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Why Benchmarking Alone Isn’t Enough for Proper Transportation Cost Analysis

GlobalTranz

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Driver wages represent 26% of costs.

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Supply Chain risks to retail profitability

Logistics Business Magazine

In a thoughtful webinar today digital freight forwarder Zencargo co-Founder, Richard Fattal, and Bis Henderson ‘s Louisa Hosegood debated the unprecedented pressures in the global supply chain this year and how they jeopardise retailer’s profitability. They are evaluating purchasing needs and ethical choices. Own the total.

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How the Three M’s Can Help You Cut Down on Supply Chain Cost

Blue Grace Logistics

Understand where cargo can be consolidated to increase cost savings. Measure carrier cost structures to maximize efficiencies and lower costs. “Understanding how to create an overview of your supply chain is the very first step in measuring what your company is doing right now and what your current process looks like.

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Using Predictive Analytics For Better Supply Chain Resilience

Blue Grace Logistics

Approaching a demand analysis with historical data and seasonal variations is no longer competent. The drivers for growth are not simple factors like the price or quality of a product. Customer expectations and the buying capacity of the purchaser coupled with the cost of substitutes or complementary goods also play an important role.

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Streamlining the tedious: automating the AP process for manufacturers

SYSPRO Smarter ERP

The software can automatically capture invoice data and match it against existing purchase orders and receiving reports , ensuring that all information is accurate. Your employees may spend hours manually entering data into your accounting system and matching invoices to purchase orders.

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[INFOGRAPHIC] Expert Reveals 7 Supply Chain Trends to Watch

GlobalTranz

As a transportation management third party logistics company, we know at Cerasis that transportation makes up a large portion of the costs and efficiencies of any supply chain. As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern.

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.