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How to create a carrier scorecard that includes predictive modeling around freight market volatility

FreightWaves SONAR

As a result, companies should create carrier scorecard standards that apply advanced analytics, namely predictive modeling, to consider market volatility and overcome it. Use predictive modeling to determine expected carrier costs based on different scenarios. Request a SONAR demo online to get started. Request a SONAR Demo.

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From HMPV to Resilience: Why Future-Ready Supply Chains Are Critical Now

Locus

Companies relying on lean inventory models or single-region sourcing are particularly exposed. Businesses that adopt multi-region manufacturing and fulfillment models are better positioned to manage disruptions. Chat with our experts and book your demo now. Challenges for Businesses 1.

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[INFOGRAPHIC] Asset-based freight carriers, lite and brokerage: what are the carrier model types

FreightWaves SONAR

(Graphics created by Emily Ricks) Understanding the nuances between freight carriers ’ business models can be confusing at best. After all, each of these models can be broken down into additional service tiers, solutions and more. This is where some of the model language gets more confusing. It’s that simple.

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[WHITE PAPER] How Data Powers Freight Brokerage ROI: Increasing load execution and broker profitability

FreightWaves SONAR

According to a 2016 McKinsey & Company report : “Data and analytics underpin several disruptive models. Introducing new types of data sets (”orthogonal data”) that can disrupt industries, and massive data integration capabilities can break through organizational and technological silos, enabling new insights and models.

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Emerging Trends Around Last-Mile Delivery Fulfillment Models 2022

Locus

Similarly, today’s emerging last-mile delivery fulfillment models seemed like a gamble for businesses when it started a decade back but are essential for a profitable business plan today. The answer depends on the last-mile delivery fulfillment model you adapt. Some emerging trends around last-mile delivery fulfillment models.

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From import tariffs to the next tsunami: how Prescriptive Analytics can help you build agility and resilience into your Supply Chain Network

AIMMS

You should be able to model unforeseen disruptions, understand their impact, and use prescriptive analytics to put a plan in place that mitigates the negative impact on your bottom line. AIMMS has been used as a prescriptive analytics modeling platform to assist clients with Network Design for almost 30 years.

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Decreasing deadheading in trucking: how carriers are turning to data to maximize assets

FreightWaves SONAR

More money going out than is coming in is never a profitable business model. Data analytics enable predictive modeling to guide RFP responses to shippers and brokers. Shippers and brokers alike can benefit from data analysis and predictive modeling and predictive freight rates. Request a SONAR Demo. It’s time to act.