FreightWaves SONAR

NOVEMBER 16, 2020

In this article, you learn what are the various reefer freight data indices available in SONAR, who in the freight market relies on these indices, what the indices tell freight market participants, and real-world scenario analysis of using SONAR refrigerated shipping indices to better understand the freight market.

Refrigeration 106

Refrigeration Capacity Outbound Inbound 106

Blue Grace Logistics

SEPTEMBER 15, 2022

For example, if a focus on customer service has resulted in shipments that are too small for optimized handling, the right provider should have ideas for a hierarchy of batching decisions that will both protect the company’s reputation with customers and create new efficiencies. Inbound Programs.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Meeting 62

Logistics Business Magazine

APRIL 17, 2024

Companies must also consider cost implications, accurate demand forecasting, trend analysis, process automation, and logistics considerations. Accurate demand forecasting and trend analysis enable companies to anticipate customer needs, ensuring products are available when and where they’re wanted.

Supply Chain Software 61

Supply Chain Software Supply Chains Optimal Sourcing Optimization Software 61

FreightWaves SONAR

APRIL 25, 2024

Meanwhile, drayage carriers gauge inbound volume, measured at the point of origin, for a look ahead at local demand in the coming days (see blog for detail). Analysts can take this analysis a step further by looking at volume by lane. Meanwhile, volume for loaded domestic containerized intermodal (ORAILDOML.USA), the market where J.B.

Data 59

Data Digital Replenishment Blog 59

Logistics Bureau

AUGUST 2, 2021

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. In procurement, cost analysis is not just about the price of your company’s purchases. Supplier Defect Rate.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

FreightWaves SONAR

DECEMBER 3, 2020

For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. For example, market conditions show shippers’ rate trajectories. Improved planning through wait time analysis benefits all parties. That includes compliance with the inbound freight routing guide and outbound activities.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

Logistics Bureau

MAY 24, 2021

For example, if your cost of goods sold for 2020 was $250,000, and your average inventory on hand was worth $25,000, your inventory turnover ratio would be $250,000/$25,000 = 10, meaning your entire stock of that particular SKU turns over around ten times per year. Using the previous example, dividing 365 days by 10 gives you 36.5

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

The Logistics of Logistics

APRIL 26, 2022

Michelle Sodomka, a Senior Director in charge of Open Sky Group ’s transportation management practice has 15 years’ experience in risk analysis and mitigation within the logistics industry. Transportation management systems are used by shippers and carriers to more efficiently manage inbound and outbound shipments.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Trucking Freight Supply Chain Planning Software 221

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service. Here are some KPIs to assist you to get back on track to build an agile, adaptive, and resilient supply chain into the future: Inbound KPIs. Warehousing KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

ShipLilly

AUGUST 6, 2020

For example, small businesses are sometimes called upon to compete with large corporations that are supported by a world of experience and seemingly endless resources. Data and process analysis are part of the puzzle. You must pay careful attention to your distribution network, SKU analysis, and SKU management.

Cost Reduction 79

Cost Reduction Optimization Software Analysis Inventory Reduction 79

Carter Logistics

JULY 29, 2020

As an example, I reached out to a company on LinkedIn that made loading and unloading more efficient. Yes, I was interested in pursuing their inbound material transportation, but I also gained valuable knowledge about a service that a future or current customer may not have known existed.

Supply Chain Planning Software 113

Supply Chain Planning Software Logistics Network Optimization Software Video Collaboration 113

Logistics Business Magazine

FEBRUARY 23, 2024

For example, the Dexory View dashboard enables pick face analysis of volumes. Real-time analytics with a virtual control tower helps forecasting freight lanes, both inbound and outbound. Generative AI may create new strategies in logistics, for example in transport routing. Machine help?

Logistics Network Optimization Software 51

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 51

Logistics Business Magazine

MARCH 5, 2024

For example, Transporeon data shows that container shipping prices from Asia to Europe have recently spiked by 300%. Shipping companies are now obliged to buy permits for a portion of their emissions (gradually increasing to 100% by 2027) for all inbound, outbound and transhipment vessel movements. The result?

