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.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Material Savings 52

BR Williams Supply Chain Management

MARCH 10, 2023

In retrospect, who would have thought that the world supply chain could have been completely shut down for such a long period of time? We would like to share some insights on the general economy and freight market specifically with you: our customers, employees, business partners and community. Some missed by a mile.

Freight 98

Freight Report Forecasting Price Reduction 98

Zipline Logistics

DECEMBER 22, 2020

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. Building-in additional lead time in a tight freight market is crucial. What Is Shipping Lead Time? Let’s explore why else it matters.

Freight 52

Freight Cost Reduction Strategies Shipping Price Reduction 52

20Cube Logistics

FEBRUARY 11, 2022

Air travel is not only convenient for traveling a long distance in a short span of time, but it is also the one-stop solution in the supply chain industry for the swiftness in operations it offers. With the current business scenario changing at a rapid pace, the freight forwarding industry is shifting its focus towards airfreight.

Agile and Lean Supply Chain 74

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

Intelligent Audit

APRIL 13, 2021

One critical but often overlooked component of successful shipping and logistics management remains freight audit and payment processes. Following a few recommended best practices makes managing shipping costs easier. Create a Clear Strategy for Freight Audit and Payment. Download the White Paper.

Optimal Sourcing 59

Optimal Sourcing Vendor Strategies Supply Chain Planning Software Analytics Software 59

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

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

Real-time Visibility Transportation Management Supply Chain Planning Software Optimization Software 52

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.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Intelligent Audit

MAY 6, 2021

Transportation network optim ization is a leading goal for supply chains around the globe. As noted by Deloitte, “Global supply chains can be planned with great precision. Work Across Departments in Your Company’s Supply Chain. Sharing information is an absolute necessity in today’s supply chain.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

Intelligent Audit

OCTOBER 26, 2021

Instability is among the singular constants affecting supply chain management. Finding ways to keep costs in check often comes down to understanding the various shipping surcharges and how shippers can best avoid them through stronger shipping audits. supply chains.”

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 52

Intelligent Audit

APRIL 15, 2021

Having intimate knowledge of available supply chain capacity in every shipping mode continues to be paramount for companies to meet consumer demand as economies recover after recessions felt during the global COVID-19 pandemic. Increased surcharges will increase overall shipping costs. ocean shipment imports, rising 101.9%

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Capacity 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

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. It is easy to understand why strategy is often set aside to meet immediate needs of getting product shipped out the door.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Intelligent Audit

JUNE 13, 2022

Stay in touch with the supply chain trends of this summer with the following updates. Despite the remaining “help wanted” signs across the supply chain sector, the national numbers are singing a different tune. Record-High Trucking Employment Levels Reported in May. However, not everything is all fun and games.

Price Reduction 52

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

Intelligent Audit

OCTOBER 28, 2021

The increasing pressure of the market, the rising consumer demand, and dwindling supplier deliveries have brought into full view the need for adequate and functional shipping cost allocations. Shippers must focus on making the product and managing the delivery channels, supply lines, warehouse hubs, and distribution centers.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Supply Chain Planning Software Optimal Sourcing 52

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

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.

Predictive Analytics Software 59

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

CH Robinson Transportfolio

JULY 19, 2020

Less than container load (LCL) shipping is rapidly becoming a go-to service option for businesses seeking help in a complex global logistics industry. As COVID-19 affected businesses around the world, the need for expedited LCL shipping grew significantly. The right level of LCL shipping expertise. Our team of experts at C.H.

Material Savings 44

Material Savings Cost Reduction Strategies Inventory Reduction Shipping 44

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

SEPTEMBER 30, 2021

In modern freight transportation services, GRI stands for General Rate Increase. The GRI shipping term refers to the usual increase in fees that are applied to container shipping rates. What GRI Stands for in Shipping. GRIs most often rise in response to demand and supply within the supply chain.

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

CH Robinson Transportfolio

JUNE 26, 2019

So while cost and quality are often viewed as the most important priorities for a company’s supply chain, delivery speed is quickly gaining in prominence. And bringing air freight services into the spotlight. . Only the most flexible supply chains can succeed in such an environment. Air freight’s unique advantages.

