Data management is collecting and using data to help make better decisions and give better direction now and in the future. Data Management's goal should be to help people, organizations, and connected entities optimize the use of data so that they can make decisions and take actions that benefit the entire Supply Chain(s).
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To manage today’s complexities, current systems are forcing functional groups to resolve problems with outdated processes and approaches. This leads to poor product mix, lower margins, higher buffer inventories, unnecessary premium freight, low productivity and sub-optimal optimization.
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Petrochemical Supply Chains & Logistics
Investment in digital solutions within the petrochemical supply chain is on the rise, yet there appears to be a disconnect between the perceived and actual value of these next-gen blockchains, cloud or AI enabled tools especially for the owner-operators that are relying on them to help optimize their product’s access to the market.
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FreightWaves
How is our industry faring in the current environment? What have been some of the results and perhaps unintended consequences of ELD technology over the course of the last year? With the AOBRD grandfather clause ending in 2019, what is being reported by companies who have already implemented ELD technology?
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