Logistics Viewpoints

APRIL 10, 2024

For example, a robust supply chain may have backup power generators, firewalls, security systems, and emergency plans to prevent or mitigate the effects of disruptions. For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems.

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Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 131

FreightWaves SONAR

FEBRUARY 26, 2021

Market activity describes the nationwide and granular trends affecting available capacity, timeliness of transit and on-time, in-full deliveries. Leading metrics for tracking overall and market-specific activity include: Inbound and outbound load daily change rates, like the Outbound Tender Volume Index (OTVI) in FreightWaves SONAR.

Trucking 96

Trucking Freight Price Reduction Cost Reduction 96

Trinity Logistics

OCTOBER 16, 2023

An example can be seen the Los Angeles market. in the past 90 days, outbound volume from this market has increased almost 23 percent and the rate of carrier rejections has also shown an upward trend by over 50 percent. It will be important for shippers, carriers, and brokers to keep an eye on activity around U.S.

Freight 118

Freight Logistics Network Optimization Software Outbound Trends 118

FreightWaves SONAR

NOVEMBER 19, 2020

Consider this example. Yes, AI and machine learning build on algorithms to isolate historical trends and derive a likely transportation rate. And the past data trends are obsolete and rapidly becoming more so. Consider this example. . But that principle does allude to another issue. But this is 2020.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

Conger

JULY 28, 2022

Plenty of examples of warehousing. Perhaps the most prominent fulfillment center example is Amazon’s fulfillment centers. A cross-docking warehouse is where goods from inbound trucks are sorted and routed to outbound trucks for final delivery to the end-user. For example, take Co-op Partners Warehouse in St.

Examples 52

Examples Definition Supply Chain Design Software Supply Chain Software 52

Now, That's Logistics

NOVEMBER 2, 2021

To help reduce empty or “deadhead” miles, for example, the global logistics provider works to ensure that trucks leaving Mexico for the US are filled—or, as close to filled as possible—both on their outbound and return legs. This not only increases capacity for shippers, but it also supports supply chain sustainability (i.e.,

Trucking 78

Trucking Trends Cost Reduction Supply Chain Software 78

FreightWaves SONAR

MARCH 5, 2021

Lane Signal considers the following indices: Outbound Tender Volume Index Outbound Tender Rejection Index Headhaul Index for both origin and destination Inbound Tender Volume Index Inbound Tender Rejection Index. Here are three examples for how to use this product in real-time. Use the destination market as leverage.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

Log-hub

AUGUST 14, 2024

Here are some real-life examples of successful supply chain optimization across various industries. Optimize Logistics: Walmart uses a network of strategically located distribution centers and employs cross-docking, where products are directly transferred from inbound to outbound trucks, reducing time and costs. Explore NEED SUPPORT?

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Optimization Software Inventory Reduction 40

FreightWaves SONAR

MARCH 15, 2021

In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. Knowing the trends of the lanes can help widen their margins. .

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

APRIL 4, 2024

For instance, by tracking outbound tender volumes and rejections across each KMA, logistics experts can gauge fluctuations in supply and demand across the entire market. Curious about how KMA trends can inform an effective supply chain strategy? Reach out to our team to learn more.

Supply Chains 52

Supply Chains Optimal Sourcing Freight Outbound 52

Now, That's Logistics

DECEMBER 16, 2020

As part of that commitment, the logistics provider worked hard to keep everyone “in the know” about the latest logistics trends, opportunities, and challenges—even as the environment was changing daily. Here’s a rundown of our top-ranked blogs from 2020: #1) A Focus on Health and Safety in the Warehousing Environment.

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Blog Logistics Network Optimization Software Logistics Factories 33

Talking Logistics

MAY 25, 2017

I participated in the transportation management track, where I delivered a presentation on the future of transportation management, covering some of the emerging trends in the industry, including driverless trucks, drones, 3D printing, and blockchain. As always, Momentum offered plenty of learning and networking opportunities.

Supply Chain Design Software 25

Supply Chain Design Software Supply Chain Planning Software Conference Modeling Software 25

Talking Logistics

MARCH 19, 2019

Although the ship dates in your dataset will not be consistent week over week (this is ok), you will still be comparing the same account numbers looking for week-over-week trends. Although not perfect, this will allow you to uncover troubling trends week over week, month over month.

