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Those who find themselves unable to keep up with modern trends often fall by the wayside, making the use of these innovative technologies even more crucial. To help carriers learn how to apply and deploy data more effectively, this whitepaper will explore: The uses of data to allocate and manage assets. Request a SONAR Demo.
Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Download the WhitePaper. Strong and versatile logistics strategies depend on this data.
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. That gave rise to a new time pricingstrategy, dimension (DIM) pricing. . Download the WhitePaper.
The importance of an omnichannel supply chain strategy cannot be overstated. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service? Poor performance of new offerings leads to reduced profitability, reports McKinsey & Company. Download WhitePaper. GET YOUR COPY HERE.
The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper.
As explained by the Harvard Business Review , “consumers will continue to want low prices (especially in a recession), and firms won’t be able to charge more just because they manufacture in higher-cost home markets. Prioritizing moves based on inbound and outbound data trends. Competition will ensure that. Visualization capabilities.
Amazon acquired Whole Foods and dropped the price of Prime Pantry through Prime Perks. Walmart has a different approach, and in several ways, Walmart is positioning itself to best Amazon in e-commerce through an innovative, omnichannel return strategy. Download whitepaper.
To achieve lasting success, shippers need to understand how e-commerce shipping strategies are quintessential steps in this process. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. GET YOUR COPY HERE. Try to avoid profitability in shipping.
However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. ” This means knowing how a carrier or shipper approaches freight pricing.
True transportation cost analysis goes well beyond benchmarking to analyze, monitor and forecast trends that can be used to the shipper’s advantage. A trend that continues among shippers nationwide is better monitoring and utilization of analysis within the supply chain. Download the WhitePaper. Consider this fact.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. While CMA CGM capped its spot rates, vessel charter prices, congestion, and even overall spot rates show no signs of easing. Request a SONAR Demo. Request a SONAR SCI Demo.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Import volume levels continue to outperform year-ago levels. Request a SONAR Demo. Request a SONAR SCI Demo.
While we’re happy to leave 2021 in the rearview mirror, many of the same trends will impact the truckload market in 2022. In our whitepaper, 2022 Logistics and Supply Chain Trends and Outlook , we cover many of the lingering effects of the past two years, and the newest challenges truckload shippers can expect to face in the year ahead.
And the overall industry trucking trends imply an absolute need to grow more strategically. For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. Download the WhitePaper. This must always remain the focus of the entire supply chain.
One year ago, we wrote a whitepaper in which we estimated that the top five paper and packaging companies in the U.S. Packaging inflation is clearly part of a larger inflationary trend that has created headaches for shippers also facing higher costs for raw materials, labor, contract manufacturing and freight.
Just a few years ago, many faced repeated price increases of more than 10-15 percent over . Centralized freight management drives efficiency and eliminates the hassle of traditional, chained-to-the-desk management styles. Download the WhitePaper: Over the Road Freight Management Trends. Learn More.
Unfortunately, companies that fail to stay in line with the top 2019 logistics trends could face uncertainty and lost competitive advantage, so let’s look at some of the top trends shippers should know to stay successful. The Top Logistics Trends that Will Impact Logistics Management in 2018?. GET YOUR FREE WHITEPAPER.
on-highway diesel fuel prices are up $0.898 from the end of August 2020. Download the WhitePaper: Over the Road Freight Management Trends. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. Reducing Reliance on Outdated Systems and Technology. According to the?
They tend to follow similar lines and influence services and prices throughout transportation networks. According to Supply Chain 24/7 , “ truckload service optimizes trailer space and moves freight [without extra stops that will] eliminate wasted trips, reducing greenhouse gas emissions by up to 40%.”
Figuring out the best strategy for managing fleet assets can be difficult at best. Unlike contracted rates, the spot freight market is full of wild price swings and uncertainty. Even with the big decline last year, spot prices have averaged 2%. Download the WhitePaper.
The ability to monitor market volatility insight s and trends can give shipping managers the ability to make intelligent choices about freight logistics. . Download the WhitePaper. This can help reduce uncertainty in the various lanes and reduce the network’s impact.
Omnichannel has been a buzzword in supply-chain circles for several years, but retailers that have invested in implementing omnichannel strategies have shown less than superior results, says Steve Dennis via Forbes. These problems show weaknesses and overlooked concerns when implementing omnichannel supply chain strategies.
Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricingstrategies. When the freight market meets expectations and is less volatile, it is easy for shippers and carriers to not look at inefficient processes or their transportation procurement strategy.
Tracking market trends within truckload rates relies heavily on data and analysis. Knowing how to predict truckload rates at scale, using technology like SONAR SCI’s Lane Acuity , and how to adapt to market trends quickly will help improve RFP processes and boost bid acceptance and capacity procurement. . Download the WhitePaper.
As demand for e-commerce accelerated, notes John Koetsier of Forbes , trucking carriers gained extreme favor in pricing power. In turn, carrier freight pricing guidance must be attuned to the fluctuations within individual needs, and that’s despite the use of end-to-end trucking analytics. Download the WhitePaper.
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. Download the WhitePaper. Unify pricingstrategies with freight forecasting tools The final step to getting more from your fleet requires freight forecasting tools.
More recently, with the rise of interconnected systems, the analytics to derive value from those systems seems, and decreased costs, RFID is resurrecting as a solution for increasing supply chain management (SCM), visibility into processes, and reducing inventory tracking costs. Download whitepaper.
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. Download the WhitePaper.
Poor tender acceptance strategies. Download the WhitePaper. If an incoming tender has a destination with minimal backhaul opportunities, carriers should price that tender based on the total costs, including the lost revenue that may result from driving empty miles. Lackluster communication with shippers. Empty miles.
FreightWaves scientific rates are predicting a return to a slow downward trend after the impacts of the past month’s winter storms recede. The overriding trend prior to these storms was that of a slow loosening of the market, as indicated by existing predictive capabilities Remember that the need to stay strategic is paramount.
What’s driving the change in ocean shipping and how does SONAR help shippers see the trends The import boom appears far from over, and it will have implications long after this wave of unprecedented orders subsides. Download the WhitePaper. And it’s critical to see what’s happening within the chart of the week.
It is that time of year again when we at Cerasis take a global view of what trends to expect in supply chain management throughout the remainder of the year. So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. Automation trends.
Warehouse managers face constant pressure to move more products, reduce damage, improve order cycle times, boost employee morale, and more. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. Improving network-wide inventory visibility.
Download the WhitePaper. And according to a report by Parcel , accessorial prices keep growing year after year and are now estimated to account for a staggering 40% of shipping costs and expenditures. OTR modes are highly dependent on one another for rate changes and volatility.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. Data can be viewed and shared easily—whether on mobile, tablet or desktop—meaning collaboration is easier, duplication of work is eliminated, and there’s capacity for better customer service.
Supply chain managers and leaders need to understand which technology trends will be the dominant forces of change and continuous improvement in the coming year. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. The IIoT Will Be Standardized.
Yard management has closely mirrored warehouse management for years, but it lacks behind on the use of new technologies to reduce delays, improve productivity , and decrease risks. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper.
Download the WhitePaper. Increased insight into market conditions helps with freight spend management Freight market conditions and trends greatly affect all methods of shipping and transportation. So, giving proper attention to drayage planning, along with proper data acquisition and use, reduce the chances of such delays.
In our recent whitepaper , we discussed the growing importance of carrier utilization. Shippers will not be willing to accept a lack of trucking capacity or last-minute price changes in an industry that is becoming more transparent. Send them a screenshot, like the one below, to let them know the current rate trends.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. Let Veridian Help You Reinvent Your Inventory Management Strategy Now In an omnichannel-driven world, inventory management is everything.
Adopt a strategy of having product in warehouses across the country or world. The Top Logistics Trends that Will Impact Logistics Management in 2018?. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. Lower Shipping Costs Depending on what you sell, your shipment costs could exceed your product price.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. The supply chain manager has to understand the market, analyze the trends, and predict rapid fluctuations to some extent. It’s a vibrant position that requires commitment and skill.
Next, your target audience in that market is super demanding both in terms of the price and quality. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. Also, the local government’s regulations are a bit strict regarding your local footprint.
We have also now published an e-book , put out several whitepapers , and held several webinars. These 50 articles truly cover the gamut of our categories, but what is clear is that people love Infographics and they love trends. . INFOGRAPHIC] Expert Reveals 7 Supply Chain Trends to Watch.
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