ORTEC’s latest contributions to the logistics field spotlight their move to predictive analytics and specialized cloud solutions. This installment of the JBF Sentiment Rating series provides analysis that sheds light on how these capabilities could significantly improve routing efficiency and customization for North American operators.
Jumping right into selecting a vendor without performing the necessary internal due diligence is like releasing code without testing — it will almost always lead to disappointing, if not catastrophic, results.
Over the past 20 years there’s been a great deal of change in logistics technology. While many problems from 20 years ago still persist, new areas of opportunities have arisen, including integrated fleet management, real-time visibility and event management, parcel management and TMS interoperability with adjacent processes including warehouse and yard management. These areas hold the potential to unlock even more value as freight logistics continues to evolve.
It’s no surprise that over the last 20 years, the “Duopoly” of FedEx and UPS tops the list of carriers consistently over the span of time. This post shares some fun factoids and trends.
Far too many shippers implemented TMS technology but have not realized the full ROI estimated at the onset of the project. In many instances, the grand vision, which often includes the unification of all logistics processes under a single system, was never realized as the reality of how hard it is to transform one’s operations became apparent.
Among the issues stemming from poor appointment scheduling processes is increased driver detention. Increased detention has its consequences.
From a shipper perspective, the softening of the US freight markets comes as a welcome relief. Contract rates, which have remained stubbornly high, have slowly begun to fall. There is still a significant delta between contract and spot rates, however market forces will put downward pressure on contract rates to close this gap over the next few months.
In this podcast episode, Adam Perlmutter chats with Mike Mulqueen, Consulting Strategy Practice Lead at JBF Consulting about logistic systems and the complexity of selecting the right one. Mike also outlines big logistics technology changes, recent market trends, and key technologies/considerations that shippers should be watching.
Unlike user conferences put on by competing supply chain suite providers, the Oracle Transportation and Global Trade Management Special Interest Group (OTM-SIG) 3-day event solely focuses on transportation management and global trade. Given my primary role at JBF Consulting is to evaluate and recommend TMS solutions for our customers, the main stage presentation given by Oracle Sr. Director of Strategy, Dr. Srini Rajagopal was most relevant to me. In this session, Dr. Rajagopal laid out Oracle’s short to mid-term strategic investment areas. Here are the 5 most interesting roadmap items as well as my perspective on their usefulness for a transportation operation.
“Blue Yonder has the best pedigree of any supply chain company as it pertains to math based, predictive decision making.”
