FreightWaves SONAR

FEBRUARY 25, 2021

This also makes it easier to see capacity constraints or other available options that represent the most beneficial and profitable moves within the network. Improved predictive analysis and projection with logistics automation data and insights. Logistics automation and real-time data analysis make this kind of insight possible.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

FreightWaves SONAR

SEPTEMBER 29, 2023

For example, as seen in scenario A1, the global unconstrained demand for air cargo will fall by 14% of pre-crisis volumes in the second quarter of 2020 and will not rebound to 2019 levels until around mid-2022.” When planning for the future, industry players should thus use insights from commodity-based modeling.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

FreightWaves SONAR

MARCH 15, 2021

That combines to help enterprises define and assess their ranking among peers by avoiding dairy to automotive comparison as an example, identify issues within existing bids, recognize the contributing factors affecting lane stability, apply seasonality and accessorials. Sign up for a demo here or by clicking the button below.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

NOVEMBER 16, 2020

In this article, you learn what are the various reefer freight data indices available in SONAR, who in the freight market relies on these indices, what the indices tell freight market participants, and real-world scenario analysis of using SONAR refrigerated shipping indices to better understand the freight market. RHAUL.ATL = 50.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. These could be quantitative methods such as exponential smoothing, regression analysis or econometric forecasting. Losing multiple customers will significantly impact revenue.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. These could be quantitative methods such as exponential smoothing, regression analysis or econometric forecasting. Losing multiple customers will significantly impact revenue.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

JULY 13, 2020

How to keep stock investment as low as possible without a negative impact on service levels (stock availability) and customer satisfaction. You can then prioritize these items over others; for example, checking demand, stock levels and reviewing lead times more frequently to help ensure availability at all times.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Inventory Optimization Software 52

EazyStock

DECEMBER 13, 2021

Since the COVID-19 pandemic took hold, businesses across the globe have faced stock availability challenges. However, there are steps you can take to improve your inventory management processes and be better prepared to prevent regular stock availability crises in your business. The Current Causes of Stockouts.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

FreightWaves SONAR

FEBRUARY 5, 2021

For example, trades that are made through the Robinhood app are executed by hedge funds like Citadel. Another example is a carrier that pushes rate increases on shippers when the market doesn’t support that action, and vice versa, when large shippers push rate decreases on carriers when the market doesn’t support that action.

Trucking 98

Trucking Negotiating Skills Logistics Network Optimization Software Data 98

Conger

JULY 22, 2021

For example, these systems can handle tasks ranging from: Receiving goods. For example, a Shopify storefront is an eCommerce platform. A Shopify storefront is an example of an eCommerce platform. Take our Shopify example again. One of the best ways to determine this is to request a demo from the vendor.

Supply Chain Design Software 52

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

FreightWaves SONAR

JUNE 10, 2021

In the example above, El Paso has the lowest score, meaning that specific market is showing the most unfavorable or deteriorating capacity conditions in the country. In the example above, the El Paso market has increasing outbound tender volumes, decreasing inbound tender volumes, and sharply increasing outbound rejection rates.

Trends 52

Trends Capacity Outbound Inbound 52

RPA Labs

AUGUST 19, 2021

How RPA Enables Freight Document Management and Improves Data Collection, Analysis, and Application. This serves as a striking example of how freight document management systems and improved data collection, analysis, and application can improve every step of domestic and international shipments.

Document 40

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

RPA Labs

AUGUST 19, 2021

How RPA Enables Freight Document Management and Improves Data Collection, Analysis, and Application. This serves as a striking example of how freight document management systems and improved data collection, analysis, and application can improve every step of domestic and international shipments.