Maritime 52

Maritime Price Reduction Cost Reduction Supply Chain Planning Software 52

20Cube Logistics

JANUARY 28, 2020

To understand it, we can take the example of a bar code or magnetic strip of a bank’s ATM card where data is captured by the device and stored in the database. Inbound activities: With the integration of RFID, products can easily be offloaded from a truck, pass through a reader and stacked in empty spaces within minutes. What’s RFID?

RFID 74

RFID Supply Chain Software Supply Chain Planning Software Optimization Software 74

FreightWaves SONAR

JUNE 10, 2021

Measuring capacity is a key to maximizing margins/transactions for a broker, utilization for a carrier, and minimizing service and budgetary failures for shippers.The capacity trend indices show you which markets are tightening or loosening by the largest amounts by combining tender rejection rates and market balance of inbound and outbound loads.

Trends 52

Trends Capacity Outbound Inbound 52

ShipLilly

APRIL 19, 2021

For example, it is too risky for more delicate or fragile products. Businesses must do a cost-benefit analysis in terms of time and labor cost before taking this option. For example, any box that is at least 50lbs must be palletized under the Amazon FBA contract. You are likely to require fewer containers to ship your product.

Packing 98

Packing Cost Reduction Security Definition 98

GlobalTranz

NOVEMBER 19, 2015

This is where metrics becomes necessary for the analysis and monitoring of data. However, metrics may also be applied to the algorithmic analysis of data to identify what data needs to be removed, clarified, or analyzed in further detail. For example, incoming deliveries may be delayed due to inclement weather.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

FreightWaves SONAR

MARCH 15, 2021

In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. Carriers will be able to see inbound and outbound stability on specific lanes.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Logistics Business Magazine

MARCH 1, 2022

For example, not all systems are customizable to your work processes. Carrier and Shipping Analysis. With the right TMS system, you can leverage your shipping data to improve your resource efficiency, vendor evaluations, and visibility on inbound and outbound products. What You Need To Know About TMS Solutions.

Optimization Software 55

Optimization Software Logistics Network Optimization Software Supply Chain Software Resource Reduction 55

Logistics Business Magazine

APRIL 23, 2021

Its analysis of 20 worldwide shipping and logistics companies overviews why many organisations in the supply chain sector urgently need to look at how they can become more resilient against cyber threats, given the sensitivity of distribution networks to disruption and the global reliance on supply chain firms.

Security 36

Security Supply Chain Software Industry Logistics Network Optimization Software 36

Blue Grace Logistics

JUNE 21, 2018

Transportation Management Workflow may be defined as a supply chain workflow that connects and links the various parties involved along the chain from, for example, the seller’s warehouse to the buyer’s warehouse. One needs to do extensive and thorough data analysis of all current costs within the transportation and logistics silos.

Cost Reduction 50

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

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. For example, a subtle change in hydraulic pressure may still permit the machine to operate. Analysis of Trends and Recommendations.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling.

Optimal Sourcing 112

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 112

GlobalTranz

MARCH 13, 2015

There are plenty of different shipping companies out there, and using a transportation management system to manage all inbound and outbound shipping needs will put those shippers who use one at an extreme competitive advantage. Lane Analysis. Identify factors that impact your freight shipping costs. By Carrier On Time Performance.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

3PL Links

OCTOBER 6, 2022

With the businesses they collaborate with, they become partners and take full ownership of the management, analysis, and execution of the supply system. The third party logistics provides a wide range of services, among which are: Inbound transport. Infrastructure (in storage areas, for example). Value added services.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Supply Chain Planning Software 4PL Modeling Software 62

Logistics Bureau

JANUARY 18, 2021

Sometimes the volume stays the same but the SKUs increase, as highlighted by the following example. The Beer-on-Tap Example : In the old days, when you went into a pub you would have four or five beers on tap. You have to do some analysis to work out where you are and then choose the materials handling system to suit.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Operations Supply Chain Planning Software 118

GlobalTranz

MARCH 7, 2016

As the supply chain grows increasingly focused on meeting the demands of an increasingly data-driven and customizable world for consumers and business to business partners, the need for continual improvement and better visibility will continue to drive analysis of available supply chain analytics.

