FreightWaves SONAR

APRIL 15, 2021

Aside from the implementation of automated technology and digital tools, one of the most significant shifts in the shipping and transportation industry focuses on reduced emissions. Higher expenses when purchasing new vehicles and equipment to comply with legal regulations and laws. Request a FreightWaves SONAR demo to get started. .

Material Savings 52

Material Savings Waste Reduction Expense Reduction Resource Reduction 52

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. Formula : maintenance expense / total miles.

Optimization Software 98

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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

OCTOBER 27, 2023

According to the 2023 InMobi Festive Season Report, 84% of Indian consumers revealed a spike in their online shopping budgets compared to just a year ago. Additionally, a comprehensive report from Ernst and Young showcases that a noteworthy 31% of Indian consumers place experience at the forefront when deciding where to spend.

Optimization Software 59

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Locus

DECEMBER 23, 2022

Not only this, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. Retailers need to have efficient contract management tools to manage carriers better. Data analytics solution: Leveraging a logistic solution that provides insights post every delivery to make future deliveries better.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimization Software 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. It removes the need for manual spreadsheets and provides easy-to-access reports and data. Determining the right stock levels to meet demand is vital for customer satisfaction.

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. It removes the need for manual spreadsheets and provides easy-to-access reports and data. Working out the right stock levels to meet demand is vital for customer satisfaction.

Supply Chain Planning Software 52

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

EazyStock

DECEMBER 13, 2021

Help Avoid Stockouts with a Simple Risk of Stockout Report. For example, with the risk of stockout report, you could choose to set out-of-stock alerts at 50% of your safety stock, so ‘out of stock’ will be when you only have 50% of your safety stock left (so you know you have a little extra as a back-up).

Inventory 52

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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

FreightWaves SONAR

DECEMBER 14, 2020

The DHL Supply Chain Power Pricing Index (DHLPPI.USA) is a weekly analysis produced by the FreightWaves Freight Intel Group using freight data and freight analytics in SONAR and other sources to estimate the current pricing power dynamics between shippers and carriers. Keep ahead of the freight pricing control by purchasing & using SONAR.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Price Reduction Freight 52

EazyStock

DECEMBER 13, 2020

Effective supply chain forecasting requires a mix of both quantitative forecasting (using historical sales data to predict future demand) and qualitative forecasting (using subjective opinions from sources such as industry reports or feedback from sales teams or customers). Prepare your Supply Chain for 2021 Challenges.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

EazyStock

JANUARY 4, 2021

However, having control over every inventory item often ends up being a time-consuming and frustrating endeavor for most inventory teams, as they rarely have the right tools in place to get the job done well. This is where an inventory optimization tool comes into play. More than Just Inventory Optimization.

Inventory Reduction 52

Inventory Reduction ERP Inventory Optimization Software 52

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? Now that we’ve established that social proof is an important tool for influencing consumer behavior, it follows that smart ecommerce companies can, and should, take advantage of these natural biases. That’s a mind-blowing statistic.

eCommerce 89

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 89

Locus

JANUARY 8, 2024

What’s more, nearly a fifth are at the forefront, harnessing advanced tools like control towers and analytics to maintain their competitive stance. Echoing this movement, McKinsey spotlights how adopting advanced analytics in distribution retools the daily workflows of frontline staff, boosting retention by 15%.

Cost Reduction 52

Cost Reduction Expense Reduction Resource Reduction Logistics Network Optimization Software 52

Locus

APRIL 6, 2023

Advanced analytics: Locus’ data analytics solution transforms post-execution data into actionable insights, displayed on dashboards, to continually enhance future deliveries. SAP A long-time industry player SAP’s solutions leverage advanced analytics and machine learning to optimize supply chains and drive data-based decisions.

Supply Chain Design Software 52

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Supply Chain Software 52

Locus

JULY 28, 2022

A delivery management software is a tech tool that automates, streamlines and digitalizes the end-to-end last-mile logistics processes. As delivery management determines customer satisfaction, it is necessary to have a tech tool like delivery management software. It is the hows that guide your purchasing decisions.

Optimization Software 52

Optimization Software Modeling Software Definition Logistics Network Optimization Software 52

Locus

MARCH 20, 2023

The modern customer is aware of their needs and possesses the knowledge and skills to efficiently utilize information and tools to fulfill them. The survey conducted by MetaPack highlights that more than 90% of customers consider delivery a crucial factor when making online purchases.

Efficiency 52

Efficiency Optimization Software Supply Chain Planning Software Cost Reduction 52

Locus

JUNE 23, 2022

The gap between online and offline channels has reduced Customers using multiple devices before attempting a purchase The increasing number of touchpoints to buy a product Retailers want to own the customer experience and build a direct relationship with customers. Schedule Demo. Challenges in the last mile for omnichannel retailing.

Eliminating Excel in Purchasing 52

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Locus

FEBRUARY 15, 2022

Rising last-mile delivery costs Poor logistics visibility Inaccurate calculation of Expected Time of Arrival (ETA) Inadequate route planning Delayed deliveries Usage of outdated delivery tools and technologies Failed and missed deliveries. appeared first on Locus Blog. Improve delivery speeds. What do customers want?

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Supply Chain Software 52