FreightWaves SONAR

APRIL 25, 2023

When operating minibids or short-term RFPs, or when pricing individual loads, it is important to understand the directional movement of freight trends in order to be proactive in your pricing strategy. New features are available in Market Dashboard+ that help users quickly identify trends and market movement.

Negotiating Skills 52

Negotiating Skills Price Reduction Supply Chain Planning Software Outbound 52

FreightWaves SONAR

MARCH 30, 2021

Data-driven lane and contract management boost compliance rates Inbound and outbound freight logistics are both critical parts of the modern supply chain’s freight market , though each one has been managed quite differently. How those data-driven strategies and game plans are implemented makes all the difference in the world.

Compliance 98

Compliance Supply Chain Software Supply Chain Planning Software Data 98

FreightWaves SONAR

FEBRUARY 26, 2021

Leading metrics for tracking overall and market-specific activity include: Inbound and outbound load daily change rates, like the Outbound Tender Volume Index (OTVI) in FreightWaves SONAR. Freight market share over the last week, such as SONAR’s Outbound Tender Market Share (OTMS).

Trucking 96

Trucking Price Reduction Freight Cost Reduction 96

GoShip Blog

MAY 12, 2020

Creating a reopening strategy can be very useful for a smooth entering of the market in the new conditions. You should be fully prepared for this increase and have inventory and shipping strategies in place. If you don’t have a polished online strategy, consider updating it immediately! How will small businesses reopen?

Vendor Strategies 69

Vendor Strategies Inventory Reduction How To Strategy 69

GoShip Blog

JUNE 3, 2021

The inbound and outbound logistics consist of various operations that require a lot of manpower and finances. Outsourcing logistics is becoming widely popular today due to their superior strategies and customized services. . What are logistics operations? . What are the benefits of outsourcing logistics? . Managed freight budget.

Outsourcing 59

Outsourcing Cost Reduction Expense Reduction Inventory Reduction 59

FreightWaves SONAR

APRIL 8, 2021

Managers of carrier relations representatives can set alerts for when these trends start to change, but with an increase in rates this high, your strategy should be focused on contracting these carriers to a more sustainable rate (if they are even willing to have that discussion). .

Negotiating Skills 95

Negotiating Skills Freight Price Reduction Outbound 95

GlobalTranz

AUGUST 4, 2021

That alone is evidence that shippers need to start rethinking their strategies and supply chain risk management systems, but there are other challenges that are often overshadowed by the pandemic in the past year like weather, supply chain cyber security , labor shortages, market volatility, and more. Cybersecurity Concerns Remain.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 115

FreightWaves SONAR

MARCH 22, 2021

The WRI combines outbound tender market share (OTMS) and the weekly change in tender rejection rates (OTRIW). For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days. OTMS x OTRIW = WRI. Quickly understand capacity changes and impact on shipping rates daily with SONAR’s WRI.

Capacity 98

Capacity Demo Price Reduction Cost Reduction 98

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. The post The role that ERP systems can take in helping IM&E appeared first on SYSPRO Blog. The new normal for manufacturers. IM&E companies need to start looking at digitizing operations. Download Now.

Supply Chain Planning Software 115

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

Ship Monk

OCTOBER 13, 2021

No matter what you sell, returns are pretty much unavoidable, which means baking a plan for them into your overall strategy is a must. You see, there are two sides of the shipping coin: outbound and inbound. Sign up to the ShipMonk blog for juicy tidbits delivered straight to your inbox, free of charge.

3PL 76

3PL Inventory Reduction Resource Reduction Inventory 76

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

GlobalTranz

APRIL 5, 2017

Some cite a lack of visibility or lack of control for reasons to not manage inbound logistics, and while proponents of “increased visibility” argue more information begets more effective inbound logistics strategy, its meaning gets lost in the murky waters of the internet. This is where an effective inbound logistics guide becomes important.

Inbound 49

Inbound Vendor Strategies Cost Reduction Inventory Reduction 49

GlobalTranz

JANUARY 15, 2019

We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. Why it is vital that our outbound shippers can offer more savings to their vendors by extension of our customers’ use of a TMS. A shipper’s story who has used a TMS to focus more on overall company and revenue producing strategies.

Cost Reduction 48

Cost Reduction eBook Vendor Strategies Transportation 48

GlobalTranz

MAY 12, 2021

An experienced 3PL provider has developed strategies for many other shippers and can adapt successful strategies for a customized supply chain optimization plan. Supply Chain Solutions. Tap external expertise to assess supply chain risks and develop plans to adapt to them. Supply Chain Transformation.

Supply Chain Software 114

Supply Chain Software Supply Chain Planning Software 3PL Supply Chains 114

FreightWaves SONAR

MARCH 30, 2021

How is technology enabling strategic conversations at the order level to happen faster and for the freight department to work seamlessly with procurement on the inbound side and sales on the outbound side to optimize freight shipping ? How do we digitize all the players in the supply chain network?

Supply Chain Software 78

Supply Chain Software Collaboration Supply Chains Optimal Sourcing 78

FreightWaves SONAR

MARCH 5, 2021

Lane Signal considers the following indices: Outbound Tender Volume Index Outbound Tender Rejection Index Headhaul Index for both origin and destination Inbound Tender Volume Index Inbound Tender Rejection Index. If you are working with contracted freight, work with the carrier to develop a long-term rate strategy.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

FreightWaves SONAR

NOVEMBER 17, 2020

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. Outbound/Inbound Tender Rejection Indices to understand market trends and rates. Download the White Paper.