Packaging 109

Packaging Data Trends Outbound 109

FreightWaves SONAR

APRIL 25, 2023

When operating minibids or short-term RFPs, or when pricing individual loads, it is important to understand the directional movement of freight trends in order to be proactive in your pricing strategy. New features are available in Market Dashboard+ that help users quickly identify trends and market movement.

Negotiating Skills 52

Negotiating Skills Price Reduction Supply Chain Planning Software Outbound 52

GlobalTranz

APRIL 21, 2017

Cloud-Based Data Analytics Identify Trends and “Concerns.”. Cloud-based TMSs utilize analytics to identify key trends that not obvious. For example, everyone knows that sales will peak around the holidays, but analytics can identify peaks that happen when you think you are in a lull. The Big Picture.

Supply Chain Planning Software 64

Supply Chain Planning Software Vendor Strategies Optimization Software Inventory Reduction 64

Logistics Bureau

JULY 18, 2022

For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Now you know what your customers genuinely expect from your outbound and reverse supply chain, so it’s time to undertake a gap analysis.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time. Outbound KPIs. Manufacturing KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

CLX Logistics

APRIL 26, 2019

For companies willing to embrace opportunities for improvement across the entire supply chain, here’s a look at the top transportation procurement and benchmarking trends. The good news is, shippers have more access to data than ever before, which brings us to trend number two. Taking an Integrated Approach to Transportation.

Optimal Sourcing 45

Optimal Sourcing Negotiating Skills Procurement Cost Reduction 45

FreightWaves SONAR

JUNE 27, 2024

This breaks a trend of nearly two years of low volatility for the region. The Southeastern region is the second-largest outbound region for freight in the U.S., The largest outbound market is Atlanta. Atlanta, the regional hub, has been the nation’s second-largest outbound market in 2024, accounting for roughly 3.4%

Capacity 52

Capacity Outbound Trucking Inbound 52

Logistics Viewpoints

DECEMBER 7, 2021

Most shippers currently face a long list of challenges thanks to some well-known trends. E-commerce order volume keeps climbing, straining carrier capacity with shippers sending more parcels outbound and receiving more returns inbound. A growing number of shippers now embrace the gig economy to get orders to customers, for example.

Price Reduction 108

Price Reduction Cost Reduction Inventory Reduction Capacity 108

Logistics Bureau

DECEMBER 24, 2024

Many enterprises have taken heed and determined that inbound and outbound transport and warehousing are consequential processes of their business rather than fundamental or core processes. For example, companies that have their own in-house vehicle fleet often struggle to deliver products on time.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

GlobalTranz

MAY 31, 2018

The Freight & Transportation Management Trends to Know in 2018. Describe the Outbound Transportation This description covers the movement of an outbound load from the company premises/warehouse to the customer’s destination. In some circles, it is considered as the traffic and risk management plan. Download White Paper.

Tips 65

Tips Transportation Outbound Vendor Strategies 65

GlobalTranz

FEBRUARY 25, 2021

For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. For example, ISO standards mandate the proper disposal of electronics to prevent data theft. How to Optimize Your Return Logistics Through Integration.

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Reverse logistics Inventory Reduction Cost Reduction Manufacturing Procurement 84

FreightWaves SONAR

FEBRUARY 8, 2021

With that in mind, carriers of all sizes must consider the average inbound and outbound volumes, when to reject or accept freight loads , the standard rates expected within individual markets and how global trade will inevitably impact the U.S. As the industry moves past the anniversary of the initial U.S. trucking market.

Price Reduction 94

Price Reduction Freight Resource Reduction White Paper 94

FreightWaves SONAR

SEPTEMBER 1, 2021

For example, the Outbound Tender Volume Index (OTVI) is a 7-day moving average of shippers’ requests for capacity. Inbound volumes are traditionally softer prior to the storm, as carriers don’t want to be stuck in a potentially affected area, but will increase following the storm as relief efforts begin.

Freight 98

Freight Inbound Demo Events 98

Talking Logistics

AUGUST 29, 2018

I asked John and Brian to share some examples of how their customers have driven real value from transportation visibility. For more details on these customer examples and other insights on supply chain visibility, I encourage you to watch the full episode. Then post a question or comment and share your perspective on this topic!

