Leah Knight

The U.S. Bank Freight Payment Index for 3Q 2021 has been released, and one thing remains clear: spend is up. More specifically, year over year, quarterly freight spend showed the second largest increase ever – rising 32.6% from 3Q 2020. What’s driving the dollars, and what can this increase tell us about the state of the supply chain across the country? Supply Chain Now co-hosts Scott Luton and Greg White recently sat down with Bobby Holland, Director, Freight Data Solutions at U.S. Bank, and Patricia Gabriel, Vice President US Customer Service & Logistics, at Mondelez International, to find out. Let’s review highlights from their discussion of the report – and take a look at what you need to consider moving forward. But first, what is the U.S. Bank Freight Payment Index? The U.S. Bank Freight Payment Index is a free report you can download each quarter to keep your finger on the pulse of freight shipping volumes and spend from both a national and regional perspective. The report uses actual transaction payment data, de-seasonalized and calendar adjusted for maximum comparability. How do I use it? When you’re asking the question, “What happened last quarter?” the U.S. Bank Freight Payment Index…

Special Guest Blog Post written by Mark Holmes with InterSystems   Top 10 Ways a Data Gateway Improves Time to Value Across End-to-End Supply Chains Supply chain practitioners seeking the best way to speed decision intelligence, unify supply chain data, increase operational efficiency, and improve supply chain resilience can benefit from a supply chain data gateway. A data gateway provides unified access to supply chain data from various sources, including enterprise systems, supply chain applications, data feeds, data warehouses, data lakes, data marts, and business entities. Here are the top 10 ways a supply chain data gateway can improve your supply chain performance. Enables You to Identify Inefficiencies and Make Better and Informed Decisions A unified view of your data accelerates informed decision making and provides you with a comprehensive understanding of your supply chain. For example, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to identify inefficiencies and make better informed decisions. Reduces Implementation Times Enterprises and supply chain software providers strive to reduce application implementation times. A data gateway can serve as a front-end for a range of supply chain software applications, speeding and simplifying data ingestion, integration,…