FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

FreightWaves SONAR

DECEMBER 2, 2020

billion from 2020 to 2024. That growth is unsustainable with traditional strategies for managing loads and working with other trading partners. Why data for the sake of data fails to add value. The result – predictive, prescriptive strategies to freight brokerage success.

White Paper 59

White Paper Data Resource Reduction Freight 59

FreightWaves SONAR

NOVEMBER 24, 2020

Successful supply chain management depends on the ability to collect data and apply it accordingly. 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. And major companies have taken notice.

Data 90

Data Freight Supply Chain Software Inventory Reduction 90

Locus

MAY 25, 2022

Here are seven key strategies that they have used to make it happen. The American customer satisfaction index customer experience benchmarks for timeliness of delivery fell drastically from 82 in 2020 to 76 in 2022. – Customers’ wishes on last mile services from retailers 2020. Use data insights.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

FreightWaves SONAR

FEBRUARY 25, 2021

But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Here are a few things managers need to keep in mind when working with real-time freight data for pricing purposes. . Shippers may not track this data independently.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

FreightWaves SONAR

JANUARY 25, 2021

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. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

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. So, what are your competitors getting from modern data and analytics solutions that you’re missing out on? Ongoing Spend Analysis.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

SYSPRO Smarter ERP

NOVEMBER 1, 2021

2020 SYSPRO research showed tha t 60% of businesses were impacted by supply chain disruptions during the pandemic. Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. With the rise of digital transformation manufacturers can use ERP to implement their e-commerce strategies.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

FreightWaves SONAR

FEBRUARY 1, 2021

This struggle can finally come to an end through the use of modern analytics and data management. Using analytics and data-driven tools , carriers can find more loads and avoid consequential expenditures, such as empty miles. . Carrier profitability should always be a top concern, even during high demand periods like 2020.

Data 76

Data Price Reduction Cost Reduction Expense Reduction 76

AIMMS

FEBRUARY 3, 2020

2020 seemed a world away just a few years ago and yet, here we are. The Institute of Forest Management from the Technical University of Munich developed an AIMMS model that helps forest enterprises consider risks and strategies for carbon mitigation. This promises to be a very eventful year. Here are three trends to consider. .

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 133

FreightWaves SONAR

JANUARY 12, 2021

Going back to spring 2020, it’s easy to see where the problems began. However, peer, market and historical freight invoice data can help, and it’s essential to know why. Freight management parties still struggle with limited, outdated data. At the same time, data is not created equally. Raw data may sound universal.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

SYSPRO Smarter ERP

MARCH 7, 2022

The tumultuous trading climates of 2020 and 2021 have necessitated agility, and a need to spearhead strategic, innovative, and risk-based financial focus. On-premises to cloud data migration. The post Growth opportunities for the manufacturing CFO appeared first on SYSPRO Blog. SMART technologies. Business intelligence.

Survey 105

Survey ERP Digital Automation 105

GoShip Blog

JANUARY 19, 2020

Uncertain situations in the global economy make it complicated to predict whether the truck market will get stable, and what truckload shipping trends will be in 2020. Which truckload shipping trends will be big in 2020? The trend for more tech advancements in truckload shipping will be among the top trends for 2020.

Trends 52

Trends Price Reduction Cost Reduction Optimization Software 52

EazyStock

DECEMBER 14, 2020

Combining EazyStock with the strategy and processes of Brand Masters helps Brand Masters get ready for the next steps for future growth. Besides fewer manual activities and ‘looking for a needle in the haystack’, we realized how important master data and internal processes are to maximizing our ROI with the software.

Supply Chain Software 52

Supply Chain Software Automation Procurement Solutions Inventory Reduction 52

Shipchain

JUNE 25, 2019

We must embrace the possibilities of Big Data, the Internet of things, blockchain technology, predictive analytics, and the growing unrest that these things bring to the industry. The Internet of Things (IoT) serves as a mean for connecting systems together, and Big Data analytics give supply chain leaders insight into granular data.

Supply Chain Software 61

Supply Chain Software Supply Chains Digital Logistics Network Optimization Software 61

Blue Grace Logistics

SEPTEMBER 18, 2023

Streamlining and digitizing data and automating internal and external operations increases the efficiency of the whole industry. Streamlining and digitizing data and automating internal and external operations increases the efficiency of the whole industry. Automation and digitization are the first step towards digital transformation.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Supply Chains 62

Logistics at MPEPS at UPV

MAY 2, 2023

This blog post delves into the intricacies of logistics in small and medium-sized enterprises (SMEs) and startups, highlighting their unique challenges and opportunities. These often include unpredictable demand fluctuations, a scarcity of capital, and an absence of established supplier relationships (Blank & Dorf, 2020).

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

SYSPRO Smarter ERP

JANUARY 26, 2022

The tech innovations you can expect in 2022 will be a natural progression of digital transformation – the very processes that gained momentum at the start of the pandemic in early 2020. The business world has had little choice but to adapt to the new normal that called for more stringent business continuity and risk management strategies.

