EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Supply chain strategies have come into the spotlight as volatile demand and complicated global markets have made supply chains more complex.

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FreightWaves SONAR

APRIL 6, 2021

Figuring out how to improve annual request for proposal (RFP) bidding strategies remains elusive for many shippers, especially in the context of knowing when to expand the network to leverage freight consolidation. And it’s important to realize how that process can affect annual RFPs and mini-bid activity.

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Log-hub

DECEMBER 8, 2023

But since you’re here, this must be the question you are asking yourself, and we’ll try to dig deep into the topic, helping you overcome the transportation costs obstacles. We witnessed a significant increase in the transportation costs. Vehicle initiation costs have increased by 50% in year 2023.

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WorkWave

MARCH 26, 2024

Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction. Efficiency and Cost-Effectiveness Efficient delivery route planning not only benefits customers but also contributes to the company’s bottom line. Start Using RouteManager!

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Locus

OCTOBER 17, 2023

How many route deviations did the driver make? Which driver contributed to the highest cost per mile ? Read Also: How to Manage Your Logistics during the Peak Seasons in the US? They know how to ensure smooth riding in those areas without getting stuck in traffic or road closures.

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WorkWave

NOVEMBER 14, 2023

Time To Read: 6 minutes If you’re wondering how to start a NEMT business, you’ve come to the right place. We’re setting out on a journey to understand how to transform your dream into reality, navigating legal documents, and NEMT software, hiring competent drivers, and crafting an effective marketing strategy.

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WorkWave

NOVEMBER 14, 2023

Time To Read: 6 minutes If you’re wondering how to start a NEMT business, you’ve come to the right place. We’re setting out on a journey to understand how to transform your dream into reality, navigating legal documents, and NEMT software, hiring competent drivers, and crafting an effective marketing strategy.

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FreightWaves SONAR

JANUARY 19, 2021

Operational trucking charges and costs are nothing new. To that end, here are the top steps for carriers to get more from their fleets and proactively manage operational trucking costs. Unify pricing strategies with freight forecasting tools The final step to getting more from your fleet requires freight forecasting tools.

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Locus

MAY 20, 2024

This fulfillment method cuts down delivery costs of serving customers especially in dense cities. In a way, this model is a win-win as it saves return logistics costs for retail businesses. How to Improve Fleet Utilization? Read Also: Big and Bulky Retail Shipments – Seamless Delivery Regardless of Size 7.

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WorkWave

FEBRUARY 16, 2024

It’s crucial to understand why profit margins matter and how to calculate them right down to the last cent, so we’ve created this pest control business profit margin calculation guide. Calculating it accurately can help you make informed decisions about pricing, cost-cutting measures and growth strategies.

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Locus

MARCH 13, 2024

Out for Delivery – How to Adhere to timelines? Implementing a smart sorting solution that can auto sort packages based on zip code, vehicles, order type and many other parameters, will significantly bring down time to sort, personnel cost and driver time at the warehouse, leading to faster delivery times.

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WorkWave

DECEMBER 8, 2023

This function plays a crucial role in the supply chain management process and is an integral part of a company’s overall logistics and operations strategy. For more information on how RouteManager can empower your team to tighten your inbound logistics, schedule your free demo today.

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FreightWaves SONAR

FEBRUARY 5, 2021

(Graphics created by Emily Ricks) Carriers frequently find themselves frustrated when costs eat away at their profits and they have limited pricing visibility. Financial losses or declining profitability certainly make cost-cutting a priority. Financial losses or declining profitability certainly make cost-cutting a priority.

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RPA Labs

NOVEMBER 3, 2020

Although it can sound daunting, automating simple tasks within your organization can save 40% or more in operational costs. Reducing Latency with Logistics Process Automation. Benefits of Automation: Error Reduction: Our error rate is 0.1% Benefits of Automation: Error Reduction: Our error rate is 0.1%

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Locus

NOVEMBER 30, 2023

Pace of Innovation Enterprises must decide how innovation aligns with their logistics strategy. Read Also: Buying vs. Building Logistics Software: How to Choose? Maintenance and tech debt Building legacy systems offers stability but introduces maintenance costs and tech debt, particularly during growth phases. Watch now!

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FreightWaves SONAR

DECEMBER 8, 2020

Therefore, enterprises need to know how to apply transportation data to increase on-time shipping performance. . Get your team on board with new strategies. Business leaders should work to share new strategies and process improvements with all staff. Reduce dock delays. Request a SONAR Demo.

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Log-hub

DECEMBER 12, 2023

Scenario Comparison in Supply Chain isn’t only a time and cost saver, but also a great way to support your intuition. When it comes to network design optimization, you might want to run AS-IS Analysis, design a completely new network from scratch, optimize an existing network, or compare future strategies. We got you!

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FreightWaves SONAR

APRIL 1, 2021

LTL shipping rates would historically depend on freight class and the cost per hundredweight . In the past, calculating freight class depended on the physical weight of an item, as well as what else could be shipped within the same truck to set a cost per hundredweight (CPW). Request a SONAR Demo. Request a SONAR SCI Demo.

