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She has led programs ranging from acquisitions to technology deployment with a strong focus on lean manufacturing and data management. CarrierDirect builds organizations and relationships, providing strategy and technology designed to maximize efficiency, reduce cost, and make your business stand out. About CarrierDirect.
She is a sought after author and speaker having been published in various books, articles, and whitepapers and spoken at dozens of industry events. Circular supply chains are interconnected systems that use secondary and regenerative inputs to generate value by reducing and extending resource use. Analyzing data.
Transportation Strategy Profitability Search Search BlueGrace Logistics - February 26, 2024 Transportation strategy plays a pivotal role in ensuring efficiency, cost-effectiveness, and ultimately, profitability for businesses.
Companies with access to accurate near-real-time data not only improve their operations; they also gain the ability to depict the current state of the trucking market. These accurate depictions of the market come from the tracking of data. Businesses that have better access to more data have distinct advantages.
Meanwhile, national-branded consumer goods companies gained share from private labels during the pandemic and many are launching direct-to-consumer and subscription services looking to reduce their reliance on retail and reach their most loyal customers. FILL OUT THE FORM BELOW TO ACCESS A COPY OF THE WHITEPAPER.
Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. Finding quality loads for moves on trips that would have otherwise remained empty is the best way to reduce deadheading. This will help in reducing rampant deadheading. Download the WhitePaper.
A certain level of fees and freight rating expenses are standard in shipping and transportation. But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Download the WhitePaper. Contract freight may not equate to guaranteed capacity.
Supply chain intelligence and actionable insights must apply the most accessible, near real-time data available. Analytic data resources for brokers are great, but it’s equally important to realize that FreightWaves SONAR is much more than a broker-exclusive resource. Email and fax don’t cut it. Download the WhitePaper.
Global trade data and shipping demand management are not just things that high-tech companies and international investors need to worry about. This focus makes proper use of global trade data and analytics so vital for continued recovery and growth throughout the supply chain network. Download the WhitePaper.
A great deal of the cost that goes into shipping gets tied up in securing load capacity and budgeting for fees and expenses incurred along the way. Understanding why rate forecasting is so vital and how accurate data and analysis can help improve predictions are essential. Download the WhitePaper.
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.
Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through good and bad times. Achieving that goal hangs on a carrier’s ability to capture meaningful data. Autonomous processes are only as valuable as the data that powers algorithms and decision-making.
So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. BONUS : Download the Guide To LTL Freight Mangement WhitePaper. 10 LTL Procurement Cost Cutting Tips. Gather quality shipment data reflecting all LTL movements for the past 12 months.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Import volume levels continue to outperform year-ago levels. Request a SONAR Demo. Request a SONAR SCI Demo.
“What’s the best way to use data to beat your competition as a freight brokerage business?” Nevertheless, it all adds up to a greater demand for integrated systems and real-time data. Furthermore, real-time data and SaaS-based resources have additional value in the form of enabling management by exception.
Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. However, the data [that powers them] hasn’t previously been utilized to its full capacity until recently.” Take the example of RCRPMF.USA in the image. last year and $2.19 the year prior.
With surges in fuel costs and new fees, taxes and expenses levied on every load, budgeting needs only continue to increase. That’s where data analytics comes in.” Gaining in-depth insights and current data about the supply chain, load statuses, and consumer demands can make it easier for enterprise sippers to adjust and plan.
An optimized supply chain is one that is as efficient as possible; it is more likely to reduce costs, increase customer satisfaction rates, and add value for stakeholders. True optimization applies data to ensure all decisions and processes are carried out to their fullest potential. Defining Transportation Optimization.
It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.
This struggle can finally come to an end through the use of modern analytics and data management. Such applications of freight technology allow carriers to improve their systems across the board, improving profit margins, reducing load times, streamline shipping, and many more benefits. Download the WhitePaper.
These asset-based trucking challenges appear in many various forms and can lead to major expenses, which may cripple and impair any business. Asset-based carriers should ensure proper pricing alignment, which eliminates unnecessary expenditures and costs. . Additionally, real-time visibility eliminates unnecessary costs.
Every shipping mode and method can benefit from access to accurate, real-time freight data. For instance, consider these top uses of data and calculators within existing systems: Trucking metrics can benefit from clear data highlighting key areas of profit and loss within the fleet. Download the WhitePaper.
The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Download the WhitePaper: Transportation Optimization: Its Strategic Role in Transportation Management. Take an example. Learn More.
