As capacity tightens with the continued rise in demand, digitizing tendering processes within transportation management systems will grow in popularity among shippers.
As this vital technology continues to advance at an exponential rate, businesses that embrace AI in their supply chain operations will be well-positioned for long-term success.
As software bills of materials
analysis yields business-relevant risk information, customers will use it to make more informed decisions about what to buy and how to price risk transfers.
The LTL market continues to consolidate, and capacity will fluctuate. It is how you set yourself apart from other shippers that will make the most difference.
While a TMS can provide access to operational and market data, effectively utilizing that information to optimize supply chain operations goes beyond simply implementing the right technology.
Companies must leverage historical industry expertise as they look to incorporate cutting-edge technologies like IoT and AI to optimize manufacturing processes and adapt their organizations to future ways of working.
Expect the next generation of TMS to help provide consumers with even faster delivery speeds, and businesses with greater volumes of information, better recommendations and more accurate predictions.
The latest news, analysis, trends and solutions for big data, blockchain and the internet of things (IoT) and their impact on supply chain management. Big data describes the large volume of data that inundates a business on a day-to-day basis and can be analyzed for strategic business insights. IoT is the means that collects and sends data from a range of “things” — anything from watches to fridges to cars — that are connected to the internet with sensors or computer chips. Learn how companies around the world are using big data, blockchain and IoT for supply chain optimization and competitive advantage.
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