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7 ways technology augments effective procurement in the shipping industry

FreightWaves SONAR

Load capacity limits play a crucial part in a supply chain network organization, logistics metrics management, and procurement in the shipping industry. Freight management parties need to understand why procurement falters without technology and how technology can boost sourcing across all industries. Download the White Paper.

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Key Takeaways from Oracle CloudWorld 2023

Logistics Viewpoints

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.

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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. During times of high freight market volatility in the supply chain, data-driven decisions and fact-based analytics must be seriously considered in order to mitigate unexpected occurrences to secure contract procurement.

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5 more truckload shipping strategies for enterprise shippers

FreightWaves SONAR

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. Using digital freight matching platforms is the best strategy to secure meaningful and practical capacity. And it has opened new channels for capacity procurement.

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Truck fleet management: How are my trucks performing in the market?

FreightWaves SONAR

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. Request a SONAR Demo. appeared first on SONAR.

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Shipping demand management: why enterprise shippers need in-depth insights

FreightWaves SONAR

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. Request a SONAR Demo.

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10 Challenges for Shippers in Negotiating Trucking Contracts

FreightWaves SONAR

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. Still, if the carrier loses drivers, there is nothing a shipper can do to secure more capacity during peaking asset demand periods. Request a SONAR Demo.