ERP 105

ERP Optimization Software Modeling Software Trends 105

SYSPRO Smarter ERP

OCTOBER 27, 2021

In 2018 a Forbes magazine published an article entitled “Every company is a data company” in which the authors urged all companies to use data as a core asset. That is now becoming a reality as businesses come to realize that data is the most significant asset they possess. Growth of IIoT. IIoT use cases.

Manufacturing Procurement 111

Manufacturing Procurement Sourcing Strategies Supply Chain Planning Software Optimal Sourcing 111

Blue Grace Logistics

JUNE 20, 2023

Expanding Business In A Slow Economy Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - June 20, 2023 Logistics Firms Forced to Adjust Post-COVID Dan Ronan, Sr. More recently, it has had to adjust its strategy.

Resource Reduction 98

Resource Reduction Supply Chain Software Case Study Conference 98

SYSPRO Smarter ERP

OCTOBER 4, 2021

A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic. According to 2021 G2 ERP Statistics 95% of businesses achieve major improvements after using ERP through reducing process times, increasing collaboration, and centralizing enterprise data.

Manufacturing Procurement 119

Manufacturing Procurement ERP Distribution Supply Chain Software 119

SYSPRO Smarter ERP

OCTOBER 6, 2021

Manufacturers thriving on data. As I explained in a previous blog , this is a business model where manufacturers have ongoing responsibility for the equipment after it is sold. The online technology we have all seen explode since 2020 can be applied to manufacturing ecosystems. Leveraging the data ocean. Digital factory.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Modeling Software 111

FreightWaves SONAR

JULY 24, 2023

As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. Measuring performance with transportation KPIs and freight data is getting easier. Transportation management depends on historical and real-time data. Think about this.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Blue Grace Logistics

AUGUST 3, 2022

Ratzki’s team of more than 50 domestic and international IT professionals use big data strategy, product innovation, and cyber-security protocols to scale the organization’s footprint in the trillion-dollar supply chain and logistics space. To read the entire blog visit BlueGrace Logistics.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Optimization Software Supply Chain Software Logistics 62

Blue Grace Logistics

FEBRUARY 21, 2022

Theft of computers, televisions, gaming consoles, and similar items rose 60% from the first quarter of 2021, and a distressing 92% since the second quarter of 2020. Instead, companies have to account for data breaches and malware. ” The good news is that shippers can deploy strategies and technologies to ward off crime. .

Cargo 62

Cargo Security Supply Chain Software RFID 62

CH Robinson Logistics

JULY 8, 2021

Having the right balance of shipping cost and performance to meet customer expectations while preserving margins requires a supply chain strategy that considers your company, markets, and customers. Developing the right strategy and executing it well has numerous benefits for both you and your customers.

Cost Reduction 62

Cost Reduction Sourcing Strategies Meeting Optimal Sourcing 62

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. . Using SONAR data in contract negotiations with carriers and 3PLs. . SONAR data can identify tight relationships such as U.S.-bound

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Logistics Viewpoints

DECEMBER 1, 2023

homes in 2022 than UPS, after eclipsing FedEx in 2020, and it is on track to widen the gap this year, according to internal Amazon data and people familiar with the matter. Amazon’s outsize growth combined with strategy shifts at FedEx and UPS have changed the balance. surpassing both UPS and FedEx in parcel volumes.

Supply Chain Planning Software 139

Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software Food and Agriculture 139

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. from 2020 to 2027.” It always goes back to using data as a best practice for all aspects of freight management. Download the White Paper.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

EazyStock

JANUARY 28, 2020

The time we save is now devoted to strategy and process and inventory management improvements. With our Microsoft Dynamics ERP, we automate parts of the logistics chain and we use Solid Works PDM to manage product and R&D data. The post Automation Hero January 2020 – Lily Zhang from INNOVATEST appeared first on EazyStock.

Automation 40

Automation Manufacturing Procurement Inventory Reduction Procurement Solutions 40

GlobalTranz

APRIL 13, 2021

Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Preparing your supply chain for resiliency begins with risk management and a proactive strategy. The average cost of a data breach reached $3.86 It’s not enough to have a Plan B, just in case.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 82

FreightWaves SONAR

DECEMBER 22, 2020

With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. A confident, data-driven trucking RFP undertaking can make a big difference in freight spend.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105

Freightos

MARCH 23, 2023

There were plenty of freight insights to take in over three days of sessions, meetings and conversations with carriers, forwarders and BCOs, but far too many to include all of them in a blog post that anyone might make it to the end of. So, here are some of the highlights. What just happened???

Price Reduction 62

Price Reduction Inventory Reduction Industry Cost Reduction 62

FreightWaves SONAR

FEBRUARY 18, 2021

Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. And it’s critical to know how carriers can tap data and analytics technology to boost driver morale and attract more talent. . So, companies are working on retaining the workers they already have.”

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

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

GlobalTranz

NOVEMBER 17, 2021

This is not the usual peak season, and it started much earlier than in 2020. That changed in early-to-mid 2020 when peak surcharges went into effect to accommodate the e-commerce surge and higher freight volumes. Leverage technology and data to optimize transportation across all activities. Higher freight volumes.

Cost Reduction 93

Cost Reduction Supply Chain Planning Software Supply Chain Software Inventory Reduction 93