision-making that informs supply chain initiatives. Q: How does logistics data impact the rest of the organization? A: Logistics is one of the few sources of information that shows the […]
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Can Your Supply Chain Withstand the Unexpected?
Today’s supply chain is vast, expanding to every corner of the globe. With this expansion, the threat has increased significantly due to the larger attack surface. Add to that a global pandemic and the need to protect the supply chain has never been more important.
Read More3 Vital Steps Toward Contactless Supply Chains
Members of the supply chain are the unsung heroes of 2020. The chain kept goods moving throughout the country, even as the pandemic reached a fever-pitch. Each member adapted to new pressures and demands. Working to accommodate new requirements the best they could. However, just like other industries discovered this year, the supply chain unearthed […]
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How Ransomware Kidnaps Supply Chains
The volume and sophistication of cyberattacks has increased in recent years, but even more so with COVID-19 and the shift to remote work. Most notably, there has been a particularly concerning rise in ransomware attacks.
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2021: Next-Generation In-Transit Visibility
To optimize visibility for all customers using in-transit visibility solutions, Tive has launched the Open Visibility Network (OVN) starting with project44 and FourKites. Q: What is the Open Visibility Network? Is it open to anyone (tech providers, carriers, shippers, etc.)? A: The Open Visibility Network is the collection and sharing of critical shipment data across […]
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SerVaas Laboratories Cleans Up with Business Intelligence
When a company’s employee roster lists just about 100 workers, yet its products are sold in about one dozen countries, timely, accurate sales and inventory data is critical. Business intelligence (BI) solutions, however, have traditionally exceeded the budgets of small and mid-sized companies.
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