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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.

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How to be an Eco-Friendly Ecommerce Brand

Ship Monk

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet.

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What is Fleet Management | A Complete Overview Guide

Conger

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. It helps in promoting safer driving practices and reducing breakdowns.

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How to Improve Inventory Turnover with Inventory Optimization

EazyStock

How to Increase Inventory Turnover with Inventory Optimization. This post will explain how, but first, let’s deal with a few simple definitions. Here are six inventory optimization strategies to improve inventory turnover without damaging stock availability: Know your inventory items’ position in their product life cycle.

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How to Write a Winning Business Plan

Ship Monk

No matter how insular you feel, nothing exists in a vacuum, especially in the digital realm. If you really want to play it smart, market research is one step you definitely don’t want to skip out on. Competitive Analysis. Marketing Strategy. The same principle applies to launching an online business. Let us know !

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The Freight Forwarder’s Era: The Top Advantages of Working with a Freight Forwarder

MTS Logistics

Let’s start with some definitions of what a freight forwarder is. Expertise of Freight Forwarders Freight forwarders are well-versed in the knowledge of how to handle the customs regulations and documentation for your international shipments. This allows more allocation as a booking agent, having prices that are more accessible, too.

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Warehouse 5S: The Ultimate Guide [FREE 5S Checklist Inside!]

Conger

Because in this ultimate guide, you'll learn everything you need to know about the 5S warehouse system, including: What warehouse 5S is The 8 key benefits of 5S-ing your warehouse How to easily implement a warehouse 5S protocol And lots more! Some common sorting strategies include: General cleaning of an area. Let's dive in!