On the Track to Profitability: The Power of Pricing Analytics in Rail Freight

Talking Logistics

The current outlook for the rail freight industry is, at best, mixed. Where rail freight once was the price-competitive transport mode of choice, low fuel prices and increased availability of trucks in the spot market have resulted in low freight rates that are expected to remain low.

[PODCAST] Increasing Parcel Volumes Requiring Shippers to Implement Technology for Parcel Freight Optimization Yielding Reduced Costs

Cerasis

Hello and welcome back to another episode of “The Freight Project Podcast!” We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute.

[INFOGRAPHIC] Will APIs Replace Freight EDI? The Transportation Industry Moves Technology Forward

Cerasis

With data playing an ever increasing role in supply chain, Eye for Transport teamed up with project44 to explore EDI – a technology that has been a core part of how carriers, shippers and 3PLs transmit and share data since 1970. Why does Freight EDI still exist? IS Freight EDI Dead?”.

Trucking & Freight Management Trends to Know in 2019

Cerasis

Freight management is crucial for companies around the globe. Effective freight management reduces delays for consumers, helps companies offer Amazonesque shipping benefits and much more. Shippers that wish to succeed in 2019 need to know the top trucking and freight management trends for 2019 and how they will affect shipping practices, global trade, last-mile , and even drivers. How To Determine Freight Class: Density Calculator & Printable Resource.

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How Analytics Can Help Shippers Combat Rising Intermodal Transportation Costs

Savi

Intermodal Transportation Landscape In a 2017 American Shipper Report on global sourcing, 58% of shippers indicated that their biggest concern today is rising intermodal transportation costs. These numbers signal a robust year for the transportation sector and the economy in general. Earlier this year, DAT Solutions reported that high demand for transportation raised industry prices, and the load-to-truck ratio increased steadily over the course of 2017.

Start Managing Your Inbound Freight More Effectively Today

Talking Logistics

It’s time to make inbound freight a priority and begin reaping the benefits of a program that creates win-win rewards for all supply chain partners. Unfortunately, few shippers make inbound freight a priority, and even fewer consider it a strategic supply chain initiative.

Minimizing Supply Chain Disruption Through Analytics: A Brief Guide

Cerasis

Using analytics in the supply chain has the most potential to dramatically reduce costs of supply chain management, as well as minimizing supply chain disruption. Unfortunately, the upfront investment costs for deploying the technology necessary to use analytics can be difficult to justify, so Warehouse Managers need to know a few things about house analytics to enable the minimization of supply chain disruptions. This is where analytics come into play.

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

Gaining end-to-end visibility across your transportation processes delivers: $32.00 Freight Cost Management eliminates post-audits and disputes. in Freight Cost Savings Per Shipment: Logistics Sourcing activities improve negotiated rates.

Combat Rising Transportation Costs and Driver Shortage With Supply Chain Analytics

Savi

Supply Chain Challenges: Freight Volume Rising, Driver Shortage Growing The shipping industry plays a critical role in world economics. Today’s driver shortage is helping to drive transportation costs higher. driver shortage Featured shippers transportation cost

Value-adding Features of a Great Freight Rating System Within a TMS

Cerasis

Freight rating software is a necessity for shippers and 3PLs. There is more at stake in the choice of a freight rating system. When shopping for a Freight Rating Software System with TMS, look for key points that will add value and provide additional benefits for shippers.

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Spend Matters Awards Chainalytics For Transportation Procurement Innovation

CHAINalytics

Atlanta, GA (April 22, 2019) — Chainalytics, a recognized global leader in supply chain consulting, analytics, and market intelligence, is excited to be named a 2019 Provider to Watch by Spend Matters. “We’re Our inclusion in this year’s list is another testament to the … The post Spend Matters Awards Chainalytics For Transportation Procurement Innovation appeared first on Chainalytics.

