FreightWaves SONAR

APRIL 29, 2021

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Using SONAR data in contract negotiations with carriers and 3PLs. . SONAR data can identify tight relationships such as U.S.-bound

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

MARCH 2, 2021

Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. In fact, logisticians should consider these top five use cases of increased visibility and data within logistics and how they improve throughput. Download the White Paper.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

FreightWaves SONAR

MARCH 15, 2021

Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

APRIL 8, 2021

Rate data is available for Van (TSTOPVRPM), Reefer (TSTOPRRPM) and Flatbed (TSTOPFRPM) modes. . While SONAR has other indices for rate data, Truckstop.com data is important as many small to medium (and some large) brokerages rely on the site to source carriers. You can view data in weekly, bi-weekly, monthly and annual changes.

Negotiating Skills 95

Negotiating Skills Freight Price Reduction Outbound 95

FreightWaves SONAR

NOVEMBER 19, 2020

According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.

Supply Chain Software 105

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 105

GlobalTranz

AUGUST 4, 2021

That alone is evidence that shippers need to start rethinking their strategies and supply chain risk management systems, but there are other challenges that are often overshadowed by the pandemic in the past year like weather, supply chain cyber security , labor shortages, market volatility, and more. Cybersecurity Concerns Remain.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 115

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. The data analyzed within today’s freight market goes back to the beginning of digital transformation. Contract versus spot data factors influence the profitability of all fleet assets. Download the White Paper. trucking market.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. This involves using real-time data and technology to get information about manufacturing processes when and where it is needed, in the form it is needed, to empower smart decisions about business operations.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

FreightWaves SONAR

MARCH 5, 2021

Should] you just figure out if it should be 5% or 6% [without data]?” Unlike other tools in the market, the Lane Signal considers an abundance of data from multiple sources, not just dirty data that flows through one system like other industry tools. SONAR is near-real-time data.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

GlobalTranz

APRIL 5, 2017

Some cite a lack of visibility or lack of control for reasons to not manage inbound logistics, and while proponents of “increased visibility” argue more information begets more effective inbound logistics strategy, its meaning gets lost in the murky waters of the internet. This is where an effective inbound logistics guide becomes important.

Inbound 49

Inbound Vendor Strategies Cost Reduction Inventory Reduction 49

FreightWaves SONAR

MARCH 22, 2021

The WRI combines outbound tender market share (OTMS) and the weekly change in tender rejection rates (OTRIW). For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days. FreightWaves SONAR is the fastest and most comprehensive freight market data and analytics platform in the world.

Capacity 98

Capacity Demo Price Reduction Cost Reduction 98

GlobalTranz

MAY 12, 2021

Look for a 3PL provider that offers a TMS and technological capability to provide real-time data to drive optimized decision-making and automation. An experienced 3PL provider has developed strategies for many other shippers and can adapt successful strategies for a customized supply chain optimization plan. Technology.

Supply Chain Software 114

Supply Chain Software Supply Chain Planning Software 3PL Supply Chains 114

Ship Monk

OCTOBER 13, 2021

While it may seem counterintuitive, splitting up your inventory is a super smart move, especially when you have the customer data to back it up. No matter what you sell, returns are pretty much unavoidable, which means baking a plan for them into your overall strategy is a must. Give us a holler — we’d love to hear from you!

3PL 75

3PL Inventory Reduction Resource Reduction Inventory 75

Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. Whether you do or you don’t, this blog can help finetune your understanding of what SKUs can be utilized for, how to use them to grow your business , and best practices for this crucial part of inventory management.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Logistics Problem Solving

JUNE 2, 2017

This includes both outbound and inbound freight. Stale, Incomplete Data Is a Problem in Problem Solving. Usually it’s the data. Many times, the shipper goes to their IT department to get the data they need to run an analysis to find out how compliant they are or to look for strategies to lower their spend.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Resource Reduction Cost Reduction Logistics 75

Transporeon

FEBRUARY 12, 2019

Shippers can look at benchmarking across all modes, using Big Data for benchmarks on pricing, demand, seasonality, etc., So they’re implementing continuous improvement strategies, including bringing some of those processes inhouse in a move to “digital insourcing.” It’s not a new concept, but it’s hard to implement at a human level.

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

Transporeon

FEBRUARY 12, 2019

Shippers can look at benchmarking across all modes, using Big Data for benchmarks on pricing, demand, seasonality, etc., So they’re implementing continuous improvement strategies, including bringing some of those processes inhouse in a move to “digital insourcing.” It’s not a new concept, but it’s hard to implement at a human level.

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

FreightWaves SONAR

DECEMBER 3, 2020

Collaboration means parties must share data in real-time. That includes compliance with the inbound freight routing guide and outbound activities. They sort through prior quotes, invoices and shipment data to check invoice accuracy. Put the right shipping analytics tools to work with freight data resources.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service. Outbound KPIs. Manufacturers need to set a base level using internal data and then measure the percentage change up or down against time.

Manufacturing Procurement 105

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

FreightWaves SONAR

FEBRUARY 24, 2021

The Ocean TEU Index measures booking requests for capacity, much like the Outbound Tender Volume Index (OTVI) does for domestic trucking. And it all begins with getting the right data sources and insights at your fingertips to navigate the freight market.

