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7 Cost Saving Tips Every Supply Chain Manager Should Know

3PL Links

Image source: Pexels | 7 Cost-Saving Tips Every Supply Chain Manager Should Know Managing costs effectively is crucial for success in the competitive supply chain world. Cost Saving Tips for Every Supply Chain Manager 1. Optimize Inventory Management Inventory often represents one of the largest expenses in a supply chain.

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Near-real-time data-driven route optimization best practices

FreightWaves SONAR

One of the most significant challenges facing logistics managers is route optimization. Data represents an integral part of daily life for most people, and it is no different within the transportation industry. Data represents an integral part of daily life for most people, and it is no different within the transportation industry.

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Cost-Saving Tips for Freight Shipping with GoShip

GoShip Blog

According to industry research, businesses that optimize their shipping strategy can reduce costs by up to 30%. Whether you’re a small business looking to streamline your supply chain or a growing company seeking better freight management, finding ways to optimize your shipping expenses is key.

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Conducting a Trucking RFP: Tips for Shippers to Optimize Contract Freight

FreightWaves SONAR

A confident, data-driven trucking RFP undertaking can make a big difference in freight spend. Shipping managers who have maintained strong relationships with carriers during these trying times will be in a better position to recover and optimize freight assets. Sippers and carriers must support each other moving forward.

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7 Tips: A Guide to Mastering Procurement

Material Handling and Logistics

In a recent Forrester study, they found the problem to be poor quality data. Digitization is your friend, but quality data is your foundation. Procurement helps companies adapt, meet new regulatory requirements and shift supply to optimize an evolving tariff landscape. Believe in Darwin (change is a good thing).

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7 Tips For Building Supply Chain Resiliency

GlobalTranz

Tips For Building Supply Chain Resiliency. Utilize a TMS That provides real-time data to remain agile. Many companies rely on data that may lag several days. Look for a TMS or a managed transportation services provider with the technological capability to provide real-time data to drive optimized decision-making.

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Supply Chain Data Visibility Paramount as Industry Lurches into Next Chapter

IoT World Today

Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk.