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How effective are you at lane-by-lane planning and getting deep insights to aid in freight spend planning, mini-bids, and other long-term contracts in your organization? Fill out the Form Below to Access a COPY of the WhitePaper. How contract data amounts to tactical bidding management. Request a SONAR Demo.
Jess even transitioned to the technology side, leading a freight pay and audit company and building their proprietary platform. Their three-step engagement process pairs a people first attitude with expert optimization techniques: Discover Pain Points, Root Cause Analysis, & Implement Solutions.
To simplify the process, using SONAR SCI Lane Acuity along the way, and pinpoint the top resources to achieve that goal, this whitepaper will explore: The problems in routing guide compliance created by lagging data. The value created with real-time data and right-now lane-level analysis to enforce compliance.
The factors driving the tight freight market seem to be sticking around forever, like your in-laws at Christmas. That analysis should help you to determine which carriers you want to solicit bids from. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Meet the new year, same as the old year? Request a SONAR Demo.
Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The State of & Pricing Outlook of the Less than Truckload Shipping Market WhitePaper” whitepaper! Get a free copy of the whitepaper by filling out the form to the right.
Cerasis is excited to announce the release of an all new, exclusive, & educational resource “How to Optimize Full Truckload Shipping Through Technology & Best Practices” whitepaper! Get a free copy of the whitepaper by filling out the form to the right.
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.
Anything other than up-to-date, near-real-time freight data will make the work of the management team all the more difficult. According to Forbes’s analytical experts , this is why vital supply chain intelligence and a practical data analysis process will be essential for continued growth and success. Request a SONAR Demo.
Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Outbound freight costs as percentage of net sales.
Relying solely on manual shipping data analysis continues to yield poor results. And even the freight management analytics of five years ago do not necessarily respond well to today’s shifting and changing market. By using descriptive and diagnostic analytics, freight management parties begin to see not only what happened, but why.
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.
Optimizing truckload freight spend is essential in today’s freight market. Track truckload freight accessorial costs As reported by Inbound Logistics , “Carriers price accessorials, such as liftgate or non-commercial delivery, at a premium. Download the WhitePaper. Know when to initiate renewed RFP processes.
OTR freight represents a long-standing aspect of supply chain operations and transportation management. Th is blog post covers the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight. Carrier Vetting for OTR Freight . Remote Tendering and Shipment Execution .
One of the most popular tools that drives the supply chain to new heights is the process of intermodal freight shipping. Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes. Download the WhitePaper.
For instance, managed transportation includes value-added logistics capabilities, including: Logistics consulting and analysis to understand current needs, costs, savings opportunities by mode, benchmarking and implementation or training of new systems. Transportation optimization is part of enabling proactive supply chain management.
Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. It is considerably more important to find talent quickly to fill the ever-growing needs of the freight and shipping industry. In turn, that slows down contract freight and reduces how much contracted truckers earn.
This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. Lackluster insight into freight spend and poor freight management controls. Get Your Free WhitePaper Today. How Surface Mode Shippers Can Compete in E-Commerce Logistics.
Waste matters in the shipping industry because every instance leads to higher freight costs. By utilizing effective trucking RFP protocols, freight managers can ensure trucks stay filled on every leg of every trip. Most freight managers are not qualified for this kind of operation, so forming partnerships with 3PLs is vital.
Today, freight load management is a major trouble area for carriers and logistics managers within the shipping industry. For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. Within the freight load management area of the network, data is essential.
Some of the most cost-effective software and methods supply chain professionals and the best freight brokers can adopt are supply chain predictive analytics programs. Some of the challenges with the supply chain will and already do accurately predict freight’s future. Download the WhitePaper. Request a SONAR Demo.
Control over trucking freight rating remains a blip for many carriers, particularly owner-operators and those trying to manage the chaos of a pandemic-stressed industry. Quite simply, freight rating challenges are not a problem limited to trucking carriers. Download the WhitePaper.
That’s the onus of electronic freight tender trucking data when compared to lagging submitted data that may take 7 to 14 days to come in. The freight market makes real-time decisions, and when it comes to navigating the freight market, they need near-real time data to proactively plan. Download the WhitePaper.
When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Accurate freight and transportation data is particularly important. With freight costs rising, the task of teasing out hidden costs is becoming increasingly critical.
