FreightWaves SONAR

MARCH 22, 2021

In this edition of “SONAR Indices & Insights,” readers will learn about FreightWaves SONAR’s Weighted Rejection Index (WRI) to monitor trucking capacity in the freight market and the impact rejections have on shipping rates. For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days.

Capacity 98

Capacity Price Reduction Demo Cost Reduction 98

Talking Logistics

MAY 8, 2019

One of the big takeaways from 2018 was that finding trucking capacity during periods of high demand is very challenging, especially in a highly-fragmented market with hundreds of thousands of single-truck owner-operators and micro-carriers with 9 trucks or less. How do you efficiently tap into this large source of capacity?

Reliability 61

Reliability Capacity Networks Logistics Network Optimization Software 61

FreightWaves SONAR

JANUARY 4, 2021

Here are 10 shipper of choice tips to help enterprises secure capacity and improve relationships with carriers, not to mention transportation brokers. The best examples of shippers of choice provide services along several trucking routes. Focus on dock experiences for drivers. Provide driver shipping route choices.

Tips 111

Tips Security Capacity Supply Chain Software 111

Talking Logistics

OCTOBER 30, 2018

If you’ve ever paid $10 for an Uber ride to the cocktail lounge in the evening and then a “surge priced” $50 for the same distance Uber ride back to your home only a few hours later around closing time, you understand the dynamics troubling shippers in today’s capacity constrained transportation market.

Optimization Software 60

Optimization Software Supply Chain Software Material Savings Logistics Network Optimization Software 60

Now, That's Logistics

OCTOBER 12, 2021

The ocean freight sector is facing a particularly high amount of uncertainty right now thanks to ongoing container shortages, port congestion and lack of capacity. At the end of August, for example, 44 container ships were stuck outside of the ports of Los Angeles and Long Beach in California. Covering the Demand.

Supply Chain Planning Software 145

Supply Chain Planning Software Scenario Planning Supply Chain Software Logistics Network Optimization Software 145

MTS Logistics

SEPTEMBER 8, 2023

For example: The global GDP growth rate for 2021 was 6.02%, a 9.1% Fleet Overcapacity The container shipping industry has experienced significant growth in recent years, leading to an increase in vessel capacity. Considering higher capacity, with reduced demand, these tools have barely any impact. increase from 2020.

Analysis 107

Analysis Supply Chain Software Sourcing Supply Chains 107

ShipLilly

MARCH 5, 2020

Perhaps many of the carriers will opt to repeat the tight capacity management approaches that were used in 2019 for purposes of maintaining a specified floor on rates. Early indicators are that many of the ocean carriers will seek to maintain rates by managing their capacity effectively. 2020 carrier strategy.

Negotiating Skills 52

Negotiating Skills Cost Reduction Price Reduction Capacity 52

Ship Monk

SEPTEMBER 17, 2024

Without a robust software platform that integrates dozens of diverse technologies, tools and apps, flashy robots can only do so much. Examples of Warehouse Automation Include: Automated storage and retrieval systems (AS/RS): Automated systems that store and retrieve products from high-density storage.

Optimization Software 58

Optimization Software 3PL Automation Inventory Reduction 58

Transporeon

JANUARY 25, 2018

In the case of an Amway multivitamin, for example, the company controls the process “from seed to supplement,” transporting raw materials to manufacturing sites in the U.S., China, India and Vietnam, and then shipping finished products on to distributors and consumers, utilizing a network of hundreds of distribution centers around the world.

Negotiating Skills 48

Negotiating Skills Manufacturing Procurement Cost Reduction Supply Chain Planning Software 48

Logistics Viewpoints

SEPTEMBER 4, 2023

There are different tools, goals, and market dynamics. It can move quickly from a situation where there is too much capacity in the market and buyers having the whip hand, to a situation where shippers are begging carriers to take their loads at almost any price. We did not have a great spot tool.”

Procurement Solutions 138

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 138

Logistics Viewpoints

SEPTEMBER 19, 2023

Risk events that happen in one part of the supply chain can cause a disruptive effect that is amplified multi-fold given the complex connectivity of labor, raw materials, and capacity. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 156

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 156

Logistics Bureau

NOVEMBER 12, 2024

For example, your company’s objective might be to achieve maximum operational productivity, to improve customer service, or perhaps to minimise capital expenditure. For example, is an SKU typically ordered by the pallet, carton, split carton, or individual unit? Order and picking profiles should be examined too.

