Today, global trade is a world of exceptions, hindering margin and growth. Current technologies have not resolved the myriad issues of getting products to destination, on-time and profitably. As a result, many innovators have held off on tech investments or tried to do it themselves, without good results. The complexity and scale of modern international trade require a “new way” – one that is powered by advanced technology and machine learning. Learn more about the new tech that top commodity merchants and traders are using to compete and win in the future >>

The white paper demonstrates how the strategic use of an Ocean Freight Tracking System (OFTS) can drive tangible business benefits. In doing so, we will show how buyers, whether Forwarders or BCOs, can determine how they should measure the return on investment of deploying an OFTS.

Specifically, five key areas will be covered:

1.   Free time optimization to reduce demurrage and detention charges
2.  Carrier rate negotiation
3.  Inventory management
4.  Supply chain and shipping network optimization
5.  The use of employee time to focus efforts on more value-added activities

Understand how marketplace structures can improve freight utilization rates and promote supply chain sustainability

Technologies such as artificial intelligence, machine learning, internet-of-things sensing and blockchain are transforming supply chains, automating processes and making companies more responsive to market demand signals. Yet, capacity utilization and lack of transparency is still a major challenge, which comes at a cost to consumers and the environment. How can capital markets controls, technology capabilities and models help to alleviate these pains?

Through innovative application of proven capital markets structures, shipping and logistics organizations can transform their operations leveraging:

• Implementation of proven matching models fit for complex markets

• Creation of electronic order books

• Application of blockchain and smart contracts 

• Data provenance solutions

To learn more about how these structures, and technologies that enables them, can help to improve price discovery, transparency, optimize capacity utilization rates, reduce complexity and achieve better sustainability, download our whitepaper here.

Why is Nasdaq Technology in Shipping & Logistics?

Nasdaq’s mission-critical technology is road-tested in some of the world’s most demanding markets. Through its B2B commercial arm, Nasdaq is bringing proven capabilities in speed, resiliency and complex data management beyond capital markets to enable new business models, create growth opportunities and fuel innovation. Visit our website to learn more or contact us.

It can be difficult enough to manage the “everyday” risks to your supply chain, but actually getting ahead of and dealing with larger crises can seem near impossible. With everything that’s happened recently, we’ve all learned an important lesson in that it’s paramount to be prepared for the absolute worst-case scenario.

Yet many companies still aren’t. In fact:

• 43% of 142 companies, ranging from consumer goods to healthcare, reported that their supply chains are vulnerable to disruptions
• 55% of those companies have no documented contingency plans
• 38% of 247 companies acknowledged that they have too much unmanaged supply chain risk

Thankfully, there are ways to deal with maintaining supply chain continuity in a dire scenario, as well as solutions for how to anticipate and minimize future disruptions.

The Playbook for Supply Chain Continuity in a Crisis covers:

• What you can do now
• How to prepare for a crisis with comprehensive contingency planning
• Anticipating and managing risk with a supply chain integrity platform

Be prepared for the “everyday” risks, as well as bigger disruptions by downloading your playbook today. 

The speed of the COVID-19 crisis is unnerving even to the most experienced logistics leader. Within a matter of days, brokers, forwarders and carriers were ordered to shelter-in-place while ensuring that healthcare and food deliveries were uninterrupted. Commercial leaders grappled to implement work-from-home policies with little advance notice.

Fortunately, Winmore’s cloud-based software was designed to help 3PLs integrate, align and coordinate hundreds of remote offices around the world, the same software can orchestrate thousands of remote workers in home offices around the country. Through working with our customers to solve their challenges with shipper relationships and RFP responses, we’ve learned important best practices necessary for an LSP to succeed in these uncertain times.

Based on these learnings, Winmore, presents five key points that can help every commercial leader weather the COVID-19 storm. Together, with our free 45-day software trial offer, our goal is to ensure that logistics service providers emerge from this crisis a stronger, more resilient and efficient industry.

The digital evolution has created a dramatic surge in the quantity of business data, providing tremendous opportunities to gain valuable insight into processes that can improve organizational efficiency and performance. However, much of this data resides in silos, limiting the ability to readily access this information and achieve a holistic view of operational efficiency.

Without a unified location to house multi-sourced data, businesses are resigned to time-consuming,  manual processes to compile information and attempt to extract value. With a rich history of providing customers with data analytics services, Versiant, a leading managed services provider, offers a digital enhancement to its existing services. Powered by Microsoft technologies, Versiant Data Analytics as a Service provides a centralized, cloud-based data warehouse that empowers enterprise with greater agility, increased analytics and reporting proficiency, and standardized access with unifying data definitions. Driving businesses’ transformational journeys to data, DAaaS provides critical insights into key performance indicators to promote growth and increase competitive advantage.

To read more click here.

Increasingly complex omnichannel business models are resulting in correspondingly complicated global supply chains. Maximizing efficiencies for time and cost in moving freight around the world is mission critical. This paper takes a high-level look at three opportunities for optimization: cargo consolidation, cargo risk management, and customs management.

Online freight transportation procurement tools offer the opportunity to untangle the current mess around the less-than-truckload and truckload bidding process. When looking for carriers in a bid for transportation sourcing, shippers and third-party logistics providers (3PLs) should focus on improving the accuracy of their data before submitting, leveraging technology to catch and correct common mistakes. In addition, stakeholders must move the transportation request for proposal (RFP) process beyond spreadsheets and embrace online platform possibilities to competitively manage the complexity of multiple bids, streamline resources, and maximize choice and flexibility. Click Here to view.

Supply chains are running at full steam, despite many obstacles; rising transportation costs, sourcing shifts, retaliatory tariffs, demanding customers and other challenges will affect all industries - and often not for the better. This eBook discusses the stormy, highly unpredictable environment of global trade and the measures you can take to keep your supply chain from becoming a casualty. Topics covered include: how you can manage supply chain disruptions, maximize free trade agreements, reduce compliance risk and how to digitize your supply chain.