The amount of real-time data from multiple sources needed to optimize operations and move product quickly requires advanced, artificial intelligence–enabled technology. Enter predictive analytics.
Robert Sutton, executive vice president of innovation with BNSF Logistics, discusses how supply chain service providers have pivoted to meet the needs of customers during the pandemic.
Over the past couple of years, a multitude of challenges have been thrown at supply chains that have caused what feels like a chain reaction of continuous disruption. Supply chain and procurement teams are tasked with sifting through the noise to find out what is relevant to their supplier base to ensure their supply network stays in equilibrium.
The Biden administration’s launch last week of its Freight Logistics Optimization Works (FLOW) initiative has left a number of supply chain data experts scratching their heads.
FedEx Corp. delivery contractors are demanding higher pay and changes to operations, stung by rising costs and a drop in compensation for the most recent holiday season.
Soaring U.S. energy prices are hitting all modes of transport, squeezing smaller shipping lines amid already-volatile ocean rates, as well as truckers who have to contend with delays in clawing back higher costs.
The latest news, analysis, services and systems regarding logistics outsourcing and its impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before using third party logistics providers (3PLs). New technologies that provide information during shipments are transforming the way companies work with these providers - and allowing them to stay ahead of the competition in their industries. As 3PL services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics outsourcing solutions to power their supply chains.
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