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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

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.

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[WHITE PAPER] How to empower your network with routing guide compliance

FreightWaves SONAR

But analytics is a complicated topic, and knowing how to apply them can be difficult at best. The value created with real-time data and right-now lane-level analysis to enforce compliance. How combining different metrics amounts to more proactive and successful tactical supply chain management. Request a SONAR Demo.

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[WHITE PAPER] How lane by lane analysis at scale promotes strategic and tactical transportation management

FreightWaves SONAR

How contract data amounts to tactical bidding management. How to use data to stay strategic and lower costs across the board. . 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.

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How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

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.

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Truckload rates: Using data predict and prepare spot vs. contract bids and RFPs

FreightWaves SONAR

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.

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How to price freight loads: carriers that use data price more accurately

FreightWaves SONAR

Freight management companies and partners can remain unsure of how to attain or utilize meaningful, actionable freight data. . The best and only successful way to overcome flawed data analysis is to use effective technology. Making the most of freight management and data analysis services will represent a key focus in the years ahead.

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Bill of Lading Types: How to Avoid the Detention and Demurrage Due to Documentation

MTS Logistics

Hapag-Lloyd recently announced the demo of e-bill of ladings that have been used in recent months. The post Bill of Lading Types: How to Avoid the Detention and Demurrage Due to Documentation appeared first on More Than Shipping. With the release of this fastracked, digital system, demurrage and detention costs are reduced.

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