FreightWaves SONAR

APRIL 25, 2023

Outbound Tender Reject Index The Outbound Tender Reject Index (OTRI) is a measure of the percentage of electronic tender requests for shipments that are rejected by carriers in the United States. 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 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

FreightWaves SONAR

FEBRUARY 26, 2021

In this blog, we will dive into how you can use Outbound Tender Lead Time (OTLT) indexes to be alerted of the right time to make that call to close business with new customers and satisfy the relationship of new carrier relationships. Within these emails, you can also describe what action your sales team should be taking.

Freight 64

Freight Demo Outbound Logistics Network Optimization Software 64

FreightWaves SONAR

APRIL 12, 2021

One of the most popular tools that drives the supply chain to new heights is the process of intermodal freight shipping. Identifying current inbound and outbound rail volume rates in the current market. Predicted inbound and outbound fuel and maintenance budgeting needs. Download the White Paper.

Availability 98

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FreightWaves SONAR

MARCH 8, 2021

As explained by Supply & Demand Chain Executive , “Digitization, software and giving shippers and carriers efficient tech tools are critical, as technology continues to modernize this industry. Outbound tender rejections. The digital age has presented a wealth of opportunities for the over the road trucking market.

Sourcing Strategies 98

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FreightWaves SONAR

NOVEMBER 19, 2020

Having experienced market growth in size and volume of tenders, Opus9 realized its existing freight market data intelligence tools were not giving their customers the best rate information. View the Full Case Study.

Case Study 72

Case Study Data Study Resource Reduction 72

FreightWaves SONAR

FEBRUARY 24, 2021

The freight transportation industry has always been slow to adopt new advances in tools, software and automation. Prioritizing moves based on inbound and outbound data trends. Not a lot has changed when it comes to fleet asset utilization within the supply chain. Industry expert guidance as a best practice. Visualization capabilities.

White Paper 52

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GlobalTranz

SEPTEMBER 4, 2018

We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. The Guide to Proactive Inbound, Outbound, and Reverse Enterprise Parcel Management. .” You can subscribe and find this podcast on Apple iTunes, Google Play, Spotify, Soundcloud , YouTube , and iHeartRadio! We hope you enjoy! Download White Paper.

Optimization Software 78

Optimization Software Cost Reduction Supply Chain Software Resource Reduction 78

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.

Capacity 98

Capacity Demo Price Reduction Cost Reduction 98

FreightWaves SONAR

DECEMBER 3, 2020

Using SONAR’s Predictive Rates tool to generate accurate shippers’ prices and offering more competitive rates to LSPs and carriers. Leveraging the Outbound Tender Rejection Index (OTRI) and Inbound Tender Rejection Index (ITRI), to determine which tendered loads are likely to result in rejection.

Modeling Software 76

Modeling Software Modeling Case Study Supply Chain Software 76

FreightWaves SONAR

JUNE 1, 2023

In taking the opportunity to make strategic investments in digital supply chain tools during a market downcycle, when capacity is loose, freight costs are low and customer demand looks shaky, Walmart was bucking the trend among large shippers. The Outbound Tender Reject Index measures the percentage of load tenders rejected by carriers.

Supply Chain Planning Software 52

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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. Meet Everett Johnson, founder and owner of Credence Logistics (CL).

Industry 97

Industry Logistics Network Optimization Software Tools Examples 97

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

FreightWaves SONAR

SEPTEMBER 29, 2023

The FreightWaves’ SONAR data shows the Outbound Tender Volume Index (OTVI) remains up 25% year-over-year, hardly falling from its pre-July Fourth peak. What if shippers could look beyond what’s expected and apply forecasting tools to keep freight spend under control and navigate uncertainty throughout this disruption – and beyond?

Cost Reduction 52

Cost Reduction Negotiating Skills Resource Reduction Capacity 52

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

This requires looking at the digital tools that will be required to support them. The post The role that ERP systems can take in helping IM&E appeared first on SYSPRO Blog. An ERP system has the capability to process the data produced from sensor devices on the factory floor and in products. Download Now.

