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Winning strategies for distributors and manufacturers during an economic downturn

EazyStock

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

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7 ways freight tech reduces operations costs and improves profits for carriers

FreightWaves SONAR

Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Freight data reduces dwell time and load time. Operational costs continue to increase for carriers year to year.

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[Infographic] Introducing SONAR emissions data and how shippers can use it

FreightWaves SONAR

Understanding emissions data allows optimal planning and strategies for shipment execution, which in turn provides solutions to wasted cargo space and provides the most efficient transportation mode for the job. Moreover, it cuts costs and lowers carbon emissions. Reduce reliance on fuel in markets with higher fuel costs.

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What Shipping Analytics Tools Should Freight Market Participants Have in Their Freight Stack?

FreightWaves SONAR

Analytics-driven processes to reduce excess inventory. Shippers also need a way to look beyond the enterprise’s four walls to understand waste. Wasted warehouse space leads to higher overhead. Yet analytics-driven processes can reduce excess inventory. For example, market conditions show shippers’ rate trajectories.

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How LTL shipping rates work and how to track trends developing in long-term pricing agreements

FreightWaves SONAR

However, they have taken a backseat in modernity as carriers realized shippers were wasting space in packaging. That gave rise to a new time pricing strategy, dimension (DIM) pricing. . In this example, the shipping rate would be based on the DIM pricing weight of eight pounds. Request a SONAR Demo.

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A guide to optimizing your supply chain

EazyStock

Supply chain optimization can be explained as aiming to minimize operating costs and streamline processes throughout the supply chain to improve efficiency, reduce risk and ensure stock availability at each stage. This increases pressure on companies to reduce their carbon footprint and build sustainability into their processes.

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A guide to optimizing your supply chain

EazyStock

Supply chain optimization can be explained as aiming to minimize operating costs and streamline processes throughout the supply chain to improve efficiency, reduce risk and ensure stock availability at each stage. This increases pressure on companies to reduce their carbon footprint and build sustainability into their processes.