Locus

MAY 20, 2024

This blog delves into essential acronyms and abbreviations, from BOPIS to WISMO, that are pivotal for optimizing supply chains and elevating customer satisfaction. In a way, this model is a win-win as it saves return logistics costs for retail businesses. Read Also: FMCG Sales Beat – Insight Report 23.

Inventory Reduction 98

Inventory Reduction Logistics Network Optimization Software Cost Reduction Optimization Software 98

Shipchain

FEBRUARY 14, 2019

Blockchain Prevents Unsuspecting Purchases of Counterfeit Drugs and Medical Devices. Pharma ceutical supply chains suffer an annual global loss of more than $200 billion due to counterfeit medications, reports Mike Miliard of Healthcare IT News.

Supply Chain Planning Software 99

Supply Chain Planning Software Supply Chains Inventory Reduction Manufacturing Procurement 99

FreightWaves SONAR

JANUARY 27, 2021

In addition, e-commerce’s already strong secular trend accelerated through the period as the nation stayed home while still purchasing goods for delivery, enhancing the outlook for final-mile delivery. The insights generated are the product of a deep bench of domain experts backed by the proprietary data and analytics housed in SONAR. .

White Paper 66

White Paper Procurement Analytics Freight Demo 66

FreightWaves SONAR

JANUARY 8, 2021

Analytics-driven processes are the go-to strategies for all freight management parties that seek to increase profitability. As reported by Mindy Long of Transport Topics , “One of the challenges for fleets collecting a wealth of data is determining what information is actionable.” Request a SONAR Demo.

Expense Reduction 104

Expense Reduction Freight Price Reduction Purchasing Skills 104

FreightWaves SONAR

MARCH 4, 2021

Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations. That’s where data analytics comes in.”

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

Ship Monk

SEPTEMBER 14, 2022

By value , we mean how much that inventory cost to make or purchase, plus how much it’s costing you to store it. Ending Inventory + COGS – Purchases = Beginning Inventory. Beginning Inventory + Purchases – COGS = Ending Inventory. Beginning Inventory + Purchases – COGS = Ending Inventory.

Inventory Reduction 98

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 98

Locus

JUNE 24, 2024

.” The 2024 Market Guide noted that “New digitalization initiatives, the increasing adoption of e-commerce, and the need to optimize transportation costs to improve the end-consumer experience and increase brand engagement are some of the challenges LMD solutions must solve. Take a look at our demos! and internationally.

Gartner 52

Gartner Optimal Sourcing Optimization Software Vendor Strategies 52

FreightWaves SONAR

FEBRUARY 15, 2021

The Operating Ratio (OPRAT) index provides total operating costs divided by operating revenue, which is derived from Truckload Carriers Association (TCA) members and is reported on a monthly basis. That includes total fuel costs for purchasing rack diesel fuel price , fuel additives, diesel exhaust fluid and taxes.

Trucking 98

Trucking Expense Reduction Operations Purchasing Skills 98

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

FreightWaves SONAR

JANUARY 25, 2021

The Maintenance Expense per Mile (MAINT) index captures the total maintenance expense, reported by participating carriers during a given month, expressed on a per-mile basis. The expense reported is specific to the maintenance of company-owned trucks, and company fleet-allocated trailers. Maintenance Expense per Mile (MAINT).

Optimization Software 98

Optimization Software Optimization Trucking Expense Reduction 98

FreightWaves SONAR

FEBRUARY 22, 2021

For part-time, the counts are reported on a full-time-equivalent (FEL) basis. The carriers reporting the data for this index are participants in the Truckload Carriers Association’s TPP program. As with DEVREV, the carriers reporting the data for this index are participants in the Truckload Carriers Association’s TPP program.

Trucking 85

Trucking Procurement Analytics Demo Modeling Software 85

FreightWaves SONAR

JANUARY 11, 2021

The carriers reporting the freight data for this index are participants in Truckload Carriers Association’s TPP program. This index, for small populations of drivers, is highly dependent on the States and Provinces that each reporting carrier operates within.

Trucking 97

Trucking Procurement Analytics Modeling Software Demo 97

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? Referrals One of the first things consumers do when making a big purchase is ask friends and family for recommendations. That’s a mind-blowing statistic. Why are other people’s opinions so darn important to us?

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

FreightWaves SONAR

FEBRUARY 8, 2021

SONAR’s Ocean Shipments Report and Ocean TEUs indices show subscribers how much cargo is shipping to and from the United States. What do the Ocean Shipments Report and OceanTEUs indices tell freight market participants? Rather than relying on historical data being reported by ports or U.S. and are reported by U.S.

