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. Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! Luckily, this is one problem that doesn’t require divination to solve. As in, right now.

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Ship Monk

DECEMBER 15, 2023

What We Learned So Far With the numbers in, we gathered findings from multiple sources to suss out the shiniest nuggets of wisdom. Mature ecommerce businesses use every source of data they can get their hands on, from shopping platform analytics to inventory and fulfillment platforms. Interest rates have not been this high since 2007.

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

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. Another way to source new vendors due to changing availability is to look for opportunities to form long-term relationships with partners. Request a FreightWaves SONAR demo by clicking the button below.

Tips 52

Tips Logistics Network Optimization Software Supply Chain Software Logistics 52

RPA Labs

SEPTEMBER 16, 2021

When issues arise during transport, spot quotes are the quickest and most efficient path to resolution. However, freight chatbots can instantly identify a quote request, even in email, review data sources, and upload the quote for a quick solution. . 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

AUGUST 3, 2022

Of course, not all logistics service providers are created equal, which leads us to. Here are some resources that could aid in making that transition a little smoother: 3 Strategies for Migrating Inventory to a New 3PL Is There Ever a Good Time for eCommerce Brands to Switch 3PLs? Sounds like a dream come true, right?

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Inventory Reduction Resource Reduction 52

FreightWaves SONAR

JANUARY 21, 2021

Are you using your trucking assets as efficiently as possible? 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. . Have you taken any steps to increase capacity utilization?

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

Turvo

JUNE 16, 2020

The freight and logistics industry continues working on finding ways to make their respective organizations within the supply chain stand out from the crowd. Shippers want a few things—namely better service, lower rates, and more efficient logistics. Second, companies will likely reassess their make-versus-buy options.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Sourcing Strategies Cost Reduction Expense Reduction 64

Ship Monk

FEBRUARY 8, 2023

This, of course, means that streamlining those warehousing and fulfillment operations can drive profitability. Warehouse KPIs, on the other hand, are pretty standard across the fulfillment industry since 3PLs and fulfillment warehouses perform the same basic processes. So while KPIs are metrics, not all metrics are KPIs.

Optimal Sourcing 59

Optimal Sourcing Operations Optimization Software Inventory Reduction 59

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. Yet, the picture is incomplete.

Logistics Network Optimization Software 54

Logistics Network Optimization Software Trucking Sourcing Strategies Manufacturing Procurement 54

Blue Grace Logistics

FEBRUARY 13, 2018

Make no mistake, digitalization is merely the pathway to the future of the industry. For an industry so vital to the entire world, the freight industry has been rather stubborn to change its ways. For the last several decades, that has been the industry standard, until recently that is. .

Logistics Network Optimization Software 48

Logistics Network Optimization Software Digital Supply Chain Software Supply Chain Design Software 48

Freightos

JULY 11, 2017

Of course, new customers will always require some support, but machine learning for exception identification and management should keep efforts down. The industry has seemed change-averse for a while. REQUEST FREE FREIGHTOS DEMO. Small Business Means Business For Forwarders. These are new sales, not sales won from cabs.

Purchasing Skills 61

Purchasing Skills Price Reduction Cost Reduction Manufacturing Procurement 61

FreightWaves SONAR

DECEMBER 4, 2020

Within the ever-changing shipping and freight management market, there is an underlying need to know and understand shipping data trends running throughout the industry. These analytics literally describe the history of what happened within the freight network, such as the ins and outs of carrier sourcing from the past.

Transportation 80

Transportation Supply Chain Planning Software Supply Chain Software Modeling Software 80