Stacey Pierce

written by Chris Cunnane with InterSystems   Supply chain leaders are under constant pressure to move faster, reduce costs, improve resilience, and respond to disruptions in real time. Yet despite billions invested in technology, many organizations still struggle with stockouts, delayed shipments, excess inventory, and unreliable forecasts. The problem may not be the supply chain itself. It may be the data behind it. Most organizations today operate with more supply chain data than ever before. ERP systems, warehouse management platforms, transportation tools, supplier portals, IoT devices, and analytics dashboards generate a nonstop flow of information. On paper, this should create unprecedented visibility. But visibility is not the same as confidence. When inventory data is delayed, supplier updates are inconsistent, and demand signals are fragmented across systems, organizations are forced to make critical decisions using incomplete or unreliable information. The result is a distorted picture of reality, and costly mistakes follow. Companies expedite shipments they didn’t need. They over-order inventory “just in case.” They miss shortages that were hiding in plain sight. And they spend valuable time reconciling conflicting reports instead of solving problems.   The Real Problem: Fragmented Data The challenge isn’t a lack of data. It’s that the data…

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…