How a freight audit can help to optimize your LTL shipping strategy.
Freightquote
JULY 23, 2019
Learn how undergoing a freight audit can help you identify savings opportunities and optimize your LTL shipping strategy.
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Freightquote
JULY 23, 2019
Learn how undergoing a freight audit can help you identify savings opportunities and optimize your LTL shipping strategy.
Freightquote
NOVEMBER 28, 2018
Learn how undergoing a freight audit can help you identify savings opportunities and optimize your LTL shipping strategy.
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DC Velocity
JUNE 25, 2018
Combination of freight audit service providers will create single technology platform across all shipping modes, firms say.
GlobalTranz
JULY 22, 2015
While you can generally give the several freight invoices you get each day, week, or month a cursory review to ensure you understand what's being spent, a much better option is to focus on regular freight auditing process. Freight Auditing Components & Setting Expectations of Needed Resources. or you don't.
The Logistics of Logistics
AUGUST 21, 2023
Transitioning to sales and marketing, he mastered go-to-market strategies for driving growth. Intelligent Audit provides actionable insights to fine-tune shipping strategies, minimize costs, and maximize efficiency. Sales and marketing are his true calling.
MercuryGate
JULY 25, 2023
Managed transportation relies on third-party logistics providers to create an enhanced logistics strategy. The third party takes care of freight and logistics services that could include rate management, freight audits, procurement, and other managed transportation services.
Logistics Business Magazine
SEPTEMBER 19, 2023
Transporeon , a leading Transportation Management Platform and a Trimble Company, has announced new platform innovations that enhance its spot quotation, contract rate benchmarking and freight audit capabilities. Autonomous Quotation generates quotes based on companies’ individual quotation strategies.
Logistics Viewpoints
SEPTEMBER 28, 2023
Thus, it has become critical that executives dig into the multifaceted domain of TSO, which encompass pivotal aspects such as the implementation of global freight audit and payment (FAP) solutions, smart delivery performance management practices and other factors that can yield a significant effect.
GoShip Blog
FEBRUARY 14, 2023
Examples include missing freight, delivery delays, damaged products, hidden charges, ambiguous documentation, poor contract terms, and limited carrier networks. Understanding the causes behind these issues and having the ability to identify warning signs will help you implement strategies to keep their occurrence to the barest minimum.
FreightWaves SONAR
MARCH 23, 2021
What’s the ideal carrier market strategy for different regions? How the Intelligent Audit analytics platform works and brings value to retail shippers. How can retailers specifically leverage their network to help them deliver to their consumers more efficiently?
TransAudit
AUGUST 29, 2023
Aggressive Competition and Price Undercutting With rivals employing aggressive pricing strategies, YRC found it challenging to maintain its price points in a saturated market. This involves having a robust risk management strategy, maintaining a healthy balance sheet, and having contingency plans in place.
GlobalTranz
FEBRUARY 5, 2015
Freight Audit Benefits. Based on the research of inboundlogistics.com, freight costs can make up 10% of an organization’s expenditure. Inbound logistics details the freight audit process as follows: “To begin the auditing process, a freight logistics company receives its clients’ freight bills directly from carriers.
FreightWaves SONAR
FEBRUARY 4, 2021
Performing freight audits regularly will track accessorial costs such as these and show which types of extra activities may incur added charges. Choose the right carrier based on landed freight spend. In addition, it saves both time and money, reducing avoidable truckload freight spend. Download the White Paper.
Logistics Business Magazine
DECEMBER 14, 2021
It takes control of governance tasks such as freight auditing for its customers and has been advising on all logistics issues for over 60 years. Städtler Logistik optimises complex and company-specific logistics and transport processes with software products such as TRAMPAS and LP/2.
Logistics Viewpoints
JUNE 6, 2022
Derek Gittoes, a vice president of supply chain management product strategy at Oracle, said “this is very much an estimate. When the invoice from the carrier comes in, the TMS’s freight audit module can see whether the expected cost of the trip matches, or comes close to matching, what was expected.
GlobalTranz
APRIL 28, 2016
What’s the Difference Between Freight Payment Processing and Freight Auditing? Freight payment processing is basically how a shipper can pay respective carriers for their services. Meanwhile, freight auditing takes on the role of payment verification. Freight Audit. They should!
GlobalTranz
JUNE 21, 2018
The Freight & Transportation Management Trends to Know in 2018. That amounts to roughly 64 potential combinations for over the road transportation, and that excludes value-added services, such as ease in freight auditing or payment processing. Freight claims management services. Inbound freight management.
