Transportation data plays a key role in logistics management and supply chain decision-making. By tracking shipment activity, service performance, costs and market conditions, shippers can gain greater supply chain visibility and identify opportunities to improve efficiency.
The J.B. Hunt 360°® platform collects and analyzes shipment data to help shippers better understand transportation performance through data visualization, analytics and freight insights.
Here’s a look at how J.B. Hunt 360° can help shippers leverage their shipping data to boost efficiency and performance.
What Transportation Data Helps Improve Supply Chain Visibility?
Shipping data typically falls into two categories:
Freight characteristics: Factors that shippers have some control over
Market conditions: External events or trends that shippers must monitor and adapt to
Common freight characteristics include:
- Detention times – how long it takes to load or unload trailers
- Appointment times or pickup windows
- Multi-stop loads vs. drop and hook or single-stop loads
- Lead time for pick-up appointments
- Shipment pricing
- Load details such as commodity, weight and special handling requirements
It’s important to understand how specific freight characteristics can impact an entire supply chain. Tracking metrics like these can help shippers identify inefficiencies, improve service performance and support more informed freight management decisions.
But manually collecting and analyzing large amounts of raw data points can be difficult – so the J.B. Hunt 360° platform helps make it simple. Shippers can gain access to data-driven, actionable insights to see the story behind their data more clearly.
Key Transportation Analytics and Supply Chain Metrics
Gain a clearer view of shipping performance with analytics that track costs, service levels, capacity trends and accessorial expenses. These key metrics help identify inefficiencies, monitor changes over time and support more informed supply chain decisions.
Cost and Volume Metrics: View a month-over-month comparison of both cost and volume of shipments, broken down by shipping mode and day of the month.
Service Metrics: Get pickup and delivery percentages month over month, as well as insights into failures.
Capacity Volatility Metrics: See where carrier capacity is loosening and tightening.
Accessorial Cost Metrics: Compare common accessorial costs like detention or layovers from month to month.
J.B. Hunt 360° uses visualization tools and supply chain analytics to help make trends, costs and performance metrics easier to understand. The easy-to-use dashboard uses graphs, charts and maps to help shippers quickly interpret transportation data and monitor key metrics.
Using Data for Capacity Management and Transportation Optimization
With these data insights available through J.B. Hunt 360° technology, inefficiencies that drive up costs are easier to find and address. Visibility and transparency into the shipping process helps pinpoint new areas for optimization across the supply chain, creating opportunities for decreasing costs and improving service for customers.
And after analyzing this data over time, shippers can better understand trends and prepare for the next unexpected market shift.