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Conducting a Trucking RFP: Tips for Shippers to Optimize Contract Freight

FreightWaves SONAR

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. Shipping managers who have maintained strong relationships with carriers during these trying times will be in a better position to recover and optimize freight assets.

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Near-real-time data-driven route optimization best practices

FreightWaves SONAR

One of the most significant challenges facing logistics managers is route optimization. Proper access and application of real-time data change, such as the ticker comparison above, showing how initial savings in intermodal start compare to rejections over the last three months, can provide insight for optimization.

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6 Truckload freight spend optimization best practices

FreightWaves SONAR

Optimizing truckload freight spend is essential in today’s freight market. Along with this fundamental tip, knowing the most up to date carrier pricing in the freight market and using effective tracking technology will maximize savings. That’s a crucial advantage in optimizing spend for all involved parties.

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The Role of Logistics Management in Optimizing Supply Chain Operations

Locus

An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. This article will provide easy insight into the world of logistics management—from the key components and challenges to tips on optimizing it for your business.

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5 more truckload shipping strategies for enterprise shippers

FreightWaves SONAR

And a few tips for adapting cold chain functionalities include: Modifying equipment for super-cold load transportation. Utilization of truckload shipping tools and processes to optimize freight movements. Throughout the years to come, accurate data analysis will remain essential for effective truckload shipping.

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What is freight load balance scoring and why should carriers care?

FreightWaves SONAR

Tips for applying data to balance freight load pressures on the network. In today’s world, a delay in data processing and analysis will lead to massive opportunities for overlooked industry dynamics. Optimizing routes based on wait times to avoid overbookings at individual warehouses and facilities located in high-activity markets. .

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The fundamentals of demand planning and forecasting

EazyStock

Here are some tips on best practices to help you. These could be quantitative methods such as exponential smoothing, regression analysis or econometric forecasting. Or qualitative methods, such as the Delphi method, historical analysis or the panel consensus. Without accurate demand forecasts , demand planning will fail.