FreightWaves SONAR

DECEMBER 11, 2020

Watch the episode below: What makes SONAR’s Lane Scorecard app unique from bulk lane rate tools on the market is its proprietary SONAR lane scoring, SONAR predictive rates and its spark graphs that allow a user to more easily see past and forecast trends. Finally, a special guest joined Falasca and Taylor. It has been recognized by Inc.,

Video 98

Video Freight Resource Reduction Demo 98

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. In March, we wrote about many of the issues impacting chemical bidding and benchmarking carrier rates in 2021. Ongoing Spend Analysis.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0 This technology enables organizations to analyze and generate accurate schedules that take resources and constraints into account, including people, machines, tooling, and materials.

Manufacturing Procurement 110

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EazyStock

MAY 11, 2021

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC classification (otherwise known as ABC analysis ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

FreightWaves SONAR

JANUARY 25, 2021

Even when processed with advanced business intelligence tools, inaccurate data will do more harm than not having access to any data at all. . The best and only successful way to overcome flawed data analysis is to use effective technology. Within the freight load management area of the network, data is essential.

Price Reduction 86

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Logistics Viewpoints

DECEMBER 1, 2022

Near the end of 2021, I had the chance to make the early call on Logistics Viewpoints on what 2022 would look like across five major logistics themes. Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023.

Cost Reduction 119

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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. View SONAR SCI - A Contract RFP Tool. Or simply click the button below.

Optimization Software 105

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FreightWaves SONAR

MARCH 18, 2021

Managing the manufacturing supply chain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. For instance, the image shows a wait time of 135 minutes on February 21, 2021, one week following Winter Storm Uri.

Manufacturing Procurement 91

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FreightWaves SONAR

FEBRUARY 23, 2021

This presents a huge challenge for enterprise shippers who have not embraced modern technology and freight tools. Since the beginning of 2021, maritime shipping lines will need to refocus on safety compliance. Unfortunately, ocean shipments data is rarely easily accessible or available for analysis by enterprise shippers.

Maritime 84

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SYSPRO Smarter ERP

NOVEMBER 8, 2021

In 2021 we find governments and organizations now grappling with these predictions and how best to deal with the outcomes of these predictions. Suez Canal blockage 2021. Without a thorough analysis of the supply chain and the consumption models, the business may still find itself running out of critical inventory.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

FreightWaves SONAR

JULY 10, 2023

According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022. Big-box retailers like Best Buy, Walmart Inc. and Target Corp.

Data 52

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Locus

JULY 28, 2022

A delivery management software is a tech tool that automates, streamlines and digitalizes the end-to-end last-mile logistics processes. Over half of consumers in September 2021 were at least somewhat concerned about shipping delays in the United States. consumers in 2021. A quarter of the total respondents were very concerned.

Optimization Software 52

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Ship Monk

DECEMBER 15, 2023

year over year, but that is a steep slowdown from Black Friday 2022 when YoY sales showed 12% growth over Black Friday 2021. We’ve covered ecommerce KPIs in detail in recent blogs, and no doubt you already know whether you’ve hit your BFCM numbers. Perhaps this will be the year to invest in more powerful data analytics tools.

Purchasing Skills 64

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Locus

DECEMBER 7, 2021

– Lloyd’s Report, 2021. It allows them to perform sensitivity analysis, which in turn, helps them plan in advance for any such disruptions. This tool enables them to build a supply chain network design that incorporates business needs, customer demand and constraints. That’s about 7% of all seaborne oil. Conclusion.

Optimal Sourcing 52

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Logistics Bureau

OCTOBER 20, 2021

“Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. Use weekly, monthly, and year-on-year data for your analysis. This approach will help to save you from paralysis by analysis. Bringing Suppliers on Board.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

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. Instantaneous analysis. Consistent data collection.

Supply Chain Planning Software 52

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EazyStock

FEBRUARY 1, 2021

Inventory classification models such as ABC inventory analysis allow you to group products based on their value to your business and turnover rate (how often they are picked). First published on Nov 2017, updated Feb 2021. The final part of the jigsaw is knowing what products to hold in the warehouse.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52