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Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynote speaker. This solution provides insights in a much easier way to digest.

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5 shipping trends for 2021 for carriers to know

FreightWaves SONAR

With the havoc 2020 caused, can shipping trends get any worse? And demands for 2021 already reveal strife in procurement in the shipping industry and visibility through all operations, including carrier troubles. Preparation becomes the name of the game in shipping trends, and being ahead becomes the new normal.

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SONAR Indices & Insights: Improve Freight Shipping Procurement with SONAR SCI’s Lane Acuity Plus

FreightWaves SONAR

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

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Advancing Transportation Procurement: The Shift From Spreadsheets to Software

FreightWaves SONAR

For shippers, the approach to transportation procurement is evolving. However, with the advent of specialized software solutions like Keelvar, Emerge and Jaggaer, there’s a noticeable shift in how transportation procurement is managed.

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How LTL shipping rates work and how to track trends developing in long-term pricing agreements

FreightWaves SONAR

Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. How to track trends developing in long-term pricing agreements. Request a SONAR Demo.

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Integration Chatbot: How Forwarders Can Streamline Procurement

RPA Labs

In every mode of transportation, 2022 has revealed a rate trend that continues to increase. With minimal capacity at maximum cost, freight forwarders are looking for ways to streamline procurement, and leveraging an integration chatbot is one way to achieve that goal. How an Integration for Chatbot s Boosts Collaboration With Carriers.

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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. Lacking data promotes trouble in annual contract capacity procurement during times of volatility. Together, it promotes continued route optimization and use of strategic transportation procurement practices.