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Fraudulent Returns: How to Protect Your Small Business

GoShip Blog

of retail sales in the US were returned in 2021, and up to 10% of these returns were fraudulent. Your policy should explicitly state the conditions for acceptable returns, the time limit, required documents (receipts, tags, etc.), Unfortunately, higher return rates also translate into an increase in fraudulent returns.

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Demand forecasting challenges – how to deal with fluctuating demand

EazyStock

How to overcome demand forecasting challenges. Use this data for your forecast instead of simply using taking the figures from 2020 or 2021 when demand data could be skewed due to the ‘coronavirus effect’. The post Demand forecasting challenges – how to deal with fluctuating demand appeared first on. Use qualitative data.

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Does Your Commodity Optimize For Air Freight Transportation?

Dedola Global Logistics

Part 1 of a 2 Part Blog Series). In this 2-part blog, we’ll discuss the following shortlist of commodities: toys, medical supplies, cosmetics, apparel, electronics, lighting fixtures, and musical instruments. How to Optimize Airfreight. Accurate documentation – accurate commercial invoices are a must! billion last year.

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Will Q4 of 2020 Change the Way We Look at Bid Season?

Blue Grace Logistics

With bid season fast approaching for shippers, understanding what Q4 has in store will have a tremendous impact on how you go about your bidding process for 2021. These two factors combined can result in elevated truckload spot rates and capacity shortages through the end of 2020 and potentially continue well into 2021.

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Does Your Commodity Optimize For Air Freight Transportation?

Dedola Global Logistics

Part 1 of a 2 Part Blog Series) Dedola Global Logistics has been a leading provider of intermodal cargo shipping since 1976 and has partnered with airfreight clients across a variety of industries. Some stats: Toy imports were at a 3-year high in 2020, which continued through 2021. Early booking has become a must. billion last year.

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Transportation Software Gets “Social”

Blue Grace Logistics

Booking a freight shipment in 2021 is perhaps tougher than it’s ever been, thanks to disruptions like pandemic closures, port congestion, trucking capacity shortages, and fallout from the Suez Canal blockage. To read the entire blog visit BlueGrace Logistics. That’s good news for shippers. DC Velocity.

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Top 6 Supply Chain KPIs: Keep Your Dashboards Simple

Logistics Bureau

Accurate documentation: This metric tracks the percentage of sales orders accompanied by accurate documents throughout the process. Documents included in the metric can vary but usually include advance shipment notifications (ASNs), labels, and invoices. How to Calculate Inventory Days of Supply. x 0.96 = 0.8661.