Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 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. America weekly prices increased 2% to $1.82/kg.

Negotiating Skills 112

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 112

FreightWaves SONAR

JANUARY 7, 2021

Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through good and bad times. Achieving that goal hangs on a carrier’s ability to capture meaningful data. Autonomous processes are only as valuable as the data that powers algorithms and decision-making. Empty miles.

Supply Chain Software 98

Supply Chain Software Supply Chain Design Software Supply Chain Design Automation 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

Locus

MAY 25, 2022

Take last-mile deliveries for example. Here are seven key strategies that they have used to make it happen. Consistently failIng to do so means definitely losing their confidence, which reduces your revenue, and a decline in profitability. Use data insights. The obvious answer is data. – Statista, U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

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

FreightWaves SONAR

NOVEMBER 24, 2020

Supply chain intelligence and actionable insights must apply the most accessible, near real-time data available. Analytic data resources for brokers are great, but it’s equally important to realize that FreightWaves SONAR is much more than a broker-exclusive resource. Email and fax don’t cut it.

Data 105

Data Supply Chain Planning Software Resource Reduction White Paper 105

Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began.

Negotiating Skills 114

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 114

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

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

Logistics Viewpoints

SEPTEMBER 25, 2023

Greenhouses can be constructed to be like semiconductor clean rooms which would eliminate the need for pesticides. Greenhouses can be located near population centers and the growing season can occur all year long; this improves the freshness of food while reducing GHG emissions. With the Affordable Care Act, those days are gone.

Supply Chain Software 131

Supply Chain Software Food and Agriculture Logistics Network Optimization Software Inventory Reduction 131

EazyStock

JUNE 21, 2022

Many more traditional supply chain strategies originated in a steadier business environment. Predictable business cycles and stable demand allowed supply chain professionals to focus less on solving challenges and more on cost reductions. There could be multiple reasons for this reluctance to move data over to the cloud.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 52

FreightWaves SONAR

JANUARY 7, 2021

Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through the good and bad times. Achieving that goal hangs on a carrier’s ability to capture meaningful data. Autonomous processes are only as valuable as the data that powers algorithms and decision-making.

Supply Chain Software 52

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 52

FreightWaves SONAR

APRIL 1, 2021

LTL shipping rates would historically depend on freight class and the cost per hundredweight . In the past, calculating freight class depended on the physical weight of an item, as well as what else could be shipped within the same truck to set a cost per hundredweight (CPW). Capture pricing data for LTL freight.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

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. In fact, logisticians should consider these top five use cases of increased visibility and data within logistics and how they improve throughput. Download the White Paper.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

FreightWaves SONAR

APRIL 29, 2021

Meanwhile, national-branded consumer goods companies gained share from private labels during the pandemic and many are launching direct-to-consumer and subscription services looking to reduce their reliance on retail and reach their most loyal customers. . Using SONAR data in contract negotiations with carriers and 3PLs. .

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Parade

DECEMBER 14, 2021

Many Book Now loads get booked outside of brokers' business hours, with little to no broker engagement which helps reduce some cost of booking a load. This helps reduce calls and additional manual activities on both sides. Carriers can book loads when they are winding down their day or at their early start.

Digital 78

Digital Cost Reduction Automation Demo 78

Parade

DECEMBER 14, 2021

Many Book Now loads get booked outside of brokers' business hours, with little to no broker engagement which helps reduce some cost of booking a load. This helps reduce calls and additional manual activities on both sides. Carriers can book loads when they are winding down their day or at their early start.

Digital 78

Digital Cost Reduction Automation Demo 78

FreightWaves SONAR

DECEMBER 3, 2020

Analytics-driven processes to reduce excess inventory. Yet analytics-driven processes can reduce excess inventory. For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. Collaboration means parties must share data in real-time. Wasted warehouse space leads to higher overhead.

Supply Chain Planning Software 76

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

FreightWaves SONAR

APRIL 19, 2021

When it comes to reducing carbon emissions, electric vehicles and switching fuel sources are all the rage. 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.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Material Savings Sourcing Strategies 52

Shipchain

MARCH 13, 2019

Logistics Applications of Blockchain Maintain Data for All Parties. Logistics applications of blockchain all derive from maintaining an incorruptible data resource. For example, initiating a recall is streamlined through blockchain by showing all movements of affected shipments. Trucks in the U.S.

