EazyStock

JUNE 23, 2022

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.

Inventory Reduction 52

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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

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FreightWaves SONAR

MARCH 9, 2021

H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. Global retailers use data to understand lead time Successful supply chain operation at any stage hangs on the ability to stay on top of shipping and transport logistics. Request a SONAR Demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

Locus

JUNE 16, 2023

Among these, clothing retailers had the highest percentage, with 88% of consumers opting to return their orders. These high costs, coupled with a steep increase in the volume of last-mile orders, underscore the need for reducing delivery costs to adapt to consumer demand shifts and safeguard profit margins.

Cost Reduction 98

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FreightWaves SONAR

MARCH 8, 2021

COVID-19 has also accelerated technological adoption by an order of magnitude. The abundant data sources can make the process of assessing the market more difficult than necessary. Shippers and carriers should make more definitive decisions in selecting their data sources. The challenge with lagging data in logistics.

Sourcing Strategies 98

Sourcing Strategies Optimal Sourcing Sourcing Data 98

FreightWaves SONAR

JUNE 1, 2021

Maybe that’s not exactly true – there are also issues related to the semiconductor shortage, such as record used vehicle prices, consumers buying early in order to get their desired vehicles, and vows to ditch just-in-time inventory management. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 52

White Paper Negotiate Pricing Negotiating Skills Data 52

Locus

OCTOBER 17, 2023

Today, teams are armed with data like never before, making the jobs of NFL scouts more efficient. But what is it about a data-driven approach that gives scouts the edge? This enables them to deliver efficiently when order volumes peak and win a broader customer base.

Cost Reduction 52

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FreightWaves SONAR

NOVEMBER 24, 2020

Successful supply chain management depends on the ability to collect data and apply it accordingly. As explained by Grainger , “In today’s global economy, technology trends like the Internet of Things (IoT) and Big Data have become an indispensable part of everyday business. And major companies have taken notice.

Data 90

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FreightWaves SONAR

MARCH 15, 2021

According to Supply Chain 24/7 , “ In the industry right now, there are 10 orders to ship for every available truck; however, a large portion of private fleets are running their assets with a significant amount of empty backhaul miles. Poor data analytics cause disruptions. and it can all quickly add up. Download the White Paper.

Optimal Sourcing 72

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RPA Labs

OCTOBER 28, 2021

Improving the management and accuracy of orders, shipments, and inventory can impact the entire supply chain and therefore must be a top priority. Striving for perfect orders naturally represents a praise-worthy objective for any company. High error rate due to outdated information and decisions based on inaccurate data.

Supply Chain Software 52

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FreightWaves SONAR

APRIL 23, 2024

From our perspective, the market is starting to capitulate; essentially everyone is getting ready to “give in” in order to create a full market recovery. If you want to learn more about SONAR and how our data can empower your organization, submit a demo request!

Freight 52

Freight Webinar Demo Transportation 52

Ship Monk

MARCH 21, 2024

Customer relationship management systems collect and centralize all the important data about a business’ customers (and potential customers). This data usually includes the customer’s contact information, address, purchase history, social media engagement, email click-throughs, and dozens of other data points as they become available.

Optimization Software 97

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FreightWaves SONAR

MAY 19, 2021

Since its introduction in 2018, FreightWaves SONAR has provided subscribers with the most current freight market data, analysis and insights. SONAR is the only freight forecasting platform that combines contract tender data with spot rate data and creates predictive freight rates.

Data 52

Data Negotiating Skills Supply Chain Design Software Supply Chain Design 52

Ship Monk

JUNE 8, 2022

Most of these methods rely on past sales data, future forecasting, or a combination of the two to help inventory managers predict how much inventory they’ll need. The biggest drawback of these methods is that they don’t take into account the total costs of placing an order, such as setup costs and storage costs. But let’s get real.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Ordering 52

FreightWaves SONAR

JUNE 3, 2021

SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. Request a SONAR Demo. Request a SONAR SCI Demo. Source: SONAR).

Negotiating Skills 52

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FreightWaves SONAR

FEBRUARY 23, 2021

Data and freight analytics platforms play a pivotal role in freight forecasting. Obviously, the ability to improve truck and trailer order forecasting offers excellent value for carriers. Data and analytics platforms assemble and organize data for meaningful, actionable use. The benefits of data-driven asset management .

Optimal Sourcing 52

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FreightWaves SONAR

DECEMBER 29, 2020

However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. And it’s in this space where big data analytics can add the most value.

Data 52

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Logistics Viewpoints

SEPTEMBER 25, 2023

At last year’s CloudWorld, Oracle presented their vision for transforming the healthcare industry by applying AI to vast amounts of anonymized patient record data. Many retailers have implemented complex distributed order management solutions in long, costly implementations to support new last mile capabilities.

Supply Chain Software 131

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RPA Labs

SEPTEMBER 2, 2021

RPA is increasingly adopted within the supply chain to take over mundane and repetitive tasks such as managing shipping data, filing paperwork, answering general FAQs, entering data, reading and responding to emails, and performing other basic tasks. Why Shippers and Carriers Struggle With Managing Shipping Data.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Automation Data 52

RPA Labs

SEPTEMBER 2, 2021

RPA is increasingly adopted within the supply chain to take over mundane and repetitive tasks such as managing shipping data , filing paperwork, answering general FAQs, entering data, reading and responding to emails, and performing other basic tasks. Why Shippers and Carriers Struggle With Managing Shipping Data.

