Intelligent Audit

MAY 19, 2022

Many expenses arise from these disruptions that impact the bottom line profits for shippers today; one of the most volatile and impactful is freight bill financing. Managing freight costs and freight payments , whether per mile, per load, or truckload is vital to overcoming the obstacles and disruptions currently plaguing the industry.

Logistics Network Optimization Software 52

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Logistics Bureau

APRIL 4, 2022

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?

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

GlobalTranz

OCTOBER 27, 2021

As the logistics market continues to create supply chain disruption, shippers are looking for consultative support and solutions to help maintain a competitive advantage. Download the White Paper: Over the Road Freight Management Trends. Easier comparison of rates, timeliness, availability, and services. Working with a?

Sourcing Strategies 197

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GlobalTranz

SEPTEMBER 26, 2018

According to Logistics Management, more parcel carriers are moving heavier parcel shipments to less-than-truckload freight in e-commerce because they’re overwhelmed. This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce.

Shipping 168

Shipping Cost Reduction Strategies Expense Reduction Resource Reduction 168

BR Williams Supply Chain Management

MAY 22, 2023

As an ISO-9001 certified supply chain management, warehousing services , and 3rd-Party logistics (3PL) provider, BR Williams of Oxford, Alabama, understands the importance of reducing its carbon footprint and maintaining a sustainable business. There has also been a 20-fold increase in E-commerce sales from 2000 to 2019. covering 1.7

Supply Chain Design Software 98

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Supply Chain Shaman

JULY 15, 2021

Today’s supply chains assume that logistics is readily available. The rude awakening is that Supply Chain Leaders have no ability to manage logistics as a constraint. Our logistics systems are inadequate for what we are going to experience in the coming months. Logistics Infrastructure Issues. Price Increases.

Supply Chain Design Software 367

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Zipline Logistics

JUNE 29, 2021

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing. increase from the previous period.

Freight 91

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Intelligent Audit

MAY 9, 2022

With ongoing recovery firmly in progress across multiple industries, one of the most significant challenges facing freight forwarders, supply chain managers, and transportation service providers is the issue of payment and freight bill payment service management. Standardize Shipping Cost Audits for Apples-to-Apples Comparisons.

Cost Reduction Strategies 52

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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

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Intelligent Audit

APRIL 13, 2021

One critical but often overlooked component of successful shipping and logistics management remains freight audit and payment processes. Create a Clear Strategy for Freight Audit and Payment. Communication represents another critical part of shipping and logistics management where auditing and payment management can be improved.

Optimal Sourcing 59

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ShipBob

JANUARY 6, 2023

You’ll also get a quick comparison of the top providers to make your search easier. It is typically a part of a larger supply chain management system and allows them to organize and centralize all their logistics and transportation functions. Report on important performance metrics. Execute shipments and keep track of them.

Supply Chain Planning Software 52

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The Logistics & Supply Chain Management Society

AUGUST 20, 2020

For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supply chain organisations. Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%.

Supply Chain Software 246

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Intelligent Audit

AUGUST 25, 2022

It has always been essential to have visibility into freight spending. Freight audit & payment (FAP) providers have long paved the way to gaining this visibility by looking at shipping invoices and breaking down freight spend. What Is Freight or Transportation Spend Management?

Real-time Visibility 52

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Talking Logistics

JANUARY 27, 2017

I was tempted to title today’s post “This Week in Trump News,” considering all of the actions he took this week that have supply chain and logistics implications. I also considered this title: “Another Week of Amazon News (plus Other Stuff That Happened in Logistics).”. Freight on digital fast track: DHL launches CILLOX.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Design Software Network Design Software Predictive Analytics Software 0

Intelligent Audit

APRIL 25, 2022

Freight audit data has long been a critical pillar for shippers dealing with domestic and international parcel shipping. With major ports such as Shanghai locking down, ocean congestion is only likely to worsen, leading to higher freight charges and more issues with supply shortages. A Review of Common Freight Charges.

Freight 52

Freight Optimal Sourcing Predictive Analytics Expense Reduction 52

Intelligent Audit

APRIL 1, 2021

Dealing with the details and complexities of logistics invoices for the supply chain is a full-time job. While traditionally these programs are called freight audits, it isn’t solely about LTL or FT. Freight Invoice Error Rates Remain a Constant Threat. But how often does a freight invoice contain errors? Consider this.

Freight 52

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Freightos

APRIL 16, 2015

Logistics startups are popping up everywhere. Logistics start-ups investments shot up from 0.1% We’ve rounded up the top 20 logistics technology innovations changing the way over $18 trillion dollars of goods are shipped annually. Here we go: Technology Innovations in Logistics. We know how you feel.

Logistics Network Optimization Software 120

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GlobalTranz

JULY 5, 2016

We continue our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Our first post covered the Top 5 Freight Management blogs of 2016. Today's post will cover the top 5 logistics blogs from 2016 so far. Top Logistics Blogs from the First Half of 2016 So Far.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Logistics Supply Chain Design Software Modeling Software 132

Zipline Logistics

DECEMBER 22, 2020

Providing your logistics partner with additional lead time can be critical in ensuring better rates and securing capacity in any market. 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.

Freight 52

Freight Cost Reduction Strategies Shipping Price Reduction 52

Supply Chain Movement

FEBRUARY 25, 2021

Are logistics matching platforms a wolf in sheep’s clothing for freight forwarders? That’s the question posed by Rob Zuidwijk, Professor of Global Supply Chains & Ports at Erasmus University in Rotterdam, in a recently published report. Uber Freight.

