Blue Grace Logistics

APRIL 1, 2024

It can be a direct reflection of current market trends, as many publicly traded companies operate within the global supply chain. In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supply chain professionals build their strategies. The answer lies in data.

Optimal Sourcing 117

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 117

WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management?

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Inventory Reduction Price Reduction Cost Reduction Ordering 52

Freightos

FEBRUARY 28, 2024

Traditional fixed-price contracts, once the bedrock of stability, are yielding to the pressures of market dynamism, unable to keep up with the factors impacting the markets. The pivot towards index-linked contracts and Forward Freight Agreements (FFAs) is not merely a trend but a strategic recalibration towards agility and resilience.

Negotiating Skills 62

Negotiating Skills Price Reduction Vendor Strategies Optimal Sourcing 62

LandLink

MARCH 11, 2020

The debate over whether density-based pricing will succeed in toppling the traditional National Motor Freight Classification’s (NMFC) based pricing in the LTL industry is an ongoing debate. Carriers are pushing for dimensional pricing to combat the profitability of lightweight shipments. This is the basis of the argument.

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Price Reduction Expense Reduction Inventory Reduction Strategy 62

Logistics Business Magazine

MARCH 21, 2024

SICK’s Monitoring Box FTMg Premium is a digital and scalable service that can be used by production planners, energy managers and maintenance engineers to make compressed air cost savings of up to 30%, as well as to eliminate costly manual maintenance regimes. The data insights also contribute towards ISO50001 Energy Management certification.

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Cost Reduction Expense Reduction Resource Reduction Waste Reduction 57

The Logistics of Logistics

AUGUST 28, 2023

Throughout her career, Sarah has been recognized for developing and executing sales strategies that help clients choose the best products for their needs. DAT.com provides real-time information on trucking rates, capacity, and market trends, allowing users to make informed decisions. The Greenscreens.ai

Supply Chain Planning Software 360

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 360

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

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Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 115

Logistics Problem Solving

JUNE 30, 2017

Logistics strategy has evolved over the past few years. After the great recession, carriers took a serious look at costs and started to rationalize their pricing. This put a lot of pressure on shippers as the old strategy of yelling louder at their carrier was no longer effective to reduce costs. Look Before You Leap.

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Resource Reduction Cost Reduction Price Reduction Strategy 59

FreightWaves SONAR

FEBRUARY 25, 2021

However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Contract freight may not equate to guaranteed capacity.

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Negotiating Skills Price Reduction Expense Reduction Data 92

3PL Links

MARCH 29, 2023

Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond The adoption of new technology will modernize your company, ensure strong competitive advantages, and make jobs that before looked difficult efficient and productive. The sent data can be seen on a map, enabling continuous shipment status monitoring.

Trends 107

Trends Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 107

FreightWaves SONAR

MAY 7, 2024

This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis. These platforms automate and digitize procurement workflows, simplifying data management and enhancing decision-making capabilities.

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Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

FreightWaves SONAR

APRIL 1, 2021

Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Download the White Paper.

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Negotiating Skills Price Reduction Trends How To 98

Logistics Problem Solving

JUNE 30, 2017

Logistics strategy has evolved over the past few years. After the great recession, carriers took a serious look at costs and started to rationalize their pricing. This put a lot of pressure on shippers as the old strategy of yelling louder at their carrier was no longer effective to reduce costs. Look Before You Leap.

Resource Reduction 48

Resource Reduction Cost Reduction Price Reduction Strategy 48

FreightWaves SONAR

JANUARY 25, 2021

And the overall industry trucking trends imply an absolute need to grow more strategically. It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. Why outdated data hurts carriers in the short- and long-term. Download the White Paper.

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3PL Links

DECEMBER 28, 2023

Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.

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Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

GoShip Blog

JANUARY 19, 2024

Fuel Costs : Fuel prices are a significant component of truck freight rates. As fuel prices rise, so do transportation costs, making this a variable that shippers and carriers closely monitor. These seasonal trends can significantly impact freight rates. Longer routes generally mean higher costs.

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FreightWaves SONAR

NOVEMBER 28, 2023

FreightWaves SONAR recently unveiled an update designed to give users new ways to analyze data — especially pricing data. The FreightWaves Trusted Rate Assessment Consortium (TRAC) includes forward-thinking transportation companies that provide daily transaction data to FreightWaves.

Optimal Sourcing 59

Optimal Sourcing Price Reduction Supply Chain Design Software Supply Chain Planning Software 59

Logistics Business Magazine

MAY 26, 2023

Transport Exchange Group (TEG), a leading UK online freight exchange platform, is helping its members to operate more dynamically and competitively in a highly volatile marketplace with the launch of what it describes as an ‘industry-first’ load pricing data service.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Data Price Reduction Transportation 59

FreightWaves SONAR

MARCH 26, 2024

This is where being able to monitor tender data at the market level can become your secret superpower. Tender data uniquely uncovers greater visibility into volumes and supply/demand metrics where seasonal impacts will make an impact. Companies have leaned on historical data and load board rates for years to manage produce seasons.

