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 Freight management parties still struggle with limited, outdated data.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

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. Want an easy win?

Negotiating Skills 52

Negotiating Skills Supply Chains Price Reduction Cost Reduction 52

WorkWave

DECEMBER 8, 2023

What are inbound and outbound logistics? Both inbound and outbound logistics involve the transportation of products across various distribution channels, however inbound logistics deals with supply and outbound logistics fulfill demands. This guide outlines the essential KPIs you should be monitoring to ensure efficiency.

Inbound 52

Inbound Optimal Sourcing Logistics Network Optimization Software Inventory Reduction 52

FreightWaves SONAR

MARCH 5, 2021

In the image below, use the following as your guide to interpreting: Blue = outbound tender rejections for the Dallas market, which measure service, capacity and price. Green = outbound volumes (demand). It shows outbound volumes increasing and inbound supply decreasing. Capacity signals for the freight market.

Freight 98

Freight Cost Reduction Price Reduction Outbound 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. . SONAR data can identify tight relationships such as U.S.-bound

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

MARCH 2, 2021

Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. In fact, logisticians should consider these top five use cases of increased visibility and data within logistics and how they improve throughput. Download the White Paper.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 48

Supply Chain Planning Software Logistics Network Optimization Software Inventory Reduction Trends 48

Logistics Viewpoints

OCTOBER 26, 2023

My answer — to CIOs in particular — boils down to the complicated and disconnected stack of supply chain solutions most companies are saddled with, from legacy systems that weren’t architected to ingest and process real-time data to newer point solutions that are siloed from other critical operational systems.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Transformation 120

GlobalTranz

SEPTEMBER 14, 2018

Warehouse Managers Avoiding Omnichannel Supply Chain Strategies Will Lose Competitive Ground Competitive advantage is based on the ability of companies to offer products or services at reasonable, competitive prices. Integrate inbound and outbound logistics and supply chain management systems.

Price Reduction 48

Price Reduction Cost Reduction Inventory Reduction Supply Chain Software 48

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. Less-than-Truckload Data Shows Carrier Performance Scores per Carrier.

Data 60

Data Vendor Strategies Negotiating Skills Resource Reduction 60

Logistics Viewpoints

OCTOBER 5, 2022

Here is a quick breakdown of the phases as described by both Matt and Fab Brasca, EVP, Industry and Market Strategy. SEE and RESPOND: the ability to get ahead of data, see the data and respond accordingly. The big piece here is you need to be able to break apart the data silos.

Optimization Software 130

Optimization Software Supply Chain Software Supply Chains Logistics Network Optimization Software 130

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

Logistics Business Magazine

FEBRUARY 23, 2024

Red Bull’s Formula One HQ in Milton Keynes is an appropriate and impressive backdrop to learn why data is fuel in logistics. High performance in logistics can be maintained by extracting insights from data and taking practical steps. Complexity requires having a data strategy.” Machine help? Our industry is en vogue.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 60

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

NOVEMBER 19, 2020

According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.

Supply Chain Software 106

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 106

Logistics Viewpoints

SEPTEMBER 16, 2021

Limited Granularity of Data Leads to a Lack of Actionability. When a shipper cannot understand the various factors playing into market volatility, this is known as limited granularity of data. Traditional Inventory Replenishment Strategies No Longer Work. Cybersecurity Concerns Remain.

Supply Chain Design Software 129

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 129

Logistics Business Magazine

OCTOBER 16, 2023

Traditional computational tools would require years to collect and learn from operational data to produce similar results. Routing: The solution evaluates all potential routes and incorporates dynamic data sets, such as weather and travel times, to optimize and identify ideal outbound and reverse logistics routes.

Optimization Software 67

Optimization Software Optimization Modeling Optimization Inventory Reduction 67

GlobalTranz

AUGUST 4, 2021

That alone is evidence that shippers need to start rethinking their strategies and supply chain risk management systems, but there are other challenges that are often overshadowed by the pandemic in the past year like weather, supply chain cyber security , labor shortages, market volatility, and more. Cybersecurity Concerns Remain.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 115

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. The data analyzed within today’s freight market goes back to the beginning of digital transformation. Contract versus spot data factors influence the profitability of all fleet assets. Download the White Paper. trucking market.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

Logistics Viewpoints

OCTOBER 10, 2022

Implementing the solution involved cleaning up master data and mapping their complete global supply chain. Risk management solutions scrape data from hundreds of thousands of online & social-media sites, but Autoliv also has access to sources of information that they pay for. The implementation was not trivial. Any final thoughts?

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 134

FreightWaves SONAR

MARCH 5, 2021

Should] you just figure out if it should be 5% or 6% [without data]?” Unlike other tools in the market, the Lane Signal considers an abundance of data from multiple sources, not just dirty data that flows through one system like other industry tools. SONAR is near-real-time data.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

Logistics Problem Solving

SEPTEMBER 7, 2017

Today, more than 20 years later, there are many companies receiving this data from the carriers and presenting it to the user on their web screens. Track & trace data allows for the shipping process to move smoothly and expectedly, and provides opportunities for remedies when things don’t go smoothly.

