Blue Grace Logistics

OCTOBER 9, 2023

Cassidy | JOC.com September 25, 2023 US shippers uncertain about sales and order volumes this holiday season are likely to increase less-than-truckload (LTL) shipments despite lower truckload rates, data from an industry survey suggests. Seasonally adjusted data for merchant wholesalers showed a 1.39 31 earnings call. a year ago.

Inventory Reduction 62

Inventory Reduction Price Reduction Resource Reduction Cost Reduction 62

WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management?

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Inventory Reduction Price Reduction Cost Reduction Ordering 52

FreightWaves SONAR

JANUARY 28, 2021

Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis.

Waste Reduction 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

Blue Grace Logistics

FEBRUARY 29, 2024

Webinars Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search Adam White - February 29, 2024 LinkedIn Live Webinar On-Demand: Transportation Cost: The impacts & how to gain visibility to the right data What’s the Topic? Do you have more questions about this logistics topic?

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Freightos

FEBRUARY 28, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Traditional fixed-price contracts, once the bedrock of stability, are yielding to the pressures of market dynamism, unable to keep up with the factors impacting the markets. Get Your Custom Report Now!

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Negotiating Skills Price Reduction Vendor Strategies Optimal Sourcing 62

FreightWaves SONAR

APRIL 7, 2023

Tailor a mini-bid strategy that plays to your strengths and protects your weaknesses. Truckload spot prices can move up or down by 40% within a single calendar year. Second, more data and technology is available to help shippers and their supply chain partners benchmark and optimize networks.

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Cost Reduction Price Reduction Strategy Freight 52

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

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Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

The Logistics of Logistics

JUNE 28, 2023

We deliver the reliability brands have come to count on, while offering freedom from egregious price increases, hidden accessorial fees, and lackluster support often seen from legacy providers. Maergo has a comprehensive network of providers, eliminating the need for brands to manage multiple carriers.

Logistics Network Optimization Software 340

Logistics Network Optimization Software Price Reduction Expense Reduction Cost Reduction 340

FreightWaves SONAR

FEBRUARY 29, 2024

Housing starts are calling for lumber kits, industrial purchasers are ordering products for their projects, and construction companies are planning their moves and strategies for the year. Shippers often manage transportation for these projects with historical data, bids from trusted carriers and a lot of guesswork.

Purchasing Skills 59

Purchasing Skills Data Sourcing Strategies Trends 59

Logistics Viewpoints

APRIL 6, 2023

By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency. The common goal for all categories of product is that they must be available at the right time, right quantity and right prices.

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Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 121

FreightWaves SONAR

APRIL 6, 2021

Figuring out how to improve annual request for proposal (RFP) bidding strategies remains elusive for many shippers, especially in the context of knowing when to expand the network to leverage freight consolidation. The process typically starts with gathering data from their freight payment provider or system.

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FreightWaves SONAR

FEBRUARY 25, 2021

However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Shippers may not track this data independently.

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Freightos

NOVEMBER 15, 2023

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU. Europe prices (FBX11 Weekly) increased 11% to $1,381/FEU.

Price Reduction 105

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 105

FreightWaves SONAR

JANUARY 25, 2021

It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.

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Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

FreightWaves SONAR

MAY 17, 2023

Logistics is a complex and swift-changing industry, and decision makers need to be armed with accurate data – and actionable insights – when navigating the evolving landscape. Shippers understand the importance of data. In fact, SONAR SCI customers reduce transportation costs by 4-10% on average. “It

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Price Reduction Cost Reduction 52

Freightos

NOVEMBER 7, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU. Europe prices (FBX11 Weekly) increased 18% to $1,249/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 13% to $1,551/FEU.

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Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 116

Freightos

APRIL 25, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. The Air Cargo Context Given its premium price, air cargo has historically been reserved for higher-cost, lower-volume products, avoiding the lower-margin, higher-volume products that Shein and Temu focus on.

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Cost Reduction Cargo Price Reduction Resource Reduction 91

SYSPRO Smarter ERP

JUNE 5, 2023

It’s common that manufacturing and distribution enterprises would use a third-party Business Intelligence (BI) solution to analyze and interpret data from their ERP system. One of the key strategies is leveraging embedded analytics within their ERP system to make faster data-driven decisions.

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Optimization Software ERP Price Reduction Cost Reduction 98

FreightWaves SONAR

NOVEMBER 28, 2023

FreightWaves SONAR recently unveiled an update designed to give users new ways to analyze data — especially pricing data. The FreightWaves Trusted Rate Assessment Consortium (TRAC) includes forward-thinking transportation companies that provide daily transaction data to FreightWaves.

Optimal Sourcing 59

Optimal Sourcing Price Reduction Supply Chain Design Software Supply Chain Planning Software 59

FreightWaves SONAR

MARCH 26, 2024

This is where being able to monitor tender data at the market level can become your secret superpower. Tender data uniquely uncovers greater visibility into volumes and supply/demand metrics where seasonal impacts will make an impact. Companies have leaned on historical data and load board rates for years to manage produce seasons.

