FreightWaves SONAR

MARCH 2, 2021

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.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

FreightWaves SONAR

MARCH 26, 2024

Photo credit: Jim Allen Produce is a small portion of the volume of freight in the United States, but it can be one of the most disruptive forces in the industry. This is where being able to monitor tender data at the market level can become your secret superpower. This can be seen in a list or map view form.

Supply Chain Planning Software 52

Supply Chain Planning Software Negotiating Skills Data Scenario Planning 52

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

JULY 24, 2023

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. Measuring performance with transportation KPIs and freight data is getting easier. Budgeting and managing freight costs are critical to overcoming any disruptions and increasing profitability.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Logistics Viewpoints

JUNE 29, 2021

In a prior post , I wrote about the various ways data is transforming global supply chains. Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). So, what is quality data?

Data 146

Data Supply Chain Design Software Supply Chain Planning Software Digital 146

FreightWaves SONAR

JANUARY 25, 2021

Today, freight load management is a major trouble area for carriers and logistics managers within the shipping industry. 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. 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

JANUARY 5, 2021

Control over trucking freight rating remains a blip for many carriers, particularly owner-operators and those trying to manage the chaos of a pandemic-stressed industry. Quite simply, freight rating challenges are not a problem limited to trucking carriers. Now, the industry is changing yet again. Download the White Paper.

Data 88

Data Price Reduction Freight Resource Reduction 88

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. . Frost & Sullivan estimates the digital freight brokerage market will reach $54.2 Use the Ocean Shipments Report to understand freight brokerage drayage planning.

Data 52

Data Sourcing Strategies Transportation Freight 52

FreightWaves SONAR

APRIL 5, 2021

Tracking market trends within truckload rates relies heavily on data and analysis. Managers don’t want to learn that they are essentially paying a higher transportation rate with one carrier when another freight carrier offers a much more competitive truckload rate. Often this means contracted volume is the way to go.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

The Logistics of Logistics

JULY 31, 2023

Applying the strategies and methodologies he learned while serving Fortune 1000 brands as a strategist, Adam brings both creative and practical strategies that move the needle for the mid-market companies he serves. Adam is also an entrepreneur.

Supply Chain Design Software 281

Supply Chain Design Software Logistics Network Optimization Software Modeling Software Cost Reduction 281

FreightWaves SONAR

MARCH 17, 2021

How effective are you at lane-by-lane planning and getting deep insights to aid in freight spend planning, mini-bids, and other long-term contracts in your organization? That’s where SONAR SCI Lane Acuity can add the most value and prepare enterprise shippers for true, future-ready bidding strategies. Request a SONAR Demo.

White Paper 98

White Paper Analysis Cost Reduction Transportation 98

FreightWaves SONAR

FEBRUARY 11, 2021

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. Freight transport cost per shipment.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 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. Soon, it’ll almost be a guarantee that if you’re not leveraging modern data analytics properly, you’re losing money or leaving it on the table.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

CLX Logistics

NOVEMBER 21, 2023

As the freight industry gears up for another year, the whirlwind of uncertainty continues to influence the logistics landscape. When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement.

Optimal Sourcing 67

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 67

Blue Grace Logistics

MAY 30, 2023

A predictive analysis of shippers confidence for the upcoming quarter correlating growth or shrinkage to overall volume of shipments and price of products. The LCI supports improved performance through logistics and transportation operations, strategy, and execution.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Optimization Software Inventory Reduction Resource Reduction 62

FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. 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.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

FreightWaves SONAR

FEBRUARY 4, 2021

Optimizing truckload freight spend is essential in today’s freight market. 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.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

The Logistics of Logistics

DECEMBER 6, 2021

Lauren is a seasoned maritime attorney and the founder of Squall Strategies , a boutique maritime consulting and legal solutions company and offers a wide range of consulting services to serve a variety of businesses and clients. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC. About Squall Strategies.

Inventory Reduction 195

Inventory Reduction Material Savings Maritime Supply Chain Software 195

CH Robinson Logistics

JUNE 13, 2022

Do month-end or quarter-end freight surges affect your transportation costs? Those familiar with transportation know that month-end or quarter-end freight surges commonly occur, and that your routing guide may not work as well as it usually does during those times. Using data provided by C.H. Consider lane volume predictability.

Transportation 95

Transportation Cost Reduction Price Reduction Freight 95

Blue Grace Logistics

FEBRUARY 21, 2023

A predictive analysis of shippers confidence for the upcoming quarter correlating growth or shrinkage to overall volume of shipments and price of products. The LCI supports improved performance through logistics and transportation operations, strategy, and execution.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Optimization Software Inventory Reduction Resource Reduction 62

GlobalTranz

OCTOBER 6, 2021

OTR freight represents a long-standing aspect of supply chain operations and transportation management. Th is blog post covers the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight. Carrier Vetting for OTR Freight . Enabling Data-Driven Decision-Making .

