The Logistics of Logistics

JUNE 23, 2022

In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise. Yes, all parties have metrics and KPIs that help them know when to switch carriers or where to throttle ordering, but that’s not acceptable to customers.

Supply Chain Planning Software 355

Supply Chain Planning Software Scenario Planning Cost Reduction Material Savings 355

FreightWaves SONAR

MARCH 8, 2021

COVID-19 has also accelerated technological adoption by an order of magnitude. 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. The challenge with lagging data in logistics.

Sourcing Strategies 98

Sourcing Strategies Optimal Sourcing Sourcing Data 98

FreightWaves SONAR

NOVEMBER 24, 2020

Successful supply chain management depends on the ability to collect data and apply it accordingly. As explained by Grainger , “In today’s global economy, technology trends like the Internet of Things (IoT) and Big Data have become an indispensable part of everyday business. And major companies have taken notice.

Data 90

Data Freight Supply Chain Software Inventory Reduction 90

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.

Demo 52

Demo Supply Chain Design Software Freight Cost Reduction 52

Locus

JUNE 16, 2023

Among these, clothing retailers had the highest percentage, with 88% of consumers opting to return their orders. These high costs, coupled with a steep increase in the volume of last-mile orders, underscore the need for reducing delivery costs to adapt to consumer demand shifts and safeguard profit margins.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

FreightWaves SONAR

MARCH 15, 2021

According to Supply Chain 24/7 , “ In the industry right now, there are 10 orders to ship for every available truck; however, a large portion of private fleets are running their assets with a significant amount of empty backhaul miles. Poor data analytics cause disruptions. and it can all quickly add up. Download the White Paper.

Optimal Sourcing 72

Optimal Sourcing Procurement Negotiating Skills Capacity 72

WorkWave

APRIL 17, 2024

To address the challenge of providing selective access to order information, RouteManager is proud to introduce its innovative Filtered Guest feature. Understanding the Need Many RouteManager customers serve various clients and companies, each with unique order requirements. What Are the Benefits?

Collaboration 105

Collaboration Resource Reduction Cost Reduction Logistics Network Optimization Software 105

Logistics Viewpoints

SEPTEMBER 25, 2023

At last year’s CloudWorld, Oracle presented their vision for transforming the healthcare industry by applying AI to vast amounts of anonymized patient record data. Many retailers have implemented complex distributed order management solutions in long, costly implementations to support new last mile capabilities.

Supply Chain Software 140

Supply Chain Software Food and Agriculture Logistics Network Optimization Software Inventory Reduction 140

FreightWaves SONAR

DECEMBER 28, 2020

Regional Carriers – Sometimes it is more affordable and more practical to break local orders into separate shipping lanes with a regional coverage component. Niche Providers – Sometimes orders are so unique that no plan or protocol already exists. Request a SONAR Demo. How trucking carriers and RFPs fit together.

Waste Reduction 105

Waste Reduction Trucking Cost Reduction White Paper 105

FreightWaves SONAR

APRIL 16, 2024

(Graphics created by Emily Ricks) There are ample opportunities to take advantage of spot versus contract freight data insights. Consider this; as reported by Louis Columbus of Forbes , “Machine learning algorithms and the apps running them are capable of analyzing large, diverse data sets fast, improving demand forecasting accuracy.”

Purchasing Skills 52

Purchasing Skills Optimal Sourcing Sourcing Data 52

FreightWaves SONAR

DECEMBER 1, 2020

The modern supply chain rests on a mountain of shipping data. However, the applications of real-time freight data remain disparate and lack value. The fill rate is a full measure of the volume of orders shipped over a given duration. This KPI is a measure of all costs associated with order fulfillment versus profitability.

Purchasing Skills 100

Purchasing Skills Freight Procurement Analytics Optimal Sourcing 100

FreightWaves SONAR

OCTOBER 1, 2021

It’s also possible that SONAR subscribers are the same companies that buy all available freight data (so you could also say that Brand X’s customers also outperform). To name just a few broad use cases: Freight brokers use SONAR to understand local freight markets inside and out in order to maximize volume and margins.

