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Cost-To-Serve Analysis Should be Core Planning Tool

Logistics Business Magazine

A new white paper from a supply chain consultancy suggests retailers are too fragmented in their approach to determining their Costs-To-Serve (CTS) and should instead adopt CTS analysis as a core, business-critical initiative for informing future decisions and direction. “In CLICK HERE to download the full white paper.

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[WHITE PAPER] Another rough year for shippers to manage bid process and carrier networks

FreightWaves SONAR

To do that, we recommend using the the SONAR Supply Chain Intelligence tool to determine: Whether your carriers are charging rates in line with the market. That analysis should help you to determine which carriers you want to solicit bids from. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.

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The Logistics Leadership Void with Jessica Windham

The Logistics of Logistics

Their three-step engagement process pairs a people first attitude with expert optimization techniques: Discover Pain Points, Root Cause Analysis, & Implement Solutions. They offer a three-step process to improve logistics departments, focusing on internal process optimization, digital tools, and external partnerships.

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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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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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Why Strategic Partnerships Enable OTR Freight Management

GlobalTranz

With driver shortages still impacting the industry and continual volatility within supply and demand balances, it is more important than ever for OTR managers to get on board with remote tools and digital services, including advanced shipper TMS platforms and managed services to reduce workload. . Enabling Data-Driven Decision-Making .

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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. On-time pickups.