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Freight Costs: 5 tips to get the biggest bang for your buck

FreightWaves SONAR

As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. Measuring performance with transportation KPIs and freight data is getting easier. Transportation management depends on historical and real-time data. Think about this.

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Top 10 Practical Supply Chain Management Tips for Businesses

3PL Links

Image source: Shipbob | Top 10 Practical Supply Chain Management Tips for Businesses Effective supply chain management becomes an increasingly important sector full of strategic opportunities and difficulties in an increasingly dynamic and complicated network. Check out 10 practical tips to improve your company’s supply chain management: 1.

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7 Tips For Building Supply Chain Resiliency

GlobalTranz

Whether it’s a pandemic, severe weather events, trade disputes and tariffs, economic upheaval, or even unexpected surges in customer demands, you can’t prepare for every eventuality. Tips For Building Supply Chain Resiliency. Utilize a TMS That provides real-time data to remain agile. Redesign your network.

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Fresh Demand Planning: How AI Empowers Retailers

Logistics Viewpoints

Motivated by how many tips I could get, I hated when it would rain for a week straight in the summer because very little ice cream would be sold, and the tip jar would stay empty. Looking back on that week of straight rain in August, not only were my tips affected, but the data for future forecasts was as well!

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Supply Chain Optimization: 5 Tips to Optimize Your Supply Chain

3PL Links

Supply Chain Optimization Tips | Image Source: Flickr A company’s supply chain is made up of players at various levels and diverse logistical components, each of which plays a crucial role. Plan your supply chain in real time In general, past data must be considered while planning the supply chain.

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Near-real-time data-driven route optimization best practices

FreightWaves SONAR

Data represents an integral part of daily life for most people, and it is no different within the transportation industry. That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too.

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6 Tips to Build a Logistics Metrics Scorecard That Guides Decisions

FreightWaves SONAR

Therefore, paying attention to data and building actionable metrics are critical to freight forecasting during COVID-19 and through the next disruption. Partners need to be empowered and have full visibility to shift suppliers, manufacturers or even global production locations based on uncontrollable events at a moment’s notice.

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