FreightWaves SONAR

NOVEMBER 5, 2020

And according to Inbound Logistics , “Measuring the rates being paid to the carriers against their quoted bid rates ensures carriers are honoring the rates offered in the bid. Collect data and benchmark your carriers’ performance. Collect and benchmark carrier performance data. Creating a carrier scorecard is simple.

Modeling Software 105

Modeling Software Optimization Modeling Modeling Freight 105

Ship Monk

AUGUST 30, 2023

Today we’re going to look at how to calculate ecommerce conversion rates, identify some things that may be turning customers away, and what you can do to improve conversion rates. So, what is the right kind of data and how do you gather it? If you’re on the low end of this scale, there’s room for improvement.

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

GlobalTranz

APRIL 5, 2017

With the added pressure to lower costs to end-users, your customers, it’s no surprise that the need for increased scrutiny and cost reductions among inbound logistics partners, your vendors, has gone rogue. Vendors need access to stringent, high-quality instructions for how to bring shipments to you. The first roadblock is simple.

Inbound 49

Inbound Vendor Strategies Cost Reduction Inventory Reduction 49

Talking Logistics

MARCH 7, 2019

Matt notes there are three types of shipments where shippers can look to improve their capacity utilization, that is, how well they load trailers to maximize weight or space utilization. These are inbound shipments from vendors, stock transfers between locations, and outbound shipments to customers. Preferred shipper.

Cost Reduction 81

Cost Reduction How To Transportation Vendor Strategies 81

Trinity Logistics

SEPTEMBER 16, 2021

Before we jump into how to reduce your transportation costs, it’s essential to understand what factors are causing them to rise. GET DATA-DRIVEN INSIGHTS. Data has quickly become one of the world’s most valuable resources. The post How to Reduce Transportation Costs appeared first on Trinity Logistics.

Cost Reduction 73

Cost Reduction Expense Reduction Price Reduction Vendor Strategies 73

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. Ask Traditional Questions, and Let Big Data Provide Answers. However, the fundamental problem remains. Increasing order efficiency. Demand forecasts.

Supply Chain Design Software 115

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GlobalTranz

SEPTEMBER 23, 2015

Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. What Is Supply Chain Big Data? How Does Big Data Improve a Supply Chain?

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Supply Chain Design Procurement Analytics 108

Turvo

SEPTEMBER 29, 2021

According to Inbound Logistics , 2020 went through an 18-month cycle in record time, and no professional or forecast could have predicted such growth. Outdated methods of supply chain data analytics can cause freight payment delays. Share Shipment Details in Real-Time. Shorten the Payment Clock With Integrated Freight Settlement.

Supply Chain Software 76

Supply Chain Software Logistics Network Optimization Software Optimization Software Supply Chains 76

GlobalTranz

OCTOBER 27, 2016

We invite you to download the all new Cerasis e-book "Big Data In The Supply Chain & Transportation Industry." In this e-book, you'll learn the following: What is Big Data? How do supply chain & transportation leaders get started in collecting & using Big Data? No, hold on. That’s not it, either.

Supply Chain Software 86

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GlobalTranz

FEBRUARY 9, 2018

The fundamental idea behind being an Inbound Organization is straightforward: everyone in the company must consider how their role influences the customer journey to enhance the customer’s experience. What Inbound Organizations Do. I hope you do, but the data shows that most post-sale interactions harm the relationship.

Inbound 63

Inbound Eliminating Excel in Purchasing Vendor Strategies After-sales 63

Logistics Bureau

OCTOBER 10, 2022

How to Improve Forecast Accuracy for Optimal Inventory. How to Calculate Economic Order Quantity. To calculate the EOQ of an SKU, you first need the following items of data to hand: The carrying cost per unit for the SKU. How to Reduce Minimum Order Quantities. The cost of ordering (per order) that particular SKU.