White Paper 105

White Paper Negotiating Skills Demo Freight 105

FreightWaves SONAR

APRIL 6, 2021

LTL freight shipping enjoys flexible rates because shippers can track multiple orders to reach a TL, so each partial load may not have high transportation trucking rates. Increase data-driven decision-making with freight forecasting. Automation and smart data make it all possible. . Request a SONAR Demo.

Capacity 90

Capacity Freight Supply Chain Software Supply Chain Planning Software 90

FreightWaves SONAR

DECEMBER 15, 2020

And while leveraging a freight rate index or ocean import data to lower detention risk , the sheer size of the supply chain makes management difficult at best. And depending on the size of your supply chain, filling a single order could result in a compounding series of actions that go back to the supplier itself. Request a SONAR Demo.

Scenario Planning 105

Scenario Planning Freight Supply Chain Planning Software Supply Chain Software 105

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.

Sourcing Strategies 62

Sourcing Strategies Logistics Network Optimization Software Optimization Software Digital 62

Ship Monk

FEBRUARY 9, 2024

As the holiday shopping season reaches its peak, ecommerce business owners everywhere are crossing their fingers, hoping they have enough product in stock and that they didn’t order too much. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

FreightWaves SONAR

FEBRUARY 2, 2021

Apply big data through advanced analytics to understand current load rates, including predictive modeling of future rates. Big data remains essential now during this recovery phase aimed at improving carrier operations. Carrier and trucking network performance hinge on collecting and practically applying data.

Tips 98

Tips Waste Reduction Cost Reduction Operations 98

WorkWave

NOVEMBER 6, 2023

Time To Read: 3 minutes In today’s fast-paced business world, order management is a critical component of success. The efficiency and accuracy of order management can make or break a company’s reputation and bottom line. What Is Order Management? Order Processing: After capturing the order, it needs to be processed.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Ordering 52

Ship Monk

MARCH 21, 2024

Customer relationship management systems collect and centralize all the important data about a business’ customers (and potential customers). This data usually includes the customer’s contact information, address, purchase history, social media engagement, email click-throughs, and dozens of other data points as they become available.

Optimization Software 105

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 105

FreightWaves SONAR

AUGUST 22, 2024

Loaded domestic intermodal volume from LA to Chicago: Door-to-door intermodal spot rates to move 53’ containers, including fuel and any other surcharges: Whenever I discuss intermodal spot rates, I use the caveats that a small minority of loads move on the spot market, and it’s not clear from our data how much volume moves at those rates.

Data 105

Data Capacity Demo Freight 105

FreightWaves SONAR

DECEMBER 22, 2020

Relying solely on manual shipping data analysis continues to yield poor results. The old ways of recording, processing and responding to analytical data need a streamlined approach. Analytics help companies make data-driven decisions to find the most lucrative loads It’s important to recognize a core problem among logisticians today.

Logistics Network Optimization Software 105

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 105

FreightWaves SONAR

AUGUST 13, 2021

Truck production tends to be easier to get data on (there are only four major Class 8 OEMs in North America) and they regularly publish data. So we can see how new truck orders are trending. One note of caution is that new truck orders tend to be a lagging indicator and largely driven by the health of trucking spot rates.

Manufacturing Procurement 98

Manufacturing Procurement Trucking Purchasing Skills Ordering 98

FreightWaves SONAR

NOVEMBER 10, 2020

Each day, every truck and potentially every order can experience delays and issues of some kind. Faster response to customer inquiries and concerns by leveraging quick real-time freight data allows shipping managers to fill orders and delivery slots. Request a SONAR Demo. Most lucrative loads.

Supply Chain Software 104

Supply Chain Software Supply Chain Planning Software Automation Freight 104

FreightWaves SONAR

JANUARY 4, 2021

Improving dock efficiency times ensures drivers can get in and out quickly, which reduces delays in order fulfillment and transportation. Respond to issues, deviations and problems with data. Apply these shipper of choice tips to increase eligibility for this status with freight data at your fingertips. Request a SONAR Demo.

