Parade

DECEMBER 14, 2021

The capacity crunch is making it harder than ever to get loads covered without paying exorbitant spot market rates. It Provides the Data You Need to Improve Strategy Ideally, your booking system should provide you with the metrics you need to understand how well your processes (and their system) are working.

Digital 78

Digital Cost Reduction Automation Demo 78

FreightWaves SONAR

MARCH 22, 2021

To further drill into this example, consider an individual lane with high market volatility. That amounts to using analytics to save on truckload procurement with better freight rates , to avoid problems securing capacity and to stay tactical with up-to-date insights. Request a SONAR Demo. Request a SONAR SCI Demo.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. And a failure to ensure trucking capacity availability within one market will have a resounding effect on allocation strategies of a trucking fleet’s assets. Request a FreightWaves SONAR demo by clicking the button below.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

FreightWaves SONAR

FEBRUARY 26, 2021

Market activity describes the nationwide and granular trends affecting available capacity, timeliness of transit and on-time, in-full deliveries. As an example, freight trucking companies should also track a few granular fuel factors, including: Forecasted Overnight Change in ULSD Rack Price (FULSDO). Request a SONAR Demo.

Trucking 96

Trucking Price Reduction Freight Cost Reduction 96

Parade

JANUARY 3, 2022

Today we're sharing 3 features to help you maximize the benefits of Parade's capacity management. It could be used to learn where you have capacity, what kind of capacity you have, and give those carriers the exact loads they want to run. #2. For example, if you’ve got a carrier that says they hate L.A.

Sourcing Strategies 78

Sourcing Strategies Optimal Sourcing Price Reduction Capacity 78

Parade

JANUARY 3, 2022

Today we're sharing 3 features to help you maximize the benefits of Parade's capacity management. It could be used to learn where you have capacity, what kind of capacity you have, and give those carriers the exact loads they want to run. #2. For example, if you’ve got a carrier that says they hate L.A.

Sourcing Strategies 78

Sourcing Strategies Optimal Sourcing Price Reduction Capacity 78

FreightWaves SONAR

SEPTEMBER 29, 2023

In fact, more air capacity is already lowering the pressures on shipping rates. For example, as seen in scenario A1, the global unconstrained demand for air cargo will fall by 14% of pre-crisis volumes in the second quarter of 2020 and will not rebound to 2019 levels until around mid-2022.”

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

FreightWaves SONAR

FEBRUARY 25, 2021

Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. Enterprise shippers need a proactive strategy to secure capacity One of the biggest challenges that shippers face remains to secure capacity.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

FreightWaves SONAR

NOVEMBER 19, 2020

Consider this example. As e-commerce peak season ramps up, more organizations will see available drivers and capacity dwindle. Without supply chain visibility, a retailer cannot realistically move freight to other markets to take advantage of trucking capacity. Consider this example. . Request a SONAR Demo.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

FreightWaves SONAR

DECEMBER 3, 2020

For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. For example, market conditions show shippers’ rate trajectories. Higher port activity leads to tighter trucking capacity in portside O/D pairs. Leading by example, supply chain managers can make more proactive decisions.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

FreightWaves SONAR

MARCH 5, 2021

Shippers will not be willing to accept a lack of trucking capacity or last-minute price changes in an industry that is becoming more transparent. As an example for these negotiating capabilities, let’s take a look at the following lane, Los Angeles, CA to Dallas, TX. Utilizing the SONAR Lane Signal dashboard for carrier sales.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

FreightWaves SONAR

FEBRUARY 16, 2021

Freight intelligence tools help management develop a more unified freight strategy. Strategic partnerships make or break the network when it comes to successful truck fleet management and rapidly scaling capacity or load execution. Request a FreightWaves SONAR demo by clicking the button below. . Request a SONAR Demo.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

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. Request a SONAR Demo. Freight Segment.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

FreightWaves SONAR

MARCH 16, 2021

However, the data [that powers them] hasn’t previously been utilized to its full capacity until recently.” Take the example of RCRPMF.USA in the image. These are just a few examples of how poor application of data analytics for logistics can affect every aspect of the reefer supply chain. Request a SONAR SCI Demo.

Data 97

Data Efficiency Supply Chain Software Logistics Network Optimization Software 97

FreightWaves SONAR

MARCH 15, 2021

SONAR Lane Acuity Plus provides lane-level insight into market stability and rate benchmarking , helping participants identify freight rate and capacity risk on a lane. . The higher the stability score, the more consistent the rate and capacity are on a given lane, resulting in a consistently high rate of tender acceptance.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

FEBRUARY 17, 2021

Mobile devices have proven optimal for implementing innovative strategies, connecting freight loads with other equipment and assets , and more. This includes shipment times, capacity , market information, and many other valuable items. For example, any redundant process needs current data, which provides shippers with several benefits.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98

FreightWaves SONAR

MARCH 2, 2021

This helps to realize fewer tender rejections, increases an understanding for requests for proposal (RFPs) bringing optimal deals, and improves lead time planning to secure capacity procurement. For example, the above image shows an OTRI of 26.83 as of the close of business on March 1, 2021.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

FreightWaves SONAR

APRIL 19, 2021

This strategy is important, as 81% of greenhouse gases are made up of carbon dioxide, which comes from the combustion of fossil fuels like coal, natural gas and oil. For example, let’s examine a load going from Denver, Colorado to Fort Wayne, Indiana. In the SONAR chart below, you can see the average U.S.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Material Savings Sourcing Strategies 52

