TransAudit

DECEMBER 14, 2022

Learning more about fuel costs and shipping will give you a better understanding of what’s going on and equip you with some strategies to help. In just the first few months of 2022, fuel prices had more than a $134 billion impact on this industry. Shipping companies rely on a variety of strategies to mitigate the impact.

Cost Reduction 73

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CH Robinson Logistics

MARCH 12, 2020

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. A key component of this technology trend is the need for a supply chain visibility platform. Request a demo here or email info@mytmc.com.

Supply Chain Design Software 62

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Freightos

NOVEMBER 15, 2023

More Resources Home November 15, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Price Reduction 105

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Freightos

FEBRUARY 22, 2024

More Resources Home February 22, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. American import hubs.

Price Reduction 71

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 71

FreightWaves SONAR

APRIL 13, 2021

Moreover, Supply & Demand Chain Executive explains , “Developing a point-of-departure strategy for partial and LTL shipments can give small and medium-size businesses delivery costs comparable to the mega shippers. Seeing the long-term trends over time provides shippers with more options and a better understanding of density.

Negotiating Skills 97

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FreightWaves SONAR

MARCH 23, 2021

Companies in the over-the-road trucking industry constantly strive to boost efficiency. With so many factors to consider, businesses in this industry may find it challenging to narrow down exactly where they should focus their time and money. Consideration of different modes allows for more flexibility in freight management strategy.

Resource Reduction 98

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FreightWaves SONAR

JULY 24, 2023

As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.”

Cost Reduction 105

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FreightWaves SONAR

FEBRUARY 26, 2021

Market activity describes the nationwide and granular trends affecting available capacity, timeliness of transit and on-time, in-full deliveries. Since transportation is literally a fuel-consuming industry, knowing the fuel changes and trends will go a long way to improve trucking profitability. Request a SONAR Demo.

Trucking 96

Trucking Price Reduction Freight Cost Reduction 96

FreightWaves SONAR

MARCH 2, 2021

True transportation cost analysis goes well beyond benchmarking to analyze, monitor and forecast trends that can be used to the shipper’s advantage. A trend that continues among shippers nationwide is better monitoring and utilization of analysis within the supply chain. Request a SONAR Demo. Consider this fact.

Analysis 98

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Freightos

JANUARY 10, 2024

More Resources Home January 10, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 90

FreightWaves SONAR

FEBRUARY 18, 2021

It is considerably more important to find talent quickly to fill the ever-growing needs of the freight and shipping industry. The issue with recruiting and retaining truckers is that it is difficult to do so without understanding actual market trends and volatility. . Driver retention is a growing issue as the industry expands.

Waste Reduction 97

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Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

Freightos

DECEMBER 28, 2023

More Resources Home December 28, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Negotiating Skills 77

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 77

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

FreightWaves SONAR

MARCH 3, 2021

FreightWaves scientific rates are predicting a return to a slow downward trend after the impacts of the past month’s winter storms recede. The overriding trend prior to these storms was that of a slow loosening of the market, as indicated by existing predictive capabilities Remember that the need to stay strategic is paramount.

Inventory Reduction 52

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FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. Unfortunately, disruption and market volatility – sudden changes within the industry – will often have a dramatic effect on the spot market. Freight management remains an industry in which balance reigns supreme. Download the White Paper.

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Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies : Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

FreightWaves SONAR

FEBRUARY 25, 2021

Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. The use of logistics automation means making it easier than ever to adapt and adjust to changing market trends and consumer demands.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. When the freight market meets expectations and is less volatile, it is easy for shippers and carriers to not look at inefficient processes or their transportation procurement strategy.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

The Logistics of Logistics

JUNE 23, 2022

However, even as retailers scramble to meet e-commerce consumer demands, and providers lean into the latest trends to get those packages to front doors, there is plenty going on behind the scenes. OneRail showcased its final-mile solution during a Monday demo session at FreightWaves’ Future of Supply Chain event.

