Remove Blog Remove Demo Remove Sourcing Strategies Remove Trends
article thumbnail

Advancing Transportation Procurement: The Shift From Spreadsheets to Software

FreightWaves SONAR

This not only makes the process more efficient, but also reduces the likelihood of errors and enhances productivity. By aggregating and analyzing historical bid data, shippers can identify trends, benchmark performance and forecast future transportation costs more accurately.

article thumbnail

5 more truckload shipping strategies for enterprise shippers

FreightWaves SONAR

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. It’s that simple.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

Moreover, Supply & Demand Chain Executive explains , “Developing a point-of-departure strategy for partial and LTL shipments can give small and medium-size businesses delivery costs comparable to the mega shippers. Stated simply, it is the process of combining freight from multiple shippers to build more efficient full truckloads.

article thumbnail

Truckload rates: Using data predict and prepare spot vs. contract bids and RFPs

FreightWaves SONAR

Tracking market trends within truckload rates relies heavily on data and analysis. However, the spot market often is just as beneficial and dynamic for helping shippers find a way to rapidly source capacity; although it can be harder to discern at times without accurate data-driven insights. Request a SONAR Demo.

article thumbnail

Supply Chain Intelligence: The Value of AI and Machine Learning to Predict Freight Rates

FreightWaves SONAR

Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. Yes, AI and machine learning build on algorithms to isolate historical trends and derive a likely transportation rate. Request a SONAR Demo. But this is 2020.

article thumbnail

How do rising interest rates and inflation affect global supply chains?

EazyStock

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates.

article thumbnail

Spoilt for Choice: Now Pick from Multiple Shipping Options at Checkout

Locus

And if you’re a business that is looking to grow, making on-time deliveries, keeping up with customer trends and preferences, delivering exceptional customer experience in the first attempt will be on the top of your list. Higher drop density and better resource utilization mean increased efficiency, fewer vehicles and less time on the road.