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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. Outbound freight costs as percentage of net sales. On-time pickups.

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Overcoming Supply Chain Disruptions with Shanna Greathouse and Tony Nichols

The Logistics of Logistics

indirect expenses including cost of quality, rework, tariffs, expedited air, and safety stock can uncover overlooked sourcing opportunities that enable resilience and flexibility while reducing overall risk. can be created to serve as a sandbox for scenario analysis. By understanding the true costs of goods, both direct and.

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6 Steps to conduct a freight spend analysis

FreightWaves SONAR

A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.

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Is Google the most innovative supply chain company in the world?

Freightos

So when I asked Cathy Roberson, a senior analyst at Transport Intelligence and a tech-enthusiast who is vox supplychainus on Twitter at cmroberson06 , I was not surprised when she sent me back an analysis that seems to match up perfectly with some of Google’s recent projects: Google Glasses, Android and 3D printing. yellowbox].

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Truckload rates: Using data predict and prepare spot vs. contract bids and RFPs

FreightWaves SONAR

Tracking market trends within truckload rates relies heavily on data and analysis. The key to avoiding this kind of situation is predictive planning and analysis. This kind of real-time data analysis and application is essential for shippers to stay strategic and tactical as they forecast out contract and spot truckload rates.

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Drewry: Labor costs deflate China's bubble, near-sourcing on the rise

Blog on Log

Hey, I just reviewed this white paper and its pretty interesting.Drewry has always been a subtle shill for the ocean transport industry (and there is nothing wrong with that.the industry needs the support)and they remain bullish on China. A white paper from the London-based firm, Will China's Apparel Supply Chains Become Uncompetitive?

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Supply and Demand Vlog: Strategies for Difficult Markets

CH Robinson Logistics

When faced with a market like today’s, I recommend you consider one or more of the tactical ideas from the video above or our white paper to help meet your shipping needs during difficult market conditions. Sources: *ACT Research Freight Forecast March report and FTR March Trucking report.