FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

FreightWaves SONAR

APRIL 5, 2021

Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. Tracking market trends within truckload rates relies heavily on data and analysis. Data-driven insights provide a rubric for guiding RFP processes.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

FreightWaves SONAR

MARCH 30, 2021

Maintaining good compliance to these informational guides is critical to supply chain management and relies heavily on current data and automation. Missing data amounts to inevitable routing guide failures Data is king in today’s ever-changing market, and it is only becoming more vital for supply chain operations and management.

Compliance 98

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FreightWaves SONAR

MAY 7, 2024

For shippers, the approach to transportation procurement is evolving. This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis. This not only makes the process more efficient, but also reduces the likelihood of errors and enhances productivity.

Optimal Sourcing 64

Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

FreightWaves SONAR

APRIL 2, 2021

(Graphics created by Emily Ricks) There are ample opportunities to take advantage of spot versus contract freight data insights. Spot freight provides a short-term way to source capacity and boost procurement outside of contracted rates whether TL or LTL. And as mentioned, that TMS data becomes a key SONAR data source.

Purchasing Skills 98

Purchasing Skills Optimal Sourcing Sourcing Data 98

RPA Labs

APRIL 14, 2022

With minimal capacity at maximum cost, freight forwarders are looking for ways to streamline procurement, and leveraging an integration chatbot is one way to achieve that goal. High-quality robotic process automation (RPA) has the potential to make everything it touches more efficient with the data behind it to explain why.

Procurement 78

Procurement Supply Chain Design Software Supply Chain Software Cost Reduction 78

FreightWaves SONAR

MARCH 9, 2021

H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. Global retailers use data to understand lead time Successful supply chain operation at any stage hangs on the ability to stay on top of shipping and transport logistics. Request a SONAR Demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

FreightWaves SONAR

DECEMBER 30, 2020

Data-driven transportation management , including the checks and reviews that accompany healthy data management practices, are part of the process of getting the most out of the tech stack. Throughout the supply chain, data-driven transportation management’s success is only as good as the data quality and integrity in use.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 98

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

Freightos

MARCH 12, 2024

More Resources Home March 12, 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 fell 20% to $3.97/kg

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Demo Data 127

GlobalTranz

FEBRUARY 24, 2015

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Without hard data, you can’t take action. When enterprises try to act in the absence of data, they are usually guessing and won’t get the results they need.

Data 94

Data Transportation Cost Reduction Material Savings 94

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. Freightos Air Index data shows China – N.

Price Reduction 118

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 118

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. America weekly prices increased 21% to $5.72/kg

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133

Freightos

JANUARY 16, 2024

More Resources Home January 16, 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. Europe weekly prices increased 91% to $3.55/kg.

Negotiating Skills 117

Negotiating Skills Optimal Sourcing Demo Data 117

FreightWaves SONAR

JANUARY 11, 2021

And the transportation and shipping industry has a choice to make – to take advantage of trucking data or to ignore it, continuing as before. . Access to data and proper analysis are both essential to maximize profits and reduce costs. Real-time trucking data helps to secure more capacity and better shipping rates.

Data 59

Data Capacity Optimal Sourcing Trucking 59

Freightos

DECEMBER 13, 2023

More Resources Home December 13, 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. America weekly prices decreased 7% to $5.88/kg

Negotiating Skills 117

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 117

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.

Negotiating Skills 118

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 118

FreightWaves SONAR

MARCH 30, 2021

Inadequate or outdated data remains one of the most significant challenges that face managers when it comes to compliance with routing guides. Poor data utilization and access cost nearly incalculable amounts of money each year for shippers and carriers of all sizes. Lanes the carrier typically runs and any related data.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Compliance 90

Freightos

NOVEMBER 28, 2023

More Resources Home November 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. Europe weekly prices increased 6% to $4.47/kg.

Negotiating Skills 112

Negotiating Skills Price Reduction Vendor Strategies Resource Reduction 112

FreightWaves SONAR

JANUARY 5, 2021

And demands for 2021 already reveal strife in procurement in the shipping industry and visibility through all operations, including carrier troubles. And learning from that distribution data can teach carriers precisely what to do and what not to do during this crucial delivery time. Download the White Paper.

Trends 105

Trends Optimal Sourcing Supply Chain Software Supply Chain Planning Software 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. Spot freight provides a short-term way to source capacity and boost procurement outside of contracted rates whether TL or LTL. And as mentioned, that TMS data becomes a key SONAR data source.