Tracking and Tracing 54

Tracking and Tracing Vendor Strategies Logistics Network Optimization Software Outbound 54

Logistics Viewpoints

DECEMBER 7, 2021

E-commerce order volume keeps climbing, straining carrier capacity with shippers sending more parcels outbound and receiving more returns inbound. Carrier capacity management strategies ease the crunch. Proactive shippers have used multi-carrier parcel shipping technologies and strategies to navigate rising carrier costs for years.

Price Reduction 114

Price Reduction Cost Reduction Inventory Reduction Capacity 114

Logistics Business Magazine

JUNE 6, 2022

while gaining the tools needed to better evaluate and manage its large volume of data and criteria. The solution provides intelligent, strategic and holistic planning for the organisation’s entire outbound logistics network. carriers’ rates, capacity constraints, minimum/maximum viable volumes, etc.),

Logistics Network Optimization Software 64

Logistics Network Optimization Software Cost Reduction Resource Reduction Networks 64

247 Customs Broker

NOVEMBER 30, 2018

Warehouse Managers Avoiding Omnichannel Supply Chain Strategies Will Lose Competitive Ground. The easiest way to move toward an omnichannel strategy lies in following these tips: Re-evaluate inventory-optimization techniques and systems. Integrate inbound and outbound logistics and supply chain management systems.

Price Reduction 28

Price Reduction Cost Reduction Inventory Reduction Supply Chain Design Software 28

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. This involves using real-time data and technology to get information about manufacturing processes when and where it is needed, in the form it is needed, to empower smart decisions about business operations.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

Logistics Problem Solving

SEPTEMBER 7, 2017

Today, more than 20 years later, there are many companies receiving this data from the carriers and presenting it to the user on their web screens. Track & trace data allows for the shipping process to move smoothly and expectedly, and provides opportunities for remedies when things don’t go smoothly.

Tracking and Tracing 48

Tracking and Tracing Vendor Strategies Logistics Network Optimization Software Outbound 48

FreightWaves SONAR

MARCH 22, 2021

The WRI combines outbound tender market share (OTMS) and the weekly change in tender rejection rates (OTRIW). For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days. FreightWaves SONAR is the fastest and most comprehensive freight market data and analytics platform in the world.

Capacity 98

Capacity Demo Price Reduction Cost Reduction 98

GlobalTranz

MAY 12, 2021

Look for a 3PL provider that offers a TMS and technological capability to provide real-time data to drive optimized decision-making and automation. An experienced 3PL provider has developed strategies for many other shippers and can adapt successful strategies for a customized supply chain optimization plan. Technology.

Supply Chain Software 114

Supply Chain Software Supply Chain Planning Software 3PL Supply Chains 114

GlobalTranz

MAY 8, 2017

This example generates a huge amount of data that can leverage in the supply chain. But, the same data can have a drastic impact on transportations planners and agencies around the globe. Today’s Status: Today, this technology is limited to automated identification and data capture (AIDC) applications.

Supply Chain Software 75

Supply Chain Software Supply Chains Automation Trends 75

Logistics Viewpoints

JANUARY 19, 2021

For this reason, supply chain solutions have become an integral part of business strategies to cope with these ever-increasing complexities. By doing this, you can run a day or a week in the life of your operation and get back data on its performance capability. Areas can include: In- and outbound workflows. Material handling.

Supply Chain Software 95

Supply Chain Software Modeling Software Optimization Software Logistics Network Optimization Software 95

GlobalTranz

APRIL 5, 2017

Some cite a lack of visibility or lack of control for reasons to not manage inbound logistics, and while proponents of “increased visibility” argue more information begets more effective inbound logistics strategy, its meaning gets lost in the murky waters of the internet. The information only gets grimmer from here.

Inbound 49

Inbound Vendor Strategies Cost Reduction Inventory Reduction 49

Talking Logistics

MAY 14, 2019

Commercialization strategies evolve, supply chains expand, and production rates accelerate. Addressing this challenge, executives are rethinking their business models and strategies to improve product quality and avoid issues surrounding test results, material specifications, non-conformances, recalls, and supplier corrective action requests.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 97

Now, That's Logistics

APRIL 13, 2021

“That choice these companies make dictates their logistics, fulfillment, and transportation strategies,” Largeau points out. Where those taking the DIY approach can maintain direct content with their customer bases and control the customer experience, they also have to build out their own fulfillment and shipping strategies.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Transportation Expense Reduction How To 78

FreightWaves SONAR

DECEMBER 3, 2020

Collaboration means parties must share data in real-time. That includes compliance with the inbound freight routing guide and outbound activities. They sort through prior quotes, invoices and shipment data to check invoice accuracy. Put the right shipping analytics tools to work with freight data resources.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

Logistics Viewpoints

MAY 12, 2022

Depending on the size of a facility, the inability to quickly locate “arrived inventory” in a trailer can put outbound orders or production lines at risk. 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

Logistics Problem Solving

JUNE 2, 2017

This includes both outbound and inbound freight. Stale, Incomplete Data Is a Problem in Problem Solving. Usually it’s the data. Many times, the shipper goes to their IT department to get the data they need to run an analysis to find out how compliant they are or to look for strategies to lower their spend.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Resource Reduction Cost Reduction Logistics 75