Latest news with #SupplyChain
Yahoo
2 days ago
- Business
- Yahoo
SONAR Unveils Redesigned Supply Chain Intelligence Platform with New Risk and Efficiency Quadrant
A completely redesigned experience for SONAR's Supply Chain Intelligence (SCI) has been launched allowing SCI to deliver faster insights, deeper market intelligence, and more actionable guidance for shippers managing their RFPs. The updated platform merges the previous Opportunity View and List View into a single, powerful page called Lane View. This consolidation allows users to drill into lane-level insights efficiently, see market performance across both Intermodal and Truckload, and access pricing benchmarks, guidance, and scoring within one streamlined interface. Embedded in the new Lane View is a quadrant-based guidance system for risk and efficiency. This feature helps prioritize RFP strategy by categorizing lanes into four zones: High Risk Zone: Lanes that are difficult to cover and where you are over market. Carrier Dependent Zone: Lanes that are difficult to cover and where you are under market. Savings Opportunity: Lanes that are easy to cover where you are over market. Efficiency Zone: Top-performing lanes where you are under market and lanes are easy to cover. These zones highlight where to focus time, renegotiate, or reallocate volume. Additionally, the update introduces enhanced Summary and Network Views for sharper high-level visibility. Users can better understand where they are overpaying or underpaying across their network with clearer visuals and aggregated scoring. New market-level maps and improved filters help spot areas of concern or opportunity and enable faster diagnostics. The new SCI helps unlock greater RFP savings and lane performance with smarter, visual prioritization, allowing users to reduce risk, boost service, and easily spot network inefficiencies. To explore the redesigned experience, log in to SONAR and navigate to the SCI module. For a personalized walkthrough, contact your account manager or cs@ To learn more about SONAR, visit and request a demo. The post SONAR Unveils Redesigned Supply Chain Intelligence Platform with New Risk and Efficiency Quadrant appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Malay Mail
2 days ago
- Business
- Malay Mail
Chongqing Qianxin Foreign Trade and Economic Cooperation Group Co., Ltd(CFTEC) Hosts the Global Trade Partner Matching Conference
CHONGQING, CHINA - Media OutReach Newswire - 17 July 2025 - On July 16, the Global Trade Partner Matching Conference, organized by CFTEC and guided by the Chongqing State-owned Assets Supervision and Administration Commission and the Chongqing Overseas Chinese Federation, was successfully "Empowering with Digital Intelligence, Creating the Future Through Supply Chains," the event aimed to facilitate global trade partner exchanges, expand global trade resources, empower industries, and promote the construction of a cross-border digital trade platform included representatives from enterprises, institutions, and business associations from ten countries and regions, including Spain, Sweden, Kyrgyzstan, Kazakhstan, Thailand, Singapore, Malaysia, Vietnam, Myanmar, and Hong Kong, China, as well as officials from financial institutions, private enterprises, and relevant departments in Chongqing. Together, they embarked on a new chapter of economic and trade development filled with wisdom and Hanjie, chairman of CFTEC, noted that in the context of global economic integration, the stability and efficient operation of supply chains have become crucial for driving economic development. This conference provided participating enterprises with an international communication platform, helping them integrate more quickly into the global trade system and enhancing the competitiveness and risk-resilience of foreign trade enterprises. CFTEC will promote more practical cooperation, injecting new momentum into the collaborative development of global supply has been engaged in international trade for over 40 years, maintaining trade relations with more than 80 countries and regions. The organization boasts a large pool of versatile international trade talents and has established numerous cross-border trade brands, including Yumaotong, Yuoutong Cross-Border E-Commerce, and Yupin Yunjin. With an annual import and export capacity of $4 billion, it has repeatedly ranked among the top 500 Chinese enterprises, top 500 service enterprises in China, and top 100 enterprises in #CFTEC The issuer is solely responsible for the content of this announcement.
