Remove Cargo Remove Freight Remove Metrics Remove Security
article thumbnail

10 Critical Components for Your Freight RFP Checklist

GlobalTranz

The past two years of volatility have many logistics leaders evolving from an annual Request for Proposal or freight (RFP) event to quarterly or more frequently to accommodate the changing supply chain landscape. 10 Freight RFP Components for Success. Cyber security is becoming a more critical factor in these relationships.

Freight 226
article thumbnail

The State of the Trucking Market in 2021

GlobalTranz

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Using Freight Auditing and Payment to Improve Working Capital & Cash Flow

Intelligent Audit

For several reasons, working capital management and freight auditing remain vital for achieving growth and success in the modern supply chain. Freight audit and payment management can help highlight and address these expenses. How Freight Auditing and Payment Boosts Working Capital and Cash Flow.

Freight 52
article thumbnail

What is LTL Shipping?

SupplyPike

LTL freight carriers normally transport small shipments of freight from many companies. In this system, space is shared by all of the cargo on one truck. When companies opt for LTL shipping, they are charged for the section of the semi-truck that their freight takes up. Improve shipment security.

article thumbnail

Freight Audit Advisor: How an Expert Amplifies Value in Perpetuity

Intelligent Audit

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. Shippers can ensure they are getting the best possible rates from their carriers by working with a freight audit consultant. What Freight Auditing Is and Why It’s Important.

Freight 52
article thumbnail

The Top Finance Supply Chain KPIs to Measure for Shippers

Intelligent Audit

Mike Griswold, Vice President Analyst at Gartner , had this to say about the value supply chain KPIs and metrics. Supply chain metrics provide the vehicle to ‘look at the results’ and gauge the effectiveness of an organization’s execution strategy. Damage Rates or Cargo Loss. It also has a direct correlation to cargo loss.

Gartner 52
article thumbnail

The Evolution of Logistics: Connectivity, Data Integration, and Virtual Design

SCMDOJO

In the world of logistics, this means enhanced operational efficiency for inventory management, route optimization, safety and security of goods, and resource allocation. Data Security and Privacy Data integration involves sharing and transmitting data across systems and people, which predisposes it to breaches.