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Freight Costs: 5 tips to get the biggest bang for your buck

FreightWaves SONAR

In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.” Freight management parties can rely on these tips to recognize and respond to transportation budget limits. The supply chain operates on roughly an 18-month cycle. Think about this. Disruptions are inevitable.

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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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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. A trucking RFP is most effective when sent to diverse and varied supply chain networks. Request a SONAR Demo. Or simply click the button below.

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Trade agreements and logistics data: why proactive planning always wins

FreightWaves SONAR

Challenges in Managing Service Level Agreements Without Data Within the modern supply chain, SLAs are the contracts that lay out the terms and specifics of a partnership and shipping agreement. And that’s especially true when considering new carriers or using other modes of transportation. Download the White Paper.

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6 Tips to Build a Logistics Metrics Scorecard That Guides Decisions

FreightWaves SONAR

Having a healthy logistics metrics system that leverages supply chain predictive analytics will help everything run more smoothly. Here are some tips to help you build your metrics scorecard faster and easier. . Keeping ahead of the competition is vital and the best way to get there is with robust freight data analysis.

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

FreightWaves SONAR

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. Predictive data analysis allows managers to tweak and adjust route optimization and shipping protocols to accommodate market demands.

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How Freight Management Analytics Simplify Logistics

FreightWaves SONAR

Relying solely on manual shipping data analysis continues to yield poor results. According to Business Wire , “Supply chain analytics holds the key to mitigate a number of businesses complexities. They have advanced and brought faster and easier-to-understand supply chain KPIs.