Purchasing Skills 52

Purchasing Skills Optimal Sourcing Sourcing Data 52

FreightWaves SONAR

JULY 24, 2023

This sector covers important activities relating to procurement, transport, and storage of goods. Measuring performance with transportation KPIs and freight data is getting easier. Transportation management depends on historical and real-time data. Think about this. The supply chain operates on roughly an 18-month cycle.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

FreightWaves SONAR

JANUARY 19, 2021

Successful freight management hinges on effective procurement and insight into current market conditions. In other words, focusing on those lanes with lower acuity scores will have the net effect of lowering total freight spend, while promoting increased freight procurement and fewer tender tender rejections. Request a SONAR Demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Sourcing Strategies Expense Reduction Scenario Planning 98

Freightos

DECEMBER 19, 2023

More Resources Home December 19, 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. Europe weekly prices increased 30% to $4.78/kg.

Negotiating Skills 117

Negotiating Skills Optimal Sourcing Logistics Network Optimization Software Demo 117

FreightWaves SONAR

JANUARY 4, 2021

And that will win over carriers, keep them coming back and boost procurement efficacy. 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. Streamline the delivery process.

Tips 111

Tips Security Capacity Supply Chain Software 111

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

FreightWaves SONAR

MARCH 26, 2021

A tactical supply chain relies on data and facts to guide all activities. That’s where FreightWaves SONAR and SCI’s Lane Acuity can add value by helping organizations learn from the collective data-consciousness of the industry. Request a SONAR Demo. Request a SONAR SCI Demo. Apply FreightWaves SONAR IMCSI1.USA

Freight 97

Freight Cost Reduction Demo Tracking and Tracing 97

FreightWaves SONAR

MARCH 18, 2021

So, it’s equally valuable to know the constraints and to apply data to overcome them with mini-bids. Limited insight into inventory demands resulting in problems procuring raw materials The manufacturing supply chain depends on the availability of raw materials to create and distribute goods and products. Request a SONAR Demo.

Manufacturing Procurement 91

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

FreightWaves SONAR

APRIL 1, 2021

Calculating LTL shipping is an essential part of rate negotiation and capacity procurement and is an important step in securing the best bids, marketing shipping rates and maximizing profit margins. Capture pricing data for LTL freight. Request a SONAR Demo. Request a SONAR SCI Demo. Download the White Paper.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

FreightWaves SONAR

DECEMBER 18, 2020

In a sense, it’s the application of data signals to create a list of preferred shippers. With the strong application of data, shippers can finally squeeze out additional efficiencies and make meaningful improvements to attain a designation of shipper of choice. And that means your company needs access to all the freight data available.

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Cost Reduction Optimal Sourcing 98

FreightWaves SONAR

MARCH 23, 2021

Will more executives put more emphasis on the use of data in shipping? How data makes retail shippers smarter. Request a SONAR Demo. The post [stackd] Using Data and analytics to make smarter retail shippers appeared first on SONAR. Listen to the episode.

Optimal Sourcing 52

Optimal Sourcing Data Optimization Software Price Reduction 52

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 22, 2021

Gain more certainty with SONAR’s WRI to quickly see changes in capacity for every market and get a better sense of where shipping rates are headed in addition to how difficult (or easy) it will be to procure space for your freight loads. Sign up for a demo here or by clicking the button below. . Request a SONAR Demo.

Capacity 98

Capacity Price Reduction Demo Cost Reduction 98

FreightWaves SONAR

MARCH 5, 2021

Overcome the barriers to logistics foresight with a data-driven procurement strategy. And without seeing the snowstorm on the horizon, there are opportunities to capture and apply data to manage capacity more proactively. The best-laid plans are just that, thought out and well-laid. Are you a FreightWaves SONAR user?

Freight 98

Freight Price Reduction Cost Reduction Outbound 98

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

FreightWaves SONAR

FEBRUARY 11, 2021

And it has opened new channels for capacity procurement. Throughout the years to come, accurate data analysis will remain essential for effective truckload shipping. Request a FreightWaves SONAR demo by clicking the button below to get started. Request a SONAR Demo. It’s that simple.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

FreightWaves SONAR

MARCH 2, 2021

Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. This helps to realize fewer tender rejections, increases an understanding for requests for proposal (RFPs) bringing optimal deals, and improves lead time planning to secure capacity procurement.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52