FreightWaves SONAR

JUNE 1, 2023

In taking the opportunity to make strategic investments in digital supply chain tools during a market downcycle, when capacity is loose, freight costs are low and customer demand looks shaky, Walmart was bucking the trend among large shippers. More accurately, Walmart was once again ahead of the curve.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 52

Logistics Viewpoints

JUNE 8, 2023

Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. Previously, only large companies such as Amazon and FedEx possessed the network and scale required for cost-effective same-day and next-day shipping.

Modeling Software 122

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 122

Conger

APRIL 1, 2024

By carefully planning and scheduling maintenance before issues arise, businesses can avoid interruptions and reduce costs associated with emergency repairs and downtime. Cost Savings: By avoiding emergency repairs and unscheduled downtimes, companies can save significant amounts over time. Let’s dive in!

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. As a freight brokerage, you live and die by your pricing.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. As a freight brokerage, you live and die by your pricing.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. As a freight brokerage, you live and die by your pricing.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. Often, it’s a factor that can be negotiated with the shipper. It’s not just a tool but a strategic partner in improving procurement and benchmarking.

Optimal Sourcing 95

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 95

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Despite record layoffs in many industries, Canadian manufacturers face a skills shortage in key positions in operations and across the supply chain. All of the above pressures culminate in rising operational costs – from ?labor, Talent gaps: ? One of the key drivers is the aging workforce leaving for retirement. Stay Agile, Get Ahead.

Supply Chain Planning Software 105

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

WorkWave

APRIL 3, 2024

In the realm of logistics and e-commerce, delivering exceptional customer experiences has become a non-negotiable priority for businesses striving to stay ahead. Route optimization and last-mile delivery software have emerged as indispensable tools in achieving this goal. Start Using RouteManager!

Optimization Software 52

Optimization Software Meeting Logistics Network Optimization Software Negotiating Skills 52

GlobalTranz

SEPTEMBER 23, 2021

Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? . Increasing fuel costs also play into the available capacity woes.? ? on-highway diesel fuel prices are up $0.898 from the end of August 2020.

Optimal Sourcing 123

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Supply Chain Software 123

Trinity Logistics

AUGUST 4, 2020

By better managing, using, and analyzing your data, an organization can reduce costs, improve margins, generate revenue, and make smarter business decisions. Each partner can better plan for their part, having the potential to reduce expensive production costs, limit excessive accessorial charges, and improve customer service.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 64

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. Paying below-market rates in highly volatile lanes could lead to additional costs. . Knowing the trends of the lanes can help widen their margins. . Intelligence is more than data or knowledge.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. Often, it’s a factor that can be negotiated with the shipper. It’s not just a tool but a strategic partner in improving procurement and benchmarking.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 52

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. 1 As the ability to strategize bidding continues to improve and keep shippers competitive, that number will continue to grow.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Logistics Bureau

JULY 10, 2023

The Importance of Analysis However, 3PL outsourcing is not necessarily the best option for every company, so you must thoroughly weigh the pros and cons before committing. They typically operate warehouses and distribution centres located strategically. Is a 3PL Right for Your Business?

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

Locus

DECEMBER 7, 2021

Presently, their major focus lies on local production, warehousing and strategic sourcing. Oil price fluctuations. Fluctuations in oil prices and oil supply disruptions are majorly caused by political events, supply pipeline issues or weather problems. How do businesses enable strategic sourcing?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

MTS Logistics

JANUARY 11, 2021

In today’s logistics environment, EDIs (electronic data interfaces) and the Internet are the most used tools to transfer documents among buyers, sellers, vendors, banks, customers and government entities. A non-negotiable BOL must be signed by the parties listed, while a negotiable BOL can be transferred to a specified third party.

Document 69

Document Buyer Training Negotiating Skills Purchasing Skills 69

FreightWaves SONAR

FEBRUARY 5, 2021

They banded together, and bought shares of the almost worthless company, driving up the price of the stock and pushing the hedge funds into a position where they lost those seemingly surefire bets. The benefit to the hedge funds is that they can pick up on trends and ensure that their money is ahead of any of those trends.