Collaboration 150

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FreightWaves SONAR

JANUARY 7, 2021

Poor tender acceptance strategies. In other words, logistics leaders must find and apply proactive data management strategies, including: Developing alternative transportation solutions, such as increasing the number of transportation brokerage partnerships. Request a SONAR Demo. Lackluster communication with shippers.

Supply Chain Software 98

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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. These factors are further seen in top-industry trends.

Supply Chain Planning Software 52

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FreightWaves SONAR

FEBRUARY 25, 2021

For instance, here are a few KPIs that go into the overall strategy for how carriers price transportation: MILES PER TRUCK PER WEEK (MILTR) – Every driver in the fleet will come under scrutiny at some point. Keeping cost per load in check as a shipper means knowing what to expect and carrier freight pricing strategies.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

FreightWaves SONAR

FEBRUARY 16, 2021

A clear vision for how the market and the fleet can work in unison is at the heart of fleet management within the trucking industry. Freight intelligence tools help management develop a more unified freight strategy. Start by tapping the industry-leading freight data powerhouse of FreightWaves SONAR. Request a SONAR Demo.

Supply Chain Software 98

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FreightWaves SONAR

JANUARY 25, 2021

Today, freight load management is a major trouble area for carriers and logistics managers within the shipping industry. And the overall industry trucking trends imply an absolute need to grow more strategically. E-commerce has long been a vital component of the shipping and logistics industry. Request a SONAR Demo.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

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? Demand sensing.

Supply Chain Planning Software 52

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

Locus

JUNE 16, 2023

Labor costs : The logistics industry is currently facing a significant shortage of qualified drivers in the US, causing a surge in truck driver wages, which constitute 33% of a delivery truck’s operational costs. Read also: How to Calculate the Cost of Transport 2. Read also: Tackling Vehicle Idling in Last-Mile Logistics 4.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

FreightWaves SONAR

MARCH 5, 2021

The freight brokerage industry has traditionally focused its attention on the training and development of its customer sales staff. 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. Photo: Jim Allen/FreightWaves at Edge Logistics.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

WorkWave

DECEMBER 11, 2023

Dashboards provide a quick and easy way to access important metrics and help decision-makers make informed decisions based on current trends and data in their business. It’s a critical component in the arsenal of tools for achieving operational excellence and delivering exceptional service within the field service industry.

Optimization Software 52

Optimization Software Resource Reduction Inventory Reduction Tools 52

FreightWaves SONAR

MARCH 15, 2021

This data has been collected over a 4 year period, broken down into shipper industry cohorts. Instead of giving a general freight market overview, data is broken down by industry, accounting for the distinctive freight shipping rates and demand in each vertical. Knowing the trends of the lanes can help widen their margins. .

Optimal Sourcing 98

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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

FEBRUARY 25, 2021

Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. The use of logistics automation means making it easier than ever to adapt and adjust to changing market trends and consumer demands.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

FreightWaves SONAR

FEBRUARY 24, 2021

What’s driving the change in ocean shipping and how does SONAR help shippers see the trends The import boom appears far from over, and it will have implications long after this wave of unprecedented orders subsides. Request a FreightWaves SONAR demo by clicking the button below to get started. Request a SONAR Demo.

Price Reduction 92

Price Reduction Cost Reduction Sourcing Strategies Demo 92

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). 2 Analyze Your Past Data and Compare It to Current Trends. For a truly successful ecommerce business strategy, you have to dig a little deeper. Slice of cake.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Shipchain

NOVEMBER 22, 2019

New trends and technologies, coupled with globalization, mean that supply chains are the most complex they’ve ever been. All of this data comes together to help you understand your customers, competitors, overall industry and purchasing trends, and so on. And in today’s day and age, supply chain is ever-evolving.

Supply Chain Software 70

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FreightWaves SONAR

DECEMBER 16, 2020

It could be relevant industry news, like a recent merger or acquisition. It also shows your prospect that you keep on top of industry trends. . #3: Speaking of keeping on top of trends, using freight market data is another attention grabber that is not as always evident in the list of freight broker sales tips.

Tips 59

Tips Freight After-sales Conference 59