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Top 5 Practical Freight & Logistics Applications of Blockchain-Based Systems

Shipchain

Increased visibility of freight scheduling through blockchain is one of the ways blockchain may impact and benefit logistics, especially as it relates to wasted capacity. According to Michelle Fox of CNBC , wasted capacity occurs when drivers or shippers are unaware of available loads in the vicinity. Trucks in the U.S.

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10 shipper of choice tips to aid in securing capacity and carrier relationships

FreightWaves SONAR

Among the shipper of choice tips, offering reliable delivery windows with accurate and on-time truck arrival, communications, and proper documentation will significantly strengthen that reputation. Stop wasting time trying to hope for the best rates. Get started by clicking the button below to request a FreightWaves SONAR demo today.

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Go Green or Go Home: Why Sustainability in the Last Mile is Crucial for Your Business

Locus

They can do this by tracking and documenting all the labor, handling, and materials components from source to destination. Opting for recyclable and green packing materials, reducing packaging materials, minimizing waste and optimizing packing dimensions to fit more parcels per vehicle are some ways this can be done. Schedule Demo.

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Big data and inventory management

EazyStock

It could be open-ended feedback, images, video, audio, or general business documents. This can help identify bottlenecks and improve the efficiency of inventory planning activity to avoid wasting unnecessary time, money, warehouse space, and resources. Unstructured data isn’t as accessible to search or export and is often text-heavy.

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What Is An Exception In E-Commerce Delivery?

Locus

Other important reasons for incomplete deliveries are missing documentation, incorrect labeling, inaccurate geocoding, and miscommunication. High Costs & Wastefulness. Schedule a Demo. appeared first on Locus Blog. As a result, it increases your warehouse storage and delivery logistics costs. Unanticipated events.

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Private Blockchains Could Hurt the Shipping and Logistics Industry

Shipchain

And according to Ethereum co-founder Vitalik Buterin, misapplying the technology in this way is a waste of a company’s time and money. A good example of the limitations of private blockchains is seen in Electronic Data Interchange (EDI), a system for communicating documents like shipments, purchase orders, and returns between partners.