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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.

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Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

But for many enterprises, such integration is easier said than done, and much money is wasted in handling returns , many of which are left to moulder in warehouse corners or sold at ridiculously low markdowns. So how to minimise the impact of returns on your inventory levels and costs?

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The Role of Data Analytics in Supply Chain Management

3PL Links

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

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The Freight Forwarder’s Era: The Top Advantages of Working with a Freight Forwarder

MTS Logistics

Let’s start with some definitions of what a freight forwarder is. Expertise of Freight Forwarders Freight forwarders are well-versed in the knowledge of how to handle the customs regulations and documentation for your international shipments. Add Value to Your Business Finally, a freight forwarder is reliable.

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A hard look at software risks

Automotive Logistics

“The supplier has to say how it is managing and creating security and we carry out onsite audits.”. Römmele explains that all Continental products go through a threat analysis and risk assessment (TARA). “We Internal guidelines spell out how to address risks and test fixes. Both techniques have advantages.”.

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How the pandemic has changed the supply chain

SYSPRO Smarter ERP

But for that special class of disruption, the low-probability, high-impact events like natural disasters, epidemics and other upheavals, organizations don’t know how to mitigate the risk and successfully manage their supply chains, and are now trying to find their way through the minefield of issues and challenges with no clear solution.

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What is Fleet Management | A Complete Overview Guide

Conger

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. Vehicles that undergo proactive maintenance are more reliable.