Outbound 98

Outbound Procurement Analytics Demo Freight 98

FreightWaves SONAR

JANUARY 5, 2021

While descriptive analytics can help carriers understand what happened, knowing when to refuse loads or charge a higher cost can be difficult. Quite simply, it costs money to ship freight and the amount can vary significantly by region, zone, mode and more. Debt and interest payments are not included in these costs.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

FreightWaves SONAR

DECEMBER 23, 2020

You can purchase a ring light for as little as $30. If you do need to present a demo, PowerPoint, or other material on a call, then you will need to use your laptop. The SONAR platform is the only freight forecasting and analytics platform that offers real-time freight market intelligence driven off actual freight contract tenders. .

Tips 96

Tips Video Freight White Paper 96

FreightWaves SONAR

NOVEMBER 20, 2020

Total cost of goods sold The total cost of goods sold is among the most prominent and most influential metrics in supply chain management. It is a measure of the beginning inventory cost plus the purchases made during the period, minus the ending inventory costs. Request a SONAR demo online to learn more.

Supply Chain Design Software 66

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 66

Locus

APRIL 13, 2023

Advanced analytical insights: With advanced supply chain analytics from Locus’ offerings, businesses can solve many inefficiencies, complexities, and bottlenecks that make their last-mile delivery expensive. It has saved $275 million in logistics costs and 10m + kgs in Greenhouse gas emissions. appeared first on Locus Blog.

Optimization Software 52

Optimization Software Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 52

FreightWaves SONAR

FEBRUARY 1, 2021

The indices are reported on a 14-day (Initial, 1) and 28-day (Final, F) lag on a national level. As stated earlier, each mode has two tickers, one for the initial report, which has less than 50% of the total volume and another final report which has more than 90%. Request a SONAR Demo. Van initial (14-day) – VCRPM1.USA

Negotiating Skills 75

Negotiating Skills Purchasing Skills Freight Procurement Analytics 75

FreightWaves SONAR

DECEMBER 9, 2020

For sheer volume, purchasing third-party leads are useful for most freight brokerages. The SONAR platform is the only freight forecasting and analytics platform that offers real-time freight market intelligence driven by actual freight contract tenders. . Request a SONAR Demo. 6: External lead lists .

Sourcing Strategies 105

Sourcing Strategies Purchasing Skills Sourcing Tips 105

Locus

JUNE 24, 2024

Retailers must ensure products move seamlessly from warehouses to customers while keeping costs low and satisfaction high. In this blog, we spotlight the top six retail logistics software companies in the US , examining how they are revolutionizing logistics management and setting new standards for efficiency and reliability.

Supply Chain Design Software 52

Supply Chain Design Software Logistics Network Optimization Software Optimization Software Supply Chain Planning Software 52

Locus

JANUARY 8, 2024

What’s more, nearly a fifth are at the forefront, harnessing advanced tools like control towers and analytics to maintain their competitive stance. Echoing this movement, McKinsey spotlights how adopting advanced analytics in distribution retools the daily workflows of frontline staff, boosting retention by 15%.

Cost Reduction 52

Cost Reduction Expense Reduction Resource Reduction Logistics Network Optimization Software 52

Ship Monk

DECEMBER 15, 2023

billion, according to Adobe Analytics , up 7.5% Will consumers be reluctant to use credit cards for holiday purchases? For the first time, mobile purchases have overtaken desktop purchases. Shopify reports that sales were up 24% compared to last year, with 61 million consumers shopping globally this year.

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

Locus

JULY 11, 2024

This blog explores the top five retail logistics software companies in Saudi Arabia, highlighting their unique features, capabilities, and how they are transforming the logistics landscape for retailers across the region. 7 Ways Retailers Can Reduce Delivery Costs 2. Schedule a demo with us now! Still confused?

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Design Software Optimization Software Procurement Solutions 52

Locus

JULY 24, 2023

For instance, 41% of global shoppers expect same-day delivery for their purchases. Cost Considerations: A significant financial and environmental cost for shippers and carriers hides as empty miles. accounting for 61 billion empty miles and 87 million metric tons of unnecessary annual emissions.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Optimization 52

Shipchain

OCTOBER 25, 2019

We’ve been busy fine-tuning our platform, nailing our pitch, bringing on new customers, demoing for clients, and speaking at and attending different freight and logistics conferences. For everyone that hasn’t had a chance to tune in yet, we have made the recording public on our blog. . To read the full announcement, visit our blog.

