FreightWaves SONAR

FEBRUARY 29, 2024

Housing starts are calling for lumber kits, industrial purchasers are ordering products for their projects, and construction companies are planning their moves and strategies for the year. Shippers often manage transportation for these projects with historical data, bids from trusted carriers and a lot of guesswork.

Purchasing Skills 59

Purchasing Skills Data Sourcing Strategies Trends 59

FreightWaves SONAR

FEBRUARY 11, 2021

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. It’s that simple. Request a SONAR Demo.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

Locus

MAY 4, 2023

The logistics industry relies on the efficient transportation of goods between locations and line haul transportation plays a significant role in this. Efficiency and cost-effectiveness: Line haul trucking is considered a more efficient and cost-effective mode of transportation than other options such as seaways, airways, or rail.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Optimization Software Supply Chain Software 52

Blue Grace Logistics

FEBRUARY 18, 2021

Digitization takes living, real-time data from once futuristic fantasy to practical present-day tools. Having uniform data instantly updated across many locations translates into an efficient organization. Having uniform data instantly updated across many locations translates into an efficient organization.

Sourcing Strategies 62

Sourcing Strategies Digital Efficiency Optimal Sourcing 62

SYSPRO Smarter ERP

APRIL 17, 2023

The manufacturing industry is currently undergoing a rapid digital transformation, and as a result, companies are generating vast amounts of data. Unfortunately, without proper processing and analysis, this data is of little use to the organization. This empowers teams to improve processes, reduce costs, and increase efficiency.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

FreightWaves SONAR

MAY 7, 2024

This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis. These platforms automate and digitize procurement workflows, simplifying data management and enhancing decision-making capabilities.

Optimal Sourcing 64

Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

Locus

JULY 24, 2023

Supply chain management involves the transportation of freight between locations, and load matching is a small but critical aspect that drives supply chain efficiency. This ensures efficient and safe transportation. Load matching aligns carrier preferences with suitable loads for efficient transportation.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Optimization 52

3PL Links

SEPTEMBER 14, 2023

Image source: Pexels Scaling your business’s success requires an effective logistics operation. Read out our 7 Crucial Tips for Efficient and Sustainable Logistics below: 1. It is founded on research, data gathering, and data interpretation that reduces implementation risks. “I found an issue.”

Sourcing Strategies 48

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CLX Logistics

MAY 14, 2024

By incorporating these elements, firms can enhance operational efficiency, reduce risks, and meet customer expectations. Moreover, SCV is not just about tracking—it’s about gaining actionable insights to help businesses anticipate needs and adjust strategies accordingly. What is Supply Chain Visibility?

Supply Chain Planning Software 85

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 85

SYSPRO Smarter ERP

JULY 3, 2023

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. Smart factories can greatly reduce unplanned downtime, improve product design, increase efficiency, and improve product quality and worker safety.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98

3PL Links

AUGUST 23, 2023

8 Best Practices for Efficient Inventory Management | Image source: Pexels Maintaining control over the inventory of items is crucial to ensuring a healthy sales volume and, consequently, reducing operating costs. But despite its significance for the outcomes, managers don’t always give it the attention it deserves.

Sourcing Strategies 48

Sourcing Strategies Inventory Reduction Inventory Efficiency 48

FreightWaves SONAR

MARCH 8, 2021

As explained by Supply & Demand Chain Executive , “Digitization, software and giving shippers and carriers efficient tech tools are critical, as technology continues to modernize this industry. The abundant data sources can make the process of assessing the market more difficult than necessary. Download the White Paper.

Sourcing Strategies 98

Sourcing Strategies Optimal Sourcing Sourcing Data 98

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. This software links directly with your ERP and creates a daily list of purchasing recommendations based off the inventory data.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

GoShip Blog

NOVEMBER 15, 2023

Now, scale that up to the world of freight shipping, where a small data slip can mean big money lost. In the freight shipping industry, the accuracy of freight data is more than just a detail. Every day, countless shipments crisscross the nation, each with its data points: weight, dimensions, type, and destination.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Sourcing Strategies Data 52

3PL Links

APRIL 5, 2024

Image source: Shipbob | Top 10 Practical Supply Chain Management Tips for Businesses Effective supply chain management becomes an increasingly important sector full of strategic opportunities and difficulties in an increasingly dynamic and complicated network. It goes beyond simply being an operational strategy.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Sourcing Strategies 48

SYSPRO Smarter ERP

JANUARY 9, 2023

Manufacturers increasingly turning to data and analytics, from an ERP system, to support business initiatives. Data is after all the fuel that runs the Fourth Industrial Revolution. Challenges to using data. Many manufacturers are data-rich but when it comes to using it they are insight-poor.

Manufacturing Procurement 111

Manufacturing Procurement ERP Data Logistics Network Optimization Software 111

FreightWaves SONAR

DECEMBER 9, 2020

Most freight brokers have to source their own freight broker leads. Here are six tips for sourcing freight broker leads that will minimize the time and resources required to source and research shipper leads. . 6 Tips to source freight broker leads. #1: One challenge comes from the term “shippers.” 3: Conference agendas.

