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Why Benchmarking Alone Isn’t Enough for Proper Transportation Cost Analysis

GlobalTranz

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Driver wages represent 26% of costs.

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[INFOGRAPHIC] Expert Reveals 7 Supply Chain Trends to Watch

GlobalTranz

As a transportation management third party logistics company, we know at Cerasis that transportation makes up a large portion of the costs and efficiencies of any supply chain. As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern.

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Supply Chain risks to retail profitability

Logistics Business Magazine

In a thoughtful webinar today digital freight forwarder Zencargo co-Founder, Richard Fattal, and Bis Henderson ‘s Louisa Hosegood debated the unprecedented pressures in the global supply chain this year and how they jeopardise retailer’s profitability. They are evaluating purchasing needs and ethical choices. Own the total.

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5 Big Benefits of Cloud-Based Supply Chain Management

GlobalTranz

A Cloud-based supply chain management solution has several advantages over the traditional model of manual inventory analysis combined with local area purchasing. The scale of the Cloud companies allows them to continuously reduce costs as their capabilities and customer base expands. Integration Capable Design.

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STILL presents energy system webinar

Logistics Business Magazine

The intralogistics and energy experts of the Hamburg-based intralogistics provider STILL gave a comprehensive overview of the different energy systems during a recent “Energy” webinar and explained the advantages and disadvantages of each system in a clear and hands-on way. “This technology is exhausted. Fuel cell systems.

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How Can Data Improve Supplier Decisions?

GlobalTranz

In order for data to be used in the decision making process, companies must ensure that they are using high quality data in their analysis. Luckily, today’s “automated algorithms can identify patterns and provide insights” into carrier safety, pricing trends, carrier capabilities, and innovation.

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How the Three M’s Can Help You Cut Down on Supply Chain Cost

Blue Grace Logistics

Understand where cargo can be consolidated to increase cost savings. Measure carrier cost structures to maximize efficiencies and lower costs. “Understanding how to create an overview of your supply chain is the very first step in measuring what your company is doing right now and what your current process looks like.