Logistics Viewpoints

SEPTEMBER 25, 2023

Greenhouses can be constructed to be like semiconductor clean rooms which would eliminate the need for pesticides. Greenhouses can be located near population centers and the growing season can occur all year long; this improves the freshness of food while reducing GHG emissions. With the Affordable Care Act, those days are gone.

Supply Chain Software 131

Supply Chain Software Food and Agriculture Logistics Network Optimization Software Inventory Reduction 131

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. Unlike contracted rates, the spot freight market is full of wild price swings and uncertainty. Even with the big decline last year, spot prices have averaged 2%. Consideration of backhaul opportunities to eliminate deadheading in trucking.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

FreightWaves SONAR

FEBRUARY 26, 2021

Without clear insight into current activity, carriers cannot price loads effectively and will see declines in overall profitability. According to Trucks.com , “But reducing the number of miles that carriers drive empty – also known as deadhead miles – has proven to be a more elusive challenge. Request a SONAR Demo.

Trucking 96

Trucking Price Reduction Freight Cost Reduction 96

FreightWaves SONAR

MARCH 22, 2021

For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days. For example, if there is a darker red shading, you can expect that the shipping rates for space in a truck will also elevate on a cost per mile basis. Sign up for a demo here or by clicking the button below. .

Capacity 98

Capacity Demo Price Reduction Cost Reduction 98

FreightWaves SONAR

NOVEMBER 9, 2020

This week, learn how freight market participants, especially trucking carriers , rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations and the freight market at large. The local price is an average of those various prices.

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

EazyStock

APRIL 18, 2023

While they did show signs of reducing, a recent surge has seen levels remain high. High inflation rates are seeing price increases for everything from products and components to commodities and utilities, creating a global cost of living crisis. Supply chain infrastructure investment reduces. in 2023 and 4.3%

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

FreightWaves SONAR

JANUARY 7, 2021

Poor tender acceptance strategies. Take this example reported by Richard Davis in Supply & Demand Chain Executive , “It’s 7:00 p.m., While that’s an example of a particular warehouse, it has a natural implication for carriers. Consider the following example. Request a SONAR Demo. Empty miles.

Supply Chain Software 98

Supply Chain Software Supply Chain Design Software Supply Chain Design Automation 98

EazyStock

JUNE 16, 2022

Having systems and processes in place to reduce the possibility and subsequent impact of supply chain issues is extremely important. For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. AI was once only seen in science fiction. What is machine learning?

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

FreightWaves SONAR

FEBRUARY 17, 2021

Mobile devices have proven optimal for implementing innovative strategies, connecting freight loads with other equipment and assets , and more. For example, any redundant process needs current data, which provides shippers with several benefits. Get started by requesting a FreightWaves SONAR demo by clicking the button below.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98

Shipchain

MARCH 13, 2019

For example, initiating a recall is streamlined through blockchain by showing all movements of affected shipments. Supply chain leaders can validate payments for goods through blockchain, thereby reducing fraud. Tracking data while in transit reduces damage and ensures drivers maintain compliance. Trucks in the U.S.

Supply Chain Planning Software 119

Supply Chain Planning Software Waste Reduction Logistics Network Optimization Software Freight 119

FreightWaves SONAR

FEBRUARY 2, 2021

The state of logistics in 2021 continues to undergo transformation and disruption (continued from 2020), and while companies are looking for new logistics strategies to stay proactive, there comes a point at which supply chain leaders need a simple, fast way to view market conditions. Request a SONAR Demo. Freight Segment.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

Conger

JULY 22, 2021

For example, these systems can handle tasks ranging from: Receiving goods. For example, a Shopify storefront is an eCommerce platform. A Shopify storefront is an example of an eCommerce platform. Take our Shopify example again. And this can help reduce errors and cut costs in the process. Reduced Costs.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software eCommerce Logistics Network Optimization Software 52

EazyStock

MARCH 4, 2021

Here are six inventory optimization strategies to improve inventory turnover without damaging stock availability: Know your inventory items’ position in their product life cycle. This is so you can monitor their demand more closely and come up with strategies to reduce stock levels before the items become obsolete and have no demand.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

Ship Monk

JULY 27, 2022

Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! Demand forecasting helps you: Optimize inventory Align with your operational strategy Analyze demographic and product trends Surprise and delight customers Protect yourself against financial risks Prepare for peak season.

