This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The peak season definition is a continued evolution of the seasons in transportation. According to the data, nearly 38% of respondents said they were ensuring clients received enough inventory by shipping early in 2022; 25% were using alternative shipment routes; and almost 19% were contracting long-term slot agreements with carriers.”.
The abundant data sources can make the process of assessing the market more difficult than necessary. Shippers and carriers should make more definitive decisions in selecting their data sources. Because data sources matter to assess accurately and objectively the over the road trucking market. . Download the White Paper.
Being confused at this scenario, you go back and check the data. The data findings lead you to act quickly and solve this problem. Using data insights not only identifies problems like these, it also helps you set performance targets. Try a demo with Locus! Schedule Demo. Allocating tasks to the right person.
Some of the most common issues that arise from a lack of accurate transportation cost analysis and data tracking include the following: Inability to track data and respond to it in real-time. . Limited data sharing within the chain. Get started by requesting a FreightWaves SONAR demo via the button below today.
The action: prioritize carriers within the routing guide based on which are preferred for shipments, depending on origin/destination data. Boost the confidence of your network by developing a definitive, agile routing guide with the proper data-driven history. Request a SONAR Demo. Request a SONAR SCI Demo.
Using real-time data , freight managers can finally begin to recognize their opportunities for better business relationships. Disruption is, by definition, unplanned. Of course, that depends on securing shipping data insights well in advance of disruptions’ arrival. Rate data is subject to market conditions.
The free white paper, Ocean shippers trapped in house of pain , highlights data impacting the maritime market, from the FreightWaves’ SONAR platform, as well as information from many other sources. All data regarding ocean congestion and service issues underscores that these problems will not be alleviated any time soon.
It’s not technically a feature, since it’s more of an alternative configuration of the program, but it definitely deserves the spotlight since it gives the power of capacity management to freight agents, something that’s , unique amongst capacity management vendors. How Can Freight Agents Benefit from Parade?
In December 2021, McKinsey and Company reported on United States data saying, “Job openings have risen above pre-Covid-19 levels as the economy bounces back. Although Although its definition isn’t in any mainstream dictionary, CX refers to all interactions that impact a customer’s perception of a business.
The data suggest that ocean congestion and service issues are not likely to be alleviated near-term. domestic freight networks include: elevated imports keeping demand strong; congested intermodal terminals and poor service; and a heightened need for expedited and time-definite service to make up for ocean shipping delays. .
More Resources Home December 28, 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. China – N. Europe – N.
Firstly, let’s get a few definitions: What is inventory control? This keeps the data clean and easier to use for forecasting going forward. Look out for such trends in your historical demand data and adjust your forecasts accordingly. Schedule a Demo. Blog post originally published Aug 2015; updated Oct 2020.
Microsoft Teams demos can also be recorded and referred back to, in close up, for extra reassurance and guidance. The remote agile medium definitely makes it more manageable for staff and is a lot more practical and cost effective for us as a business than the traditional on-site approach. “The
Request Demo. Appointment times, pickup and/or delivery appointments, and other scheduling data can be set in the order management section of the TMS and transmitted via EDI, prior to offering a load to a carrier. Streamline Freight Tendering by Sharing Customer Data From the Moment of Ordering. close Close. August 25, 2020.
Take a moment to think about the definition of digital transformation in logistics. Part of that transformation means execution with real-time data and communicating any changes or needs in real-time. More excitingly, supply chains are only just beginning to implement the potential of real-time data.
The bad news is that the data suggests demand had dropped well below what carriers needed to maintain their operations with the available equipment. FMCSA data suggests aggregate capacity was still being added to the market through most of 2022. Sign up for a SONAR demo. The post What does the next freight cycle look like?
Consistently failIng to do so means definitely losing their confidence, which reduces your revenue, and a decline in profitability. Use data insights. The obvious answer is data. Data has occupied an inevitable space in the last-mile delivery planning and its strategic implementation. Try a demo with Locus now!
With rapid advancements in interconnectivity, such as the Internet of Things and the added advantage of instant data streaming, the freight industry has been devouring data technology as a whole and is getting a much-needed overhaul. As a data service, it can track and categorize every transaction through a products life-cycle.
