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Big data and inventory management

EazyStock

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Unstructured data isn’t as accessible to search or export and is often text-heavy.

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The 4 Types of Trucking Carriers Shippers Should Consider in RFPs

FreightWaves SONAR

With a strategic, long-term agreement in place, these carriers make up the backbone of many transportation chains and provide the day-to-day shipping coverage needed to meet customer needs. Instead of wasting the time of the specialty transport carriers with mundane local shipments, their focus can remain on high-demand, long-distance hauls.

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The 3 top benefits of trucking fleets benchmarking financial and operational performance

FreightWaves SONAR

Instead of wasting resources to guess at which lanes and shippers meet minimum load requirements, capturing real-time freight data helps carriers identify their top performers, review eligibility for shipper-of-choice status and ensure everything runs more smoothly. Request a FreightWaves SONAR demo to get started.

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What is freight load balance scoring and why should carriers care?

FreightWaves SONAR

Freight load balancing means capturing the data needed to make proactive decisions regarding where to send trucks, which moves have the strongest profitability opportunities, and when to reject a tender based on that data. Carriers need balancing to meet market capacity demands. Defining freight load balancing.

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7 ways freight tech reduces operations costs and improves profits for carriers

FreightWaves SONAR

When carriers take advantage of the various freight technology insights in freight analytics platforms, they ensure their goals will meet expectations. Let’s look at seven ways that freight technology and data achieves that goal. Freight data reduces dwell time and load time. Data-driven processes streamline shipping.

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Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis

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Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Inefficient operations: Absence of proper organization could lead to difficulties for warehouse staff in locating and picking items, causing wasted time and escalated labour costs.

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

FreightWaves SONAR

All of these challenges potentially create waste in your supply chain. That’s where data analytics comes in.” Gaining in-depth insights and current data about the supply chain, load statuses, and consumer demands can make it easier for enterprise sippers to adjust and plan.