FreightWaves SONAR

JULY 24, 2023

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. Measuring performance with transportation KPIs and freight data is getting easier. Transportation management depends on historical and real-time data. Think about this.

Cost Reduction 106

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 106

Locus

MAY 25, 2022

Take last-mile deliveries for example. Here are seven key strategies that they have used to make it happen. Use data insights. The obvious answer is data. Data has occupied an inevitable space in the last-mile delivery planning and its strategic implementation. Try a demo with Locus now! Schedule a Demo.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. Navigating the Storm: Strategies for SMB Importers in 2024 There is no golden ticket for solving these challenges. and bakes really good cookies.

Negotiating Skills 116

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 116

WorkWave

MARCH 26, 2024

Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction. Advanced route planning software utilizes real-time data, predictive analytics and machine learning algorithms to create efficient delivery schedules tailored to each driver’s route.

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

FreightWaves SONAR

MARCH 2, 2021

Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. In fact, logisticians should consider these top five use cases of increased visibility and data within logistics and how they improve throughput. Download the White Paper.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

FreightWaves SONAR

APRIL 1, 2021

That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Generally, it follows the same basic process: Take the dimensional weight, for example, with a package that’s estimated to be eight pounds after calculating its dimensional volume and dividing that value by the DIM factor. Capture pricing data for LTL freight.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

FreightWaves SONAR

FEBRUARY 25, 2021

Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. Enterprise shippers need a proactive strategy to secure capacity One of the biggest challenges that shippers face remains to secure capacity.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. The data analyzed within today’s freight market goes back to the beginning of digital transformation. Contract versus spot data factors influence the profitability of all fleet assets. Download the White Paper. trucking market.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

FreightWaves SONAR

NOVEMBER 19, 2020

According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.

Supply Chain Software 106

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 106

FreightWaves SONAR

FEBRUARY 16, 2021

Streamline data capture and analysis. Failure to use data and apply it accordingly within the fleet will lead to problems securing loads, offering competitive freight rates , and keeping drivers in trucks. Freight intelligence tools help management develop a more unified freight strategy. Know your operating ratio .

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

FreightWaves SONAR

MARCH 22, 2021

For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days. For example, if there is a darker red shading, you can expect that the shipping rates for space in a truck will also elevate on a cost per mile basis. Sign up for a demo here or by clicking the button below. .

Capacity 98

Capacity Demo Price Reduction Cost Reduction 98

FreightWaves SONAR

DECEMBER 3, 2020

For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. Collaboration means parties must share data in real-time. Collaboration means parties must share data in real-time. For example, market conditions show shippers’ rate trajectories. Request a SONAR Demo.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

FreightWaves SONAR

APRIL 29, 2021

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Using SONAR data in contract negotiations with carriers and 3PLs. . SONAR data can identify tight relationships such as U.S.-bound

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

RPA Labs

APRIL 7, 2022

Forbes echoed this position sharing, “For many businesses, chasing after the customers’ ever-changing behavior and expectations has led to a whole new focus of the business strategy, where services and customer experiences are now the battlegrounds for customer loyalty.”. Misalignment Between Leadership and Sales.

Supply Chain Software 80

Supply Chain Software Automation Supply Chain Planning Software Logistics Network Optimization Software 80

FreightWaves SONAR

FEBRUARY 2, 2021

The state of logistics in 2021 continues to undergo transformation and disruption (continued from 2020), and while companies are looking for new logistics strategies to stay proactive, there comes a point at which supply chain leaders need a simple, fast way to view market conditions. Consistent data collection. Near-real-time data.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

FreightWaves SONAR

FEBRUARY 25, 2021

Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. Enterprise shippers need a proactive strategy to secure capacity One of the biggest challenges that shippers face remains to secure capacity.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

FreightWaves SONAR

MARCH 5, 2021

Should] you just figure out if it should be 5% or 6% [without data]?” Unlike other tools in the market, the Lane Signal considers an abundance of data from multiple sources, not just dirty data that flows through one system like other industry tools. Here are three examples for how to use this product in real-time.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

Parade

DECEMBER 14, 2021

It Provides the Data You Need to Improve Strategy Ideally, your booking system should provide you with the metrics you need to understand how well your processes (and their system) are working. Fill out , this form to request a Parade demo so you can learn more about how it works and what it can do for you.

Digital 78

Digital Cost Reduction Automation Demo 78

Parade

DECEMBER 14, 2021

It Provides the Data You Need to Improve Strategy Ideally, your booking system should provide you with the metrics you need to understand how well your processes (and their system) are working. Fill out , this form to request a Parade demo so you can learn more about how it works and what it can do for you.