Optimal Sourcing 86

Optimal Sourcing Optimization Software Modeling Software Supply Chain Software 86

CLX Logistics

NOVEMBER 21, 2023

As the freight industry gears up for another year, the whirlwind of uncertainty continues to influence the logistics landscape. When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 52

Blue Grace Logistics

DECEMBER 12, 2022

A predictive analysis of shippers confidence for the upcoming quarter correlating growth or shrinkage to overall volume of shipments and price of products. The LCI supports improved performance through logistics and transportation operations, strategy, and execution. Optimizing Freight At Order-Level To Lower Freight Spend.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Optimization Software Inventory Reduction Resource Reduction 62

FreightWaves SONAR

MAY 7, 2024

This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis. These platforms automate and digitize procurement workflows, simplifying data management and enhancing decision-making capabilities.

Optimal Sourcing 64

Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

Blue Grace Logistics

FEBRUARY 6, 2023

An increasing number of shippers are moving towards logistics outsourcing to gain better visibility into their freight track and spend, two key factors in determining business vitality. Visibility and data remain top-value propositions that outsourced logistics entities solve for.

Supply Chain Design Software 62

Supply Chain Design Software Outsourcing Supply Chain Planning Software Supply Chain Software 62

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 48

Supply Chain Planning Software Logistics Network Optimization Software Inventory Reduction Trends 48

Blue Grace Logistics

JANUARY 12, 2021

A new calendar year is a perfect time to set some goals for your organization and start planning new business strategies. As you might have guessed from the title, it’s time to start collecting more data. The Big Benefits of Big Data. Simply put, good data drives better service. How Do I Collect More Data?

Data 62

Data Cost Reduction Supply Chain Planning Software Material Savings 62

The Logistics of Logistics

JANUARY 28, 2022

Felipe Capella is President, COO and Co-founder of Loadsmart , a leading digital freight technology company. Previously advised companies on corporate strategy and M&A in Brazil and New York for 8 years. While, Loadsmart is one of the leaders in Freight Tech, don’t be surprised if automated shipments become commonplace.

Cost Reduction 260

Cost Reduction Optimization Software Price Reduction Logistics Network Optimization Software 260

Logistics Business Magazine

OCTOBER 8, 2023

Alongside these features, Log-hub introduces a new addition to its portfolio of supply chain analytics apps, a brand-new ‘Freight Matrix’ app. This feature streamlines workflow efficiency, reduces data loss, and enhances collaboration among supply chain professionals. ” – said Jan Sigmund, the Co-CEO of Log-hub.

Supply Chain Planning Software 42

Supply Chain Planning Software Supply Chain Design Software Optimization Software Logistics Network Optimization Software 42

FreightWaves SONAR

DECEMBER 11, 2020

Co-hosts Kyle Taylor and Luke Falasca focused on freight forecasting during COVID-19 on this episode of #WithSONAR. Subscribers receive near-time market intelligence to improve pre-RFP strategy analysis and can identify new market opportunities with little to none native, historical data. It has been recognized by Inc.,

Video 98

Video Freight Resource Reduction Demo 98

Freightos

NOVEMBER 15, 2023

More Resources Home November 15, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Freightos Air Index data shows China – N.

Price Reduction 103

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 103

CH Robinson Logistics

AUGUST 13, 2021

Robinson experts provided in-depth analysis of current supply and demand trends, our updated forecast, and the impact of global import volumes on North American freight transportation. Is the shortfall in drivers going to advance the push to self-driving, long-haul freight operations? During our Q3 Market Insights Live!

Price Reduction 104

Price Reduction Freight Transportation Cost Reduction 104

FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. However, this is about a different type of freight load balancing-the balancing of assets. Defining freight load balancing. For carriers, it’s all about balance.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

247 Customs Broker

APRIL 9, 2020

However, as the supply chain changes so rapidly, especially with the… The post Logistics Manager Analysis: Forecasting and S&OP… Big data, big decisions appeared first on 24/7 Customs Broker News. Forecasting the demands of a business is also essential, for correct distribution of goods.

Analysis 36

Analysis Data Supply Chain Software Logistics Network Optimization Software 36

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

FreightWaves SONAR

FEBRUARY 18, 2021

Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. It is considerably more important to find talent quickly to fill the ever-growing needs of the freight and shipping industry. This also overloads the drivers that are currently working for freight companies.

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

Parade

MARCH 18, 2019

Starting with Location Data Creating a carrier system of records and intelligence system will be the first step towards freight brokerage digitization. What is carrier intelligence and why is it so critical for a freight brokerage to implement?

Optimal Sourcing 84

Optimal Sourcing Data Capacity Price Reduction 84