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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. At the heart of it all, an effective procurement strategy remains paramount.

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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. What is in-transit inventory? In-transit inventory is products that have been shipped by the seller but have yet to reach the customer. Who owns in-transit inventory?

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A Long Road Ahead for Procurement Professionals Managing Their Supply Chains

ModusLink Corporation

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Consider global container shipping rates. But what does that mean for future strategies in procurement ? Ongoing Optimization Shippers must optimize their procurement strategies.

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Boosting Efficiency: Top 5 Inventory Optimization Strategies

SCMDOJO

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

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What Do You Mean By Supply Chain Visibility?

Logistics Viewpoints

FourKites CEO, Matt Elenjickal One of the two leaders in the real-time transportation visibility market is FourKites. Shipment/inventory tracking can tell you whether a shipment will be on time, but not whether everything that was supposed to be on that shipment is there. That is fast growth. How Do You Spell ROI?

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A New Kind of Supply Chain Managed Services

Logistics Viewpoints

For managed transportation services, a best of breed transportation management system is at the heart of the service. This is much less common than contract logistics or even managed transportation. This model comes from a partnership between GEP and Eliant Inventory Solutions.

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The Perfect Procurement Plan: Why Visibility Into the Supply Chain Is Important

Turvo

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.