How TMS Analytics Can Lead to Actionable Insights & Continuous Improvement

Cerasis

Modern, cloud-based analytics systems within transportation management systems ( TMSs ) have redefined how you strive for continuous improvement. The goal of seeing your freight’s location 24/7/365 is well underway, and TMS analytics are providing insights beyond knowing the shipment’s location. Your opportunities will grow, but how do a dedicated TMS and analytics make this possible? But, this is only the surface of analytics.

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

Cerasis

One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? Transportation refers to the movement of product from one location to another as it makes its way from the beginning of a supply chain to the customer’s handle. Any supply chain’s success is closely linked to the appropriate use of transportation.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. Best-in-class global transportation empowers an organization to optimally manage its supply chains dynamically and holistically.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. Best-in-class global transportation empowers an organization to optimally manage its supply chains dynamically and holistically.

The State of Digital Freight: The 4×4 Blueprint for Freight 2020

Freightos

The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player.

CFO Beating You Up Over Rising Freight Costs? Hit Back with a TMS

Talking Logistics

Freight spend is up 15% year over year and it is eating into the bottom line! What the hell is going on over there in transportation?!” We’re talking, of course, about Transportation Management System (TMS) solutions to digitize and automate transportation processes. .

Blockchain and Supply Chain Analytics: Impact of Small to Large Supply Chains

Cerasis

The value of blockchain and supply chain Analytics is Undisputed, and the capabilities of blockchain Technology are starting to become available two small and midsize businesses, as well as large corporations, such as Walmart.

What You Need to Know About Full Truckload Freight Allocation

Cerasis

Poor visibility in freight allocation is a leading reason shippers experience difficulty in managing freight, and this problem is evidence of a disconnect between the person managing freight and company stakeholders. As explained by Dan Goodwill via Canadian Shipper, the problem goes much further than that, including lacking compliance management, subpar, if any, use of transportation management systems (TMS, and failure to utilize granular shipment activity data.

Transportation Procurement in India

CHAINalytics

By Linsa Godwin Sathiamoses | Consultant, Transportation, Chainalytics | Procuring transportation services is an important activity on the supply chain calendar. By all accounts, shippers in Europe and the Americas are using transportation and analytics […].

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Revenue Management for Rail Freight Profitability

Talking Logistics

The current outlook for the rail freight industry is, at best, mixed. Where rail freight once was the price-competitive transport mode of choice, low fuel prices and increased availability of trucks in the spot market have resulted in low freight rates that are expected to remain low¹.

The Role of Emerging Technologies in Managed Transportation Services

Talking Logistics

When I ask shippers what they look for in a logistics or transportation management partner, technology capabilities — and the data and insights those technologies provide — is always near the top of the list. Of course, the technology landscape is very different today compared to 5-10 years ago, with blockchain, machine learning, real-time freight visibility, and other emerging technologies dominating the headlines.

Freight Brokers Continue to Show Their Value

Logistics Trends and Insights

Definitely benefiting from a healthy economic climate; however, it was their freight brokerage divisions that really shined. In fact, freight brokerage in general continue to shine bright thanks to capacity constraints within the trucking industry. freight brokerage firm, C.H.

The Transportation Management System Barbell

Talking Logistics

One of my supply chain and logistics predictions for this year was that the transportation management system (TMS) market will become more barbell-shaped ( mirroring what is happening in the third-party logistics industry ). “We’re

Chainalytics Partners with Mexico-based Consulting Firm Tsol to Launch Intra-Mexico Freight Benchmarking Service

CHAINalytics

Atlanta, GA (March 11, 2019) — Chainalytics, a global leader in supply chain consulting, analytics, and market intelligence has entered into a strategic alliance with Tsol, a Mexico-based consulting firm and logistics technology provider, to deliver its freight rate benchmarking service within Mexico.

Full Truckload Technology: The Various Technology Involved in Full Truckload Freight Shipping Management

Cerasis

Statistics on the industry-wide use of a transportation management system (TMS), like the Cerasis Rater, are lacking. In full truckload freight management, technology will make or break plans for keeping freight spend in check. Demand for record-breaking speed of delivery and free shipping are only making the case for greater use of technology in full truckload freight shipping management, and shippers need to understand why. Big Data Analytics.

