FreightWaves SONAR

MARCH 30, 2021

Maintaining good compliance to these informational guides is critical to supply chain management and relies heavily on current data and automation. Missing data amounts to inevitable routing guide failures Data is king in today’s ever-changing market, and it is only becoming more vital for supply chain operations and management.

Compliance 98

Compliance Supply Chain Software Supply Chain Planning Software Data 98

FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

Freightos

NOVEMBER 15, 2023

More Resources Home November 15, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Freightos Air Index data shows China – N.

Price Reduction 103

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 103

FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages. Download the White Paper.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

Parade

JANUARY 7, 2022

Parade’s new feature helps brokerages find carrier capacity in every quote, even the ones they don’t use. The New Parade Feature in a Nutshell The new feature focuses on showing customers not only capacity within their current network, but also other potential capacity our system has identified. There’s no shame in it.

Waste Reduction 78

Waste Reduction Waste Capacity Sourcing Strategies 78

Parade

JANUARY 7, 2022

Parade’s new feature helps brokerages find carrier capacity in every quote, even the ones they don’t use. The New Parade Feature in a Nutshell The new feature focuses on showing customers not only capacity within their current network, but also other potential capacity our system has identified. There’s no shame in it.

Waste Reduction 78

Waste Reduction Waste Capacity Sourcing Strategies 78

FreightWaves SONAR

MARCH 22, 2021

In this edition of “SONAR Indices & Insights,” readers will learn about FreightWaves SONAR’s Weighted Rejection Index (WRI) to monitor trucking capacity in the freight market and the impact rejections have on shipping rates. What does WRI say about capacity and shipping rates? What is the Weighted Rejection Index (WRI)?

Capacity 98

Capacity Demo Price Reduction Cost Reduction 98

FreightWaves SONAR

JANUARY 5, 2021

And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Carriers simply need to know where to send trucks and the proper freight rating or pricing strategies to use. Carriers have a finite amount of capacity. Download the White Paper.

Data 88

Data Price Reduction Freight Resource Reduction 88

FreightWaves SONAR

FEBRUARY 17, 2021

Mobile data can play a pivotal role in building the supply value chain. Mobile devices have functions that provide valuable data for the supply value chain. Mobile devices have proven optimal for implementing innovative strategies, connecting freight loads with other equipment and assets , and more. Download the White Paper.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98

Parade

JANUARY 10, 2022

Asking the right questions can help make sure your capacity management solution helps you achieve your goals. Choosing the right capacity management vendor can be complicated. However, capacity management is a little more complicated than that. Your capacity management provider should offer you success on your terms.

Vendor Strategies 78

Vendor Strategies Capacity Price Reduction Sourcing Strategies 78

Parade

JANUARY 10, 2022

Asking the right questions can help make sure your capacity management solution helps you achieve your goals. Choosing the right capacity management vendor can be complicated. However, capacity management is a little more complicated than that. Your capacity management provider should offer you success on your terms.

Vendor Strategies 78

Vendor Strategies Capacity Price Reduction Sourcing Strategies 78

FreightWaves SONAR

FEBRUARY 25, 2021

But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Here are a few things managers need to keep in mind when working with real-time freight data for pricing purposes. . Contract freight may not equate to guaranteed capacity.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

Locus

JUNE 15, 2023

If you were unable to attend the symposium, Our Chief Revenue Officer, Mehul Kapadia summed up the key themes from the symposium for SCM leaders, focusing on the top challenges they must surmount in 2023, and the strategies unveiled at the symposium to optimize supply chains, with a particular emphasis on last-mile delivery. Watch Webinar 3.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Supply Chain Software Optimization Software 52

Locus

MAY 15, 2023

However, as the data suggests, more and more customers want to buy from brands directly and want them to solve any challenges that arise post-purchase. Brands need to adopt the latest supply chain and last-mile logistics solutions to make the D2C model a successful business strategy.

Cost Reduction 52

Cost Reduction Procurement Solutions Strategy Supply Chain Planning Software 52

FreightWaves SONAR

MARCH 16, 2021

Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. However, the data [that powers them] hasn’t previously been utilized to its full capacity until recently.” Take the example of RCRPMF.USA in the image. last year and $2.19 the year prior.

Data 97

Data Efficiency Supply Chain Software Logistics Network Optimization Software 97

Freightos

FEBRUARY 22, 2024

More Resources Home February 22, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 7% to $3.65/kg

Price Reduction 71

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 71

Freightos

JANUARY 15, 2024

Despite these efforts, to date the attacks continue, pushing most major carriers representing over 60% of global container capacity, to alter their routes. In other words, while demand was dropping, supply of capacity was increasing. In other words, this is a far cry from 2021 and its dramatic capacity shortage.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

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. . It’s not solely about knowing basic rates – it’s about using freight data to make the best decisions for all loads – playing both the buy-side and sell-side aspects of freight brokering.

