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The four factors that impact freight trucking revenue and profitability

FreightWaves SONAR

Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction. Leading metrics for tracking overall and market-specific activity include: Inbound and outbound load daily change rates, like the Outbound Tender Volume Index (OTVI) in FreightWaves SONAR.

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What are Reverse Logistics?

Logistics Bureau

In addition, returns typically cost more to handle than outbound shipments – 3 to 4 times more for traditional retail companies, for example. Hidden Opportunities for Supply Chain Cost Reductions Of course hidden costs, if you can find them, mean hidden opportunities. Some industries experience more returns than others.

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A Guide to Supply Chain Key Performance Indicators (KPIs)

Logistics Bureau

Another powerful use of KPIs is in the benchmarking of your companys performance against that of your competitors and industry peers. Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors.

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6 Critical Success Factors in Distribution Network Design

Logistics Bureau

Of course, it can add up to a vast pool of data, so realistically, access to advanced modelling and analytics tools will be essential to get the most value from it. Get Some Help Of course, inventory optimisation is not a task to take lightly. Time is another resource you will consume in analysing all this data. Getting Complicated?

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Autoliv’s Supply Chain Risk Management Journey

Logistics Viewpoints

spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. Autoliv is the world’s largest safety system supplier in automotive industry. Autoliv is the largest supplier of safety systems to the automotive industry.

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The American trade imbalance and port congestion

Shipping and Freight Resource

However, port information from San Pedro Bay ports, which handles 40% of US trade, shows that this trend of empty container outbound movement has been going on for a few years and is not a new phenomenon. Source : project44. Learn more at — www.pesti.io.

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Supply Chain Principles in 11 Words

Logistics Bureau

Of course this requires reliable supply, good demand forecasting, good inventory management, good customer communications and many other elements to be in sync. Inbound and outbound. Of course you need to balance the number of stock holding locations, the level of inventory and the delivery costs. They’re cheaper!