FreightWaves SONAR

FEBRUARY 4, 2021

Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. Where a supply chain is weak, analysis and advisory teams can fill in the gaps – seeing the correlations between data points and real-time load operations and profits highlights potential problem areas.

Waste Reduction 98

Waste Reduction Data Expense Reduction Cost Reduction 98

FreightWaves SONAR

APRIL 8, 2021

Data represents an integral part of daily life for most people, and it is no different within the transportation industry. That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too.

Optimization Software 98

Optimization Software Optimization Data Supply Chain Planning Software 98

FreightWaves SONAR

MARCH 9, 2021

Data for data’s sake lacks value, especially in the view of the supply chain. And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

FreightWaves SONAR

DECEMBER 15, 2020

A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

FreightWaves SONAR

APRIL 12, 2021

Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes. Data access to see savings compared to truckload and other shipping methods. Data accuracy can and does impact freight transportation in a significant way.

Availability 98

Availability Data Supply Chain Planning Software Freight 98

FreightWaves SONAR

MARCH 18, 2021

As further explained by Deloitte , “business cases show how new technologies – from smart sensors to advanced data analytics to cognitive computing – are transforming traditional linear supply chains into connected, intelligent, scalable, and customizable digital supply networks to help reduce costs and drive sustainable growth.”

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Data 98

FreightWaves SONAR

MARCH 11, 2021

Global trade data and shipping demand management are not just things that high-tech companies and international investors need to worry about. This focus makes proper use of global trade data and analytics so vital for continued recovery and growth throughout the supply chain network. Download the White Paper.

Data 98

Data Supply Chain Planning Software Supply Chain Software Expense Reduction 98

FreightWaves SONAR

MARCH 9, 2021

H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. Global retailers use data to understand lead time Successful supply chain operation at any stage hangs on the ability to stay on top of shipping and transport logistics. Download the White Paper.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

FreightWaves SONAR

FEBRUARY 9, 2021

Freight and trucking data makes for an excellent resource for shippers and logistic service providers (LSPs) alike. The data obtained from historical and contract load tender information creates a valuable tool – a trucking rate predictor. And it’s important to know why tendered, non-paid data can add so much weight.

Data 59

Data Supply Chain Design Software Trucking Logistics Network Optimization Software 59

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

FreightWaves SONAR

MARCH 15, 2021

The problem looms large for shippers and managers across the supply chain network, but the answer is out there – better utilization of smart data and automated processes. Poor data analytics cause disruptions. The inability to properly review data and make educated predictions can exacerbate unplanned disruptions and errors.

Optimal Sourcing 72

Optimal Sourcing Procurement Negotiating Skills Data 72

FreightWaves SONAR

JANUARY 5, 2021

And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Download the White Paper. Of course, it is also critical to apply data across all activities to identify which loads are ripe for the taking.

Data 88

Data Price Reduction Freight Resource Reduction 88

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

NOVEMBER 17, 2020

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . It’s not solely about knowing basic rates – it’s about using freight data to make the best decisions for all loads – playing both the buy-side and sell-side aspects of freight brokering.

Data 52

Data Sourcing Strategies Transportation Freight 52

FreightWaves SONAR

JANUARY 11, 2021

And the transportation and shipping industry has a choice to make – to take advantage of trucking data or to ignore it, continuing as before. . Access to data and proper analysis are both essential to maximize profits and reduce costs. Real-time trucking data helps to secure more capacity and better shipping rates.

Data 59

Data Capacity Optimal Sourcing Trucking 59

FreightWaves SONAR

JANUARY 28, 2021

Enterprise shippers are looking for ways to capture and analyze more data Making the most of available technology has always been critical for fine-tuning a supply chain. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. Download the White Paper.

Waste Reduction 106

Waste Reduction Resource Reduction Price Reduction Cost Reduction 106

FreightWaves SONAR

FEBRUARY 16, 2021

By using strong management and analysis processes, supply chains can maximize value and stay competitive. Streamline data capture and analysis. Failure to use data and apply it accordingly within the fleet will lead to problems securing loads, offering competitive freight rates , and keeping drivers in trucks.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

FreightWaves SONAR

FEBRUARY 4, 2021

As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supply chains. Download the White Paper. Leverage freight data analytics to simplify logistics management.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

FreightWaves SONAR

DECEMBER 29, 2020

However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. Download the White Paper. That is simply unacceptable.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

FreightWaves SONAR

DECEMBER 22, 2020

Relying solely on manual shipping data analysis continues to yield poor results. The old ways of recording, processing and responding to analytical data need a streamlined approach. Download the White Paper. With accurate data and automation, enterprises can stay ahead of the curve.

Logistics Network Optimization Software 105

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 105

FreightWaves SONAR

FEBRUARY 25, 2021

It always goes back to using data as a best practice for all aspects of freight management. Download the White Paper. Logistics automation continues to benefit from the increased viability of advanced analytics Data analytics provide a wide range of benefits for shippers that can properly harness logistics automation.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

FreightWaves SONAR

DECEMBER 14, 2020

And the ability to apply data for meaningful insights is essential. Many enterprises have built unique real-time freight data indices. And it’s time to redefine the freight rate index with tendered, real-time FreightWaves SONAR data. A freight index is a calculation based on industry freight data.

