FreightWaves SONAR

JANUARY 5, 2021

And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Recognize that not all loads are as lucrative as meets the eye, letting data do the talking Benchmarking may be the first step, but the next focuses on identifying the less-lucrative loads.

Data 88

Data Price Reduction Freight Resource Reduction 88

FreightWaves SONAR

FEBRUARY 4, 2021

Trucking capacity is tight, and deadheading is the precursor of even stricter capacity. Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. Of course, carriers want their transportation networks to be as profitable as possible. Think about it.

Waste Reduction 98

Waste Reduction Data Expense Reduction Cost Reduction 98

Logistics Viewpoints

DECEMBER 6, 2023

Here are some data that support my view. However, GEP And S&P Global publish the GEP Global Supply Chain Volatility Index based on data derived from S&P Global’s PMI surveys. However, GEP And S&P Global publish the GEP Global Supply Chain Volatility Index based on data derived from S&P Global’s PMI surveys.

Supply Chain Software 160

Supply Chain Software Supply Chains GEP Price Reduction 160

AIMMS

JANUARY 28, 2019

This means we help the team answer questions about global production footprint design, such as “where should we build our breweries,” “where should we invest in capacity,” “how much capacity should we build on which location,” “what kind of equipment should we invest in” and “when should we invest.”. a non-alcoholic beer).

Modeling Software 117

Modeling Software Optimization Modeling Optimal Sourcing Modeling 117

FreightWaves SONAR

MAY 19, 2021

Since its introduction in 2018, FreightWaves SONAR has provided subscribers with the most current freight market data, analysis and insights. SONAR is the only freight forecasting platform that combines contract tender data with spot rate data and creates predictive freight rates.

Data 52

Data Negotiating Skills Supply Chain Design Software Supply Chain Design 52

FreightWaves SONAR

FEBRUARY 25, 2021

But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Here are a few things managers need to keep in mind when working with real-time freight data for pricing purposes. . Contract freight may not equate to guaranteed capacity. Download the White Paper.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

Talking Logistics

OCTOBER 9, 2018

More than a year into a freight capacity crisis that shows little sign of weakening, it’s time for all parties involved in logistics and freight transportation to meet this issue head on. Of course, all of this is easier said than done, but new challenges tend to require new strategies and new innovation. There are No Crystal Balls.

Capacity 69

Capacity Freight Logistics Network Optimization Software Supply Chain Software 69

AIMMS

JANUARY 28, 2019

This means we help the team answer questions about global production footprint design, such as “where should we build our breweries,” “where should we invest in capacity,” “how much capacity should we build on which location,” “what kind of equipment should we invest in” and “when should we invest.”. a non-alcoholic beer).

Modeling Software 62

Modeling Software Optimization Modeling Modeling Optimal Sourcing 62

Freightos

AUGUST 23, 2023

Blog " * " indicates required fields Email * More Resources Home August 23, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Price Reduction 88

Price Reduction Resource Reduction Cost Reduction Capacity 88

The Logistics of Logistics

MAY 9, 2022

Of course, some of the industry leaders like Loadsmart are delivering these innovations today. Instantaneous freight quotes created by a dynamic pricing tool that delivers the right price with guaranteed capacity. Data insights that enable shippers to learn from not just their own data and insights — but from each other.

Optimization Software 195

Optimization Software Freight Modeling Software Price Reduction 195

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. The post Freight Market Data To Assist in Negotiations With Carriers appeared first on SONAR.

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

Talking Logistics

APRIL 4, 2018

From the last half of 2017 through today and beyond, a slew of market forces, some predictable and some unexpected, have combined to create a very real truck capacity shortage in the United States. The past, present and future market forces causing today’s extreme truck capacity shortage include: Strong Economy. Holiday Season.

Presentation 62

Presentation Capacity Trucking Cost Reduction 62

Talking Logistics

OCTOBER 30, 2018

If you’ve ever paid $10 for an Uber ride to the cocktail lounge in the evening and then a “surge priced” $50 for the same distance Uber ride back to your home only a few hours later around closing time, you understand the dynamics troubling shippers in today’s capacity constrained transportation market.

