article thumbnail

6 Truckload freight spend optimization best practices

FreightWaves SONAR

Track truckload freight accessorial costs As reported by Inbound Logistics , “Carriers price accessorials, such as liftgate or non-commercial delivery, at a premium. More importantly, the type of carrier, whether asset-based or a lite carrier, may impact the risk of accessorials and overall pricing as well.

article thumbnail

Now or Never: Why Supply Chain Sustainability is Non-Negotiable in 2022

Locus

Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. This was followed by heavy rainfall that flooded which caused lumber companies to scale back production, leading to a rise in the prices of wooden products in the United States. Schedule Demo.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supplier Relationship Management: Expert Guide for Field Service

WorkWave

Supplier Relationship Management (SRM) is a critical component for field service organizations looking to optimize their operations and ensure the highest level of quality and efficiency in their supply chain. What is Supplier Relationship Management (SRM)?

article thumbnail

Inventory Replenishment Strategies that Increase Profits

EazyStock

Managing variable supplier lead times. As time passes, this can become obsolete and may need to be sold at heavily discounted prices or even written off as a bad investment. But striving for the cheapest unit price isn’t always the most cost-effective way to procure a product. Ensuring accurate demand forecasting.

article thumbnail

[WHITE PAPER] Data in the fast lane – managing automotive logistics amid component shortages

FreightWaves SONAR

Maybe that’s not exactly true – there are also issues related to the semiconductor shortage, such as record used vehicle prices, consumers buying early in order to get their desired vehicles, and vows to ditch just-in-time inventory management. Request a SONAR Demo. Request a SONAR SCI Demo.

article thumbnail

Winning strategies for distributors and manufacturers during an economic downturn

EazyStock

The distributors who gained a significant strategic advantage over their competitors had a laser focus on profitability during the downturn, a strong emphasis on margin management through disciplined pricing and category management, careful control of costs, and finally, the willingness to invest in priority growth opportunities.

article thumbnail

Expressive Bidding for freight RFQs: More flexibility for better offers!

Transporeon

Depending on the mode of transport and the type of product being shipped, the offer matrix can contain individual price components and different quantity structures and units, along with additional information that can make comparisons difficult.