Locus

MARCH 4, 2024

In the fast-paced world of supply chain management, Transportation Management Systems (TMS) have become an indispensable tool for retailers seeking to optimize their transportation operations. This is what retailers thought. However, as time passed, new challenges surfaced.

Supply Chain Planning Software 52

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Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. Shipping the order The packaged orders are transported from the warehouse to the final customer destination during this stage. So there is no fixed rule for selecting the order fulfillment strategy. Let’s fill in!

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

FreightWaves SONAR

MARCH 2, 2021

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses.

Analysis 98

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FreightWaves SONAR

DECEMBER 30, 2020

Data-driven transportation management , including the checks and reviews that accompany healthy data management practices, are part of the process of getting the most out of the tech stack. And pre-emptive strategies that help isolate and address real-time problems will inevitably rely on real-time freight data and easy-to-access systems.

Supply Chain Planning Software 98

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FreightWaves SONAR

DECEMBER 4, 2020

Transportation analytics is rapidly evolving into the next age of discipline for the supply chain. From peaks and valleys in sales to highs and lows in income channels, transportation analytics can help managers, 3PLs and partners stay on the same page, focused and unified. Diagnostic analytics seeks to answer that question.

Transportation 80

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FreightWaves SONAR

APRIL 7, 2021

With decreasing carrier or trucking compliance come increasing transportation rates, which was reiterated several years ago by Inbound Logistics. Optimizing this function with so many uncertainties makes budgeting transportation spend a nightmare. The traditional strategy of relying on leverage will probably not work as well this year.

Negotiating Skills 98

Negotiating Skills Compliance Cost Reduction Trucking 98

FreightWaves SONAR

NOVEMBER 17, 2020

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . Part of that strategy lies in using the right transportation data, analysis and insightful reports, such as those provided within FreightWaves SONAR, to guide day-to-day operations.

Data 52

Data Sourcing Strategies Transportation Freight 52

FreightWaves SONAR

JULY 24, 2023

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. This sector covers important activities relating to procurement, transport, and storage of goods. Measuring performance with transportation KPIs and freight data is getting easier. Think about this.

Cost Reduction 105

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Blue Grace Logistics

SEPTEMBER 18, 2023

5 Steps To Defining A Successful Digital Transformation Strategy There are several steps to consider defining a successful digital transformation strategy: 1. The Customer Is King Digital transformation is all about the customer. Want a free BlueShip Demo? Digital transformation is a journey driven by a company’s goal.

Supply Chain Planning Software 62

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FreightWaves SONAR

MARCH 26, 2021

Benefits of intermodal shipping Intermodal shipping offers significant benefits across a variety of core transportation concerns. Increased overall safety during transport. Lower total transportation cost. More energy-efficient transport than the engines used only a “few years ago,” said Tucker. . Warehouse in transit.

Freight 97

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Locus

JANUARY 8, 2024

Here are five innovative strategies to transform this insight into higher profits. Enhance Efficiency with Strategic Cross-Fleet Utilization Efficient use of transportation assets is a cornerstone of cost-effective logistics. Enhanced retail logistics visibility is a formidable lever for profitability in the modern retail landscape.

Cost Reduction 52

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Locus

JULY 5, 2023

Furthermore, transportation often represents a significant cost center for shippers, thus elevating the optimization of fleet management to an operational imperative. Transporter Management: Regardless of whether you’re a shipper or carrier, managing your transporters effectively is a business imperative.

Optimization Software 52

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Locus

OCTOBER 6, 2023

Each return carries costs in transportation , warehousing, and restocking but adds zero to the revenue. Transportation glitches. Reactive Tactics: A lack of structured, data-driven strategies leads to inefficiencies in returns management. Schedule a Demo with Locus today! Operational mishaps.

Reverse logistics 52

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Freightos

FEBRUARY 28, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. It underscores that air carriers, freight forwarders, and shippers must remain agile, staying constantly aware of the full market opportunity with actionable market intelligence to create value in a competitive market.

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

FreightWaves SONAR

APRIL 13, 2021

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. Data and analytics can provide enlightening insights that can greatly improve transportation management.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

FreightWaves SONAR

APRIL 5, 2021

Managers don’t want to learn that they are essentially paying a higher transportation rate with one carrier when another freight carrier offers a much more competitive truckload rate. Risks come in many forms and shapes within freight transportation and management. Expand bidding strategies based on data-driven market insights.

Negotiating Skills 94

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GlobalTranz

FEBRUARY 24, 2015

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Luckily, this isn’t the case for transportation data. Accurate freight and transportation data is particularly important. Without hard data, you can’t take action.

Data 94

Data Transportation Cost Reduction Material Savings 94

FreightWaves SONAR

APRIL 1, 2021

Less-than-truckload shipping, also known as LTL shipping, is nothing new within the transportation and shipping industry, but it has become more of a game-changer in recent years with freight rate prediction. Major shippers and transporters have only so much space available to work within LTL shipping capacity. Request a SONAR Demo.

Negotiating Skills 98

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FreightWaves SONAR

JANUARY 19, 2021

As acuity increases, the risk of losses or damage to the transportation “body” increases. Those systems are like the individual lanes within the transportation industry. Broad market assumptions are great for broad strategies, but as everyone knows, the supply chain is rarely that simple. Request a SONAR Demo.