Locus

MARCH 27, 2024

Mix it up with omnichannel Omnichannel retailing , the strategy that integrates all shopping channels like online or in-store isn’t just a buzzword—it’s a cost-saving revolution for retail businesses. In essence, omnichannel strategies turn logistical challenges into advantages, making deliveries more efficient and cost-effective.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. What is demand planning?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. What is demand planning?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 20, 2020

For example, you should consider setting different service levels, safety stock levels and reordering parameters for each category. Fine-tune your stock replenishment strategies. The amount they reorder is usually either a fixed amount or variable to meet a minimum or maximum stock capacity. Inventory classification, such as.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Turvo

DECEMBER 10, 2021

Shipyards and ports across the country are stressed to capacity. After a thorough review of available logistics transportation management solutions (TMS), Port X decided to unify its logistics management strategy with a Turvo partnership. Ask Turvo for a Demo. .

Collaboration 80

Collaboration Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 80

Ship Monk

NOVEMBER 14, 2022

An advertising strategy and budget Financial projections Demand forecasting Growth strategy (see our guides to growth and scaling your ecommerce business). For a truly successful ecommerce business strategy, you have to dig a little deeper. Slice of cake. Fruitcake. #2 2 Analyze Your Past Data and Compare It to Current Trends.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Locus

JANUARY 2, 2023

There are two proven strategies to be on time whether you schedule appointments or deliveries: forward and backward scheduling. . Backward scheduling is another planning strategy where orders are scheduled based on customer-preferred delivery dates and times. This strategy is also called Just-In-Time (JIT) manufacturing.

Material Savings 52

Material Savings Inventory Reduction Resource Reduction Optimization Software 52

FreightWaves SONAR

APRIL 29, 2021

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Pressure to develop an omnichannel strategy with strong customer service levels. Those use cases include: . containerized imports.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

EazyStock

JUNE 21, 2022

Many more traditional supply chain strategies originated in a steadier business environment. For example, management might have been cautious about adopting cloud-based supply chain solutions due to security concerns over data breaches and loss of irreplaceable data. The future of cloud computing in supply chain management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 52

EazyStock

APRIL 18, 2023

When demand fluctuates, and costs rise, it can be tempting to throw out long-term strategies to react to these changes. For example, warehouse costs, insurance and financing. While it’s impossible for you to control geopolitical and economic factors, you can control your business strategy. Higher costs of storage.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

Conger

FEBRUARY 5, 2024

There’s a lot to consider such as carrying capacity, lifting height, type of motor, tire composition, and operator ergonomics. Sign the Paperwork and Forklift Delivery Once you have tested the forklift and feel it passes your demo requirements, your next stop is signing the paperwork. Safety features And more!

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Purchasing Skills Negotiating Skills 52

EazyStock

APRIL 28, 2022

You can do this by increasing capacity at each stage of your supply chain. Capacity buffers help when there has been a delay in the supply chain and could involve bringing in extra staff or automating processes to get back on track. Automation can also help increase capacity in your supply chain.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Optimization Software 52

EazyStock

APRIL 28, 2022

You can do this by increasing capacity at each stage of your supply chain. Capacity buffers help when there has been a delay in the supply chain and could involve bringing in extra staff or automating processes to get back on track. Automation can also help increase capacity in your supply chain.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Optimization Software 52

FreightWaves SONAR

MARCH 24, 2021

One of the best strategies of risk management is diversification of assets or revenue drivers. Brokerage leaders are turning to this strategy for their freight business. You see examples of this strategy in large brokerages today. Examples of portfolio diversity in the freight business. Request a SONAR Demo.

Freight 72

Freight Price Reduction Cost Reduction Inventory Reduction 72

FreightWaves SONAR

JANUARY 21, 2021

Have you taken any steps to increase capacity utilization? As a few examples, these are four critical KPIs to focus on: Owner-operator to driver ratio – A lower ratio here means more opportunities for in-house drivers who bring more affordable rates. . Request a FreightWaves SONAR demo by clicking the button below now.

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

FreightWaves SONAR

MARCH 1, 2021

Take the above graphic for example: . For example, in FWS, the straight average of all lanes is set to a value of 1 per lane. As an example, if ATL-CHI has 30 loads and MKE -BIS has loads, the ATL-CHI rate is used 30x while the MKE-BIS has 2 inclusions within the calculator. Request a SONAR Demo.

Data 59

Data Modeling Software Price Reduction Cost Reduction 59

EazyStock

MARCH 17, 2021

Demand can also surge unpredictably – one recent example is the sudden increase in demand for personal protective equipment (PPE) with the spread of COVID-19. For example, finding tier 1 suppliers with tier 2 suppliers within the same country and near each other to eliminate additional tariffs and borders along with shortening lead time.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 78

Locus

JUNE 21, 2022

Everything from your grocery delivery in a matter of minutes, to the television set you purchased online that was delivered with utmost care is an example of efficient last-mile delivery. Schedule Demo. In 2021, retail e-commerce sales amounted to approximately $4.9 trillion worldwide. trillion in 2025. Talk to our experts!

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Sourcing Strategies Optimization Software 52

GlobalTranz

FEBRUARY 24, 2015

In the communications, media, and high-tech industries, for example, it’s common for original equipment manufacturers (OEMs) to price goods on a cost-plus basis, with incentives to expedite hot products, such as the latest smartphone. With freight costs rising, the task of teasing out hidden costs is becoming increasingly critical.

Data 94

Data Transportation Cost Reduction Material Savings 94