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. The volatility in the auto industry has wreaked havoc on the Detroit freight market. .

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

FreightWaves SONAR

MARCH 12, 2024

For years prior to the pandemic, the consistency and integrity of global trade lanes meant that the industry viewed costs and lead times as assumptions rather than obstacles, especially as each generation of cargo ship has grown ever larger. But in aggregate, patterns become evident within the data.

Trends 65

Trends Inventory Reduction Cost Reduction Ordering 65

FreightWaves SONAR

APRIL 29, 2021

The pandemic has sent the retail industry on a K-shaped trajectory — the final straw that has sent many retail chains into bankruptcy while also contributing to a surge in sales for many of the leading chains. Using SONAR data in contract negotiations with carriers and 3PLs. . Evaluating freight flows for private fleet conversion. .

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Transporeon

FEBRUARY 12, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

Transporeon

FEBRUARY 12, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

Transporeon

FEBRUARY 11, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Purchasing Skills 48

FreightWaves SONAR

FEBRUARY 24, 2021

The freight transportation industry has always been slow to adopt new advances in tools, software and automation. However, 2020 helped shed light on just how behind the industry is compared to others. Prioritizing moves based on inbound and outbound data trends. Industry expert guidance as a best practice.

White Paper 52

White Paper Cost Reduction Price Reduction Supply Chain Software 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. In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

GlobalTranz

JANUARY 17, 2018

However, manufacturers must also look beyond systems and software, uncovering how better processes and strategy can enhance operation through these additional trends. Manufacturers Looks to Reduce the Skills Gap, a Consistent Issue When Talking Trends in American Manufacturing. The Dominance of E-Commerce Continues.

Manufacturing Procurement 58

Manufacturing Procurement Cost Reduction Resource Reduction Trends 58

Shipping and Freight Resource

NOVEMBER 23, 2021

The data indicates that export volumes are going down month on month and import volumes are increasing, making it detrimental to the US economy and concerns have been raised by several quarters in the media. As per data from Shifl.com, the import rates did come down slightly at the end of October but seems to be rising slightly again. “

Outbound 85

Outbound Logistics Network Optimization Software Sourcing Supply Chain Software 85

FreightWaves SONAR

JANUARY 12, 2021

However, peer, market and historical freight invoice data can help, and it’s essential to know why. Freight management parties still struggle with limited, outdated data. Freight management parties may not know where to turn for meaningful, actionable freight data. At the same time, data is not created equally.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

CLX Logistics

APRIL 26, 2019

The year 2018 was challenging for shippers in all industries, including chemical, due to capacity constraints in the marketplace that inflated costs. For companies willing to embrace opportunities for improvement across the entire supply chain, here’s a look at the top transportation procurement and benchmarking trends.

Optimal Sourcing 51

Optimal Sourcing Negotiating Skills Procurement Cost Reduction 51

FreightWaves SONAR

SEPTEMBER 29, 2023

Even during times when the industry is described as “a shipper’s market,” figuring out what to expect has proven difficult at best. The disruption forced many industries around the globe into a sonic-class boom of growth. The supply chain is everywhere and affects every industry on the planet.

Cost Reduction 52

Cost Reduction Negotiating Skills Resource Reduction Capacity 52

GlobalTranz

JULY 14, 2017

The answer is simple; shippers must track the right data. Knowing the proper metrics and data points to track promotes cost-effective shipping practices and can improve vendor, carrier and consumer relationships, reports Merrill Douglas of Inbound Logistics. Thus, shippers can identify trends toward lower-rate carriers over time.

Data 60

Data Vendor Strategies Negotiating Skills Resource Reduction 60

Camelot 3PL Software

DECEMBER 6, 2023

It provides visibility into current stock levels, location of items, and the status of inbound and outbound shipments. This real-time data can help prevent stockouts and overstock situations, improving customer satisfaction and reducing carrying costs. This can be achieved more easily through technologies like barcoding.

3PL 52

3PL Optimization Software Inventory Reduction Logistics Network Optimization Software 52

FreightWaves SONAR

MARCH 5, 2021

The freight brokerage industry has traditionally focused its attention on the training and development of its customer sales staff. Should] you just figure out if it should be 5% or 6% [without data]?” SONAR is near-real-time data. Photo: Jim Allen/FreightWaves at Edge Logistics.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

FreightWaves SONAR

APRIL 8, 2021

Rate data is available for Van (TSTOPVRPM), Reefer (TSTOPRRPM) and Flatbed (TSTOPFRPM) modes. . While SONAR has other indices for rate data, Truckstop.com data is important as many small to medium (and some large) brokerages rely on the site to source carriers. You can view data in weekly, bi-weekly, monthly and annual changes.

Negotiating Skills 95

Negotiating Skills Freight Price Reduction Outbound 95

Logistics Business Magazine

JANUARY 19, 2022

Making the best use of industrial warehouse space has become even more urgent at the start of 2022 with the latest figures suggesting a severe shortage is due to the pressures of e-commerce. To achieve that they also need efficient data to keep control of their stock. A recent report has highlighted that only 18.1

Waste Reduction 55

Waste Reduction Resource Reduction Inventory Reduction Cost Reduction 55

FreightWaves SONAR

JULY 10, 2023

The loss of predictability The domestic freight market was relatively stable after the Great Recession, which trended right in line with economic growth. That pattern changed in 2016 as the industrial economy hit a stumbling block after the oil markets collapsed but the economy. Sign up for a SONAR demo. appeared first on SONAR.

