Freightos

DECEMBER 20, 2022

The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). Freight rates as a forward looking indicator of CPI. Let’s start by taking a look at global ocean freight prices. Sources: U.S.

Purchasing Skills 156

Purchasing Skills Analysis Cost Reduction Strategies Freight 156

The Logistics of Logistics

MARCH 25, 2022

The Air Freight Market with Eric Kulisch . Eric Kulisch and Joe Lynch discuss the air freight market. Eric is the Air Cargo Editor at FreightWaves, the leading FreightIntel provider, offering current digital intelligence and context to the freight community on a central platform. Key Takeaways: The Air Freight Market.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Analytics Software Freight Cargo 130

Freightos

APRIL 25, 2024

Source: Freightos Air Index The Commercial and Ethical Impact Beyond the underlying costs, U.S. Both are exploring efforts that include shifting to ocean freight and establishing warehouses in the U.S., Expanding ocean freight efforts or scaling up domestic fulfillment centers may reduce air cargo demand and, as an extension, rates.

Cargo 156

Cargo Cost Reduction Strategies Price Reduction Material Savings 156

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

Also in road freight vehicles, battery-electric or hydrogen-powered drivetrains are close to market launch. This article sheds some light on sustainability considerations at the carrier-shipper interface by analyzing recent survey data. Thus, freight buyers need to do more to integrate decarbonization into their procurement practices.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

Freightos

JUNE 6, 2023

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. to 0.85 (Source: ShipBob ). One of the most prominent shifts has been sourcing patterns. The key takeaway?

Manufacturing Procurement 248

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 248

GlobalTranz

DECEMBER 22, 2020

The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. To help shippers prepare, we will examine contributing factors that will play a significant role in the 2021 truckload freight market. Home baking was another trend that tightened capacity.

Forecasting 156

Forecasting Forecasting Software Freight Inventory Reduction 156

Logistics Viewpoints

NOVEMBER 8, 2023

The dashboard is part of a broader Sustainability Hub, which allows companies to collaborate and access freight emissions from FourKites tracked freight. FourKites Sustainability Dashboard also enables companies to identify the highest source of freight-related emissions across the supply chain.

Benchmarking 217

Benchmarking Sustainability Optimal Sourcing Sourcing Strategies 217

SCMDOJO

APRIL 9, 2024

From the ubiquity of the Internet and various electronic gadgets, we are now in the era of next-level digital space where businesses and individuals can easily leverage the power of cloud computing, big data analytics, AI, and the Internet of Things (IoT). These have become part of many aspects of modern life, including commercial logistics.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

The Logistics of Logistics

APRIL 26, 2022

Freight Truck Shortages Are Changing The Face Of Logistics. Original article: Freight Truck Shortages Are Changing The Face Of Logistics. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. However, freight procurement is changing.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Freight Logistics Predictive Analytics Software 147

The Logistics of Logistics

JULY 14, 2023

Faced with the challenge of limited data availability, he co-founded Vizion, an API-first solution empowering cargo owners, freight forwarders, and software providers to achieve true supply chain visibility by tracking ocean freight in near real-time.

Container Tracking 195

Container Tracking Rail Software Real-time Visibility Supply Chain Design Software 195

Freight Plus

MARCH 8, 2024

From sourcing raw materials to delivering finished goods, every step in the supply chain requires strategic planning and execution. In today’s fast-paced business landscape, transportation management stands as a critical component of operational efficiency and customer satisfaction.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Data Sourcing Strategies 52

The Logistics of Logistics

OCTOBER 12, 2022

FreightWaves is the leading freight intelligence provider, offering current digital intelligence and context to the freight community on a central platform. Freightonomics is at the crossroads of economics and freight. FreightWaves provides current digital intelligence and context to the freight community on a central platform.

Analytics Software 182

Analytics Software Forecasting Software Logistics Network Optimization Software Supply Chain Software 182

The Logistics of Logistics

AUGUST 28, 2023

About DAT DAT Freight & Analytics, a subsidiary of Roper Technologies (NYSE: ROP), boasts the largest North American truckload freight marketplace, with data representing over 400 million freight matches and $150B+ in annual transaction data. The Greenscreens.ai

Logistics Network Optimization Software 240

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 240

The Logistics of Logistics

JANUARY 10, 2024

Michael Caney and Joe Lynch discuss eliminating freight fraud. Michael is the Chief Commercial Officer of Highway , a freight-tech company that identifies who’s really hauling your freight to reduce fraud and supercharge your digital bookings.

Sourcing Strategies 226

Sourcing Strategies Freight Logistics Network Optimization Software Jordan 226

Parade

MARCH 9, 2022

Integration of Technology & Data Create Transformative Solution. San Francisco, CA — March 9, 2022 — Parade, the leader in carrier access and the truckload capacity management platform software for freight brokers, announces partnering with Turvo and integrating with Turvo’s Collaboration Cloud and transportation management system (TMS).

Supply Chain Design Software 78

Supply Chain Design Software San Francisco Supply Chain Network Software Analytics Software 78

Freightos

AUGUST 31, 2016

Bringing Freight Online With WebCargoNet And Freightos. But this story is more about a vision for a better future of freight, than just another acquisition. There’s unprecedented volumes of global shipments , growing international trade, more flexible supply chains, and easier sourcing than ever before (Alibaba, anyone?).

Freight 188

Freight Logistics Network Optimization Software Air Software Optimization Software 188

Logistics Viewpoints

JULY 26, 2022

Shippers, despite all obstacles, are expected to reduce freight spending, drive efficiency, and improve customer service every year with incremental improvements year-over-year. Due to this awareness, freight sourcing is receiving increased interest from shippers. However, not all technologies are the same.

