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Supply Chain Analytics: Opportunities in Data Analysis and Business Intelligence

Altexsoft

Supply chain practitioners and CEOs surveyed by 6river share that the main challenges of the industry are: keeping up with the rapidly changing customer demand, dealing with delays and disruptions, inefficient planning, lack of automation, rising costs (of transportation, labor, etc.), Optimization opportunities offered by analytics.

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5 hot IT budget investments — and 2 going cold

CIO

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. At the same time, they are defunding technologies that no longer contribute to business strategy or growth.

Budget 363
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What is Transportation Management System: Benefits, Features, and Main Providers

Altexsoft

Transportation itself doesn’t generate revenue. Basically, shippers, retailers, and logistics service providers may have a very vague idea about their transportation process. What a Transportation Management System (TMS) is. TMS receives data about the status of transported goods via API or EDI channels. Order management.

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Freight Forwarder: Key Workflows and Technology

Altexsoft

Freight forwarders are experts that boost global trade and international transportation. So in this post, we look at freight forwarders’ role in the global supply chain and discuss how technology can support their operations. In 2021, according to different studies, the freight forwarding market was valued at $186 to $192.5

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Logistics Management Systems: How Warehouse, Transportation, and Distribution Software Work

Altexsoft

Digitalization will allow warehousing and transportation operations to elevate customer experience, deliver more value to partners, and consequently – create an effective ecosystem of supply chain providers: manufacturers, carriers, freight forwarders, and more. Strategic transport planning. Transport management.

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Rail Fleet Management: How Technologies Help Handle Asset Tracking and Maintenance in Freight Rail Industry

Altexsoft

Railroads are an indispensable part of the supply chain when transporting both bulk shipments and intermodal containers. For that, you need to have complete control of your assets and full visibility into related business processes. So, let’s talk about how modern technology can help you manage your rail fleet. ETA forecasting.

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Asset Tracking in Logistics: When and Which Technologies to Implement

Altexsoft

Companies lose 10 to 40 percent of supply chain assets annually due to misplacement, theft, or breakage. Telsyte’s Asset Loss White Paper claims that businesses expect a $1.34 The same technologies can also be used to track people within the facility (mainly for security, navigation, or analytics purposes).