Wednesday, October 01, 2014
The data generated when shippers buy and sell goods typically includes dozens of key fields including dates, volumes, transit times, prices, accessorial costs, locations, and most recently dimensions.
Posted on 10/01 at 08:00 AM
October 2014 •
Big Data •
Big Data analytics is a big deal, particularly in supply chain management where this technology is broadly applicable but often underutilized. This month, I’ll present a brief overview of Big Data analytics, discuss its burgeoning role in supply chain management, and examine some recent research.
Tuesday, September 30, 2014
While the economy has seen more than its fair share of ups and downs in recent years, 2014 is different in that it could be the best year from an economic output perspective in the last several years. That outlook was offered up by Rosalyn Wilson, senior business analyst at Parsons, and author of the Council of Supply Chain Management Professionals (CSCMP) Annual State of Logistics Report at last week’s CSCMP Annual Conference in San Antonio.
Posted on 09/30 at 11:43 AM
Matching last week, the average price per gallon of diesel gasoline dropped 2.3 cents, bringing the average price per gallon to $3.755 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 09/30 at 10:03 AM
Diesel Prices •
Monday, September 29, 2014
A number of key topics impacting the freight transportation and logistics marketplace were front and center at a panel at the Council of Supply Chain Management Annual Conference in San Antonio last week.
Posted on 09/29 at 02:30 PM
The relationships between third-party logistics (3PL) service providers and shippers are seeing ongoing developments due in large part to the continuing emergence and sophistication of omni-channel retailing. That was one of the key findings of The 19th Annual Third-Party Logistics Study, which was released by consultancy Capgemini Group, Penn State University, and Korn/Ferry International, a global talent advisory firm.
Posted on 09/29 at 10:20 AM
Friday, September 26, 2014
Optimism in the form of increasing profits was a key takeaway in the Annual Survey of Third-Party Logistics (3PL) CEOs, released earlier this week at the Council of Supply Chain Management Professionals (CSCMP) Annual Conference in San Antonio.
Posted on 09/26 at 01:42 PM
Seasonally-adjusted (SA) for-hire truck tonnage in August saw a 1.6 percent increase in August on the heels of a 1.5 percent increase in July. The August SA index––at 132.6 (2000=100)––stands as a new SA high, with November 2013’s 131.0 now the second best month recorded.
Posted on 09/26 at 10:40 AM
Carload volumes saw a 5 percent jump compared to the same week a year ago at 302,178, and intermodal volumes hit a new weekly U.S. record at 279,777 trailers and containers.
Posted on 09/26 at 09:35 AM
61% of consumers said their perception of a company is strongly influenced by the company's environmental and sustainability policies.
Environmentally responsible supply chains not only have the potential to sway brand loyalty, but to simultaneously reduce the carbon footprint and bottom line costs through improved efficiency.
Download this complimentary white paper to learn how sustainable technological improvements and management best practices can help you.