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The Vital Role Data Warehousing Has on Today’s Supply Chain

Data Warehousing

The modern supply chain depends on the efficient flow of
data more than ever. From receiving instant updates on freight deliveries,
reviewing marketing and operational analytics, and cost-analysis reports
accessed through your platform of choice – shippers rely on advanced technology
to improve all aspects of their business. One specific platform gaining steam
with multiple shippers is the integration of data warehousing.

Data warehousing has been used in several industries in
recent years and is beginning to find a home in logistics. While there is a lot
of good information on the interwebs about data warehousing solutions, there is
also some misleading data that can cause confusion for those shippers looking for
efficient ways to improve their supply chain functions. To ensure you have the
best and most accurate information, here are some facts about data warehousing
and how they help businesses within the supply chain review data, improve their
overall service, save money, and streamline overall logistics operations.

What is Data
Warehousing?

According to Amazon.com (who pretty much revolutionized data warehousing solutions), a data warehouse is a central repository of information that can be analyzed to make better informed decisions. Data flows into a data warehouse from transactional systems, relational databases, and other sources, typically on a regular cadence. Business analysts, data scientists, and decision makers access the data through business intelligence (BI) tools, SQL clients, and other analytics applications. So, what does this mean for supply chain partners?

Simply put – the data warehousing platform allows a shipper to review analytics and data streams to not only help them improve operations – but most importantly; maintain competitiveness. Shippers who have data warehousing solutions use them to store all their software solutions, incoming and outgoing data, TMS & CRM systems and more. Essentially – it’s a one-stop-shop for all data storage that is robust, reliable, and easy-to-access platform. The information can be accessed from multiple locations, with blazing speed, accuracy, and security being top of mind.

How Does a Data
Warehouse Work?

Think of a data warehouse like your modern distribution hub.
The distribution center collects and stores all of your products, supplies, and
materials in a safe, clean, and efficiently laid-out environment. A data warehouse
works is a similar manner. It collects and organizes data into several individual
files. When data is uploaded to the data warehousing platform, it is stored in
various tables described by the software, while multiple Query tools determine
which data tables to access and analyze.

The data warehousing solutions offer supply chain partners
multiple benefits including:

Using advanced technology solutions not only helps businesses improve their data storage solutions, but also provides them with a competitive advantage against others in their industries. Data warehousing is not the next best thing – it’s a must. LTX Solutions recent acquisition by Redwood Logistics offers us the flexibility to expand our services – which now includes data warehousing solutions.  

Chicago-based Redwood Logistics is a next generation,
strategically integrated logistics provider that believes every company’s needs
are unique. For more than 15 years, the company has been providing solutions
for moving and managing freight and sharing its knowledge across North America.
Redwood Logistics is focused on making its customers more successful in their
end markets by applying talented and motivated people, proven processes and
cutting-edge technologies to optimize their supply chain management efforts.

If you’re a shipper in any industry looking to improve your
data storage, acquisition, and access and would like to learn more about our
data warehousing solutions, give us a call today!

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