FreightWaves SONAR

APRIL 8, 2021

Data represents an integral part of daily life for most people, and it is no different within the transportation industry. That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too.

Optimization Software 98

Optimization Software Optimization Data Supply Chain Planning Software 98

FreightWaves SONAR

FEBRUARY 10, 2021

Many of the most beneficial tools come from the utilization of data and analytics. Data and analytics provide carriers with an incredible wealth of information that has proven to bolster revenue and profits. How carriers create data-driven pricing strategies. Request a SONAR Demo.

White Paper 98

White Paper Optimization Software Data Price Reduction 98

FreightWaves SONAR

APRIL 1, 2021

Less-than-truckload shipping, also known as LTL shipping, is nothing new within the transportation and shipping industry, but it has become more of a game-changer in recent years with freight rate prediction. LTL shipping rates would historically depend on freight class and the cost per hundredweight . Download the White Paper.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

FreightWaves SONAR

MARCH 23, 2021

However, increasing freight management efficiency can come in several different forms and can present a difficult challenge. Avoid destinations with a lower likelihood of an empty backhaul One significant aspect of freight management to consider is the risk of empty backhauls.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

FreightWaves SONAR

JANUARY 12, 2021

According to TruckingInfo , “As stay-at-home orders in response to the COVID-19 pandemic took hold across much of the country in the latter part of March, the level of freight available – and the rates to haul it – plummeted. However, peer, market and historical freight invoice data can help, and it’s essential to know why.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

RPA Labs

FEBRUARY 10, 2022

Freight costs are rising faster than experts expected. As domestic truck rates increase, international trade freight costs will most likely escalate too. Shippers and freight forwarders are turning to AI for shipping document automation to stay competitive in price and efficiency. . Automatically Classify All Documents.

Document 74

Document Supply Chain Software Automation How To 74

RPA Labs

MARCH 10, 2022

Although automated document processing platforms often advertise cookie-cutter packages, it’s important for freight companies to first examine their own needs before trying to fit in the offerings of a platform. When buying RPA for supply chain needs, freight forwarders should consider the intelligent document automation abilities it holds.

Supply Chain Software 79

Supply Chain Software Document Logistics Network Optimization Software Automation 79

FreightWaves SONAR

SEPTEMBER 16, 2021

It has reached such a critical point that increased demand is driving shifts into the air freight market. While congestion at the ports is just one factor impacting shippers, the ability to secure containers is forcing shifts in how goods are being moved across the Pacific Ocean. Request a SONAR Demo. Request a SONAR SCI Demo.

Freight 98

Freight Supply Chain Planning Software Outbound Manufacturing Procurement 98

FreightWaves SONAR

MARCH 18, 2021

Managing the manufacturing supply chain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. With mini-bids, carriers have an opportunity to focus more time and resources on specific lanes, improving the balance of their freight networks. Request a SONAR Demo.

Manufacturing Procurement 91

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FreightWaves SONAR

FEBRUARY 1, 2021

This struggle can finally come to an end through the use of modern analytics and data management. Such applications of freight technology allow carriers to improve their systems across the board, improving profit margins, reducing load times, streamline shipping, and many more benefits. Request a SONAR Demo.

Data 76

Data Price Reduction Cost Reduction Expense Reduction 76

FreightWaves SONAR

DECEMBER 23, 2020

Freight brokers have had to quickly switch from expense accounts to cameras. Here are five freight broker prospecting tips from the TV production crew at FreightWaves to help you out with looking and sounding your best on video sales calls. . 5 Freight Broker Prospecting Tips Using Video Sales Calls.

Tips 96

Tips Video Freight White Paper 96

FreightWaves SONAR

JULY 14, 2023

In order to make a real difference, however, this motivation to better the industry must be coupled with a deep knowledge of the freight market — including how it works, where it has been and where it is going. The high-frequency data housed in FreightWaves SONAR, for example, predicted the current freight recession months in advance.

