Ship Monk

DECEMBER 15, 2023

We’ve covered ecommerce KPIs in detail in recent blogs, and no doubt you already know whether you’ve hit your BFCM numbers. It can be very difficult (and expensive) to stand out in all the noise leading up to BFCM, so it’s important to understand what worked and what didn’t. What were your best-selling products?

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

FreightWaves SONAR

APRIL 29, 2021

Meanwhile, national-branded consumer goods companies gained share from private labels during the pandemic and many are launching direct-to-consumer and subscription services looking to reduce their reliance on retail and reach their most loyal customers. . Of course, during that same period, many retailers performed extremely well.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

EazyStock

NOVEMBER 19, 2021

But if you don’t carry enough, you face stock-outs and reduced service levels. In reality, of course, this rarely happens. This leads to a stock-out in week four and a number of expensive back orders. Many companies use simplified approaches to calculating safety stock at the expense of accuracy.

How To 52

How To Inventory Reduction Inventory Optimization Modeling 52

Ship Monk

FEBRUARY 9, 2024

Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes. For example, if you’re introducing a new product and there are no similar products to draw historical data from, qualitative research is a must to reduce risk.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84

FreightWaves SONAR

DECEMBER 30, 2020

And pre-emptive strategies that help isolate and address real-time problems will inevitably rely on real-time freight data and easy-to-access systems. As the issues build, mitigating efforts become more strenuous, resulting in lost revenue and time, as well as more significant expenses. Of course, that’s another challenge.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 98

Ship Monk

MARCH 11, 2024

Of course, sometimes following the herd can lead us astray. Low-cut jeans come to mind.) The good news for brands is that the smallest influencers (those with 1,000-4,999 followers) are more effective at creating trust and generating engagement and also the least expensive to partner with. Some of it? Most of it?

eCommerce 89

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 89

FreightWaves SONAR

NOVEMBER 16, 2020

Of course, enabling that continuous goal of collaboration future-proofs the brokerage and enables competitive positioning. In other words, real-time data reduces confusion and streamlines collaboration with all supply chain segments to book more loads, execute more loads, track more loads while in transit, and audit all movements.

Modeling Software 106

Modeling Software Logistics Network Optimization Software Supply Chain Software Data 106

FreightWaves SONAR

DECEMBER 17, 2020

If a single load results in an added expense of $30 due to a weather delay, it may not seem like much. Over the course of 1,000 shipments, reflecting approximately three booked loads per day for brokers, that is waste in excess of $30,000. Of course, that’s only the beginning. Request a SONAR Demo.

Supply Chain Software 52

Supply Chain Software Supply Chains Waste Reduction Expense Reduction 52

FreightWaves SONAR

JANUARY 15, 2021

Of course, time sensitivity, warehouse capacity, and more factors will influence rates. Carriers will increase surcharges and accessorials to cover excess overhead expenses, like insurance and decreasing driver school enrollment. Request a FreightWaves SONAR demo to get started, or click the button below. Request a SONAR Demo.

Trends 64

Trends Trucking Supply Chain Planning Software Optimization Software 64