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How to Measure Success: KPIs for Inbound Logistics

WorkWave

Time To Read: 3 minutes Are you struggling to measure the success of your inbound logistics? 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.

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Why data is critical to freight routing guide compliance

FreightWaves SONAR

Data-driven lane and contract management boost compliance rates Inbound and outbound freight logistics are both critical parts of the modern supply chain’s freight market , though each one has been managed quite differently. How those data-driven strategies and game plans are implemented makes all the difference in the world.

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Using freight market signals to stay ahead of any freight market storms

FreightWaves SONAR

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.

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3 big reasons CPG and retail companies rely on SONAR to improve supply chain management

FreightWaves SONAR

That’s where point of sale freight data comes in to help supply chain leaders create a superior supply chain strategy. . By examining SONAR’s Outbound Tender Volumes, Outbound Tender Rejections, and Inbound Tender Volumes, users can understand capitalism at a per market level. Want an easy win?

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[stackd] Beyond TMS: How freight tech enables supply chain collaboration & customer experience at scale

FreightWaves SONAR

Why are logistics service providers and shippers making investments in collaborative technology platforms, and how will they pay off? Request a SONAR Demo. Be sure to check out their forthcoming webinar, “ Reimagining the Supply Chain to Deliver Amazing Customer Experiences ” on April 8th, 2021. . .

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Supply Chain Intelligence: The Value of AI and Machine Learning to Predict Freight Rates

FreightWaves SONAR

However, AI can provide a pathway toward more proactive, responsive management strategies. Meaningful insight is a prescribed series of actions necessary to make a significant dent in total logistics spend or delays. AI and machine learning have a common goal – the increased automation of logistics. Request a SONAR Demo.

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Making your carrier sales team as powerful as your customer sales team

FreightWaves SONAR

Photo: Jim Allen/FreightWaves at Edge Logistics. Lane Signal considers the following indices: Outbound Tender Volume Index Outbound Tender Rejection Index Headhaul Index for both origin and destination Inbound Tender Volume Index Inbound Tender Rejection Index. Request a SONAR Demo.