Inventory Reduction 115

Inventory Reduction Inventory Optimization Modeling Optimization Software 115

FourKites

DECEMBER 11, 2020

How to calculate inventory carrying cost. How to reduce carrying cost? How close do you ever come to exceeding your safety margins? Having real-time visibility into the status of inbound shipments can take all the guesswork out of half of that equation, and reduce your reliance on safety stock.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Resource Reduction 52

GlobalTranz

APRIL 12, 2017

An inbound vendor routing guide is comparable the beating heart of your operation. It manages inbound freight, not unlike the incoming blood supply from the lungs, and pumps it out to the remainder of your supply chain. Creating an effective inbound vendor routing guide is not without its share of challenges. 12,000+ pounds.

Vendor Strategies 48

Vendor Strategies Inbound Cost Reduction Price Reduction 48

FreightWaves SONAR

MARCH 18, 2021

So, it’s equally valuable to know the constraints and to apply data to overcome them with mini-bids. In other words, the manufacturing supply chain depends on the ability to move freight seamlessly throughout the entire network and to consider how those moves will translate into other activities. Request a SONAR Demo.

Manufacturing Procurement 91

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

GlobalTranz

MAY 1, 2018

Data-driven analytics enables you to make cost-effective transportation decisions. However for most shippers, parcel spend is poorly understood because shipping data is often locked up in point solution silos, such as carrier-provided systems and websites, in a variety of different formats. DOWNLOAD WHITEPAPER. NEW WHITEPAPER.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

Now, That's Logistics

APRIL 13, 2021

Regardless of which E-Commerce fulfillment approach a shipper takes, Largeau says it’s important to consider both inbound and outbound logistics and transportation. A seller of consumer electronics, for instance, needs a process for refurbishing returned items, wiping them clean of any personal data, and then reselling them on the market.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Transportation Expense Reduction How To 78

GlobalTranz

SEPTEMBER 1, 2015

You Have A Good Amount Of Historical Data. If you have worked with the same carriers on similar types of projects for many years, this historical data is an asset for your company. You can use this data to analyze different types of shipments to gain insights such as which carrier provides the best value for given lanes.

Data 92

Data Scenario Planning Trucking Price Reduction 92

GlobalTranz

APRIL 12, 2018

Cerasis is excited to announce the release of an all new, exclusive, & educational resource “How to Optimize Full Truckload Shipping Through Technology & Best Practices” white paper! This is a must read for those are looking to reduce Full Truckload costs and optimize full truckload shipping in order to do more with less.

White Paper 60

White Paper Optimization Software Optimization Resource Reduction 60

GlobalTranz

FEBRUARY 1, 2017

We invite you to register and attend our educational webinar titled, “Why Supply Chain Leaders are Using Big Data Analytics” presented on Feb. As a result, business leaders can reap a significant return on investment by thoroughly analyzing this data. How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

Supply Chain Software 58

Supply Chain Software Webinar Supply Chains Data 58

Logistics Bureau

JUNE 14, 2021

The only realistic way to achieve that is to commit to sharing data with all tier 1 suppliers in your ecosystem, along with your logistics partners, and your customers. Exchanging data with other organisations requires a level of trust that can only be achieved through active relationship-building. Collaboration.

Supply Chain Planning Software 69

Supply Chain Planning Software Optimal Sourcing Supply Chains Inventory Reduction 69

FreightWaves SONAR

JANUARY 12, 2021

However, peer, market and historical freight invoice data can help, and it’s essential to know why. Freight management parties still struggle with limited, outdated data. Freight management parties may not know where to turn for meaningful, actionable freight data. At the same time, data is not created equally.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

GlobalTranz

NOVEMBER 12, 2015

Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Order Processing Capabilities.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

FreightWaves SONAR

NOVEMBER 16, 2020

This week, learn how freight market participants, especially those freight parties who are executing refrigerated shipping moves, rely on SONAR indices that show reefer freight data and activity. What are the available refrigerated shipping indices in SONAR? regional and market granularity.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

GlobalTranz

NOVEMBER 21, 2017

In a recent study, MIT found that companies that focus on 5 key initiatives to improve their supply chain data can have a big impact on their bottom line. Obstacles to fully utilizing analytics included inaccurate data , cost, and lack of timely data. Supply chain data initiatives need a top-down mandate.

