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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. Shipping Frequency, Service Routing, Delivery Time, Compensation Clause, etc.,)

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

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Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. Greener Shopping and Shipping: The Rise of Carbon Neutral e-Commerce Delivery.

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Cloud-Based TMS: 7 Reasons Why Transportation Management Systems Have Their Heads in the Cloud

GlobalTranz

Transportation management systems ( TMSs ) are not a new concept, but where they are hosted now, in the cloud, is still new to the shipping industry. This means managing shipments and inventory can be simplified and taken with you, giving you renewed freedom in operating your business. You simply log in and go. In a Nutshell.

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Supply Chain Analytics: A Continued & Renewed Focus on Using Data for Improvement

GlobalTranz

As explained by Bruce Tompkins , improving the supply chain includes improving service levels through better inventory management, reducing operating costs, reducing order-cycle time, achieving 100-percent accuracy, improving supply chain security and control, and improving flexibility.

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President Andrew Lynch On What We Must Do To Create Nationally Secure And Resilient Supply Chains

Zipline Logistics

This article was originally published by David Leichner of Authority Magazine. . Andrew Lynch x Authority Magazine Interview. This looks like increasing order visibility and analyzing performance data using shipping intelligence software. Before we dig in, let’s get to know Andrew. Perform a network analysis.

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Leveraging Big Data in Logistics Into Meaningful Business Analytics

Intelligent Audit

One solution is to turn to big shipping data. Inventory Predictions. Big data enables shippers to determine what and how much inventory they need to avoid stockouts or over-ordering. Behavioral analysis has moved beyond the realm of magazine quizzes and into biometrics, cybersecurity, and even human resources.