Supply Chain Planning
DAT iQ can help you reduce transportation costs through advanced supply chain planning.
Get access to the most accurate freight data for supply chain planning and analytics when you use DAT iQ. Customizable reports and models offer the insights your business needs to meet core goals and strategies.
- Leverage advanced data for different components of supply chain planning.
- Generate forecasting models that minimize risk and help you plan ahead.
- Access customizable reports and analysis to reduce costs.
Leverage advanced data for different components of supply chain planning.
Get accurate market rate data for efficient distribution planning in your supply chain.
Get the information you need from supply chain planning software, using the large amount of data processed by DAT iQ. This includes more than $150 billion in annual freight transactions, with real-time analysis and rate data for over 68,000 lanes. You also get insights on all supply chain players, including 3PLs, brokers, and other logistics providers — not just carriers and shippers — to make the best decisions for your business.
Generate forecasting models that minimize risk and help you plan ahead.
Reduce uncertainty with the most accurate models available anywhere.
Elevate your supply chain planning capabilities with forecasting models from DAT iQ, based on a wide range of market transactions. We also incorporate mean absolute error into forecasts to determine the risk level of each prediction. Plus, you can access predictive models specifically tailored to your daily shipping lanes, with DAT Ratecast. While all forecasting comes with risks, Ratecast offers an unparalleled 95% accuracy in pricing models.
Access customizable reports and analysis to reduce transportation costs.
Gain a deeper understanding of market conditions with the help of clear visuals and analysis.
When it comes to supply chain planning, you want to access pricing information that is clear and up-to-date. That’s exactly what you get with DAT iQ. Drawing on information shared by our shipping partners around the world, you get customizable data reporting that allows you to predict pricing at each step of the supply chain with maximum accuracy. Benchmark your rates with ease, track rate fluctuations over time and by precise geographic markers, and even forecast up to 52 weeks in advance.
Without proper planning, you can find yourself falling victim to one of many supply chain challenges, such as the “diseconomy of scale.”
Trucking is unlike other industries in several ways. For instance, in many industries, buying a higher quantity of a product will lead to a lower unit cost, but in trucking, more loads on a given lane can actually lead to a higher cost per load. Understanding the nuances of markets and lanes and planning ahead can help you avoid falling into the trap of higher costs.
Yes absolutely! Supply chain planning is all about minimizing your transportation costs. To do that effectively, you need to understand how your prices compare with the competition. DAT iQ offers comprehensive pricing analytics through custom reports. You can even get intel on specific supply chain transactions such as how brokers, 3PLs, and other shipping companies have set prices in your circumstances. In short, you can guide your strategic business decisions with key information from DAT iQ.
Get a more accurate understanding of the market by taking a hybrid approach to your freight analytics; far better than regular pricing tools. Unlike traditional pricing tools that use one of three approaches (external benchmarking, internal analytics, or conducting bids), DAT iQ takes the best of these approaches and combines them in a pricing tool that offers high-accuracy, low-risk data and forecasting.
We vet DAT iQ’s rate forecasting against confirmed third-party information, which means you get rate forecasting with twice the accuracy of our competitor’s prediction models. At the same time, we fully understand that rates can change rapidly on certain lanes, especially those with higher degrees of volatility (like those in Georgia and Florida, for example), which can increase the margin of error. We value transparency, which is why our rate forecasts always include a margin of error — that way, you can decide for yourself what’s best for your operation.
You gain peace of mind with DAT’s in-depth reports and surveys, giving you the variables and factors most meaningful to supply chain logistics professionals like yourself. Using a cutting-edge data analytics engine breaks down a trove of user-contributed data, enabling your supply chain planning with a variety of deep, actionable insights and reports on the state of the market.
Yes! The analytical tools you get with DAT iQ aren’t limited to number crunching of raw market data — they can be used to help with your supply chain planning, too. You can get custom reports about your business operations, making it easy to check underlying market data, forecasts, and even historical rates. If you’re looking for guidance with your supply chain planning, we can also help you find ways to optimize your approach.
"In our experience, DAT is the most accurate and complete source of spot and contract rate data available.”
- Don Everhart, VP Technology & Analytics for Knight-Swift Logistics
“By integrating DAT’s forecasting data and analytics tools with our expertise and customized pricing, we can deliver fast, reliable rates using the most comprehensive data and market analysis available.”
- Ryan Ilges, Worldwide Express Vice President of Truckload
Improve your supply chain planning today!
Supply chain planning becomes simple with DAT iQ on your side! DAT has been providing cutting-edge logistics services to the trucking industry since 1978.
Contact us today to learn more about how our combination of tools and insights can help you get a handle on what matters most to your business.