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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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The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

The definition of agility and resilience will continue to evolve. The creation of a new digital ecosystem has enabled these and other changes that will shape the definition of supply chain agility and resilience in the 2020s and beyond. There are Also Commercial Reasons. The Road to Agility and Resilience. A Positive Example.

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December 28, 2023 Update

Freightos

More Resources Home December 28, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) increased 11% to $1,621/FEU.

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How to Improve Inventory Turnover with Inventory Optimization

EazyStock

This post will explain how, but first, let’s deal with a few simple definitions. Here are six inventory optimization strategies to improve inventory turnover without damaging stock availability: Know your inventory items’ position in their product life cycle. Most items in the growth stage will experience an upward demand trend.

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Generative AI in Supply Chain: How It Impacts Your Logistics

Trinity Logistics

Businesses constantly seek innovative solutions for their supply chains to streamline operations, reduce costs, and enhance customer experience. Now, there’s a lot of definitions out there, but here’s how I define it. Biggest one is data analysis. Trending is another great one to look at across data sets.

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Black Friday & Cyber Monday Prep: A Checklist for Ecommerce Business Owners

Ship Monk

For others, they’re signs of elevated stress levels, which can definitely lead to eating way too many cookies. An advertising strategy and budget Financial projections Demand forecasting Growth strategy (see our guides to growth and scaling your ecommerce business). . #2 While this information is helpful, it’s still not enough.

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How to Write a Winning Business Plan

Ship Monk

If you really want to play it smart, market research is one step you definitely don’t want to skip out on. In addition to understanding your market, try to contextualize it as much as possible with historical trends and stone cold data. Competitive Analysis. Marketing Strategy. These two work in tandem. #4.

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