Supply Chain Planning Software 98

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FreightWaves SONAR

MARCH 22, 2021

Failures to understand the severity of the problem can quickly amount to massive waste across different sectors, particularly in transportation procurement and execution. . In other words, a lack of accurate and insightful data means it’s even more challenging to find the best transportation rate. Request a SONAR Demo.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

FreightWaves SONAR

APRIL 20, 2021

This becomes especially significant for the carbon footprint of companies in transportation, logistics and supply chains, including the added expenses associated with reefer during the warmer months. Increase your use of rail transport to lower costs One way to lower costs over the short- and long-term lies in the use of rail transportation.

Cost Reduction 97

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FreightWaves SONAR

FEBRUARY 18, 2021

Utilizing applied technology helps freight management reduce issues during transportation that cause drivers and companies to lose money. Increased route optimization to speed transportation. Become a stronger asset-based carrier with freight tech-driven hiring and retention strategies through freight data. Request a SONAR Demo.

Waste Reduction 97

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Locus

FEBRUARY 2, 2024

And when it comes to managing your logistics and transportation operations, having a cutting-edge Transportation Management System (TMS) is the key to success. In this rapidly changing world, where customer demands and market dynamics are constantly shifting, the ability to adapt and optimize your logistics strategy is paramount.

Optimal Sourcing 52

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FreightWaves SONAR

MARCH 23, 2021

Empty miles mean that a freight spends time on the road while not transporting any product. Consider the impact of other modes on trucking and how that will affect your shipping strategy Shippers can also benefit from the consideration of other modes of trucking. Request a SONAR Demo. Request a SONAR SCI Demo.

Resource Reduction 98

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FreightWaves SONAR

JANUARY 6, 2021

But transportation optimization , knowing when to tender freight, take advantage of company-owned assets, and outsource are other issues. The world of transportation sourcing and management is only getting more complicated. Request a SONAR Demo. They must manage replenishment, returns, supplier contracts and much more.

White Paper 59

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FreightWaves SONAR

DECEMBER 8, 2020

Therefore, enterprises need to know how to apply transportation data to increase on-time shipping performance. . Improved on-time shipping performance begins with effective transportation benchmarking. Get your team on board with new strategies. Transportation analytics are other ways to improve performance.

Data 82

Data Resource Reduction Cost Reduction How To 82

Locus

OCTOBER 12, 2022

Production and transportation activities are energy-intensive, but this also means the potential for implementing greener practices lay here. Business and supply chain executives are also incentivized to spread awareness and come up with sustainable strategies. Download the Ebook. How does a sustainable last mile aid businesses?

Material Savings 52

Material Savings Optimal Sourcing Sourcing Strategies Cost Reduction 52

FreightWaves SONAR

MARCH 16, 2021

Many of those benefits come directly from the foresight afforded by predictive analytics, which according to Transport Topics , “is becoming increasingly familiar within the trucking industry as fleets look to make better use of the data collected by their back-office and onboard systems.” Request a SONAR Demo.

Expense Reduction 93

Expense Reduction Price Reduction Data Capacity 93

FreightWaves SONAR

JANUARY 7, 2021

Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through good and bad times. Poor tender acceptance strategies. Get started by requesting a FreightWaves SONAR demo or clicking the button below. Request a SONAR Demo. Lackluster communication with shippers.

Supply Chain Software 98

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FreightWaves SONAR

FEBRUARY 26, 2021

Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction. Since transportation is literally a fuel-consuming industry, knowing the fuel changes and trends will go a long way to improve trucking profitability. Request a SONAR Demo.

Trucking 96

Trucking Price Reduction Freight Cost Reduction 96

FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. When the freight market meets expectations and is less volatile, it is easy for shippers and carriers to not look at inefficient processes or their transportation procurement strategy.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

FreightWaves SONAR

NOVEMBER 12, 2020

Transportation costs are among the most critical of these. Since a freight broker’s whole business is transportation, the risks and losses are more severe than most. Avoid these challenges with a technology-driven freight broker management strategy. Request a SONAR Demo. They already operate on razor-thin profit margins.

Supply Chain Software 98

Supply Chain Software Optimization Software Logistics Network Optimization Software Freight 98

FreightWaves SONAR

MARCH 4, 2021

Truckload freight and transportation costs make up a large part of most logistical spending for shipping companies across the country. That’s even more true since transportation capacity, indicated by LMI.TPCP, is at 46.34, well below prior years’ averages in the above image. Request a SONAR Demo.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

FreightWaves SONAR

DECEMBER 11, 2020

Subscribers receive near-time market intelligence to improve pre-RFP strategy analysis and can identify new market opportunities with little to none native, historical data. Fast Company, the Chicago Tribune, Transport Topics and Ernst & Young for its innovations, growth and environment. Get a Demo of SONAR's Lane Scorecard.

Video 98

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FreightWaves SONAR

FEBRUARY 25, 2021

Automation continues to prove its value in building transportation and freight management relationships. Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. Request a SONAR Demo.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

Locus

JUNE 16, 2023

Last-mile delivery is the crucial stage of transporting goods from the retailer’s transportation hub to the ultimate delivery destination. Read also: How to Calculate the Cost of Transport 2. Thus, businesses should enhance their delivery services without hurting their profit margins.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Locus

APRIL 3, 2023

This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. The use of transportation management systems (TMS) for last-mile delivery is expected to grow at a CAGR of 16.2%

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52