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New Year, New Horizons: Transportation Industry Gets Ready to Take On 2023

Intelligent Audit

As FreightWaves reports, “UPS has informed its managers not to schedule any paid time off during July and August in case parcels are required to be moved.”. To help shippers save on costs in an increasingly expensive reverse logistics marketplace, FedEx has announced plans to launch a consolidated returns service. 15 press release.

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Your Expert Guide to Inventory Audits: Best Practices & Tips 

ShipBob

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

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The Impact of Collaborative TMS on Supply Chains Bottom Line

Turvo

Collaborative TMS provides an excellent ROI that can be realized quickly, positively impacting the bottom line. Higher customer satisfaction leads to repeat purchases. A Collaborative TMS is a vital system to plan for the longer term and send a large volume of goods at nominal costs. It saves time and labor hours.

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Ecommerce Logistics: From Your Site to Their Doorstep

ShipBob

Now more than ever — at a time when people are choosing online over in-store to adhere to social distancing practices — the communicated speed at which consumers will receive their orders can play a deciding role in whether they choose to buy from your online store or a competitor’s. What is needed to excel at ecommerce logistics?

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26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

These technologies also contribute to a rise in big data and analytics in the logistics field. Mobile apps: Pulling these reports several times a day can be tedious and leads to performance not being monitored in real-time. Mobile apps can generate reports and monitor performance metrics. ScienceSoft.

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28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively. University of North Texas.

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This Week in Logistics News (February 27 – March 3, 2017)

Talking Logistics

Boston startup raises $10M for retail software that predicts inventory needs (Boston Business Journal). Freightos unveils beta launch of international freight price index (American Shipper). 2016 North American Freight Numbers. Trump administration re-evaluating self-driving car guidance (Reuters).