Locus

NOVEMBER 10, 2021

Set in motion by the Chinese e-commerce giant, Alibaba, Singles’ Day shopping festival made the company a whopping $115 billion dollars in sales in 2020. Trends likely to drive Singles’ Day sales. Schedule a demo now ! The post Do Shopping Trends Drive Singles’ Day Sales? appeared first on Locus Blog.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Trends 52

FreightWaves SONAR

OCTOBER 25, 2021

This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Truckload demand has stabilized at a high level after declining seasonally to start the fourth quarter. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 98

White Paper Demo Maritime Data 98

FreightWaves SONAR

JULY 28, 2021

Despite revenue declines across the industry in 2020, we estimate that freight spend was as high as pre-pandemic levels due to growth in packaging demand and elevated freight rates. Request a SONAR Demo. Request a SONAR SCI Demo. Last year, FreightWaves estimated that the top five paper and packaging companies in the U.S.

Negotiating Skills 52

Negotiating Skills Packaging White Paper Freight 52

FreightWaves SONAR

JULY 24, 2023

As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. Without excellent and clear communication, these trends will not be identified and acted upon until it is too late.

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FreightWaves SONAR

JULY 26, 2021

Despite the revenue declines posted by the industry in 2020, we believe that industry freight spend is just as high as pre-pandemic levels due to growth in packaging demand and higher freight rates. Like many industries, 2020 was challenging for the paper and packaging industry. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 52

White Paper Negotiating Skills Packaging Cost Reduction 52

FreightWaves SONAR

JULY 20, 2021

This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Truckload demand remains elevated with accepted tender volume hitting a new high, even surpassing holiday 2020 levels. Request a SONAR Demo.

White Paper 52

White Paper Demo Replenishment Maritime 52

FreightWaves SONAR

FEBRUARY 11, 2021

Agile freight management is another go-to supply chain execution strategy Throughout 2020 the value of adaptability and flexibility within logistics was proven. Request a FreightWaves SONAR demo by clicking the button below to get started. Request a FreightWaves SONAR demo by clicking the button below to get started.

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Locus

OCTOBER 21, 2022

Between the Covid-19 waves, a trend emerged in the US and the rest of the world that earned the popular name of ‘revenge shopping’. According to McKinsey’s latest consumer pulse survey, Spending in March 2020 was down by 18% as compared to two years later. Schedule Demo. Sources: [link] [link] [link] [link] [link] [link].

Supply Chain Planning Software 52

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FreightWaves SONAR

JANUARY 27, 2021

The societal and economic challenges of 2020 have constructed a positive outlook for transportation in 2021. It would be an oversight to kick off a 2021 outlook without addressing the structural changes to supply and demand as a result of what 2020 materialized into. Request a SONAR Demo.

White Paper 66

White Paper Procurement Analytics Freight Demo 66

FreightWaves SONAR

MARCH 3, 2021

FreightWaves scientific rates are predicting a return to a slow downward trend after the impacts of the past month’s winter storms recede. The overriding trend prior to these storms was that of a slow loosening of the market, as indicated by existing predictive capabilities Remember that the need to stay strategic is paramount.

Inventory Reduction 52

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FreightWaves SONAR

NOVEMBER 5, 2020

Measure invoiced rates against market trends. The billed or invoiced rates should always reflect current market trends. And 2020 taught the logistics industry that disruption is indeed the new normal. Request a SONAR demo online to get started. Request a SONAR Demo.

Modeling Software 105

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FreightWaves SONAR

FEBRUARY 24, 2021

However, 2020 helped shed light on just how behind the industry is compared to others. Prioritizing moves based on inbound and outbound data trends. Request a SONAR Demo. The freight transportation industry has always been slow to adopt new advances in tools, software and automation. Industry expert guidance as a best practice.

