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4 tips to reduce cargo damage and save money on shipping costs

Shipping and Freight Resource

As per a Statista survey, eighty per cent of consumers say they’d return a product they received that was damaged in shipping. With the right packaging, strategy, and tools, you can cut shipping costs by as much as 60%. Shipping damage is a massive threat to any products that travel on the supply chain.

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Using Data to Improve Supply Chain Operations

Material Handling and Logistics

Learn how to organize your data operations in alignment with supply chain strategy. Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI) and machine learning are expected to figure prominently in future supply chain operations.

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BD Achieves End-to-End Supply Chain Visibility

Logistics Viewpoints

The other risk management software supplier’s methodology was based on surveys. But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. Thirdly, the tool can improve their financial forecast. Finally, the tool is a sales tool.

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Intelligent Automation, the Future of Supply Chain. Is the Logistics Industry Ready?

Blue Grace Logistics

For this, IBM and NRF surveyed 1,900 retail and consumer products company executives across 23 countries. The survey revealed that “intelligent automation capabilities help increase the annual revenue growth by up to 10 percent”. A large amount of data is used as the base for making strategies and taking decisions.

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Now is Not the Time to Worry About Freight Rates

Trinity Logistics

Driver detention is a top concern for truckers finds a 2020 Workhound survey. The ability to exercise flexibility could be the difference among your competitors, making your shipment easier to cover. For one, being cognizant of driver hours and keeping them from sitting too long goes a long way. Or be flexible with your pickup day.

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Supply Chain Visibility: A Precursor to Insight and Optimization

CLX Logistics

The most common goals of supply chain visibility include the following, but as your company completes this exercise, be sure to include quantifiable metrics: Reduce business and supply chain risk. Augment and Set Visibility Tools In Place. The first tangible step towards achieving SCV is to get the basic visibility tools in place.

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Supply Chain Technology: It’s Not Just for Big Businesses Anymore, but is it Enough?

247 Customs Broker

According to a 2017 Logistics Trends and Insights survey, 58 percent of respondents believe digitization of all services will be the most common improvement among freight forwarders in the next five years. With supply chain technology now within reach for more businesses, the case for investing in tools that drive optimization is clear.