Zawya
2 days ago
- Business
- Zawya
Chongqing Qianxin Foreign Trade and Economic Cooperation Group Co., Ltd(CFTEC) Hosts the Global Trade Partner Matching Conference
CHONGQING, CHINA - Media OutReach Newswire - 17 July 2025 - On July 16, the Global Trade Partner Matching Conference, organized by CFTEC and guided by the Chongqing State-owned Assets Supervision and Administration Commission and the Chongqing Overseas Chinese Federation, was successfully held. Themed "Empowering with Digital Intelligence, Creating the Future Through Supply Chains," the event aimed to facilitate global trade partner exchanges, expand global trade resources, empower industries, and promote the construction of a cross-border digital trade platform ecosystem. Attendees included representatives from enterprises, institutions, and business associations from ten countries and regions, including Spain, Sweden, Kyrgyzstan, Kazakhstan, Thailand, Singapore, Malaysia, Vietnam, Myanmar, and Hong Kong, China, as well as officials from financial institutions, private enterprises, and relevant departments in Chongqing. Together, they embarked on a new chapter of economic and trade development filled with wisdom and opportunities. Liu Hanjie, chairman of CFTEC, noted that in the context of global economic integration, the stability and efficient operation of supply chains have become crucial for driving economic development. This conference provided participating enterprises with an international communication platform, helping them integrate more quickly into the global trade system and enhancing the competitiveness and risk-resilience of foreign trade enterprises. CFTEC will promote more practical cooperation, injecting new momentum into the collaborative development of global supply chains. CFTEC has been engaged in international trade for over 40 years, maintaining trade relations with more than 80 countries and regions. The organization boasts a large pool of versatile international trade talents and has established numerous cross-border trade brands, including Yumaotong, Yuoutong Cross-Border E-Commerce, and Yupin Yunjin. With an annual import and export capacity of $4 billion, it has repeatedly ranked among the top 500 Chinese enterprises, top 500 service enterprises in China, and top 100 enterprises in Chongqing. Hashtag: #CFTEC The issuer is solely responsible for the content of this announcement. CFTEC
Associated Press
2 days ago
- Business
- Associated Press
Chongqing Qianxin Foreign Trade and Economic Cooperation Group Co., Ltd(CFTEC) Hosts the Global Trade Partner Matching Conference
CHONGQING, CHINA - Media OutReach Newswire - 17 July 2025 - On July 16, the Global Trade Partner Matching Conference, organized by CFTEC and guided by the Chongqing State-owned Assets Supervision and Administration Commission and the Chongqing Overseas Chinese Federation, was successfully held. 1 Themed 'Empowering with Digital Intelligence, Creating the Future Through Supply Chains,' the event aimed to facilitate global trade partner exchanges, expand global trade resources, empower industries, and promote the construction of a cross-border digital trade platform ecosystem. Attendees included representatives from enterprises, institutions, and business associations from ten countries and regions, including Spain, Sweden, Kyrgyzstan, Kazakhstan, Thailand, Singapore, Malaysia, Vietnam, Myanmar, and Hong Kong, China, as well as officials from financial institutions, private enterprises, and relevant departments in Chongqing. Together, they embarked on a new chapter of economic and trade development filled with wisdom and opportunities. Liu Hanjie, chairman of CFTEC, noted that in the context of global economic integration, the stability and efficient operation of supply chains have become crucial for driving economic development. This conference provided participating enterprises with an international communication platform, helping them integrate more quickly into the global trade system and enhancing the competitiveness and risk-resilience of foreign trade enterprises. CFTEC will promote more practical cooperation, injecting new momentum into the collaborative development of global supply chains. CFTEC has been engaged in international trade for over 40 years, maintaining trade relations with more than 80 countries and regions. The organization boasts a large pool of versatile international trade talents and has established numerous cross-border trade brands, including Yumaotong, Yuoutong Cross-Border E-Commerce, and Yupin Yunjin. With an annual import and export capacity of $4 billion, it has repeatedly ranked among the top 500 Chinese enterprises, top 500 service enterprises in China, and top 100 enterprises in Chongqing. Hashtag: #CFTEC The issuer is solely responsible for the content of this announcement.
