FreightWaves SONAR

OCTOBER 31, 2024

Within SONAR, the Outbound Tender Reject Index (blue) In early October eclipsed 5% for the first time since the Fourth of July holiday. At the same time, the Outbound Tender Volume Index (white) has yet to move meaningfully higher, despite record import levels.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Cost Reduction Outbound 52

Blue Grace Logistics

JUNE 13, 2022

Insulating against disturbances to the supply chain through critical weather strategies has proved effective in cutting down delays and costly overages. To read the entire blog visit BlueGrace Logistics. Making weather disruptions and disasters a part of overall business continuity planning. More Hurricanes.

Inventory Reduction 62

Inventory Reduction Cost Reduction Resource Reduction Price Reduction 62

FreightWaves SONAR

MARCH 5, 2021

In the image below, use the following as your guide to interpreting: Blue = outbound tender rejections for the Dallas market, which measure service, capacity and price. Green = outbound volumes (demand). It shows outbound volumes increasing and inbound supply decreasing. Capacity signals for the freight market.

Freight 98

Freight Price Reduction Cost Reduction Outbound 98

Logistics Bureau

JANUARY 3, 2025

If youve followed our blog over the years, youll know that weve shared lots of information about distribution network design, why its vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

FreightWaves SONAR

MARCH 30, 2021

Data-driven lane and contract management boost compliance rates Inbound and outbound freight logistics are both critical parts of the modern supply chain’s freight market , though each one has been managed quite differently. How those data-driven strategies and game plans are implemented makes all the difference in the world.

Compliance 98

Compliance Supply Chain Software Supply Chain Planning Software Data 98

FreightWaves SONAR

FEBRUARY 26, 2021

Leading metrics for tracking overall and market-specific activity include: Inbound and outbound load daily change rates, like the Outbound Tender Volume Index (OTVI) in FreightWaves SONAR. Freight market share over the last week, such as SONAR’s Outbound Tender Market Share (OTMS).

Trucking 96

Trucking Freight Price Reduction Cost Reduction 96

GlobalTranz

AUGUST 4, 2021

That alone is evidence that shippers need to start rethinking their strategies and supply chain risk management systems, but there are other challenges that are often overshadowed by the pandemic in the past year like weather, supply chain cyber security , labor shortages, market volatility, and more. Cybersecurity Concerns Remain.

Supply Chain Design Software 115

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

FreightWaves SONAR

APRIL 8, 2021

Managers of carrier relations representatives can set alerts for when these trends start to change, but with an increase in rates this high, your strategy should be focused on contracting these carriers to a more sustainable rate (if they are even willing to have that discussion). .

Negotiating Skills 95

Negotiating Skills Freight Price Reduction Outbound 95

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. The post The role that ERP systems can take in helping IM&E appeared first on SYSPRO Blog. The new normal for manufacturers. IM&E companies need to start looking at digitizing operations. Download Now.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

Ship Monk

OCTOBER 13, 2021

No matter what you sell, returns are pretty much unavoidable, which means baking a plan for them into your overall strategy is a must. You see, there are two sides of the shipping coin: outbound and inbound. Sign up to the ShipMonk blog for juicy tidbits delivered straight to your inbox, free of charge.

3PL 98

3PL Inventory Reduction Resource Reduction Inventory 98

Logistics Bureau

JANUARY 20, 2025

As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

GlobalTranz

MAY 12, 2021

An experienced 3PL provider has developed strategies for many other shippers and can adapt successful strategies for a customized supply chain optimization plan. Supply Chain Solutions. Tap external expertise to assess supply chain risks and develop plans to adapt to them. Supply Chain Transformation.

Supply Chain Software 114

Supply Chain Software Supply Chain Planning Software 3PL Supply Chains 114

FreightWaves SONAR

MARCH 22, 2021

The WRI combines outbound tender market share (OTMS) and the weekly change in tender rejection rates (OTRIW). For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days. OTMS x OTRIW = WRI. Quickly understand capacity changes and impact on shipping rates daily with SONAR’s WRI.