The platform’s automated scheduling feature integrates driver and vehicle availability data into the routing engine, generating optimized delivery plans with minimal human intervention. Read Also: The definitive guide to logistics route optimization What’s Special About Locus? Schedule a demo with us today!
But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition. Determine the thresholds for splitting the data into A, B and C categories. How to Put your Data to Good Use. For more information on EazyStock or to book a demo , click here.
But first here’s a quick reminder of what ABC classification of inventory is: ABC Classification Definition. Determine the thresholds for splitting the data into A, B and C categories. How to Put your Data to Good Use. For more information on EazyStock or to book a demo , click here.
At times however, these judgments can be misleading because opinions that are not backed with data, and biases can play in for various reasons. These real-time execution data help them identify the inefficiencies in the dispatching process and eliminate them. Every data collected has an insight, story, and opportunity hidden in it.
Data security. If you want to harness, protect and leverage customer data for the upcoming deliveries, then working with an owned fleet is appropriate. This was a phased growth for Walmart that took its share of time, but is definitely paying off well. Try a demo with Locus now! Schedule Demo.
By leveraging data on real-time traffic, driver schedules, delivery priorities, and vehicle capacities, retail businesses can carve out the most efficient paths for their fleets. Read Also: The Definitive Guide to Logistics Route Optimization 4. This is where the magic of optimal routing comes into play.
In the tightly knit fabric of retail, a clear view of the supply chain’s inner workings is a definitive edge for business. Leverage AI for Streamlined Retail Logistics Operations In the past, retail logistics has been challenged by a lack of cohesion among operations, stakeholders, and data.
Read Also: The Definitive Guide To Logistics Route Optimization 2. He collects every ounce of data and expands on it to find out what more he could do as a player or team to win a game. Data is the quantitative mirror of how an organization or a team performed during a period.
By definition, a ‘one size fits all’ approach to calculating safety stock will deliver the right amount of inventory for some items, but too much or too little for others. Using this information and her sales data from last month, she can work out safety stock for each showerhead SKU: Shower head A: (630 x 1.5) – (582.50 x 1) = 362.50
All it took Billy Beane from Oakland A’s to break the myth that more money can win more games was data. Your business needs data that reflects on-ground reality to build cost-effective plans for the final mile, and the need for advanced supply chain analytics arises here! The answer is a definite “Yes”.
But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition. Determine the thresholds for splitting the data into A, B and C categories. How to Put your Data to Good Use. For more information on EazyStock or to book a demo , click here.
For others, they’re signs of elevated stress levels, which can definitely lead to eating way too many cookies. 2 Analyze Your Past Data and Compare It to Current Trends. Being aware of these vital data points will help you consistently improve your strategy year-over-year. Slice of cake. Fruitcake. #2
These robust data points shine a light on a prevalent challenge: a number of businesses still grapple with delivering customer experiences that are consistently delightful or even passably satisfactory. In this light, businesses that merge efficiency with sustainability are set to win big in the market!
By integrating TMS into their operations, retailers can not only improve efficiency but also drive innovation and make data-informed decisions that enhance their overall supply chain strategy. Slot Based Delivery: Legacy TMS can’t provide time-definite delivery options that gel well with the existing capacity and their routes.
Read Also: Logistics Route Planner: A Definitive Guide 2. This delay in sharing critical data and real-time updates introduces a layer of complexity, particularly when dealing with long-distance coordination, especially in the realm of cross-border logistics. So, why not let Locus be your partner in conquering the middle mile?
If you’re getting continuous WISMO (Where Is My Order) calls in this manner, it is definitely bad news. Data insights + Machine Learning = Increased ability to predict SLA breaches. Last-mile visibility helps you generate comprehensive data insights on your current and past deliveries. Schedule a Demo. Source: [link].
A thorough analysis of gameplay data illuminates areas needing enhancement, allowing teams to refine their approach and implement revitalized strategies during those crucial moments. Read Also: The Definitive Guide To Logistics Route Optimization 3. Want to turn your last-minute delivery challenges into triumphs?
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content