Supply Chain Planning Software 52

Supply Chain Planning Software Negotiating Skills Data Scenario Planning 52

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

Data is a crucial component of digital transformation in the manufacturing sector. However, data in itself is not a value driver. Many manufacturers aren’t maximizing the value from enriching data and missing out on opportunities to grow, optimize or manage risk. Share data for partnership and growth.

Manufacturing Procurement 105

Manufacturing Procurement Data Modeling Software Optimization Software 105

SYSPRO Smarter ERP

MAY 2, 2024

Although machine learning models have been in place for some time, they are now becoming much more prevalent because of the high volumes of data in ERP systems. AI also enhances manufacturers’ ability to collect, aggregate and analyze sensor data in real time for production analytics.

ERP 52

ERP Supply Chain Planning Software Modeling Software Optimization Software 52

FreightWaves SONAR

JANUARY 12, 2021

As demand for e-commerce accelerated, notes John Koetsier of Forbes , trucking carriers gained extreme favor in pricing power. In turn, carrier freight pricing guidance must be attuned to the fluctuations within individual needs, and that’s despite the use of end-to-end trucking analytics. At the same time, data is not created equally.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

EazyStock

MARCH 10, 2023

As we navigate a cost-of-living crisis that has seen prices and inflation soar, budgets are becoming tighter at home and work. To prevent drastic decreases in profitability or increases in debt, finance teams are scrutinizing budgets and balance sheets to find areas to cut to make savings.

Cost Reduction 52

Cost Reduction Inventory Reduction Optimization Software Expense Reduction 52

Freightos

FEBRUARY 22, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,764/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,764/FEU. Europe prices (FBX11 Weekly) fell 2% to $4,587/FEU.

Price Reduction 71

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 71

Freightos

JANUARY 15, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. It may be off a lower-than-normal base price but for importers and exporters suffering from lower sales, it’s almost certainly troubling news. The regression in pricing wasn’t just due to lower demand.

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Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 117

Freightos

NOVEMBER 28, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $2,362/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $2,362/FEU. Europe prices (FBX11 Weekly) fell 6% to $1,211/FEU.

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Negotiating Skills Price Reduction Vendor Strategies Resource Reduction 80

Logistics Bureau

SEPTEMBER 4, 2023

If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. Process Performance What if the problem isn’t connected to products, customers, or pricing but lies instead with process performance? Are Your Profit Margins Declining?

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

Freightos

FEBRUARY 28, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. With more easily accessible data and bookings, alternatives to, yes, historically alternative routes suddenly become far more viable. In other words, ocean cargo costs would cost about $0.21/kilogram

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

The Logistics of Logistics

MAY 15, 2023

Knowing about her blogging side hustle, the executive team allowed her to take on the additional responsibility of the company’s digital marketing initiatives where over the course of 5 years, orchestrated two website redesigns, implemented an inbound marketing initiative, and established a sales outreach plan. 00:36:05] Starting a Podcast.

Logistics Network Optimization Software 287

Logistics Network Optimization Software Supply Chain Planning Software Logistics After-sales 287

Locus

JUNE 16, 2023

Fuel costs: Last-mile fuel costs require careful management as they make up 25% of a truck’s operational costs over volatile price fluctuations. Read also: A Study of Unit Economics in Last Mile Delivery Is it essential to reduce last-mile delivery costs for vehicles? These include: 1.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

SYSPRO Smarter ERP

AUGUST 28, 2023

In today’s digitalized world, manufacturers must keep pace with the rapidly evolving technology landscape to remain competitive, agile, and to protect their electronic assets such as data. Updated ERP releases offer embedded analytics capabilities, integrating intelligence and data directly within the ERP system.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimization Software ERP 98

FreightWaves SONAR

MARCH 16, 2021

Companies with access to accurate near-real-time data not only improve their operations; they also gain the ability to depict the current state of the trucking market. These accurate depictions of the market come from the tracking of data. Businesses that have better access to more data have distinct advantages.

Expense Reduction 93

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Freightos

APRIL 16, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Judah Levine April 16, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $3,288/FEU. America weekly prices increased 69% to $6.17/kg

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Blue Grace Logistics

MARCH 17, 2022

High priced diesel fuel impacts the total cost of transportation through fuel surcharges. How high diesel prices may change future freight procurement strategies. How high diesel prices may change future freight procurement strategies. Reduce Deadhead (DHD) Miles. BlueGrace can help. Why is this?

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Cost Reduction Price Reduction Expense Reduction Waste Reduction 62

The Logistics of Logistics

SEPTEMBER 19, 2022

By incorporating telematics and dash cam data from its customers into its integrated risk management model, HDVI is able to select, price, manage, and retain risk more accurately and efficiently than incumbent commercial auto insurance providers. Learn More About The HDVI Story. Chuck’s LinkedIn. HDVI LinkedIn.

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GlobalTranz

OCTOBER 19, 2016

Editor's Note: This is a blog from our friend Augie Grasis who shows us how big data can work to our advantage with dynamic freight pricing. One of the big buzzwords in many industries is “Big Data.” One example of the utilization of Big Data is dynamic pricing of LTL freight.

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