White Paper 52

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FreightWaves SONAR

NOVEMBER 19, 2020

Of course, no disruption comes close to those that have been experienced to date in 2020. Yes, AI and machine learning build on algorithms to isolate historical trends and derive a likely transportation rate. But this is 2020. And the past data trends are obsolete and rapidly becoming more so. Request a SONAR Demo.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

FreightWaves SONAR

NOVEMBER 24, 2020

As explained by Grainger , “In today’s global economy, technology trends like the Internet of Things (IoT) and Big Data have become an indispensable part of everyday business. In 2020 supply chains have shown that freight market dynamics can change within hours. That’s been the dominant trend in 2020.

Data 90

Data Freight Supply Chain Software Inventory Reduction 90

FreightWaves SONAR

JUNE 3, 2021

SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. Request a SONAR Demo. Request a SONAR SCI Demo. Source: SONAR). Source: SONAR).

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

FreightWaves SONAR

FEBRUARY 18, 2021

The issue with recruiting and retaining truckers is that it is difficult to do so without understanding actual market trends and volatility. . It was predicted the industry would be down approximately 200,000 drivers by the end of 2020. Request a FreightWaves SONAR demo to get started by clicking the button below.

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

FreightWaves SONAR

JANUARY 28, 2021

Surviving the tumultuous year of 2020 represented the most critical challenge shipping leaders had to face in years. The remainder of 2021 will be subject to continuous spot versus contract balancing 2020 showed the industry that adaptability remains critical during times of disruption. Request a SONAR Demo.

Waste Reduction 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

FreightWaves SONAR

FEBRUARY 1, 2021

Part of this requires an understanding of which shipping trends are being utilized by other carriers. In a changing market, carriers will find that these trends are incredibly beneficial in ensuring that they are up to date with which direction the market is moving and will assist with carrier revenue. . Request a SONAR Demo.

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Data Price Reduction Cost Reduction Expense Reduction 76

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Read our blog on demand forecasting accuracy for more details. Trends: Product demand is influenced by fashion, technology, social, economic and legal factors. Schedule a Demo.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

FreightWaves SONAR

DECEMBER 4, 2020

And one of the easiest ways to keep up-to-date with the latest news and trends is to follow the available top freight podcasts. In this blog post on the top freight podcast, I will first provide the top FreightWaves podcasts from the FreightCasts team headed up by the legendary Timothy Dooner. Trucking for Millennials.

Freight 105

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FreightWaves SONAR

FEBRUARY 23, 2021

The solution: Recognizing market trends as they occur in real-time is easier with access to actionable, insightful data. And as 2020 taught the industry, a lack of planning for sudden changes in international trade will contribute to catastrophic, supply chain-wide failures. . Request a SONAR Demo.

Maritime 84

Maritime Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 84

FreightWaves SONAR

SEPTEMBER 1, 2021

At that point capacity was tightening as 2020 began, due to carriers being less willing to enter the market. Request a SONAR Demo. Request a SONAR SCI Demo. Spot rates during the time of disruption from the flooding were the highest of 2019, outside of holiday season at the end of the year.

Freight 98

Freight Inbound Demo Events 98

FreightWaves SONAR

FEBRUARY 25, 2021

The use of logistics automation means making it easier than ever to adapt and adjust to changing market trends and consumer demands. from 2020 to 2027.” Request a FreightWaves SONAR demo , via the button below, to better navigate the freight market today. Request a SONAR Demo.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

FreightWaves SONAR

JANUARY 26, 2021

Obviously, during periods of high-demand, as seen throughout 2020, carriers are likely to take and accept as many loads as possible. A few ways to apply data to enable this level of strategic positioning include: Tracking granular market conditions that may deviate from nationwide industry trends. Request a SONAR Demo.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

FreightWaves SONAR

JANUARY 25, 2021

And the overall industry trucking trends imply an absolute need to grow more strategically. But without a doubt 2020 was a significant game-changer for the freight load industry. Click the button below to request a FreightWaves SONAR demo. Request a SONAR Demo. This must always remain the focus of the entire supply chain.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

FreightWaves SONAR

FEBRUARY 25, 2021

Still, if they view the overall averages within FreightWaves SONAR, it’s much easier to navigate the freight market, and they can effectively know how carrier profitability is trending. The volatility on the markets in 2020 highlighted the supply chain’s vulnerability to deviations and disruptions.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

