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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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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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Improving Decision Making by 75% using Supply Chain Visualization

Sunflower Lab

KPI Dashboard Units Per Transaction Metric: This metric calculates the average number of units sold per transaction. By aggregating data from various customer touchpoints such as surveys, reviews, and support interactions, SMBs can gain valuable insights into customer sentiment and perceptions of their products or services.

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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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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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Terminal Operating Systems: Main Features, Integration, and Providers Overview

Altexsoft

For example, in the US, the situation in the Port of Oakland is the worst with vessels taking an average of six days to unload and load (import containers are waiting for eleven days to get transported). connected inland transportation (arrangement of cargo movement). Some of the important KPI categories that have to be monitored are.

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Procurement Analytics: Challenges, Opportunities, and Implementation Approaches

Altexsoft

Accounts payable are most vulnerable to errors (whether deliberate or not) due to disconnected and inaccurate information, especially if you have to deal with a big amount of documentation and process multiple transactions. Manual operations and/or outdated technology aren’t able to provide the required visibility and support your decisions.