Document 40

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

EazyStock

MARCH 4, 2021

The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. Here are six inventory optimization strategies to improve inventory turnover without damaging stock availability: Know your inventory items’ position in their product life cycle. Reorder smarter.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

EazyStock

FEBRUARY 17, 2021

A simple way to do this is to use a basic ABC analysis model to divide inventory into: A items – typically sell well and are profitable to the business. Business then typically focus their resources to ensure tighter control over A items for optimal availability, while then considering B items and then C items.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

FreightWaves SONAR

DECEMBER 29, 2020

Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. As an example, the increased port activity will eventually translate into added trucking demands for nearby markets. Click the button below to request a FreightWaves SONAR demo today. Request a SONAR Demo.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

EazyStock

FEBRUARY 7, 2020

Increased stock levels to ensure stock availability. For example, some will be at the growth stage with either positive demand or ‘fast’ demand e.g. selling a steady volume. EazyStock factors in supply and demand variables and dynamically adjusts inventory levels to ensure stock availability while optimizing turnover.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

RPA Labs

MAY 19, 2022

Overall & Analysis. What this tells us about the forms that are available on freight forwarder websites is that they are not dynamic and require customer service support to manually gather and verify the information from shippers. Request a demo with RPA Labs to get started.

Freight forwarding 52

Freight forwarding Supply Chain Software Freight Supply Chain Design Software 52

FreightWaves SONAR

NOVEMBER 9, 2020

This data is also available on the regional level set by airport code. For example, ULSDR.CHI shows the average wholesale price of diesel in the Chicago market while ULSDR.USA shows the average wholesale price of diesel nationally. It can be found for all areas where both sets of data are available. It is in $/gallon.

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

EazyStock

APRIL 18, 2023

For example, warehouse costs, insurance and financing. One way to do this is with ABC/XYZ analysis. As demand falls, businesses need to reduce production or orders, which could mean the same for suppliers further down the supply chain. Higher costs of storage. Summary Inflation will always impact businesses, regardless of size.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

FreightWaves SONAR

APRIL 29, 2021

Reduced labor availability and labor inflation. . Other retailers may not be able to provide the extension-of-your-thoughts delivery in one hour that Amazon can, but with sufficient investment they can likely provide delivery or store pickup on specialized goods in a way that is more convenient than what was available before. .

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. In general, start with the method that offers the best use of available data. The amount of data available usually depends on the maturity of the product.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84

EazyStock

AUGUST 9, 2022

As different distribution software solutions are available, we explain some of the most commonly used by distribution and wholesale operations. It helps them establish supplier capability to deliver on lead times, ensuring product availability to keep end customers happy. Distribution software solution types and capabilities.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

Blue Grace Logistics

JUNE 21, 2018

Transportation Management Workflow may be defined as a supply chain workflow that connects and links the various parties involved along the chain from, for example, the seller’s warehouse to the buyer’s warehouse. One needs to do extensive and thorough data analysis of all current costs within the transportation and logistics silos.

Cost Reduction 50

Cost Reduction Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 50

FreightWaves SONAR

APRIL 27, 2021

For example, Shipper X (an aggregation of two household-name CPG companies) uses intermodal for ~90% of its dry loads in a number of dense long-haul lanes. That’s not to say that intermodal conversion opportunities are no longer available, just that the largest CPG companies haven’t been sleeping on this.

Picking 52

Picking Purchasing Skills Sourcing Strategies Outbound 52

Transporeon

MARCH 22, 2018

However, the more information you request within an RFQ, the more complex the analysis of the results will turn out. In the example, the lanes 1 and 2 would be 100% awarded to "Carrier B." In our simple example, this step could have been done manually. " Lanes 3, 4 and 5 would be 100% awarded to "Carrier A."

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Purchasing Skills Negotiate Pricing 48

GlobalTranz

FEBRUARY 24, 2015

Cutting costs is not always easy, but because transportation spending comprises several dimensions, many opportunities are available to control that spend. What Kind of Reports Can I Create with My Transportation Data for Analysis? Last year we put out a white paper which contains all the transportation data points you can track.

Data 94

Data Transportation Cost Reduction Material Savings 94