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Freight Rates: Don’t Settle for the Status Quo

BlueYonder

With tightening freight capacity, shippers need more carrier coverage to make an informed decision about the right price to be paid to transport freight. Shipping freight and the costs that come with it are often seen as fixed. Planning for disruption. Automate supply and demand coordination.

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Managing Freight Costs During COVID-19

Stord

April 3, 2020 Supply chains are scrambling to adapt to COVID-19, an unprecedented event that couldn’t be forecasted in demand planning. Some companies are pivoting to the production of a completely different product , and others are struggling to keep up with the surge in customer demand.

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal. Lessons Learned. The reason?

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Supply Chain Success Prompts ToolsGroup-LĂŁberit Partnership to Expand into LATAM

ToolsGroup

Soon after, ToolsGroup’s probabilistic Demand Planning & Forecasting became the foundation of Lãberit’s Supply Chain & Industry 4.0 At ToolsGroup, our partnerships are a driving force behind growth and customer success,” said Mauro Adorno, VP of Global Alliances.

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Supply Chain Optimization: How to Alleviate Common Pain Points With Improved Freight Operations

MercuryGate

The solution to improved network resiliency, supply and demand planning, accounting prowess, and visibility into logistics stem from a common factor. The post Supply Chain Optimization: How to Alleviate Common Pain Points With Improved Freight Operations appeared first on MercuryGate International.

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What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. What is Freight Management? Freight management combines logistics experience, human resources and knowledge to ensure a smooth coordination between carriers and shippers.”

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Increased Demand and Reduced Capacity Prove a Challenge for Air Freight Market

CH Robinson Transportfolio

After an extremely volatile first half of the year, the challenges in the air freight market look set to continue into 2021, requiring both foresight and forward planning from businesses. A turbulent six months for air freight. This caused an overheated market, with the price of air freight increasing by as much as 400%.