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There was a time when freight invoice auditing was just an opportunity. It was an option for companies with the biggest revenues and shipping volumes.
Companies across the globe suffer from a shipping problem; they underestimate their true shipping costs. This problem is severe, contributing to 35% higher freight spend.
Shippers spend an average of 10% of gross expenses on transportation management. Aside from labor costs, transportation management, including paying carriers and sending freight, forms
Modern supply chains are under increasing pressure to cut costs and improve customer service levels. Traditional linear supply chains were relatively simple in execution: moving
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As explained by Inbound Logistics, freight charges form up to 10% of a company’s total expenses. Unfortunately, carriers and logistics service providers make mistakes. Estimates
Today shippers face considerable challenges. E-commerce continues to grow, and the modern consumer expects omnichannel delivery and order fulfillment options. At the same time, Amazon’s
Freight carrier invoice auditing is a term that shippers understand and have applied in the past. Its definition is simple; identify problems in billing and
Listen to “Tips for Effective Freight Invoice Auditing” on Spreaker. Transportation Accounting & Freight Invoice Resources LTL Shipping Accounting Options: Prepaid Versus Add-In Read the
The most natural solution for inbound freight management is to let vendors and suppliers handle all processes. Unfortunately, this contributes to higher inbound freight costs.
Peak season gets more extensive and more demanding every year. And the upcoming peak season is expected to shatter records. As reported by Supply Chain
The atmosphere of business representation has changed drastically over the last fifty years. A more diverse world has taken shape, and the transportation and supply
https://youtu.be/OTuzpTRnFNA Let’s Talk – 2020 Peak Season Every summer and early fall, shippers and carriers around the globe begin to prepare for the peak shopping
https://youtu.be/DaoK938bpO0 Leveraging brick-and-mortar fulfillment options for the upcoming peak season orders is going to be difficult. Across the board, peak season demand is uncertain. Major
The typical peak season supply chain presents its own set of challenges yearly. However, this peak season is one never seen before. This year, 2020,
Carving a successful footprint and managing to boost Peak season value involves the direct application of KPI supply chain best practices. These best practices go
As the omnichannel peak holiday season quickly approaches, it is imperative to plan extra spending associated with peak season. Some excess spending comes in the
Each year more and more people are utilizing the e-commerce based shopping experience. This means a growth in parcel shipping. During peak season, most people
More people are taking comfort from shopping online from the comfort of their own homes. With today’s technology, it makes e-commerce a lot more efficient
The ability to offer the same delivery is rapidly becoming a differentiator among retailers and other shippers. According to Business Wire, “The same day delivery
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