3PL Insights

DECEMBER 14, 2022

A Warehouse Management System (WMS) will improve shipping and receiving operations, inventory accuracy, verify order status, measure labor hours, and picking accuracy. Data-driven Business Intelligence. While the WMS collects the raw data, the evans365 portal gives customers an interactive dashboard to observe trends.

3PL 52

3PL Optimization Software Logistics Network Optimization Software Inventory 52

FreightWaves SONAR

SEPTEMBER 28, 2023

Multiple factors are fueling this shift — from inventory correction to nearshoring — and the trend is not expected to reverse anytime soon. The trend is more important than the current value in this situation,” Strickland continued. This would naturally drive down demand from the West. What does this mean for freight rates?

Inventory Reduction 59

Inventory Reduction Freight Cost Reduction Manufacturing Procurement 59

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. These methods can reduce travel time for pickers and speed up order fulfillment.

3PL 52

3PL Optimization Software Inventory Reduction Logistics Network Optimization Software 52

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

FreightWaves SONAR

SEPTEMBER 28, 2023

Multiple factors are fueling this shift — from inventory correction to nearshoring — and the trend is not expected to reverse anytime soon. The trend is more important than the current value in this situation,” Strickland continued. This would naturally drive down demand from the West. What does this mean for freight rates?

Inventory Reduction 52

Inventory Reduction Freight Cost Reduction Manufacturing Procurement 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

Price Reduction Data Freight Optimization Software 52

GlobalTranz

MAY 1, 2018

Since this trend isn’t likely to change anytime soon, shippers who can contain the cost of shipping by maximizing efficiency and optimization throughout their shipping network will be on firm ground heading into the future. Data-driven analytics enables you to make cost-effective transportation decisions. DOWNLOAD WHITEPAPER.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

Morai Logistics

APRIL 29, 2020

It’s a software that uses close to real-time data to give companies a picture of upcoming demand. An article of demand sensing by Supply Chain Brain explains, Demand sensing, as the name implies, is essentially the art and science of picking up on short-term trends immediately, in order to better predict what consumers will want.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 88

FreightWaves SONAR

SEPTEMBER 29, 2023

So, companies see higher demand for online ordering, and the supply chain must respond. freight market has grown in volume since the July 4th holiday, which is counter to historic trends. How should a shipper read this data as a user or prospective user of SONAR? In addition to spikes in ecommerce volumes, the overall U.S.

Cost Reduction 52

Cost Reduction Negotiating Skills Resource Reduction Capacity 52

FreightWaves SONAR

SEPTEMBER 16, 2021

Numerous apparel companies, including Lululemon, Adidas and Crocs have all announced plans to increase their reliance on air freight in order to have inventory onshore during the holiday season. The Outbound Ocean TEU Index (OOTI) from Vietnam to the U.S. Chart: FreightWaves SONAR. Request a SONAR Demo.

Freight 98

Freight Supply Chain Planning Software Outbound Manufacturing Procurement 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

FreightWaves SONAR

MARCH 5, 2021

Should] you just figure out if it should be 5% or 6% [without data]?” Managers will need to train carrier sales teams to understand the importance of using the correct carrier at the right time, and they must be able to negotiate effectively in order to maintain recurring revenue. SONAR is near-real-time data.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

Ship Monk

AUGUST 22, 2022

SKUs provide sellers and the 3PL fulfillment centers that they work with invaluable data about sales and inventory management. From there, products and sales can be tracked, and your inventory management system can acquire useful data that helps with reorders and customer relations. Optimized Ordering. What are SKUs Used for?

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

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 After the order is placed, production begins relatively quickly.

Manufacturing Procurement 52

Manufacturing Procurement Capacity Procurement Analytics Trucking 52

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

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. These powerful new systems can track each inbound order not by just the trailer and PO number, but by each individual SKU.

Supply Chain Design Software 113

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

FreightWaves SONAR

JUNE 1, 2023

Connecting demand signals, order flows and inventory data across those chains enables new algorithmic decision-making that can optimize Walmart’s supply chain for flexibility and responsiveness. The Outbound Tender Reject Index measures the percentage of load tenders rejected by carriers.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 52

GlobalTranz

FEBRUARY 25, 2021

The product would travel in reverse through the supply chain network in order to retain any use from the defective product. Like traditional outbound logistics, return logistics requires the careful planning of pick-ups and deliveries of products, however, the involvement of end-consumers in the process creates additional complexities.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Logistics Viewpoints

MAY 24, 2021

is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for healthcare facilities. Cardinal picks, packs, and ships orders the next day across the country. Cardinal needs to use FourKites to build up the historical shipment data.

Optimal Sourcing 83

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Software 83

FLS Transport

NOVEMBER 17, 2021

31, 2022 in order to help move cargo along for the holidays. The data is in for this week and there doesn’t seem to be much consistency to the trends with some stats increasing while others decrease. To see the data trends, Spot Rates, and where capacity is loosening, click here. . 1, 2021 through Jan.

