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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.
The reworking of supply chains has a simple purpose of fitting the new world economy’s needs and demands. And freight data sharing platforms had already
Many small and medium-sized businesses make use of supply chain management consulting services in some way. The value of supply chain consultant services is higher right
Within the shipping and logistics industry, several processes are essential to proper operations. Autonomous logistics management is an integral part of the process and includes
Several challenges loom large for supply chain managers as 2021 approaches for the transportation industry. These include the absence of data visibility, poor or nonexistent
The saying goes- the only thing staying the same is that everything keeps changing. And the statement becomes especially true with supply chain management. It’s
https://youtu.be/oi8Dm6O5Lag Leveraging robotics process automation, also known as RPA, is essential to enabling management by exception in logistics. RPA leverages virtual robots to streamline back-office
As the logistics industry prepares for the 2021 supply chain trends, an uncertain future becomes the problem. According to Manufacturing.net: “Supply chains make up an
November is long hailed as the month of the most massive sales, and the name of the most famous shopping day of the entire year
https://youtu.be/_nZDWSxajDA Automated notifications and communications breathe new life into supply-chain processes. Unfortunately, shippers still overlook the low-hanging fruit in automated communications. So, Let’s Give You
The past year taught supply chain professionals that uncertainty is the only certainty in supply chain management (SCM). And that’s rapidly proving to be the
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