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A Guide to Optimizing Your Inbound Freight Management 

GoShip Blog

Manufacturers often rely on inbound freight to transport all the materials and machinery they need to produce their products. This is why your inbound freight management must be smooth and foolproof. So how do you optimize inbound freight management? Why should you optimize your inbound freight management?

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Inbound Logistics vs. Outbound Logistics

Ship Monk

Today, we’re talking about the difference between inbound logistics and outbound logistics. At a glance, inbound logistics and outbound logistics refer to the different stages that goods go through while moving down the supply chain. Inbound Logistics. Best Ways to Optimize Inbound Logistics and Outbound Logistics Processes.

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How to Reduce Transportation Costs

Trinity Logistics

Before we jump into how to reduce your transportation costs, it’s essential to understand what factors are causing them to rise. For example, you may discover that one carrier consistently adds accessorial charges while another compatible carrier does not. GET DATA-DRIVEN INSIGHTS. Are you taking the proper steps to do so?

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Top 5 Roadblocks to Effective Inbound Logistics Management

GlobalTranz

With the added pressure to lower costs to end-users, your customers, it’s no surprise that the need for increased scrutiny and cost reductions among inbound logistics partners, your vendors, has gone rogue. Vendors need access to stringent, high-quality instructions for how to bring shipments to you. The first roadblock is simple.

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How to Mitigate Additional Costs in Transportation

Talking Logistics

Matt notes there are three types of shipments where shippers can look to improve their capacity utilization, that is, how well they load trailers to maximize weight or space utilization. These are inbound shipments from vendors, stock transfers between locations, and outbound shipments to customers. Preferred shipper.

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3 Practical Metrics for Supplier Performance Evaluation

Logistics Bureau

These KPIs should all be applicable to your supply chain operation, subject to some tweaking to reflect the precise characteristics of your inbound logistics and purchasing functions. SEE ALSO: How to Address Chronic Poor Supplier Performance. Quantity Ordered versus Quantity Received. ASN Accuracy. Supplier performance = 94%.

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Inventory Carrying Cost: What It Is, How to Calculate It and How to Reduce It

FourKites

We’ll list some examples of inventory risks below, but generally speaking, inventory risk cost can be assessed as the probability of any event occurring which can damage or cause you to lose your investment in that inventory, coupled with the total value of potential lost goods. Examples of inventory carrying costs. Opportunity Costs.