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Advancing Transportation Procurement: The Shift From Spreadsheets to Software

FreightWaves SONAR

Traditionally, shipping companies have relied on manual tools and processes, predominantly managing their requests for proposals (RFPs) and bids using simple spreadsheets. This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis.

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What Is Supply Chain Predictive Analytics & Why Should Freight Pros Care

FreightWaves SONAR

Some of the most cost-effective software and methods supply chain professionals and the best freight brokers can adopt are supply chain predictive analytics programs. While still relatively new to the supply chain, analytics implementations have skyrocketed in popularity since its birth a little over 10 years ago.

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Navigating the Freight Downturn with Kevin Coomes

The Logistics of Logistics

Kevin is the Vice President of Sales at Greenscreens.ai , a technology that provides predictive pricing recommendations for maximum broker margins. His expertise extends across a diverse range of industries, including healthcare, energy efficiency, logistics, and technology applications. Greenscreens.ai Greenscreens.ai Greenscreens.ai

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Why Digital Transformation Is Fundamental To A Resilient Supply Chain

Blue Grace Logistics

Logistics stakeholders are continuing to digitalize operations—and supply chains—through new technologies that meet customer expectations and keep up with global trade challenges. Companies were forced to adapt quickly to a volatile market and supply chain disruptions throughout the pandemic.

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TEST Shipping Data: How Machine Learning, AI, Automation & Chatbots Create Hyper Efficiency

RPA Labs

Robotic process automation (RPA) leverages innovative software tools that can either partially or fully automate human activities to become more efficient and productive. Smart technology based on machine learning and AI chatbots are beneficial for several critical systems and functions within the supply chain.

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What is transportation rate forecasting and why do I need real-time data to forecast accurately

FreightWaves SONAR

And that helps to create entirely new ways of viewing the supply chain to proactively hedge risk. . Understanding why rate forecasting is so vital and how accurate data and analysis can help improve predictions are essential. Lower profits mean less revenue for paychecks, upgrades and technology.

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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.