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Minimizing Supply Chain Disruption Through Analytics: A Brief Guide

GlobalTranz

Using analytics in the supply chain has the most potential to dramatically reduce costs of supply chain management, as well as minimizing supply chain disruption. This is where analytics come into play. Continuous improvement can permeate every aspect of supply chain management, ranging from vendor management to reverse logistics.

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Top 5 Practical Freight & Logistics Applications of Blockchain-Based Systems

Shipchain

Payment Management Forms Another Key Freight-Use for Blockchain-Based Systems. Scheduling Through Blockchain Increases Freight Planning and Accuracy in Recordkeeping. Increased visibility of freight scheduling through blockchain is one of the ways blockchain may impact and benefit logistics, especially as it relates to wasted capacity.

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The battle for the last mile is in the cloud, but which one?

Cathy Roberson

Cloud providers are working with partners and connecting platforms to create supply chain ecosystems in which carriers, logistics providers, and shippers collaborate. As supply chains take a more circular approach, the last-mile and reverse logistics have become critical additions to ecosystems.

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Freight Invoice Facts to Know About Errors

Intelligent Audit

Often, the general public’s view of freight transportation is similar. The Bureau of Transportation Statistics reported that, “Freight shipped across the U.S. With so much money moving across the country and globe, supply chain professionals must prioritize a proficient freight invoice and payment processing system. .

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The Value of Machine Learning Anomaly Detection in Freight Auditing

Intelligent Audit

A business owner may be aware of the setbacks to poor freight visibility , but anomaly detection might be able to locate precisely who and how it’s impacting the company. . In addition, a complete business intelligence tool can take this data and offer suggestions for freight network optimization and other avenues of improvement.

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Top Features to Look for in a Logistics Analytics Provider

Intelligent Audit

Now, the survey didn’t necessarily emphasize that companies were moving toward logistics analytics. But it did indicate that the overwhelming majority, 81% of simplifying payment processing , while 74% focus more on outsourcing logistics and transportation services. Analytics Must Offer Actionable Insights.

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Transportation vs Logistics with Marty Wadle

The Logistics of Logistics

Logistics services include: 3rd party logistics, 3PL, 4th party logistics, 4PL, Just-in-Time (JIT), Payment Auditing, Freight Auditing, Payment Processing, Freight brokerage, Freight broker, Digital Freight Brokerage.