Turvo

MAY 27, 2020

Yes, some shippers may need to wait for a longer payment cycle, but for logistics service providers (LSPs), third-party logistics providers (3PLs), and carriers, the order tender to payment, or the order to cash process, can be both exhaustive and expensive. Of course, even shippers have problems. Get a demo.

Supply Chain Planning Software 56

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

Ship Monk

DECEMBER 15, 2023

Perhaps this will be the year to invest in more powerful data analytics tools. It can be very difficult (and expensive) to stand out in all the noise leading up to BFCM, so it’s important to understand what worked and what didn’t. Only then can you establish ideal pricing strategies and discounts. Did you run out of inventory?

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

Ship Monk

FEBRUARY 9, 2024

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. The amount of data available usually depends on the maturity of the product.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84

FreightWaves SONAR

DECEMBER 30, 2020

And pre-emptive strategies that help isolate and address real-time problems will inevitably rely on real-time freight data and easy-to-access systems. As the issues build, mitigating efforts become more strenuous, resulting in lost revenue and time, as well as more significant expenses. Of course, that’s another challenge.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 98

Ship Monk

MARCH 11, 2024

Of course, sometimes following the herd can lead us astray. Low-cut jeans come to mind.) Now that we’ve established that social proof is an important tool for influencing consumer behavior, it follows that smart ecommerce companies can, and should, take advantage of these natural biases. There are many ways to go about this.

eCommerce 89

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 89

FreightWaves SONAR

DECEMBER 17, 2020

Thus, it’s imperative for advanced shippers, brokers and carriers to start using predictive analytics to strengthen ROI of new tools and resources. If a single load results in an added expense of $30 due to a weather delay, it may not seem like much. Of course, that’s only the beginning. Request a SONAR Demo.

Supply Chain Software 52

Supply Chain Software Supply Chains Waste Reduction Expense Reduction 52

Ship Monk

MAY 25, 2023

Now, thanks to 3PLs like ShipMonk, smaller ecommerce merchants can take advantage of this inventory distribution strategy to decrease order shipping times and reduce shipping costs. Of course, you can manage your own warehouses and fulfillment, but the upfront costs make it a steep climb. Reduced Cost of Returns.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Distribution 52

FreightWaves SONAR

JANUARY 15, 2021

Of course, time sensitivity, warehouse capacity, and more factors will influence rates. Thus, a predictive freight rating tool will be critical to making the best decisions and lead all other trucking trends. Request a FreightWaves SONAR demo to get started, or click the button below. Request a SONAR Demo.

Trends 64

Trends Trucking Supply Chain Planning Software Optimization Software 64