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AI in Supply Chain Automation: Procurement to Logistics

Logistics Viewpoints

AI in Procurement: Enhancing Sourcing and Supplier Management Procurement has traditionally relied on human expertise, manual comparison of supplier options, and analysis of past performance. Clear documentation, training, and stakeholder communication and buy-in are important for successful adoption.

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The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes

3PL Links

In the rest of this article, we will delve deeper into the advantages of how a fleet management system works and how to monitor it properly. The opportunities for improvement when using this system include: Real-time location tracking of each vehicle; Analysis of drivers’ behavior in relation to what was planned and what happened.

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Navigating the Future: The Rise of Electronic Bill of Lading (eBL)

MTS Logistics

The eBL, a digital version of the traditional bill of lading, is reshaping the way businesses manage and streamline their shipping documentation. This article explores the key aspects of an eBL, its benefits, challenges, and its potential impact on the future of international trade. What is a Bill of Lading (BOL)?

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What are the Advantages of Using a NVOCC?

MTS Logistics

This was the year I was introduced to commercial documents, bills of lading, insurance, letter of credits, and a variety of other documents. I used to prepare most of the documents except for bills of lading. For the differences between freight forwarders and NVOCCs, please read this article. Can Fidan.

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How to Choose the Right Freight Broker Services for Your Business

GoShip Blog

A good broker gives you real-time tracking, digital documents, easy booking, and access to your shipping history all in one place. In this article, we’ll break down what freight brokers do, what to look for when selecting one, and how to ensure they meet the unique needs of your business. But how do you choose the right one?

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The Digital Supply Chain Needs to Include Trade Compliance Systems!

Logistics Viewpoints

Better systems at customs agencies can lead to increases in cycle times for companies that are not on top of the complex documentation requirements associated with trade. In short, customs compliance must become proactive and strategic rather than just focused on having the proper documentation and accurately paying duties.

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A Guide to Supply Chain Key Performance Indicators (KPIs)

Logistics Bureau

Still, in this article, I will help you evaluate the need for supply chain and logistics KPIs in your organisation, and identify which types of measurement might be most appropriate. Accurate documentation: This metric tracks the percentage of sales orders accompanied by accurate documents throughout the process.