Supply Chain Planning Software 48

Supply Chain Planning Software Logistics Network Optimization Software Procurement Analytics Supply Chain Software 48

Locus

DECEMBER 6, 2022

According to a recent report, companies that earn $1 billion annually can expect to earn, on average, an additional $700 million within three years of investing in customer experience. Our advanced scheduling optimization software has dynamically priced, customer delivery slots for both online and in-store purchases. Schedule Demo.

Optimal Sourcing 52

Optimal Sourcing Picking Optimization Software Sourcing Strategies 52

Locus

JULY 10, 2023

Shockingly, according to a Gartner report, only 21% of companies boast a robust supply chain network that provides adequate visibility and agility. Intelligent data at your beck and call: Locus’ advanced analytics capabilities takes the complexity of last-mile data and presents it to supply chain managers as actionable insights.

Optimization Software 52

Optimization Software Supply Chain Software Supply Chains Optimization 52

FreightWaves SONAR

AUGUST 23, 2021

While that may be too soon to call, it’s clear that these are trying times for shippers and brokers that purchase ocean capacity. Request a SONAR Demo. Request a SONAR SCI Demo. Ocean shipping issues have caused some to question whether Christmas will be cancelled. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.

White Paper 52

White Paper Demo Procurement Analytics Data 52

Shipchain

JANUARY 8, 2020

As per The State of Online Shopper Expectations and Actions study published by PARCEL , 64% of online shoppers have reported receiving a damaged product. According to Retail Drive, 21% of oversized online purchases arrive damaged each year, with 15% never arriving at all. . appeared first on ShipChain Blog.

Purchasing Skills 62

Purchasing Skills Production Supply Chain Software Supply Chains 62

Locus

SEPTEMBER 20, 2023

As its crucial tech partner, Locus supports its logistics services with functionalities like end-to-end visibility and analytical insights. If available technology aligns with a business’s needs and processes, they’ll purchase it. It has operated in this region for over 65 years. Missed the live session?

Webinar 52

Webinar 3PL Logistics Network Optimization Software Vendor Strategies 52

Locus

OCTOBER 21, 2022

To provide consumer experiences for your online shoppers after they make their purchases, click here. In fact, around 300,000 new jobs have already been created in the sector so far and over 500,000 more are expected to be added till Diwali, according to this report , as the demand for gig workers steadily increases. Schedule Demo.

Supply Chain Planning Software 52

Supply Chain Planning Software Meeting Optimal Sourcing How To 52

FreightWaves SONAR

MARCH 12, 2021

As large volumes of open deck trailers became available for purchase through liquidation, prices became so low that carriers could return their investment on the assets within a few months. That leverage can still be achieved through proper carrier procurement. Request a SONAR Demo. appeared first on SONAR.

Purchasing Skills 90

Purchasing Skills Modeling Software Procurement Analytics After-sales 90

Locus

APRIL 6, 2023

Advanced analytics: Locus’ data analytics solution transforms post-execution data into actionable insights, displayed on dashboards, to continually enhance future deliveries. SAP A long-time industry player SAP’s solutions leverage advanced analytics and machine learning to optimize supply chains and drive data-based decisions.

Supply Chain Design Software 52

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Supply Chain Software 52

Blue Grace Logistics

DECEMBER 15, 2022

The Logistics Blog®. Rising online purchases over the past few years have increased the need for LTL. Haul lengths reported by respondents varied from 500+ miles to 100-249 miles. About half of those surveyed reported it is sometimes or always a challenge securing LTL capacity for these loads. Accurate reporting.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Purchasing Skills Survey 62

EazyStock

NOVEMBER 18, 2022

Ultimately, our automatically generated purchase orders will save you time and money. We use key metrics like demand patterns, sales usage, pick frequency, and demand volatility so you can identify your winners and losers. Book a demo to learn more about EazyStock’s functionality and how it can make your demand planning easier.

Optimization Software 52

Optimization Software Procurement Solutions Procurement Analytics Purchasing Skills 52

FreightWaves SONAR

AUGUST 25, 2021

While it may be premature to say Christmas is canceled, any company having to purchase capacity on the ocean is facing unprecedented pressure. Request a SONAR Demo. Request a SONAR SCI Demo. The maritime market madness has caused some retailers to wonder if Christmas is going to be canceled.

Maritime 52

Maritime White Paper Demo Purchasing Skills 52