Locus

JUNE 16, 2023

Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing. The biggest challenge that logistics providers face is rising last-mile carrier delivery costs. These include: 1.

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Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management?

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EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

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FreightWaves SONAR

APRIL 6, 2021

Figuring out how to improve annual request for proposal (RFP) bidding strategies remains elusive for many shippers, especially in the context of knowing when to expand the network to leverage freight consolidation. The process typically starts with gathering data from their freight payment provider or system.

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EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.

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Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

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. Freight transport cost per shipment. It’s that simple.

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Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

The Logistics of Logistics

JUNE 5, 2024

Velostics aims to eliminate manual scheduling, reduce friction in the handoff process, and provide user-friendly tools for better decision-making. Khandelwal also discusses the significance of driver efficiency, cost optimization through automation, and the potential impact of a four-day workweek on scheduling.

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Optimization Software Logistics Network Optimization Software Supply Chain Software Cost Reduction 339

Ship Monk

JUNE 16, 2022

A clean, well organized warehouse and fulfillment center can help eCommerce businesses save on fulfillment costs by reducing errors in picking and packing orders, optimizing storage space, and getting orders out to customers faster. Similar products can be slotted in separate locations to reduce common picking errors.

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Locus

OCTOBER 17, 2023

Today, teams are armed with data like never before, making the jobs of NFL scouts more efficient. But what is it about a data-driven approach that gives scouts the edge? Which driver contributed to the highest cost per mile ? How many route deviations did the driver make? What is the time under the roof for a vehicle?

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Cost Reduction Supply Chain Planning Software Optimization Software Data 52

FreightWaves SONAR

JANUARY 5, 2021

Operational costs continue to increase for carriers year to year. Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Freight data reduces dwell time and load time.

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Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

Trinity Logistics

AUGUST 31, 2022

A TMS is an excellent investment and according to Logistics Management Magazine, has been shown to reduce transportation costs by up to 30 percent. All the data a TMS provides can be overwhelming and the possibilities of what you could analyze are endless. Ultimately, sifting through that data can be complex and time-consuming.

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Cost Reduction Negotiating Skills Expense Reduction Logistics Network Optimization Software 76

FreightWaves SONAR

JULY 24, 2023

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. The costs of logistics as a ratio of total expenses are too significant to ignore. In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.”

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Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Locus

MAY 2, 2023

Reducing 66% delivery costs with Locus According to Manuela Velez Araque, Lead Product Manager, Jüsto, efficient routing was one of the top three priorities for the company for timely and efficient fulfillment, given the size of cities like Mexico City and their complex traffic movements.

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Locus

MAY 15, 2023

With this growth potential in mind, Locus recently organized a roundtable discussion with industry leaders in the D2C segment on how brands can equip themselves to discover new last-mile efficiencies, reduce costs and engage more meaningfully with their customers with intelligent last-mile logistics solutions.

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Trimble

NOVEMBER 15, 2022

During the event, Rishi Mehra, director of operations and strategy, and Kelly Williams, product manager, had just seven minutes to present a Rapid-Fire Demo of Engage Lane: an agile transportation procurement platform that streamlines the relationship between carriers and shippers and helps them uncover better ways to move freight.

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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. Maybe you need to diversify your supplier network to cover any supplier closures or increased logistical/delivery costs.

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Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

Freightos

NOVEMBER 6, 2024

One of the key themes that emerged was the growing importance of data standards and integrations. But the volume of available digitalized data, and the number of tools, solutions and platforms that supply chain stakeholders are using (juggling?) The rate of tech adoption in logistics continues to grow. are growing too.

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Sourcing Strategies Logistics Network Optimization Software Optimization Software Digital 62

Log-hub

OCTOBER 1, 2024

3 min read Up to 15% cost savings and boosted service levels with data-driven inventory management tailored to users’ unique demand patterns. Log-hub is expanding its portfolio with the new Inventory Optimization App , a powerful tool designed to streamline inventory management while reducing costs.

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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.

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Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

WorkWave

NOVEMBER 12, 2024

Pests, whether rodents, insects, or other nuisances, continue to pose challenges to public health, food safety, and property maintenance, prompting a need for effective management strategies. IPM practices reduce reliance on reactive pesticide applications and align with government support, promoting sustainable methods.

