article thumbnail

The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency. The urgency of response to a disruption of a Category 1 supplier is of course much higher than that of a Category 4 supplier.

article thumbnail

5 more truckload shipping strategies for enterprise shippers

FreightWaves SONAR

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. It’s that simple.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Better Truckload Operations Efficiency Through Digitalization

Blue Grace Logistics

Digitization takes living, real-time data from once futuristic fantasy to practical present-day tools. Having uniform data instantly updated across many locations translates into an efficient organization. Having uniform data instantly updated across many locations translates into an efficient organization.

article thumbnail

The Free TMS with Tim Higham

The Logistics of Logistics

Tim Higham and Joe Lynch discuss the free TMS, which is of course AscendTMS. It grew through a continued mixture of internal organic growth and further diversification through a continued acquisition strategy with Palm Beach Capital. This means that it is free to use and modify, and the source code is available for anyone to inspect.

article thumbnail

2021 Strategies for Inventory Management and Supply Chain Recovery

EazyStock

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can.

article thumbnail

Data Quality: Your Digital Transformation Depends on It

Logistics Viewpoints

In a prior post , I wrote about the various ways data is transforming global supply chains. Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). So, what is quality data?

Data 146
article thumbnail

LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.