FreightWaves SONAR

APRIL 25, 2023

When operating minibids or short-term RFPs, or when pricing individual loads, it is important to understand the directional movement of freight trends in order to be proactive in your pricing strategy. For example, if rates are trending upward, they may be able to increase their prices to take advantage of market conditions.

Negotiating Skills 52

Negotiating Skills Price Reduction Supply Chain Planning Software Outbound 52

FreightWaves SONAR

FEBRUARY 26, 2021

Leading metrics for tracking overall and market-specific activity include: Inbound and outbound load daily change rates, like the Outbound Tender Volume Index (OTVI) in FreightWaves SONAR. Freight market share over the last week, such as SONAR’s Outbound Tender Market Share (OTMS).

Trucking 96

Trucking Price Reduction Freight Cost Reduction 96

Logistics Viewpoints

OCTOBER 10, 2022

Steve: Klaus, when we talked, you mentioned Autoliv was already doing digital supplier management, had digital sourcing solutions, and was looking at real-time transportation visibility solutions to provide better predicted times of arrival for inbound and outbound shipments. Klaus: I can´t give too many details for compliance reasons.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 134

Logistics Viewpoints

DECEMBER 7, 2021

E-commerce order volume keeps climbing, straining carrier capacity with shippers sending more parcels outbound and receiving more returns inbound. Carrier capacity management strategies ease the crunch. Proactive shippers have used multi-carrier parcel shipping technologies and strategies to navigate rising carrier costs for years.

Price Reduction 114

Price Reduction Cost Reduction Inventory Reduction Capacity 114

FreightWaves SONAR

MARCH 22, 2021

The WRI combines outbound tender market share (OTMS) and the weekly change in tender rejection rates (OTRIW). For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days. OTMS x OTRIW = WRI.

Capacity 98

Capacity Demo Price Reduction Cost Reduction 98

FreightWaves SONAR

AUGUST 14, 2023

Here’s a small-scale, tactical example: a truckload shipment inbound to your distribution center is running late. The Outbound Tender Reject Index measures the percentage of truckload shipments tendered by shippers that are rejected by carriers. (The Chart: FreightWaves SONAR. To learn more about FreightWaves SONAR, click here ).

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

Logistics Viewpoints

JANUARY 19, 2021

For this reason, supply chain solutions have become an integral part of business strategies to cope with these ever-increasing complexities. Areas can include: In- and outbound workflows. Examples of use. For example, you can compare fixed automation with the use of autonomous mobile robots. Staffing requirements.

Supply Chain Software 95

Supply Chain Software Modeling Software Optimization Software Logistics Network Optimization Software 95

Logistics Business Magazine

FEBRUARY 23, 2024

Complexity requires having a data strategy.” For example, the Dexory View dashboard enables pick face analysis of volumes. Real-time analytics with a virtual control tower helps forecasting freight lanes, both inbound and outbound. Generative AI may create new strategies in logistics, for example in transport routing.

Logistics Network Optimization Software 57

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 57

Logistics Business Magazine

FEBRUARY 15, 2022

The new logistics centre in the Dresden area is an example of the global transport and logistics service provider’s continued expansion in Germany. For example, it is planned to line the floors of the two large halls with WGK (water hazard class) foil. The new multi-user facility in Coswig is another step in our growth strategy.

Logistics Network Optimization Software 58

Logistics Network Optimization Software Logistics Multimodal transport Examples 58

FreightWaves SONAR

MARCH 5, 2021

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. Here are three examples for how to use this product in real-time. Use the destination market as leverage.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

Logistics Business Magazine

FEBRUARY 1, 2023

Customs4trade NV (C4T), a leading customs SaaS solutions provider, has been explaining how exporting and importing manufacturers and traders can benefit from cost savings by incorporating Customs Special Procedures (SP) into their supply chain strategies. These are in perfect scope of SP and the inherent cost savings which can be achieved.

Material Savings 60

Material Savings Logistics Network Optimization Software Supply Chain Software Cost Reduction 60

GlobalTranz

MAY 8, 2017

This example generates a huge amount of data that can leverage in the supply chain. While this example may still be a few years off, it is important that you understand how the top emerging trends in automation will shape supply chains and transportation processes in the coming years. Robotics Improve Inbound and Outbound Logistics.

Supply Chain Software 75

Supply Chain Software Supply Chains Automation Trends 75

FreightWaves SONAR

APRIL 19, 2021

This strategy is important, as 81% of greenhouse gases are made up of carbon dioxide, which comes from the combustion of fossil fuels like coal, natural gas and oil. For example, let’s examine a load going from Denver, Colorado to Fort Wayne, Indiana. In the SONAR chart below, you can see the average U.S.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Material Savings Sourcing Strategies 52

FreightWaves SONAR

NOVEMBER 19, 2020

Consider this example. However, AI can provide a pathway toward more proactive, responsive management strategies. Consider this example. . Of course, no disruption comes close to those that have been experienced to date in 2020. But that principle does allude to another issue. Thus, rates are going to continue climbing.

Supply Chain Software 106

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 106

Logistics Viewpoints

DECEMBER 15, 2023

For example, FedEx’s upcoming levy is based on an EIA-established price that is at least $4.09 ” Americold also told customers via a private memo issued after the attack to cancel all inbound deliveries and reschedule outbound shipments, except for those deemed critically time-sensitive and nearing expiration.

