FreightWaves SONAR

FEBRUARY 9, 2021

The shipping industry is continuing to suffer the effects of a pandemic-driven demand that some carriers simply cannot handle. The industry is experiencing an all-time high on demand, and for carriers, improper asset allocation dramatically increases the risk of blowback and bankruptcy. Request a SONAR Demo.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

JUNE 3, 2021

SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. The volatility in the auto industry has wreaked havoc on the Detroit freight market. .

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

Logistics Viewpoints

SEPTEMBER 25, 2023

I’m a supply chain industry analyst, so naturally my takeaways are influenced by my coverage area. This year, Mr. Ellison spun a vision of how the global agricultural industry’s value chain could be reconstructed to improve the quality of food while making the industry much more sustainable. Oracle CloudWorld happened last week.

Supply Chain Software 131

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

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. . Of course, it all depends on the ability to stay strategic. .

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

FreightWaves SONAR

SEPTEMBER 20, 2021

Without adequate data and information on the freight market, shippers can find themselves in the same disadvantageous position as Mr. David. If carriers are rejecting twice as many loads in September as they were in August, that could be par for the course in a tightening market – or not. Request a SONAR Demo.

White Paper 98

White Paper Negotiating Skills Purchasing Skills Freight 98

FreightWaves SONAR

FEBRUARY 16, 2021

A clear vision for how the market and the fleet can work in unison is at the heart of fleet management within the trucking industry. Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. Streamline data capture and analysis.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

Freightos

FEBRUARY 28, 2024

Of course, the economic viability of these types of shipments is limited to specific commodities. 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.,

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

Shipchain

JUNE 25, 2019

We must embrace the possibilities of Big Data, the Internet of things, blockchain technology, predictive analytics, and the growing unrest that these things bring to the industry. The Internet of Things (IoT) serves as a mean for connecting systems together, and Big Data analytics give supply chain leaders insight into granular data.

Supply Chain Software 61

Supply Chain Software Supply Chains Digital Logistics Network Optimization Software 61

FreightWaves SONAR

JUNE 14, 2021

Therefore, in the absence of hedging, CPG companies should utilize as much freight-related data as possible to mitigate freight costs more effectively and improve supply chain efficiency. Those data sets and use cases include: Using data from electronic tenders and carrier surveys to assist in negotiations with carriers and 3PLs.

White Paper 52

White Paper Negotiating Skills Food and Agriculture Demo 52

FreightWaves SONAR

DECEMBER 22, 2020

Relying solely on manual shipping data analysis continues to yield poor results. The old ways of recording, processing and responding to analytical data need a streamlined approach. And the current predictions for the industry have only made these shortcomings more obvious. The same applies to freight management analytics.

Logistics Network Optimization Software 105

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 105

FreightWaves SONAR

JULY 14, 2023

The industry has been propelled forward at lightning speed in recent years, thanks in large part to an intensifying focus on technology. Fortunately, hopeful changemakers can look to several resources to broaden their understanding of both the freight market and the industry as a whole. port activity.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Freight Logistics Network Optimization Software 52

FreightWaves SONAR

FEBRUARY 18, 2021

Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. It is considerably more important to find talent quickly to fill the ever-growing needs of the freight and shipping industry. The industry is growing and will only continue to suffer from finite trucking capacity.

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

FreightWaves SONAR

FEBRUARY 11, 2021

The effects of the disruptions over the past year have likely forever changed the industry, requiring shippers to scale and evolve operations radically seemingly overnight. With all the pressure for more and faster service among shippers, dropshipping has seen a renewed focus within the industry. It’s that simple.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

FreightWaves SONAR

MARCH 4, 2021

Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations. That’s where data analytics comes in.”

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

FreightWaves SONAR

JULY 10, 2023

Today’s transportation industry leaders are aware of the importance of staying up to date on market movements. The best way for people to gain the level of insight they crave is through high-frequency data, particularly insights into spot rate trends. Click here to schedule a demo. Why should I track spot rates?

Trends 52

Trends Scenario Planning Demo Course 52

FreightWaves SONAR

APRIL 29, 2021

The pandemic has sent the retail industry on a K-shaped trajectory — the final straw that has sent many retail chains into bankruptcy while also contributing to a surge in sales for many of the leading chains. Using SONAR data in contract negotiations with carriers and 3PLs. . Evaluating freight flows for private fleet conversion. .

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

DECEMBER 21, 2020

Using real-time data , freight managers can finally begin to recognize their opportunities for better business relationships. As explained by Logistics Management , “ it has become an increasing challenge for the logistics industry to stay on top of new advances in business processes. Rate data is subject to market conditions.

Negotiating Skills 76

Negotiating Skills Trucking Price Reduction Cost Reduction 76

FreightWaves SONAR

MARCH 18, 2021

So, it’s equally valuable to know the constraints and to apply data to overcome them with mini-bids. Inability to account for market fluctuations due to disruptions Within the manufacturing supply chain industry, there is a question about whether disruptions will happen and when they will occur. Request a SONAR Demo.

Manufacturing Procurement 91

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

FreightWaves SONAR

DECEMBER 17, 2020

Anything to gain and keep the competitive advantage will define the future of the biggest and smallest players in the industry. Therefore, paying attention to data and building actionable metrics are critical to freight forecasting during COVID-19 and through the next disruption. Connect your operation with near real-time data.