Supply and Demand 34

Supply and Demand Expense Reduction Price Reduction Inventory Reduction 34

Logistics Viewpoints

FEBRUARY 25, 2022

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.

Price Reduction 207

Price Reduction Ukraine Russia Logistics Network Optimization Software 207

CH Robinson Transportfolio

JUNE 26, 2019

So while cost and quality are often viewed as the most important priorities for a company’s supply chain, delivery speed is quickly gaining in prominence. And bringing air freight services into the spotlight. . Only the most flexible supply chains can succeed in such an environment. Air freight’s unique advantages.

Supply and Demand 35

Supply and Demand Expense Reduction Price Reduction Inventory Reduction 35

Zipline Logistics

MAY 11, 2021

Freight rates continue to remain elevated in year-over-year comparisons. Produce season is a yearly occurrence and, for its duration, it can widely affect capacity and freight rates. Produce season is a yearly occurrence and, for its duration, it can widely affect capacity and freight rates. So why is that the case?

Capacity 52

Capacity Freight Los Angeles United States 52

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. Yet often the Supply Chain is undervalued. Why is Supply Chain often undervalued? Pressures for Cost Reduction in Supply Chain.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

DELMIA Quintiq

NOVEMBER 30, 2015

There was just not enough products being shipped back and forth. But let’s recognize the planners for the boldness of the idea and figure out how to leverage this initiative for the benefit of modern supply chains. Equally, it could become a white elephant project with little impact on European freight transport times or costs.

Sri Lanka 120

Sri Lanka Supply Chain Design Software Supply Chain Planning Software Scenario Planning 120

ShipBob

JANUARY 6, 2023

For your supply chain to function seamlessly, you need to keep tabs on it to make sure that every aspect is working as it should. TMS provides businesses with a clear view of how the supply chain is functioning and enabling them to manage it effectively. What is a transportation management system (TMS)?

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

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. Freight on digital fast track: DHL launches CILLOX. Brings Advanced Freight Collaboration Solutions to the Transportation Industry. I’ll keep working on it.

Logistics Network Optimization Software 0

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

Talking Logistics

FEBRUARY 18, 2015

Supply chain visibility and big data are hot topics and everyone is trying to figure out how to extract and analyze the data they have for better visibility and decision making. Financial data and visibility into the costs associated with shipping are critical to improving corporate financial performance.

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 100

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

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 134

ToolsGroup

AUGUST 1, 2022

As a retailer, you must plan a customer-centric returns strategy in order to build client trust and prevent negative reviews on social media, websites, and other channels where customers interact. According to a study by Narvar , 75% of consumers have been given a refund without needing to ship back the product.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

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. Keep up with market trends and rates.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Network Optimization Software Supply Chain Network Software 52

GlobalTranz

MARCH 2, 2018

In addition, the continued rise of freight trucking rates, as explained by James Jaillet of Overdrive Online , will demand newer, faster and more efficient transportation management systems (TMS). The Freight & Transportation Management Trends to Know in 2018.

Transportation Management 182

Transportation Management Trends Supply Chain Planning Software Transportation 182

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. e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs.

Logistics Network Optimization Software 132

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

Talking Logistics

OCTOBER 30, 2018

Like the couple who needs to get home to relieve their babysitter, shippers under pressure to maintain supply chain velocity are forced to pay the premium for expedited transportation. These days, truckload capacity is in exceptionally high demand, driving rates to ecstatic heights.

Optimization Software 101

Optimization Software Capacity Logistics Network Optimization Software Supply Chain Software 101

AFFLINK

JUNE 14, 2016

We've suggested four of the most valuable key performance indicators (KPIs) to determine whether or not your sustainable supply chain management strategy is meeting your intended outcomes. Supply Chain Waste. Supply chain waste is an issue in all sectors. Load Density.

Waste Reduction 48

Waste Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 48

GlobalTranz

JULY 28, 2015

The transportation mode LTL, or Less Than Truckload, has grown to become the predominant, preferred means of freight transportation across the US. Additionally, industry experts and third-party logistics shipping providers ( 3PLs ) find themselves in the difficult position of ensuring the flow of merchandise continues as LTL use grows.

Purchasing Skills 120

Purchasing Skills Negotiating Skills Manufacturing Procurement Cost Reduction Strategies 120