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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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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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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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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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.

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FreightWaves SONAR

MAY 7, 2024

Centralization and Standardization These platforms centralize procurement tasks, reducing the reliance on multiple spreadsheets and allowing for a more organized approach to managing bids. This not only makes the process more efficient, but also reduces the likelihood of errors and enhances productivity.

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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.

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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

APRIL 1, 2021

Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. LTL shipping rates would historically depend on freight class and the cost per hundredweight .

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WorkWave

JUNE 10, 2024

Calculating overhead costs in field service is an essential aspect of running a successful business. By accurately calculating overhead costs, field service businesses can ensure they are pricing their services competitively and making informed decisions about their operations. What are overhead costs?

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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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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. Use SONAR’s market analytics to identify trends, predict demand surges and protect your supply chain from disruptions. Ready to make winning plays this season?

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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. Use SONAR’s market analytics to identify trends, predict demand surges and protect your supply chain from disruptions. Ready to make winning plays this season?

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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. The same was true for Asia – N.

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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.

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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.

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Locus

AUGUST 13, 2024

In addition to this increase, there’s an emerging trend of converting retail spaces into mini warehouses. This ensures quick, accurate, and efficient sorting, eliminating sorting mistakes. Integrated Load Formation Locus’s platform assigns orders to suitable pallets or trucks, optimizing for volume and cost efficiency.

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WorkWave

JUNE 27, 2024

According to the American Trucking Association, the industry faced a shortage of over 80,000 drivers in 2021, projected to grow to 160,000 by 2030 if current trends continue. Addressing this shortage is vital for maintaining efficient operations, controlling costs and ensuring customer satisfaction.

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RPA Labs

JUNE 22, 2021

Technology provides transportation service providers with a significant advantage when dealing with changing consumer trends and volatile markets. Automation Frees Team Members for More Personalized Tasks and Reduces Operational Costs. Replaces routine data entry and mundane manual tasks in favor of automated processes.

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Ship Monk

SEPTEMBER 19, 2022

Back then you didn’t need to know about holding costs because Mom and Dad let you store your inventory for free. It wasn’t until your business took off and they kicked you out that you began incurring holding costs a.k.a. carrying costs, and needed to learn what those are. So what exactly is holding cost?

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Locus

AUGUST 2, 2022

Being a retailer, the ultimate question on your mind would be, “How to deliver goods quickly and seamlessly while minimizing costs?”. Some emerging trends around last-mile delivery fulfillment models. From traditional retailers to restaurants and groceries, many are using this model to cut down on their delivery times and costs.

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Shipchain

FEBRUARY 26, 2019

According to EFT’s Supply Chain Hot Trends to Watch for in 2019 , one of the most significant trends that we should be paying attention to this year is automation. Judging by the speed with which the industry embraces new technological trends, there will undoubtedly be some obstacles to overcome before it becomes prevalent.

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WorkWave

MAY 30, 2024

From selecting the right suppliers to fostering strong partnerships, this guide will provide valuable insights and strategies for field service organizations looking to enhance their supplier relationships. This leads to cost savings, increased productivity, and improved overall business performance. Get Started With ServMan Software!

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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. Companies that can accurately predict market volatility trends, using indices with reefer data analytics , can ensure that they remain prepared in the event of replenishment issues.

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Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

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Freightos

OCTOBER 15, 2024

More Resources Home October 15, 2024 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.

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WorkWave

OCTOBER 17, 2024

Include data on industry trends, growth projections and customer demand. better customer service, faster delivery times, or lower costs). Marketing and Sales Strategy Once your business is up and running, how will you attract and retain customers? through 2027. Target Audience : Who are your customers? Research is key here.

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WorkWave

JUNE 17, 2024

Generating more leads is a key strategy for increasing revenue, expanding market reach, and establishing a strong reputation in the industry. Digital marketing has emerged as an essential strategy to effectively promote products and services online. Email marketing is an effective pest control lead generation strategy.

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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.

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WorkWave

AUGUST 22, 2024

In this article, we will explore 11 proven sales strategies that can help you increase your flower shop sales and cultivate lasting relationships with your clients. Explore Different Suppliers Shopping around for flowers and supplies is crucial for any florist aiming to optimize cost efficiency. Table of Contents [Open] [Close] 1.

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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. Seeing the long-term trends over time provides shippers with more options and a better understanding of density.

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Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

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FreightWaves SONAR

SEPTEMBER 5, 2024

The Logistics Managers Index (LMI) is an important barometer for understanding the trends and dynamics within the logistics industry. The LMI, therefore, not only serves as a snapshot of current conditions, but also offers predictive power for future trends in the logistics sector.

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FreightWaves SONAR

SEPTEMBER 5, 2024

The Logistics Managers Index (LMI) is an important barometer for understanding the trends and dynamics within the logistics industry. The LMI, therefore, not only serves as a snapshot of current conditions, but also offers predictive power for future trends in the logistics sector.

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Freightos

DECEMBER 6, 2023

More Resources Home December 6, 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 show that China – N.

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FreightWaves SONAR

APRIL 15, 2021

Aside from the implementation of automated technology and digital tools, one of the most significant shifts in the shipping and transportation industry focuses on reduced emissions. Why are more and more shippers and carriers working to reduce pollution and lower emissions? But what do they mean for the supply chain network of today?

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Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. Creating graphs and pie charts out of your numerical data can make it easier to spot trends and gain insights.

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