Sourcing Strategies 105

Sourcing Strategies Purchasing Skills Sourcing Tips 105

FreightWaves SONAR

APRIL 13, 2021

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

Locus

MAY 25, 2022

Here are seven key strategies that they have used to make it happen. Source: statista.com. The advanced route planning feature in a dispatch management platform factors in real-world constraints for determining the most efficient routes. Use data insights. The obvious answer is data. – Statista, U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

CLX Logistics

APRIL 22, 2024

Whether achieving real-time compliance tracking, navigating market uncertainties through advanced analytics, or reinforcing safety protocols via secure data exchange, the digital revolution within the chemical supply chain emerges as the critical factor in surmounting these difficulties. Data informs transportation capacity and rates.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 82

SYSPRO Smarter ERP

MAY 2, 2024

Ever-evolving business requirements are another strong influencer as manufacturers strive to improve business processes and efficiencies. This market growth is being propelled by the drive to improve operational efficiencies, the competitive advantages to be gained by adopting cloud-based ERP and the benefits offered by AI and ML.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

3PL Links

MAY 9, 2024

Image source: PickPik | Everything You Need to Know About Smart Warehousing Smart component storage for electronic board assembly is a tactic employed by businesses looking to uphold high standards for their offerings. Accelerating material handling processes can lead to time savings and increased production, which is an additional benefit.

Warehousing 48

Warehousing Optimal Sourcing Inventory Reduction Expense Reduction 48

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. Soon, it’ll almost be a guarantee that if you’re not leveraging modern data analytics properly, you’re losing money or leaving it on the table.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. This includes sourcing materials, working with vendors, managing warehouses and transportation, and coordinating with retailers to ensure they can meet the changing demands of consumers while remaining profitable. and Target Corp.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

CLX Logistics

MAY 15, 2024

They also recognized the need to look beyond their own data, and wished for experienced input on their procurement strategy. Client Challenges The Company needed to better understand their rates in comparison with the market on a granular level with regards to specific lanes, equipment types, and special requirements.

Optimal Sourcing 61

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 61

EazyStock

AUGUST 28, 2023

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands data-driven decision making. When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

SYSPRO Smarter ERP

AUGUST 2, 2023

To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain. Acquiring and consolidating data can be a formidable task, however, especially when data is scattered across different systems and formats.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 98

SYSPRO Smarter ERP

APRIL 24, 2023

The goal of order fulfilment is to ensure that customers receive the products they ordered in a timely and accurate manner whilst minimizing costs and maximizing efficiency and throughput. Sourcing and receiving — most companies use suppliers to provide parts or materials or a product.

ERP 105

ERP Optimal Sourcing Supply Chain Planning Software Ordering 105

EazyStock

JUNE 23, 2022

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Unstructured data isn’t as accessible to search or export and is often text-heavy.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. Utilize a TMS That provides real-time data to remain agile.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

SYSPRO Smarter ERP

APRIL 18, 2022

Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains. With reliable data from ERP manufacturers and distributors can use data analytics to respond to challenges.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

Blue Grace Logistics

NOVEMBER 21, 2023

a How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 In the realm of ever-fluctuating food prices, a pragmatic revolution is quietly taking place in the shopping carts of budget-conscious consumers.

Optimal Sourcing 87

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 87

SYSPRO Smarter ERP

DECEMBER 13, 2021

With greater visibility of inventory through the value chain, many businesses have been able to increase efficiency and revenue, and improve customer service. The just-in-time inventory management approach focused on using capital more efficiently but relied on accurate demand forecasting and supplier reliability.

Inventory Reduction 122

Inventory Reduction Inventory Sourcing Strategies Supply Chain Planning Software 122

The Logistics of Logistics

NOVEMBER 3, 2020

Richard writes the DC Velocity blog on Analytics and Big Data. Combining the power of supply chain expertise, data governance, and machine learning, Competitive Insights ’ cloud-based solutions search, find and highlight opportunities to increase revenue, reduce costs, increase efficiency and continuously drive profitable performance.

Supply Chains 195

Supply Chains Optimal Sourcing Sourcing Strategies Resource Reduction 195

Freightos

APRIL 25, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Despite the reduced customs costs, both companies are likely shipping by air at a loss—a sustainable strategy for their coffers but one that majorly impacts supply chain organizations reliant on the same volumes.

Cost Reduction 88

Cost Reduction Cargo Price Reduction Resource Reduction 88

FreightWaves SONAR

APRIL 5, 2021

Tracking market trends within truckload rates relies heavily on data 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. Data-driven insights provide a rubric for guiding RFP processes.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

FreightWaves SONAR

MARCH 16, 2021

Companies with access to accurate near-real-time data not only improve their operations; they also gain the ability to depict the current state of the trucking market. These accurate depictions of the market come from the tracking of data. Businesses that have better access to more data have distinct advantages.

Expense Reduction 93

Expense Reduction Price Reduction Data Capacity 93