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 48

Supply Chain Planning Software Logistics Network Optimization Software Inventory Reduction Trends 48

Ship Monk

JUNE 30, 2023

We’re going to show you how to identify KPIs for your business by breaking the process down into three parts. Start with the goal you’re trying to reach and work backwards to determine the actions you need to take, and how to measure their success. The first place to look for tracking data points is your shopping platform.

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

Logistics Bureau

JULY 11, 2022

These KPIs should all be applicable to your supply chain operation, subject to some tweaking to reflect the precise characteristics of your inbound logistics and purchasing functions. SEE ALSO: How to Address Chronic Poor Supplier Performance. Quantity Ordered versus Quantity Received. ASN Accuracy. Lead-time variance metrics.

Procurement Analytics 108

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 108

GlobalTranz

NOVEMBER 19, 2015

Today we continue our long series and look at teaching shippers how to remain strategic when it comes to logistics and their transportation management program. 6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. The Use of Data to Create a Successful Transportation Management Program.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

GlobalTranz

NOVEMBER 22, 2019

Listen to “Scaling & Leveraging Freight Resources Effectively” on Spreaker.

Resource Reduction 56

Resource Reduction White Paper Freight Vendor Strategies 56

GlobalTranz

MARCH 8, 2017

Thanks to data gathering programs, supply chain software, and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. What Is the Impact of Big Data on the Supply Chain & Transportation Industries? •

Supply Chain Software 49

Supply Chain Software Webinar Supply Chains Presentation 49

Sabinext

FEBRUARY 11, 2019

They need skilled and ongoing maintenance, and as the data above shows, the stakes are too high for them to fail to support their millions of inhabitants and thousands of businesses, as well as their country’s economic health. Data-driven approach. Anticipatory shipping is also becoming reality, enabled by a data-driven approach.

Optimal Sourcing 67

Optimal Sourcing How To Logistics Network Optimization Software Logistics 67

GlobalTranz

AUGUST 17, 2018

A modern warehouse management system can bring disparate systems together, leverage data from internal and external resources, and stimulate growth in the saturated e-commerce market, allowing businesses to stand out from the crowd. Streamline Data Migration, Configuration, and Testing Through Integration. GET YOUR COPY HERE.

Supply Chain Planning Software 48

Supply Chain Planning Software Vendor Strategies Cost Reduction Resource Reduction 48

Parade

MAY 15, 2019

The TMS may have some data on carriers, but this is usually impoverished data that is rarely updated. If no data exists in the TMS, use a separate tool of their choice such as; spreadsheets, notebooks, and sticky notes. Each carrier sales rep is on their own island, and so is their data!

Negotiating Skills 60

Negotiating Skills Freight How To After-sales 60

Logistics Viewpoints

OCTOBER 5, 2022

SEE and RESPOND: the ability to get ahead of data, see the data and respond accordingly. The big piece here is you need to be able to break apart the data silos. With so much data available, companies need to delight the customer and take advantage of all the predictable information that they have.

Supply Chain Software 142

Supply Chain Software Optimization Software Supply Chains Logistics Network Optimization Software 142

CLX Logistics

JULY 13, 2020

What you really need to understand and be able to communicate to management is where you should be and how to get there. So, first thing, hire a benchmarking service to provide you with the data you need. Be diligent about selecting a benchmarking service that knows and understands your freight, and has a large pool of current data.

Cost Reduction 40

Cost Reduction Vendor Strategies Price Reduction Strategy 40

GlobalTranz

SEPTEMBER 3, 2019

Improving Freight Operations & TMS Resources Final Mile Management: A Shipper’s 30,000 Foot View Download White Paper Improving Inbound Freight Management: How Data-Driven Processes Bring Efficiencies & Reduce Costs Download White Paper TMS Evaluation: How to Evaluate, Select & Build the Case for.read More.

White Paper 54

White Paper Operations Freight Resource Reduction 54

GlobalTranz

JULY 28, 2021

True optimization applies data to ensure all decisions and processes are carried out to their fullest potential. Leveraging data for continuous improvement makes transportation optimization more synonymous with managed transportation.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126