IoT, LTL Freight, analytics, artificial intelligence

LTL carriers provide services for shipments that are too large to be sent as parcel but too small to fill an entire truckload, thus making it a complex shipping method. Less-than-Truckload might not be as widely used as Full Truckload, but it remains as one of the intrinsic option in the array of freight services. The LTL freight rate is complicated and driven by many variables, some internal variables like – shipment weight, density, NMFC classification, distance, base rates, FAK, accessorials etc. and some external variables like – route optimization, Fuel charges, labor and evolving government policies like ELD Mandates etc, making it only harder to keep the margins competitive.

In the face of growing competition in marketplace the carriers are turning to the last mile delivery market, which ensures influx of business but the expectations of end-users to receive the shipment in time, without damage and with no extra cost can become quite daunting challenge in itself.

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Getting real about ELD Mandate

ELD Mandate 3 month grace period is over and on April 1st of 2018, Phase 2 has been commissioned. Here are some of the frequently asked questions around ELD that DreamOrbit has tried to answer. DreamOrbit is a solution development service company, where a team of 301 members are dedicated to digitizing, connecting and transforming the world’s many Logistics and Freight technologies.

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On Earth Day – Logistics Sustainability is need of the hour and how technology can help?

In 1962, Rachel Carson’s book Silent Spring published the case study on how the overuse of this pesticide was polluting rivers and bringing birds like bald eagle on a brink of extinction. Earth day was first created 48 years ago in 1970, after a decade of social activism to save the Earth from modern human activities.

Today, millions of people take part in Earth day. It has exploded into an international day of attention and activism dedicated to protecting the environment. And endorsing Logistics Sustainability is a facet of the very same activism that we see as our responsibility at DreamOrbit. Our message this year is to promote IoT based Logistics Sustainability Software Solutions that will help socially conscious companies to achieve these goals. Here are 3 tips that can kick start your Sustainability strategy –

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Essential Transport Planning Software Features for a Digital Supply Chain

transport planning software

Supply chain solution can be overwhelming at times. There are multiple factors playing crucial roles at once. The dynamic factors affecting the operations are even higher. This means that having a strong and dependable transport planning software is almost inevitable. But just like other industry factors, the pace at which transport planning software are changing is also high. Therefore, rather than aping the trends of today, transporters need to keenly observe the trends of future. This helps them to become the pioneer in the new age transportation and logistics industry. On the same lines, MHI’s 2017 survey for next generation supply chain revealed that 80% of the industry believes that digital supply chain will be the essential requirement in the next 5 years.

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How transportation scheduling software impacts Fuel economy

transportation scheduling software

Transportation scheduling software can add much more value than an operations tool if employed strategically by the logistics companies. One of the main reasons for the transportation companies not being able to tap into the full potential of advanced transportation scheduling software is a lack of clear understanding about the prospective benefits. One of the most attractive and worthy benefits of investing in a good transportation scheduling software is observed in improving fuel economy. But again, to achieve an improved fuel economy, the logistics company really needs to focus on the constituent goals which combinedly helps in achieving the end goal. Transportation scheduling software can definitely help in the process afterward, but to select and implement right transportation scheduling software, a clarity of the end goals is irreplaceable.

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How Transportation Scheduling Software adds value in logistics?

How Transportation Scheduling Software adds value in logistics

Transportation scheduling software is replacing the conventional roles of schedulers who used to manually schedule the freight delivery trips in the logistics companies. Apart from the modern developments, every disruptive move has a core motive of addressing the inefficiencies or challenges present in the system. This is majorly done with the help of process oriented improvements and technology advancements. But there is another important factor which is backing the inclusion of sophisticated and customizable transportation scheduling software into the logistics industry. That is the need to achieve environmental sustainability and resource efficiency in logistics operations. Let’s dive in detail why this is becoming a growing need for the transporters.

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Transport software to focus on developing an Omnichannel Supply Chain

Transport software

It is an era where the purchasing behaviour of consumers is going through a drastic change in the lieu of transition from in-store to online e-commerce. This leaves the manufacturers confused for choosing between multichannel transport software or omnichannel transport software. Retailers, for being the one who is bound to keep up with any consumer behaviour change, are still unsure about the type of supply chain which will be more fruitful for the future. We tried to find the correct answer in the facts and figures to know which type of transport software are going to rule in the future. Interestingly, the consumer purchase trends can be broadly classified under 3 segments of millennials, GenX, and seniors(this includes senior citizens as well as baby boomers). It goes unsaid that the current trends for Millennials and GenX are predicted to turn into the trends for senior consumer segment down the line in a decade or two. This means that the trends from this segment will be pivotal in deciding the nature of future transport software.

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Transport management system are going green in 2017

Transport management system

22% of the US based companies maintain a supplier sustainability scorecard, another 23% are developing one. One may wonder why are companies focusing on the sustainability of their supply chain? We will be covering that in the latter part of this blog but the shorter reason is benefits which come with a “Green” Transport Management System. The logistics and transportation industry is increasingly focussing on getting more efficient on board. But the incentivization provided by the government as well as long-term returns have also made them look into solutions which are able to contribute in maintaining low carbon emissions and minimize their carbon footprint.

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TMS solutions are using voice picking services to improve efficiency

TMS solutions

Voice picking is one of those revolutionary technologies which is changing the way logistics transportation functions from the employee’s perspective. Most of the times when there is an improvement in the business processes with the help of TMS solutions, it is to become more efficient. We often forget the role of the human resources involved in this quest which can contribute to a greater extent in making the supply chain more productive given that they have equally capable resources. TMS solutions are used at multiple layers in the supply chain and technologies like voice picking make their adoption more feasible for the employees working at different levels of supply chain.

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Logistics is looking at a robotic future for transport software solutions

When you got thousand of vacancies remaining to be filled every year since the past few decade, you realize that you are in some deep labor crunch. This is the case with the logistics industry across the globe. We are struggling to fill in the crucial job roles in the logistics industry with a dedicated workforce who can handle the pressure. Since the influx of more working population into the industry is not becoming as feasible in the near future as it should be, we are looking out for more options. With robotic solutions taking the world by storm and predictions of competitive robotic solutions becoming a norm by 2027, the answers seems to be coming up in the form of robots for the workforce crunch issues.

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