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

FreightWaves SONAR

JANUARY 7, 2021

Poor tender acceptance strategies. Take this example reported by Richard Davis in Supply & Demand Chain Executive , “It’s 7:00 p.m., While that’s an example of a particular warehouse, it has a natural implication for carriers. Consider the following example. Request a SONAR Demo. Empty miles.

Supply Chain Software 52

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 52

FreightWaves SONAR

MARCH 5, 2021

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. As an example for these negotiating capabilities, let’s take a look at the following lane, Los Angeles, CA to Dallas, TX. Utilizing the SONAR Lane Signal dashboard for carrier sales.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

Parade

FEBRUARY 10, 2022

Here are a couple of examples of how these partnerships can streamline operations , and multiply the benefits of these systems: · You can post directly to DAT load boards from the Parade platform, even setting up Book Now loads to streamline interactions between brokers and carriers. You read that right.

Vendor Strategies 78

Vendor Strategies Capacity Price Reduction Networks 78

Parade

JANUARY 3, 2022

For example, if you’ve got a carrier that says they hate L.A. Having carrier preferences as updated as possible can help get more quotes from carriers so that brokers and , freight agents have more options on each load, giving them better odds of getting them covered at a price they can stand to pay. #3. Brokers can block out all L.A.

Sourcing Strategies 78

Sourcing Strategies Optimal Sourcing Price Reduction Capacity 78

Parade

JANUARY 3, 2022

For example, if you’ve got a carrier that says they hate L.A. Having carrier preferences as updated as possible can help get more quotes from carriers so that brokers and , freight agents have more options on each load, giving them better odds of getting them covered at a price they can stand to pay. #3. Brokers can block out all L.A.

Sourcing Strategies 78

Sourcing Strategies Optimal Sourcing Price Reduction Capacity 78

Ship Monk

AUGUST 3, 2022

Not all of those examples are exactly illustrious, but they do (for the most part) prove that two heads really are better than one. We’ll get into some examples of the different types of “PLs” later, so hang on to your hats! Behind every hero is a sidekick who helps guide them to success. Ready, Set, Migrate!

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Inventory Reduction Resource Reduction 52

Ship Monk

NOVEMBER 14, 2022

An advertising strategy and budget Financial projections Demand forecasting Growth strategy (see our guides to growth and scaling your ecommerce business). For a truly successful ecommerce business strategy, you have to dig a little deeper. Slice of cake. Fruitcake. #2 2 Analyze Your Past Data and Compare It to Current Trends.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

RPA Labs

JANUARY 27, 2022

For example, it’s possible to pull dates, prices and other data from scanned invoices to be easily copied and pasted into a system with an OCR. For example, quality AI-powered chatbots can help problem solve and interact with customers in real-time. Put the Power of Complete Automated Processes to Work With RPA Labs .

Automation 74

Automation Logistics Network Optimization Software Document Data 74

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. What is demand planning?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. What is demand planning? Promotion management.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

Blue Grace Logistics

JUNE 22, 2021

This extraordinarily high demand for freight capacity has caused freight prices to increase as well. Ocean freight prices in the China to North America trade lane have increased by roughly 150% in the last year , while the China to North Europe trade lane saw a massive 575% increase in the same period. Want a free BlueShip Demo?

Capacity 64

Capacity Freight Supply Chain Software Manufacturing Procurement 64

Locus

FEBRUARY 7, 2022

John had his work cut out for himself as he had to suddenly handle greater complexity while maintaining the same standards. And that if they were not happy with their services or prices, they could always jump ship to another. Take the example of last year’s holiday season. Why automation is the way forward. Share and Enjoy !