Supply Chain Planning Software 52

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

FreightWaves SONAR

DECEMBER 10, 2020

Some of the most cost-effective software and methods supply chain professionals and the best freight brokers can adopt are supply chain predictive analytics programs. Predictive analytics is the process of taking the data gathered from everyday operations and converting it ‘into valuable nuggets of insight.’

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 95

FreightWaves SONAR

DECEMBER 9, 2020

Most freight brokers have to source their own freight broker leads. It’s often a time-consuming process that is difficult for many freight brokers and freight brokerage businesses. It’s a label freight brokers slap on all companies shipping freight. 6 Tips to source freight broker leads. #1:

Sourcing Strategies 105

Sourcing Strategies Purchasing Skills Sourcing Tips 105

FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. However, this is about a different type of freight load balancing-the balancing of assets. Defining freight load balancing. For carriers, it’s all about balance.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

FreightWaves SONAR

DECEMBER 22, 2020

With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. A confident, data-driven trucking RFP undertaking can make a big difference in freight spend.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105

FreightWaves SONAR

NOVEMBER 30, 2020

Big data provides an opportunity to gain those insights, especially during volatile freight markets. As further explained by Grainger , “Big Data gives businesses the ability to monitor products with laser-like focus as they move through their supply chain in real-time. Download the White Paper. It is that simple.

Supply Chains 69

Supply Chains Freight White Paper Demo 69

FreightWaves SONAR

MARCH 15, 2021

The introduction of this first application within SONAR SCI was built with leaders at companies that spend millions of dollars on freight shipping. Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

DECEMBER 29, 2020

And in recent years, the application of freight analytics has grown more manageable and faster to use. However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Remember, transportation brokers ’ whole business is freight management. Download the White Paper.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

FreightWaves SONAR

FEBRUARY 2, 2021

Note, however, that the ability to apply data depends on the actionability of information. That’s where freight indices come into play. And national freight indices are helping all freight management segments boost pricing strategies and understand how to better prioritize their operations. Near-real-time data.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

FreightWaves SONAR

NOVEMBER 11, 2020

The best freight brokers ask the right questions in freight broker sales when prospecting for new business. Listed below are essential tips on how to qualify prospects at the beginning of your sales process. Listed below are essential tips on how to qualify prospects at the beginning of your sales process. Load volumes .

Freight 118

Freight Outbound White Paper Logistics Network Optimization Software 118

FreightWaves SONAR

MARCH 17, 2021

How effective are you at lane-by-lane planning and getting deep insights to aid in freight spend planning, mini-bids, and other long-term contracts in your organization? Lane Acuity helps you know how difficult it is to cover loads for a given lane and using that information to your advantage in bidding and day-to-day operations.

White Paper 98

White Paper Analysis Cost Reduction Transportation 98

Shipchain

MARCH 13, 2019

Logistics Applications of Blockchain Maintain Data for All Parties. Logistics applications of blockchain all derive from maintaining an incorruptible data resource. Payment Management Forms Another Key Freight-Use for Blockchain-Based Systems. Freight shipped sooner for shippers and carriers.

Supply Chain Planning Software 119

Supply Chain Planning Software Waste Reduction Logistics Network Optimization Software Freight 119

FreightWaves SONAR

DECEMBER 2, 2020

On this episode of #WithSONAR, co-hosts Luke Falasca and Kyle Taylor discuss how to automate workflows, improve service levels and expand operations for asset-based carriers. They discussed how Zaro Transportation leverages SONAR to improve and increase its business. Request a SONAR Demo.

Video 97

Video Optimization Software Optimization Supply Chain Software 97

Ship Monk

SEPTEMBER 14, 2022

How to Calculate Beginning Inventory. For eCommerce manufacturers , this number includes the cost of the raw materials used, freight and storage costs, direct labor, storage, and all manufacturing costs including indirect labor, overhead, depreciation of machinery, utilities, etc.

Inventory Reduction 78

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 78

FreightWaves SONAR

DECEMBER 16, 2020

Of all the various freight broker sales tips, setting the hook is essential for getting and keeping a prospect’s attention. . Using a hook shows that you are not just calling down a list of companies, but have done your research and might have something of value in freight broker sales to share with them. . 3: Freight data.