Optimization Software 60

Optimization Software Supply Chain Software Material Savings Logistics Network Optimization Software 60

FreightWaves SONAR

AUGUST 7, 2023

Very few prognosticators could have predicted the epidemiological course of the disease, the way that public policy responses to the disease changed over time or how those policies affected consumer behavior. Again, leading supply chain teams were prepared and could integrate new data sets into their advanced planning systems.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 98

The Logistics of Logistics

JULY 2, 2021

Of course, some of the industry leaders like Loadsmart are delivering these innovations today. Instantaneous freight quotes created by a dynamic pricing tool that delivers the right price with guaranteed capacity. Data insights that enable shippers to learn from not just their own data and insights — but from each other.

Freight 195

Freight Optimization Software Price Reduction Modeling Software 195

GlobalTranz

FEBRUARY 24, 2021

Use Real-Time Data to Inform Your Returns Management Strategy. The ability to collect data is meaningless without the ability to analyze the data to inform data-driven business decisions. However, not all supply chains have the capacity or resources to aggregate the massive stores of data available.

Cost Reduction 110

Cost Reduction Inventory Reduction Resource Reduction Supply Chain Planning Software 110

AIMMS

OCTOBER 24, 2018

This means we help the team answer questions about global production footprint design, such as “where should we build our breweries,” “where should we invest in capacity,” “how much capacity should we build on which location,” “what kind of equipment should we invest in” and “when should we invest.”. a non-alcoholic beer).

Modeling Software 48

Modeling Software Optimization Modeling Optimal Sourcing Modeling 48

Logistics Viewpoints

MARCH 20, 2023

Data is stored just like you might sketch ideas on a whiteboard. Those insights are driven from data connections across the vast amounts of data these companies have access to. Planners in China rely on different data sources and operate with different business practices than those in North America.

Supply Chain Planning Software 125

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 125

FreightWaves SONAR

APRIL 29, 2021

Using SONAR data in contract negotiations with carriers and 3PLs. . Of course, during that same period, many retailers performed extremely well. Greater efforts to mitigate volatility in freight costs, such as using more dedicated capacity or making larger use of private fleets. Evaluating truckload to intermodal conversion. .

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Logistics Viewpoints

AUGUST 22, 2023

And in the intervening years — as we’ve leveraged real-time data, ML and AI to help countless companies answer the “where’s my truck” question — I’ve continued to underscore that visibility is a foundational technology. That’s when you can course correct in any number of ways that make your business more efficient and your customers happier.

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 111

GlobalTranz

AUGUST 14, 2018

Transportation Management Data Insights Lead to Collaboration, Reduced Shipping Costs, & Beating the Capacity Crunch In this “The Freight Project Podcast” episode you’ll hear : The value to a business to have an executive in charge of driving change and innovation. Download the E-Book. GET YOUR FREE WHITE PAPER.

Cost Reduction 48

Cost Reduction Resource Reduction Collaboration White Paper 48

IoT World Today

FEBRUARY 6, 2020

Of course, you can build more tracks and there are places in the Netherlands where it would be easy to do this, but in areas like the Randstad conurbation, where extra capacity is needed most, it’s going to be difficult,” said Pier Eringa, CEO of ProRail in an article on the railway’s efforts to boost capacity and speed.

Efficiency 135

Efficiency Networks Optimization Software Training 135

Parade

FEBRUARY 24, 2022

We can then ensure that Parade fits right into those workflows and captures all the data it needs from them before go-live. This allows Parade to be prepared for launch, with workflows, capacity data, and carrier information already in the system. All that data helps Parade do its job better.

Training 78

Training Cost Reduction Capacity Data 78

Blue Grace Logistics

JULY 10, 2018

While holidays have a substantial effect on freight capacity, produce season can cause one of the biggest crunches of the year. This, of course, needs to happen before a carrier can consider taking on new freight. . The rise in capacity demand for the season is resulting in some hefty transportation fees.

