The Logistics of Logistics

SEPTEMBER 22, 2021

Marty has worked with Ruan for over 25 years and has held a series of positions with increasing responsibility within sales, supply chain solutions, quality, and logistics. Prior to joining Ruan, Marty gained valuable experience working at other carriers and at large shippers. Learn More About Transportation vs Logistics.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Transportation Supply Chain Planning Software Warehousing 130

Supply Chain Shaman

NOVEMBER 15, 2021

Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. ” This massive positive windfall is double the profit made by carriers over the past 20 years combined. The implementation of control towers lack a dial tone giving business leaders a false sense of security.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. ” This massive positive windfall is double the profit made by carriers over the past 20 years combined. The implementation of control towers lack a dial tone giving business leaders a false sense of security.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Intelligent Audit

SEPTEMBER 2, 2021

To improve freight invoice and carrier management, freight audit and payment is the best option. By using freight audit and payment, shippers can know exactly where the money is and where more profits are possible, all while ensuring a proper carrier and shipper relationship.

Negotiating Skills 52

Negotiating Skills Freight Resource Reduction Cost Reduction Strategies 52

Intelligent Audit

NOVEMBER 3, 2021

The implications of reduced cost in just this one area of processing and freight payment management can have a significant impact on profits. But freight payment remains a very complex and often error-prone process. What Are Freight Payment Services. Freight payment service may also be known as freight audit and payment.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Vendor Strategies Expense Reduction 52

Intelligent Audit

MAY 17, 2022

Today, much of the freight industry believes the traditional freight invoice audit and payment practices are in the latter category. As companies inside and out of the supply chain challenge the norms in freight bill payment, shippers can unlock a path to big savings with a proper understanding of using traditional methods in modern times. .

Freight 52

Freight Supply Chain Software Purchasing Skills Supply Chain Design Software 52

ShipBob

MAY 22, 2023

Shipping labels display important information about a package’s destination to a carrier during transportation. Shipping labels are important because they clearly display the information carriers need to deliver packages from their start destination (either a warehouse or fulfillment center) to their end destination (customer’s doorstep).

Shipping 98

Shipping Logistics Network Optimization Software Analytics Software How To 98

Intelligent Audit

AUGUST 23, 2021

Freight audit and payment processing play a crucial role in ensuring shippers only pay for actual costs incurred and not for errors caused by carriers and other service providers. That has driven companies to consider an alternative: outsource freight audit and payment to save resources through applied business intelligence.

Analytics Software 52

Analytics Software Freight Predictive Analytics Software Supply Chain Network Software 52

Shipchain

MAY 3, 2019

The Federal Motor Carrier Safety Administration (FMCSA) recently rolled out hours of service regulations and the electronic locking devices mandate, and truckers are struggling to stay in compliance with these measures. Blockchain Can Streamline Payment Management and Build Positive Relationships.

Supply Chain Planning Software 117

Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software Supply Chain Software 117

Supply Chain Matters

OCTOBER 10, 2023

Logistics Start-Up Loop Announces $35 Million Series B Funding Logistics industry audit and payment services platform provider Loop has announced that the start-up has raised $35 million in a Series B investment round co-led by J.P. The technology aims to accelerate the movement of money between shippers, carriers, and brokers.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 52

Intelligent Audit

SEPTEMBER 15, 2021

Discovering billing mistakes through leveraged data from freight audits helps shippers identify cost-cutting opportunities through accurate invoicing and payment processing. Freight audit savings might arise from recouping costs due to overbilling, service guarantee failures, or simply using the wrong carrier for each load.

Waste Reduction 52

Waste Reduction Cost Reduction Strategies Analytics Software Resource Reduction 52

The Logistics of Logistics

DECEMBER 4, 2023

About Denim Fast, simple, and secure payment transactions for freight brokers, carriers, and shippers. Denim is the go-to freight payment system for freight brokers and fleets, processing over $1 million in payments daily. We automate invoicing, collections, and payments, reducing freight broker tasks by 75%.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Analytics Software America Freight 216

Intelligent Audit

JANUARY 6, 2022

Offer More Payment and Shipping Options. An effective small retail e-commerce strategy must begin with flexible and diverse payment and shipping options. Strict, rigid shipping and payment processes will inevitably lead to the alienation of large swaths of your customer base. Provide Discounts on Worthy Purchases.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 52