Digital 78

Digital Cost Reduction Automation Demo 78

Locus

MARCH 27, 2024

Mix it up with omnichannel Omnichannel retailing , the strategy that integrates all shopping channels like online or in-store isn’t just a buzzword—it’s a cost-saving revolution for retail businesses. In essence, omnichannel strategies turn logistical challenges into advantages, making deliveries more efficient and cost-effective.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

FreightWaves SONAR

MARCH 15, 2021

Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. Lane Acuity also provides a measure of lane coverage favorability via the Lane Score, which evaluates multiple data points within the app. WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Parade

JANUARY 3, 2022

The ability to input this carrier data allows brokers to tailor the loads they show to their carriers. For example, if you’ve got a carrier that says they hate L.A. Parade collects data on all the quotes collected on a load and allows management to go back and look at how often the lowest quote wasn’t used.

Sourcing Strategies 78

Sourcing Strategies Optimal Sourcing Price Reduction Capacity 78

Parade

JANUARY 3, 2022

The ability to input this carrier data allows brokers to tailor the loads they show to their carriers. For example, if you’ve got a carrier that says they hate L.A. Parade collects data on all the quotes collected on a load and allows management to go back and look at how often the lowest quote wasn’t used.

Sourcing Strategies 78

Sourcing Strategies Optimal Sourcing Price Reduction Capacity 78

EazyStock

JUNE 21, 2022

Many more traditional supply chain strategies originated in a steadier business environment. Cloud computing, often referred to as ‘the cloud’, is simply the process of running programs and storing data over the internet rather than using a local or personal server. The transition to cloud solutions in supply chain management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 52

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. What is demand planning?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. Gather internal and external data.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. AI can adapt in near-real-time to changing conditions and develop new knowledge by processing more data and revealing more patterns and trends than humans can. AI was once only seen in science fiction.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

Ship Monk

JULY 27, 2022

Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! Put simply, demand forecasting uses a variety of data to foresee customer demand and inform major business decisions, from launching new products to finding the perfect 3PL partner. What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

EazyStock

OCTOBER 20, 2020

This keeps the data clean and easier to use for forecasting going forward. Look out for such trends in your historical demand data and adjust your forecasts accordingly. Qualitative factors: Add any qualitative forecasting factors into your data, such as sales promotions, competitor activity or external market events.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Logistics Business Magazine

MARCH 30, 2022

To develop a method to analyse and contain CO2 consumption and emissions deriving from the automatic packaging processes of Sitma lines with a specific focus on e-commerce solutions and then define a go-to-market strategy. However, the company wanted to go a step further and look for tools able to provide objective data and values.

Packaging 57

Packaging Supply Chain Software Material Savings Logistics Network Optimization Software 57

EazyStock

MAY 20, 2022

We’ll also look at some current and emerging technologies, and how they can enhance your inventory planning and optimization strategies. The most resilient supply chains use systems that can process big data and provide advanced analytics and real-time insights. Warehouse management systems (WMS). Automated picking systems.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

Ship Monk

NOVEMBER 14, 2022

An advertising strategy and budget Financial projections Demand forecasting Growth strategy (see our guides to growth and scaling your ecommerce business). 2 Analyze Your Past Data and Compare It to Current Trends. For a truly successful ecommerce business strategy, you have to dig a little deeper. Slice of cake.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Locus

MAY 4, 2022

Take Locus’ Dispatch Management Platform (DMP) for example. It analyzes the historic sales data of various retailers to create dispatch routes that have high chances of securing sales. Try a demo with Locus now! Schedule a demo. And logistics technology has the potential to accelerate these processes in a repeatable way.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Trucking Optimization Software 52

Ship Monk

NOVEMBER 21, 2022

Others take an educated guess and hope for the best, which isn’t a strong strategy either. Using the tea kettle example above, let’s say the maximum number of blue tea kettles you’ve ever sold in one day is 45. Improving Data. Demand forecasting and inventory management rely on accurate data. Safety Stock =.

How To 52

How To Inventory Reduction Supply Chain Software eCommerce 52

FreightWaves SONAR

APRIL 19, 2021

This strategy is important, as 81% of greenhouse gases are made up of carbon dioxide, which comes from the combustion of fossil fuels like coal, natural gas and oil. For example, let’s examine a load going from Denver, Colorado to Fort Wayne, Indiana. Request a SONAR Demo. SAY LESS.”.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Material Savings Sourcing Strategies 52

EazyStock

APRIL 18, 2023

When demand fluctuates, and costs rise, it can be tempting to throw out long-term strategies to react to these changes. For example, warehouse costs, insurance and financing. While it’s impossible for you to control geopolitical and economic factors, you can control your business strategy. Higher costs of storage.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52