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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. So how can you be sure you’re getting the best freight rates possible?

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Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

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Why Shipping Lead Time Matters in a Tight Freight Market

Zipline Logistics

But with freight conditions like those we have seen throughout most of 2020, building in additional lead time is an even more essential piece of your logistics operational puzzle. percent reporting LTL transit times had been extended by one or two days, and another 16.4 On-time freight performance also increased to 99.27%.

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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

I thought I understood all the major supply chain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and Supply Chain Strategy beyond Covid-19. The potential supply chain impacts of this conflict dwarf any other supply chain news that might be reported. Oil Prices Jump.

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Top 20: The Ultimate Logistics Technology Roundup

Freightos

Faster service, great capacity usage and direct connectivity with freight companies means better access to service providers. Freight Marketplaces : Cargomatic is a prime example of the rebirth of freight marketplaces. Robots : Robotics have the power to change the entire freight industry. ZDnet , @talk19 ].

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This Week in Logistics News (January 14-18, 2019)

Talking Logistics

As reported by The Loadstar this week, “Blockchain logistics start-up OpenPort has notified shareholders it is out of funds and intends to proceed with liquidation.” In the pilot, two large global chemical companies facilitate document and data transfer of invoices, purchase orders, delivery tenders and proof-of-delivery posts.

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Q4 2020 Freight Market Update: Preparing for 2020 Peak Season

Zipline Logistics

The past three quarters have been anything but typical for the freight market and the domestic economy at-large. The arrival of COVID-19 sent freight volumes skyrocketing to keep up with panic buying at retailers nationwide. Following the short downturn , the freight market began a rapid recovery that has yet to cool off fully.

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