FreightWaves SONAR

JUNE 10, 2021

FreightWaves SONAR is releasing new indices – Capacity Trend Market Scores and Capacity Trend Market Direction – to help shippers, carriers and brokers prioritize specific routes daily. Capacity Trend Market Scores Capacity Trend Market Scores are divided into two perspectives – shipper/broker and carrier.

Trends 52

Trends Capacity Outbound Inbound 52

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Demand forecasting software can integrate with your ERP or business system to automatically generate a demand forecast that considers demand variance, seasonality, trends and promotions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Demand forecasting software can integrate with your ERP or business system to automatically generate a demand forecast that considers demand variance, seasonality, trends and promotions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Talking Logistics

JANUARY 23, 2019

The digitization of freight is one topic that has generated a lot of industry buzz and animated discussion over the past couple of years, but also a lot of confusion and questions. What exactly is freight digitization? Defining the digitization of freight. Is Blockchain part of freight digitization? The value proposition.

Digital 61

Digital Supply Chain Software Freight Logistics Network Optimization Software 61

Trinity Logistics

MAY 9, 2022

Which has better shipping freight rates? CONTRACT RATE PROS/CONS SPOT MARKET PROS/CONS HOW TO GET YOUR BEST SHIPPING FREIGHT RATE ON THE CONTRACT MARKET HOW TO GET YOUR BEST SHIPPING FREIGHT RATE ON THE SPOT MARKET WHAT HAPPENS WHEN A CONTRACT IS BROKEN? Spot freight rates are short-term transactional quotes for moving freight.

Freight 83

Freight Price Reduction Supply Chain Planning Software Logistics Network Optimization Software 83

FreightWaves SONAR

MARCH 15, 2021

The introduction of this first application within SONAR SCI was built with leaders at companies that spend millions of dollars on freight shipping. 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. .

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

CLX Logistics

JUNE 27, 2023

In the realm of rail freight transportation, businesses often encounter a myriad of challenges when dealing with railroads. It’s well-suited for the efficient movement of large volumes of freight and provides a cost-effective solution for businesses dealing with substantial quantities of goods, such as bulk liquids or heavy products.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Optimization Software Logistics Network Optimization Software 52

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Identify Regional Trends.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Identify Regional Trends.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Identify Regional Trends.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

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. Quite simply, it costs money to ship freight and the amount can vary significantly by region, zone, mode and more.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

Talking Logistics

OCTOBER 30, 2018

In 2018, tender reject rates have reached as high as 25% in late July, and although they’ve fallen to nearly 14% more recently, that’s still a significant volume of freight moved via the spot market. If a competitive spot bid tool can save even 3 percent on $10 million, that saves this shipper $300,000 a year.

Optimization Software 60

Optimization Software Supply Chain Software Material Savings Logistics Network Optimization Software 60

FreightWaves SONAR

JULY 17, 2023

Third-party supply chain and freight market data has become an important tool for retailers, manufacturers and suppliers who want to redesign their networks, improve strategic planning, benchmark their transportation spend and the service they’re getting in return, and measure the efficiency of their facilities.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Supply Chains Data 52

FreightWaves SONAR

FEBRUARY 2, 2021

That’s where freight indices come into play. These factors are further seen in top-industry trends. This trend is changing land use patterns and contributing to increased truck traffic and competition for curb space in residential areas. Note, however, that the ability to apply data depends on the actionability of information.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

Freightos

APRIL 16, 2017

The Logistics Trend Behind The Latest Trend. Are You Up With The Trends? Rapidly emerging trends demand a flexible supply chain that can harness new technology and find new efficiencies. These trends have pushed innovation, and the need for new logistics technology up and down the supply chain. Contributed Article.

Trends 53

Trends Supply Chain Design Software Logistics Network Optimization Software Supply Chain Planning Software 53

GlobalTranz

FEBRUARY 27, 2018

Supply chain professionals must also know how they will be shipping freight. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.

Manufacturing Procurement 66

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 66

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. The tools listed below will help you navigate all these challenges to achieve the best rates possible without compromising speed or service.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Morai Logistics

FEBRUARY 28, 2019

Experts believe that through digital freight matching, transportation supply chains can open a new way of driving efficiency and visibility. Advancements in technology have created many opportunities for transportation supply chains to develop game changing digital tools. Digital Freight Matching.

Supply Chain Software 60

Supply Chain Software Logistics Network Optimization Software Supply Chains Digital 60

FreightWaves SONAR

APRIL 25, 2023

When operating minibids or short-term RFPs, or when pricing individual loads, it is important to understand the directional movement of freight trends in order to be proactive in your pricing strategy. New features are available in Market Dashboard+ that help users quickly identify trends and market movement.

Negotiating Skills 52

Negotiating Skills Price Reduction Supply Chain Planning Software Outbound 52

Shipping and Freight Resource

FEBRUARY 4, 2020

Digitisation, Digitalisation, Digital Transformation are some buzz words that have recently taken the shipping and freight industry by storm. Some examples and benefits of digitalisation in shipping are. Here is a real life example. For example, seafood products are best shipped at -20°C (-4°F) or lower.

Supply Chain Planning Software 98

Supply Chain Planning Software Freight Supply Chain Design Software Modeling Software 98

Freightos

JANUARY 4, 2018

The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. By Zvi Schreiber, CEO, Freightos.