Optimization Software 52

Optimization Software Optimization Automation Logistics Network Optimization Software 52

FreightWaves SONAR

APRIL 29, 2021

Meanwhile, national-branded consumer goods companies gained share from private labels during the pandemic and many are launching direct-to-consumer and subscription services looking to reduce their reliance on retail and reach their most loyal customers. . Pressure to develop an omnichannel strategy with strong customer service levels.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

MARCH 15, 2021

It can also show how a user’s targeted benchmark rate compares to the industry, the overall market, peers and at a pricing level. Additional implications include RFP strategy, knowing when to onboard new carriers, new lanes, hire more drivers or plan next distribution center sites. . Request a SONAR Demo.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

MARCH 2, 2021

Managing these exceptions with proficient tools allows for better insight and will assist in creating a more effective on-the-go strategy for unexpected problems. For example, the above image shows an OTRI of 26.83 Request a FreightWaves SONAR demo by clicking the button below. Request a SONAR Demo.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

Ship Monk

JUNE 8, 2022

How Can it Help Me Reduce Cost and Help Me Save? Using the example of the baby blanket business above, where demand rate is 24,000, setup costs are $7,000 ($3,000 + $4,000), and holding cost per blanket is $8.29, we can calculate the EOQ as follows: The square root of ((2 x $7,000 x 24,000) / $8.29) = EOQ of 6,366 blankets per order.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Ordering 52

FreightWaves SONAR

MARCH 4, 2021

Domestic transportation networks can better collaborate load capacity to reduce wasted miles and space. Assuming 100 loads per week and a $100 price tag per load would amount to $10,000 in freight spend, but evidence suggests SONAR users realize a savings of 2% through more informed and strategic carrier partnerships.

Supply Chain Planning Software 130

Supply Chain Planning Software Freight Optimization Software Resource Reduction 130

Shipchain

APRIL 2, 2019

Marrying electronic device manufacturers and blockchain software vendors will have a profound impact on reducing the spread of counterfeit products and more. For example, blockchain can leverage ELD data to refine the estimated time of arrival for deliveries, reports Finextra. Better Transparency Streamlines Industrial Processes.

Manufacturing Procurement 49

Manufacturing Procurement Supply Chain Design Software Procurement Solutions Supply Chain Software 49

Parade

AUGUST 5, 2019

By leveraging the right technology, brokerages can reduce grunt-work, streamline workflows, and scale engagement. For example, if you double the throughput of your best broker reps, you can save yourself on making an additional hire. Request a live demo. 1: Customized to Fit Your Business. 3: Proven Track Record of Success.

Vendor Strategies 60

Vendor Strategies Cost Reduction Price Reduction Case Study 60

Parade

AUGUST 5, 2019

By leveraging the right technology, brokerages can reduce grunt-work, streamline workflows, and scale engagement. For example, if you double the throughput of your best broker reps, you can save yourself on making an additional hire. Request a live demo. A technology solution must be proven to work for your specific needs.

Vendor Strategies 60

Vendor Strategies Cost Reduction Price Reduction Case Study 60

Parade

AUGUST 5, 2019

By leveraging the right technology, brokerages can reduce grunt-work, streamline workflows, and scale engagement. For example, if you double the throughput of your best broker reps, you can save yourself on making an additional hire. Request a live demo. A technology solution must be proven to work for your specific needs.

Vendor Strategies 60

Vendor Strategies Cost Reduction Price Reduction Case Study 60

FreightWaves SONAR

FEBRUARY 5, 2021

They banded together, and bought shares of the almost worthless company, driving up the price of the stock and pushing the hedge funds into a position where they lost those seemingly surefire bets. For example, trades that are made through the Robinhood app are executed by hedge funds like Citadel. Request a SONAR Demo.

Trucking 98

Trucking Negotiating Skills Logistics Network Optimization Software Data 98

Ship Monk

OCTOBER 3, 2022

A 3PL like ShipMonk uses proprietary software to automatically choose the best shipping carrier based on price, destination, and the delivery speed selected at checkout. Contact a ShipMonk team member today for a software demo or to learn more! This is where your dancing shoes are “picked” off the shelf and “packed” in a bag or box.

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Packaging Supply Chain Software 52