Freight 52

Freight Cargo Outbound Modeling Software 52

FreightWaves SONAR

SEPTEMBER 1, 2021

For example, the Outbound Tender Volume Index (OTVI) is a 7-day moving average of shippers’ requests for capacity. This meant FEMA had to pay higher rates for carriers to forego high-paying long-haul opportunities in order to position themselves in areas affected by the storm. Interested in getting an edge during weather-related chaos?

Freight 98

Freight Inbound Demo Events 98

Logistics Viewpoints

DECEMBER 7, 2021

Most shippers currently face a long list of challenges thanks to some well-known trends. E-commerce order volume keeps climbing, straining carrier capacity with shippers sending more parcels outbound and receiving more returns inbound. Requirements to manage carrier invoices and other transactions grow in stride.

Price Reduction 114

Price Reduction Cost Reduction Inventory Reduction Capacity 114

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time. Outbound KPIs. Manufacturing KPIs.

Manufacturing Procurement 105

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

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. New advances in data-driven transportation management help reduce dwell time impact by streamlining scheduling and avoiding bottlenecks in the yard. Data-driven processes streamline shipping.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

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. Flush with cash, carriers have ordered new ships even as freight rates began to normalize in 2022. million TEUs in 2023 and 2.83

Price Reduction 60

Price Reduction Factories Cost Reduction Freight 60

FreightWaves SONAR

APRIL 20, 2022

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. Interested in staying on top of the freshest freight market data?

Demo 52

Demo Outbound Logistics Network Optimization Software After-sales 52

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.”

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

GlobalTranz

MARCH 30, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Implementing new technology is a complicated process, but it can be simplified as follows: Integrate systems that control both inbound and outbound freight. Download white paper. Why Do Warehouse Managers Continue to Use Old Technologies?

Supply Chain Design Software 69

Supply Chain Design Software Optimization Software Supply Chain Software Distribution 69

FreightWaves SONAR

FEBRUARY 24, 2021

Supply chains have fractured under the weight of recent maritime import demand, forcing shippers like Peloton (NASDAQ: PTON) to find pricier alternatives in order to not miss their window of opportunity. The Ocean TEU Index measures booking requests for capacity, much like the Outbound Tender Volume Index (OTVI) does for domestic trucking.

Price Reduction 92

Price Reduction Cost Reduction Sourcing Strategies Demo 92

Logistics Bureau

JULY 18, 2022

All the same, it can be challenging to know where to start, what steps to take, and in what order to take them to establish a realistic and effective supply chain strategy. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Naturally, the first part of this task will be to research and clarify those key trends.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

FreightWaves SONAR

JANUARY 14, 2021

For carriers to stay strategic, they must recognize that demand is growing and apply trucking data to plan accordingly. However, it does represent a need to have more accurate and timely data when making any decision. Part of that data includes invaluable indices, such as the Outbound Tender Reject Index (OTRI) in FreightWaves SONAR.

Industry 97

Industry Trucking How To Operations 97

3PL Links

OCTOBER 6, 2022

A company that handles order processing, distribution to customers, and storage operations is known as a logistics operator. There are companies who meet all logistics functions to reduce costs, enhance service, and remain competitive while adjusting to your company’s needs in order to meet the obstacles that businesses face every day.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Supply Chain Planning Software 4PL Modeling Software 62

GlobalTranz

AUGUST 31, 2018

Labor regulations requirements (including safety and OSHA rules), picking practices, and order-fulfillment standards have evolved. Customer experience now takes priority over all needs in the warehouse, and in the age of e-commerce, the customer expects to order anything and everything. GET YOUR COPY HERE. Download White Paper.

Supply Chain Design Software 48

Supply Chain Design Software Optimization Software Modeling Software Supply Chain Software 48

Logistics Viewpoints

JUNE 16, 2023

The data also signaled that supply chain leaders expect ongoing increases in operating costs, as 6 in 10 respondents expect operating costs to be 10 percent to 20 percent higher this year than in past years. Su is trying to cool off the two sides as employers grow increasingly frustrated with dockworkers disrupting operations.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 103

GlobalTranz

FEBRUARY 7, 2018

We expand upon the supply chain technology trends we spoke about in the first part of this blog series, but let’s take a look at 5 more supply chain tech trends that will shape 2018. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.

Supply Chain Design Software 68

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Technology 68

Transporeon

SEPTEMBER 20, 2018

Despite long-term contracts and fixed rates, shippers are seeing orders refused by carriers that have reliably transported their freight in the past. Often, however, the shipper has to tell its customer that an order cannot be delivered on the agreed-upon date. Both of these scenarios are problematic for the shipper.

Price Reduction 101

Price Reduction Cost Reduction Resource Reduction Capacity 101

GlobalTranz

MAY 31, 2018

The Freight & Transportation Management Trends to Know in 2018. Describe the Inbound Transportation This description covers the process by which an ordered product moves from the vendor and gets delivered to your warehouse. It is a hands-on activity which relies on real-time data. Download White Paper.

Tips 65

Tips Transportation Outbound Vendor Strategies 65