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Lynch and his team leverage data intelligence and strong industry relationships to help clients uncover transportation savings, build scalable supply chain strategies, and ace retailer compliance programs. WhitePaper – The 5 Best Practices for a Changing Retail Industry. Learn More About the True Cost of OTIF Failure.
Lynch and his team leverage data intelligence and strong industry relationships to help clients uncover transportation savings, build scalable supply chain strategies, and ace retailer compliance programs. WhitePaper – The 5 Best Practices for a Changing Retail Industry. Learn More About the True Cost of OTIF Failure.
The research suggests improved enterprise Digital Supply Chains ( DSC ) can lead to a 20% reduction of procurement costs, a 50% reduction in supply chain costs, and an increase in revenue of 10%. How Will the Digital Supply Chains WhitePaper & Report Help Me? Read the whitepaper here.
Load capacity limits play a crucial part in a supply chain network organization, logistics metrics management, and procurement in the shipping industry. Freight management parties need to understand why procurement falters without technology and how technology can boost sourcing across all industries.
Tracking and managing transportation by understanding freight data, particularly tender rejections and a cohort of core analytics, is the only path forward. Since freight management is a continuously evolving strategy, this whitepaper will delve into: The issues contributing to and deriving from lagging data.
This is particularly true for truckload shipping procurement. The problem looms large for shippers and managers across the supply chain network, but the answer is out there – better utilization of smart data and automated processes. Read on to see how these innovations can help with truckload shipping procurement.
With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.
, at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. 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.
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.
The right partner will also work with your team to implement changes based on data-driven recommendations and identify opportunities for continuous improvement. . Focus on Carrier Procurement and Management. Download the WhitePaper: Transportation Optimization: Its Strategic Role in Transportation Management.
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.
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.
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. Download the WhitePaper.
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-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.
As a shipper, it can be hard to procure full truckloads, and small and mid-sized shippers suffer from an exacerbated version of this problem. Shippers face tightening capacity, higher rates, and demanding consumers, and procuring a full truckload may be the last thing on their minds. Download Whitepaper.
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. Transportation optimization is part of enabling proactive supply chain management.
Track Carrier Performance Data. Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Download the WhitePaper: Over the Road Freight Management Trends. Identify and Apply Freight Consolidation Opportunities.
In fact, a recent study , in partnership with Edelman Data & Intelligence, found a broad increased level of confidence from supply chain leaders despite peak season disruptions among those that have successfully implemented data-driven, third-party resources to manage heightened activity levels. Learn More.
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: Over the Road Freight Management Trends. A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. Enabling Data-Driven Decision-Making. ?Access Access to real-time data and the ability to perform real-time analysis ?enables Learn More.
And demands for 2021 already reveal strife in procurement in the shipping industry and visibility through all operations, including carrier troubles. Download the WhitePaper. And learning from that distribution data can teach carriers precisely what to do and what not to do during this crucial delivery time.
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. Download the WhitePaper.
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.
And that will win over carriers, keep them coming back and boost procurement efficacy. Download the WhitePaper. 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. Streamline the delivery process.
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. Download the WhitePaper.
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. Download the WhitePaper. Capture pricing data for LTL freight. Analyze LTL pricing rates against contract rates. .
Download the WhitePaper. And it has opened new channels for capacity procurement. Throughout the years to come, accurate data analysis will remain essential for effective truckload shipping. Embracing digital methods for freight matching and capacity acquisition will be essential in the years ahead. . It’s that simple.
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
Operations/Procurement. When conducting freight broker sales efforts to these companies it often makes sense to seek out individuals in operations or procurement to find out who the best person is to talk to about freight. Download the WhitePaper. Indirect prospecting . Find out more about FreightWaves SONAR for brokers.
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.
Integration of existing systems for data exchange. Easy on-boarding of participants using their existing IT systems and data standards; they should not be forced to use new formats. It’s about creating a common cross-company basis that integrates all participants on a procurement or distribution level. Share processes.
Freight load balancing means capturing the data needed to make proactive decisions regarding where to send trucks, which moves have the strongest profitability opportunities, and when to reject a tender based on that data. Download the WhitePaper. Tips for applying data to balance freight load pressures on the network.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. Here are the complete data representing how many supply chain management professionals perceived these threats as significant. GET YOUR COPY HERE. These disruptions included the following.
Data Types and Quality Variances Complicate Managing Supply Chain SLAs In the U.S., GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. Put the Power of Tracking to Work by Gathering More, Quality Data Now Blockchain will revolutionize the process and work of managing hundreds, if not thousands, of supply chain SLAs.
A lack of data is the absolute villain in this scenario for brokers and all trading parties. Start where it all begins – procurement. Procurement remains an oft-overlooked side of a freight spend analysis. Gather data for the analysis. Download the WhitePaper. Outbound and inbound data. .
Full Truckload WhitePaper Series. Access our complete Full Truckload Shipping WhitePaper Series. Big Data Analytics. Unfortunately, these factors make it difficult to attract drivers for full truckload freight from small and mid-sized shippers. However, technology can change the narrative. Download Here.
As the storage space of data has fallen, warehouse managers ’ rationale for avoiding IoT technologies has become even more archaic. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. We expand upon the supply chain technology trends we spoke about in the first part of this blog series, but let’s take a look at 5 more supply chain tech trends that will shape 2018.
Computing power began as behemoths sitting in data centers and is now everywhere including our pockets, desks, vehicles, appliances, etc. million percent increase* in data over the past 25 years, technology is driving change in every facet of our business, at speed and at scale. exabytes of data was produced. Amplified by a 2.9
Use for transparency and traceability for buyers, marketplaces, sellers, and consumers, unifying the history of a product from procurement to end-users, as well as throughout returns, if necessary. Get Your Free WhitePaper Today. How Surface Mode Shippers Can Compete in E-Commerce Logistics. Download Here.
This whitepaper can help you get started. Continuous moves are a single load with multiple legs that was part of the procurement event and awarded to a service provider. This whitepaper can help you get started. But you can work through the issues and come to a solution that will work for you, and for them.
Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. WhitePapers. |. These 3 master data elements contributed to almost 50-60% of planning issues. Business Process Outsourcing. Customer Service. Finance & Accounting.
While many other questions exist, freight management in today’s world is built on the internet, speed, use of data, and staying attractive to drivers. Often-overlooked charges, such as accessorial charges, billing charges, and data entry, contribute to increased freight spend and management complexity. Download WhitePaper.
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