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Value-adding Features of a Great Freight Rating System Within a TMS

GlobalTranz

One that is integrated with TMS offers more value for customers and better leverage when negotiating contracts with additional features providing the latest data. The fundamentals of a Freight Rating System match a user’s shipping and freight characteristics and a carrier’s service and price options. Determine the software’s objective.

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Real-World Scenario: Best Practices for Warehouse Contracts: Part One

GlobalTranz

And our client engages with 3PL by open book cost plus contracts and gain share and pain share incentive. What are the major KPI’s to be followed under the below attributes: Cost or Cost Savings. Use Value Engineering : Reduce the Cost and retain the function of anything. Are new cost Savings methods being investigated?

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11 Best Practices to Ship Parcel Like a Pro

GlobalTranz

These giants have deep pockets, capable of offering low-cost, if not free, parcel shipping. Unfortunately, the volume of small packages shipped , as well as the variety of carriers used, can make keeping costs in check sound like a dream, inaccessible. Negotiate Shipping Rates Like a Pro.

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3PL Logistics Companies Up Services to Continue to Meet the Needs of Shippers

GlobalTranz

However, the economy is on the mend, and the need for immediate cost savings and lean solutions is starting to take the backburner to how 3PL Logistics Companies could benefit shippers through long-term relationships. The needs of yesteryear-clients were quite simple: get costs under control quickly. They get lost or misplaced.

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[INFOGRAPHIC] Mastering Carrier Invoice Freight Auditing for a Healthy Bottom Line

GlobalTranz

Based on the research of inboundlogistics.com, freight costs can make up 10% of an organization’s expenditure. As a consequence of rising freight costs, an increasing number of organizations has been more proactive in controlling freight cost and have outsourced the freight auditing process to freight audit specialists.

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Top 8 Online Logistics Tools For Logistics Professionals

GlobalTranz

It systematically limits access from the warehouse locations to minimize cost while maximizing on the availability of highly profitable items. It is widely known and used in online filing and storage of documents used in the supply chain. The Easy stock mobile application software. This optimization tool for inventories is cloud based.

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7 Distribution Technology Trends Worth Discussing

GlobalTranz

Value-Added Services and TMS Capabilities Are Critical Points in Contract Negotiation. Value-added services have also taken on a technology-like role as more companies want to use a comprehensive transportation management system (TMS) to thorough document and optimize their processes.