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Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. How to use AI to optimize stock levels Within the larger context of supply chain optimization, AI proves to be a versatile tool in the quest for optimal stock levels.

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Ship Monk

SEPTEMBER 14, 2022

By value , we mean how much that inventory cost to make or purchase, plus how much it’s costing you to store it. For an eCommerce business, inventory is your most valuable asset (at least in terms of bookkeeping) and also one of your largest costs. How to Calculate Beginning Inventory.

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FreightWaves SONAR

MARCH 2, 2021

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses.

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Locus

AUGUST 7, 2023

If we consider the average cost of a new car in the United States was approximately $40,000 in 2021, this increase is equivalent to almost 4 billion new cars. It is crucial for organizations to evaluate the risks and benefits associated with each approach when considering their digitalization strategy. billion by 2031.

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EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. This post will explain how, but first, let’s deal with a few simple definitions. Here are six inventory optimization strategies to improve inventory turnover without damaging stock availability: Know your inventory items’ position in their product life cycle.

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WorkWave

FEBRUARY 20, 2024

As an electrical contractor, knowing how to estimate electrical work can make the difference between profit and loss. From reviewing job specifications to sending the proposal, this comprehensive guide will show you how to estimate electrical work the right way.

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Ship Monk

NOVEMBER 21, 2022

Others take an educated guess and hope for the best, which isn’t a strong strategy either. On the other hand, if you order too soon, you may not have enough room to store the new products, or you may have to pay more than expected for storage and holding costs. How to Calculate a Reorder Point. What is a Reorder Point?

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FreightWaves SONAR

MARCH 23, 2021

And rather than waiting until things go wrong, shippers, carriers and brokers can apply these seven last-minute thoughts can help bring to light what strictly a business should focus on and how to apply predictive rates to measure the likelihood of improved operations. Request a SONAR Demo. Request a SONAR SCI Demo.

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Locus

MAY 14, 2024

This surge in online and omnichannel shopping has necessitated a rethink of logistics strategies, emphasizing the adoption of tech solutions. How Improved Hub Operations Reduce Time Under The Roof f. trillion by 2027. Locus provides numerous benefits to retail logistics operations through its multitude of features.

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FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. As such, carriers need to know a few things about freight load balance scoring and how to assess market conditions to avoid delays, balance their fleets and maximize profitability per load.

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FreightWaves SONAR

MARCH 17, 2021

That’s where SONAR SCI Lane Acuity can add the most value and prepare enterprise shippers for true, future-ready bidding strategies. Lane Acuity helps you know how difficult it is to cover loads for a given lane and using that information to your advantage in bidding and day-to-day operations. Request a SONAR Demo.

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FreightWaves SONAR

FEBRUARY 10, 2021

To help carriers learn how to apply and deploy data more effectively, this white paper will explore: The uses of data to allocate and manage assets. How carriers create data-driven pricing strategies. The advantage of predictive rating tools to manage and maximize RFP efficiency and cost alignment. Request a SONAR Demo.

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Trinity Logistics

MAY 10, 2023

Could your company be wasting money on a logistics strategy that doesn’t work? Logistics optimization strategies such as improving your load planning processes can be an effective way to reduce freight costs by as much as 10 to 40 percent. Learn how Trinity's TMS helped Pompeian increase efficiency and reduce costs.

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Locus

APRIL 3, 2023

An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. Logistics management optimizes these functions and helps in creating an effective balance between the cost and benefits of holding inventory. from 2019 to 2025.

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WorkWave

MAY 16, 2023

Use this guide to learn everything you need about the 34-hour reset rule, including how to make the best of it. Benefits of the 34-Hour Reset Rule Challenges with Implementing the 34-Hour Reset Rule Strategies to Overcome Challenges by Implementing the 34-Hour Reset Rule Why You Should Embrace the 34-Hour Reset Rule Now.

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FreightWaves SONAR

APRIL 5, 2021

Enterprise shippers naturally want to secure the most cost-effective capacity for their freight loads. When enterprise shippers know how to prepare for and predict contract truckload rates accurately, they are more likely to find success with their RFP bids. How to use data to absorb market volatility and manage freight proactively.

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FreightWaves SONAR

APRIL 7, 2021

USA, VOTRI.USA, TSTOPVRPM.USA Truckload carriers have continued to struggle to provide consistent coverage through the first quarter of 2021, and in return costs have increased. The traditional strategy of relying on leverage will probably not work as well this year. Request a demo by clicking the buttons below.

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FreightWaves SONAR

MARCH 26, 2021

Lower total transportation cost. These include: Risk of higher freight spend through waiting costs. Higher infrastructure and equipment cost. Inability to compare costs of intermodal versus truckload. Request a SONAR Demo. Request a SONAR SCI Demo. Increased overall safety during transport.

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FreightWaves SONAR

JANUARY 25, 2021

Freight management companies and partners can remain unsure of how to attain or utilize meaningful, actionable freight data. . The problem with the growing demand for free shipping is that these services still cost money. Click the button below to request a FreightWaves SONAR demo. Request a SONAR Demo.

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