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How to Measure Success: KPIs for Inbound Logistics

WorkWave

In this article, we’ll delve into some crucial KPIs for inbound routing and logistics, aiding companies in assessing their effectiveness and making informed decisions to optimize operations. For more information on how RouteManager can empower your team to tighten your inbound logistics, schedule your free demo today.

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What Are Reorder Points and How to Calculate Them

Ship Monk

This article will explain what reorder points are and show you how to calculate them. How to Calculate a Reorder Point. How to Calculate Demand During Lead Time. Improving Data. Demand forecasting and inventory management rely on accurate data. What is a Reorder Point? There’s a formula for that!

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Are You Hesitant to Make the Move to a TMS?

Trinity Logistics

If you’re reading this article, more than likely you’re interested in a TMS but are hesitant. Considering a 3PL often uses their own TMS, they’ll know how to use it and help you. Without proper reporting from a TMS, it can be hard to gather data to determine which carrier was the cheapest throughout this past year.

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What is Work in Process Inventory (WIP)?

Ship Monk

This article will show you the difference between these types of inventory and how to calculate Work in Process inventory. How to Calculate Inventory Assets. How to Calculate WIP Inventory. How to Calculate COGS for Manufacturers. How to Calculate COGS for Retailers and eCommerce Businesses.

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How to Improve Exception Management with End-to-End Supply Chain Visibility

The Logistics of Logistics

How to Improve Exception Management with End-to-End Supply Chain Visibility. Original article: How to Improve Exception Management with End-to-End Supply Chain Visibility. Having to send emails, make phone calls, and interpret legacy data associated with past shipments compounds the level of complexity.

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7 Freight broker sales tips for setting the hook with prospects

FreightWaves SONAR

Go through this information carefully; it will give you numerous clues how to position your sales presentation to align with how it serves your prospect’s customers. . #2: 3: Freight data. How SONAR aids those seeking how to be a successful freight broker. 2: Company news. Download the White Paper. #4:

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Running Seamless 3PL Operations in the Midst of Supply Chain Chaos

Turvo

Key trends in 3PL operations The key trends in 2022 for 3PL operations strive to automate processes and give better insight into customer and shipper expectations, dominated by technology and supply chain data analytics. Request a Turvo Demo. . Get your copy of the Logistics Success Playbook .