Tips 111

Tips Security Capacity Supply Chain Software 111

EazyStock

JUNE 23, 2022

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Unstructured data isn’t as accessible to search or export and is often text-heavy.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

FreightWaves SONAR

MARCH 26, 2021

A tactical supply chain relies on data and facts to guide all activities. That includes onboarding new lanes, expanding into new order fulfillment centers, considering the overall needs of fleet management and recognizing when existing operations fall short. Request a SONAR Demo. Request a SONAR SCI Demo.

Freight 97

Freight Cost Reduction Demo Tracking and Tracing 97

Freightos

JULY 30, 2024

More Resources Home July 30, 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. China – N. Europe – N. America or N.

Price Reduction 118

Price Reduction Supply Chain Software Data Freight 118

FreightWaves SONAR

FEBRUARY 11, 2021

Instead of wasting resources to guess at which lanes and shippers meet minimum load requirements, capturing real-time freight data helps carriers identify their top performers, review eligibility for shipper-of-choice status and ensure everything runs more smoothly. Request a FreightWaves SONAR demo to get started.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

Freightos

AUGUST 27, 2024

More Resources Home August 27, 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. America weekly prices increased 1% to $1.66/kg.

Negotiating Skills 106

Negotiating Skills Price Reduction Data Cargo 106

Logistics Viewpoints

OCTOBER 24, 2024

At one of the demo booths, what stood out was the ability of the procurement solution to track savings leakage over the course of a contract. SCCN solutions allow trading partners to collaborate across defined trading partner processes based on a common data model. And the supplier might reply, “I only agreed to ship 800.”

SAP 136

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 136

FreightWaves SONAR

MARCH 2, 2021

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. Inability to secure profitable loads and orders. Ongoing wasted resources.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

FreightWaves SONAR

NOVEMBER 12, 2020

Without the speed and accuracy of automated systems, such as to provide automated truckload freight quotes , even the best freight brokers are often left waiting for communications and follow-ups, and then making decisions based on outdated data. Real-time data is always best when it comes to intervening and addressing issues that arise.

Supply Chain Software 98

Supply Chain Software Optimization Software Logistics Network Optimization Software Freight 98

FreightWaves SONAR

SEPTEMBER 1, 2021

This meant FEMA had to pay higher rates for carriers to forego high-paying long-haul opportunities in order to position themselves in areas affected by the storm. The SONAR data platform offers the fastest and deepest set of freight market data on the planet. Request a SONAR Demo. Request a SONAR SCI Demo.

Freight 98

Freight Inbound Demo Events 98

Freightos

JANUARY 10, 2024

More Resources Home January 10, 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. China – N. Europe – N.

Negotiating Skills 117

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 117

FreightWaves SONAR

MARCH 5, 2021

But that concept often falls by the wayside in supply chain analytics, especially when assessing the accuracy of predictions using freight data or a forecasting engine. Predictive insights take massive amounts of data from market conditions and yield a potential outcome of what is likely to occur. USA and FWSR28.USA

Freight 98

Freight Cost Reduction Expense Reduction Price Reduction 98

The Logistics of Logistics

JUNE 23, 2022

OneRail showcased its final-mile solution during a Monday demo session at FreightWaves’ Future of Supply Chain event. The solution matches any size order to an ecosystem of carriers, couriers and internal fleets to meet customer-specific SLAs. We took an API-first approach because the fluidity of the data has to be there.

Collaboration 150

Collaboration Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 150

Logistics Viewpoints

JULY 15, 2024

Machine learning is beginning to improve the master data and parameters that planning engines depend upon. In particular, GenAI can create user experiences an order of magnitude better than past interfaces. On the demand planning side, machine learning has been used for over 20 years to improve forecasts.

Supply Chain Planning Software 152

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimization Software 152