FreightWaves SONAR

MAY 23, 2024

SONAR tender data and TRAC (Trusted Rate Assessment Consortium) spot rates can really set you apart from the competition when talking to your customers. All of these indices contain data as far back as 2018, enabling you to see daily changes as well as historical yearly patterns and trends. The post Where Is the Freight?

Freight 52

Freight Outbound Negotiating Skills Data 52

FreightWaves SONAR

FEBRUARY 9, 2021

However, looking beyond the short-term and consider freight lane -specific data can go a long way to optimizing asset allocation and avoiding these risks. Headhaul indices provide insight into the balance of inbound and outbound freight Asset allocation remains a top-of-mind subject for carriers and asset-based freight brokers alike.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

FEBRUARY 9, 2021

However, looking beyond the short-term and consider freight lane -specific data can go a long way to optimizing asset allocation and avoiding these risks. Headhaul indices provide insight into the balance of inbound and outbound freight Asset allocation remains a top-of-mind subject for carriers and asset-based freight brokers alike.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

MARCH 29, 2021

Of course, that is all subjective and again dependent on market stability within individual locations in origin/destination pairings. The action: prioritize carriers within the routing guide based on which are preferred for shipments, depending on origin/destination data. Request a SONAR Demo. Request a SONAR SCI Demo.

Supply Chain Software 95

Supply Chain Software Resource Reduction Document Demo 95

Logistics Bureau

MARCH 3, 2019

Of course, it would be possible to write an entire book on this particular subject, so for the sake of keeping this article relatively brief, I’ll stick to a short explanation of crucial factors to consider when planning a warehouse network (even if it is a network of one). Outbound Logistics: Keeping Customers Satisfied.

Supply Chain Design Software 114

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 114

Logistics Problem Solving

JUNE 2, 2017

This includes both outbound and inbound freight. Stale, Incomplete Data Is a Problem in Problem Solving. Usually it’s the data. 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.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Resource Reduction Cost Reduction Logistics 75

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Distribution Networks 111

FreightWaves SONAR

APRIL 29, 2021

Using SONAR data in contract negotiations with carriers and 3PLs. . Of course, during that same period, many retailers performed extremely well. In addition, SONAR data could be used by retailers for strategic and longer-term decision-making, such as deciding where to locate warehouses and fulfillment centers. .

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

GlobalTranz

JULY 6, 2017

Control Both Inbound and Outbound Freight Effectively. Warehouses must effectively manage inbound and outbound freight concurrently. Visibility in your warehouse requires dedicated asset tracking, data collection, analysis and application, and continuous improvement across all employees and operations. What’s Next?

Optimization Software 69

Optimization Software Vendor Strategies Tips Distribution 69

GlobalTranz

DECEMBER 15, 2014

You can benefit from automated packing and shipping processes, such as the use of a transportation management system , for a more efficient outcome and flow around the warehouse on the outbound side of getting out product to your customer. The Importance of Real Time Data and Visibility in Technology Mirrors GEMBA and KANBAN Philosophies .

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 100

GlobalTranz

MARCH 13, 2015

There are plenty of different shipping companies out there, and using a transportation management system to manage all inbound and outbound shipping needs will put those shippers who use one at an extreme competitive advantage. Have Easy to Analyze Actionable Insight Gleaned from the Data Created in the Transportation Management System.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

Logistics Bureau

JULY 11, 2022

You should be able to realistically track these three KPIs , whether your procurement or inbound logistics functions use sophisticated analytics software or visualise data via less advanced means. This measurement will require data from the purchase orders placed by your buyers, and that from your receiving operation. ASN Accuracy.

Procurement Analytics 90

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 90

GlobalTranz

MAY 31, 2018

Only those people who have duly completed the advanced traffic management course or its equivalent should write it. Describe the Outbound Transportation This description covers the movement of an outbound load from the company premises/warehouse to the customer’s destination. Download White Paper.

Tips 65

Tips Transportation Outbound Vendor Strategies 65

Logistics Viewpoints

MAY 24, 2021

is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for healthcare facilities. Across their inbound and outbound supply chains the goods are transported by air, ocean, rail, truckload, less-than-truckload, parcel, and even couriers.

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Software 87

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Along with the design of supply chain strategy, the design of the supply chain itself, especially the part dealing with outbound distribution from plants or warehouses, is instrumental in the success or failure of businesses. .

Supply Chain Design Software 133

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 133

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. Manufacturers need to set a base level using internal data and then measure the percentage change up or down against time.

Manufacturing Procurement 105

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

GlobalTranz

FEBRUARY 25, 2021

Like traditional outbound logistics, return logistics requires the careful planning of pick-ups and deliveries of products, however, the involvement of end-consumers in the process creates additional complexities. Besides, failure of managing return logistics of such things may lead to an increased risk of exposing personal or company data.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Manufacturing Procurement 84

FreightWaves SONAR

MARCH 18, 2021

So, it’s equally valuable to know the constraints and to apply data to overcome them with mini-bids. And lane-by-lane insights are critical to account for that disruption among raw material suppliers and the flow of outbound freight. It is what sets manufacturing supply chain companies apart. Download the White Paper.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

Logistics Bureau

JULY 18, 2022

Once you have gathered the data relating to your customers’ needs, you should be able to see if a single logistics strategy will work for your entire customer base, or whether you need to take a segmented approach. Then, you can analyse your current supply chain capabilities using the research results and your data concerning customer needs.

Inventory Reduction 118

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 118

Logistics Viewpoints

FEBRUARY 8, 2022

For most companies, margins only declined further in 2021, as product shortages and transportation roadblocks forced all supply chain participants to make critical decisions on the fly, acting without complete information or hard data. Often these solutions execute a seamless, autonomous response based on pre-defined objectives.