Procurement Analytics 61

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chains 61

FreightWaves SONAR

APRIL 27, 2021

For example, Shipper X (an aggregation of two household-name CPG companies) uses intermodal for ~90% of its dry loads in a number of dense long-haul lanes. The data used in this analysis comes to FreightWaves from a transaction processor. . Source: FreightWaves data, To learn more about FreightWaves SONAR, click here. ).

Picking 52

Picking Purchasing Skills Sourcing Strategies Outbound 52

IoT World Today

JANUARY 15, 2019

One of the successful examples of preventive analysis systems developed for the fleet is Predixion Insight fr om Intel. After collecting such data, the on-vehicle gateway can either analyze it at the edge for immediate alerts or pass it to the cloud for longer-term analysis. Streamline Delivery Management.

Optimization Software 72

Optimization Software Logistics Network Optimization Software Price Reduction Expense Reduction 72

GlobalTranz

SEPTEMBER 8, 2017

Examples of such technologies are GPS tracking, barcodes, radio frequency identification (RFlD), smart labels and wireless sensor networks. Proper research and analysis. It is therefore of vital importance that you invest time in supplier analysis. A good supply chain is resilient and delivers the desired and expected returns.

Supply Chain Software 83

Supply Chain Software Supply Chains Digital Waste Reduction 83

Conger

JULY 22, 2021

For example, these systems can handle tasks ranging from: Receiving goods. For example, a Shopify storefront is an eCommerce platform. A Shopify storefront is an example of an eCommerce platform. Take our Shopify example again. So make sure you conduct a thorough analysis of the costs versus the benefits.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software eCommerce Logistics Network Optimization Software 52

GlobalTranz

SEPTEMBER 8, 2015

Each data entry is an opportunity for data capture and analysis. For example, the carrier may need to know how to handle delicate items, manage private and rented fleets, budget expenses, conduct international trade, ensure compliance to regulations, maintain safety, and make sure all KPIs align across the manufacturer-to-delivery route.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

CH Robinson Logistics

FEBRUARY 18, 2022

TMS systems work with all types of freight: inbound, outbound, customer pickup, international, ocean, air, full truckload, less than truckload (LTL), rail, barge, parcel, flatbed, specialized equipment, and intermodal. With a TMS, reporting and analysis are done digitally. The Major Functions of a Transportation Management System.

Supply Chain Planning Software 62

Supply Chain Planning Software Optimization Software Supply Chain Software Modeling Software 62

GlobalTranz

SEPTEMBER 28, 2016

3) Reduce Supply Base Risk by the Effective Application of Focused Systemic Improvements and Risk Factor Analysis. . How to Track Performance. 50% improvement) min. improvement on Supplier DPPM.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 89

GlobalTranz

JANUARY 17, 2017

For example, the analysis of procurement processes and expense trends might help companies select alternative or new suppliers, change the flow of supplies to optimize delivery time tables and enhance payment processes, such as double billing complaints. VR tends to replace the entire image. billion by 2021.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

OCTOBER 20, 2016

For example, companies can implement new programs and create new resources that meet the demands of millennials. For example, manufacturers have donated "state-of-the-art equipment to give students [a] hands-on learning experience." This translates directly into renewed interest in manufacturing among students.

Buyer Training 95

Buyer Training Resource Reduction Cost Reduction Material Savings 95

GlobalTranz

NOVEMBER 12, 2015

For example, drivers are expected to arrive on time, maintain docking schedules, and avoid dead time. For example, holiday forecasts in shipping are often used to add more workers to loading docks, shipping centers, and warehouses. Monitoring shipping processes for inefficiencies rests at the core of data collection and analysis.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91