Comparison Freight Metrics Supply Chain 
GlobalTranz
MAY 12, 2016
Furthermore, some data may be of minimal use without comparison to and identification of trends and collaborations between data from other transactions within a given warehouse or transportation system. However, most of today’s data goes unused and represents a lost opportunity to the company.
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?
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GlobalTranz
MAY 20, 2015
Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier.
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. And the effect of inaccurate demand forecasting is felt across the supply chain.
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. Margins are tight for shippers, especially in light of the current economic recovery and ongoing disruptions within many areas of the supply chain network.
Talking Logistics
JUNE 30, 2015
Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. Going forward, it is vital that shippers analyze their freight spend and if required renegotiate their rates regularly to remain competitive.
Talking Logistics
JUNE 20, 2017
Your supply chain’s key performance indicators support tactical, day-to-day business decisions, so ensuring you are reading them correctly is imperative. The question becomes, “how are you comparing your transportation metrics to what’s happening around you?” You need to explore the metric relationships to see the full story.
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