[PODCAST] Why Supply Chain Executives are Paying More Attention to Transportation Management

Cerasis

Hello and welcome back to another episode of “The Freight Project Podcast!” We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. Podcast Supply Chain TMS Transportation Management

Current State of the Logistics and Freight Economy

Cerasis

From cloud-based systems to transportation management, the state of the logistics industry is evolving to expand an increasing number of services. Although an initial view of the logistics and freight industry seems stale, it represents how the flow of goods and services are sprouting and delivering more with fewer resources. So, the conversation needs to turn toward another aspect of how 3PLs influence the state of the logistics and freight economy, digitization.

E-Commerce and TMS: The Role of Transportation Technology for Shippers to Kill It at E-Commerce

Cerasis

By 2020, the value of B2B e-commerce will surpass $1 trillion, and manufacturers, distributors, retailers, reverse logistics managers, third-party freight brokers and logistics services providers are working to keep up with the trend. E-Commerce Logistics Technology TMS Transportation

The Benefits of Maintaining Transportation Sourcing Analytics through a Platform Dashboard

CHAINalytics

However, this article will focus primarily on the tools aspect of the sourcing … The post The Benefits of Maintaining Transportation Sourcing Analytics through a Platform Dashboard appeared first on Chainalytics.

Mobile Technology in Transportation Management & The Future Impact on the Supply Chain

Cerasis

However, mobile technology is not new to the transportation world. For mobile technology and transport, the theoretical tipping point is in our rearview mirror. Mobile Technology in Transportation Management Impacts all Points Along the Supply Chain.

Understanding How Parcel Cost Control Reduces Total Transportation Costs

Cerasis

As a result, average shipment size has dwindled, driving increases in parcel freight spend. Understand Accessorial Charges Contribute to 20 Percent of Total Transportation Costs Parcel cost control must underscore the importance of controlling accessorial charges, including fuel surcharges and surcharges not otherwise specified, like Saturday delivery, next-day delivery, and hazardous material handling. Small Package Transportation

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I visited the BVL Kongress in Berlin, and also attended the International Institute for Analytics ”Chief Analytics Officer” meeting last summer. We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics. Not surprisingly, analytics is at the top of the list. Supply Chain Analytics Will Emerge as a Key Enabler to Performance. 2013 has certainly been an interesting year!

7 Challenges Facing Supply Chain Leaders in 2019

CHAINalytics

Blog Feature Integrated Demand & Supply Planning Managed Analytics S&OP Supply Chain Design Supply Chain Operations Transportation Cost-to-Serve E-Commerce ELD Freight Capacity freight transportation IBP macroeconomic trends make or buy network optimization Omni-channel risk management segmented planning supply chain alignment supply chain innovation Supply Chain Network Design supply chain segmentation supply chain technology talent management

Is The Freight Capacity Crunch in Trucking a Myth?

Cerasis

The freight capacity crunch has dominated supply chain and logistics since 2014, and many shippers fear it will arrive sooner than many experts believe. The Freight Capacity Crunch Has Not Yet Reared Its Head. The freight capacity crunch remains an object of speculation in among logistics providers and shippers. The most influential aspect of a freight capacity crunch is its impact on rail and intermodal shipping options. Capacity Crunch Freight

3 Requirements for Meaningful & Useful Data in Transportation & Business

Cerasis

As data in transportation becomes more abundant and readily available, the question of “ What data is available ?” These should include the exact analytics needed, the timing of report generation, and parties within your organization responsible for collaborative evaluation. LinkedIn The post 3 Requirements for Meaningful & Useful Data in Transportation & Business appeared first on Freight Logistics Company | Cerasis.

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How to Design the Right Solution in a Dynamic Transportation Environment

Talking Logistics

These influences are changing shipper and LSP transportation requirements in real time, which creates a need for designing the right solution to address those challenges. Designing a solution to better manage transportation involves a 3-step approach: Evaluate and understand the current state.