Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

FreightWaves SONAR

FEBRUARY 16, 2021

Truck fleet management has always been intensely focused on knowledge of the freight market. Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. And freight KPIs can serve as a valuable tool for freight market intelligence.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

FreightWaves SONAR

MARCH 4, 2021

Truckload freight and transportation costs make up a large part of most logistical spending for shipping companies across the country. Cost reduction strategies in supply chain management remain focused on getting loads from point A to point B as fast and as affordable as possible. Request a SONAR Demo. Download the White Paper.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

FreightWaves SONAR

DECEMBER 21, 2020

Using real-time data , freight managers can finally begin to recognize their opportunities for better business relationships. A finite group of logistics service providers (LSPs) will inevitably lead to less competition during truckload RFP processes and higher freight spend. Contracts aren’t ironclad. Annual contracts are great.

Negotiating Skills 76

Negotiating Skills Trucking Price Reduction Cost Reduction 76

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. . Evaluating freight flows for private fleet conversion. . Deciding on the timing of freight bids. Inflation in freight costs.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Ship Monk

AUGUST 3, 2022

Of course, not all logistics service providers are created equal, which leads us to. Here are some resources that could aid in making that transition a little smoother: 3 Strategies for Migrating Inventory to a New 3PL Is There Ever a Good Time for eCommerce Brands to Switch 3PLs? Sounds like a dream come true, right?

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Inventory Reduction Resource Reduction 52

FreightWaves SONAR

DECEMBER 30, 2020

And pre-emptive strategies that help isolate and address real-time problems will inevitably rely on real-time freight data and easy-to-access systems. The hassle of managing freight with poor visibility Shipping exceptions remain an issue in modern supply chains. Of course, that’s another challenge.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 98

FreightWaves SONAR

JANUARY 21, 2021

And of course, it hinges on the ability to understand and maintain consistency in your metrics. . Staying focused on goal-oriented freight KPIs can go a long way to help. The biggest barrier to efficiency in supply chain agility rests with an inability to see, capture or analyze freight data.

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

FreightWaves SONAR

DECEMBER 17, 2020

Predictive analytics are among the most iconic ways freight managers can derive more value and streamline logistics through freight data. On the surface, they provide an assumed future for day-to-day freight operations based on current conditions, including weather. Of course, that’s only the beginning.

Supply Chain Software 52

Supply Chain Software Supply Chains Waste Reduction Expense Reduction 52

Ship Monk

MARCH 2, 2023

Freight shipping can be frightening. And as you grow, it’s likely that your strategy will evolve to keep up with changes in your customer base and product offerings, so it’s best to always stay flexible. Pallets have standardized freight structuring designed for movability, which makes them easier to strategically place and relocate.

Material Savings 52

Material Savings eCommerce Cost Reduction Inventory Reduction 52

Locus

MARCH 13, 2024

Now with an outsourced fleet, retailers cannot track the performance of these carriers and have to rely on whatever the third party tells them and of course time of delivery.

How To 52

How To Cost Reduction Vendor Strategies Inventory Reduction 52

Turvo

JUNE 16, 2020

The freight and logistics industry continues working on finding ways to make their respective organizations within the supply chain stand out from the crowd. Top Challenges for 3PLs in Building their Unique Value Proposition The challenges of maintaining a strong presence and value proposition as a 3PL are not small.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Sourcing Strategies Cost Reduction Expense Reduction 64

FreightWaves SONAR

MARCH 1, 2021

USA is a day-by-day comparison of historical predicted values for a 7-day duration for freight rates and are represented against the current reported rate shown within FWS.USA. It’s highly like a weighted calculation used to differentiate higher-intensity course curricula in an educational institution. . 7USA and FWS28.USA

Data 59

Data Modeling Software Price Reduction Cost Reduction 59

Ship Monk

MAY 25, 2023

Now, thanks to 3PLs like ShipMonk, smaller ecommerce merchants can take advantage of this inventory distribution strategy to decrease order shipping times and reduce shipping costs. Of course, you can manage your own warehouses and fulfillment, but the upfront costs make it a steep climb. How Do Orders Get Processed?

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Distribution 52

FreightWaves SONAR

MARCH 12, 2021

Monitoring freight market activity is an integral part of supply chains. Industry-wide and granular freight market data capture capabilities When capturing data from the freight market, carriers need to collect it from every available market and use this information to make improvements for their companies.

Supply Chain Software 97

Supply Chain Software Optimization Software Logistics Network Optimization Software Tools 97

FreightWaves SONAR

APRIL 16, 2021

Real-time visibility and data into all things freight shipping is a supply chain gold standard. And nearly one-half of the industry’s freight market participants can see their data in real-time. Furthermore, the volatility within the freight shipping market means that using data from last week is opening the door to risk.

Data 52

Data Supply Chain Planning Software Resource Reduction Freight 52

FreightWaves SONAR

JANUARY 15, 2021

Of course, time sensitivity, warehouse capacity, and more factors will influence rates. Thus, a predictive freight rating tool will be critical to making the best decisions and lead all other trucking trends. Adoption of digital invoicing and self-optimizing freight settlement will continue to rise steadily.

Trends 64

Trends Trucking Supply Chain Planning Software Optimization Software 64

FreightWaves SONAR

DECEMBER 4, 2020

Within the ever-changing shipping and freight management market, there is an underlying need to know and understand shipping data trends running throughout the industry. Four types of transportation data analytics are usually implemented in stages throughout the freight supply chain network.

Transportation 80

Transportation Supply Chain Planning Software Supply Chain Software Modeling Software 80