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Supplychain experts point to broader carrier relationship development as critical to surviving and remaining competitive. Here’s 3 ways a TMS platform including the latest supplychain management solutions are precisely what shippers need to accomplish this goal. The pace of cost increases is unsustainable.
TMS users in transportation logistics organizations are sitting atop a gold mine of actionable data captured by their TMS solutions. The shrewd operators are leveraging these data to support predictive analyses with the goal of achieving more accurate planning and execution of logistics as product moves through their supplychain.
Now they’re looking to go beyond capturing the benefits derived from process automation, and exploring how these powerful tools can unlock efficiencies only dreamed of a mere decade ago. Benchmarking TMS data improves and enhances service levels by providing comparisons of customer service-related activities. . _.
Most respondents reported already having TMS tech deployed and presumably, they’ve already captured the low-hanging fruit of savings and efficiency gains that come with automating formerly manual processes. In order to get to the next level of savings, efficiency and competitive advantage, shippers must embrace emerging technologies.
The data is not news to anyone involved in transportation logistics. Better scheduling of pickup/deliver appointments and dock door availability improves on-time performance and reduces dwelltime for carriers who have their pick of shippers to pull for. Efficient Private/Dedicated Fleet Management. year over year.
As an increasing number of organizations engage with vendors on a global level to fulfill their supplychains, the need for supplychain robustness has never been so critical. The Global SupplyChain Landscape: What is the current situation?
Subscribe to SupplyChain Game Changer. In the shipping industry, automatic equipment identification (AEI) tags are the lifeblood of data collecting. Then, a logistician at a rail yard or trucking company can use the data in real-time. Real-Time Tracking. Collecting Data and Tracking Assets.
Here at FourKites, we’ve been keeping a close eye on what our data tells us about both the availability of goods, and the demand patterns consumers are displaying. Amidst this complicated landscape, the companies that come out ahead will be those agile enough to adjust to changing dynamics both quickly and efficiently.
Enacted last year to combat food borne contamination and illness in the food supplychain, the FSMA was created to address the 48 million cases of illness which occur in the US every year. The FSMA mandates a multi-pronged approach to improving food safety across the entire supplychain.
As a transportation logistics solution platform, UltraShipTMS already provided robust functionality for ensuring supplychain visibility to its high volume shipping clients using EDI data transmission, online portals, email and other methods. Better scheduling also supports improved customer service.
It seems carriers, shippers and the entire transportation industry are finally getting wise to something logistics IT providers have long known – cross-functional collaboration in supplychain logistics efforts is a win-win scenario for all players involved. The technology is already in place to make these changes happen.
But when it comes time for purchasing, most automotive suppliers and OEMs are stuck in an Excel world, and they’re straddled between systems, pulling data from all over the company. As a result, there’s a dispersion of data throughout the company. Frankly, that’s a very difficult and time-consuming task.
In my time at FourKites, I’ve assisted in many yard management system (YMS) implementations and asked customers why they decided to adopt a yard management system. Across the board, the responses are some variation on the theme of cutting costs and operating their yards more efficiently. The value of data in the yard.
Tools like demographic data and customer surveys help refine that understanding. Pain points occur due to miscommunication, unexpected delays, or simply inefficient management within the supplychain. Apart from enhancing client services, relevant content raises visibility and has the potential to improve SEO efficiency.
As if you needed another reason to embrace the cost-saving, capacity-finding, efficiency-boosting, customer-pleasing benefits yielded by the use of a well-designed and deployed TMS platform – the Trump Trade War and associated tariffs add another unexpected cost to already-squeezed transportation budgets.
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