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6 Steps to conduct a freight spend analysis

FreightWaves SONAR

But more analyses are a hard-sell for busy logistics managers. According to Talking Logistics with Adrian Gonzalez , “Transportation professionals are so consumed with managing immediate needs that it’s often difficult for them to step back and consider longer term strategic objectives.” Gather data for the analysis.

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Freight Truck Shortages Are Changing The Face Of Logistics

The Logistics of Logistics

Freight Truck Shortages Are Changing The Face Of Logistics. Original article: Freight Truck Shortages Are Changing The Face Of Logistics. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely.

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Sexify Logistics

Logistics Business Magazine

Red Bull’s Formula One HQ in Milton Keynes is an appropriate and impressive backdrop to learn why data is fuel in logistics. High performance in logistics can be maintained by extracting insights from data and taking practical steps. Complexity requires having a data strategy.” Machine help?

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How Can Data Improve Supplier Decisions?

GlobalTranz

A growing trend across all industries has been the application of big data , with the use of algorithms and the hiring of data scientists becoming commonplace. As businesses collect and store an ever increasing amount of data, the algorithms required to make sense of this data will become even more valuable.

Data 98
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Freight Procurement is a Different Game

Logistics Viewpoints

The moves span inbound, intracompany, and outbound shipping. An RFP is a data intensive exercise. This made the data analysis easier. On the inbound side, it was highly reliant on spreadsheet data. This made the data analysis “painful.” The transportation team supports 13 production facilities.

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Why Benchmarking Alone Isn’t Enough for Proper Transportation Cost Analysis

GlobalTranz

Given that our proprietary TMS, the Cerasis Rater , provides multiple reports, giving our shippers’ many insights, this post is quite appropriate, just like getting the data that is meaningful , in order to make the best decisions for your business possible. . Inbound freight costs as percentage of purchases. On-time pickups.

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How Does a Logistics Hub Work?

GoShip Blog

Suppliers and eCommerce managers are all too familiar with coordinating with logistics hubs, yet there is still a lot of ambiguity surrounding these facilities. Find out what exactly occurs in a logistics hub and how they function to optimize your supply chain. What is a Logistics Hub? Understanding Logistics Management.