So when I asked Cathy Roberson, a senior analyst at Transport Intelligence and a tech-enthusiast who is vox supplychainus on Twitter at cmroberson06 , I was not surprised when she sent me back an analysis that seems to match up perfectly with some of Google’s recent projects: Google Glasses, Android and 3D printing. yellowbox].
New types of freight tech are rising to the forefront of the industry. The sum of that freight tech volume is somewhat ironic – data overload and an inability to manage due to the inefficient use of several systems. However, application programming interfaces (APIs) are bringing insights and freight tech together.
As 2021 begins, new growth and adjustments need freight managers’ attention to start the recovery process. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. Download the WhitePaper. Sometimes data analysis needs to be refocused and fine-tuned.
Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. That extends to guiding freight bids too. Download the WhitePaper.
Tracking market trends within truckload rates relies heavily on data and analysis. Managers don’t want to learn that they are essentially paying a higher transportation rate with one carrier when another freight carrier offers a much more competitive truckload rate. Download the WhitePaper.
The freight market continues to swing upward. It would seem to come down to tracking these truckload freight rate index values. . It would seem to come down to tracking these truckload freight rate index values. . Many enterprises have built unique real-time freight data indices. Defining the freight rate index.
Truck fleet management has always been intensely focused on knowledge of the freight market. By using strong management and analysis processes, supply chains can maximize value and stay competitive. And freight KPIs can serve as a valuable tool for freight market intelligence. Streamline data capture and analysis.
Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. However, this is about a different type of freight load balancing-the balancing of assets. Defining freight load balancing. Download the WhitePaper.
Poor visibility in freight allocation is a leading reason shippers experience difficulty in managing freight, and this problem is evidence of a disconnect between the person managing freight and company stakeholders. Full Truckload WhitePaper Series. Access our complete Full Truckload Shipping WhitePaper Series.
The Problem: Shippers Using LTL-Exclusive Shipping Have Minimal, If Any, Profitability in Freight Spend Shippers have been bartered with the topic of LTL shipping for years, including how to make better use of it, reduce freight spend and leverage technology. Full Truckload WhitePaper Series. Download Here. New Series.
It is something that needs to be practiced more often when it comes to planning and predicting freight rates. Download the WhitePaper. As highlighted by LinkedIn , a staggering 80% of bargaining is preparation, analysis, data review and planning before any meeting or discussion occurs.
When faced with a market like today’s, I recommend you consider one or more of the tactical ideas from the video above or our whitepaper to help meet your shipping needs during difficult market conditions. Sources: *ACT Research Freight Forecast March report and FTR March Trucking report.
Freight and trucking data makes for an excellent resource for shippers and logistic service providers (LSPs) alike. Trucking rate predictors utilize freight and trucking data to provide shippers and LSPs with a wealth of knowledge and actionable insights to streamline strategic positioning. Think about it.
Nothing in life comes for free, especially in the transportation and shipping industry where predictive freight costs carry so much weight. Understanding why rate forecasting is so vital and how accurate data and analysis can help improve predictions are essential. Download the WhitePaper.
More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . Frost & Sullivan estimates the digital freight brokerage market will reach $54.2 Use the Ocean Shipments Report to understand freight brokerage drayage planning.
These short-haul trucks deliver FTL or LTL freight loads between one form of transport and another.” H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. Download the WhitePaper. It provides crucial links in this transport chain.
No two orders or freight loads appear identical, and the same remains true for carriers as well. According to Supply Chain 24/7 , “ truckload service optimizes trailer space and moves freight [without extra stops that will] eliminate wasted trips, reducing greenhouse gas emissions by up to 40%.” Download the WhitePaper.
This remains key to the overall success of investments within supply chain analysis. And pre-emptive strategies that help isolate and address real-time problems will inevitably rely on real-time freight data and easy-to-access systems. Download the WhitePaper. Things will go wrong. Of course, that’s another challenge.
Routing guides are a universal source of carrier freight tendering and action. They apply to all freight parties and are regularly updated to ensure that shippers can keep freight spend under control. Download the WhitePaper. Shippers can make informed decisions about when to vet new carriers.
That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too. Freight management represents a vital part of market adaptability. Download the WhitePaper.
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