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And as reported by Supply Chain 24/7 , “Leveraging technology, shippers are able to see regional trends and specific lane cost information, as well as driver preferences, while carriers have access to details like loading/unloading times and lane history data.” Fill out the Form Below to Access a COPY of the WhitePaper.
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.
Register to download a whitepaper that covers the advanced application of AI and machine learning in HS product classification, cross-border trendanalysis, and more.
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.
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].
E-commerce is growing at a phenomenal rate and, powered by the top trends in e-commerce logistics, shippers have an amazing opportunity to increase profitability and reduce freight spend simultaneously. The ability to adapt to these trends in e-commerce logistics will determine who can survive the threats of Amazon and the Big Box retailers.
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.
For instance, using the trends and seasonality within the Outbound Tender Rejection Index, shown above , logistics coordinators can create responses to RFPs based on like a higher all-in rate. Download the WhitePaper. Recognize how other modes, along with current shipping trends, affect OTR transportation.
Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes. Knowing where current intermodal freight shipping rates stand and where the trends are heading gives a substantial competitive advantage over those only using truckload services.
Download the WhitePaper: Over the Road Freight Management Trends. Access to to real-time data and the ability to perform real-time analysis enables businesses to make data-driven decisions to drive efficiency into the supply chain. Download the WhitePaper: Over-the-Road (OTR) Freight Management Trends.
After taking a look at the automation technology trends in logistics from our first post, take a look at how these technology trends in logistics will grow and what impact they will have for the industry. Of all the technology trends in logistics, e-commerce is not a new idea and has been prevelant in the B2C world for sometime.
Relying solely on manual shipping data analysis continues to yield poor results. Download the WhitePaper. Outdated analysis and management methods are becoming increasingly more difficult amid lockdowns, supply shortages, and increased consumer demands. Request a SONAR Demo.
Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. Download the WhitePaper. 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.
Download the WhitePaper: Over the Road Freight Management Trends. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. Access to real-time data and the ability to perform real-time analysis ?enables Download the WhitePaper: Over-the-Road (OTR) Freight Management Trends.
Without quality data to review, analyze and apply, the network will struggle to keep up with important trends within the global market. Download the WhitePaper. Streamline data collection and analysis. This is why logistics manners and enterprise shippers need to pay attention to global data trends.
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. Download the WhitePaper.
Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. Download the WhitePaper. The best manufacturing supply chain teams can adapt and respond to changes in the market and use these trends to grow and improve their services.
Download the WhitePaper. Cold chain capabilities are now a must-have to stay future-ready With vaccines for COVID at the forefront of transportation news, the focus has swung from fundamental truckload shipping trends to cold chain shipping. Top KPIs to track going forward include: Number of overall shipments.
Trends come and go, needs wax and wane, and the one thing that stays the same is the reality that everything changes. Predictive data analysis allows managers to tweak and adjust route optimization and shipping protocols to accommodate market demands. Download the WhitePaper.
The use of logistics automation means making it easier than ever to adapt and adjust to changing market trends and consumer demands. Download the WhitePaper. Improved predictive analysis and projection with logistics automation data and insights. This remains particularly true for shippers and logistics managers.
Download the WhitePaper. The solution: Recognizing market trends as they occur in real-time is easier with access to actionable, insightful data. Unfortunately, ocean shipments data is rarely easily accessible or available for analysis by enterprise shippers. Challenge 5: Changing political climates.
Download the WhitePaper. Increased insight into market conditions helps with freight spend management Freight market conditions and trends greatly affect all methods of shipping and transportation.
The issue with recruiting and retaining truckers is that it is difficult to do so without understanding actual market trends and volatility. . Download the WhitePaper. It is considerably more important to find talent quickly to fill the ever-growing needs of the freight and shipping industry.
And the overall industry trucking trends imply an absolute need to grow more strategically. Download the WhitePaper. The best and only successful way to overcome flawed data analysis is to use effective technology. The key to success in the sector remains staying focused on the path that leads to increased profits.
Download the WhitePaper. This gets easier to accomplish with tailored benchmark data analysis. . For instance, benchmarking truckload services offers the unique opportunity to use data and analysis intelligently. And it becomes easier to watch for shifts in marketing trends and customer demands.
