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High-quality freight data is vital for supply chain automation

FreightWaves SONAR

Third-party supply chain and freight market data has become an important tool for retailers, manufacturers and suppliers who want to redesign their networks, improve strategic planning, benchmark their transportation spend and the service they’re getting in return, and measure the efficiency of their facilities.

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Examples of How Supplier Quality Management System Implementations Pay Off

GlobalTranz

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

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3 ways shippers use FreightWaves SONAR to drive ROI

FreightWaves SONAR

After weathering years of pandemic-fueled headwinds, enterprise supply chain teams have regained pricing power in the trucking market. In order to make data-informed decisions, shippers must first have access to accurate, real-time industry insights. That is where FreightWaves SONAR comes into play.

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SONAR Indices & Insights: Use the RESL Index to measure retail sales trends to help predict shifts in the freight markets

FreightWaves SONAR

This helps measure the demand for finished goods across a variety of categories such as department stores, furniture stores, electronics and more. The retail sales trends data can be broken out into categories for a more granular understanding of performance in various retail sectors. for year-over-year breakouts): .

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Retail disruption and K-shaped recovery highlight importance of freight data

FreightWaves SONAR

Using SONAR data in contract negotiations with carriers and 3PLs. . Heightened demand uncertainty with variability by geography and category. In addition, SONAR data could be used by retailers for strategic and longer-term decision-making, such as deciding where to locate warehouses and fulfillment centers. .

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Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains

3PL Links

Uber, for instance, saw a trend in the logistics industry in 2017 and introduced Uber Freight, a platform that links truck drivers with businesses that require cargo transportation. Strategic API integration allows logistics organizations to get almost real-time data and updates about orders and shipments. Check out below: 1.

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What is The Cheapest Option For Shipping Large Items Across the Country?

GoShip Blog

The benefit of LTL shipping is that you only pay for the truck space you use. There are two main categories of shipments: parcel and freight. Are there any size limits that distinguish these two categories? For example, moving significant parts during the peak season will increase your expenses. Seasonality.