Supply Chain Planning Software 169

Supply Chain Planning Software Logistics Network Optimization Software Price Reduction Logistics 169

Logistics Bureau

JANUARY 7, 2020

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

Now, That's Logistics

APRIL 13, 2021

“That choice these companies make dictates their logistics, fulfillment, and transportation strategies,” Largeau points out. Where those taking the DIY approach can maintain direct content with their customer bases and control the customer experience, they also have to build out their own fulfillment and shipping strategies.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Transportation Expense Reduction How To 78

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. Running a warehouse as a silo, for example using a spreadsheet, will not help sales when a customer asks for a quote, or the shop floor if they need to know what materials are available for a production run.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

FreightWaves SONAR

MARCH 15, 2021

In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. Carriers will be able to see inbound and outbound stability on specific lanes.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Ship Monk

OCTOBER 13, 2021

For example, let’s say you’re an apparel store with a diverse catalog. Let’s go back to the apparel store example. No matter what you sell, returns are pretty much unavoidable, which means baking a plan for them into your overall strategy is a must. You see, there are two sides of the shipping coin: outbound and inbound.

3PL 76

3PL Inventory Reduction Resource Reduction Inventory 76

Talking Logistics

DECEMBER 7, 2017

Short-term requirements such as improving pack-and-ship or distribution pick processes, or automating the final steps in moving finished goods to the consumer, for example, are important. A robust parcel system that can manage both outbound and inbound shipments helps to streamline the returns process for greater efficiency.

Supply Chain Design Software 136

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Supply Chain Software 136

FreightWaves SONAR

DECEMBER 3, 2020

For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. For example, market conditions show shippers’ rate trajectories. That includes compliance with the inbound freight routing guide and outbound activities. Leading by example, supply chain managers can make more proactive decisions.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

CH Robinson Logistics

FEBRUARY 18, 2021

Here are five such strategies that can help you evolve your retail supply chain for the changing market. While annual request for proposal (RFP) bids may still make sense for your most consistent freight volumes, a lot of freight can benefit from more agile RFP strategies throughout the year instead.

Supply Chain Planning Software 63

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 63

Logistics Bureau

JANUARY 9, 2019

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. And a failure to ensure trucking capacity availability within one market will have a resounding effect on allocation strategies of a trucking fleet’s assets. Unlike contracted rates, the spot freight market is full of wild price swings and uncertainty.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

GlobalTranz

APRIL 5, 2017

Some cite a lack of visibility or lack of control for reasons to not manage inbound logistics, and while proponents of “increased visibility” argue more information begets more effective inbound logistics strategy, its meaning gets lost in the murky waters of the internet. The information only gets grimmer from here.

Inbound 49

Inbound Vendor Strategies Cost Reduction Inventory Reduction 49

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service. Outbound KPIs. This may lead to any number of follow-up actions, for example: Redesigning sourcing or material strategies.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

Logistics Bureau

MAY 8, 2023

9: The Mistake of Environmental Nonchalance It’s easy to assume that inbound and outbound freight logistics don’t reconcile well with any drive for social responsibility or environmental friendliness. BOOK NOW If you’d like some help to improve your freight management, please book a free consultation call here.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

CH Robinson Logistics

OCTOBER 20, 2017

As the market continues to tighten, what’s your transportation strategy for handling fluctuations? Rather than reacting to changes that happen to your supply chain, it’s always better to develop a carrier management strategy that allows you to be proactive—no matter what the market has in store. An unclear plan may let you down.

Price Reduction 58

Price Reduction Sourcing Strategies Transportation Scenario Planning 58

Logistics at MPEPS at UPV

APRIL 9, 2018

For example, in Brussels, the company mostly lands in Charleroi Airport rather than in Zaventem Airport (which is closer to the capital). Using outbound logistics, they realized that they did not need to rely on travel agency, as this would increase the price offered to clients because of the commissions that would have to be paid.

Cost Reduction 40

Cost Reduction Price Reduction Expense Reduction Outbound 40

Logistics Bureau

MAY 3, 2021

Some have hit on the right strategies and are thriving in the new normal, and others are struggling. It was perhaps fortuitous that Target began implementing a strategy to focus on fulfillment from stores back in 2019. Kohl’s, for example, embarked on a partnership with Amazon to handle its customer returns.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 71

Logistics Bureau

OCTOBER 9, 2023

Competitor intelligence: Distribution strategies and network designs of your competitors. First and foremost, of course, you should ensure the objectives for your distribution network align with those of your supply chain strategy , which in turn should support the overall goals of your business.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

GlobalTranz

MAY 31, 2018

Describe the Outbound Transportation This description covers the movement of an outbound load from the company premises/warehouse to the customer’s destination. For example, managers can consolidate their shipments across various depots into one load through the creation of synergies between their various divisions.

Tips 65

Tips Transportation Outbound Vendor Strategies 65

GlobalTranz

APRIL 21, 2017

For example, everyone knows that sales will peak around the holidays, but analytics can identify peaks that happen when you think you are in a lull. Both Inbound and Outbound Logistics Benefit From Implementing a TMS. For example, you can fill out, email, print or even email-to-fax bills of lading within the TMS.

Supply Chain Planning Software 64

Supply Chain Planning Software Vendor Strategies Optimization Software Inventory Reduction 64

Ship Monk

AUGUST 22, 2022

For example, if you’re a clothing vendor, the type of garment would have an alphanumeric assignment (jacket, coat, shirt, skirt, pants, etc.). If we continue with the example from above, that would include product type, color, and size. We only used four product examples to show four SKUs in the chart above.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

FreightWaves SONAR

MARCH 24, 2021

One of the best strategies of risk management is diversification of assets or revenue drivers. Brokerage leaders are turning to this strategy for their freight business. You see examples of this strategy in large brokerages today. Examples of portfolio diversity in the freight business.

Freight 72

Freight Price Reduction Cost Reduction Inventory Reduction 72

FreightWaves SONAR

APRIL 29, 2021

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Pressure to develop an omnichannel strategy with strong customer service levels. Those use cases include: .

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52