Optimal Sourcing 237

Optimal Sourcing Supply Chain Design Software Sourcing Strategies Cost Reduction Strategies 237

Supply Chain Shaman

FEBRUARY 16, 2024

Graph technology leverages graph structures to represent and store data. Let’s start here: Data Analysis. We are not listening to what data has to tell us. In today’s processes, we move data into jails (relational databases) and then run optimizers. Improve Sensing with Market Data.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 374

American Global Logistics

NOVEMBER 14, 2023

A Comprehensive Introduction, the 4 V's, and Its Significance for Businesses Introduction In the era of digital transformation, the term 'big data' has become more than just a buzzword. Data, analytics, and technology are intertwined concepts that are shaping the future of businesses across the globe. What is Big Data?

Big Data 52

Big Data Data Analytics Software Logistics Network Optimization Software 52

American Global Logistics

NOVEMBER 7, 2023

In the digital transformation era, the term 'big data' has become more than just a buzzword. High-volume data, analytics, and technology are intertwined concepts that are shaping the future of businesses across the globe. What is Big Data? To be clear, the concept of big data isn't new.

Big Data 52

Big Data Data Analytics Software Logistics Network Optimization Software 52

Freightos

DECEMBER 19, 2017

Air Freight Rates Peak, Ocean Rates Slowly Sink: Freight Rate Update Wk 50. Beyond bad weather and peak season, there are several other contributing factors for the air freight increase, including brisker world trade, burgeoning cross-border e-commerce, and air freight growth for several non-retail sectors.

Freight 122

Freight South America Europe China 122

GlobalTranz

NOVEMBER 30, 2021

Track Carrier Performance Data. Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Download the White Paper: Over the Road Freight Management Trends. Identify and Apply Freight Consolidation Opportunities.

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

Turvo

NOVEMBER 30, 2021

Turvo, provider of the world’s leading collaboration application designed for the supply chain, recently announced a new partnership with ocean freight visibility management technology solution provider OpenTrack. OpenTrack tackles data fragmentation and resolves conflicts to present the source of truth in ocean visibility.

Container Tracking 78

Container Tracking Real-time Visibility Supply Chain Design Software Logistics Network Optimization Software 78

The Logistics of Logistics

SEPTEMBER 25, 2023

Verusen utilizes advanced data science and artificial intelligence to harmonize disparate material data across multiple enterprise systems to provide complex supply chains with material truth for supply and inventory planning and procurement intelligence. The Greenscreens.ai

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Talking Logistics

FEBRUARY 18, 2016

However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing. Freight is unique. Data rules.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Solutions Purchasing Skills Sourcing Strategies 100

Intelligent Audit

OCTOBER 27, 2022

Raymond Panko published a paper detailing examples of human error in data entry. When manually entering data into a spreadsheet, the probability of human error was 18-40%. What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? One solution is to turn to big shipping data.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

20Cube Logistics

FEBRUARY 17, 2022

The rapid rate of technological change and faster access to a greater amount of data are resulting in a transformation of the freight forwarding process. Ø An immense amount of information is required from multiple sources during various stages. It can be quite challenging to gather the data for such requests.

Freight 75

Freight Resource Reduction Cost Reduction Strategies Inventory Reduction 75

CHAINalytics

NOVEMBER 23, 2020

If your company has decided to tender its freight to secure new contract rates for 2021, you’ve got your work cut out for you. And, what should you do about those COVID-related swings in your historical … The post Freight Procurement in a Pandemic: Preparing for the Bid appeared first on Chainalytics.

Procurement 148

Procurement Freight Security Company 148

Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Fixing a price is almost futile in a volatile market, and ocean freight now has much more volatility (both frequency and magnitude) than most other commodities. Source: SGX, Freightos Baltic Index. Source: Freightos Index Linking Survey.

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120

Freightos

JULY 26, 2018

Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 134

The Logistics of Logistics

OCTOBER 30, 2023

The company centralizes data from multiple sources to manage inventory, simplify change management, and improve data quality. LeanDNA is a cloud-based supply chain execution platform that helps discrete manufacturers digitally transform their procurement operations. The Greenscreens.ai

Optimal Sourcing 241

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 241

Talking Logistics

NOVEMBER 15, 2016

Freight Audit may not be the sexiest aspect of transportation management, but that doesn’t mean it doesn’t play a critical role in helping companies effectively manage and control their transportation spend, as well as provide valuable insight to drive continuous improvement.

Freight 0

Freight Analytics Software Procurement Analytics Sourcing Strategies 0

Resilinc

APRIL 19, 2023

Resilinc’s supply chain disruption data for Q1 2023 is here — while overall disruptions are leveling off, there are some new risk types experiencing major shifts. Resilinc data shows a 55% jump in alerts about bankruptcies from Q4 2022 to Q1 2023 and a 90% increase in corporate restructuring alerts.

Supply Chain Disruption 62

Supply Chain Disruption Supply Chain Planning Software Supply Chain Planning Data 62

Shipsta

APRIL 23, 2021

Digital freight procurement is the use of digital technologies to rapidly source, compare and analyse bids from carriers. By automating complex tasks and providing greater visibility of data, digital freight procurement helps businesses control freight cos ts and manage risk in their supply chain.

Procurement 52

Procurement Freight Supply Chain Software Sourcing 52

Talking Logistics

AUGUST 13, 2018

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . Data-driven Optimization. Big data drives everything,” Michael says.

Negotiating Skills 103

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 103

Intelligent Audit

MAY 12, 2022

Often, the general public’s view of freight transportation is similar. The Bureau of Transportation Statistics reported that, “Freight shipped across the U.S. With so much money moving across the country and globe, supply chain professionals must prioritize a proficient freight invoice and payment processing system. .

Freight 52

Freight Rail Software Analytics Software Price Reduction 52