UK-based logistics website with exceptional content and unique opinion pieces, often centered around shifting technology trends. So much so that it is split into seven topics – aircrafts, airports, capacity and demand, carriers, freight trends, traffic and viewpoints. Focus is on the US but he covers global trends.
Analysis of that data creates a benchmark rate. Download the WhitePaper. A larger data sample size amounts to more granular and marketwide views of potential trends. Consistency in data aggregation and analysis are key to maintaining index validity and accuracy. Instantaneous analysis. Near-real-time data.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. This analysis can reveal problems and give each supplier’s a score indicative of their reliability. GET YOUR COPY HERE.
We expand upon the supply chain technology trends we spoke about in the first part of this blog series, but let’s take a look at 5 more supply chain tech trends that will shape 2018. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper.
WHITEPAPER] The Current Factors Driving the Less Than Truckload Pricing Market. Download WhitePaper. During bid analysis, many TMS tools will produce forecasts to let users know how this carrier will impact them financially. Get Your Free Copy Here. This allows users to quickly determine the best carrier.
We have also now published an e-book , put out several whitepapers , and held several webinars. These 50 articles truly cover the gamut of our categories, but what is clear is that people love Infographics and they love trends. . INFOGRAPHIC] Expert Reveals 7 Supply Chain Trends to Watch.
Download the WhitePaper. In today’s world, a delay in data processing and analysis will lead to massive opportunities for overlooked industry dynamics. A few ways to apply data to enable this level of strategic positioning include: Tracking granular market conditions that may deviate from nationwide industry trends.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. The connection of systems nets scalability and actionable insights from the analysis of Big Data through the IoT.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. Conduct ABC Analysis. It is a simple analysis, also known as Inventory Categorization Method, which categorizes all the products as per their monetary value (high to low). Optimize Now.
ERP systems are a raging trend in the corporate arena these days – these miraculous platforms are a sure shot way to infuse productivity into your routine operations! The Trends that Will Forever Shape Manufacturing in 2018 & Beyond. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER.
Part of that strategy lies in using the right transportation data, analysis and insightful reports, such as those provided within FreightWaves SONAR, to guide day-to-day operations. Download the WhitePaper. Outbound/Inbound Tender Rejection Indices to understand market trends and rates.
Freight management teams spend many resources responding to delays, issues, customer needs, data and marketing trends and shifting conditions with supply and demand. That kind of analysis creates a stronger level of supply chain agility. Download the WhitePaper. Request a SONAR Demo. appeared first on SONAR.
Staying up to date with the latest trends and logistics metrics amounts to thriving through disruption. Digital analysis and detail-oriented recordkeeping of all mode activities, including ocean import data , makes it easy to enhance overall performance. . Download the WhitePaper.
It also shows your prospect that you keep on top of industry trends. . #3: Speaking of keeping on top of trends, using freight market data is another attention grabber that is not as always evident in the list of freight broker sales tips. Download the WhitePaper. #4: 3: Freight data. 4: Industry news. 5: Conferences .
WHITEPAPER] The Complete Guide to Freight & Transportation Accounting. If you are looking to better understand how transportation costs fit into your business and make better informed decisions to wrangle ever increasing transportation costs, this whitepaper is for you. Download the Free WhitePaper Here.
These factors are further seen in top-industry trends. This trend is changing land use patterns and contributing to increased truck traffic and competition for curb space in residential areas. Consistency in data aggregation and analysis are key to maintaining index validity, applicability and actionability. Network-wide views.
The use of logistics automation means making it easier than ever to adapt and adjust to changing market trends and consumer demands. Download the WhitePaper. Improved predictive analysis and projection with logistics automation data and insights. This remains particularly true for shippers and logistics managers.
In 2013 the Journal of Business Logistics published a whitepaper calling for “crucial” research into the possible applications of Big Data within supply chain management. Applications for analysis of unstructured data has already been found in inventory management, forecasting, and transportation logistics. Source: Forbes.
The most well-known examples are Transmetrics and ClearMetal , which were both mentioned in the latest DHL’s Logistics Trend Radar. AI analysis can also be used to safeguard against risk. The Top Logistics Trends that Will Impact Logistics Management in 2018?. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER.
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