Artificial intelligence (AI) technology is one of the most exciting innovations of the 20th century. AI refers to technology that allows machines and systems to use humanlike traits, such as decision-making, learning and even creativity, to make autonomous actions instead of relying on processes or simple programming. AI solutions are everywhere. If you use […]
LTL shipment rating is becoming more sophisticated with LTL carriers creating stronger customer and location profiles. Delivery profiling can include zip code mapping, formal reporting by drivers and even digital photo taking to document the delivery location, as well as its characteristics and the service level offered. This enhanced attention to customer profiles means businesses […]
Recently, freight markets have been undergoing rapid changes, and this has meant traditional methods of quantifying freight and transportation costs may not work as effectively. The market is no longer affected by predictable changes, such as the rising costs of fuel. Instead, the rate per pound and per mile may no longer work with the […]
Rockfarm Supply Chain, Transportation Management
Shipper enhancement for a new truckload market is more important than ever before, and every company needs a supply chain carrier sourcing strategy as the costs of freight continue to rise. Driver shortages, higher driver pay, higher demand on trucks and stiff competition from larger shippers all contribute to risings costs. With the electronic logging […]
Rockfarm Supply Chain, Supply Chain Coaching
According to the Pareto principle, 80 percent of overall value or profit stems from only 20 percent of total items, services or efforts. In other words, not all your inventory sells at the same rate and offers the same impact on your bottom line. If you are considering warehouse management services, supply chain coaching or […]
Key performance indicators are metrics used by businesses to understand the overall effectiveness and sustainability of their processes. These numbers are crucial for taking a data-driven approach to your business. Not only do they give you an immediate snapshot of how things are going, when tracked and monitored over time, but they also help you […]
In many industries, supply chains are more complex and more global than ever before. Accordingly, as supply chain management comes to encompass a significant portion of their operating expenses, how businesses manage these extensive networks now plays a major role in their profitability. What does an optimized supply chain look like and how can organizations […]
The ability to get your product where it needs to go is a fundamental part of running any successful business. If your organization ships a high volume of items, you’ve likely had to deal with freight claims before. You also probably know what a hassle it can be. From putting the paperwork together to waiting […]
A transportation management system (TMS) is a software solution for shipping, tracking and other freight management tasks. On its own or in combination with a warehouse management program, a TMS can offer benefits for businesses of all sizes. Despite this, many organizations are hesitant to change the way they do things and don’t use TMS […]