Capacity 98

Capacity Price Reduction Demo Cost Reduction 98

GoShip Blog

MAY 12, 2020

Creating a reopening strategy can be very useful for a smooth entering of the market in the new conditions. You should be fully prepared for this increase and have inventory and shipping strategies in place. If you don’t have a polished online strategy, consider updating it immediately! How will small businesses reopen?

Vendor Strategies 69

Vendor Strategies Inventory Reduction How To Strategy 69

FreightWaves SONAR

MARCH 15, 2021

In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. Carriers will be able to see inbound and outbound stability on specific lanes.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

APRIL 7, 2021

Chart of the Week : Van Contract Base Rate per Mile Initial, Van Outbound Tender Reject Index , Truckstop Average Van Spot Rate per Mile – USA SONAR: VCRPM1.USA, The traditional strategy of relying on leverage will probably not work as well this year. Price too low and risk paying spot market premiums of 30%-50%.

Negotiating Skills 98

Negotiating Skills Compliance Cost Reduction Trucking 98

FreightWaves SONAR

NOVEMBER 19, 2020

However, AI can provide a pathway toward more proactive, responsive management strategies.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

FreightWaves SONAR

APRIL 4, 2024

Recognizing the collective significance of market conditions across KMAs at any given time, logistics professionals can devise strategies that accommodate the diverse nature of these areas, ensuring efficient and effective freight procurement and management. Curious about how KMA trends can inform an effective supply chain strategy?

Supply Chains 52

Supply Chains Optimal Sourcing Freight Outbound 52

FreightWaves SONAR

MARCH 5, 2021

Lane Signal considers the following indices: Outbound Tender Volume Index Outbound Tender Rejection Index Headhaul Index for both origin and destination Inbound Tender Volume Index Inbound Tender Rejection Index. If you are working with contracted freight, work with the carrier to develop a long-term rate strategy.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

Transporeon

SEPTEMBER 20, 2018

Demand for both outbound and inbound freight remains highest in the Southeast, Texas and Upper Midwest regions, with demand outpacing available carrier capacity. Adapt the freight allocation strategy to handle scarcity . Nearly half of U.S.

Price Reduction 101

Price Reduction Cost Reduction Resource Reduction Capacity 101

Logistics Bureau

DECEMBER 22, 2024

For this reason, KPIs are essential for any business improvement strategy. While the KPI explanations in this post are very brief, you’ll find a wealth of more detailed information here on the Logistics Bureau blog, as well as on that of our supply chain benchmarking and KPI consulting division, Benchmarking Success.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

GlobalTranz

JUNE 19, 2018

The Solution: Shippers Must Use Out-of-the-LTL-Box Strategies Shippers must take a more strategic approach to truckload procurement, explains CH Robinson via Supply Chain 24/7. Hiring outside experts to help manage both inbound and outbound freight, such as hiring a third-party logistics provider (3PL). Fortunately, a solution exists.

Procurement Solutions 70

Procurement Solutions Procurement Analytics Procurement Capacity 70

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service. Outbound KPIs. This may lead to any number of follow-up actions, for example: Redesigning sourcing or material strategies.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

FreightWaves SONAR

MARCH 30, 2021

How is technology enabling strategic conversations at the order level to happen faster and for the freight department to work seamlessly with procurement on the inbound side and sales on the outbound side to optimize freight shipping ? How do we digitize all the players in the supply chain network?

Supply Chain Software 78

Supply Chain Software Collaboration Supply Chains Optimal Sourcing 78

GlobalTranz

APRIL 5, 2017

Some cite a lack of visibility or lack of control for reasons to not manage inbound logistics, and while proponents of “increased visibility” argue more information begets more effective inbound logistics strategy, its meaning gets lost in the murky waters of the internet. This is where an effective inbound logistics guide becomes important.

