Remove Demo Remove How To Remove Procurement Remove Strategy
article thumbnail

SONAR Indices & Insights: Improve Freight Shipping Procurement with SONAR SCI’s Lane Acuity Plus

FreightWaves SONAR

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

article thumbnail

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

FreightWaves SONAR

That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Calculating LTL shipping is an essential part of rate negotiation and capacity procurement and is an important step in securing the best bids, marketing shipping rates and maximizing profit margins. How to track trends developing in long-term pricing agreements.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to Measure Success: KPIs for Inbound Logistics

WorkWave

It encompasses all the steps taken to procure, receive, transport, store and manage incoming goods and materials that are essential for production, assembly or distribution within a business. For more information on how RouteManager can empower your team to tighten your inbound logistics, schedule your free demo today.

Inbound 52
article thumbnail

Truckload rates: Using data predict and prepare spot vs. contract bids and RFPs

FreightWaves SONAR

Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. When enterprise shippers know how to prepare for and predict contract truckload rates accurately, they are more likely to find success with their RFP bids.

article thumbnail

How to Improve Inventory Turnover with Inventory Optimization

EazyStock

How to Increase Inventory Turnover with Inventory Optimization. This post will explain how, but first, let’s deal with a few simple definitions. Here are six inventory optimization strategies to improve inventory turnover without damaging stock availability: Know your inventory items’ position in their product life cycle.

article thumbnail

[INFOGRAPHIC] Intermodal freight vs. truckload: What you need to know

FreightWaves SONAR

How to know when it’s time to rethink your intermodal versus truckload strategy And lastly, the primary factor goes back to knowing when to start considering expansion of intermodal freight use in conjunction with rebidding on existing lanes. Request a SONAR Demo. Request a SONAR SCI Demo.

Freight 97
article thumbnail

What is FreightWaves SONAR shipping lane acuity

FreightWaves SONAR

Successful freight management hinges on effective procurement and insight into current market conditions. In other words, focusing on those lanes with lower acuity scores will have the net effect of lowering total freight spend, while promoting increased freight procurement and fewer tender tender rejections. Request a SONAR Demo.