Supply Chain Software 78

Supply Chain Software Supply Chains Modeling Software Logistics Network Optimization Software 78

Transporeon

SEPTEMBER 20, 2018

Demand for both outbound and inbound freight remains highest in the Southeast, Texas and Upper Midwest regions, with demand outpacing available carrier capacity. Key Trends in Transport Logistics , RWTH Aachen University & Transporeon). Nearly half of U.S. Shippers should digitally network with transportation service providers.

Price Reduction 101

Price Reduction Cost Reduction Resource Reduction Capacity 101

FreightWaves SONAR

JANUARY 5, 2021

And if wait times do grow too long, carriers can turn to freight data to show general trends and bill detention charges accordingly. After all, trends, lane shifts, throughput and transparency data can now be used to make more hauls and avoid unexpected costs or delays. . It contributes to and improves overall customer satisfaction.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

Talking Logistics

FEBRUARY 12, 2018

Back in 2003, for example, Larry Ellison, Oracle’s CEO at the time, emailed a colleague that “within the year every analyst will agree that best of breed is dead — except at dog shows.” The Old ERP vs. Best-of-Breed Debate. The conversation reminded me of the old ERP vs. Best-of-Breed debate.

Supply Chain Software 78

Supply Chain Software Supply Chain Technology Supply Chains Logistics Network Optimization Software 78

Logistics Bureau

OCTOBER 20, 2021

As an example of how illuminating the perfect order KPI can be, let’s look briefly at damage-free delivery as an example. For example, if the on-time percentage is 98%, the in full is 93%, the damage-free is 99%, and the orders with correct documentation is 96%, the calculation will look like this…. x 0.96 = 0.8661.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 98

GlobalTranz

MARCH 13, 2015

There are plenty of different shipping companies out there, and using a transportation management system to manage all inbound and outbound shipping needs will put those shippers who use one at an extreme competitive advantage. This gives users a visual depiction of an “At a Glance”, prior and current Quarter’s Transportation spend trend.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

Logistics Viewpoints

MAY 20, 2022

We are seeing it now in terms of truck drivers and warehouse workers, and Walmart is an example of a company that has been trying to get ahead of these shortages by offering higher wages and on-the-job perks. The program director suggests that Suzaka avoided between 400-500 other vessels on the water during its outbound trip alone.

Supply Chain Design Software 109

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Waste Reduction 109

GlobalTranz

FEBRUARY 2, 2015

In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Further, Fleet Equipment magazine identifies six emerging trends in the dynamic commercial vehicle aftermarket. One of these trends deals with utilizing the latest inventory management techniques to manage customers to “lean”.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94

Penske Move Ahead

AUGUST 27, 2024

This year, 75% of all the outbound products are being hauled on the back of private carriers, and that's an all-time high,” said Tom Moore, NPTC executive vice president. Private fleets expect to add drivers and equipment over the next five years, continuing a trend that has been consistent for the past decade.

Sourcing Strategies 54

Sourcing Strategies Survey Cost Reduction Modeling Software 54

GlobalTranz

SEPTEMBER 16, 2016

Third party logistics (3PL) is the function by where the owner of goods outsources numerous components of the supply chain to a 3PL company that can perform the management function of the clients’ customs, inbound freight, distribution, warehousing, order fulfilment and outbound freight to the client’s customers. Professional Service.

3PL 101

3PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 101

Now, That's Logistics

NOVEMBER 29, 2022

These and other positive trends may prove beneficial for shippers as we head into 2023, while lower demand and stabilizing freight rates are likely to have an opposite effect on ocean carriers. After two years of pandemic-driven turmoil, the ocean shipping environment began moving in a more “normalized” direction about midway through 2022.

Price Reduction 60

Price Reduction Factories Cost Reduction Freight 60

FreightWaves SONAR

JUNE 5, 2023

In this blog post, we’ll walk through some of the obstacles to medium-term demand planning, consider how high-frequency supply chain data can help fill the informational gaps that companies are grappling with, and then look at a real-world example of how the data in FreightWaves SONAR can give insight into the goods economy.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52