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What Shipping Analytics Tools Should Freight Market Participants Have in Their Freight Stack?

FreightWaves SONAR

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. Tracking shipment status is a core function of advanced shipping analytics tools. Download the White Paper.

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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems. The port closure disrupts the inbound and outbound flows of vehicles and parts, affecting the operations and sales of automakers, dealers, and suppliers.

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

GlobalTranz

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Inbound freight costs as percentage of purchases.

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6 Truckload freight spend optimization best practices

FreightWaves SONAR

Knowing the following key tactics and using the proper tools will help sustain long-term savings. Track truckload freight accessorial costs As reported by Inbound Logistics , “Carriers price accessorials, such as liftgate or non-commercial delivery, at a premium. Leverage freight data analytics to simplify logistics management.

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The Warehouse Execution System: A New Competitive Imperative

Logistics Viewpoints

Today’s warehouse environment is too complex and fast-moving to manage effectively via human cognition, as well as manual planning and analysis. It can test various strategies such as adding new hires, onboarding a new robot, or changing the distribution center layout. billion in 2022 to $3.12 What Exactly Does a WES Do?

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Ports brace for an onslaught of 1.9 million TEUs post-Suez Canal incident

Shipping and Freight Resource

Other major ports bracing for the influx of volume are New York, with 76,500 TEU either having arrived or still inbound from the Suez Canal incident; Port Kelang, at 103,900 TEU; and Jebel Ali, at 75,879 TEU. According to project44’s port delay tracking, the influx of ships will also exacerbate port delays measured in days. days (up from 1.09

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Do I Need Descriptive Analytics in Freight? YES!

FreightWaves SONAR

Descriptive analytics are a powerful tool for managers that allows them to track existing inventory supply and automatically notify others of any potential shortage in available inventory and more. That kind of analysis creates a stronger level of supply chain agility. Keep focus on applying data to future goals and milestones.