Tips 59

Tips Freight After-sales Conference 59

FreightWaves SONAR

JANUARY 13, 2021

The fundamental freight broker skills that lead to success in freight sales are the same skills that lead to success in life. All of the following freight broker skills are difficult to master, some take quite a bit of trial and error, and others are just down right scary at first. Online writing . Deck-building.

Freight 52

Freight Logistics Network Optimization Software White Paper Presentation 52

FreightWaves SONAR

FEBRUARY 25, 2021

Automation continues to prove its value in building transportation and freight management relationships. It always goes back to using data as a best practice for all aspects of freight management. Growing benefits of cloud utilization and the ability to tap into easy data access and storage. Download the White Paper.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

FreightWaves SONAR

JANUARY 28, 2021

As 2021 begins, new growth and adjustments need freight managers’ attention to start the recovery process. Enterprise shippers are looking for ways to capture and analyze more data Making the most of available technology has always been critical for fine-tuning a supply chain. Download the White Paper.

Waste Reduction 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

FreightWaves SONAR

JUNE 14, 2021

Freight costs stand out among other inflationary pressures in that they cannot be effectively hedged. Therefore, in the absence of hedging, CPG companies should utilize as much freight-related data as possible to mitigate freight costs more effectively and improve supply chain efficiency. A recent disclosure by the J.M.

White Paper 52

White Paper Negotiating Skills Food and Agriculture Demo 52

FreightWaves SONAR

MARCH 2, 2021

Some of the most common issues that arise from a lack of accurate transportation cost analysis and data tracking include the following: Inability to track data and respond to it in real-time. . Limited data sharing within the chain. Lack of visibility and insight into common observable costs. . Consider this fact.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

FreightWaves SONAR

FEBRUARY 2, 2021

Trucking carriers and freight managers have much to keep up with in the shipper and trucking industry. This becomes especially true today during recovery and continued disruptions and deviations in the freight market — two of the industry’s primary goals being a full recovery and adjustment.

Tips 98

Tips Waste Reduction Cost Reduction Operations 98

Parade

JANUARY 26, 2021

tl/dr - Don’t buy software-especially anything around “freight tech”-if your vendor can’t show you exactly what impact you’ll get and which knobs to tune. but there is one reason that is particularly relevant to freight brokers as they think about how to use technology to create an advantage vs. their peers. Inputs vs. Outputs.

Freight 78

Freight Digital Examples Blog 78

Parade

JANUARY 26, 2021

tl/dr - Don’t buy software-especially anything around “freight tech”-if your vendor can’t show you exactly what impact you’ll get and which knobs to tune. but there is one reason that is particularly relevant to freight brokers as they think about how to use technology to create an advantage vs. their peers. Inputs vs. Outputs.

Freight 78

Freight Digital Examples Blog 78

FreightWaves SONAR

DECEMBER 28, 2020

Throughout most freight shipping chains, there are four types of providers offering services through requests for proposals (RFPs), such as full truckload RFPs and less-than-truckload RFPs and similar contractual agreements. How trucking carriers and RFPs fit together. Download the White Paper.

Waste Reduction 105

Waste Reduction Trucking Cost Reduction White Paper 105

FreightWaves SONAR

DECEMBER 21, 2020

Using real-time data , freight managers can finally begin to recognize their opportunities for better business relationships. And it’s equally important to know the top 10 challenges for shippers in negotiating trucking contracts like limited headhaul insight and how to overcome them. Contracts aren’t ironclad.

Negotiating Skills 76

Negotiating Skills Trucking Price Reduction Cost Reduction 76

FreightWaves SONAR

FEBRUARY 22, 2021

Smart and practical trucking data is critical for the modern supply chain network. And it’s critical to know how to apply these practices correctly. . No two orders or freight loads appear identical, and the same remains true for carriers as well. This gets easier to accomplish with tailored benchmark data analysis. .

Price Reduction 75

Price Reduction Supply Chain Planning Software Waste Reduction Cost Reduction 75