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Data-driven Decisions for Flexible Supply Chain

Logistics Business Magazine

Although back-office accounting systems are rarely a focus for logistics leaders, modern cloud finance platforms can knit seamlessly together with other fundamental business systems to provide valuable features and insights. This insight and data can be leveraged with individual expertise to deliver a better overall business outcome.

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Shippers, 3PLs Work Together to Meet Supply Chain Challenges

Penske Move Ahead

Logistics Costs Overall, business logistics costs in the United States in 2020 fell 4% to $1.56 According to the State of Logistics Report, the drop was primarily driven by a 15% decrease in inventory carrying costs. Disruption is a normal part of business. trillion, or 7.4 percent of 2020's $20.94 trillion GDP.

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How Cloud-Based TMS Technology Supports Logistics Companies to Scale

Turvo

If there is an industry that understands the value of scalability, it’s the logistic industry. The rate of change in the supply change requires brokers and 3PLs to continuously improve their performance to meet their customer’s needs. According to 3PL Central , “Adapting to client growth is a part of the business.

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The State of the Trucking Market in 2021

GlobalTranz

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? United States Business Logistics Costs fell by around 4% to end up at an estimated$1.56 Enabling Data-Driven Decision-Making. ?Access Access to real-time data and the ability to perform real-time analysis ?enables

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CLX Logistics Named a Top 100 3PL Provider for the Seventh Year by Inbound Logistics

CLX Logistics

Inbound Logistics’ (IL) Top 100 3PL Provider’s list is a qualitative assessment of the service providers deemed best equipped to meet and surpass the industry’s evolving outsourcing needs. Then, a set of analytical tools and algorithms transform the disparate data into trends and actionable insights.

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State of Logistics Report Released: 3PLs Continue to Foster Resilience and Drive Investments in Supply Chain

Penske Move Ahead

Global volatility has continued to disrupt supply chains, and flexibility, efficiency and resilience are vital for companies throughout the logistics sector. Overall Logistics Costs In 2022, the market swung back sharply in shippers’ favor, and supply and demand largely rebalanced across all modes of transit. of the national GDP.

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The Role of Logistics Management in Optimizing Supply Chain Operations

Locus

Logistics management is an essential part of supply chain management and is crucial in achieving operational efficiency, reducing costs, and boosting customer satisfaction. Logistics management utilizes advanced technology and data analysis to optimize logistics processes and enable informed decision-making.