Freightos

FEBRUARY 22, 2024

Judah Levine February 22, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 1% to $4,889/FEU. Europe prices (FBX11 Weekly) fell 2% to $4,587/FEU.

Price Reduction 71

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 71

FreightWaves SONAR

APRIL 5, 2021

Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. Tracking market trends within truckload rates relies heavily on data and analysis. The key to avoiding this kind of situation is predictive planning and analysis.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

EazyStock

FEBRUARY 17, 2021

Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control. Inventory Replenishment Strategies to Boost Profitability. However, businesses are also acutely aware that holding inventory costs money. Both can be very costly.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

FreightWaves SONAR

MARCH 25, 2021

In other words, a lack of insight into market-by-market and lane-by-lane analysis will amount to trouble in understanding what is going wrong and what is necessary to improve service levels. Request a FreightWaves SONAR SCI Lane Acuity demo to get started or by clicking the button below. Request a SONAR Demo.

Optimal Sourcing 97

Optimal Sourcing Negotiating Skills Resource Reduction Expense Reduction 97

FreightWaves SONAR

MARCH 15, 2021

It can also show how a user’s targeted benchmark rate compares to the industry, the overall market, peers and at a pricing level. Additional implications include RFP strategy, knowing when to onboard new carriers, new lanes, hire more drivers or plan next distribution center sites. .

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

DECEMBER 22, 2020

With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. That’s the only way to create an enduring freight management strategy. Here’s the truth.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105

Blue Grace Logistics

JUNE 21, 2018

The TMS used should be capable of handling various aspects of transport management including needs assessment, effective analysis, integration and management in addition to providing you visibility on inbound products, receiving, storing and distribution. A well designed and effective TMS is of paramount importance in: Reducing freight costs.

Cost Reduction 50

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

FreightWaves SONAR

APRIL 29, 2021

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Using SONAR data in contract negotiations with carriers and 3PLs. . Inflation in the prices of goods. Inflation in freight costs.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

MARCH 19, 2021

After all, everyone is focused on keeping costs under control, maximizing use of assets and capacity, avoiding tender rejections and more. And that’s why Lane Acuity, leveraging lane-by-lane analysis at scale is redefining the standards for managing lane-level insight. Request a Lane Acuity demo to get started. .

Negotiating Skills 11

Negotiating Skills Optimal Sourcing Buyer Training Procurement 11