Skip to content
Search AI Powered

Latest Stories

newsworthy

JDA adds predictive analytics to transportation management software

Company partners with FourKites, Inttra, and TransVoyant.

JDA Software Group Inc. announced partnerships with the logistics technology providers FourKites Inc., Inttra Inc., and TransVoyant LLC that JDA says will add real-time visibility and predictive analytics to its transportation management software (TMS) platform.

TMS users will now be able to avoid supply chain snarls by analyzing input from the Internet of Things, Razat Gaurav, JDA's executive vice president, general manager, and chief revenue officer, told attendees at the company's JDA Focus user group meeting in Nashville today.


Companies can reroute their shipments on the fly based on machine-learning analysis of a range of inputs, whether that data comes from RFID tags, containership locations, road closures, weather reports, or any other source, he said.

"You can't look at warehousing, manufacturing, or retail in isolation; you need to connect the dots in order to gain visibility over the supply chain and perform omnichannel operations," Gaurav said. "That real-time, always-on, adaptive machine learning is now table stakes for any company that wants to succeed."

JDA will generate this improved supply chain visibility through partnerships with FourKites, a real-time truckload telematics and location platform; Inttra, the ocean freight tracking platform; and TransVoyant, a big-data analytics firm, first announced Friday.

In combination, the three new partnerships allow JDA to produce faster, more accurate forecasts than is possible through monitoring a feed of electronic data interchange (EDI) information, the legacy, batch-processed communication standard, JDA says.

While the new partnerships currently create live, predictive analytics only for transportation operations, future applications could apply the same concept to additional sectors of the supply chain, said TransVoyant CEO Dennis Groseclose.

"We're not just big data; we're prescriptive," Groseclose said. "We tell subscribers: 'Don't use that port, avoid that airport, change to another supplier,' or whatever is necessary."

Founded in 2012 to produce predictive analytics about global events for national security clients, Alexandria, Va.-based TransVoyant entered the commercial market in 2014 with a focus on the supply chain market. The system works by analyzing the underlying mathematics of global freight flow to discover inefficient links and recommend better paths, based on everything from Twitter posts to GPS sensors and weather reports, Groseclose said.

The Latest

More Stories

ITS Logistics truck carrying Sherwin Williams products
ITS Logistics

Transportation challenges, solved

Sometimes, all you need is the right partner to solve your logistics problems.

In 2021, global paint supplier Sherwin Williams faced driver and hazardous material (hazmat) capacity constraints: There simply weren’t enough hazmat drivers available in its fleet to maintain the company’s 90% fleet utilization rate expectations for key partner store deliveries while also meeting growing demand for service. Those challenges threatened to become even more acute in the future, as a competing paint supply company began to scale back its operations in the Pacific Northwest, leaving Sherwin Williams with an opportunity to fill the gap.

Keep ReadingShow less

Featured

drone flying through warehouse

Robotic revolution

Robots are revolutionizing factories, warehouses, and distribution centers (DCs) around the world, thanks largely to heavy investments in the technology between 2019 and 2021. And although investment has slowed since then, the long-term outlook calls for steady growth over the next four years. According to data from research and consulting firm Interact Analysis, revenues from shipments of industrial robots are forecast to grow nearly 4% per year, on average, between 2024 and 2028 (see Exhibit 1).

market forecast for industrial robots - revenues graphEXHIBIT 1: Market forecast for industrial robots - revenuesInteract Analysis

Keep ReadingShow less
indigo software screenshot WMS

Aptean adds British WMS vendor in latest acquisition

The Georgia-based enterprise software vendor Aptean today said it had acquired Indigo Software Ltd., a British provider of purpose-built warehouse management and logistics software solutions.

Terms of the deal were not disclosed, but Aptean said the move will add new capabilities to its warehouse management and supply chain management offerings for manufacturers, wholesalers, distributors, retailers, and 3PLs. Aptean currently provides enterprise resource planning (ERP), transportation management systems (TMS), and product lifecycle management (PLM) platforms.

Keep ReadingShow less
schneider app screenshot for owner operators

Schneider seeks more business with owner-operators

Transportation and logistics service provider Schneider National Inc. is reaching out to owner-operators, encouraging them to do more business with the Wisconsin company using an updated digital platform.

Schneider says its FreightPower platform now offers owner-operators significantly more access to Schneider’s range of freight options. That can help drivers to generate revenue and strengthen their business through: increased access to freight, high drop and hook rates of over 95% of loads, and a trip planning feature that calculates road miles.

Keep ReadingShow less
port of vancouver

West coast dockworker strike could dent Canadian economy

The port worker strike that began yesterday on Canada’s west coast could cost that country $765 million a day in lost trade, according to the ALPS Marine analysis by Russell Group, a British data and analytics company.

Specifically, the labor strike at the ports of Vancouver, Prince Rupert, and Fraser-Surrey will hurt the commodities of furniture, metal products, meat products, aluminum, and clothing. But since the strike action is focused on stopping containers and general cargo, it will not slow operations in grain vessels or cruise ships, the firm said.

Keep ReadingShow less