FreightWaves SONAR

JULY 24, 2023

The costs of logistics as a ratio of total expenses are too significant to ignore. Without excellent and clear communication, these trends will not be identified and acted upon until it is too late. Keeping costs in check can help companies avoid unwanted fees and additional expenses that increase shipping costs and cut profitability.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

FreightWaves SONAR

MARCH 2, 2021

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.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

FreightWaves SONAR

FEBRUARY 25, 2021

A certain level of fees and freight rating expenses are standard in shipping and transportation. For instance, here are a few KPIs that go into the overall strategy for how carriers price transportation: MILES PER TRUCK PER WEEK (MILTR) – Every driver in the fleet will come under scrutiny at some point.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

Locus

MARCH 27, 2024

Geocoding drastically cuts down on the headache of reattempted deliveries on these unclear by accurately locating unclear addresses, thereby saving costs and boosting customer satisfaction. This proximity reduces the need for long-haul deliveries, further cutting down transportation costs.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

FreightWaves SONAR

JANUARY 19, 2021

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. Reduced capacity constraints deriving from limited visibility.

Supply Chain Planning Software 98

Supply Chain Planning Software Sourcing Strategies Expense Reduction Scenario Planning 98

WorkWave

JUNE 17, 2024

Generating more leads is a key strategy for increasing revenue, expanding market reach, and establishing a strong reputation in the industry. Digital marketing has emerged as an essential strategy to effectively promote products and services online. Email marketing is an effective pest control lead generation strategy.

Optimal Sourcing 96

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 96

FreightWaves SONAR

MARCH 11, 2021

Without quality data to review, analyze and apply, the network will struggle to keep up with important trends within the global market. Capacity will shrink; profits will fall; expenses will rise; disruptions will increase; and opportunities will be missed. Improve, on average, profits while also reducing overall costs.

Data 98

Data Supply Chain Planning Software Supply Chain Software Expense Reduction 98

FreightWaves SONAR

JANUARY 15, 2021

And the trucking trends will reflect both the hope for a return of normalcy and the reality of some new, permanent shifts in the industry. With that in mind, it’s important to realize that carriers can use the top 10 trucking trends to find a long-term value-prop coming out of the most in-demand periods for carriers in history.

Trends 64

Trends Trucking Supply Chain Planning Software Optimization Software 64

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. Creating graphs and pie charts out of your numerical data can make it easier to spot trends and gain insights.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

FreightWaves SONAR

FEBRUARY 16, 2021

Freight intelligence tools help management develop a more unified freight strategy. The operating ratio is a measure of profitability from linehaul, accessorials and operating expenses, shown in the FreightWaves SONAR OPRAT index. Request a FreightWaves SONAR demo by clicking the button below. . Request a SONAR Demo.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

FreightWaves SONAR

APRIL 15, 2021

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? But what do they mean for the supply chain network of today?

Material Savings 52

Material Savings Waste Reduction Expense Reduction Resource Reduction 52

FreightWaves SONAR

JANUARY 7, 2021

Poor tender acceptance strategies. In other words, logistics leaders must find and apply proactive data management strategies, including: Developing alternative transportation solutions, such as increasing the number of transportation brokerage partnerships. Request a SONAR Demo. Lackluster communication with shippers.

Supply Chain Software 98

Supply Chain Software Supply Chain Design Software Supply Chain Design Automation 98

FreightWaves SONAR

JANUARY 19, 2021

As a result, carriers found themselves at the heart of an in-demand crowd with finite capacity resources, facing a growing carrier trend for more and faster service. Remember that those fines amount to extra overhead expenses for carriers, so it’s a cause-and-effect relationship. Request a SONAR Demo.

Cost Reduction 98

Cost Reduction Supply Chain Planning Software Optimization Software Trucking 98

EazyStock

OCTOBER 20, 2020

It’s the art of achieving stock availability , while reducing inventory costs and minimizing the risk of excess items. Trends: Product demand is influenced by fashion, technology, social, economic and legal factors. Look out for such trends in your historical demand data and adjust your forecasts accordingly.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

FreightWaves SONAR

FEBRUARY 15, 2021

This week, learn how executives who manage a trucking business are monitoring carrier operations-based indices to improve profit margins and reduce operational trucking costs. Expenses include items such as driver wages, truck lease, insurance, maintenance, etc. Gross Fuel Expense Per Mile (GFEMIL).

Trucking 98

Trucking Expense Reduction Operations Purchasing Skills 98

TransAudit

DECEMBER 14, 2022

If you’ve filled up your gas tank recently, you’re probably abundantly aware of how expensive fuel is right now. Learning more about fuel costs and shipping will give you a better understanding of what’s going on and equip you with some strategies to help. The more fuel costs, the more expensive it is to ship items. New Routes.

Cost Reduction 72

Cost Reduction Purchasing Skills Price Reduction Expense Reduction 72

Locus

AUGUST 2, 2022

Managing last-mile delivery is often a tricky and expensive task. Some emerging trends around last-mile delivery fulfillment models. Besides reducing the distance to deliver packages, alternative delivery fulfillment models have saved on logistics costs and simplified last-mile logistics management for the modern retail business.

Modeling Software 52

Modeling Software Optimization Modeling Modeling Trends 52

FreightWaves SONAR

FEBRUARY 1, 2021

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. Part of this requires an understanding of which shipping trends are being utilized by other carriers. Request a SONAR Demo.

Data 76

Data Price Reduction Cost Reduction Expense Reduction 76

FreightWaves SONAR

NOVEMBER 10, 2020

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. By knowing current shipping expenses, trends and competitor rates, managers can better select and organize freight loads. Request a SONAR Demo.

