Data at Your Fingertips: How to stay ahead of the curve

Industry Insights
October 21, 2024

In today's freight market, change is the only certainty. The conventional rules that once governed procurement and transportation management are rapidly becoming obsolete, making way for a new era where agility, adaptability, and access to real-time freight data have become critical for survival. If your team isn’t equipped to navigate this shifting landscape, you risk being left behind. This is the new reality of the shipping marketplace—a fast-paced environment where old strategies no longer suffice. So how can you stay ahead of the curve? The answer lies in leveraging high-quality, unbiased analytics to make informed decisions.

TAIMEN uses SONAR to put the power of big data at our fingertips and yours. Typical freight analytics tools are heavily limited by the amount of data they can collect. TAIMEN has access to over 300,000 data streams, available through the SONAR web app and integratable into your existing tech suite.

Custom analytics dashboards to cater to your desired KPIs

The transition from stable, predictable procurement strategies to those centered around flexibility and rapid response has been swift. Shippers today are being forced to navigate an environment marked by fluctuating demand, supply chain disruptions, and unpredictable market conditions. Success in this market requires more than just reactionary measures—it demands strategic foresight.

Choosing the right data provider is crucial—this is not merely a technical choice but a pivotal strategic move that can make or break your logistics operations. The right provider will offer insights that empower your team to make better decisions in real-time, optimizing both cost and efficiency. As you evaluate potential data providers, it's important to remember that this is only the first step. Getting buy-in from stakeholders across your organization, particularly at the executive level, will ease the transition to this new data-centric approach to shipping and ensure long-term success.

Now is the perfect time for these critical discussions. According to a recent Gartner report, 79% of logistics CEOs are expected to finalize their post-crisis strategies by the end of 2024. These leaders are crafting the blueprints that will shape the future of the shipping industry. With so much at stake, investing in the right tools and technology today could define your company’s ability to adapt and grow in the years ahead. But how do you make the right choice? That’s where "The New Essentials" comes in—it will help you navigate the complexities of this decision-making process with confidence, ensuring that your team is ready to embrace the future of shipping.

Got Questions?

Contact Us

Quote Request Form

close
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.