FreightWaves SONAR

JANUARY 19, 2021

Operational trucking charges and costs are nothing new. While a scorecard of operations, similar to the lane scorecard used by shippers, can help carriers manage their fleets, it still leaves much to be desired. If a company’s staff can see what may occur based on current trends, they can better assign prices for loads.

Cost Reduction 98

Cost Reduction Supply Chain Planning Software Optimization Software Trucking 98

FreightWaves SONAR

JANUARY 15, 2021

And the trucking trends will reflect both the hope for a return of normalcy and the reality of some new, permanent shifts in the industry. With that in mind, it’s important to realize that carriers can use the top 10 trucking trends to find a long-term value-prop coming out of the most in-demand periods for carriers in history.

Trends 64

Trends Trucking Supply Chain Planning Software Optimization Software 64

WorkWave

MAY 30, 2024

Supplier Relationship Management (SRM) is a critical component for field service organizations looking to optimize their operations and ensure the highest level of quality and efficiency in their supply chain. What is Supplier Relationship Management (SRM)? Get Started With ServMan Software!

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills Vendor Strategies Material Savings 52

CH Robinson Logistics

MARCH 12, 2020

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. A key component of this technology trend is the need for a supply chain visibility platform. Request a demo here or email info@mytmc.com.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Vendor Strategies Inventory Reduction 62

Shipchain

FEBRUARY 26, 2019

According to EFT’s Supply Chain Hot Trends to Watch for in 2019 , one of the most significant trends that we should be paying attention to this year is automation. Judging by the speed with which the industry embraces new technological trends, there will undoubtedly be some obstacles to overcome before it becomes prevalent.

Supply Chain Software 109

Supply Chain Software Supply Chains Automation Trends 109

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.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. A significant majority – 70% – reported a return to normalcy in logistics operations, with 40% experiencing conditions that were even better than those they experienced pre-pandemic.

Negotiating Skills 114

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 114

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. Trucks in the market operational or out of service, such as SONAR’s quarterly total trucking failures index (EXIT). Operating ratio and company margins (OPRAT). Request a SONAR Demo.

Trucking 96

Trucking Price Reduction Freight Cost Reduction 96

FreightWaves SONAR

JULY 24, 2023

Without excellent and clear communication, these trends will not be identified and acted upon until it is too late. Keeping costs under control should be a proactive, not reactive strategy, especially during an unprecedented time of transition and reopening ahead of peak season. The supply chain operates on roughly an 18-month cycle.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

FreightWaves SONAR

MARCH 2, 2021

Together, these challenges demonstrate why transportation cost analysis is critical to keeping the supply chain operational and functioning at a profitable and scalable level. True transportation cost analysis goes well beyond benchmarking to analyze, monitor and forecast trends that can be used to the shipper’s advantage.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

Freightos

DECEMBER 28, 2023

More Resources Home December 28, 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 operations and rates will likely be impacted as well.

Negotiating Skills 77

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 77

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. The use of logistics automation means making it easier than ever to adapt and adjust to changing market trends and consumer demands.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

Log-hub

NOVEMBER 22, 2023

7 min read In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

FreightWaves SONAR

JANUARY 7, 2021

Automated systems and advanced workflows have brought new life to carrier operational excellence and collaboration with shippers. Poor tender acceptance strategies. Will network investments lower operating costs? If operating costs increase, will sales volume warrant the investment? Lackluster communication with shippers.

Supply Chain Software 98

Supply Chain Software Supply Chain Design Software Supply Chain Design Automation 98

Locus

JUNE 16, 2023

Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Fuel costs: Last-mile fuel costs require careful management as they make up 25% of a truck’s operational costs over volatile price fluctuations. Step into the world of last-mile delivery, the unsung hero of the e-commerce world.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

FreightWaves SONAR

FEBRUARY 16, 2021

Knowing how fleets operate day in and day out will help provide a clear picture of efficiencies. Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. Freight intelligence tools help management develop a more unified freight strategy.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

Log-hub

NOVEMBER 22, 2023

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

The Logistics of Logistics

JUNE 23, 2022

However, even as retailers scramble to meet e-commerce consumer demands, and providers lean into the latest trends to get those packages to front doors, there is plenty going on behind the scenes. OneRail showcased its final-mile solution during a Monday demo session at FreightWaves’ Future of Supply Chain event.

Collaboration 150

Collaboration Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 150

The Logistics of Logistics

JUNE 23, 2022

Retail delivery solutions continue to change to keep up with market trends. However, this adds to operational and overall shipping expenses. Proper management of final deliveries is critical for maintaining high profits and reducing operating costs. The Last-Mile Needs a Sustainable-First Strategy.

Supply Chain Planning Software 150

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Logistics Network Optimization Software 150

WorkWave

DECEMBER 11, 2023

Dashboards provide a quick and easy way to access important metrics and help decision-makers make informed decisions based on current trends and data in their business. Managers can set targets, track progress and measure the success of initiatives or improvements implemented within the field service operations.