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Planning Software Digital Supply Chain Software 54

Talking Logistics

APRIL 23, 2018

What are the challenges with the traditional freight matching process? Those are some of the questions I discussed with Prasad Gollapalli, Founder and CEO of Trucker Tools , in a recent episode of Talking Logistics. For example, you’re a broker calling a carrier. Smarter and More Efficient Freight Matching.

Supply Chain Planning Software 60

Supply Chain Planning Software Freight Logistics Network Optimization Software Supply Chain Software 60

FreightWaves SONAR

MARCH 5, 2021

The freight brokerage industry has traditionally focused its attention on the training and development of its customer sales staff. In a buy-sell brokerage, customer sales are incentivized to hunt and gather more freight, to bring in more revenue. Here are three examples for how to use this product in real-time.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

Blue Grace Logistics

APRIL 11, 2021

Grocers, for example, had to quickly implement new digital processes for customers to order and pickup orders. Accelerating trends in technology. The company also has been working on projects that will give its customers better visibility of shipments in its network and more self-service tools. For the full story, Click Here.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Logistics Network Optimization Software 62

Freightos

JANUARY 4, 2018

The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. By Zvi Schreiber, CEO, Freightos.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Planning Software Digital Supply Chain Software 48

Trinity Logistics

MAY 24, 2024

For example, some policies may dictate that the truck must travel within a specific radius only and cannot be left unattended unless in a secured lot. Further, with these scenarios, there is confusion concerning who takes or issues the theft report Should that be the shipper, the receiver, or the freight broker?

Cargo 77

Cargo Digital Sourcing Strategies Resource Reduction 77

GlobalTranz

AUGUST 18, 2016

As a result, you need to understand what distribution technology trends, as explained by Advantage Business Media and Lindsay Konzak of Modern Distribution Management , are being seen in today's distribution network and how they will impact future operations. Furthermore, this can be a tool of forging new relationships as well.

Supply Chain Planning Software 60

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 60

FreightWaves SONAR

FEBRUARY 16, 2021

Truck fleet management has always been intensely focused on knowledge of the freight market. And freight KPIs can serve as a valuable tool for freight market intelligence. Freight intelligence tools help management develop a more unified freight strategy. Streamline data capture and analysis.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

CH Robinson Logistics

DECEMBER 15, 2021

For example, while it may not be feasible to transport 100% of your freight via air, air freight continues to be the fastest way to replenish inventory, so prioritizing specific freight can help keep cargo moving. Additionally, the right technology tools can give you the visibility and predictability you need to adjust.

Sourcing Strategies 90

Sourcing Strategies Global logistics Cost Reduction Inventory Reduction 90

Logistics Viewpoints

OCTOBER 11, 2021

Mr. Wood believes there is a significant trend that is occurring with respect to the trade compliance department in companies. McKee from SAP agrees that many companies have moved past a narrow focus on following the law towards a major trend towards using GTC solutions for duty minimization.

Compliance 117

Compliance SAP Vendor Strategies Sourcing Strategies 117

Turvo

JANUARY 26, 2021

Supply chain data analytics can interconnect many different focus points and minimize risks by giving managers tools and insight into past trends, so they do not try to make choices for the future blindly. It provides the trends and data that can help them make informed choices about preparing for the coming quarter and the season.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 73

GoShip Blog

JANUARY 19, 2021

For example, it is important to stay updated with the latest NMFC changes , especially if you are shipping LTL freight, or keep an eye on the general rate increases of significant carriers like USPS, FedEx, and UPS. . Another trend that would hardly go unnoticed is the surge in digitalization. Kick start 2021 with GoShip.

Strategy 59

Strategy Tips Supply Chain Design Software Supply Chain Planning Software 59

GoShip Blog

DECEMBER 29, 2022

This is to help lower their freight costs and boost profitability. A perfect example is GoShip , a self-service freight marketplace that directly connects small to mid-sized businesses. With over 45,000 professional freight carriers, the platform offers instant quoting ( FTL or LTL freight quote.)

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

CLX Logistics

APRIL 26, 2019

For companies willing to embrace opportunities for improvement across the entire supply chain, here’s a look at the top transportation procurement and benchmarking trends. The good news is, shippers have more access to data than ever before, which brings us to trend number two. Taking an Integrated Approach to Transportation.

Optimal Sourcing 45

Optimal Sourcing Negotiating Skills Procurement Cost Reduction 45

SYSPRO Smarter ERP

NOVEMBER 30, 2021

labor, materials and warehousing, to IT, freight and safety. It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. More costly operations:? All of the above pressures culminate in rising operational costs – from ?labor,

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

Dedola Global Logistics

MAY 14, 2020

We provide the full range of cargo logistics, including import/export freight forwarding , warehousing and distribution, customs brokerage, and consolidation by air, sea, land, and rail. We make your business our business by taking the extra steps to ensure you have all the tools and information you require. Customers First.

Supply Chain Design Software 89

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 89

Talking Logistics

MAY 17, 2017

Now, because of the costs involved in transporting freight, companies have a tendency to focus their attention and capital around the actual movement of goods. As part of that negotiation there may be specific parameters – for example, the amount of time before delays trigger demurrage detention charges.

Negotiating Skills 61

Negotiating Skills Supply Chain Software Optimization Software Digital 61