Remove KPI Remove Magazine Remove Shipping Remove Transportation
article thumbnail

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. It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport.

article thumbnail

Leveraging Big Data in Logistics Into Meaningful Business Analytics

Intelligent Audit

One solution is to turn to big shipping data. To harness the power of big data analytics in transportation , companies also must integrate it with current systems. Behavioral analysis has moved beyond the realm of magazine quizzes and into biometrics, cybersecurity, and even human resources. Financial Data.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

The reason why they can do this is that customized products are sold directly to customers so they have the higher profit margin to compensate the higher transportation cost. Moreover, products can be shipped to stores in-time then lost sales is minimal. Managing transportation at this scale is the absolute challenge.

article thumbnail

Reverse Logistics: Who Does it Well?

Logistics Bureau

From a shipping standpoint, reverse logistics works well when the product being returned is routed directly to the correct location. Reps work with customers to get computers installed and working as required, rather than shipping them back. Take the hurdles like who pays for the shipping out of the equation.

article thumbnail

History and Evolution of Supply Chain and Logistics

SCMDOJO

. “ Supply Chain Management is defined as a channel construct as the structure of inter-company units and extra-company agents and dealers, wholesale and retail, through which a commodity, product, or service is marketed” Supply Chain KPI Dashboard. The First: The Transportation Era (1950s).

article thumbnail

My Parcel Invoice Said What?! Why Parcel Invoice Auditing Software is Paramount in your Logistics Technology Stack

GlobalTranz

Parcel shipping makes up a major portion of the total transportation and shipping industry, and the volume of parcel invoices coming into even small shippers can be overwhelming. In addition, parcel shipping can be a cost center filled with instances of double billing, inaccuracies, and problems.