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How To Save Money With Fuel Purchase Routing

United World Transporation

According to industry experts, fuel purchases can account for approximately 25% of a trucking company’s operating expenses. So, any opportunities to increase fuel efficiency and save money are valued in the industry, and fuel purchase routing is a commonly used strategy by many long-haul truck drivers. What is fuel purchase routing?

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Know Your Supply Chain KPIs – Procurement

Logistics Bureau

Emergency Purchase Rate. Emergency purchases are bad news for your business costs, continuity, and planning, and they also increase supply chain risk. For that reason, the emergency purchase rate KPI is one you should certainly be keeping an eye on. Purchase Order Cycle Time. Cost per Purchase Order and Cost per Invoice.

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Is Omnichannel Dead? Of Course Not…However, the Focus Is Now on Customer Experience in Omnichannel

GlobalTranz

If a consumer wants to view a product on a smart device while in-store, they are 20-percent more likely to complete the purchase. It is the standard way consumers interact with retailers, so companies must turn their attention to how they can convert shoppers into final purchases. It is just shopping. Omnichannel is shopping.

Course 65
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How Much Money Can You Save With Fuel Purchase Routing?

United World Transporation

According to industry experts, fuel purchases can account for approximately 25% of a trucking company’s operating expenses. So, any opportunities to increase fuel efficiency and save money are valued in the industry, and fuel purchase routing is a commonly used strategy by many long-haul truck drivers. What is fuel purchase routing?

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7 Tips: A Guide to Mastering Procurement

Material Handling and Logistics

Procurement helps companies adapt, meet new regulatory requirements and shift supply to optimize an evolving tariff landscape. This is a key reason why so many companies switch providers—they realize too late that the technology doesn’t meet their ongoing needs. Start by making the purchasing experience a pleasure rather than a hassle.

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Editor’s Choice: Why Modern Retail Demands Cloud-Native Technology

Logistics Viewpoints

Stores quickly became hubs for returns of online purchases. All told, changes that might have occurred over the course of a few years, have happened in months. While store teams have performed admirably, scrambling to meet new demands, reliance on outdated technology means experience and profitability have taken hits.

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Editor’s Choice: How an OMS Provides a Competitive Advantage

Logistics Viewpoints

Of course, the key to inventory is having the right amount in the right location at the right time to meet customer demand, or face overstocks, high holding costs and eventual markdowns—or alternatively, overpromising, stockouts and lost sales. Need diapers delivered overnight? No problem. You got it.