Tips 52

Tips Logistics Network Optimization Software Supply Chain Software Logistics 52

EazyStock

DECEMBER 13, 2020

The pandemic has impacted industries differently across the board. While some businesses and entire industries like hospitality and travel have been shutting down, others like consumer staples, technology and safety products/PPE are thriving like never before. However, uncertainty and disruption are all but guaranteed for 2021.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

Ship Monk

DECEMBER 15, 2023

We also hope you’re paying close attention to the data coming in because this will become your baseline for many BFCM seasons to come. Mature ecommerce businesses use every source of data they can get their hands on, from shopping platform analytics to inventory and fulfillment platforms. Did you run out of inventory?

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

RPA Labs

AUGUST 26, 2021

Robotic processing automation (RPA) and chatbot technologies are now accepted more readily and are more commonly used across a growing number of industries. This, of course, includes using RPA to handle email inquiries and keep the communication going strong. Confusion in communications due to inaccurate or outdated data.

Supply Chain Software 40

Supply Chain Software Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 40

RPA Labs

AUGUST 26, 2021

Robotic processing automation (RPA) and chatbot technologies are now accepted more readily and are more commonly used across a growing number of industries. This, of course, includes using RPA to handle email inquiries and keep the communication going strong. Confusion in communications due to inaccurate or outdated data.

Supply Chain Software 52

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

RPA Labs

SEPTEMBER 16, 2021

However, freight chatbots can instantly identify a quote request, even in email, review data sources, and upload the quote for a quick solution. . But as the industry evolves, more companies are finding room in their budget for automation. Ensure the security of data. Request a demo with RPA Labs to get started. .

Supply Chain Software 52

Supply Chain Software Automation Freight Supply Chain Design Software 52

Ship Monk

NOVEMBER 21, 2022

Average lead time is 30 days, including manufacturing and shipping, and over the course of a year you sell an average of 29 units per day. Improving Data. Demand forecasting and inventory management rely on accurate data. Of course, not all systems are created equal. units x 50 max.days) – (29 avg. – 870 avg.

How To 52

How To Inventory Reduction Supply Chain Software eCommerce 52

Locus

MARCH 27, 2024

To put it in perspective: according to the National Retail Federation, the total amount of returns in the US retail industry hits a staggering $743 billion in merchandise. But the magic of real-time data doesn’t stop at rerouting; it’s also about continuously refining the delivery process. Schedule a demo with us!

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

Logistics Business Magazine

JUNE 17, 2021

With over 80 employees, Flestic supplies to a wide range of industries, such as food, cosmetics, automotive, household and care. So the company went looking and came across an article about a new machine monitoring and data collection system (MDC system). In addition, these are of course transmitted to the SmartMONITOR software.

Production 54

Production Modeling Software Packaging Course 54

Ship Monk

JULY 27, 2022

We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. 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

RPA Labs

SEPTEMBER 16, 2021

However, freight chatbots can instantly identify a quote request, even in email, review data sources, and upload the quote for a quick solution. . But as the industry evolves, more companies are finding room in their budget for automation. Ensure the security of data. Request a demo with RPA Labs to get started.

Supply Chain Software 52

Supply Chain Software Automation Freight Supply Chain Design Software 52

Turvo

MAY 27, 2020

Of course, even shippers have problems. Get a demo. The biggest savings and opportunities to apply data in today’s world lie within visibility and collaboration. As noted by President of Global Supply Chain Solutions for Ryder, Steve Sensing, “We can solve in minutes what previously took hours, days, and weeks to course-correct.

Supply Chain Planning Software 56

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 56

FreightWaves SONAR

NOVEMBER 16, 2020

“What’s the best way to use data to beat your competition as a freight brokerage business?” Nevertheless, it all adds up to a greater demand for integrated systems and real-time data. Furthermore, real-time data and SaaS-based resources have additional value in the form of enabling management by exception.

Modeling Software 106

Modeling Software Logistics Network Optimization Software Supply Chain Software Data 106

FreightWaves SONAR

DECEMBER 30, 2020

Data-driven transportation management , including the checks and reviews that accompany healthy data management practices, are part of the process of getting the most out of the tech stack. Throughout the supply chain, data-driven transportation management’s success is only as good as the data quality and integrity in use.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 98

FreightWaves SONAR

JANUARY 21, 2021

However, the industry is always slow to adopt new software, so not much has changed among many carriers. And of course, it hinges on the ability to understand and maintain consistency in your metrics. . Capture and analyze data inside and outside of your network to benchmark performance. Download the White Paper.

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

Freightos

JANUARY 25, 2024

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. Q: What does it mean for the freight industry as a whole?

Logistics Network Optimization Software 112

Logistics Network Optimization Software Optimization Software Digital Buyer Training 112

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 87

eCommerce Inventory Reduction Operations Modeling Software 87

FreightWaves SONAR

NOVEMBER 23, 2020

As reported by Business Wire , the freight brokerage industry “is poised to grow by $41.47 Near real-time data. Near-real-time data in day-to-day operations keeps rates and capacity as accurate as possible. Using near-real-time freight data proves invaluable in keeping freight broker resources in check.

Resource Reduction 98

Resource Reduction Security Capacity Freight 98

Blue Grace Logistics

MARCH 15, 2018

With rapid advancements in interconnectivity, such as the Internet of Things and the added advantage of instant data streaming, the freight industry has been devouring data technology as a whole and is getting a much-needed overhaul. Communication within the industry also leaves a lot to be desired. becomes apparent.

Logistics Network Optimization Software 54

Logistics Network Optimization Software Trucking Sourcing Strategies Manufacturing Procurement 54