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How to Allocate Freight Costs to Inventory

MercuryGate

Using new technology and proactive, smart transportation is critical. 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.

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How to Achieve the Perfect Delivery

Logistics Viewpoints

The benefit is that it does not matter where an order originates; all fulfillment channels have access to the information and the retailer can appropriately allocate the inventory depending on stock levels, demand requirements, and timing of fulfillment. Planning and execution is focused on freight moves involving a carrier.

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5 Transportation Management Optimization Practices

GlobalTranz

The world of logistics and managed transportation is continuously evolving. Transportation professionals are tasked with reducing costs while increasing customer satisfaction levels. Transportation management optimization can help, provided shippers know a few things about its value and where to start.

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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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3PL vs 4PL: How to Know Which One is Right for You

GlobalTranz

They all involve a degree of outsourcing transportation functions, whether that’s supply chain cybersecurity management or white glove services , and technically, all 4PLs and 5PLs exist as 3PLs too. Shippers should understand these layers of logistics and how each brings value to a logistics strategy. Billion by 2026.

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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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9 Barriers to Optimal Inventory and How to Break them Down

Logistics Bureau

Too much inventory in your distribution network? Inventory costs too high? These are all pervasive issues for supply chain operators worldwide—and are classic symptoms of suboptimal inventory performance. But what exactly does inventory optimisation mean, and what obstacles must first be broken down to achieve it?