Freightos

NOVEMBER 15, 2023

More Resources Home November 15, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 3% to $5.56/kg

Price Reduction 103

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 103

Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. It may be off a lower-than-normal base price but for importers and exporters suffering from lower sales, it’s almost certainly troubling news.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

FreightWaves SONAR

APRIL 5, 2021

Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. Tracking market trends within truckload rates relies heavily on data and analysis. Data-driven insights provide a rubric for guiding RFP processes.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

Freightos

DECEMBER 28, 2023

More Resources Home December 28, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices were level at $5.85/kg.

Negotiating Skills 77

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 77

Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

Freightos

JANUARY 10, 2024

More Resources Home January 10, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices fell 8% to $5.36/kg.

Negotiating Skills 88

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 88

FreightWaves SONAR

FEBRUARY 17, 2021

Mobile data can play a pivotal role in building the supply value chain. Mobile devices have functions that provide valuable data for the supply value chain. Mobile devices have proven optimal for implementing innovative strategies, connecting freight loads with other equipment and assets , and more. Download the White Paper.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98

Freightos

FEBRUARY 22, 2024

More Resources Home February 22, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) fell 2% to $4,587/FEU.

Price Reduction 71

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 71

FreightWaves SONAR

FEBRUARY 4, 2021

As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supply chains. Typically pricing is prioritized, but it should also be complemented with quality and delivery time.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages. Download the White Paper.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

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. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

FreightWaves SONAR

MARCH 5, 2021

Should] you just figure out if it should be 5% or 6% [without data]?” That’s why the only way to figure out a real commission plan rests with knowledgeable sales. Shippers will not be willing to accept a lack of trucking capacity or last-minute price changes in an industry that is becoming more transparent.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

FreightWaves SONAR

MARCH 16, 2021

Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. However, the data [that powers them] hasn’t previously been utilized to its full capacity until recently.” Take the example of RCRPMF.USA in the image. last year and $2.19 the year prior.

Data 97

Data Efficiency Supply Chain Software Logistics Network Optimization Software 97

Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue. Rates to N.

Negotiating Skills 121

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 121

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

FreightWaves SONAR

APRIL 30, 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. Request a SONAR Demo. Request a SONAR SCI Demo. Evaluating freight flows for private fleet conversion.

White Paper 52

White Paper Expense Reduction Cost Reduction Negotiating Skills 52

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies : Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

WorkWave

FEBRUARY 16, 2024

As a pest control business owner, you’ll also get tips on managing costs effectively while maintaining service standards, plus smart pricing strategies to keep your bottom line healthy. Calculating it accurately can help you make informed decisions about pricing, cost-cutting measures and growth strategies.

Expense Reduction 52

Expense Reduction Price Reduction Cost Reduction Vendor Strategies 52

Locus

SEPTEMBER 25, 2023

Hence, curating an optimal driver experience emerges as a non-negotiable strategic imperative. Such capital can be strategically reallocated to drive core business transformations and process enhancements. In this context, it’s important to recognize drivers as the foundational assets driving our supply chain ambitions.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Modeling Software Negotiating Skills 52

FreightWaves SONAR

DECEMBER 21, 2022

That’s where point of sale freight data comes in to help supply chain leaders create a superior supply chain strategy. . Supply chain participants rely on FreightWaves SONAR to access tender data and point of sale spot rate data to recognize shifts in the market immediately.

Negotiating Skills 52

Negotiating Skills Supply Chains Price Reduction Cost 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

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. . Inflation in the prices of goods.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

WorkWave

DECEMBER 8, 2023

This function plays a crucial role in the supply chain management process and is an integral part of a company’s overall logistics and operations strategy. For more information on how RouteManager can empower your team to tighten your inbound logistics, schedule your free demo today.

Inbound 52

Inbound Optimal Sourcing Logistics Network Optimization Software Inventory Reduction 52

GlobalTranz

MAY 8, 2015

One that is integrated with TMS offers more value for customers and better leverage when negotiating contracts with additional features providing the latest data. The fundamentals of a Freight Rating System match a user’s shipping and freight characteristics and a carrier’s service and price options. Go with TMS Integration.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Negotiating Skills Logistics Network Optimization Software 90

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

Locus

JULY 5, 2023

Understanding fleet management At its core, fleet management is a strategic method by which shippers enhance the efficiency and effectiveness of their vehicle and driver operations. Importantly, all data on the transporter’s dashboard is visible to the client via their dispatch management platform.

