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10 Supply Chain Improvement Essentials for Your Company

Logistics Bureau

Inventory Management The key starting point is implementing proper ABC analysis, and you need to look at it from multiple angles. It’s not enough to just categorise by product groups; you’ve got to dig deeper into line item analysis. what we found was shocking.

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10 Most Common Outsourcing Mistakes in Your Supply Chain

Logistics Bureau

The logistics industry has changed over the last decade, with outsourcing emerging as a cornerstone of a modern supply chain strategy. Many companies use outsourcing to meet their product demand, even if they don’t use it for their entire supply chain operation. Expectations too high Pitfall number 1 is to expect too much.

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Supply Chain Automation – Is Australia Ready?

Logistics Bureau

Robotic Process Automation (RPA) – All those mundane tasks in supply chain management – like data entry, report generation, email notifications – can be outsourced to RPA bots. You’ll see your documentation processing transform from a time-consuming bottleneck into a smooth operation.

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9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL

GlobalTranz

More recently, logistics departments in major companies have adopted the idea of writing a service level agreement so that services for their customers (users in other departments within the company) can be measured, justified, and perhaps compared with those of outsourcing network providers. All KPIS have metrics to measure.

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[INFOGRAPHIC] Mastering Carrier Invoice Freight Auditing for a Healthy Bottom Line

GlobalTranz

As a consequence of rising freight costs, an increasing number of organizations has been more proactive in controlling freight cost and have outsourced the freight auditing process to freight audit specialists. Many carriers outsource their invoicing functions, which ultimately increases the overcharge/error ratio. .

Freight 94
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Building Moats in AI: Buy vs. Build (AI Popup #1)

Freightos

Focus on Innovation : By outsourcing the underlying AI technology, companies can focus more on innovation and applying AI in unique ways within their business models. An example of such a case is sentiment analysis, or rather detecting opinion present in text (good, neutral, bad).

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The Importance of Balancing Technology, People, and Service in Shipping

MTS Logistics

From pricing to documentation, from giant ocean carriers to small size brokers, everyone is pushing for customers to use digital portals, communicate less with their people, and automate as much as they can. Technology is only as good as the people and processes that it operates with.