This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Carriers currently have a great selection of tools to choose from so that they may further their enterprise. Many of the most beneficial tools come from the utilization of data and analytics. Data and analytics provide carriers with an incredible wealth of information that has proven to bolster revenue and profits.
Further, we wanted to also highlight an excerpt by Jeannine Kunz, Director from ToolingU-SME’s whitepaper, “ People Power: Human Capital Drives Manufacturing Competitiveness. Current manufacturing training and development best practices often integrate competency models, blended learning, and a data-driven approach.
To do that, we recommend using the the SONAR Supply Chain Intelligence tool to determine: Whether your carriers are charging rates in line with the market. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Request a SONAR Demo. Request a SONAR SCI Demo.
And during times of uncertainty, which always occur in modern supply chains, effective freight brokerage must have access to the latest tools and resources. Why data for the sake of data fails to add value. Fill out the Form Below to Access the WhitePaper. That is especially true given the industry’s growth.
Unfortunately, interpreting the data received is never straightforward. Erratic behavior in said data can lead to inaccuracies and confusion for carriers if the activity fails to conform to set standards. Even worse, data that isn’t monitored amounts to lost opportunities for improved efficiency. But what are these tools?
View the Full WhitePaper. The data is derived from sourcing spot rates from more than a dozen 3PLs and freight brokerages. The data is derived from sourcing spot rates from more than a dozen 3PLs and freight brokerages. Other spot rate tools place too much weight on stale rates or rates taken from irrelevant lanes.
The freight transportation industry has always been slow to adopt new advances in tools, software and automation. And to help carriers achieve that goal, this whitepaper will explore a few best practices to reduce operating costs, including: The importance of meaningful data capture. Visualization capabilities.
Importantly, the report also explains how each has successfully managed their social impact through the use of data, which has enabled accurate and meaningful measurement. Both Prologis UK and Tritax have used a social value measurement tool, called the National TOMs (Themes, Outcomes, Measures) Framework.
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.
Using Data for Better Transportation Management How to Use Data for Better Transportation Management The logistics industry has long been characterized by volatility and unpredictability. Additionally, even some of the most tech-savvy companies appear to be overlooking important supply chain data and metrics.
As explained by Supply & Demand Chain Executive , “Digitization, software and giving shippers and carriers efficient tech tools are critical, as technology continues to modernize this industry. Everyone is working from home, switching in-person and paper processes with digital transactions and signatures.” .
One of the most popular tools that drives the supply chain to new heights is the process of intermodal freight shipping. Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes. Download the WhitePaper.
Data represents an integral part of daily life for most people, and it is no different within the transportation industry. That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too.
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.
Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. Tracking shipment status is a core function of advanced shipping analytics tools. Download the WhitePaper.
Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. And a new suite of products, ranging from artificial intelligence through visualization tools to see lane acuity, are changing the game. Download the WhitePaper. last year and $2.19
As further explained by Deloitte , “business cases show how new technologies – from smart sensors to advanced data analytics to cognitive computing – are transforming traditional linear supply chains into connected, intelligent, scalable, and customizable digital supply networks to help reduce costs and drive sustainable growth.”
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.
And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Download the WhitePaper. Of course, it is also critical to apply data across all activities to identify which loads are ripe for the taking.
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. Using analytics and data-driven tools , carriers can find more loads and avoid consequential expenditures, such as empty miles. . Download the WhitePaper. Carriers should start by applying data to stay strategic.
Therefore, enterprises need to know how to apply transportation data to increase on-time shipping performance. . Aggregate data from beyond the four walls of your business. Yet all benchmarking begins with access to the right supply chain data. Download the WhitePaper. The data is present.
Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI), and machine learning are expected to figure prominently in future supply chain operations. Freight tech APIs collect data in near real-time. APIs eliminate the inconsistency and risks associated with manual data re-keying.
Here’s how you can improve manufacturing floor data collection, long-term. A key component of any manufacturing process is data collection. However, are you starting to outgrow your manufacturing floor data collection system ? At one point, every program used to record data was being used by no fewer than 21 managers!
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.
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. The old ways of recording, processing and responding to analytical data need a streamlined approach. Download the WhitePaper.
yellowbox]Check out where the future of online sales for the freight industry is heading with this free whitepaper.[/yellowbox]. According to Ti’s whitepaper on the topic, some goods manufactured in Asia-Pacific could be near-sourced to the US or Europe. See the whitepaper here. yellowbox]. through 2018.
And freight KPIs can serve as a valuable tool for freight market intelligence. 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. Supply chains exist as data-driven entities.
Freight and trucking data makes for an excellent resource for shippers and logistic service providers (LSPs) alike. The data obtained from historical and contract load tender information creates a valuable tool – a trucking rate predictor. And it’s important to know why tendered, non-paid data can add so much weight.
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.
As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supply chains. Knowing the following key tactics and using the proper tools will help sustain long-term savings.
The ability to accurately predict both trucking and load execution costs or rates is a wonderful tool for all carriers. For that reason, freight carriers need to know how predictive rating capabilities amount to more proactive, data-driven and efficient freight management. Download the WhitePaper.
Download the WhitePaper. Companies that can accurately predict market volatility trends, using indices with reefer data analytics , can ensure that they remain prepared in the event of replenishment issues. This makes for an excellent freight management tool and can make an impactful difference in a shipper’s efficiency.
Predictive analytics is the process of taking the data gathered from everyday operations and converting it ‘into valuable nuggets of insight.’ Knowing exactly what’s going on and when it’s going on is the most valuable tool in a supply chain operations arsenal. Download the WhitePaper. Plan, replan and plan again.
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. Download the WhitePaper.
Enterprise shippers are looking for ways to capture and analyze more data Making the most of available technology has always been critical for fine-tuning a supply chain. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. Download the WhitePaper.
Download the WhitePaper. Respond to issues, deviations and problems with data. Even with the best planning and preparations, issues will arise, and when they do, enterprise shippers must never shy away from them and should address the problem based on data-driven transportation management insights. Request a SONAR Demo.
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.
This article shares details on the Truck Tonnage Index, how the data reflects the overall economy, and other ways to interpret the data. Data Collection. Yet the ATA Trucking Tonnage Index has proven to be a valuable tool in evaluating the state of the U.S. When comparing year-over-year data, the July index fell 2.9%
In fact, with reverse logistics peak season upon the industry, data to understand reverse logistics procurement in the shipping industry is even more valuable. . Download the WhitePaper. To take advantage of carrier and capacity options, have the tools needed to find and secure said capacity before the competition.
For example, do you have: Full data visibility across your business? If the answer to any of these questions isn’t a resounding ‘yes’, you may not be getting best use out of your tools. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper.
Should] you just figure out if it should be 5% or 6% [without data]?” In our recent whitepaper , we discussed the growing importance of carrier utilization. Using these tools can allow carrier representatives to book more loads and maximize the full potential of your carrier networks. SONAR is near-real-time data.
Tools that allow shippers to have actionable insights into data that is impacting their networks have become increasingly important during the past couple of years. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Request a SONAR Demo. Request a SONAR SCI Demo.
Most freight brokerages offer visibility, document management and payment tools for their customers and carriers. Download the WhitePaper. FreightWaves SONAR provides the fastest freight market data in the world across all major modes of traffic – guiding brokers who are seeking how to be a successful freight broker.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content