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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. The answer is to benchmark your freight, of course. What is Freight Benchmarking?

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How to Benchmark Your Supply Chain

Logistics Bureau

Well, I asked Steven Thacker, one of our benchmarking management experts, exactly that question! What is Benchmarking? Benchmarking is essentially comparing; comparing one against another. Those levels are “benchmarks”. Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere.

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Top Transportation Management and Transportation Articles of 2015

GlobalTranz

We continue our series on the most read articles from the Cerasis blog for 2015 today by featuring any of the blogs in the transportation management or transportation categories. . Top 10 Most Read Transportation Management and Transportation Articles of 2015. We list them in order of the tenth most read to the most read.

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E2open’s Ocean Shipping Index Reveals Notably Improved Cross-Ocean Transit Time for Global Freight Deliveries

E2open

Latest report highlights how lessened demand for goods from Asia has continued to reduce port congestion, resulting in an average eight-day decrease in total time from booking to receipt compared to the year-ago period. Companies can use this data to make informed decisions on when to book ocean freight.

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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport. By crafting a well-defined strategy, businesses can mitigate transportation costs, mitigate supply chain disruptions, and uphold customer satisfaction. At the heart of it all, an effective procurement strategy remains paramount.

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The Dynamics of Sustainable Supply Chain Planning

DELMIA Quintiq

Many of Earth’s scarce resources are consumed by industrial processes and transport – which are the building blocks of today’s supply chains. According to the IPCC, about one-third of the global CO2 emissions are linked to industry, and 15% to transport – together this is almost half of the total CO2 emissions.

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Is Inventory Waste or an Asset?

Supply Chain Shaman

This morning, unexpectedly, I found myself in the middle of a debate between my two panelists on the Planning Benchmarking Panel for the Summit. Recently through my analysis of the planning benchmarking work, I have become fascinated on the role of inventory in the market-driven value network. This is a series of preparation calls.