Data 52

Data Sourcing Strategies Transportation Freight 52

FreightWaves SONAR

MARCH 23, 2021

What’s the ideal carrier market strategy for different regions? Will more executives put more emphasis on the use of data in shipping? How data makes retail shippers smarter. Request a SONAR Demo. The post [stackd] Using Data and analytics to make smarter retail shippers appeared first on SONAR.

Optimal Sourcing 52

Optimal Sourcing Data Optimization Software Price Reduction 52

FreightWaves SONAR

MARCH 2, 2021

Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. This helps to realize fewer tender rejections, increases an understanding for requests for proposal (RFPs) bringing optimal deals, and improves lead time planning to secure capacity procurement.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

The Logistics of Logistics

JUNE 23, 2022

Therefore, produce ready for shipping may be stalled due to a limited supply of equipment and trucks (hindering capacity procurement ), fewer drivers, and the pressure everywhere to move things faster, save money, and get it done without impacting the customer experience. But back to the overarching point.

Supply Chain Planning Software 358

Supply Chain Planning Software Scenario Planning Cost Reduction Material Savings 358

FreightWaves SONAR

FEBRUARY 25, 2021

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. Enterprise shippers need a proactive strategy to secure capacity One of the biggest challenges that shippers face remains to secure capacity.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

Freightos

JANUARY 10, 2024

More Resources Home January 10, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. Europe – N.

Negotiating Skills 88

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 88

Locus

MAY 25, 2022

Here are seven key strategies that they have used to make it happen. Some of these include: Prediction of traffic restrictions Vehicle capacity limitations Driver skill sets Distance to be covered Maximum speed Time windows Service hours Breaks Vicinity and so on. Use data insights. The obvious answer is data.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

FreightWaves SONAR

MARCH 4, 2021

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. That’s where data analytics comes in.” The higher the capacity on every leg of the trip, the higher the profit margins.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

FreightWaves SONAR

MARCH 23, 2021

And part of that includes recognizing when existing contracts fall short and when to re-enter mini-bids, significantly as capacity tightens, says the Loadstar. Companies that can accurately predict market volatility trends, using indices with reefer data analytics , can ensure that they remain prepared in the event of replenishment issues.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

FreightWaves SONAR

JANUARY 12, 2021

However, peer, market and historical freight invoice data can help, and it’s essential to know why. Freight management parties still struggle with limited, outdated data. Freight management parties may not know where to turn for meaningful, actionable freight data. At the same time, data is not created equally.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

Freightos

FEBRUARY 28, 2024

With more easily accessible data and bookings, alternatives to, yes, historically alternative routes suddenly become far more viable. Here’s how the data stacks up, relying on data points from Freightos’ air and ocean data., The interesting shift here, though, is that there’s a whole world of alternative shipping routes.

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

FreightWaves SONAR

APRIL 1, 2021

Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. Major shippers and transporters have only so much space available to work within LTL shipping capacity.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

Locus

MAY 18, 2023

One way to achieve this optimization is through the use of technology and data analytics, such as Locus DMP (Delivery Management Platform). To streamline the last-mile delivery process, retailers, CEPs and other last mile players can implement technical strategies that optimize delivery routes.

Optimization Software 52

Optimization Software Supply Chain Planning Software Optimization Cost Reduction 52

Freightos

DECEMBER 28, 2023

More Resources Home December 28, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. Europe – N.

Negotiating Skills 77

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 77

FreightWaves SONAR

DECEMBER 21, 2020

Using real-time data , freight managers can finally begin to recognize their opportunities for better business relationships. Still, if the carrier loses drivers, there is nothing a shipper can do to secure more capacity during peaking asset demand periods. Taking this action amounts to a more proactive, productive shipping strategy.

Negotiating Skills 76

Negotiating Skills Trucking Price Reduction Cost Reduction 76

FreightWaves SONAR

MARCH 5, 2021

Once weather like the snowstorm in Colorado or the one seared into Texans’ Valentine’s Day memory hits, it’s easy to predict what is going to happen next—the freight market in the area halted to a stand-still and strangled capacity , as also reported by The Dallas Morning News. Capacity signals for the freight market.

Freight 98

Freight Cost Reduction Price Reduction Outbound 98

FreightWaves SONAR

FEBRUARY 18, 2021

Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. And it’s critical to know how carriers can tap data and analytics technology to boost driver morale and attract more talent. . The truck driver shortage and its relationship to the capacity crunch.

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

The Logistics of Logistics

JUNE 23, 2022

Ty Findley, managing partner of Ironspring Ventures, conducted a roundtable discussion titled The Next Chapter on Last Mile, with Penny Register-Shaw, chief strategy officer of The FRONTDoor Collective, and Bill Catania, founder and CEO of OneRail, on Tuesday during day two of FreightWaves’ Future of Supply Chain event in Rogers, Arkansas.

Collaboration 150

Collaboration Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 150

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. . Using SONAR data in contract negotiations with carriers and 3PLs. . Those use cases include: . Evaluating truckload to intermodal conversion.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. The data analyzed within today’s freight market goes back to the beginning of digital transformation. Contract versus spot data factors influence the profitability of all fleet assets. Download the White Paper. trucking market.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94