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From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. America weekly prices increased 2% to $1.85/kg. Some observers anticipate that the strike will still lead to some capacity and equipment shortages at Asian origins in early November.
What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. In this blog post we’ll delve deeper into the intricacies of ABC analysis and how it can help businesses improve their inventory management practices.
Request a SONAR Demo. The post [WHITE PAPER] How lane by lane analysis at scale promotes strategic and tactical transportation management appeared first on SONAR. How contract data amounts to tactical bidding management. How to use data to stay strategic and lower costs across the board. .
A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) decreased 2% to $2,383/FEU. America weekly prices increased 9% to $2.00/kg.
The value created with real-time data and right-now lane-level analysis to enforce compliance. Request a SONAR Demo. Request a SONAR Demo. How combining different metrics amounts to more proactive and successful tactical supply chain management. Fill out the Form Below to Access a COPY of the White Paper.
Tracking market trends within truckload rates relies heavily on data and analysis. The key to avoiding this kind of situation is predictive planning and analysis. This kind of real-time data analysis and application is essential for shippers to stay strategic and tactical as they forecast out contract and spot truckload rates.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Hurricane Milton battered the west coast of Florida last week.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 21% to $6,152/FEU. America weekly prices increased 2% to $1.98/kg.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU. Europe – N. America weekly prices climbed 1% to $1.84/kg.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU. America weekly prices increased 2% to $1.82/kg.
Where a supply chain is weak, analysis and advisory teams can fill in the gaps – seeing the correlations between data points and real-time load operations and profits highlights potential problem areas. An effective active routing program allows for the inclusion of data points and analysis to be factored in. Request a SONAR Demo.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $4,278/FEU. America weekly prices increased 2% to $1.84/kg.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Asia – N. America weekly prices increased 5% to $2.10/kg.
If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Asia – N. Europe – N. America weekly prices climbed 1% to $2.16/kg.
Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. The best logistics strategies depend on expert insight, such as the data and analysis found in FreightWaves Passport, which focuses on the chain’s inner workings. Request a SONAR Demo.
Predictive data analysis allows managers to tweak and adjust route optimization and shipping protocols to accommodate market demands. The value of strategic planning and real-time data analysis cannot be overstated. Request your demos below. Request a SONAR Demo. Request a SONAR SCI Demo. Request a SONAR SCI Demo.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) were also level at $2,367/FEU. Europe – N. America weekly prices rose 2% to $2.14/kg.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Europe – N. America weekly prices fell 2% to $1.77/kg.
As highlighted by LinkedIn , a staggering 80% of bargaining is preparation, analysis, data review and planning before any meeting or discussion occurs. Request a FreightWaves SONAR or a SONAR SCI Lane Acuity demo to boost your current RFP processes by clicking the respective button below. Request a SONAR Demo.
Understanding why rate forecasting is so vital and how accurate data and analysis can help improve predictions are essential. Real-time data analysis, automated processing, mobile data platforms and data sharing platforms all improve shipping services in powerful ways. Request a FreightWaves SONAR demo now to get started. .
This blog post will explore what telematics is, why it’s crucial for last-mile delivery and the vital role it plays when combined with route optimization platforms. The data collected over time allows for trend analysis, enabling continuous route optimization for improved efficiency. That’s where telematics comes in.
That analysis should help you to determine which carriers you want to solicit bids from. Request a SONAR Demo. Request a SONAR SCI Demo. SONAR SCI can be used to benchmark your rates against what other shippers in your industry are paying in the same lanes. Understand whether you are getting the service you are paying for.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. America weekly prices increased 9% to $2.60/kg.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Europe – N. America weekly prices fell 1% to $1.61/kg.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. America weekly prices increased 3% to $2.15/kg.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. America weekly prices increased 1% to $1.75/kg.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Europe – N. America weekly prices fell 2% to $1.7/kg.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Europe – N. America weekly prices fell 2% to $1.66/kg.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Asia-Mediterranean prices (FBX13 Weekly) fell 6% to $7,493/FEU.
By using strong management and analysis processes, supply chains can maximize value and stay competitive. Streamline data capture and analysis. Data for the sake of data is meaningless without proper, automated analysis and data capture. Request a FreightWaves SONAR demo by clicking the button below. .
In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Europe – N. America weekly prices fell 2% to $1.73/kg.
Blog More Resources Home September 3, 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. America weekly stayed level at $1.66/kg.
Knowing freight costs in advance is essential to keep total landed costs in check Understanding transportation freight costs and current freight rates for lanes must be the primary goals of cost analysis. Learn more about how your company can achieve those goals by requesting a SONAR demo online today.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) were level at $2,509/FEU. America weekly prices increased 3% to $2.22/kg.
7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.
Relying solely on manual shipping data analysis continues to yield poor results. Outdated analysis and management methods are becoming increasingly more difficult amid lockdowns, supply shortages, and increased consumer demands. Request a SONAR Demo.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Europe – N. America weekly increased 1% to $1.88/kg.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Europe – N. America weekly prices fell 1% to $1.6/kg.
Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes. Data and analysis within the modern supply chain are strengthened by third-party networking and partnerships. Request a SONAR Demo.
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