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Navigating a Lost Bill of Lading (BOL) with Courier Companies in International Trade

MTS Logistics

The global shipping industry heavily relies on accurate and timely documentation, such as the Bill of Lading (BOL), to transport an astounding 11 billion tons of cargo annually. However, supply chain disruptions caused by document delays or loss can have severe financial consequences for businesses. million per event.

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How AI and Machine Learning Changed Procurement Management

CLX Logistics

From streamlining sourcing and supplier management to optimizing contract negotiations and spend analysis, AI and ML offer various capabilities that can revolutionize procurement management operations and drive sustainable value creation.

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How Freight Forwarders Benefit Businesses and Personal Shippers

ShipLilly

For example, a recent survey of 100 randomly selected people showed that many are not conversant with shipping industry terminologies, let alone the services. Hence, it is not surprising that early analysis indicates that 8 out of every 10 participants in the survey had never heard of the term “freight forwarding.”

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How Changing Climate Conditions Affect Project Cargo Transportation and What to Do About It

MTS Logistics

But, keep in mind it is documented that most of our infrastructure was built using the temperature records from the mid-20th century. Project cargo weight on these possible compromised roads and railways should be a concern even with DOT route surveys. Of course, this is not the world we are in today.

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The Impact of Visibility In Fireproofing Inventories Against Volatility

Blue Grace Logistics

In 2020, Ernst & Young LLP (EY US) conducted a survey of 200 top supply chain executives to know the pandemic’s impact on supply chains, goals for the next 3 years, and the path to digital supply chains. According to the survey, only 2% of organizations said that they were well prepared for the pandemic. logistical visibility.

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Use Digitization to Transform Chemical Supply Chain Planning Copy

CLX Logistics

Within the chemical industry, challenges such as regulatory compliance, market volatility, and stringent safety measures require innovative solutions. 1] Chemical supply chain planning specifically refers to applying supply chain planning principles and strategies within the context of the chemical industry.

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Buying RPA for Supply Chain: 5 Steps to Selecting the Right RPA Software Provider

RPA Labs

RPA for supply chain, also referred to as logistics process workflow automation , changes how the industry deals with customer demands and market trends, particularly during market volatility. ?What Remember to Think About the Value of Digital Document Management and Integration. Conduct a Full Cost Versus Benefit Analysis.