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

Cost Reduction Strategies Expense Reduction Freight Material Savings 52

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

Optimal Sourcing Vendor Strategies Supply Chain Planning Software Analytics Software 59

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

Freight Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 52

Freightos

JANUARY 28, 2016

10 Controversial Freight Predictions For 2016. There’s been several great predictions for logistics in 2016. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. Freight Industry Is Finally Online.

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

Freightos

JANUARY 28, 2016

10 Controversial Freight Predictions For 2016. There’s been several great predictions for logistics in 2016. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. Freight Industry Is Finally Online.

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

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. In a nutshell, RPA helps businesses execute core processes faster and with fewer resources. Freight Management. Procurement.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

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

Intelligent Audit

SEPTEMBER 15, 2021

Discovering billing mistakes through leveraged data from freight audits helps shippers identify cost-cutting opportunities through accurate invoicing and payment processing. Freight audit savings might arise from recouping costs due to overbilling, service guarantee failures, or simply using the wrong carrier for each load.

Waste Reduction 52

Waste Reduction Cost Reduction Strategies Analytics Software Resource Reduction 52

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

Supply Chain Game Changer

NOVEMBER 24, 2018

Check out What’s The Difference Between Logistics and Supply Chain Management? What is the difference between Logistics and Distribution? Without consulting a dictionary both Logistics and Distribution suggest imagery involving the movement of goods. Subscribe Here! Email Address. Infographic). ” [link].

Distribution 92

Distribution Logistics Network Optimization Software Logistics Sourcing Strategies 92

DAT Solutions

OCTOBER 26, 2017

One result has been a transformation of seasonal freight trends, and transportation spending, especially in the fourth quarter of each year. Before 2013, October was the busiest month for freight transportation, as merchandise had to be on store shelves in advance of the Thanksgiving weekend.

Freight 70

Freight Third Party Logistics Modeling Supply Chain Design 70

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

GlobalTranz

FEBRUARY 1, 2019

Today, warehouses can utilize robots in all aspects of fulfillment processing , including both inbound and outbound freight management. The rising demand for more orders, more options, and more variety mean warehouses may lack the labor resources necessary to keep costs under control. Greater order accuracy.

Material Savings 234

Material Savings Supply Chain Software Warehousing Demand Planning Software 234

Intelligent Audit

NOVEMBER 3, 2021

The implications of reduced cost in just this one area of processing and freight payment management can have a significant impact on profits. But freight payment remains a very complex and often error-prone process. What Are Freight Payment Services. Freight payment service may also be known as freight audit and payment.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Vendor Strategies Expense Reduction 52

20Cube Logistics

FEBRUARY 11, 2022

Additionally, when the ports are facing capacity crunch or the tariffs of ocean freight and container skyrockets, it iis airfreight that comes as the savior. With the current business scenario changing at a rapid pace, the freight forwarding industry is shifting its focus towards airfreight. Capacity Crunch of Ocean Freight.

Agile and Lean Supply Chain 74

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 74

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. Nominate Intelligent Audit and Other Deserving Companies Now.

Analytics Software 52

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

GlobalTranz

SEPTEMBER 16, 2016

Third party logistics (3PL) is the function by where the owner of goods outsources numerous components of the supply chain to a 3PL company that can perform the management function of the clients’ customs, inbound freight, distribution, warehousing, order fulfilment and outbound freight to the client’s customers.

3PL 120

3PL Third Party Logistics Logistics Network Optimization Software Warehousing 120

GlobalTranz

SEPTEMBER 12, 2018

Brick-and-mortar locations that have not ventured into the realm of e-commerce will falter in comparison to companies that have already embraced e-commerce. The idea is to use third-party resources with white-label branding, allowing for a seamless experience for customers.

Resource Reduction 182

Resource Reduction Cost Reduction Strategies Price Reduction Supply Chain Strategy 182

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. As Burt Flickinger, Retail Expert and Managing Director at retail consultancy Strategic Resource Group shared with CNN , “For every dollar in sales, a retailer’s net profit is between a cent to five cents.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Supply Chain Game Changer

JUNE 17, 2021

Even during the epidemic, the shipping industry’s significance in the value chain and the transportation of resources and goods worldwide was emphasized, probably most prominently. In comparison to then, the dust has settled. Destabilization in Freight Rates. On the contrary, the most recent data is highly encouraging.

Shipping 75

Shipping Industrial Industry Los Angeles 75

Logistics Viewpoints

SEPTEMBER 9, 2022

And now on to this week’s logistics news: Amazon in the news: Amazon closes, abandons plans for dozens of U.S. The bad news is that truck driver training programs are in need of more resources and instructors to handle an influx of people interested in joining the industry. And what a glorious season it is. warehouses.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Demand Planning Software Supply Chain Network Software Cost Reduction Strategies 197

GlobalTranz

NOVEMBER 25, 2015

By now, you’ve probably thought about all the logistical details like: what items are required to bring the meal together; who’s responsible for bringing each dish; what time guests should arrive; and where dinner should be served so there’s enough room for everyone. The same is true for logistics planning. I hope you enjoy! - Adam.