FreightWaves SONAR

FEBRUARY 2, 2021

The state of logistics in 2021 continues to undergo transformation and disruption (continued from 2020), and while companies are looking for new logistics strategies to stay proactive, there comes a point at which supply chain leaders need a simple, fast way to view market conditions. These factors are further seen in top-industry trends.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

FreightWaves SONAR

JULY 10, 2023

The loss of predictability The domestic freight market was relatively stable after the Great Recession, which trended right in line with economic growth. Trucking costs and volumes moved predictably from 2020 to 2016. Sign up for a SONAR demo. This led to a softening of the freight market as goods demand waned.

Freight 52

Freight Capacity Outbound Supply Chains 52

FreightWaves SONAR

FEBRUARY 15, 2021

The SONAR chart above shows OPRAT chart for 2020 as compared to the past three years. You notice another spike as the industry saw increased volatility in Spring of 2020 due to the COVID-19 pandemic. Click the button below to g et a demo of SONAR to see what the platform can do for you. Request a SONAR Demo.

Trucking 98

Trucking Expense Reduction Operations Purchasing Skills 98

FreightWaves SONAR

FEBRUARY 25, 2021

The use of logistics automation means making it easier than ever to adapt and adjust to changing market trends and consumer demands. from 2020 to 2027.” Request a FreightWaves SONAR demo , via the button below, to better navigate the freight market today. Request a SONAR Demo.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

Locus

MARCH 30, 2022

billion in 2020. India is no exception to this trend of rapid urbanization. Reach out to Locus for a demo today! The post Why Indian E-Pharma Companies Need Automation and Digitalization in the Last Mile appeared first on Locus Blog. India’s e-health market is projected to reach $10.6 billion by 2025 from $2.0

Supply Chain Software 52

Supply Chain Software Automation Digital Supply Chain Planning Software 52

Shipchain

JUNE 3, 2019

Being environmentally sound is very on-trend, and, according to research from Label Insights , “76% of shoppers go online to seek out information when they don’t find what they’re looking for on a product’s label. The Global Brand Counterfeiting Report for 2018-2020 marked total losses due to counterfeiting at 1.2

Purchasing Skills 48

Purchasing Skills Waste Reduction Sourcing Strategies Procurement Analytics 48

FreightWaves SONAR

JANUARY 12, 2021

Going back to spring 2020, it’s easy to see where the problems began. However, identifying the trends within invoice data compared to tendered loads available within SONAR can have a lasting impact on a carrier’s ability to maximize profitability per load and derive more value for all freight management parties.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

FreightWaves SONAR

NOVEMBER 9, 2020

Rack prices set the general trend for retail prices. The entire trucking sector has an interest in the trends around diesel fuel price data, with individual markets of interest to those who buy fuel in those regions. Knowing the fuel price trends in various markets aids that process considerably. Request a SONAR Demo.

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

FreightWaves SONAR

NOVEMBER 16, 2020

With that said, let’s look at a snapshot for November 2020 and how the Freightwaves freight market experts use SONAR reefer freight data to get a sense of capacity and potential rates for refrigerated shipping. Monitor rejection rates in the region, and push carrier rates down when you see rejection rates trend down.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

FreightWaves SONAR

APRIL 29, 2021

The retailers that performed the best over the past year were generally the ones that sold essential goods, such as food, or benefited from the trends of the hour, such as home repair. have the confidence of knowing the exact volumes that each port handled to identify key market-share trends across U.S. containerized imports.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

JANUARY 19, 2021

Unfortunately, the trials of 2020 taught supply chain leaders that planning on the typical expectations will not always work. As reported by the Uber Freight Blog , these surround the “predictability of your supply chain, including the individual trajectory of your business and industry, and fixed production, storage, and fulfillment needs.

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Supply Chain Planning Software Sourcing Strategies Expense Reduction Scenario Planning 98