FreightWaves SONAR

JANUARY 28, 2021

Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Strong and versatile logistics strategies depend on this data. Download the White Paper.

Waste Reduction 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

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.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

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.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

The Logistics of Logistics

JANUARY 13, 2023

Amplio helps you meet your production goals by removing procurement roadblocks – the software assesses your BOMs’ sourcing risk, locates inventory for you, and recommends optimal purchasing strategy so that you get the components you need at the best price. Schedule an Amplio Demo. Key Takeaways: The Amplio Story.

Manufacturing Procurement 276

Manufacturing Procurement Optimal Sourcing Procurement Solutions Purchasing Skills 276

The Logistics of Logistics

JUNE 23, 2022

As a result, shipping costs will undermine any potential gains. Would it not be simpler to access capacity that can scale while keeping tabs on the total costs more easily? Even if fuel costs were to decline, the peak season shipping surcharges would always reflect an average over the recent weeks. According to the U.S.

Supply Chain Planning Software 359

Supply Chain Planning Software Scenario Planning Cost Reduction Material Savings 359

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.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

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.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

The Logistics of Logistics

OCTOBER 22, 2024

Aligning TMS with CRM functionality on a common platform empowers customers to increase sales velocity, improve customer and carrier service delivery, increase margins while lowering operational costs. The Revenova TMS is designed to be customizable and integrate with other applications, which improves efficiency and reduces costs.

Logistics Network Optimization Software 263

Logistics Network Optimization Software 3PL Cost Reduction Security 263

Locus

MARCH 27, 2024

But here’s the kicker for retailers: amidst all this chaos, they’ve got to keep their delivery costs lean without compromising on giving customers a smooth and enjoyable experience. This situation demands not just managing costs but also turning the returns process into a positive touchpoint with customers.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

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.”

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. This delicate balance aims to achieve two vital objectives: maximizing sales while minimizing costs. This equates to more profits in the pocket.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Waste Reduction 52

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. Get started with a demo of Trinity's TMS. Freight Accruals Cost Allocation Carrier Scorecard Least Cost Carriers Power Lanes. COST ALLOCATION.

Cost Reduction 77

Cost Reduction Negotiating Skills Expense Reduction Logistics Network Optimization Software 77

Locus

NOVEMBER 28, 2023

Better product handling should be done to reduce this issue. The Cost of Returns: Returns will cost companies monetarily and brand value. High operational costs: Returns necessitate additional operational processes which incur costs. More time on the road means more fuel consumption, leading to increased costs.

Cost Reduction 52

Cost Reduction Inventory Reduction Strategy Optimization Software 52

The Logistics of Logistics

MARCH 18, 2022

SourceDay automates PO line changes which eliminates manual work with email, spreadsheets, phone calls and text messages. As a result, companies can reduce late shipments, inventory carrying costs, pricing discrepancies, and out of stock issues. SourceDay Demo Video. Learn More About The SourceDay Story.

Supply Chain Software 195

Supply Chain Software Manufacturing Procurement Procurement Solutions Optimal Sourcing 195

The Logistics of Logistics

SEPTEMBER 8, 2022

Benefits include improved quality, reduced training time and training resource costs, increased speed to efficiency, and an overall improvement in the key metrics that matter most to clients. Symtrain Demo with Melanie Flores. Learn More About The Symtrain Story. Dan’s LinkedIn. Symtraim LinkedIn.

Logistics Network Optimization Software 292

Logistics Network Optimization Software Buyer Training Training Resource Reduction 292

FreightWaves SONAR

JANUARY 19, 2021

Operational trucking charges and costs are nothing new. To that end, here are the top steps for carriers to get more from their fleets and proactively manage operational trucking costs. Unify pricing strategies with freight forecasting tools The final step to getting more from your fleet requires freight forecasting tools.

Cost Reduction 98

Cost Reduction Supply Chain Planning Software Optimization Software Trucking 98

FreightWaves SONAR

MARCH 2, 2021

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU.

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133

Shipchain

MAY 29, 2019

Blockchain’s tamper-proof nature eliminates any concerns over data validation, costs of managing data, time delays, and human errors. Transparency in data quality eliminates misconceptions and uncertainty. Reduced human errors have a two-sided benefit on efficiency. Support processes become seamless through blockchain.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chains Vendor Strategies Cost Reduction 126

Locus

OCTOBER 12, 2023

Let’s take a look at recent example of how the strategies employed by the Indian Cricket Team during their face-off against Australia in the 2023 World Cup resonate seamlessly with the principles of optimal last-mile delivery: 1. But the gravest cost? They synchronized their strategies, adjusting to the game’s rhythm.