Intelligent Audit

SEPTEMBER 28, 2021

Aside from labor costs and freight payments , transportation and logistics management—including paying carriers and sending freight—can eat up budgets and add to fees. Freight audit and payment (FAP) service providers can assist with data collection and application regarding transportation spending.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Supply Chain Design Software Transportation 52

Unleashed

FEBRUARY 29, 2024

Retail software is a range of technological solutions that can help retailers improve customer satisfaction, profitability, efficiency, and productivity by streamlining manual tasks. It achieves this by automating core processes in a business’s operations and improving data accuracy and security.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Analytics Software Supply Chain Planning Software 52

Intelligent Audit

SEPTEMBER 20, 2021

As reported by Supply & Demand Chain Executive , “As the shipping industry becomes more complex, so too does freight payment. Outsourcing freight audits and payments can provide advanced software and IT platforms to ingest, cleanse, normalize, and analyze shipping data. What Is Freight Audit and Payment.

Analytics Software 52

Analytics Software Resource Reduction Cost Reduction Strategies Supply Chain Planning Software 52

ShipBob

MARCH 28, 2024

In-bond shipments offer a solution by allowing goods to move through countries without immediate appraisement and customs clearance — saving both time and money. These locations ensure that in-bond items are secure and properly managed until duties are paid or they’re exported.

Inventory Reduction 52

Inventory Reduction Supply Chain Design Software Inventory Management Software Cost Reduction Strategies 52

Talking Logistics

APRIL 11, 2019

But lately, we’ve started seeing more optimism and ideas for blockchain’s use, especially as it emerges as a possible solution to shipment visibility and carrier communications. There are more than 500,000 TL carriers in the U.S. There are just far too many different carriers to onboard into an API/ELD network for tracking.

Transportation 105

Transportation Supply Chain Network Software Optimal Sourcing Optimization Software 105

Intelligent Audit

MAY 20, 2021

The modern-day supply chain network relies on fast and affordable shipping solutions for retail customers. Retail shipping estimates from carriers help consumers make intelligent purchases and plan future purchases more effectively. Enhance Freight Payment Processes With Secured Transactions.

Meeting 52

Meeting Analytics Software Purchasing Skills Shipping 52

GlobalTranz

SEPTEMBER 5, 2018

The implications of a technology capable of self-maintaining security, maximizing data reporting and accuracy, streamlined payment processing and shipment scheduling, immediate access to real-time data, and end-to-end transparency evoke mirages from the past, asserts Talking Logistics With Adrian Gonzalez.

Supply Chain Planning Software 198

Supply Chain Planning Software Analytics Software Supply Chain Network Software Demand Planning Software 198

American Global Logistics

NOVEMBER 21, 2023

This article sheds light on some common challenges associated with big data, including data quality, security, and privacy concerns. Potential solutions exist that you can employ: Implement data quality checks , validation rules, and data profiling to identify inconsistencies, inaccuracies, and duplication.

Analytics Software 52

Analytics Software Quality Security Analytics 52

Unleashed

APRIL 21, 2024

Order processing begins when a customer places an order and involves the administrative tasks of verifying payment, updating inventory levels, and ensuring the order details are correct. The customer’s information and payment are verified for accuracy. Shipping: The order is handed over to a delivery service.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

Intelligent Audit

SEPTEMBER 9, 2021

Freight audit and payment management can help highlight and address these expenses. Delays in payment due to manual reviews and outdated processing procedures. Anomalies that result in delays in settlements, payments, and invoicing. How Freight Auditing and Payment Boosts Working Capital and Cash Flow.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Intelligent Audit

MARCH 9, 2022

The Colonial Pipeline attack in June 2021 clearly demonstrated the devastating repercussions of having inadequate cybersecurity—and more specifically, poor data security—in the supply chain. Answering the question, “Why is supply chain security important?”, What Is Data Security in the Supply Chain ?

Security 52

Security Supply Chain Software Analytics Software Supply Chain Network Software 52

Enterra Insights

APRIL 20, 2021

.” All Roads Have a Last Mile Hewitt states this simple truth: “All of the investments and energy that retail companies devote to product evaluation, sales, marketing and customer engagement will amount to very little if they cannot get their goods efficiently and securely into the hands of waiting buyers.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Predictive Analytics Software 130

Shipchain

APRIL 25, 2019

The first issue with a 3PL developing an in-house blockchain-based solution goes back to cost. It takes time and money to develop an in-house solution, but that is not the whole scope of the problem. As noted by Adam Robinson of Cerasis , intermediaries may include freight brokers, other 3PLs, shippers, carriers, and B2B resellers.

