FreightWaves SONAR

JANUARY 25, 2021

The Maintenance Expense per Mile (MAINT) index captures the total maintenance expense, reported by participating carriers during a given month, expressed on a per-mile basis. The expense reported is specific to the maintenance of company-owned trucks, and company fleet-allocated trailers. Maintenance Expense per Mile (MAINT).

Optimization Software 98

Optimization Software Optimization Trucking Expense Reduction 98

Locus

MAY 25, 2022

Take last-mile deliveries for example. But today, nothing can be more heartbreaking to a customer than a business breaking its delivery promise on their prized purchases. It gives them an experience of the product before purchasing. And how they have been changing! – Important delivery criteria in the U.S. 2021, Statista.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

EazyStock

DECEMBER 13, 2021

Help Avoid Stockouts with a Simple Risk of Stockout Report. For example, when there is only a day, a week or a month’s worth of stock left, based on the item’s average sales. If demand and lead times are consistent, you could update your report once a week, maybe less. Start simple by working out your ‘number of stock days’.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

FreightWaves SONAR

JANUARY 5, 2021

While descriptive analytics can help carriers understand what happened, knowing when to refuse loads or charge a higher cost can be difficult. Quite simply, it costs money to ship freight and the amount can vary significantly by region, zone, mode and more. Debt and interest payments are not included in these costs.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

Locus

FEBRUARY 27, 2023

Before that, he wanted to purchase a pair of shoes from a nearby store. Time to value is the time customers spend to derive value from the purchased product. This time between purchasing the shoes and deriving value from them is what we call business as the time to value. But we are not going to talk about it now.

Optimization Software 52

Optimization Software Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills 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. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. This allows you to look at your company’s strengths and weaknesses against those trends before predicting potential performance. Losing multiple customers will significantly impact revenue.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. This allows you to look at your company’s strengths and weaknesses against those trends before predicting potential performance. Losing multiple customers will significantly impact revenue.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

Shipchain

APRIL 2, 2019

For example, blockchain can leverage ELD data to refine the estimated time of arrival for deliveries, reports Finextra. More data amounts to greater use in big data analytics, which empowers informed decision-making processes. Learn more about our blockchain-based solution by requesting a demo from us today.

Manufacturing Procurement 49

Manufacturing Procurement Supply Chain Design Software Procurement Solutions Supply Chain Software 49

FreightWaves SONAR

MARCH 12, 2021

It is important to understand the risks of running a trucking company and to research the best way for your company to incorporate equipment into your business model. In this SONAR example, I want to focus on the decision of when to start a trucking company and more importantly, what type of equipment would be best to use. .

Purchasing Skills 90

Purchasing Skills Modeling Software Procurement Analytics After-sales 90

EazyStock

DECEMBER 13, 2020

Maybe you need to diversify your supplier network to cover any supplier closures or increased logistical/delivery costs. Maybe you need to minimize your excess stock to free up working capital to cover incoming costs. For example, did you take out a loan through the Paycheck Protection Program ? Improve Demand Forecasting.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

Locus

JUNE 23, 2023

In-house In-house order fulfillment, also called self-fulfillment or merchant fulfillment, is a model in which businesses manage order fulfillment activities with their internally owned resources. This hybrid model approach is suitable for companies prioritizing flexibility in order fulfillment.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Locus

MARCH 27, 2024

Instead of every order piling onto the delivery system, customers become willing participants in the logistics chain, picking up their purchases at their convenience. Take XYZ Retail for example, juggling 100 diverse orders ranging from on-demand to next-day deliveries. Schedule a demo with us!

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

EazyStock

JANUARY 4, 2021

It does this by classifying every inventory item based on it’s demand type, it’s demand volatility, its pick frequency, it’s cost to sell and the target service level you wish to achieve. This list can be manually checked by your team or sent automatically to Acumatica, ready to be used as purchase orders.

Inventory Reduction 52

Inventory Reduction ERP Inventory Optimization Software 52

FreightWaves SONAR

NOVEMBER 9, 2020

For example, ULSDR.CHI shows the average wholesale price of diesel in the Chicago market while ULSDR.USA shows the average wholesale price of diesel nationally. For example, the Atlanta market is supplied with diesel by Colonial Pipeline, which runs from the Houston area to the New York region. Request a SONAR Demo.

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

FreightWaves SONAR

APRIL 27, 2021

For example, Shipper X (an aggregation of two household-name CPG companies) uses intermodal for ~90% of its dry loads in a number of dense long-haul lanes. As a result, we have avoided discussing the denest intermodal lanes like LA to Chicago and LA to Dallas in this report. . Request a SONAR Demo.

Picking 52

Picking Purchasing Skills Sourcing Strategies Outbound 52

EazyStock

AUGUST 9, 2022

Automated processes from distribution software make it quicker and easier to provide reports and highlight changes in the market. This software enables procurement managers to forge close links with their suppliers and manage the whole procurement process. Improved efficiency. Supplier relationship management (SRM) software.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

Locus

APRIL 29, 2022

It may not require upfront capital investment but it has to deal with rising average delivery cost per order as it’s business requirements increase. Accountability The accountability of the workforce is higher for in-house fleets as they directly report to you. Schedule a Demo.

Outsourcing 52

Outsourcing Optimization Software Cost Reduction Logistics Network Optimization Software 52

Freightos

JULY 11, 2017

For example, there are over 100,000 companies that sell over $100,000 worth of goods annually. Interestingly enough (and as hard as it is for a tech blog to admit this), new opportunities don’t always need new technology. In other words, if smaller shippers aggregate demand, they climb the ladder to better purchasing power.

Purchasing Skills 62

Purchasing Skills Price Reduction Cost Reduction Manufacturing Procurement 62

Locus

JUNE 21, 2022

Everything from your grocery delivery in a matter of minutes, to the television set you purchased online that was delivered with utmost care is an example of efficient last-mile delivery. According to this news report , 65% of US consumers said they would pay more for faster deliveries that were more reliable. Schedule Demo.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Sourcing Strategies Optimization Software 52