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Ocean Freight Contract Season: An Overview and Key Components

MTS Logistics

The ocean freight contract season is a critical time for businesses involved in global shipping and trade to negotiate advantageous terms and rates for delivering products across international borders. When does the ocean freight contract season get negotiated?

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Insights for Developing, Executing, and Monitoring your Parcel Freight to Meet Demand

CH Robinson Logistics

With the continued growth of ecommerce and heightened consumer expectations, fast delivery options, tracking notifications, and shipping costs have become a key driver in customer satisfaction. Executing against the wrong strategy—or not having a strategy at all—can lead to higher costs, negative margins, and lower customer satisfaction.

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2018 Parcel Oversize Changes: Tightening of the Vise

Talking Logistics

Overall, not only are fees increasing to $80 list for both carriers, but the definitions are tightening, and the minimum billable weight is changing (FDX). For example, if a package qualifies for oversize according to FedEx’s definition, it will receive an $80 charge (list rate). Seek Help: Partner with a Consultant to Minimize Costs.

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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. This integration also helps detect discrepancies or unauthorized fuel usage, thus controlling costs.

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How AI and Machine Learning Changed Procurement Management

CLX Logistics

Procurement management stands at the crossroads of technological innovation and strategic decision-making. From optimizing operational efficiency to maximizing cost savings, organizations must navigate a complex landscape of competing priorities and evolving market dynamics.

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Supply Chain Management:A New Lens for Supply Chain Roadmaps

Infosys Supply Chain Management

They expand into an analysis of revenue-accruing & cost-optimizing functions, and result in the identification of capabilities that the organization aspires to develop or enhance. But what has been lost is an opportunity to look at inventory optimization through the lens of revenue generation and cost optimization.

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What is Minimum Order Quantity and Should My eCommerce Business Set One?

Ship Monk

Minimum Order Quantity Definition. If they sell their finished goods to retail partners or wholesalers, these buyers will expect a lower price in exchange for their higher order volume. If a customer can’t or won’t order the minimum quantity, they’ll either have to shop elsewhere or negotiate with the supplier.