Data collection: How small data points inform the big picture

{lm_summary}

Latest News

State of Logistics 2016: Pursue mutual benefit
Despite mixed Q2 results, transportation & logistics deal making prospects look bright
Managing Global Transportation: How NVOCCs can operate more profitably
STB rolls out proposed reciprocal switching regulations
Climate Change Bringing More Rain Will Complicate Supply Chains
More News

Latest Resource

Managing Global Transportation: How NVOCCs can operate more profitably
Global transportation isn’t getting any easier to manage. With new rules and regulations to learn, new compliance requirements to adhere to, and new customers and business partners to onboard, navigating the complexities of the global market can be difficult for any company. To fully leverage their global supply chains, firms need a robust, global transportation management system that helps them navigate this ever-changing environment.
All Resources
By ·

Big data might be the next frontier in the optimization of materials handling systems, but many companies would settle for some smaller data about their operations. Substantial improvements could be found in the answers to simple questions: Where is it? When was it put there? How long did that take?

The examples here include how one of the largest 3PLs in the world replaced pens and clipboards with radio frequency identification (RFID) tracking technology to cut administrative costs and provide unprecedented visibility into yard operations. Another company used intuitive mobile computers and a new warehouse management system to transition away from a reliance on the “tribal knowledge” of a workforce with an average of 20 years of experience. The third company set out to solve a replenishment accuracy problem, and ended up optimizing its fleet and boosting productivity.

These companies optimized processes around data, improving efficiency, flexibility and visibility. Between the three success stories, the longest implementation time was six months, by which time each company had already begun to realize the benefits of data collection.

RFID streamlines yard management, enhances visibility
Global 3PL replaces paper-based system with removable RFID tags and cloud-based software to double gate throughput.

Rugged mobile computers help weather the economic storm
Following a transition from a paper-based system, one distributor held sales steady at the height of the economic downturn.

Bar code system improves visibility into product and equipment
Distributor trims fleet, moves from 90% replenishment accuracy to 100%.


About the Author

Josh Bond, Contributing Editor
Josh Bond is Senior Editor for Modern, and was formerly Modern’s lift truck columnist and associate editor. He has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce University.

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

· All Topics
Latest Whitepaper
Managing Global Transportation: How NVOCCs can operate more profitably
Global transportation isn’t getting any easier to manage. With new rules and regulations to learn, new compliance requirements to adhere to, and new customers and business partners to onboard, navigating the complexities of the global market can be difficult for any company. To fully leverage their global supply chains, firms need a robust, global transportation management system that helps them navigate this ever-changing environment.
Download Today!
From the July 2016 Issue
While it’s currently a shippers market, the authors of this year’s report contend that we’ve entered a “period of transition” that will usher in a realignment of capacity, lower inventories, economic growth and “moderately higher” rates. It’s time to tighten the ties that bind.
2016 State of Logistics: Third-party logistics
2016 State of Logistics: Ocean freight
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Getting the most out of your 3PL relationship
Join Evan Armstrong, president of Armstrong & Associates, as he explains how creating a balanced portfolio of "Top 50" global and domestic partners can maximize efficiency and mitigate risk.
Register Today!
EDITORS' PICKS
Regional ports concentrate on growth and connectivity
With the Panama Canal expansion complete, ocean cargo gateways in the Caribbean are investing to...
Digital Reality Check
Just how close are we to the ideal digital supply network? Not as close as we might like to think....

Top 25 ports: West Coast continues to dominate
The Panama Canal expansion is set for late June and may soon be attracting more inbound vessel calls...
Port of Oakland launches smart phone apps for harbor truckers
Innovation uses Bluetooth, GPS to measure how long drivers wait for cargo