Data 52

Data Sourcing Strategies Transportation Freight 52

GlobalTranz

JUNE 19, 2018

The Solution: Shippers Must Use Out-of-the-LTL-Box Strategies Shippers must take a more strategic approach to truckload procurement, explains CH Robinson via Supply Chain 24/7. Hiring outside experts to help manage both inbound and outbound freight, such as hiring a third-party logistics provider (3PL). Fortunately, a solution exists.

Procurement Solutions 70

Procurement Solutions Procurement Analytics Procurement Capacity 70

GoShip Blog

FEBRUARY 18, 2020

One of the possible solutions to cut unnecessary costs is to look into your inbound freight shipping strategy. Most retailers use it either way to manage outbound shipments, but it’s a perfect solution for inbound transportation management as well. Why is inbound shipment management important?

Inbound 52

Inbound Vendor Strategies Cost Reduction Freight 52

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service. Outbound KPIs. This may lead to any number of follow-up actions, for example: Redesigning sourcing or material strategies.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

FreightWaves SONAR

APRIL 19, 2021

This strategy is important, as 81% of greenhouse gases are made up of carbon dioxide, which comes from the combustion of fossil fuels like coal, natural gas and oil. As a carrier representative, you are mildly excited because the outbound market of Denver is more in your favor.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Material Savings Sourcing Strategies 52

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. And a failure to ensure trucking capacity availability within one market will have a resounding effect on allocation strategies of a trucking fleet’s assets. Unlike contracted rates, the spot freight market is full of wild price swings and uncertainty.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

GoShip Blog

JUNE 19, 2023

Keeping costs low is challenging when you constantly need to adjust your strategy and improve service. Outbound Consolidation Outbound shipment consolidation refers to combining multiple small shipments into a larger load, which then goes to a location near the final destinations of the individual shipments.

Outbound 52

Outbound Vendor Strategies Expense Reduction Cost Reduction 52

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.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

FreightWaves SONAR

NOVEMBER 19, 2020

However, AI can provide a pathway toward more proactive, responsive management strategies.

Supply Chain Software 106

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 106

FreightWaves SONAR

APRIL 29, 2021

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Pressure to develop an omnichannel strategy with strong customer service levels. market, which has very limited outbound freight.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Transporeon

SEPTEMBER 20, 2018

Demand for both outbound and inbound freight remains highest in the Southeast, Texas and Upper Midwest regions, with demand outpacing available carrier capacity. Adapt the freight allocation strategy to handle scarcity . Nearly half of U.S.

Price Reduction 101

Price Reduction Cost Reduction Resource Reduction Capacity 101

Transporeon

FEBRUARY 12, 2019

So they’re implementing continuous improvement strategies, including bringing some of those processes inhouse in a move to “digital insourcing.” Der Beitrag Technology Trends for More Effective Shipper-Carrier Alliances erschien zuerst auf TRANSPOREON Group Blog. And they recognize that a little of their control has slipped away.

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

Transporeon

FEBRUARY 12, 2019

So they’re implementing continuous improvement strategies, including bringing some of those processes inhouse in a move to “digital insourcing.” Der Beitrag Technology Trends for More Effective Shipper-Carrier Alliances erschien zuerst auf TRANSPOREON Group Blog. And they recognize that a little of their control has slipped away.

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

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

FW Logsitcs

OCTOBER 18, 2019

In this blog, not only will we help dissect what those distinctions are, but we’ll show you how to execute a more effective distribution management process. . This process involves managing all inbound and outbound transports. Supply chains, logistics, and transportation each have important distinctions.

Sourcing Strategies 40

Sourcing Strategies Optimal Sourcing Inventory Reduction Transportation 40

3PL Links

OCTOBER 11, 2023

At various phases of the process, from production and storage (inbound logistics) to transportation and delivery of the finished product (outbound logistics), risks might develop in the logistics chain. We are aware that one of the core responsibilities of the risk management field is to reduce risks in logistics operations.

Logistics Network Optimization Software 48

Logistics Network Optimization Software Supply Chain Planning Software Expense Reduction Inventory Reduction 48

Logistics Problem Solving

JUNE 2, 2017

This includes both outbound and inbound freight. Many times, the shipper goes to their IT department to get the data they need to run an analysis to find out how compliant they are or to look for strategies to lower their spend. Every company has logistics problems. What keeps shippers from solving these problems?

Logistics Network Optimization Software 75

Logistics Network Optimization Software Resource Reduction Cost Reduction Logistics 75

FreightWaves SONAR

FEBRUARY 24, 2021

The Ocean TEU Index measures booking requests for capacity, much like the Outbound Tender Volume Index (OTVI) does for domestic trucking. Not all ocean shipping requests are accepted, but they are a good indicator of demand and can have leading implications for other modes, such as air cargo in this case.

Price Reduction 92

Price Reduction Cost Reduction Sourcing Strategies Demo 92

FreightWaves SONAR

DECEMBER 3, 2020

That includes compliance with the inbound freight routing guide and outbound activities. Regardless, any effective strategy must also work across all freight management systems. Even if a shipper follows all the right steps, compliance can remain an issue. For sensitive shipments, it takes on a new value.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

GlobalTranz

FEBRUARY 7, 2018

We expand upon the supply chain technology trends we spoke about in the first part of this blog series, but let’s take a look at 5 more supply chain tech trends that will shape 2018. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.

Supply Chain Design Software 68

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Technology 68