Freight 64

Freight Supply Chain Software Logistics Network Optimization Software White Paper 64

FreightWaves SONAR

FEBRUARY 22, 2021

Smart and practical trucking data is critical for the modern supply chain network. Download the White Paper. This gets easier to accomplish with tailored benchmark data analysis. . For instance, benchmarking truckload services offers the unique opportunity to use data and analysis intelligently.

Price Reduction 75

Price Reduction Supply Chain Planning Software Waste Reduction Cost Reduction 75

FreightWaves SONAR

MARCH 4, 2021

That’s where data analytics comes in.” Gaining in-depth insights and current data about the supply chain, load statuses, and consumer demands can make it easier for enterprise sippers to adjust and plan. Thus, modern advances in data collection and analytics have made it significantly easier to automate this process.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

FreightWaves SONAR

FEBRUARY 16, 2021

Download the White Paper. Predictive rate analysis and implementation across the supply chain Utilizing real-time data and automated analysis provides valuable information to the network. Streamlined reporting and data sharing among all parties Access to data and easy options for sharing information is essential.

Supply Chain Software 59

Supply Chain Software Supply Chains Resource Reduction Expense Reduction 59

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. . Download the White Paper. Request a SONAR Demo.

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

FreightWaves SONAR

DECEMBER 10, 2020

Freight management teams spend many resources responding to delays, issues, customer needs, data and marketing trends and shifting conditions with supply and demand. Using historical data, freight managers can identify when more inventory, human resources, trucks and revenue may be needed. Download the White Paper.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Freight Resource Reduction 52

FreightWaves SONAR

FEBRUARY 23, 2021

However, it has no immunity to rising costs and fees, changes in taxes, mobile data expenses, and penalties. Download the White Paper. The solution: Recognizing market trends as they occur in real-time is easier with access to actionable, insightful data. Request a SONAR Demo. It’s a relatively simple concept.

Maritime 84

Maritime Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 84

FreightWaves SONAR

JANUARY 26, 2021

Freight load balancing means capturing the data needed to make proactive decisions regarding where to send trucks, which moves have the strongest profitability opportunities, and when to reject a tender based on that data. Download the White Paper. Tips for applying data to balance freight load pressures on the network.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

FreightWaves SONAR

FEBRUARY 11, 2021

Download the White Paper. Throughout the years to come, accurate data analysis will remain essential for effective truckload shipping. Request a FreightWaves SONAR demo by clicking the button below to get started. Request a SONAR Demo. Top KPIs to track going forward include: Number of overall shipments.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

FreightWaves SONAR

DECEMBER 10, 2020

According to Supply Chain Dive , “The number of supply chain professionals who say they’re currently using predictive analytics at their company has grown 76% from 2017 to 2019, according to a Supply Chain Dive analysis of the annual MHI Industry Report.” Download the White Paper. Plan, replan and plan again.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 95

FreightWaves SONAR

FEBRUARY 25, 2021

It always goes back to using data as a best practice for all aspects of freight management. Download the White Paper. Logistics automation continues to benefit from the increased viability of advanced analytics Data analytics provide a wide range of benefits for shippers that can properly harness logistics automation.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

FreightWaves SONAR

DECEMBER 22, 2020

A confident, data-driven trucking RFP undertaking can make a big difference in freight spend. It’s because enterprise shippers are turning to new intelligence tools, such as SONAR SCI , to conduct a freight spend analysis to maximize contract freight use and allocation. Download the White Paper. Request a SONAR Demo.

Optimization Software 106

Optimization Software Optimization Tips Price Reduction 106

FreightWaves SONAR

DECEMBER 3, 2020

Collaboration means parties must share data in real-time. Improved planning through wait time analysis benefits all parties. Download the White Paper. They sort through prior quotes, invoices and shipment data to check invoice accuracy. Put the right shipping analytics tools to work with freight data resources.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

FreightWaves SONAR

MARCH 18, 2021

So, it’s equally valuable to know the constraints and to apply data to overcome them with mini-bids. Download the White Paper. Insight into market stability promotes increased transportation procurement and intervention when necessary Insight into the manufacturing supply chain market depends on lane-level analysis and response.

Manufacturing Procurement 91

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

FreightWaves SONAR

DECEMBER 17, 2020

Therefore, paying attention to data and building actionable metrics are critical to freight forecasting during COVID-19 and through the next disruption. The freight and transportation industry relies on applying data and information in a practical and timely manner. Connect your operation with near real-time data.

Tips 52

Tips Logistics Network Optimization Software Supply Chain Software Logistics 52

FreightWaves SONAR

FEBRUARY 2, 2021

Note, however, that the ability to apply data depends on the actionability of information. Characteristics of SONAR-powered indices The most advanced freight indices leverage real-time, historic and invoiced freight data to provide more insight into all operations and enable strategic competitive advantages. Consistent data collection.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52