Supply Chain Planning Software 119

Supply Chain Planning Software Waste Reduction Logistics Network Optimization Software Freight 119

EazyStock

OCTOBER 20, 2020

The objective of stock optimization is to have the right products in the right place at the right time – as efficiently and cost-effectively as possible. It’s the art of achieving stock availability , while reducing inventory costs and minimizing the risk of excess items. Fine-tune your stock replenishment strategies.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

FreightWaves SONAR

DECEMBER 10, 2020

Some of the most cost-effective software and methods supply chain professionals and the best freight brokers can adopt are supply chain predictive analytics programs. Predictive analytics is the process of taking the data gathered from everyday operations and converting it ‘into valuable nuggets of insight.’ Download the White Paper.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 95

EazyStock

APRIL 18, 2023

While they did show signs of reducing, a recent surge has seen levels remain high. High inflation rates are seeing price increases for everything from products and components to commodities and utilities, creating a global cost of living crisis. Supply chain infrastructure investment reduces. Higher costs of storage.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

EazyStock

JUNE 16, 2022

Having systems and processes in place to reduce the possibility and subsequent impact of supply chain issues is extremely important. For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. AI was once only seen in science fiction. What is machine learning?

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

FreightWaves SONAR

NOVEMBER 19, 2020

According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

RPA Labs

NOVEMBER 30, 2021

Automation and robotics help to reduce expenses and inefficiencies throughout the supply chain network. These RPA logistics use cases show how RPA can help managers get the most throughput, reduce costs, and create strong relationships with partners by focusing on the following aspects. Reduced Confusion Over Which Rate Is Best.

Supply Chain Software 85

Supply Chain Software Logistics Network Optimization Software Optimization Software Inventory Reduction 85

FreightWaves SONAR

MARCH 22, 2021

For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days. For example, if there is a darker red shading, you can expect that the shipping rates for space in a truck will also elevate on a cost per mile basis. Sign up for a demo here or by clicking the button below. .

Capacity 98

Capacity Demo Price Reduction Cost Reduction 98

FreightWaves SONAR

NOVEMBER 9, 2020

This week, learn how freight market participants, especially trucking carriers , rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations and the freight market at large. What are the ULSDR data and FUELS indices?

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

Ship Monk

JULY 27, 2022

Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! Put simply, demand forecasting uses a variety of data to foresee customer demand and inform major business decisions, from launching new products to finding the perfect 3PL partner. What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. What is demand planning?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. Gather internal and external data.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

FreightWaves SONAR

JANUARY 4, 2021

Excessive dwell time becomes a burden with all the costs involved. Improving dock efficiency times ensures drivers can get in and out quickly, which reduces delays in order fulfillment and transportation. The best examples of shippers of choice provide services along several trucking routes. Request a SONAR Demo.

Tips 111

Tips Security Capacity Supply Chain Software 111

Locus

SEPTEMBER 19, 2023

In the face of complex routing and capacity issues, integration issues leading to data silos, visibility problems, and more, carriers and last-mile businesses really have their work cut out for them. 49% of global organizations lack confidence in tracking sustainability metrics to reduce emissions and fuel consumption.

Supply Chain Software 52

Supply Chain Software Optimization Software Expense Reduction Negotiating Skills 52

FreightWaves SONAR

MARCH 4, 2021

Every shipping mode and method can benefit from access to accurate, real-time freight data. For instance, consider these top uses of data and calculators within existing systems: Trucking metrics can benefit from clear data highlighting key areas of profit and loss within the fleet. There’s plenty that can affect landed costs.

Supply Chain Planning Software 130

Supply Chain Planning Software Freight Optimization Software Resource Reduction 130

Conger

JULY 22, 2021

For example, these systems can handle tasks ranging from: Receiving goods. For example, a Shopify storefront is an eCommerce platform. A Shopify storefront is an example of an eCommerce platform. Take our Shopify example again. You can track data about the latest orders, shipments, or any other activity on your inventory.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software eCommerce Logistics Network Optimization Software 52

EazyStock

MAY 20, 2022

Warehouse technologies and automated systems can help solve warehouse and supply chain issues cost-effectively. We’ll also look at some current and emerging technologies, and how they can enhance your inventory planning and optimization strategies. Warehouse management systems (WMS). Automated picking systems.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

FreightWaves SONAR

MARCH 5, 2021

Should] you just figure out if it should be 5% or 6% [without data]?” Unlike other tools in the market, the Lane Signal considers an abundance of data from multiple sources, not just dirty data that flows through one system like other industry tools. Here are three examples for how to use this product in real-time.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98