Trucking 98

Trucking Negotiating Skills Logistics Network Optimization Software Data 98

The Logistics Academy

FEBRUARY 13, 2017

Q: What are the latest trends in logistics education, and how does your program address them? Gerard Burke, Georgia Southern University: A continuing trend is the challenge to attract students to pursue a career often perceived as humdrum. Experiential learning is another trend seen as valuable to both hiring companies and students.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Conger

MARCH 28, 2024

Here are the new trends in technologies that continue to impact fleet management practices: Autonomous vehicles : I am sure you have already seen autonomous vehicles used in military applications or niche logistics. MaaS can lead to cost-minimization of transport services like public transportation, rental, and sharing offerings.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

Logistics Bureau

OCTOBER 20, 2021

“Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. Perfect order results can help you assess performance and diagnose issues impacting service, costs, and overall supply chain effectiveness. Calculating the Perfect Order.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

CLX Logistics

FEBRUARY 22, 2024

Procurement management stands at the crossroads of technological innovation and strategic decision-making. From optimizing operational efficiency to maximizing cost savings, organizations must navigate a complex landscape of competing priorities and evolving market dynamics.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

Blue Grace Logistics

DECEMBER 14, 2017

Data was shared with the team about what we accomplished in our Freight, Truckload and Enterprise departments and what effect future trends will have on us in 2018 and beyond. Bobby left the team with a new found excitement for the year to come and with new tools and data to help accomplish upcoming goals. Featured Speaker| Day 1.

Conference 48

Conference Negotiating Skills Logistics Network Optimization Software Presentation 48

Talking Logistics

FEBRUARY 8, 2018

The continual and ever-evolving trend of self-service and automation has indeed made some occupations obsolete. This analysis is consistent with our research at Kenco Innovation Labs – automation is not about eliminating people. For example, grocery store customers have been accustomed to bagging their groceries for at least a decade.

Supply Chain Software 68

Supply Chain Software Automation Logistics Network Optimization Software Negotiating Skills 68

GlobalTranz

MAY 21, 2018

It’s Time To Take A Closer Look At Your Parcel Shipping Costs eCommerce is driving the demand for smaller, more frequent last-mile deliveries. Shippers large and small need to look more closely at parcel transportation costs as a step in preserving margins. 5 Parcel Shipping Trends to Optimize Shipping & Reduce Costs.

Cost Reduction 48

Cost Reduction Procurement Analytics Negotiating Skills Purchasing Skills 48

Transporeon

MARCH 22, 2018

Depending on the mode of transport and the type of product being shipped, the offer matrix can contain individual price components and different quantity structures and units, along with additional information that can make comparisons difficult.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Purchasing Skills Negotiate Pricing 48

Automotive Logistics

MAY 17, 2018

That’s better than nothing, but still leaves them exposed to the risk of duplicate payments, paying for services not provided, or paying over and above any charges in rate cards or pricing agreements. There is also the problem of pricing agreements and rate cards being filed in one office – like the logistics department – but paid by another.

Procurement Solutions 28

Procurement Solutions Supply Chain Design Software Logistics Network Optimization Software Negotiating Skills 28

Infosys Supply Chain Management

SEPTEMBER 22, 2011

Discuss the latest trends and solutions across the supply chain management landscape. By exchanging information such as inventory levels, forecasting data, and sales trends, companies can reduce cycle times, fulfill orders more quickly, cut out millions of dollars in excess inventory, and improve forecast accuracy and customer service.

Supply Chain Planning Software 27

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 27

Talking Logistics

DECEMBER 20, 2017

I’ll begin with several high-level trends and factors that will impact supply chain and logistics strategies and operations in the coming year: Free Trade Agreements : “The U.S., Oil Prices : At the beginning of 2017, the price of Brent crude oil was $56.86 Today the price is $63.88 Today the price is $63.88

Supply Chain Design Software 55

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 55