FreightWaves SONAR

MARCH 15, 2021

In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. Carriers will be able to see inbound and outbound stability on specific lanes.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. Whether you do or you don’t, this blog can help finetune your understanding of what SKUs can be utilized for, how to use them to grow your business , and best practices for this crucial part of inventory management.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

FreightWaves SONAR

JUNE 10, 2021

Measuring capacity is a key to maximizing margins/transactions for a broker, utilization for a carrier, and minimizing service and budgetary failures for shippers.The capacity trend indices show you which markets are tightening or loosening by the largest amounts by combining tender rejection rates and market balance of inbound and outbound loads.

Trends 52

Trends Capacity Outbound Inbound 52

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

Running a warehouse as a silo, for example using a spreadsheet, will not help sales when a customer asks for a quote, or the shop floor if they need to know what materials are available for a production run. For example, analyzing real-time production data to uncover hidden inefficiencies and implement changes faster. Download Now.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

Parade

JULY 15, 2019

Before starting his company, Johnson worked for a large brokerage, managing and fulfilling load opportunities the traditional way; no technology tools to grow and foster his business, just sheer grunt-work, phone trees, and a mental rolodex. For example, Load matching + business development: CSRs drive value to carriers and shipper customers.

Industry 60

Industry Logistics Network Optimization Software Tools Examples 60

FreightWaves SONAR

JULY 17, 2023

Third-party supply chain and freight market data has become an important tool for retailers, manufacturers and suppliers who want to redesign their networks, improve strategic planning, benchmark their transportation spend and the service they’re getting in return, and measure the efficiency of their facilities.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Supply Chains Data 52

EazyStock

MARCH 11, 2019

When she isn’t writing blog articles, she enjoys spending time in downtown Charleston, South Carolina and all the amazing food her hometown has to offer. If you can’t keep an accurate count of inbound, outbound, and in-stock inventory, it’s hard to keep everything else together. Give your employees the tools to succeed.

Optimization Software 40

Optimization Software Efficiency Supply Chain Software Inventory Reduction 40

FreightWaves SONAR

MARCH 2, 2021

With more agility and transparency, based on accurate data-driven choices, implementing essential visibility tools empowers shippers with practical foresight into predicting rate changes in real-time. Although these methods are foundational, they don’t provide the agility of real-time updates that supply chain visibility tools can accomplish.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

Logistics Bureau

OCTOBER 20, 2021

As an example of how illuminating the perfect order KPI can be, let’s look briefly at damage-free delivery as an example. For example, if the on-time percentage is 98%, the in full is 93%, the damage-free is 99%, and the orders with correct documentation is 96%, the calculation will look like this…. x 0.96 = 0.8661.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

AIMMS

JANUARY 24, 2019

Were you using other tools aside from spreadsheets, prior to using AIMMS? . Multiple departments are using AIMMS-based models for optimization now, including our planning and scheduling team, marketing, and inbound and outbound logistics. We were using point solutions in some units to carry out optimization, but not in all.

Optimal Sourcing 116

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 116

FreightWaves SONAR

JANUARY 5, 2021

For example, avoiding trips to areas with ample capacity might seem odd. But if you choose an O/D pair with higher outbound demand, finding a backhaul opportunity will be easier. New freight technology advances come in many varieties, but one of the best tools for carriers is automation.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

GlobalTranz

FEBRUARY 2, 2015

In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Each blog post written is distributed into groups that reach the supply chain community as well as professionals in manufacturing, transportation, distribution, and more. Example: A once/twice Weekly purchase order cycle.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94

SYSPRO Smarter ERP

AUGUST 22, 2022

The shift from oversupply to the current worldwide shortage has impacted raw materials, inbound logistics, the factory floor, and the outbound warehouse. This blog looks at some of the challenges facing the fabricated metal industry and solutions to assist manufacturers adapt to market demands and continue to thrive: 1.

Supply Chain Design Software 105

Supply Chain Design Software Manufacturing Procurement Optimization Software Optimal Sourcing 105

FreightWaves SONAR

AUGUST 14, 2023

But when supply chain leaders tackle these problems with digital tools, they find that resilience and responsiveness often go hand in hand. Here’s a small-scale, tactical example: a truckload shipment inbound to your distribution center is running late. Chart: FreightWaves SONAR. To learn more about FreightWaves SONAR, click here ).

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

Logistics Bureau

OCTOBER 9, 2023

If you’ve followed our blog over the years, you’ll know that we’ve shared lots of information about distribution network design, why it’s vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

Logistics Bureau

MAY 8, 2023

9: The Mistake of Environmental Nonchalance It’s easy to assume that inbound and outbound freight logistics don’t reconcile well with any drive for social responsibility or environmental friendliness. BOOK NOW If you’d like some help to improve your freight management, please book a free consultation call here.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

FreightWaves SONAR

MARCH 24, 2021

You see examples of this strategy in large brokerages today. Examples of portfolio diversity in the freight business. SONAR has the tools for you to watch for market indicators that will help you decide where and when to attack these international shipments. HOW TO USE MARITIME INDICES TO DIRECT CARRIER AND CUSTOMER SALES TEAMS.

Freight 72

Freight Price Reduction Cost Reduction Inventory Reduction 72

FreightWaves SONAR

NOVEMBER 30, 2020

For example, if there were 700 intermodal shipping containers moved between City A and City B in the past week, that lane shows a total ORAIL value of 100. ORAIL/IRAIL is the ultimate intermodal shipping volume tool. For example, for 53’ loaded containers between Los Angeles and Chicago use ORAIL53L.LAXCHI.

Purchasing Skills 59

Purchasing Skills Negotiating Skills Sourcing Strategies Freight 59

Parade

MAY 15, 2019

For example, they might be relying on verbal confirmation from a carrier who expressed interest in a specific opportunity. If no data exists in the TMS, use a separate tool of their choice such as; spreadsheets, notebooks, and sticky notes. Often, this leads sales reps chasing their tails.

Negotiating Skills 60

Negotiating Skills Freight How To After-sales 60

CLX Logistics

JUNE 1, 2020

While technologies such as transportation management systems, benchmarking tools, and reporting tools may be abundant, not all of them are suited to chemical shippers. Your engagement strategy is also instrumental in creating supply chain visibility — both outbound and inbound. These four tactics can help: 1.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Material Savings Cost Reduction 40