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The Definitive Guide to Transportation and Logistics Terminology

GlobalTranz

Examples include Tarps, dunnage, layovers, detention, etc. Blockchain : A unique traceability service-ledger that builds immutable blocks of information and prevents all risk of tampering with data. Electronic Logging Device (ELD): Digital device that tracks applicable data for truckers, including drive time, mileage, speed and more.

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Revolutionizing the RFP Process with Data

Logistics Problem Solving

However, new software solutions that provide clean, accurate freight data are a huge step forward in making the carrier RFP process more efficient and effective. The process typically starts with gathering data from their freight payment provider or system. It’s the definition of a “lose-lose” situation.

Data 48
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Revolutionizing the RFP Process with Data

Logistics Problem Solving

However, new software solutions that provide clean, accurate freight data are a huge step forward in making the carrier RFP process more efficient and effective. The process typically starts with gathering data from their freight payment provider or system. It’s the definition of a “lose-lose” situation.

Data 48
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Evaluating the Role of IoT and Blockchain in Transportation

IoT World Today

Let’s assume IoT platforms are only as valuable as the data they generate. If that’s the case, blockchain technology might help enterprises exploit that data further. . The digital ledgering technology provides a clear way of logging and exchanging data securely among various members of an ecosystem. Reichenbach said.

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Comparing eCommerce Shipping Services

Ship Monk

That being said, it is definitely helpful to understand the benefits each shipping carrier brings to the table. USPS is best for smaller, lightweight packages (under 20 pounds) with a maximum weight of 70 pounds per package. If you need to get a package somewhere quickly, this is the service most frequently relied upon.

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Top Supply Chain Challenges for CPG companies in 2023

Logistics Viewpoints

Commerce is global and regional at the same time, the world is getting smaller and more interconnected, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. The classical approach involves functional silos, sequential decisions, and Excel and people to render a plan executable.

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What does ‘on-time, in-full’ (OTIF) mean in the consumer sector?

PINC

The problem is that there is no standard definition for OTIF. For example: Does “on-time” mean on the date requested by the retailer, or the date promised by the manufacturer? They noted that a standard definition would significantly reduce discrepancies and confusion and promote collaboration among trading partners,” McKinsey states.