Expense Reduction 64

Expense Reduction Cost Reduction Resource Reduction Strategy 64

FreightWaves SONAR

MARCH 24, 2021

The cost differential between dry van truckload and intermodal contract rates expanded to multiyear highs over the winter as trucking costs expanded much more rapidly than the intermodal freight counterpart. The cost differential expanded to 22.7% in December. Intermodal shipping is dominated by the largest shippers in the U.S.

Cost Reduction 85

Cost Reduction Inventory Reduction Freight Sourcing Strategies 85

FreightWaves SONAR

MARCH 4, 2021

Truckload freight and transportation costs make up a large part of most logistical spending for shipping companies across the country. With surges in fuel costs and new fees, taxes and expenses levied on every load, budgeting needs only continue to increase. All of these challenges potentially create waste in your supply chain.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

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?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Ordering 52

The Logistics of Logistics

DECEMBER 15, 2022

Using VRS helps reduce fuel costs, improve operational efficiency and increase delivery speed. Schedule a OneRail demo to see how our platform tailors a solution for your specific supply chain workflow needs. These include delivery windows, number of delivery stops on a specific route, delivery pricing, etc.

Gartner 195

Gartner Optimization Software Logistics Network Optimization Software Supply Chain Software 195

TransAudit

DECEMBER 14, 2022

Learning more about fuel costs and shipping will give you a better understanding of what’s going on and equip you with some strategies to help. How Fuel Costs Raise Shipping Prices. The fuel for getting goods from place to place costs money. The more fuel costs, the more expensive it is to ship items. New Routes.

Cost Reduction 72

Cost Reduction Purchasing Skills Price Reduction Expense Reduction 72

FreightWaves SONAR

FEBRUARY 5, 2021

(Graphics created by Emily Ricks) Carriers frequently find themselves frustrated when costs eat away at their profits and they have limited pricing visibility. Financial losses or declining profitability certainly make cost-cutting a priority. Financial losses or declining profitability certainly make cost-cutting a priority.

Expense Reduction 105

Expense Reduction Cost Reduction Price Reduction Waste Reduction 105

Freightos

NOVEMBER 15, 2023

Judah Levine November 15, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 6% to $1,711/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU.

Price Reduction 118

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 118

The Logistics of Logistics

AUGUST 17, 2022

To succeed in the transportation and logistics business, 3PLs need to be able to hire and retain the very best talent while keeping a lid on costs. The Lean approach is a low cost, low risk, low hassle, and they handle the entire process with their account managers. Symtraim Demo. About Melanie Flores . Nick’s LinkedIn.

Logistics Network Optimization Software 291

Logistics Network Optimization Software Supply Chain Design Software Buyer Training Training 291

FreightWaves SONAR

MARCH 23, 2021

Essentially, this means that all the costs associated with shipping come into play without any of the income-producing benefits of shipping. These tools assist in the reduction of unnecessary delays in freight management , as well as providing a more user-friendly interface. Request a SONAR Demo. Request a SONAR SCI Demo.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates. The regression in pricing wasn’t just due to lower demand.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 127

FreightWaves SONAR

APRIL 7, 2021

USA, VOTRI.USA, TSTOPVRPM.USA Truckload carriers have continued to struggle to provide consistent coverage through the first quarter of 2021, and in return costs have increased. The traditional strategy of relying on leverage will probably not work as well this year. Request a demo by clicking the buttons below.

Negotiating Skills 98

Negotiating Skills Compliance Cost Reduction Trucking 98

FreightWaves SONAR

APRIL 13, 2021

Moreover, Supply & Demand Chain Executive explains , “Developing a point-of-departure strategy for partial and LTL shipments can give small and medium-size businesses delivery costs comparable to the mega shippers. Reduce confusion in benchmarking and tracking performance. Request a SONAR Demo.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

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.

White Paper 90

White Paper Data Cost Reduction Price Reduction 90

WorkWave

MARCH 26, 2024

Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction. Efficiency and Cost-Effectiveness Efficient delivery route planning not only benefits customers but also contributes to the company’s bottom line. Start Using RouteManager!

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

FreightWaves SONAR

MARCH 26, 2021

Lower total transportation cost. These include: Risk of higher freight spend through waiting costs. Higher infrastructure and equipment cost. Inability to compare costs of intermodal versus truckload. Request a SONAR Demo. Request a SONAR SCI Demo. Increased overall safety during transport.

Freight 97

Freight Cost Reduction Demo Tracking and Tracing 97

Freightos

DECEMBER 3, 2024

Recent research across 50+ procurement professionals found them most concerned with the impact of external factors on operations, with rising costs ( 55% ), geopolitical disruptions ( 45% ) and capacity constraints ( 38% ) at the top concerns.

Optimal Sourcing 113

Optimal Sourcing Procurement Logistics Network Optimization Software Price Reduction 113