Delivering an item to a recipient is the most expensive and time-consuming stage of the entire logistics chain. In its new whitepaper, EPG gets to the bottom of the matter with Prof. The complete whitepaper is available to download for free at [link]. And that is not all. The last mile is a challenge.
Streamline data capture and analysis. Failure to use data and apply it accordingly within the fleet will lead to problems securing loads, offering competitive freight rates , and keeping drivers in trucks. Freight intelligence tools help management develop a more unified freight strategy. Download the WhitePaper.
The total value of resources, man-hours, construction, equipment, maintenance, fees, and other costs must be accurately estimated for expense prediction to be effective. Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses.
Just as in the following five examples that reveal interesting data related to the trucking industry. Talk to any over-the-road shipper that finds itself increasingly handcuffed by institutionalized transportation and fuel-related costs and it would likely tell you the “best job possible” doesn’t cut it anymore.
However, the routing guides can be much more clearly defined by thinking about how they apply to overall shipper stability and why consideration of market volatility data and analytics are critical to understanding service levels. Download the WhitePaper. Shippers may renegotiate with carriers through mini-bids.
Given that our proprietary TMS, the Cerasis Rater , provides multiple reports, giving our shippers’ many insights, this post is quite appropriate, just like getting the data that is meaningful , in order to make the best decisions for your business possible. . Maintenance repair was the next most expensive line item expense.
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.
Download the WhitePaper. Part of that risk plays into how successful shippers or carriers will be with keeping their overhead expenses under control and maximizing efficiency. Broad market assumptions are great for broad strategies, but as everyone knows, the supply chain is rarely that simple. Think about it. [and
As explained by the Small Business Chronicle , “Projected costs are based on prior sales numbers and anticipated increases in expenses. Observed] costs result when money is actually spent on the various supplies, services and other expense categories used by the business.” FWS.USA or FWSR.USA FWS7.USA USA or FWSR28.USA
Traffic and congestion are expensive and annoying problems for any city and its people. Download WhitePaper. It sounds like the stuff of shiny futures, but the reality of autonomous cars that talk to each other — as well as with government data systems — is already here. Cars Connected to Cars Connected to Cities.
More recently, with the rise of interconnected systems, the analytics to derive value from those systems seems, and decreased costs, RFID is resurrecting as a solution for increasing supply chain management (SCM), visibility into processes, and reducing inventory tracking costs. Download whitepaper.
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? Download the WhitePaper.
Automated truckload freight quotes reduce delays. The key to reducing issues and overcoming the obstacles is to automate the process of managing truckload freight quotes. Download the WhitePaper. By knowing current shipping expenses, trends and competitor rates, managers can better select and organize freight loads.
Download the WhitePaper. And having access to freight data on the fly is critical to maximizing asset utilization and load profitability. Remember that those fines amount to extra overhead expenses for carriers, so it’s a cause-and-effect relationship. This will help build and solidify the relationship over time.”
GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. The biggest challenge is how best to implement IoT to achieve operational goals such as reducing costs, improving efficiency, increasing safety, supporting compliance or pushing product innovation. This would help to take the strain off the worker and prevent injury.
ShipChain Releases New Industry WhitePaper. We’re excited to share that our latest industry whitepaper, “ The Role of Blockchain in Navigating Black Swan Supply Chain Events ,” is live! You can opt-in to download the whitepaper here ! ShipChain Joins Baseline Protocol .
Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through the good and bad times. Achieving that goal hangs on a carrier’s ability to capture meaningful data. Autonomous processes are only as valuable as the data that powers algorithms and decision-making.
Freight brokers have had to quickly switch from expense accounts to cameras. It is called a ring light and it provides enough front light to eliminate any shadows that happen when you only use your normal indoor lighting. . Download the WhitePaper. 2020 has been the year of video in sales.
Some of the dimensions are mutually reinforcing, whereas others are not—improvement in one may be at the expense of others. Reduce materials and ingredients costs. Reduce product waste and downtime. Reduce costs of regulatory compliance. percentage reduction in SLA targets missed. Improve supplier product quality.
Using analytics in the supply chain has the most potential to dramatically reduce costs of supply chain management, as well as minimizing supply chain disruption. The Problem: E-Commerce Data is Almost Overwhelming Today’s supply chains, including those using small or nonexistent omnichannel supply chains , generate a mountain of data.
It is the best way to reduce costs, and gain a strong competitive advantage in the dynamic marketspace! Getting a top class ERP platform can help your company automate complex and repetitive actions, thereby saving critical time and cutting down on manual labor. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER.
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