FreightWaves SONAR

JUNE 3, 2021

SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. Request a SONAR Demo. Request a SONAR SCI Demo. Source: SONAR). Source: SONAR).

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

Freightos

JANUARY 15, 2024

It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supply chain. This is a significant shift from late 2021, when 93% faced serious disruptions. In other words, this is a far cry from 2021 and its dramatic capacity shortage.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

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

CH Robinson Logistics

APRIL 29, 2021

By pulling in data and status updates from your third-party vendors and suppliers—plus weather, traffic, and geopolitical monitoring sources—our platform provides real-time visibility and insights to inventory at-rest or in-motion so you can deliver on promises to customers. Turn data into actionable insights.

Gartner 62

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FreightWaves SONAR

JANUARY 28, 2021

As 2021 begins, new growth and adjustments need freight managers’ attention to start the recovery process. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Data will ensure smooth operations and successful executions at every point along the supply chain.

Waste Reduction 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

FreightWaves SONAR

JUNE 28, 2021

But, market forces have put the brakes on the continuous improvement in the market (from the perspective of the carriers) and the latest housing-related data points are off their recent highs, as are most flatbed-related data points. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 52

White Paper Demo Data Maritime 52

FreightWaves SONAR

JANUARY 19, 2021

And to survive 2021, freight management parties need to know a few things about the value of shipping lane acuity and how SONAR makes insight into possible. Insight into shipping lane acuity empowers freight management parties with real-time freight data that’s actionable, insightful and valuable. Request a SONAR Demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Sourcing Strategies Expense Reduction Scenario Planning 98

FreightWaves SONAR

FEBRUARY 11, 2021

Tasks such as annual freight rate discussions and contract bids are more productive and accurate. Additionally, freight market participants find themselves better prepared to enter rate discussions, especially once they are armed with the data from these performance benchmarks. Request a FreightWaves SONAR demo to get started.

Procurement Analytics 98

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FreightWaves SONAR

MARCH 18, 2021

For instance, the image shows a wait time of 135 minutes on February 21, 2021, one week following Winter Storm Uri. However, the current wait of 99 minutes on March 7, 2021 is significantly lower than the wait time observed in recent years. Request a SONAR SCI Lane Acuity demo to get started or click the button below.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

FreightWaves SONAR

NOVEMBER 9, 2020

This week, learn how freight market participants, especially trucking carriers , rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations and the freight market at large. What are the ULSDR data and FUELS indices?

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

FreightWaves SONAR

FEBRUARY 24, 2021

Normally, spot rates in this lane fall to their lowest points of the year in the winter months of January and February, but that has not been the case so far in 2021. . Gains in rates were mostly erased in the next year. Reshoring — moving production to another country — is another long-term result of the current environment.

Price Reduction 92

Price Reduction Cost Reduction Sourcing Strategies Demo 92

FreightWaves SONAR

APRIL 7, 2021

USA, VOTRI.USA, TSTOPVRPM.USA Truckload carriers have continued to struggle to provide consistent coverage through the first quarter of 2021, and in return costs have increased. There are many factors to consider, but regardless, the primary goal is to know how to capture data, apply it, and stay strategic with your contracts.

Negotiating Skills 98

Negotiating Skills Compliance Cost Reduction Trucking 98

FreightWaves SONAR

AUGUST 13, 2021

Truck production tends to be easier to get data on (there are only four major Class 8 OEMs in North America) and they regularly publish data. To understand the number of drivers in the market, we need to track truck driver employment data and the number of owner-operators in the market. Request a SONAR Demo.

