FreightWaves SONAR

FEBRUARY 1, 2021

By utilizing these benchmarking metrics, carriers find themselves better equipped to recognize which strategies will best benefit their business. KNOW WHEN TO OUTSOURCE LOADS TO REGIONAL AND LOCAL CARRIER NETWORKS. Knowing when to outsource loads has proven to enhance operational trucking costs and subsequently boost carrier revenue.

Data 76

Data Price Reduction Cost Reduction Expense Reduction 76

Locus

MAY 9, 2023

Automated Carrier Selection: Many retailers outsource deliveries instead of captive fleets. By implementing these top strategies, retailers can significantly reduce last-mile costs and achieve positive business outcomes. Book a Demo Today! The Trillion-Dollar Question appeared first on Locus Blog.

Cost Reduction 52

Cost Reduction Expense Reduction Resource Reduction Vendor Strategies 52

Locus

MARCH 13, 2024

Now with an outsourced fleet, retailers cannot track the performance of these carriers and have to rely on whatever the third party tells them and of course time of delivery.

How To 52

How To Cost Reduction Vendor Strategies Inventory Reduction 52

Ship Monk

JUNE 16, 2022

If your eCommerce business is leasing space, the more organized the warehouse, the less space you need and the lower your holding costs (learn more about holding costs in our blog about the Economic Order Quantity (EOQ) Formula ). Common Warehouse Slotting Strategies. There are many strategies for slotting products in a warehouse.

Cost Reduction 52

Cost Reduction Inventory Reduction Resource Reduction eCommerce 52

FreightWaves SONAR

JANUARY 19, 2021

Expand your outsourced capacity base The beat of logistics follows a peak and lull cycle. Expansion of your network through outsourcing is the only thing that can add capacity when demand suddenly soars. Request a SONAR Demo. This will help build and solidify the relationship over time.” Download the White Paper.

Cost Reduction 98

Cost Reduction Supply Chain Planning Software Optimization Software Trucking 98

FreightWaves SONAR

FEBRUARY 5, 2021

Some of the top costs within trucking include fuel costs, outsourced brokerage payments, supplier costs, idle time, insurance and more. Such indices offer information regarding maintenance expenses, empty mile percentages, operating ratios, and many other opportunities to lower freight spend through proactive pricing strategies.

Expense Reduction 105

Expense Reduction Cost Reduction Price Reduction Waste Reduction 105

FreightWaves SONAR

MARCH 4, 2021

There are also recent economic impacts such as rising fuel costs, the global recession, supplier bases that have shrunk or moved off-shore, as well as increased competition from low-cost outsourcers. Thankfully, there are several transportation strategies and simple steps available to management to help reduce costs.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

FreightWaves SONAR

MARCH 25, 2021

While shippers may wish to reenter freight bidding strategies are negotiations to account for disruptions, insight into market volatility can further prove valuable for managing everyday activities, including when moving freight to the spot market may be lucrative. Request a SONAR Demo. Request a SONAR SCI Demo.

Optimal Sourcing 97

Optimal Sourcing Negotiating Skills Resource Reduction Expense Reduction 97

FreightWaves SONAR

FEBRUARY 16, 2021

Freight intelligence tools help management develop a more unified freight strategy. As a result, more companies have turned to outsourcing and establishing new and lucrative business relationships to achieve their goals and basic needs. Request a FreightWaves SONAR demo by clicking the button below. . Request a SONAR Demo.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

FreightWaves SONAR

NOVEMBER 19, 2020

This is incredibly challenging, considering today’s global supply chains are built on a foundation of increased complexity, globalization, outsourcing, trading partners, geopolitical tensions, trade wars, and risk. However, AI can provide a pathway toward more proactive, responsive management strategies. Request a SONAR Demo.

Supply Chain Software 105

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 105

Locus

SEPTEMBER 14, 2021

E-commerce is among the most promising omnichannel retail strategies. In the past few years, retailers have seen the mushrooming of a variety of alternatives to outsource their deliveries, ranging from carriers of smaller scale to crowdsourced shipping. . for the United States in 2020. Some countries such as the UK saw close to 4.5X

Negotiating Skills 52

Negotiating Skills Optimization Software Supply Chain Planning Software Cost Reduction 52

Locus

MARCH 4, 2024

By integrating TMS into their operations, retailers can not only improve efficiency but also drive innovation and make data-informed decisions that enhance their overall supply chain strategy. Book a demo to know more! This is what retailers thought. However, as time passed, new challenges surfaced.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Cost Reduction Expense Reduction 52

FreightWaves SONAR

DECEMBER 10, 2020

However, the last-mile delivery was provided by an outsourced partner. A good descriptive analytics strategy lets you easily use the data to drill down to meaningful details.” Click the button below to learn more about the power of data analysis by request a free SONAR demo. . Request a SONAR Demo. Imagine this scenario.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Freight Resource Reduction 52

FreightWaves SONAR

JANUARY 8, 2021

Analytics-driven processes are the go-to strategies for all freight management parties that seek to increase profitability. And as a parting thought from eCapital Freight Factoring , “ freight KPIs should match your company’s strategy and goals. Request a SONAR Demo. That should sound extremely familiar.

Expense Reduction 104

Expense Reduction Price Reduction Freight Purchasing Skills 104

The Logistics of Logistics

MARCH 14, 2023

This blog will delve into the modern delivery compliance considerations as they apply to logistics and supply chain, specifically around SOX and SOC. The SOC 2 report gives customers insight into OneRail’s information security strategy and the steps taken to maintain compliance with the latest privacy, security and confidentiality standards.

Compliance 195

Compliance Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 195

FreightWaves SONAR

JANUARY 12, 2021

A successful freight pricing strategy is not as simple as it sounds. How to leverage data to future-proof your trucking company pricing strategy. In that case, it is possible to derive a few best practices that allow carriers to future-prove their carrier freight pricing strategies. Think about it. What are you waiting for?

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

FreightWaves SONAR

JANUARY 22, 2021

And an advanced WMS can use preconfigured tools and resources to introduce robotic picking systems, proactive replenishment strategies, and faster pick-to-carton processes with embedded warehouse KPIs too. Request your FreightWaves SONAR demo here or by clicking the button below. Request a SONAR Demo.

Supply Chain Software 59

Supply Chain Software Logistics Network Optimization Software Resource Reduction Sourcing Strategies 59

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. Only then can you establish ideal pricing strategies and discounts. Could outsourcing to a third party logistics (3PL) provider help? What were your best-selling products? Did you make money or lose money?

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

FreightWaves SONAR

MARCH 19, 2021

Yet, knowing how stable the market is – its opposite of volatility – can play a huge role in deciding when to consider new mini-bids, when to rethink existing carrier contracts, and when to take other steps, like outsourcing transportation procurement as a whole. Request a Lane Acuity demo to get started. . Request a SONAR Demo.

Negotiating Skills 11

Negotiating Skills Optimal Sourcing Buyer Training Procurement 11