MTS Logistics

JULY 21, 2023

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.

Cost Reduction 65

Cost Reduction Document Expense Reduction Supply Chains 65

MTS Logistics

OCTOBER 16, 2023

But, keep in mind it is documented that most of our infrastructure was built using the temperature records from the mid-20th century. In 2017, a study assessed extreme climate impacts on infrastructure in Europe. Project cargo weight on these possible compromised roads and railways should be a concern even with DOT route surveys.

Cargo 96

Cargo Transportation Cost Reduction Temperature 96

Logistics Bureau

MAY 24, 2019

The following five mini case studies explore a few high-profile companies that have managed to sustain their supply chain cost-reduction efforts and keep expenses under control. Procurement analysis. Terex decided to replace the outdated manual yard management process with a new, digital solution using RFID tracking. Sunsweet Growers.

Cost Reduction 65

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 65

Logistics Viewpoints

MARCH 6, 2023

In a survey of 54 senior executives, only about one in four believed that the processes of their companies balanced cross-functional trade-offs effectively or facilitated decision making to help the P&L (profit and loss) of the full business.” Mr. Sorenson has studied integrated business planning for many years.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 141

Automotive Logistics

MAY 17, 2018

There have been many studies and horror stories about the accuracy of freight invoices and seasoned professionals acknowledge that the invoice mistakes are there – some citing error rates as high as 20%. Blockages in the payment pipeline are often due to discrepancies in the invoices and supporting documents submitted.

Procurement Solutions 28

Procurement Solutions Supply Chain Design Software Logistics Network Optimization Software Negotiating Skills 28

Logistics Business Magazine

JUNE 14, 2019

Her newest report Resolving the Blockchain Paradox in Transport and Logistics points to the fact that 88% of the people who responded to her survey say that blockchain will disrupt the industry, yet nearly three-quarters (74%) say that they’re exploring opportunities only superficially or haven’t thought about blockchain at all.

Sourcing Strategies 28

Sourcing Strategies Collaboration Optimization Software Logistics Network Optimization Software 28

WorkWave

AUGUST 4, 2020

In the grand scheme of things, data analysis falls into the categories of descriptive, predictive, and prescriptive. Predictive data is arguably the most important type though, as analysis allows you to draw actionable insights and make business decisions that can impact what happens next for your business.

Data 91

Data Procurement Analytics Sourcing Strategies Ordering 91