Manufacturing Procurement 98

Manufacturing Procurement Trucking Purchasing Skills Ordering 98

Locus

MAY 25, 2022

Customers will immediately search for the product elsewhere if offered similar timelines today. While shopping at stores, customers would like to feel, touch, and smell the products they buy. It gives them an experience of the product before purchasing. 2021, Statista. 2021, Statista. Use data insights.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

Locus

JUNE 16, 2023

Reverse logistics costs: Returns and product replacements significantly impact operational costs. When a consumer decides to replace a product, logistics companies bear the costs of both reverse logistics and re-delivery, placing further strain on last-mile logistics costs.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

FreightWaves SONAR

MARCH 5, 2021

[Should] you just figure out if it should be 5% or 6% [without data]?” This will be key in 2021. Unlike other tools in the market, the Lane Signal considers an abundance of data from multiple sources, not just dirty data that flows through one system like other industry tools. SONAR is near-real-time data.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

Blue Grace Logistics

JUNE 22, 2021

Port data from the Yantian show that container dwell times have increased from an average of around a day or two to over two weeks now. Port congestion in the San Pedro Bay (home to both the ports) had over 30 vessels anchored off the coast awaiting space at the terminal, all through the first quarter of 2021. Request a BlueShip Demo.

Capacity 63

Capacity Freight Supply Chain Software Manufacturing Procurement 63

Logistics Business Magazine

JANUARY 19, 2022

With its proprietary Data Control Center (DCC), NIC-place provides carriers a flexible and secure way to share supply chain data with customers. At the same time carriers keep complete control of their business, their network and their data. NIC-place’s advanced capabilities: Data privacy and security.

Supply Chain Design Software 56

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 56

Locus

MARCH 30, 2022

India’s eHealth Market Opportunity Report, 2021. As they all sell homogeneous products, the e-pharma market remains highly competitive. – India’s eHealth Market Opportunity Report, 2021. The e-pharmacy market is expected to reach $4.2 billion by 2025 with a CAGR of 43.1%. India’s e-health market is projected to reach $10.6

Supply Chain Software 52

Supply Chain Software Automation Digital Supply Chain Planning Software 52

Locus

SEPTEMBER 27, 2022

The IDC Digital payments report of 2021 stated that the SEA region had more than 222 million e-commerce users and is expected to grow to around 411 million users by 2025, an 85% growth rate in e-commerce for this region in the next three to four years. Quick access to data insights: The need of the hour. Schedule a Demo.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Modeling Software Optimization Software 52

EazyStock

MAY 11, 2021

ABC classification (or ABC analysis) is used by inventory management teams to help identify the most important products in their portfolio and ensure they prioritize managing them above those less valuable. Category B: will generally be slightly larger in terms of volumes of SKUs and will usually be made up of products of less value.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

EazyStock

MARCH 9, 2021

ABC inventory analysis is important as it helps managers focus their time on their most valuable/important products and adapt their inventory control policies accordingly. One way to differentiate products based on their value is to segment them into categories (A, B, and C). The Three Classifications used in ABC Inventory Analysis.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

Logistics Business Magazine

MARCH 30, 2022

However, the company wanted to go a step further and look for tools able to provide objective data and values. Distance and time zone were not a problem for the teams, who shared information, demos, results and questions through online meetings on a weekly basis from November 2021 to March 2022.

Packaging 58

Packaging Supply Chain Software Material Savings Logistics Network Optimization Software 58

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 also hope you’re paying close attention to the data coming in because this will become your baseline for many BFCM seasons to come. What were your best-selling products? Did you run out of inventory?

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

FreightWaves SONAR

DECEMBER 4, 2020

While logging into a shipping data analytics engine like FreightWaves SONAR is an excellent way to keep tabs on the market, there’s another opportunity to stay in the know without being tied to a desk. Great Quarter, Guys covers the state of freight from a data driven research powered approach. Request a SONAR Demo.

