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Logistics Outsourcing Calls for Robust Data Portfolios to Create Enduring Supply Chains

Blue Grace Logistics

An increasing number of shippers are moving towards logistics outsourcing to gain better visibility into their freight track and spend, two key factors in determining business vitality. In a nutshell, outsourcing is more in demand than ever from shippers because of rising costs.

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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. GET DATA-DRIVEN INSIGHTS. Data has quickly become one of the world’s most valuable resources. CONSIDER OUTSOURCING. Are you taking the proper steps to do so? WHY COSTS ARE RISING.

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No Supply Chain Strategy? Here’s How to Develop One

Logistics Bureau

Once you have gathered the data relating to your customers’ needs, you should be able to see if a single logistics strategy will work for your entire customer base, or whether you need to take a segmented approach. Then, you can analyse your current supply chain capabilities using the research results and your data concerning customer needs.

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The Cold Chain is a Top Opportunity for Third-Party Logistics Providers

Logistics Viewpoints

The 26 th Annual Third-Party Logistics Study – sponsored by NTT Data, Penske, and Penn State – was released a week ago. 56% of shipper respondents with cold chain products reported that packaging was either fully outsourced or partially outsourced. This is a report I read every year. In response, the U.S.

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Five New Ways Shipping Businesses Will Use Technology in 2021

MTS Logistics

Many companies are still unaware of how to go about exploiting AI. Shipping businesses gather a great deal of data each time they deal with a supplier or customer. Often, the data collected merely sits unused. Analytics tools, however, can help businesses analyze the data that they have for actionable insights.

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How to Reduce 2-Day Shipping Costs

Ship Monk

What to Consider When Offering 2-Day Shipping In 2022 the Baymard Institute conducted a study of top reasons for ecommerce cart abandonment. do you do it in-house, work with a reliable 3PL like ShipMonk, or outsource entirely to a 4PL or 5PL ). as being too high and 22% cited slow delivery times.

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?Best Practices to Improve OTR Transportation

GlobalTranz

Let’s take a closer look at how to turn these practices into action. Track Carrier Performance Data. Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Harvard Business Review Analytic Services study?report