Shipchain
APRIL 25, 2019
Shippers have traditionally turned to third-party logistics providers (3PL) to augment their logistics strategies. Instead of merely providing logistics management and expansion of available capacity, today’s 3PL offers a whole host of additional services, including freight invoice auditing, claims management, warehousing and more.
GlobalTranz
JULY 10, 2017
Omnichannel sales strategies must think about having every product, every time and available across all channels. Complete logistics processes, like freight auditing, freight classification, carrier selection, billing and payment completion. Items may be reordered from suppliers, and shipments begin.
GlobalTranz
AUGUST 13, 2018
For instance, blockchain enhances freight auditing and invoice management, as well as cybersecurity. Align blockchain systems with business strategies. To access this value, supply chain executives need to understand what’s holding it back, how it depends on integrated systems, and a few best practices to maximize returns.
Blue Grace Logistics
JUNE 21, 2018
A well designed and effective TMS is of paramount importance in: Reducing freight costs. Freight audit. The transportation management workflow must always be evolving as trade is dynamic and there must be constant workflow audits along the various silos within the supply chain. Consolidation. Improving visibility.
Blog on Log
JANUARY 19, 2006
2) Future TMS platforms must provide the China market with distinct features and functions (not clones of what is being used in Germany or the United States) to manage shipment related tasks like booking, asset management, track&trace, freight auditing, etc. Is your company willing to take the risk? Or, will it get stung by the ASP!
GlobalTranz
FEBRUARY 20, 2018
Creating in-house last-mile strategies increases risk, so more companies will begin outsourcing last-mile delivery service in favor of meeting consumer demands. Drivers credentials must be verified. They must undergo health and mental wellness exams. If a problem arises, the company must mitigate their losses.
GlobalTranz
MAY 9, 2018
Implementing a freight auditing program for parcels is an excellent way to identify these added costs and issues, as well as notify carriers of their failure to live up to their end of the contract. Hold Carriers Accountable for Delivery Shippers must hold carriers accountable for meeting delivery.
GlobalTranz
MARCH 16, 2017
Strategic transportation technology and services include value-added services, such as small packaging shipping, freight consolidation, and freight auditing. With dimensional pricing (DIM pricing) models replacing traditional freight classification, the importance of cost savings cannot be overstated.
Logistics Viewpoints
MARCH 16, 2023
Körber acquired enVista’s Enspire Commerce platform and its Freight Audit and Payment (FAP) service in 2022. About a year ago, private equity firm KKR invested in Körber SCS, providing capital for the company’s strategy to build out an end-to-end platform of supply chain software.
GlobalTranz
JULY 20, 2018
In an environment of increasing freight costs, greater pressures on supply chains, and ever-expanding competition, shippers need to focus on where they can cut costs and increase operational efficiency. A shipping network strategy must consider shipping profiles for different times of the year. download ebook.
247 Customs Broker
JUNE 4, 2018
This presentation has been viewed by hundreds of executives over the past month and is proving to be effective at getting teams together to understand the marketplace and brainstorm strategies to help them get their freight costs under control. CEOs are asking questions. Now you can have answers. About the Author. Mike Regan.
247 Customs Broker
MARCH 26, 2018
As the VP of Sales for a large national truckload carrier recently told me, “Today, our negotiation strategy is indifference. So if you have been a price-driven, transactional shipper who has eschewed building long term relationships with your carriers, get ready, because your freight budget is going to get walloped! March 26, 2018.
Automotive Logistics
JANUARY 29, 2018
Such software and planning systems are also highly relevant for a wide range of purposes in outbound automotive logistics systems, including for the execution of transport activities and the creation of transparency in relation to distribution flows, increasing transport load rates and auditing freight invoice and payments.
GlobalTranz
MARCH 18, 2015
You will want to gain insight into what differentiates one 3PL from another, what core capabilities they offer and what skills do they have in developing strategies and thought leadership. From this vantage, a strategic 3PL partnership will form a collaboration with your company to fine tune a strategy to meet your needs.
Talking Logistics
APRIL 27, 2017
Fast forward to today, almost 20 years later, and we find ourselves again in a new and exciting chapter in the TMS market.
GlobalTranz
MARCH 17, 2015
Freight Class doesn’t mean just pick “Freight All Kind” or FAK. Knowing your freight class is vital to getting an accurate rate and avoiding a reclass or dealing with correcting an invoice when a freight audit is performed. Want to know exactly how to pick the right freight class?
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