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7 ways technology augments effective procurement in the shipping industry

FreightWaves SONAR

Load capacity limits play a crucial part in a supply chain network organization, logistics metrics management, and procurement in the shipping industry. According to Logistics Management , “Time is money in transportation…. Procurement in the shipping industry faces several problems without technology.

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Truckload Shipping Procurement: How Large Data Sets/AI Aid in Pricing and Capacity Outlooks

FreightWaves SONAR

This is particularly true for truckload shipping procurement. Read on to see how these innovations can help with truckload shipping procurement. Shipping managers continue to struggle with capacity procurement during this time of industry-wide disruption . Truckload shipping procurement needs to include all legs of the trip.

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Navigating logistics routing guide volatility: Using technology to increase compliance

FreightWaves SONAR

A logistics routing guide can mean the difference between success and failure of pickup and delivery in a supply chain network. The logistics routing guide further includes details about the modes and carriers that prove influential. These are just some of the supply chain difficulties that get addressed with logistics routing guides.

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Why accurate predictive freight rates are only possible with holistic and real-time data

FreightWaves SONAR

Failures to understand the severity of the problem can quickly amount to massive waste across different sectors, particularly in transportation procurement and execution. . Analytics point out the opportunities that are ripe for improvement and applied across a real-time collaborative logistics platform. Download the White Paper.

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Why data is critical to freight routing guide compliance

FreightWaves SONAR

Download the White Paper. 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. Request a SONAR Demo. Request a SONAR SCI Demo.

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

FreightWaves SONAR

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. Download the White Paper. Request a SONAR Demo. Request a SONAR SCI Demo.

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5 shipping trends for 2021 for carriers to know

FreightWaves SONAR

And demands for 2021 already reveal strife in procurement in the shipping industry and visibility through all operations, including carrier troubles. Download the White Paper. Download the White Paper. The vaccines are a logistics challenge that even the most experienced professionals may struggle to understand.

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