Freight 105

Freight Logistics Network Optimization Software Supply Chain Software After-sales 105

Locus

DECEMBER 23, 2022

According to a study, 69% of shoppers would switch loyalty if the product they ordered didn’t reach them within two days from the assured date. In 2021, retail e-commerce holiday season sales in the United States amounted to about 213 billion US dollars. Lack of insights : Data is crucial to understand your customers.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimization Software Supply Chain Software 52

Ship Monk

NOVEMBER 14, 2022

vs. 2021 , supply chain and freight issues have resulted in numerous inventory challenges, costs have been challenging to predict, and we have entered (and exited) a technical recession whose reach and effects are still to be fully determined. 2 Analyze Your Past Data and Compare It to Current Trends. Slice of cake. Fruitcake. #2

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Blue Grace Logistics

DECEMBER 18, 2018

According to reports, the connected logistics market is set to grow at a CAGR of 30-35 percent by the year 2021. Integrated, Digital, IoT, Smart Logistics, Automation, and Big Data are some of the words and phrases that we’ve come to associate with logistics. It is expected to change the entire landscape of the global supply chain.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimization Software 48

RPA Labs

AUGUST 12, 2021

Supply chain professionals can leverage automation to respond to incoming emails, incorporate email data into an existing TMS, and keep everyone on the same page. Fewer delays and dead haul miles mean greater levels of productivity. Request a demo with RPA Labs today to see logistics process automation in action.

Supply Chain Software 40

Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Design 40

RPA Labs

AUGUST 12, 2021

Supply chain professionals can leverage automation to respond to incoming emails, incorporate email data into an existing TMS, and keep everyone on the same page. Fewer delays and dead haul miles mean greater levels of productivity. Request a demo with RPA Labs today to see logistics process automation in action.

Supply Chain Software 40

Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Design 40

Talking Logistics

DECEMBER 1, 2017

Shipping firm Clarksons braces for data leak after refusing to pay hacker (The Guardian). Underscoring the competitive landscape, Uber said last week it planned to buy up to 24,000 self-driving cars from Volvo, owned by China’s Geely Automobile Holdings Ltd, in a nonexclusive deal from 2019 to 2021. No financial details were disclosed.

Supply Chain Planning Software 0

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Supply Chain Software 0

The Logistics of Logistics

FEBRUARY 11, 2022

For the most part, the retail market for fresh foods thrived throughout the pandemic, according to the Supermarket News 2021 Fresh Foods Trends Report. Today’s grocers are capturing copious amounts of transactional data in interactions with customers both online and offline. The State of Fresh Grocery & Supermarket Supply Chai n.

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Supply Chain Planning Software Supply Chain Software Supply Chains eBook 195

Locus

OCTOBER 16, 2022

In 2020, the total returns in the US accounted for $428 billion in lost sales, which was a whopping $761 billion in 2021. There was a 178% jump in merchandise returned between 2020 and 2021. The total returns in terms of lost sales in 2021 were larger than the US federal government’s national defense spending in 2020.

Reverse logistics 52

Reverse logistics Optimal Sourcing Sourcing Strategies Logistics Network Optimization Software 52

Locus

JULY 28, 2022

This post explains how a delivery management system contributes to your workforce productivity and leads to last-mile excellence. Over half of consumers in September 2021 were at least somewhat concerned about shipping delays in the United States. consumers in 2021. The answer lies with a delivery management system.

Optimization Software 52

Optimization Software Modeling Software Definition Logistics Network Optimization Software 52

Locus

SEPTEMBER 13, 2022

Another primary factor determining the decision to opt for an owned or outsourced fleet is the safety and regulatory requirements, particularly for products like alcohol, pharmacy, and cannabis deliveries , and those involved in white glove shipping. Data security. Try a demo with Locus now! Schedule Demo.

Outsourcing 52

Outsourcing Optimization Software Purchasing Skills Optimization Modeling 52

Locus

APRIL 5, 2022

– B2B E-commerce Report, 2021, Statista. Its shipment movement data helps businesses spot the inaccuracies or errors in order fulfillment and rectify them. The demand for alcohol products peaks during holidays. Example: A B2B e-commerce business supplies medical products to hospitals, medical rehab centers and drug stores.

Digital 52

Digital Supply Chain Planning Software Optimization Software Supply Chain Software 52

Locus

JUNE 23, 2022

Omnichannel retailing is a business model where retailers sell products through multiple channels in a unified way. For instance, Robert buys a product from a retail outlet. According to a study released in 2021, five of the top nine factors driving customer value in U.S. Schedule Demo.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Modeling Software Optimization Software How To 52