Turkey 120

Turkey Comparison Logistics Network Optimization Software Price Reduction 120

Intelligent Audit

MAY 6, 2021

That risk of something adverse occurring — a disruption — continues to drive investments of time and resources into more informed decision-making and leveraging logistics analytics. Further, data normalization has the ability to cut down on all the noise to uncover a true comparison between carriers, services lanes, and related fees.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

Logistics Bureau

JULY 12, 2017

Choosing freight carriers is not the easiest of tasks, so it’s understandable why companies often overlook the need for a freight review , even when such an undertaking is long overdue. Read and Heed the Signs that Freight Review is Due. But how do you know when it’s the right time to conduct a freight review?

Negotiating Skills 40

Negotiating Skills Freight Logistics Network Optimization Software Purchasing Skills 40

Intelligent Audit

APRIL 6, 2022

Critical business decisions such as freight network optimization are possible when carriers have the financial leeway to offer competitive pricing to shippers focused on finding dedicated carriers or other creative solutions. Normalize data to enable apples-to-apples comparisons.

Optimal Sourcing 52

Optimal Sourcing Puerto Rico Sourcing Strategies Price Reduction 52

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Plus, other significant losses are production time, resources, and of course, money.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

MIT Supply Chain

AUGUST 17, 2021

A side-by-side matrix Our analysis is captured in the comparison matrix below. For example, the 2010 Eyjafjallajökull volcano eruption in Iceland caused a primary loss of freight transportation capacity, but that loss also robbed many companies of supply capacity. Disruption comparison matrix?—?Source: Source: James B.

Capacity 52

Capacity Supply Chain Design Software Supply Chain Design Supply Chain 52

Logistics Bureau

SEPTEMBER 3, 2017

And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? Making collaboration work at the logistics sharp end is possible, but there are conditions. What Can Companies Gain from Collaborating in Logistics? Shared logistical expertise.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Logistics Bureau

SEPTEMBER 3, 2017

And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? Making collaboration work at the logistics sharp end is possible , but there are conditions. What Can Companies Gain from Collaborating in Logistics? Shared logistical expertise.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

GlobalTranz

MAY 18, 2021

There are many terms in logistics to consider, such as last mile logistics and last mile delivery , but they end up sounding confusing because all freight has a last mile portion. Of the logistics terminology, blockchain is unique in that it can be a private consortia or publicly traded system.

Logistics Network Optimization Software 156

Logistics Network Optimization Software Transportation Demand Planning Software Rail Software 156

Supply Chain Game Changer

AUGUST 30, 2022

In my experience Total Cost of Ownership ( TCO or TCOO) models typically include some combination of the following elements: Unit price (Always the first item) Takedown rate performance Payment terms Freight and Logistics terms and transfer of ownership Lead times (order, delivery, replenishment) Other Parameters (eg.

Optimal Sourcing 103

Optimal Sourcing Purchasing Skills Manufacturing Procurement Negotiating Skills 103

GlobalTranz

JANUARY 30, 2015

If portions are supplied from other parties, it is vital to expose possible exceptions or differences in interpretations of the data provided in comparison to what you control. LinkedIn The post 3 Requirements for Meaningful & Useful Data in Transportation & Business appeared first on Freight Logistics Company | Cerasis.

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

Freightera

JUNE 29, 2017

Transport News INTL has just selected Freightera as “Best Online Freight Marketplace – North America” in their Logistics, Warehouse & Supply Chain Awards 2017! Currently, the North American logistics and supply chain transport market is in the process of rapid change.

Freight 0

Freight North America Supply Chain Design Software Transportation 0

Supply Chain Game Changer

FEBRUARY 18, 2021

This is the time online retail businesses need to optimize and improve their supply chain and logistics processes. They need to bring in advanced routing capabilities, improve visibility of end-to-end logistics operations, boost productivity, etc. All of these aspects empower retailers to meet customer expectations and stay profitable.

Shipping 98

Shipping Supply Chain Software Logistics Network Optimization Software Retail 98

GlobalTranz

JANUARY 19, 2015

than simple cost comparisons. The charter should include considerations of the various stakeholder groups including finance, engineering, manufacturing, purchasing, marketing, facilities, IT, human resources, and government affairs. The overall exit and the logistics process in moving a factory must be carefully managed.

Manufacturing Procurement 120

Manufacturing Procurement Purchasing Skills Buyer Training Manufacturing 120

Intelligent Audit

SEPTEMBER 30, 2021

In modern freight transportation services, GRI stands for General Rate Increase. As a shipper, it’s impossible to avoid rate increases at times, and while freight invoice audits help to catch errors, not knowing the facts behind GRIs will only open the doors to risk. FedEx Freight shipping rates will increase by an average of 4.9%

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

DELMIA Quintiq

MARCH 9, 2016

This will allow them to efficiently unload and load thousands of containers, palletized freight, cars, liquid tanks, and more. It’s a waste of scarce resources of everyone involved. Looking solely at the terminal, TOS leads operations staff to believe that all resources are efficiently utilized. I rest my case.

Optimization Software 120

Optimization Software Supply Chain Optimization Network Optimization Price Mitigation Strategies 120