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7 ways technology augments effective procurement in the shipping industry

FreightWaves SONAR

That will inevitably mean shippers and brokers will need to find new ways to procure transportation for both forward and reverse logistics. In fact, with reverse logistics peak season upon the industry, data to understand reverse logistics procurement in the shipping industry is even more valuable. .

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Locus’ Guide to Optimal Last-Mile Order Management System

Locus

It makes use of real-time data to oversee sales, inventory, and fulfillment processes. Makes reverse logistics simpler: It is no news that reverse logistics has become just as important as order fulfillment. The post Locus’ Guide to Optimal Last-Mile Order Management System appeared first on Locus Blog.

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Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains

3PL Links

The three trends we shall discuss below show that one of the main goals of businesses going forward will be to enhance the level of technological maturity by achieving more integration and intelligence in the use of data. Big data and analytics Big Data and analytics are taking center stage in a vast ecosystem of logistical data.

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Peak Season Prep: Solutions for a Successful Q4

Ship Monk

These tech tools ShipMonk employs have resulted in 4X faster pick times than the average 3PL and 99.9% 1 Study the Data It’s no happy accident that ShipMonk was adamant about including complete, real-time transparent data in the 3PL software our fulfillment services stem from. order packing accuracy.

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3 Supply Chain Trends to Keep an Eye on in 2020

AIMMS

More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands. Dubbed YAFO, the modeling tool also helps users understand how forests will adapt to a changing climate, drawing on data from multiple European countries. .

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InFocus: Why Supply Chain Optimization is Key to Success for FMCGs

Locus

However, trying to meet these high expectations without the right tools and processes can be a recipe for disaster. This approach enables seamless reverse logistics , reduces carbon emissions, and provides valuable insights into customer preferences and delivery timelines. In fact, according to industry data, a staggering 67.4%

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Top 10 Practical Supply Chain Management Tips for Businesses

3PL Links

The possibility of management errors is limited and decreased by putting in place a common web platform where suppliers, manufacturers, and distributors can obtain real-time data on inventory levels, client demand, and production schedules.