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The freight transportation industry has always been slow to adopt new advances in tools, software and automation. However, 2020 helped shed light on just how behind the industry is compared to others. Prioritizing moves based on inbound and outbound data trends. Industry expert guidance as a best practice.
Download WhitePaper. Download WhitePaper. The Guide to Proactive Inbound, Outbound, and Reverse Enterprise Parcel Management. Download WhitePaper. The Guide to Reduce Parcel Shipping Costs thru Effective Transportation Management Practices. The Wonderful World of Managing Parcel Shipping Spend.
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.” . Empty miles.
Today’s shipping and transportation industry has changed in several ways, even over just the last few years. Identifying current inbound and outbound rail volume rates in the current market. Download the WhitePaper. Predicted inbound and outbound fuel and maintenance budgeting needs.
Maintaining overall efficiency within the OTR trucking industry relies on having access to a network of both national and regional providers. Download the WhitePaper: Over the Road Freight Management Trends. Download the WhitePaper: Over-the-Road (OTR) Freight Management Trends. Learn More.
The guides outline the goals and the specific needs of individual carriers, load types, destinations and industry niches. Download the WhitePaper. Both inbound and outbound goods and shipments benefit from the inclusion of data and analytics , real-time tracking, automated processes, and modern technology.
The freight brokerage industry has traditionally focused its attention on the training and development of its customer sales staff. In our recent whitepaper , we discussed the growing importance of carrier utilization. Photo: Jim Allen/FreightWaves at Edge Logistics. This will be key in 2021.
For instance, using the trends and seasonality within the Outbound Tender Rejection Index, shown above , logistics coordinators can create responses to RFPs based on like a higher all-in rate. Download the WhitePaper. Proactive planning is among the most effective weapons logistics managers have in their arsenal.
Unfortunately, disruption and market volatility – sudden changes within the industry – will often have a dramatic effect on the spot market. Freight management remains an industry in which balance reigns supreme. Download the WhitePaper. As the industry moves past the anniversary of the initial U.S.
It is essential in organizing activities in the transportation industry effectively and efficiently. The challenges that the transportation industry faces are enormous. Government regulation that touches on aspects of volume and carriage is another force that’s in play in the industry. Download WhitePaper.
If negotiations rely on an understanding of all inbound and outbound freight statistics and processes, lacking information will result in strong variances between rates and trouble securing available capacity. Full Truckload WhitePaper Series. Access our complete Full Truckload Shipping WhitePaper Series.
Data represents an integral part of daily life for most people, and it is no different within the transportation industry. Download the WhitePaper. Optimize routes based on the whole picture, including intermodal Optimization of delivery lanes represents a different and much more involved approach than it looks on a paper map.
Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Outbound freight costs as percentage of net sales.
The Guide to Proactive Inbound, Outbound, and Reverse Enterprise Parcel Management. Get Your Free WhitePaper Today. 2) Fast Transaction Processing When it comes to shipping, especially in the eCommerce industry where shipping is “free,” there is pressure to do it better, cheaper, and faster than the next guy.
For instance, as carrier rejection rates increase in outbound tenders, shown above, rates will climb, and predictions within the current FWS7.USA Download the WhitePaper. USA ticker show a trend toward significant increases going forward. According to John D.
Inability to account for market fluctuations due to disruptions Within the manufacturing supply chain industry, there is a question about whether disruptions will happen and when they will occur. And lane-by-lane insights are critical to account for that disruption among raw material suppliers and the flow of outbound freight.
I hope we can agree that Amazon will disrupt an industry if it wants to. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. It’s simple: you mix your own outbound shipments with inbound and outbound 3rd party deliveries so the truck is never empty. So how does this work?
The Ocean TEU Index measures booking requests for capacity, much like the Outbound Tender Volume Index (OTVI) does for domestic trucking. Download the WhitePaper.
Handheld scanners and signature pads, barcode and label printers, smartphones, tablets, and wireless scanners have the potential to provide end-to-end visibility for inbound shipments , making shippers capable of handling more inbound orders to process more outbound orders. Download whitepaper.
Transportation only provides a partial picture of an industry. Download the WhitePaper. That includes compliance with the inbound freight routing guide and outbound activities. The most relevant example of this need for added complexity is the pharmaceutical industry. Finance analytics capabilities.
As the concept developed, it extended beyond managing inbound and outbound flows. The sad fact is that most companies’ logistics function are still struggling with legacy systems, to the detriment of their customers, and ultimately to their industry. It quickly became a way to gain end to end supply chain visibility and mitigate risk.
Download the WhitePaper. Outbound and inbound data. . Compare findings to industry trends. It’s important to compare freight spend analysis results against industry benchmarks. And by using devices connected to multiple systems using technologies like API or the IoT, a company gains more visibility.
Even during times when the industry is described as “a shipper’s market,” figuring out what to expect has proven difficult at best. The disruption forced many industries around the globe into a sonic-class boom of growth. The supply chain is everywhere and affects every industry on the planet.
In a VMI model, part of the equation is the inbound & outbound flow of the inventory. If you are looking to optimize VMI in regards to transportation management, contact Cerasis today to speak to one of our Account Executives or read our whitepaper on Inbound Freight Management.
While isolating a per-mile rate is great, it does little good to identify the low-hanging fruit that resounds throughout the industry. Download the WhitePaper. A successful freight pricing strategy is not as simple as it sounds. Think about it. How to leverage data to future-proof your trucking company pricing strategy.
Shifting modes from LTL freight to truckload freight on the initial outbound leg of the shipment consolidates all of the orders into one master bill of lading, reducing costs. Applying the above optimization practices requires data analytics and tech-driven solutions powered by industry experts.
Positioned between a shipper’s enterprise resource planning system ( ERP ) or other legacy solutions and its warehouse management system ( WMS ), TMS automates the inbound and outbound shipping processes. Turning to Kuebix for help, Sensata decided to automate and streamline its outbound freight process. Download Now!
Yet, truck industry analyses and insight into existing conditions can help safeguard against uncertainty. Therefore, the pressures placed on last mile delivery may have a compounding effect, forcing truck industry participants to grapple with inefficiencies and grow more strategic. Download the WhitePaper.
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