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6 Steps to conduct a freight spend analysis

FreightWaves SONAR

But more analyses are a hard-sell for busy logistics managers. According to Talking Logistics with Adrian Gonzalez , “Transportation professionals are so consumed with managing immediate needs that it’s often difficult for them to step back and consider longer term strategic objectives.” Gather data for the analysis.

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Streamline Your Supply Chain with a Network Analysis

CH Robinson Logistics

Company ABC engaged with their 3PL’s supply chain engineer team, who performed a network optimization analysis and made a final recommendation to eliminate 20 of the warehouse locations. Is network analysis a good fit for your company? Many businesses are typically looking for a transportation spend reduction or total revenue solution.

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How Cloud-Based TMS Technology Supports Logistics Companies to Scale

Turvo

Cloud services enable businesses to grow without overhauling their systems. Thanks to freight data recording and analysis, cloud-based TMS technology can effectively adapt and scale alongside the growth of the company. An essential characteristic of cloud TMS systems is scalability.

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The Role of Data Analytics in Supply Chain Management

3PL Links

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

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This Week in Logistics News (August 10 – 16)

Logistics Viewpoints

Conditions in the truckload freight market weakened slightly in June but stayed positive, showing that core freight dynamics improved for trucking companies during the month, according to a report from transportation analysis firm FTR. from May’s 2.24

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My Thesis on FOMO for Logistics and Supply Chain Technology Has Stood The Test of Time

10xLogistics

The aggregate outcome metric I like to use is the US Business Logistics Costs as a percent of the nation's GDP. After all the technology improvements we have made, in 2021, this cost was 8% of GDP which, according to the 2022 State of Logistics report issued by CSCMP, has not been this high since 2008.

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The Generative AI Revolution: A Glimpse Into Logistics 4.0

Trinity Logistics

Let’s follow, Alex, a seasoned logistics manager, into his journey with Generative AI in logistics. Hopefully, it will help you determine how to best apply this to your business. Logistics 3.0 vs Logistics 4.0 Amid the hustle of daily logistics operations, Alex has found himself standing at a crossroads.