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Trends Industry Cost Reduction Expense Reduction 103

Log-hub

DECEMBER 8, 2023

But since you’re here, this must be the question you are asking yourself, and we’ll try to dig deep into the topic, helping you overcome the transportation costs obstacles. We witnessed a significant increase in the transportation costs. Vehicle initiation costs have increased by 50% in year 2023.

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FreightWaves SONAR

APRIL 23, 2021

Gaining insight into FreightWaves SONAR emissions data presents multiple benefits for businesses. When companies lack visibility into emissions, preventable challenges arise that cost shippers revenue and affect the environment. Moreover, it cuts costs and lowers carbon emissions.

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Waste Reduction Cost Reduction Negotiating Skills Sourcing Strategies 52

WorkWave

JULY 12, 2024

Proper waste management is crucial for businesses of all sizes, not only to comply with regulations but also to minimize environmental impact and reduce costs. Inefficient waste management practices can lead to increased disposal costs, harm to the environment, and even damage to a company’s reputation.

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Freightos

NOVEMBER 15, 2023

More Resources Home November 15, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Freightos Air Index data shows China – N.

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Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 118

FreightWaves SONAR

MAY 18, 2021

Packaged food companies are raising prices to offset (at least a portion of) the rising costs. Request a SONAR Demo. Request a SONAR SCI Demo. The post [WHITE PAPER] Cold comfort: Food companies can benefit from using reefer data as their costs for freight (and everything else) rise appeared first on SONAR.

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Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 2% to $1.82/kg.

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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.

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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.

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Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

FreightWaves SONAR

SEPTEMBER 12, 2024

The Kickoff: Starting Strong Just like a great kickoff sets the tone for the game, having real-time data is crucial to start your shipping strategy on the right foot. Leverage SONAR’s 24-hour data in TRAC to make quick decisions on load acceptance, routing and pricing. Ready to make winning plays this season?

Price Reduction 52

Price Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 52

FreightWaves SONAR

SEPTEMBER 12, 2024

The Kickoff: Starting Strong Just like a great kickoff sets the tone for the game, having real-time data is crucial to start your shipping strategy on the right foot. Leverage SONAR’s 24-hour data in TRAC to make quick decisions on load acceptance, routing and pricing. Ready to make winning plays this season?

Price Reduction 52

Price Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 52

FreightWaves SONAR

FEBRUARY 24, 2021

The need to improve fleet asset utilization and to maintain better control over trucking costs is absolute. As explained by the Harvard Business Review , “consumers will continue to want low prices (especially in a recession), and firms won’t be able to charge more just because they manufacture in higher-cost home markets.

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FreightWaves SONAR

FEBRUARY 10, 2021

Many of the most beneficial tools come from the utilization of data and analytics. Data and analytics provide carriers with an incredible wealth of information that has proven to bolster revenue and profits. How carriers create data-driven pricing strategies. How carriers create data-driven pricing strategies.

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White Paper Optimization Software Data Price Reduction 98

WorkWave

JULY 11, 2024

A significant impact on reducing landfill contamination. This helps to prevent the accumulation of hazardous materials and reduces the risk of groundwater and soil contamination. Without adequate funding, it can be challenging to cover the initial costs and ongoing expenses associated with the waste management industry.

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Locus

MAY 25, 2022

Here are seven key strategies that they have used to make it happen. Consistently failIng to do so means definitely losing their confidence, which reduces your revenue, and a decline in profitability. Building omnichannel fulfillment capabilities lets you minimize delivery time, saving operational costs involved in home deliveries.

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FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages. Download the White Paper.

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Data Negotiating Skills Freight Resource Reduction 98

FreightWaves SONAR

FEBRUARY 4, 2021

Wasting resources and assets cost managers a pretty penny. Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. Waste matters in the shipping industry because every instance leads to higher freight costs. And it’s essential to understand why. .

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Waste Reduction Data Expense Reduction Cost Reduction 98

FreightWaves SONAR

DECEMBER 8, 2020

Therefore, enterprises need to know how to apply transportation data to increase on-time shipping performance. . Aggregate data from beyond the four walls of your business. Yet all benchmarking begins with access to the right supply chain data. Get your team on board with new strategies. Reduce dock delays.

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