Supply Chain Software 40

Supply Chain Software Supply Chain Planning Software Automation Data 40

RPA Labs

SEPTEMBER 2, 2021

RPA is increasingly adopted within the supply chain to take over mundane and repetitive tasks such as managing shipping data , filing paperwork, answering general FAQs, entering data, reading and responding to emails, and performing other basic tasks. Why Shippers and Carriers Struggle With Managing Shipping Data.

Supply Chain Software 40

Supply Chain Software Supply Chain Planning Software Automation Data 40

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. China – N. Europe – N.

Negotiating Skills 88

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WorkWave

MARCH 26, 2024

Imagine ordering a package online and eagerly awaiting its arrival, only to face delays and uncertainties in the delivery process. Customers expect their orders to arrive promptly, especially in today’s fast-paced world where instant gratification is the norm. GET A FREE DEMO FAQs What is route optimization software?

Optimization Software 105

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FreightWaves SONAR

OCTOBER 1, 2021

It’s also possible that SONAR subscribers are the same companies that buy all available freight data (so you could also say that Brand X’s customers also outperform). To name just a few broad use cases: Freight brokers use SONAR to understand local freight markets inside and out in order to maximize volume and margins.

White Paper 105

White Paper Negotiating Skills Demo Freight 105

Locus

JANUARY 10, 2024

Read Also: What Is Economic Order Quantity and What Are Its Challenges? If these stores require separate stocks to fulfill online, offline, or omnichannel orders , the complexity escalates significantly. Optimal Route Planning: Consolidate orders based on the most efficient logistics routes. What is Shelf Replenishment?

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Waste Reduction 52

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

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FreightWaves SONAR

DECEMBER 1, 2020

The modern supply chain rests on a mountain of shipping data. However, the applications of real-time freight data remain disparate and lack value. The fill rate is a full measure of the volume of orders shipped over a given duration. This KPI is a measure of all costs associated with order fulfillment versus profitability.

Purchasing Skills 100

Purchasing Skills Freight Procurement Analytics Optimal Sourcing 100

FreightWaves SONAR

DECEMBER 28, 2020

Regional Carriers – Sometimes it is more affordable and more practical to break local orders into separate shipping lanes with a regional coverage component. Niche Providers – Sometimes orders are so unique that no plan or protocol already exists. Request a SONAR Demo. How trucking carriers and RFPs fit together.

Waste Reduction 105

Waste Reduction Trucking Cost Reduction White Paper 105

Turvo

MAY 27, 2020

However, that statistic will climb in the coming year as companies look to overcome the traditional challenges in the order to cash process and leverage better digital solutions to achieve meaningful change. Get a demo. The biggest savings and opportunities to apply data in today’s world lie within visibility and collaboration.

Supply Chain Planning Software 56

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RPA Labs

SEPTEMBER 2, 2021

RPA is increasingly adopted within the supply chain to take over mundane and repetitive tasks such as managing shipping data, filing paperwork, answering general FAQs, entering data, reading and responding to emails, and performing other basic tasks. Why Shippers and Carriers Struggle With Managing Shipping Data.

Supply Chain Software 40

Supply Chain Software Supply Chain Planning Software Automation Data 40

RPA Labs

AUGUST 31, 2021

RPA is increasingly adopted within the supply chain to take over mundane and repetitive tasks such as managing shipping data, filing paperwork, answering general FAQs, entering data, reading and responding to emails, and performing other basic tasks. Why Shippers and Carriers Struggle With Managing Shipping Data.

Supply Chain Software 40

Supply Chain Software Supply Chain Planning Software Automation Data 40

FreightWaves SONAR

AUGUST 13, 2021

Truck production tends to be easier to get data on (there are only four major Class 8 OEMs in North America) and they regularly publish data. So we can see how new truck orders are trending. One note of caution is that new truck orders tend to be a lagging indicator and largely driven by the health of trucking spot rates.

Manufacturing Procurement 98

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FreightWaves SONAR

FEBRUARY 2, 2021

Apply big data through advanced analytics to understand current load rates, including predictive modeling of future rates. Big data remains essential now during this recovery phase aimed at improving carrier operations. Carrier and trucking network performance hinge on collecting and practically applying data.

Tips 98

Tips Waste Reduction Cost Reduction Operations 98

Logistics Business Magazine

APRIL 7, 2023

Always accurate and real-time data on weight and possibly dimensions. Driving at a constant speed on a smooth floor, generates a real-time and reliable set of data on weight and volume that can be transferred to any ERP or WMS and can be used to invoice your customers by weight. Optimize order picking and save money.

Supply Chain Design Software 63

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WorkWave

APRIL 3, 2024

It allows businesses to efficiently assign delivery tasks to drivers based on real-time data and predefined parameters. From the moment an order is placed to its final destination, customers can track the progress of their shipments every step of the way.

Optimization Software 52

Optimization Software Meeting Logistics Network Optimization Software Negotiating Skills 52

Locus

JUNE 27, 2023

Even the industry’s titans, who boast sizable in-house fleets, often find themselves outsourcing orders to third-party carriers due to overwhelming volumes and the absence of logistical infrastructure in specific areas and countries. Transportation networks form the vital nerve center for every delivery-focused organization.

Outsourcing 52

Outsourcing Optimization Software Cost Reduction Supply Chain Software 52