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Freight Broker Business: Increase Shrinking Margins With Better Analytics

Turvo

Shrinking profit margins undermine the value of freight brokers, and in a supply chain reality of disruptions that may require potential costly pivots, how can any broker lower their expenses? Of course, these problems all lead to fewer bookings and worse profit margins, but a darker side remains. Inaccurate rating for shipments.

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. Mini Case Study: Walmart.

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7 Reasons Why the Supply Chain Matters to Business Success

Logistics Bureau

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. Mini Case Study: Walmart.

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Bucking the Trend in Transportation – Simultaneously Cap Rate Growth and Beat Capacity Constraints

Talking Logistics

The strategy involves leveraging a competitive bidding process or reverse auction for the most expensive type of freight movement – spot market/expedited freight. Thankfully, we don’t have to rely on hypotheticals to prove the concept because there is actual hard data revealing just how well these tools and strategies perform.

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The Truth About Supply Chain Visibility

Blue Grace Logistics

These myths distract us from the real issues and solutions surrounding supply chain visibility, causing us to make decisions based on assumptions that are wrong, expensive or even dangerous,” said Christian Titze, a research director at Gartner. “In Of course there’s more to the story than simply offering a better deal.

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How to Build Better Supply Chain Finance Goals With Analytics

Turvo

The Supply Chain’s Problem With Poorly Planned, Unattainable Supply Chain Finance Goals The issue with supply chain finance goals today harkens back to the inability to apply data in real-time. Everyone has access to some form of data, and every process generates more of it.

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Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

GlobalTranz

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. Managing the quality of the product should not be at the expense of delaying final delivery from the plant floor. 2: Audit Strategy. On-time and complete shipments.