Capacity 48

Capacity Food and Agriculture Price Reduction Cost Reduction 48

FreightWaves SONAR

MARCH 4, 2021

That’s even more true since transportation capacity, indicated by LMI.TPCP, is at 46.34, well below prior years’ averages in the above image. That’s where data analytics comes in.” The higher the capacity on every leg of the trip, the higher the profit margins.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

FreightWaves SONAR

NOVEMBER 19, 2020

According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.

Supply Chain Software 105

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 105

Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. COVID of course taught companies the need for agility. Real-time location and IoT data such as condition statuses (e.g., Stuff happens.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 134

Freightos

FEBRUARY 28, 2024

Of course, the economic viability of these types of shipments is limited to specific commodities. With more easily accessible data and bookings, alternatives to, yes, historically alternative routes suddenly become far more viable. Here’s how the data stacks up, relying on data points from Freightos’ air and ocean data.,

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

FreightWaves SONAR

DECEMBER 29, 2020

Load capacity limits play a crucial part in a supply chain network organization, logistics metrics management, and procurement in the shipping industry. In fact, with reverse logistics peak season upon the industry, data to understand reverse logistics procurement in the shipping industry is even more valuable. .

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

Blue Grace Logistics

SEPTEMBER 20, 2018

What Does the ELD Mandate Mean: Transit times, Capacity, and Rates . Long Haul (over 800 miles) The long haul runs are also affected by the ELD mandate, of course, but many carriers operating these runs were already in compliance. . How BlueGrace Can Help. There are plenty of opportunities to save on costs waiting to be revealed.

Capacity 48

Capacity Negotiating Skills Optimal Sourcing Vendor Strategies 48

ShipLilly

SEPTEMBER 22, 2021

To answer that question, American Shipper analyzed data from the Marine Exchange of Southern California on exactly which ships are stuck out there. While the numbers fluctuate from day to day, there were 70 container ships in the queue on Monday with total capacity of 432,909 twenty-foot equivalent units. Of ships at anchor on Feb.

Cargo 111

Cargo Capacity Inbound Handling 111

GlobalTranz

DECEMBER 1, 2017

While expanding capacity with new construction is certainly one solution, other ways exist to get more throughput and capacity in distribution centers without major overhauls to existing operations. This idea can be a double-edged sword in the arsenal to improve throughput and capacity in your distribution centers.

Cost Reduction 60

Cost Reduction Waste Reduction Distribution Inventory Reduction 60

SYSPRO Smarter ERP

NOVEMBER 6, 2023

Among the production lines, warehouses, and shipping docks of your company, your ERP system acts as the air traffic control tower—directing every operation, process and data point successfully from and to their destinations accurately and on time. Set a Clear-Course Budget: Define a comprehensive budget for the ERP transition.

ERP 124

ERP Manufacturing Procurement How To Sourcing Strategies 124

FreightWaves SONAR

FEBRUARY 16, 2021

Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. Streamline data capture and analysis. Data for the sake of data is meaningless without proper, automated analysis and data capture. Know your operating ratio .

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

FreightWaves SONAR

DECEMBER 21, 2020

Using real-time data , freight managers can finally begin to recognize their opportunities for better business relationships. Still, if the carrier loses drivers, there is nothing a shipper can do to secure more capacity during peaking asset demand periods. And it’s not always a need to secure more capacity.

Negotiating Skills 76

Negotiating Skills Trucking Price Reduction Cost Reduction 76

FreightWaves SONAR

FEBRUARY 11, 2021

Digital freight matching is growing more valuable as a way to source meaningful capacity Companies and freight managers that have embraced digital technology and automation remain more likely to thrive. Using digital freight matching platforms is the best strategy to secure meaningful and practical capacity. Download the White Paper.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

SYSPRO Smarter ERP

JANUARY 22, 2024

The difference of course is that business processes are more integrated and the Internet has enabled companies to become connected, both within the organization and between business partners. Challenges of MRP MRP relies on data accuracy. MRP is one of the early inventory management systems and has been widely adopted by manufacturers.

MRP 52

MRP Manufacturing Procurement Optimal Sourcing ERP 52