Supply Chain Software 104

Supply Chain Software Automation Supply Chain Planning Software Freight 104

WorkWave

JULY 28, 2024

Studying competitors is an integral part of market research as it helps the medical courier business gain insights into their strengths, weaknesses, and overall strategies. RouteManager’s last-mile delivery software helps you cut fuel costs, increase revenue, and improve operations. GET A FREE DEMO 2. Start Using RouteManager!

Material Savings 93

Material Savings Optimization Software Logistics Network Optimization Software Cost Reduction 93

WorkWave

JULY 11, 2024

A significant impact on reducing landfill contamination. This helps to prevent the accumulation of hazardous materials and reduces the risk of groundwater and soil contamination. Without adequate funding, it can be challenging to cover the initial costs and ongoing expenses associated with the waste management industry.

Waste Reduction 52

Waste Reduction Waste Cost Reduction Expense Reduction 52

Freightos

MAY 28, 2024

More Resources Home May 28, 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. million TEU per month and peak at 2.1 million in September.

Price Reduction 118

Price Reduction Expense Reduction Resource Reduction Data 118

FreightWaves SONAR

JANUARY 25, 2021

And the overall industry trucking trends imply an absolute need to grow more strategically. The fees and expenses incurred still must be paid for somewhere along the chain. Considering that, it’s easy to see how increased transportation data use can translate into more meaningful pricing strategies. Request a SONAR Demo.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

FreightWaves SONAR

SEPTEMBER 27, 2021

This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Request a SONAR Demo. Request a SONAR SCI Demo. Spot rates have rebounded in the majority of the country after a post-Labor Day hiccup, according to Truckstop.com.

White Paper 52

White Paper Expense Reduction Demo Price Reduction 52

WorkWave

JUNE 10, 2024

By following these steps, businesses can gain a better understanding of their overall expenses and ensure they are not only covering their costs but also generating a profit. The term refers to the ongoing, indirect expenses incurred while running a business that is not directly tied to the creation of a product or service.

Negotiating Skills 52

Negotiating Skills Cost Reduction Expense Reduction Optimization Software 52

EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. While they did show signs of reducing, a recent surge has seen levels remain high. More expensive borrowing. Supply chain infrastructure investment reduces. Demand falls.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

WorkWave

AUGUST 22, 2024

In this article, we will explore 11 proven sales strategies that can help you increase your flower shop sales and cultivate lasting relationships with your clients. However, it’s vital to exercise caution and avoid over-ordering, as this can lead to waste reduction challenges and increased expenses. GET A FREE DEMO 7.

Optimization Software 52

Optimization Software Cost Reduction Price Reduction Expense Reduction 52

Talking Logistics

OCTOBER 6, 2017

I also believe that Amazon is making a network design calculation here: leveraging the warehouses of sellers and taking control of transportation is probably a less expensive and faster approach to keeping up with the rapid growth of e-commerce than building, outfitting, and staffing additional distribution and fulfillment centers of its own.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 0

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies : Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

WorkWave

JULY 28, 2024

Studying competitors is an integral part of market research as it helps the medical courier business gain insights into their strengths, weaknesses, and overall strategies. RouteManager’s last-mile delivery software helps you cut fuel costs, increase revenue, and improve operations. GET A FREE DEMO 2. Start Using RouteManager!

Material Savings 59

Material Savings Optimization Software Logistics Network Optimization Software Cost Reduction 59

WorkWave

MAY 31, 2024

First, it helps in reducing operating costs. They can optimize routes, reduce idle time, and detect any instances of excessive fuel consumption or inefficient driving, leading to lower fuel expenses and decreased maintenance costs. Another area where telematics excels is in optimizing routes. Start Using RouteManager!

Optimization Software 52

Optimization Software Logistics Network Optimization Software Cost Reduction Expense Reduction 52

Locus

OCTOBER 16, 2022

Schedule a Demo Now. Reverse logistics in the last mile is an expensive and complex process that requires data-driven decisions. With advanced analytical insights from fleet tracking software , you can identify the patterns and trends leading to returns and rectify them. Schedule a Demo. Monitor failed delivery attempts.

Reverse logistics 52

Reverse logistics Optimal Sourcing Sourcing Strategies Logistics Network Optimization Software 52

Locus

MARCH 4, 2024

With the ability to streamline processes, cut costs, and leverage advanced technologies, TMS solutions are critical for maintaining a competitive edge. By integrating TMS into their operations, retailers can not only improve efficiency but also drive innovation and make data-informed decisions that enhance their overall supply chain strategy.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Cost Reduction Expense Reduction 52

Locus

MARCH 20, 2023

There’s also a growing trend of customers prioritizing fast delivery options. The process of monitoring and managing the final stage of delivery, which is often the most complex and expensive part of the supply chain, is known as last-mile tracking. Watch this webinar to deliver exceptional customer experiences!

Efficiency 52

Efficiency Optimization Software Supply Chain Planning Software Cost Reduction 52

FreightWaves SONAR

DECEMBER 14, 2020

According to John Schulz of Logistics Management , “ experts’ advice for shippers to try and mitigate those rates is to drive efficiency for carriers by reducing waiting times at terminals, offering ‘driver friendly’ freight and trying to save minutes off drivers’ ever-valuable on-duty time during their runs. ” Request a SONAR Demo.

Freight 64

Freight Supply Chain Software Logistics Network Optimization Software White Paper 64

FreightWaves SONAR

JANUARY 7, 2021

Poor tender acceptance strategies. In other words, logistics leaders must find and apply proactive data management strategies, including: Developing alternative transportation solutions, such as increasing the number of transportation brokerage partnerships. Request a SONAR Demo. Lackluster communication with shippers.

Supply Chain Software 52

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 52