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Near-real-time data-driven route optimization best practices

FreightWaves SONAR

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. Find out more about how your organization can gain those lane-level insights by requesting a demo of FreightWaves SONAR SCI Lane Acuity today. Request your demos below.

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[Infographic] The Four Types of Transportation Analytics to Know

FreightWaves SONAR

Data infrastructure has changed with cloud infrastructure, complex event processing (CEP) and the Internet of Things. It can be defined by using existing business intelligence tools to get a clearer picture of going on or what has happened with shipments, payments, delays, damage reports, customer feedback, and more.

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What is a routing guide and what are best practices to create one

FreightWaves SONAR

Of course, that is all subjective and again dependent on market stability within individual locations in origin/destination pairings. It is a critical tool for carriers that wish to attain carrier-of-choice status. . Request a SONAR SCI Lane Acuity demo by clicking the button below today. . Request a SONAR Demo.

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Demand Forecasting: How It Enhances Ecommerce Operations

Ship Monk

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes. What promotions did you have running during that time period?

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Demand Forecasting 101: Everything eCommerce Businesses Need to Know

Ship Monk

We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. While not as future-leaning as some other methods, A/B testing is an awesome tool to test the waters and get a feel for what your customers respond to. #3 But, to be fair, the wave of a magic wand doesn’t hurt.).

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Lessons Learned from Black Friday/Cyber Monday

Ship Monk

It’s Gone Global Black Friday/Cyber Monday is now a global event. Perhaps this will be the year to invest in more powerful data analytics tools. According to the NRF, 55% of consumers took advantage of early Black Friday deals, and 35% shopped the week before Thanksgiving. Did you run out of inventory?