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6 Benefits of Transportation Consolidation Programs & How They Reduce Freight Spend

GlobalTranz

For manufacturers and shippers, freight spend represents one of the largest costs to the respective company. However, freight rates are continuing to increase , yet the end users continue to demand lower shipping rates. In other words, transportation providers and shippers have to do more with less while reducing costs.

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What Are the Challenges in Full Truckload Freight Management?

GlobalTranz

Small and mid-sized shippers face many challenges in full truckload freight management. Different carriers charge different rates, which reflect the relative trucking activity of a destination, and freight management requires navigating a complex system of drivers, trucks, and trailer types, while trying to get the best deal possible.

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Freight Classification Errors, Re-Weighs, & Other Common Freight Adjustments Are Eating Your Bottom Line’s Lunch

GlobalTranz

There is a strong relationship between mismanaged supply chains and transportation and loss of profits, as an effectively structured supply chain will reduce business operation expenses. As we said in our freight claims series, knowledge is power in avoiding errors that may drive up your transportation costs unnecessarily.

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InFocus: Why Supply Chain Optimization is Key to Success for FMCGs

Locus

Companies need to optimize their supply chain to reduce costs and improve their bottom line. To throw light on the issue, Locus recently hosted a webinar featuring Ali Aarafat, Regional Director, SEA, Locus, and Wahyu K. Wicaksono, Director of Supply Chain at PT.

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The Digital Supply Chain Demands the Use of Smart Supply Chain Technologies

GlobalTranz

In other words, systems that have a proven record of accomplishment and success can eliminate these pitfalls and risks. For example, smart technologies can be leveraged to reduce wait times and delays for fleet drivers. Essentially, bad data is the conglomeration of incorrect data capture and application.

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4 Benefits Shippers Realize when Transportation EDI is Utilized in a TMS

GlobalTranz

But let’s start with Cost Savings anyway: Expenses associated with paper, printing, reproduction, storage, filing, postage and document retrieval are all reduced or eliminated when you switch to transportation EDI transactions, lowering your transaction costs by at least 35%. for an order processed using EDI.

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Digitization in the Making – A reflection post-pandemic frenzy!

The Logistics & Supply Chain Management Society

Imbalances in ocean transport, port congestion and equipment shortages, with surging freight rates became the new normal. An attendee poll taken at a conference of The European Freight and Logistics Forum hints at some cultural challenges. A model which replaces our “take-make-waste” model with a repair-reuse-recycle approach.