Shipping 78

Shipping Logistics Network Optimization Software Supply Chain Network Software Comparison 78

Intelligent Audit

SEPTEMBER 9, 2021

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. As shippers and logistics managers know all too well, speed-to-market services impact overall costs.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Talking Logistics

JULY 29, 2016

Now, before I spontaneously combust in my house-turned-sauna, let’s go to this week’s supply chain and logistics news: Amazon to step up UK tests of delivery drones (The Telegraph). Freightos Launches First International Freight Marketplace to Power $2 Trillion Worth of U.S. Robinson Reports Second Quarter Results.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Demand Planning Software 0

Intelligent Audit

SEPTEMBER 20, 2021

In the supply chain industry, the freight audit process can provide a competitive advantage for invoicing and cutting back costs. As reported by Supply & Demand Chain Executive , “As the shipping industry becomes more complex, so too does freight payment. What Is Freight Audit and Payment.

Analytics Software 52

Analytics Software Resource Reduction Cost Reduction Strategies Supply Chain Planning Software 52

Intelligent Audit

NOVEMBER 3, 2021

Large shipping companies that average at least $1 billion in annual revenue can report processing costs that come in 70 percent lower than smaller shippers in the market. The implications of reduced cost in just this one area of processing and freight payment management can have a significant impact on profits.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Vendor Strategies Expense Reduction 52

Talking Logistics

MARCH 13, 2015

Here’s the news that caught my attention this week: January 2015 Freight Transportation Services Index (TSI). Truckload Freight and Rates Dip Seasonally in February: DAT Freight Index. Cass Freight Index – February 2015. Freight stats dominated the news this week. Month-over-month freight volume dipped 6.0

Logistics Network Optimization Software 100

Logistics Network Optimization Software Logistics Mexico Freight 100

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 54% of buyers report that free returns or exchanges are the second biggest factor in determining if they will be returning shoppers. 83% of consumers with a household income of over $100,000 report that returns are important.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Talking Logistics

MARCH 3, 2017

With corrected vision, here is the supply chain and logistics news that caught my attention this week: Longshoreman Union Leader Stalls Planned Work Shutdown (WSJ – sub. Freightos unveils beta launch of international freight price index (American Shipper). DHL trials city hub trailer for bike delivery (Logistics Manager).

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Eliminating Excel in Purchasing 0

6 River Systems

OCTOBER 12, 2020

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4% Overall, logistics spending in 2018 reached 8% of U.S.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Intelligent Audit

SEPTEMBER 1, 2022

Technology has moved businesses forward in creating efficient processes and gaining improved insights into transportation management and freight spend , but are you using these to your fullest advantage? You should utilize technology and larger-scale strategies to streamline the logistics process. Strengthen Your Network.

Optimal Sourcing 52

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Elementum

OCTOBER 3, 2018

Today, trucking, shipping, air shipping, and other logistics services are all experiencing disruption: As consumer expectations evolve, businesses are constantly pressured to deliver high-quality goods in the shortest amount of time. But issues surrounding labor and rising fuel prices pose real threats to the freight industry.

Freight 68

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Freight Plus

DECEMBER 19, 2018

The report’s author, Donald Broughton, noted that this was “still very impressive given the tougher comparison.”. With 11 out of 12 months of the year reported, the Cass report indicates that the realized contract pricing forecast for 2018 of 6 – 12% is “essentially in the books.”. According to a report by.

Report 40

Report Transportation Industrial Industry 40

Elementum

OCTOBER 3, 2018

Today, trucking, shipping, air shipping, and other logistics services are all experiencing disruption: As consumer expectations evolve, businesses are constantly pressured to deliver high-quality goods in the shortest amount of time. But issues surrounding labor and rising fuel prices pose real threats to the freight industry.

Freight 60

Freight Company Sourcing Strategies Logistics Network Optimization Software 60

Intelligent Audit

AUGUST 11, 2021

Each year, FreightWaves’ FreightTech Awards honor the top 100 innovators and disruptors within the logistics space. Secure & Automated Freight Payment : Our exclusive API carrier payment processing integration with TriumphPay, a product of Triumph Bancorp, Inc. About the 2022 FreightTech100 Awards.

Analytics Software 52

Analytics Software Supply Chain Design Software Modeling Software Supply Chain Planning Software 52

Intelligent Audit

JUNE 13, 2022

While the summer brings many personal opportunities, the travel and produce peak season presents its own logistics challenges. Record-High Trucking Employment Levels Reported in May. On May 30, 2022, the EIA reported a new national on-highway diesel average of a nationwide average of $5.539. A June 3 article from Splash247.com

Price Reduction 52

Price Reduction Supply Chain Strategy Supply Chain Software Supply Chain Optimization 52

Supply Chain Matters

SEPTEMBER 21, 2023

As a means of comparison, the National Retail Federation reported in January that last year’s retail sales during the November to December holiday period grew 5.3 On the fulfillment network side, as part of the prescribed high level reviews of all businesses, an analysis was made of the company’s operational and freight cost factors.

Cost Reduction Strategies 59

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Logistics Viewpoints

SEPTEMBER 1, 2023

Flight activity in May and June, by comparison, was relatively stable. billion in revenue, according to Amazon’s latest quarterly earnings report. The post This Week in Logistics News (August 26 – September 1) appeared first on Logistics Viewpoints. UPS reduced July flights by 14 percent from June.

Logistics Network Optimization Software 223

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CH Robinson Transportfolio

JUNE 26, 2019

And bringing air freight services into the spotlight. . Because consumers use technology to do on-the-spot price comparisons, they can order from any company in the world that has their desired product. That’s where air freight and third party logistics providers (3PLs)—like C.H. The state of today’s air freight market.

Supply and Demand 34

Supply and Demand Expense Reduction Price Reduction Inventory Reduction 34