Freight 52

Freight Capacity Outbound Supply Chains 52

FreightWaves SONAR

FEBRUARY 8, 2021

Unfortunately, disruption and market volatility – sudden changes within the industry – will often have a dramatic effect on the spot market. Freight management remains an industry in which balance reigns supreme. The data analyzed within today’s freight market goes back to the beginning of digital transformation.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

FreightWaves SONAR

DECEMBER 15, 2020

A lack of data is the absolute villain in this scenario for brokers and all trading parties. Gather data for the analysis. Additionally, integrations into telematics for real-time data or connecting via IOT-enabled sensors bridge the disparities in various network assets, including equipment and individual pallets.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

FreightWaves SONAR

APRIL 14, 2021

Chart of the Week: Outbound Tender Volume Index – USA, Personal Consumption Expenditures – Durable Goods SONAR : OTVI.USA, PCE.DG Chart of the Week: Outbound Tender Volume Index – USA, Personal Consumption Expenditures – Durable Goods SONAR : OTVI.USA, PCE.DG

Manufacturing Procurement 52

Manufacturing Procurement Capacity Procurement Analytics Trucking 52

Logistics Viewpoints

MAY 12, 2022

As a result, warehouse space is scarce and rents are on the rise – a trend that could continue “for at least another two years,” according to a recent report from commercial real estate services firm JLL Inc. And accurate and accessible inventory data for the yard opens up the ability to use on-site trailers as warehouse overflow capacity.

Supply Chain Design Software 113

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 113

FreightWaves SONAR

MARCH 18, 2021

Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. So, it’s equally valuable to know the constraints and to apply data to overcome them with mini-bids. It’s a very complex and endless process that can all come to a standstill when disruption strikes.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

FreightWaves SONAR

JANUARY 5, 2021

Let’s look at seven ways that freight technology and data achieves that goal. Freight data reduces dwell time and load time. Dwell time remains one of the biggest issues facing the industry in terms of expenses and time utilization. Data-driven processes streamline shipping. Operating Ratio.

Cost Reduction 106

Cost Reduction Waste Reduction Expense Reduction Price Reduction 106

FreightWaves SONAR

APRIL 20, 2022

Hunt, the largest domestic intermodal player in the industry. FreightWaves SONAR, Outbound tender volume levels downward decline accelerates. The Outbound Tender Reject Index, which measures relative capacity in the market through rejection rates, has plummeted as well – further indicating that the spot market is softening.

Demo 52

Demo Outbound Logistics Network Optimization Software After-sales 52

Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. SKUs provide sellers and the 3PL fulfillment centers that they work with invaluable data about sales and inventory management. Today, we’re talking about SKUs, also known as Stock Keeping Units. What are SKUs Used for?

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

GlobalTranz

MAY 31, 2018

It is essential in organizing activities in the transportation industry effectively and efficiently. The challenges that the transportation industry faces are enormous. Government regulation that touches on aspects of volume and carriage is another force that’s in play in the industry. Download White Paper.

Tips 65

Tips Transportation Outbound Vendor Strategies 65

FreightWaves SONAR

FEBRUARY 24, 2021

What’s driving the change in ocean shipping and how does SONAR help shippers see the trends The import boom appears far from over, and it will have implications long after this wave of unprecedented orders subsides. And it all begins with getting the right data sources and insights at your fingertips to navigate the freight market.

Price Reduction 92

Price Reduction Cost Reduction Sourcing Strategies Demo 92

GlobalTranz

APRIL 21, 2017

Easily import or export data, and you can simplify accounting and payments through routine reports and billing. Cloud-Based Data Analytics Identify Trends and “Concerns.”. Cloud-based TMSs utilize analytics to identify key trends that not obvious. Both Inbound and Outbound Logistics Benefit From Implementing a TMS.

Supply Chain Planning Software 64

Supply Chain Planning Software Vendor Strategies Optimization Software Inventory Reduction 64

Now, That's Logistics

NOVEMBER 29, 2022

These and other positive trends may prove beneficial for shippers as we head into 2023, while lower demand and stabilizing freight rates are likely to have an opposite effect on ocean carriers. It should come as no surprise that the container industry experienced its most profitable years in history during the 2021-22 timeframe.

Price Reduction 60

Price Reduction Factories Cost Reduction Freight 60

Talking Logistics

MAY 14, 2019

Businesses operating globally are subject to specific industry and country regulatory policies enforced in every region, requiring extensive governance of ongoing trade compliance programs. Combined with the shipment criteria, complete supply chain visibility is achieved for both inbound and outbound material movements and product quality.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 97

FreightWaves SONAR

APRIL 1, 2021

For instance, as carrier rejection rates increase in outbound tenders, shown above, rates will climb, and predictions within the current FWS7.USA USA ticker show a trend toward significant increases going forward. According to John D. That’s especially true considering the surging parcel demands created by e-commerce.

Freight 93

Freight Optimal Sourcing Logistics Network Optimization Software White Paper 93

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

GlobalTranz

JANUARY 23, 2015

Both industrial engineering and operations research have their roots in logistics. Fredrick Taylor, who wrote The Principles of Scientific Management in 1911 and is considered the father of industrial engineering, focused his early research on how to improve manual loading processes. History of Supply Chain Management: Roots.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 134

Talking Logistics

MARCH 13, 2018

This connection enables you to communicate with your customers, suppliers, and logistics service providers simply by sending and receiving emails to confirm direct material purchases, invoices, and outbound shipments or by leveraging the more sophisticated methods mentioned above. Moving to The Final Four has its challenges.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 61

Transporeon

SEPTEMBER 20, 2018

In the context of cross-industry implementation of continuous-flow and lean manufacturing, delivery volumes are shrinking and delivery times are being reduced. Demand for both outbound and inbound freight remains highest in the Southeast, Texas and Upper Midwest regions, with demand outpacing available carrier capacity.

Price Reduction 101

Price Reduction Cost Reduction Resource Reduction Capacity 101