Optimal Sourcing 133

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 133

Ship Monk

OCTOBER 17, 2022

Do they have strong software and IT capabilities for managing mass supply chain data? The risk that comes with that, of course, is what can happen to your “baby” if you completely entrust its growth and care to someone else. More “old school” 3PLs may rely on manual data pushes from their accounts.

eCommerce 110

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 110

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. Outbound transportation. It can of course also be used to make an already profitable relationship even more profitable!

Purchasing Skills 105

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 105

FreightWaves SONAR

APRIL 27, 2021

What’s also clear from analyzing shipment data is that many of the largest consumer goods shippers have already converted the most obvious applicable shipments to intermodal. Those factors, of course, serve as limitations to converting truckloads into intermodal units. . That data excludes refrigerated and specialized loads.

Picking 52

Picking Purchasing Skills Sourcing Strategies Outbound 52

Ship Monk

MARCH 5, 2024

Add to that, the advantage of data available through a sophisticated 3PL platform is as relevant to ecommerce business growth as a good pair of running shoes is to a track star. A 3PL platform that provides access to all these in one place with a user-friendly interface allows businesses to save time and headspace. And so on and so on.

eCommerce 105

eCommerce Supply Chain Design Software Supply Chain Planning Software Optimization Software 105

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.”

Supply Chain Design Software 115

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

GlobalTranz

SEPTEMBER 11, 2015

In the second post we covered the first 3 areas: Data Capture, Knowledge of Carrier's Business, and Organization. Furthermore, when a shipper manages the inbound shipments, as well as the outbound, it can improve the relationship between client and shipper. In the last post of the series we will cover the final areas.

Material Savings 94

Material Savings Cost Reduction Freight Resource Reduction 94

GlobalTranz

MAY 4, 2017

The volume of data generated by the Internet of Things (IoT) and an increasingly data-driven society is difficult to imagine, explains Manufacturing Business Technology magazine. Now, consider that volume of data, analyzing it and leveraging it across millions of SKUs and operations in manufacturing.

Supply Chain Design Software 56

Supply Chain Design Software Optimization Software Supply Chain Software Outsourcing 56

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. Along with the design of supply chain strategy, the design of the supply chain itself, especially the part dealing with outbound distribution from plants or warehouses, is instrumental in the success or failure of businesses.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

GlobalTranz

AUGUST 31, 2018

The emergence of cloud-based platforms and Big Data increases forecast accuracy, eliminates unnecessary stock, and achieves truly optimized slotting designs. Big Data can analyze picking performance and identify best practices to increase performance, effectively reducing the amount of on-hand inventory needed at any given time.

Supply Chain Design Software 48

Supply Chain Design Software Optimization Software Modeling Software Supply Chain Software 48

Logistics Bureau

DECEMBER 6, 2024

In addition, returns typically cost more to handle than outbound shipments – 3 to 4 times more for traditional retail companies, for example. Hidden Opportunities for Supply Chain Cost Reductions Of course hidden costs, if you can find them, mean hidden opportunities. Some industries experience more returns than others.

Reverse logistics 66

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 66

Automotive Logistics

JANUARY 16, 2018

KN regards the joint venture an important step in its digitalisation strategy, with key areas of interest being big data and predictive analytics, artificial intelligence, blockchain and robotics. The JV’s name will be announced in due course, a KN spokesperson told Automotive Logistics.

Logistics Network Optimization Software 34

Logistics Network Optimization Software Modeling Software Supply Chain Software Reverse logistics 34

FreightWaves SONAR

SEPTEMBER 28, 2023

Inventory correction Early in the course of this shift to the East, industry experts pointed to inventory offloading as a potential contributing factor. “The trend is more important than the current value in this situation,” Strickland continued. It takes time for carriers to adjust to new freight patterns.

Inventory Reduction 59

Inventory Reduction Freight Cost Reduction Manufacturing Procurement 59

Shipping and Freight Resource

JULY 4, 2022

Department of Transportation’s Bureau of Transportation Statistics to collect data on berthing and cargo practices at U.S. But if we look a closer look at the volumes, the increase in outbound empty volumes corresponds to the increase in import full volumes as carriers are forced to move out more and more of the empties.

Handling 85

Handling Supply Chain Software Supply Chain Design Supply Chains 85

Logistics Bureau

DECEMBER 22, 2024

Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors. Instead, its merely a common-sense guide to those supply chain KPIs that can best provide actionable data for general management purposes.

Supply Chains 53

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 53

Logistics Bureau

DECEMBER 7, 2024

However, it corresponds to the amount of money you need to keep your supply chain working, so in reality, you want to decrease it without hurting supply chain performance, of course. If you seriously wish to target cycle times for working capital reduction, you need to minimise the effort involved in transmitting and receiving data.

Material Savings 74

Material Savings Inventory Reduction Cost Reduction Vendor Strategies 74

Logistics Business Magazine

JUNE 26, 2020

This of course includes Europe and the UK, where the number of companies understanding the productive power and cost efficiency of these platforms is ramping up. The AMRs produce standardised data, free from human error to feed AI and big data technology. Hikrobot’s first UK application is at Superdry.

Logistics Network Optimization Software 61

Logistics Network Optimization Software Material Savings Materials Handling Cost Reduction 61

FreightWaves SONAR

SEPTEMBER 28, 2023

Inventory correction Early in the course of this shift to the East, industry experts pointed to inventory offloading as a potential contributing factor. “The trend is more important than the current value in this situation,” Strickland continued. It takes time for carriers to adjust to new freight patterns.

Inventory Reduction 52

Inventory Reduction Freight Cost Reduction Manufacturing Procurement 52