Optimization Software 52

Optimization Software Resource Reduction Inventory Reduction Tools 52

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. When the freight market meets expectations and is less volatile, it is easy for shippers and carriers to not look at inefficient processes or their transportation procurement strategy.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

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 Scenario Planning Sourcing Strategies 105

FreightWaves SONAR

NOVEMBER 12, 2020

” To help each freight broker improve operations, managers must recognize the challenges that may arise due to a lack of freight technology. They already operate on razor-thin profit margins. A successful freight broker can reduce this likelihood by ensuring that the company is always on top of the newest trends.

Supply Chain Software 98

Supply Chain Software Optimization Software Logistics Network Optimization Software Freight 98

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. It is a complex process, and it is important for carrier operations managers to understand how contract versus spot affects asset allocation. Using market trends to identify price changes for short-term and long-term outlooks and boost carrier revenue.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

FreightWaves SONAR

FEBRUARY 1, 2021

Part of this requires an understanding of which shipping trends are being utilized by other carriers. In a changing market, carriers will find that these trends are incredibly beneficial in ensuring that they are up to date with which direction the market is moving and will assist with carrier revenue. . Request a SONAR Demo.

Data 76

Data Price Reduction Cost Reduction Expense Reduction 76

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. These factors are further seen in top-industry trends.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

FreightWaves SONAR

NOVEMBER 24, 2020

As explained by Grainger , “In today’s global economy, technology trends like the Internet of Things (IoT) and Big Data have become an indispensable part of everyday business. That’s been the dominant trend in 2020. In recent years, agile, flexible and adaptive supply chains have become the new logistics strategies.

Data 90

Data Freight Supply Chain Software Inventory Reduction 90

FreightWaves SONAR

FEBRUARY 5, 2021

Market volatility insight presents value to carriers that learn to recognize how trends lead to challenges and why those challenges represent opportunities for improvement. Get started by requesting a FreightWaves SONAR demo today, or simply click the button below. . Request a SONAR Demo.

Expense Reduction 105

Expense Reduction Cost Reduction Price Reduction Waste Reduction 105

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. The use of logistics automation means making it easier than ever to adapt and adjust to changing market trends and consumer demands.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

Locus

MARCH 27, 2024

On one hand, they’re battling shrinkage, which includes inventory losses from both operational slip-ups and theft. Additionally, optimizing the logistics of returns by strategically planning routes and fully utilizing vehicle space can significantly reduce operational expenses.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

FreightWaves SONAR

NOVEMBER 17, 2020

Part of that strategy lies in using the right transportation data, analysis and insightful reports, such as those provided within FreightWaves SONAR, to guide day-to-day operations. Outbound/Inbound Tender Rejection Indices to understand market trends and rates. Request a SONAR demo online to learn more.

Data 52

Data Sourcing Strategies Transportation Freight 52

FreightWaves SONAR

DECEMBER 18, 2020

So here are six hallmarks of a shipper of choice and how your company can turn them into actionable, attainable goals for your operation. In other words, it’s time to start thinking about looking at industry data trends to find new opportunities for improvement. Request a SONAR Demo. 6 Hallmarks of a Shipper of Choice.

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Cost Reduction Optimal Sourcing 98

TransAudit

DECEMBER 14, 2022

Learning more about fuel costs and shipping will give you a better understanding of what’s going on and equip you with some strategies to help. That’s because cargo ships use an incredible amount of fuel, and the cost of fuel typically represents at least 50% of the expense to operate a ship. How Fuel Costs Raise Shipping Prices.

Cost Reduction 72

Cost Reduction Purchasing Skills Price Reduction Expense Reduction 72

The Logistics of Logistics

MARCH 14, 2023

As a result, data security and compliance have become a critical component of logistics operations, although implementing adequate controls can present numerous challenges in these complex networks. For the service provider, SOC compliance provides a competitive advantage and conveys a proactive and accountable approach to data management.

Compliance 195

Compliance Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 195

Locus

MARCH 4, 2024

In the fast-paced world of supply chain management, Transportation Management Systems (TMS) have become an indispensable tool for retailers seeking to optimize their transportation operations. The operations team shouldn’t work this way and yes, there is a better way. IT and operation teams can rest easy.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Cost Reduction Expense Reduction 52

Ship Monk

JULY 27, 2022

Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! Demand forecasting helps you: Optimize inventory Align with your operational strategy Analyze demographic and product trends Surprise and delight customers Protect yourself against financial risks Prepare for peak season.

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

FreightWaves SONAR

JANUARY 7, 2021

Automated systems and advanced workflows have brought new life to carrier operational excellence and collaboration with shippers. Poor tender acceptance strategies. Will network investments lower operating costs? If operating costs increase, will sales volume warrant the investment? Lackluster communication with shippers.

Supply Chain Software 52

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 52