Modeling Software 77

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 77

Transporeon

FEBRUARY 26, 2017

It’s usually obvious when you’re using the wrong tool. So then why do logistics professionals go on using the wrong procurement tool? So then why do logistics professionals go on using the wrong procurement tool? Why use the wrong procurement tool? So which tool is the right procurement tool?

Optimal Sourcing 48

Optimal Sourcing Logistics Network Optimization Software Optimization Software Supply Chain Software 48

GlobalTranz

NOVEMBER 17, 2016

As explained in a previous blog post, continuous improvement in an organization can be achieved through the use of performance measurement tools via big data. Mostly, this reflects the skills and actual working capacity of employees. Since employees represent one of the largest expenses, n organization may face.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Parade

DECEMBER 21, 2021

Tech and the Data Garnered from It Can Drive Smarter Strategy The , tools that tech provides are one thing; the data it collects and synthesizes so that companies can learn something from are infinitely valuable to gaining end-to-end visibility. They look to see which lanes their carriers have capacity. It all comes down to data.

Supply Chain Planning Software 78

Supply Chain Planning Software Price Reduction Scenario Planning Supply Chain Software 78

Parade

DECEMBER 21, 2021

Tech and the Data Garnered from It Can Drive Smarter Strategy The , tools that tech provides are one thing; the data it collects and synthesizes so that companies can learn something from are infinitely valuable to gaining end-to-end visibility. They look to see which lanes their carriers have capacity. It all comes down to data.

Supply Chain Planning Software 78

Supply Chain Planning Software Price Reduction Scenario Planning Supply Chain Software 78

Logistics Viewpoints

JULY 10, 2024

For companies with any complexity surrounding products, channels, or customers, no IBP process can be considered robust without employing SCP tools. Supply Planning Supply planning systems create models that allow a company to understand capacity and other constraints it has in producing goods or fulfilling orders.

Supply Chain Planning Software 159

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Software 159

MTS Logistics

OCTOBER 29, 2024

For example, route optimization algorithms help logistics companies reduce travel distances and fuel consumption by determining the most efficient paths based on real-time data, such as traffic and weather conditions.

Optimal Sourcing 82

Optimal Sourcing Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 82

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. Key Uses of Truckload Pricing Tools. Pinpoint Market Rates.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. Key Uses of Truckload Pricing Tools. Pinpoint Market Rates.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. Key Uses of Truckload Pricing Tools. Pinpoint Market Rates.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

SYSPRO Smarter ERP

DECEMBER 4, 2023

Traditional manufacturing favored long production runs of the same product because retooling machines to produce different products could cost time and resources, and waste capacity. Capacity takes a back seat to production flexibility as the key performance indicator for factory managers.

Manufacturing Procurement 105

Manufacturing Procurement ERP Material Savings Waste Reduction 105

Logistics Business Magazine

NOVEMBER 1, 2024

Black Friday only works as a great opportunity to offload discounted stock, for example, if the fulfilment process is super-efficient. Tools such as real-time shipment tracking can release knowledge workers from time wasted chasing information to focus on the analysis and planning required to optimise the business.

Supply Chain Software 56

Supply Chain Software Waste Reduction Supply Chain Planning Software Logistics Network Optimization Software 56

Logistics Viewpoints

MAY 24, 2023

One telling example is that an item would sometimes pass through three DCs before final delivery to the customer. For example, inventory was not slotted to minimize touches or facility travel distances. Warehouse Advantage, too, was a highly-adaptable solution with the tools necessary to adapt the WMS to its business requirements.

