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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport.

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Track the Supply Chain Metrics that Really Matter

Precoro

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

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Walmart OTIF Metrics

SupplyPike

We’ve discussed the basics of OTIF and the fundamentals of OTIF before, but we thought we’d drill down deeper into the individual metrics. First, we’ll start by reviewing the basic goals of OTIF, and then we’ll dive into each metric and the compliance issues of each metric. Late Transport Notification. Collect Ready (i.e.

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Transportation Management System: What is a TMS in Logistics? [+ Top Companies Compared]

ShipBob

That’s where transportation management systems, or TMS, comes in. In this post, we’ll take a closer look at what a transportation management system is, why it’s important, and how you can choose a provider. What is a transportation management system (TMS)? Transportation management systems can perform a variety of functions.

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Freight Broker TMS: What Are the Key Functions to Expect

Turvo

A freight broker TMS has many vital functions that greatly enhance the operations of logistics companies. Collaboration with these systems provides excellent advantages to freight brokers, partners, and all involved in the process. Integrating a freight broker TMS yields many beneficial advantages for logistics companies.

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Top Solutions for Supply Chain Agility

Logistics Viewpoints

Customers use their modular, SaaS solutions to route, schedule, track, and measure delivery resources; plan, allocate and execute shipments; rate, audit, and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes.

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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. The Causes of Limited Working Capital and Cash Flow in Transportation Management.

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