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Supply Chain Planning Software Negotiating Skills Data Scenario Planning 52

Logistics Business Magazine

NOVEMBER 24, 2023

Things are changing in supply chain management: while cost-cutting has been at the top of the agenda for many executives for years, in future they will be increasingly concerned with the shortage of skilled workers, sustainability and resilience. At a glance: The top ten SCM trends in 2024 1. Skilled labour shortage forces action 2.

Supply Chain Planning Software 60

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Freightos

NOVEMBER 15, 2023

More Resources Home November 15, 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. America weekly prices decreased 3% to $5.56/kg

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Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 103

Conger

MARCH 28, 2024

Here are the new trends in technologies that continue to impact fleet management practices: Autonomous vehicles : I am sure you have already seen autonomous vehicles used in military applications or niche logistics. Telematics collect and transmit vehicle speed, mileage, and fuel consumption data, while GPS allows precise location tracking.

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FreightWaves SONAR

MAY 14, 2024

Aggressive pricing/cost savings strategies have contributed significantly to creating a sustained volatility in the domestic transportation market. Shippers drive prices higher when they bid against one another for available capacity in tight markets. Carrier networks tend to be relatively congruent with national trends.

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Price Reduction Material Savings Cost Reduction Sourcing Strategies 52

GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service? Poor performance of new offerings leads to reduced profitability, reports McKinsey & Company. Shoppers see better pricing of products and added savings.

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Inventory Reduction Price Reduction Cost Reduction Supply Chains 74

3PL Links

APRIL 26, 2023

Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! We’ve created this list of the top 3 logistics trends for 2023 to help you on your way to supply chain sustainability. Nevertheless, with in following quarter, this strategy will need to be carried a step beyond.

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Supply Chain Planning Software Logistics Network Optimization Software Price Reduction Trends 62

FreightWaves SONAR

JANUARY 12, 2021

As demand for e-commerce accelerated, notes John Koetsier of Forbes , trucking carriers gained extreme favor in pricing power. In turn, carrier freight pricing guidance must be attuned to the fluctuations within individual needs, and that’s despite the use of end-to-end trucking analytics. At the same time, data is not created equally.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 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. America weekly prices increased 21% to $5.72/kg

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Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 114

Logistics Business Magazine

NOVEMBER 24, 2022

Although it’s hard to know for sure, here are three trends that are likely to shape the supply chain industry over the next 12 months. Building resilience into their operations, either through new business strategies or new digital capabilities, is now a key priority for all shippers, carriers and logistics service providers.

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Trends Sourcing Strategies Transportation Cost Reduction 71

LandLink

MARCH 13, 2019

The right pricing strategy is a critical component that companies can’t afford to overlook and is one of the most important aspects of maintaining profitability. Goals that are hard to attain if the company isn’t using solid pricing strategies. Look what Uber did to the taxi business.

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Price Reduction Data Cost Reduction Inventory Reduction 48

Logistics Business Magazine

DECEMBER 8, 2022

Ralf Duester, member of the board of the SCM software specialist Setlog, shows which trends will shape the year 2023. His statements are based not only on numerous conversations with economic experts and scientists, but also on data from Setlog customers who use the SCM tool OSCA. Data silos hinder successful business.

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Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Purchasing Skills 65

GoShip Blog

DECEMBER 22, 2022

With the hurdles of 2022 behind us, here are logistics trends 2023 you can expect in the coming year. As a business owner, keeping an eye on this logistics trend concerning the sustainability and eco-friendliness of your logistics solutions will do you a world of good. Rising diesel prices. Environmental Regulations.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Trends Supply Chain Software Price Reduction 52

FreightWaves SONAR

MARCH 2, 2021

Some of the most common issues that arise from a lack of accurate transportation cost analysis and data tracking include the following: Inability to track data and respond to it in real-time. . Limited data sharing within the chain. Lack of visibility and insight into common observable costs. . Consider this fact.

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Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

Freightos

MAY 15, 2024

More Resources Home May 15, 2024 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. America weekly prices increased 8% to $5.86/kg.

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Negotiating Skills Price Reduction Data Capacity 87

Locus

JUNE 16, 2023

Fuel costs: Last-mile fuel costs require careful management as they make up 25% of a truck’s operational costs over volatile price fluctuations. A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024.

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Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Now, That's Logistics

FEBRUARY 15, 2022

Damas goes on to say that ocean freight rates will not normalize until the systemic market disruptions in container shipping, caused by the pandemic, are significantly reduced. Matching capacity to need is going to be the key concern for shippers in 2022—almost regardless of price.”. And that means higher rates across the board.

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Cost Reduction Capacity Trends Expense Reduction 78

FreightWaves SONAR

FEBRUARY 10, 2021

Those who find themselves unable to keep up with modern trends often fall by the wayside, making the use of these innovative technologies even more crucial. Many of the most beneficial tools come from the utilization of data and analytics. How carriers create data-driven pricing strategies. Request a SONAR Demo.

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FreightWaves SONAR

JANUARY 5, 2021

Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Let’s look at seven ways that freight technology and data achieves that goal. Freight data reduces dwell time and load time.

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