Supply Chain Planning Software 115

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FreightWaves SONAR

MARCH 29, 2021

What is a routing guide : a set of rules and requirements from shippers that set rules for inbound and outbound shipping. A routing guide provides a clear set of a shipper’s rules and requirements t for both inbound and outbound freight. It is a critical tool for carriers that wish to attain carrier-of-choice status. .

Supply Chain Software 95

Supply Chain Software Resource Reduction Document Demo 95

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

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

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

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. Any tools or methodologies that can help CSRs. A Brokerage’s Brand Ambassadors.

Industry 60

Industry Logistics Network Optimization Software Tools Examples 60

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

Transporeon

FEBRUARY 12, 2019

To read more about how load matching and time slot management solutions help to optimize planning and uncover hidden capacity and opportunities, visit www.transporeon-group.com or read more about our sourcing tools at www.ticontract.com.

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

Transporeon

FEBRUARY 12, 2019

To read more about how load matching and time slot management solutions help to optimize planning and uncover hidden capacity and opportunities, visit www.transporeon-group.com or read more about our sourcing tools at www.ticontract.com.

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

FreightWaves SONAR

DECEMBER 15, 2020

Descriptive and diagnostic analytics are additional analytics tools that can help. Outbound and inbound data. . Thus, predictive and prescriptive analytics tools become useful in proactive spend management. They provide insight into freight spend on large and granular scales. . Contracted freight trends.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

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

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FreightWaves SONAR

APRIL 8, 2021

Capture market data in near-real-time Real-time data represents a valuable tool for logistics managers when planning and adapting routes for the real world. And it’s important to know a few best practices to achieve that goal. Request your demos below. Request a SONAR Demo. Request a SONAR SCI Demo.

Optimization Software 98

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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. By working with a specialized company, the organization can rely on qualified personnel and the right tools to complete the duties.

Logistics Network Optimization Software 48

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GlobalTranz

JUNE 19, 2018

Leveraging a web-based and constraint-based bidding tool, such as a transportation management system (TMS). Hiring outside experts to help manage both inbound and outbound freight, such as hiring a third-party logistics provider (3PL). Benchmarking progress and use of all transportation modes. Conducting annual procurement exercises.

Procurement Solutions 70

Procurement Solutions Procurement Analytics Procurement Capacity 70

FreightWaves SONAR

MARCH 18, 2021

Managing the manufacturing supply chain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. And lane-by-lane insights are critical to account for that disruption among raw material suppliers and the flow of outbound freight. Download the White Paper.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

Blue Grace Logistics

SEPTEMBER 2, 2021

A leading indicator, Truckstop.com’s outbound tender rejection index (OTRI), currently stands at 22.48. Increasingly, more are turning to new freight matching tools that connect them faster and more efficiently with carriers through “book it now” processes. To read the entire blog visit BlueGrace Logistics.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Supply Chain Software Tools Negotiating Skills 62

FreightWaves SONAR

JANUARY 5, 2021

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. And advancements in freight data make it easier to avoid empty backhauls and maximize your trips.

Cost Reduction 106

Cost Reduction Waste Reduction Expense Reduction Price Reduction 106

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. Editor’s Note: Cerasis is a 3PL focused on transportation management.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94

Logistics Bureau

OCTOBER 20, 2021

However, it would certainly be best to have your transport people track outbound delivery costs as a % of sales. Since we first drafted this blog post back in 2017, the technology to simplify KPI collation and visualisation has become more accessible, powerful, usable, and affordable. Digital Dashboards – Simplicity from Complexity.

Supply Chain Design Software 96

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

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

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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. The Outbound Tender Reject Index measures the percentage of truckload shipments tendered by shippers that are rejected by carriers. Chart: FreightWaves SONAR.

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

Blue Grace Logistics

JULY 20, 2021

What this blog is about: The effects of disruption across multiple parts of the supply chain. Truckload volume to capacity ratio has reached historical highs, with the outbound market from Southern California recording 30 truckloads for every one truckload capacity available. Disruptions have impacted many aspects of the supply chain.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 62