Forbes
3 days ago
- Business
- Forbes
The Future Of Forecasting: How AI Can Help Industries Predict Demand For Products That Don't Exist Yet
Dileep Kumar Rai is a Global Supply Chain Optimization Expert, Oracle Fusion Cloud architect, and demand forecasting leader. Launching a new product in today's market isn't just risky; it's like setting sail into uncharted waters during a storm, with no compass and relying solely on your instincts to guide you. Throughout my years of working alongside leaders in the automotive, tech, fashion, FMCG and pharmaceutical industries, I've uncovered a widespread yet underappreciated challenge: the 'no-data' dilemma. When introducing something genuinely new to the market, the usual tools—such as ERP forecasts, historical sales curves and even seasoned intuition—often fall short. The result? Overproduction, lost revenue or empty shelves. My Industry Finding: The 'No-Data' Dilemma Through extensive research and direct collaboration with industry innovators, I have identified four recurring pain points that keep executives awake at night: This isn't just an abstract problem; it's a daily operational reality that costs companies millions in missed opportunities and excess inventory. The Cross-Industry AI Forecasting Framework To address this, I developed a proprietary and adaptable AI/ML-powered forecasting framework that combines the art of human judgment with the science of machine learning, tailoring it to each industry's unique dynamics. The Secret Sauce: Understanding The Framework Consider launching a new product as similar to crafting a new recipe: • Data Ingestion: My 'pantry' is stocked with both internal ERP staples and the freshest external ingredients: social buzz, competitor actions, and economic factors signals. • Feature Engineering: Here's the spice rack mixing predictors like launch buzz, product attributes and campaign reach to create a distinctive flavor profile for every launch. • Tailored ML Models: These reflect the cooking techniques of XG-Boost for FMCG, LSTM (long short-term memory) for fashion, and Bayesian models for pharma, each adapted to the industry's unique texture and volatility. • Scenario Simulator: This is my test kitchen, where I experiment with different launch 'recipes,' adjusting prices, channels and competitor responses to determine which flavors succeed. • Executive Dashboard: The tasting table provides real-time insights, confidence intervals and scenario comparisons, empowering leaders to select the best options before introducing them to the market. Industry-Specific Flavor Profiles No two industries have the same palate. This framework adapts like a master chef: Key Drivers: Seasonality, social buzz Modeling Approach: LSTM combined with NLP to capture fast-changing trends and consumer sentiment. Key Drivers: Economic cycles, supply chain lag Modeling Approach: DeepAR paired with time series boosting to handle production volatility and macroeconomic shifts. Key Drivers: Retail promotions, regional preferences Modeling Approach: XGBoost with promotion uplift models to track short-term promotional lifts and geographic variability. Key Drivers: Clinical trial data, prescriber behavior Modeling Approach: Bayesian Models combined with ARIMAX to incorporate clinical data uncertainty and prescribing trends. The Unique Ingredient: Comp Chaining For New Product Launches A cornerstone of my framework is a technique I call Comp Chaining. This method enables us to 'borrow' the sales history of analogous products and blend it with new launch scenarios, even when there's no direct precedent. Here's how Comp Chaining works: • Choose A New Product: Select a target new product and a source-comparable (Comp) product. • Align Sales Histories: Shift the company's sales timeline to match the new launch, week by week. • Adjust For Differences: Use ratios and statistical adjustments to account for differences in initial orders, program length or market conditions. • Blend With AI Forecasts: Where the Comp's history runs out, machine learning fills in the gaps, seasoning the forecast with real-time external data. • Simulate And Refine: Run multiple scenarios, adjusting the blend until the forecast matches the unique profile of your new product. This approach doesn't just copy the past; it creates a new recipe, tailored for today's market and tomorrow's challenges. How To Bring This Framework To Your Organization Final Thoughts: Turning Uncertainty Into A Strategic Ingredient Forecasting demand for new products was once a tedious and uncertain game of guesswork. This framework demonstrates that it doesn't have to be that way. By blending real-world data, AI and Comp Chaining, you can turn uncertainty from a risk into your secret ingredient for growth. In a world where innovation cycles are accelerating and consumer attention is fleeting, the question isn't whether you can afford to add this flavor to your forecasting. The real question is: Can you afford not to? Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