Logistics Network Optimization Software 73

Logistics Network Optimization Software Modeling Software Optimization Software Demand Planning Software 73

DAT Solutions

APRIL 3, 2017

(This is a guest blog post by Steve Hausman (right), president and CEO of Triumph Business Capital, DAT's exclusive provider of factoring services for carriers and brokers. During the first part of this year we’ve seen more shippers extend their payment terms than at any time since the financial crisis of 2008. The golden rule.

Expense Reduction 70

Expense Reduction Price Reduction Cost Reduction Strategies Vendor Strategies 70

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

The right technology solutions allow supply chain operations to make data-driven decisions and provide a competitive advantage, particularly if an organization’s competitors are slow to adopt the latest technology advancements. We’ll discuss robotics solutions in more detail later in this guide. Advanced and predictive analytics.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Intelligent Audit

APRIL 18, 2022

For several reasons, outsourcing freight audit and payment services may be the best option for many transportation and shipping companies. Freight audit and payment services are a vital part of modern shipping and logistics and can be improved with outsourcing and partnerships with freight audit companies.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Resource Reduction Freight 52

Intelligent Audit

FEBRUARY 3, 2022

Shippers can ensure they are getting the best possible rates from their carriers by working with a freight audit consultant. In addition, freight auditing consultants also help identify potential loss leaders to reduce carrier costs. But that value could be significantly higher with expert-guided help in managing invoicing and payment.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Turvo

JUNE 12, 2020

That’s the Catch-22 of the situation, but a potential solution is within their reach. Inability to determine demand versus carrier availability. Delays in paying carriers. Therefore, success hinges on understanding their businesses' needs and the best carriers and shippers to work with to succeed. Poor scheduling.

Analytics Software 53

Analytics Software Analytics Expense Reduction Cost Reduction Strategies 53

Intelligent Audit

OCTOBER 22, 2020

Some, such as The New York Times’ Shira Ovide , have even described the current state of logistics as approaching a “shipageddon,” where traditional approaches to securing capacity are falling by the wayside. When capacity is tight, it feels as though no solution works. New, local, and regional carriers may have available space too.

Capacity 52

Capacity Prescriptive Analytics Software Packaging Resource Reduction 52

SCMDOJO

FEBRUARY 21, 2024

A 4PL combines an existing network of valued carrier relations and a clear understanding of how to enhance performance on selected routes. Nunners’ 4PL experts develop , implement, and manage solutions that streamline your supply chain to make it lean, agile, and demand-driven. Payment History. Proven Track Record.

Logistics Network Optimization Software 66

Logistics Network Optimization Software Logistics Supply Chain Planning Software Agile and Lean Supply Chain 66

Enterra Insights

FEBRUARY 5, 2019

Because each blockchain system has its own standards, some companies are already finding they are likely to end up having to use several different blockchain solutions in order to achieve better visibility. ”[7] They go on to list some of the advantages blockchain solutions can provide. That can be both costly and ineffective.

Predictive Analytics Software 100

Predictive Analytics Software Supply Chain Software Supply Chain Network Software Waste Reduction 100

Material Handling & Logistics

OCTOBER 18, 2017

Blockchain technology could help introduce higher levels of security to and confidence in supply chain transactions. A blockchain is a secure, digital ledger of data, organized in blocks that are linked together sequentially (hence the name). Hand them to a carrier to transport to a plant: add another block.

Manufacturing Procurement 75

Manufacturing Procurement Sourcing Supply Chain Design Software Supply Chain Software 75

Intelligent Audit

APRIL 5, 2022

As higher parcel carrier fuel surcharges become the norm in the transportation world, finding companies with a proven record of success is essential for shippers. The value proposition of Intelligent Audit has stood through the continued disruptions in logistics by offering a technology-first solution.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Logistics 52

The Logistics of Logistics

APRIL 6, 2013

Carriers address this through fuel surcharges, but it is difficult for transportation managers to know if surcharges are fair or excessive. For example, do you know how your carrier assesses its surcharge, or how it is calculated. Is your carrier using the surcharge to compensate for low rates? What are payment terms?

Negotiating Skills 134

Negotiating Skills Purchasing Skills Cost Reduction Strategies Negotiate Pricing 134