Supply Chain Planning Software 122

Supply Chain Planning Software Efficiency ERP Inventory Reduction 122

Trinity Logistics

OCTOBER 16, 2023

An example can be seen the Los Angeles market. Capacity Declining Six months ago, I would have taken a bet with anyone that the spread between contract and spot rates would not be greater than $0.50 It will be important for shippers, carriers, and brokers to keep an eye on activity around U.S. As seen in Figure 1.2,

Freight 91

Freight Logistics Network Optimization Software Outbound Trends 91

MTS Logistics

DECEMBER 20, 2023

Elastic logistics is becoming a shining example of efficiency and cost savings due to its capacity to dynamically react to changing demand by expanding or reducing operations. Logistics companies are leading a shift towards elastic logistics in a world where supply networks are becoming more intricate and uncertain.

Supply Chain Software 91

Supply Chain Software Supply Chains Inventory Reduction Cost Reduction 91

Logistics Viewpoints

JULY 28, 2021

As I mentioned in an earlier post on the growth drivers for the Transportation Management Systems market , transportation visibility tools are one of a number of technologies that are improving performance and helping to reduce freight spend. Real-time visibility tools are often thought of as an over-the-road technology.

Transportation 154

Transportation Supply Chain Software Logistics Network Optimization Software Manufacturing Procurement 154

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

Dedola Global Logistics

AUGUST 9, 2024

Current Situation Capacity Constraints: Carriers operating out of Southeast Asia, particularly from Thailand, Cambodia, and Indonesia, are experiencing full capacity. We are seeing more capacity for the West Coast, and the rates are slowly falling. Severe space shortages on vessels lead to significant delays.

Inventory Reduction 71

Inventory Reduction Cost Reduction Expense Reduction Freight 71

Talking Logistics

JUNE 7, 2018

Whatever the cause, the end result is the same: trucking capacity is tight, really tight. Shippers are paying higher rates, and even with offering higher rates many shippers are seeing rejected loads from the same carriers they relied on for capacity in the past. What does all of this mean? Becoming a Shipper of Choice Using a TMS.

Supply Chain Planning Software 60

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Optimization Software 60

Logistics Viewpoints

MARCH 24, 2022

Retailers also took steps to contain costs and preserve margins as they reoriented toward e-commerce like never before, including putting solutions in place to more effectively navigate carrier capacity caps and improve the visibility, accessibility, and mobility of inventory. More to give the organization.

Supply Chain Planning Software 146

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 146

FreightWaves SONAR

AUGUST 14, 2023

Supply chain optimization is often presented as a choice between resilience and responsiveness — between being able to withstand and operate normally under conditions of disruption and stress and being able to quickly flex capacity and throughput up or down opportunistically. Chart: FreightWaves SONAR.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

Logistics Viewpoints

AUGUST 17, 2022

As an analogy, DHL has established parameters that enable these technologies to be used like “a tool in a toolbox.” Brian provided me with insights into some specific warehouse automation and robotics examples. DHL has defined twelve technologies with clear benefits to the company and its customers. Autonomous Mobile Robots and AGVs.

Supply Chain Planning Software 197

Supply Chain Planning Software Supply Chain Software Digital Scenario Planning 197

Logistics Viewpoints

OCTOBER 17, 2024

Or they may have expertise in manufacturing processes and have flexible capacity to allow contract manufacturing for new product introduction. An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing.

Supply Chain Planning Software 145

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 145

The Lean Thinker

JULY 2, 2024

With the justification aside, they next had us go through exercises calculating net present value and ROI for a hypothetical capital investment in tooling – as though a shop floor supervisor would do this at any point in the course of their job. The structural designs were far more tolerant of production variation, for example.

Supply Chain Design Software 397

Supply Chain Design Software Price Reduction Supply Chain Planning Software Optimization Software 397

Logistics Viewpoints

FEBRUARY 23, 2023

There’s an older term now being applied to supply chains for this capacity: antifragility. of supply chain professionals found that their number one wish to increase work satisfaction is better, integrated tools. If organizations expand their capacity to learn they grow stronger with each crisis. A survey by boom!

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Digital 134

Logistics Viewpoints

JULY 19, 2021

Dr. Lassen views Anaplan – their connected planning tool – as a cloud-based, business planning platform capable of doing multidimensional planning with very fast solve times. The idea that a plan is “multi-dimensional” reflects the dimensions of customer demand, capacity, and products. So, what is “connected planning?”

Supply Chain Planning Software 166

Supply Chain Planning Software Scenario Planning Negotiating Skills Logistics Network Optimization Software 166