Inbound 49

Inbound Vendor Strategies Cost Reduction Inventory Reduction 49

GlobalTranz

SEPTEMBER 16, 2016

Editor's Note: Today's blog is a guest blog by our friends at 2 Flow. In this blog, they discuss everything you need to know about a 3PL business. What is 3PL? There are several definitions of 3PL. These include: . Does the 3PL have the necessary expertise and experience to help you improve your company’s logistics activities?

3PL 101

3PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 101

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. And a failure to ensure trucking capacity availability within one market will have a resounding effect on allocation strategies of a trucking fleet’s assets. Unlike contracted rates, the spot freight market is full of wild price swings and uncertainty.

Price Reduction 94

Price Reduction Freight Resource Reduction White Paper 94

GoShip Blog

JUNE 3, 2021

The inbound and outbound logistics consist of various operations that require a lot of manpower and finances. Outsourcing logistics is becoming widely popular today due to their superior strategies and customized services. . What are logistics operations? . What are the benefits of outsourcing logistics? . Managed freight budget.

Outsourcing 59

Outsourcing Cost Reduction Expense Reduction Logistics Network Optimization Software 59

FreightWaves SONAR

DECEMBER 21, 2022

That’s where point of sale freight data comes in to help supply chain leaders create a superior supply chain strategy. . By examining SONAR’s Outbound Tender Volumes, Outbound Tender Rejections, and Inbound Tender Volumes, users can understand capitalism at a per market level. Want an easy win?

Negotiating Skills 52

Negotiating Skills Supply Chains Price Reduction Cost Reduction 52

Logistics Problem Solving

JUNE 2, 2017

This includes both outbound and inbound freight. Many times, the shipper goes to their IT department to get the data they need to run an analysis to find out how compliant they are or to look for strategies to lower their spend. Every company has logistics problems. What keeps shippers from solving these problems?

Logistics Network Optimization Software 75

Logistics Network Optimization Software Resource Reduction Cost Reduction Logistics 75

GlobalTranz

JANUARY 15, 2019

We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. Why it is vital that our outbound shippers can offer more savings to their vendors by extension of our customers’ use of a TMS. A shipper’s story who has used a TMS to focus more on overall company and revenue producing strategies.

Cost Reduction 48

Cost Reduction eBook Vendor Strategies Transportation 48

FreightWaves SONAR

APRIL 25, 2023

When operating minibids or short-term RFPs, or when pricing individual loads, it is important to understand the directional movement of freight trends in order to be proactive in your pricing strategy. New features are available in Market Dashboard+ that help users quickly identify trends and market movement.

Negotiating Skills 52

Negotiating Skills Price Reduction Supply Chain Planning Software Outbound 52

GoShip Blog

FEBRUARY 18, 2020

One of the possible solutions to cut unnecessary costs is to look into your inbound freight shipping strategy. Most retailers use it either way to manage outbound shipments, but it’s a perfect solution for inbound transportation management as well. Why is inbound shipment management important?

Inbound 52

Inbound Vendor Strategies Cost Reduction Freight 52

GlobalTranz

FEBRUARY 7, 2018

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. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.

Supply Chain Design Software 68

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Technology 68

GlobalTranz

FEBRUARY 2, 2015

In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Each blog post written is distributed into groups that reach the supply chain community as well as professionals in manufacturing, transportation, distribution, and more. Editor’s Note: Cerasis is a 3PL focused on transportation management.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94

FreightWaves SONAR

NOVEMBER 17, 2020

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. Outbound/Inbound Tender Rejection Indices to understand market trends and rates. Download the White Paper.

Data 52

Data Sourcing Strategies Transportation Freight 52

FreightWaves SONAR

FEBRUARY 24, 2021

The Ocean TEU Index measures booking requests for capacity, much like the Outbound Tender Volume Index (OTVI) does for domestic trucking. Not all ocean shipping requests are accepted, but they are a good indicator of demand and can have leading implications for other modes, such as air cargo in this case.

Price Reduction 92

Price Reduction Cost Reduction Sourcing Strategies White Paper 92