Price Reduction 92

Price Reduction Cost Reduction Sourcing Strategies Demo 92

FreightWaves SONAR

APRIL 19, 2021

This strategy is important, as 81% of greenhouse gases are made up of carbon dioxide, which comes from the combustion of fossil fuels like coal, natural gas and oil. As a carrier representative, you are mildly excited because the outbound market of Denver is more in your favor.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Material Savings Sourcing Strategies 52

Transporeon

SEPTEMBER 20, 2018

Demand for both outbound and inbound freight remains highest in the Southeast, Texas and Upper Midwest regions, with demand outpacing available carrier capacity. Adapt the freight allocation strategy to handle scarcity . Nearly half of U.S.

Price Reduction 101

Price Reduction Cost Reduction Resource Reduction Capacity 101

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

GlobalTranz

FEBRUARY 25, 2021

Like traditional outbound logistics, return logistics requires the careful planning of pick-ups and deliveries of products, however, the involvement of end-consumers in the process creates additional complexities. Integration with Supply Chain Partners will Improve Your Return Logistics Strategy. Imagine this scenario.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

GlobalTranz

JUNE 12, 2018

As explained by Dan Goodwill via Canadian Shipper, the problem goes much further than that, including lacking compliance management, subpar, if any, use of transportation management systems (TMS, and failure to utilize granular shipment activity data. Yet, the problem remains: shippers need to be able to fill an entire truckload.

Supply Chain Planning Software 60

Supply Chain Planning Software Freight Cost Reduction Price Reduction 60

GlobalTranz

FEBRUARY 7, 2018

We expand upon the supply chain technology trends we spoke about in the first part of this blog series, but let’s take a look at 5 more supply chain tech trends that will shape 2018. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.

Supply Chain Design Software 68

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Technology 68

GlobalTranz

JUNE 21, 2018

Let’s take a closer look at the problem with trying to manage over the road (OTR) modes through traditional, manual data entry and freight scheduling versus using a TMS. Paired with value-added services, a quality TMS can transform outbound and inbound logistics into a turnkey operation.

How To 48

How To Modeling Software Logistics Network Optimization Software Purchasing Skills 48

GlobalTranz

FEBRUARY 2, 2015

In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Each blog post written is distributed into groups that reach the supply chain community as well as professionals in manufacturing, transportation, distribution, and more. Editor’s Note: Cerasis is a 3PL focused on transportation management.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94

GlobalTranz

MAY 1, 2018

Data-driven analytics enables you to make cost-effective transportation decisions. However for most shippers, parcel spend is poorly understood because shipping data is often locked up in point solution silos, such as carrier-provided systems and websites, in a variety of different formats. DOWNLOAD WHITEPAPER. NEW WHITEPAPER.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

Logistics Bureau

OCTOBER 9, 2023

If you’ve followed our blog over the years, you’ll know that we’ve shared lots of information about distribution network design, why it’s vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

FreightWaves SONAR

AUGUST 14, 2023

High quality data connected in the right way can dramatically improve the speed that information propagates through an organization and accelerate the cadence of decisions. The Outbound Tender Reject Index measures the percentage of truckload shipments tendered by shippers that are rejected by carriers.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

FreightWaves SONAR

JANUARY 4, 2023

Seeing and understanding these shifts is critical for shippers planning their transportation strategies. . Tender data allows logistics leaders (think CPG, automotive, and food and beverage companies) to gauge raw market demand. At its core, tender data points to market dynamics.

Inbound 52

Inbound Capacity Cost Reduction Optimization Software 52

FreightWaves SONAR

APRIL 7, 2021

Chart of the Week : Van Contract Base Rate per Mile Initial, Van Outbound Tender Reject Index , Truckstop Average Van Spot Rate per Mile – USA SONAR: VCRPM1.USA, The traditional strategy of relying on leverage will probably not work as well this year. Price too low and risk paying spot market premiums of 30%-50%.

Negotiating Skills 98

Negotiating Skills Compliance Cost Reduction Trucking 98

Ship Monk

JANUARY 20, 2023

Complex MOQs To learn about these different types of MOQs, check out the full, in-depth article on our ecommerce blog here. Check out our blog, Scheduled Delivery Pending, Awaiting Delivery Scan, and Other Tracking Statuses Explained , to learn more. There are three main MOQ types: 1.) Product Level MOQ 2.) Order Level MOQ 3.)

eCommerce 52

eCommerce Inventory Reduction Material Savings Manufacturing Procurement 52

FreightWaves SONAR

SEPTEMBER 28, 2023

Supply chain diversification strategies help explain this pattern shift as companies try to move away from single sourcing practices,” Strickland explained. Nearshoring The coronavirus pandemic has spurred companies to diversify their supply chains in order to avoid facing the same challenges in the event of future disruptions.

Inventory Reduction 59

Inventory Reduction Freight Cost Reduction Manufacturing Procurement 59

FreightWaves SONAR

SEPTEMBER 28, 2023

Supply chain diversification strategies help explain this pattern shift as companies try to move away from single sourcing practices,” Strickland explained. Nearshoring The coronavirus pandemic has spurred companies to diversify their supply chains in order to avoid facing the same challenges in the event of future disruptions.

Inventory Reduction 52

Inventory Reduction Freight Cost Reduction Manufacturing Procurement 52

Automotive Logistics

JULY 13, 2018

In June, the OEM outlined a new strategy that includes ambitious targets for electric cars and autonomous vehicles, as well as a rapid rise in the volumes delivered through subscription contracts rather than sales. Every carmaker will need to fathom the supply chain implications of its strategy. . scenarios. . Areas of improvement.

Supply Chain Planning Software 43

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Scenario Planning 43