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6 Steps to conduct a freight spend analysis

FreightWaves SONAR

A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.

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How Brokers Optimize Their Network With Market Dashboard Plus

FreightWaves SONAR

Brokers are able to view current spot and contract rates, variability in the rates, Lane Scores and Outbound Tender Rejections for the origin, which improves their network optimization on the loads they are currently running. Not a SONAR customer? Get in touch with one of our experts here.

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

Logistics Viewpoints

The port closure disrupts the inbound and outbound flows of vehicles and parts, affecting the operations and sales of automakers, dealers, and suppliers. The port closure disrupts the inbound and outbound flows of containers, affecting the operations and revenues of shippers, carriers, and terminal operators.

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Streamline Your Supply Chain with a Network Analysis

CH Robinson Logistics

Company ABC engaged with their 3PL’s supply chain engineer team, who performed a network optimization analysis and made a final recommendation to eliminate 20 of the warehouse locations. Is network analysis a good fit for your company? Well, that depends on what your analysis unveils. The result? Change what?

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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. Outbound freight costs as percentage of net sales.

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Freight Procurement is a Different Game

Logistics Viewpoints

The moves span inbound, intracompany, and outbound shipping. On the outbound side, they were using a transportation management system from e2open. This made the data analysis easier. This made the data analysis “painful.” Simmons always does an ROI analysis prior to purchasing a solution.

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SONAR Indices & Insights: Plan and Measure Refrigerated Shipping Capacity & Rates

FreightWaves SONAR

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.