Optimization Software 52

Optimization Software Resource Reduction Negotiating Skills Cost Reduction 52

Locus

JULY 24, 2023

You’ve got more goods than you can squeeze into an LTL shipment but not enough to justify the expense of an FTL.The beauty of PTL is that it’s cost-effective and flexible. Think of it as carpooling for cargo – you share the ride, and so you share the costs. Less than Truckload (LTL) LTL is the democracy of shipping.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Optimization Modeling Resource Reduction 52

Locus

SEPTEMBER 14, 2021

Negotiating uncertainties is still the name of the game, and in a quest to meet the same-day delivery expectations of customers, retailers rolled out omnichannel capabilities in record time last year. A Forbes report quoted data stating that store traffic in 2020 fell by 30% as compared to 2019. for the United States in 2020.

Negotiating Skills 52

Negotiating Skills Optimization Software Supply Chain Planning Software Cost Reduction 52

FreightWaves SONAR

APRIL 7, 2021

USA, VOTRI.USA, TSTOPVRPM.USA Truckload carriers have continued to struggle to provide consistent coverage through the first quarter of 2021, and in return costs have increased. Most of the freight moves under a more consistent pricing structure or “ contract ” rates. Compliance levels fell rapidly, leading to surging spot pricing.

Negotiating Skills 98

Negotiating Skills Compliance Cost Reduction Trucking 98

FreightWaves SONAR

MARCH 25, 2021

However, the routing guides can be much more clearly defined by thinking about how they apply to overall shipper stability and why consideration of market volatility data and analytics are critical to understanding service levels. Let’s take a closer look at five reasons why this is the reality of today’s supply chains. .

Optimal Sourcing 97

Optimal Sourcing Negotiating Skills Resource Reduction Expense Reduction 97

Conger

FEBRUARY 5, 2024

And then there’s consideration of cost and manufacturer. Price: How much does the forklift brand and model cost? How much is the cost of a new vs used forklift in the model and brand? You may find a lesser-known forklift brand and a cheaper up-front price, but how easy will it be to get forklift replacement parts ?

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Purchasing Skills Negotiating Skills 52

Blue Grace Logistics

JUNE 21, 2018

An effective TMS will provide comprehensive data analysis on the current shipping costs and processes which offers you an opportunity to compare your costs and processes versus what is available in the market. . These analyses can help you optimize your supply chain process and also provide overall cost reduction.

Cost Reduction 50

Cost Reduction Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 50

Ship Monk

MAY 25, 2023

Now, thanks to 3PLs like ShipMonk, smaller ecommerce merchants can take advantage of this inventory distribution strategy to decrease order shipping times and reduce shipping costs. In addition, those lucky ecommerce clients can tap into the 3PLs wealth of expertise, technology, warehouse automation, and negotiated shipping rates.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Distribution 52

Locus

JUNE 21, 2022

Speed, in particular, has become a non-negotiable for an increasing number of customers when it comes to food and grocery delivery. This is largely possible as all applications communicate with each other and use the same data, making Locus’ dispatch management platform the single source of truth for all orders and channels.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Sourcing Strategies Optimization Software 52

FreightWaves SONAR

APRIL 23, 2021

Gaining insight into FreightWaves SONAR emissions data presents multiple benefits for businesses. When companies lack visibility into emissions, preventable challenges arise that cost shippers revenue and affect the environment. Moreover, it cuts costs and lowers carbon emissions.

Waste Reduction 52

Waste Reduction Cost Reduction Negotiating Skills Sourcing Strategies 52

FreightWaves SONAR

MARCH 19, 2021

After all, everyone is focused on keeping costs under control, maximizing use of assets and capacity, avoiding tender rejections and more. It is also why shippers should apply that information to stay strategic and turn strategy into a tactical advantage in transportation procurement and day-to-day activities.

Negotiating Skills 11

Negotiating Skills Optimal Sourcing Buyer Training Procurement 11