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How to Allocate Freight Costs to Inventory

MercuryGate

So, too, is knowing how to allocate freight costs to inventory. The post How to Allocate Freight Costs to Inventory appeared first on MercuryGate International. Managing costs and expenses is a never-ending responsibility in the supply chain.

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LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

GlobalTranz

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

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How to create a reliable supply chain with effective forecasting and inventory management

SYSPRO Smarter ERP

labor, materials and warehousing, to IT, freight and safety. Forced to implement protective measures through the pandemic, some companies increased overhead by stock piling inventory which negatively affects both cash flow and profits. Manufacturers can use forecasting to support inventory optimization. Managing Inventory.

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Ocean Freight: Key Trends & Planning For Peak Season 2023

Ware2Go

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates?

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How to Address Stock Loss with Process Intelligence

QAD

Then there is the procurement of replacement materials / inventory. Depending on the circumstances, this may require expedited freight — with the associated premium costs. The post How to Address Stock Loss with Process Intelligence appeared first on QAD Blog.

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In-transit Inventory: A Complete Guide for Merchants

Unleashed

In-transit inventory is a frequently overlooked aspect of inventory management and accounting for product businesses. Let’s break down what it is, how to calculate its value, plus a few tricks for smarter management of in-transit goods. What is in-transit inventory? Who owns in-transit inventory?

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How to Make Supply Chain Complexity Work to Your Advantage

ToolsGroup

With supply chain complexity increasing at an unprecedented rate, perhaps the biggest challenge for businesses is figuring out how to navigate this uncertainty to deliver service profitably. This invariably leads to extra freight costs and excess and obsolete inventory that either needs to be written off or sold at a heavy discount.