This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Image source: iStocks | The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes Investing in a fleet management system results in an improvement in internal processes, which directly reflects the quality of the service provided to the end customer. How does a fleet management system work?
Image source: Pexels | Logistics Challenges and How to Overcome Them Let’s break down the most common logistics problems and how you can resolve them to improve your operations. Read Also: How to Optimize Your Stock With Ideal Storage Structures 1. But the good news is, there are proven solutions that can help overcome them.
Sreenivas Vemulapalli and Joe Lynch discuss how to streamline your logistics operations. Our comprehensive services portfolio for the logistics industry spans Digital Strategy Consulting , Data Analytics & Engineering , Platform Development , and Intelligent Automation. About Sreenivas (Sreeni) Vemulapalli. Freight quotations.
Understanding why these traditional methods work so well and how to implement them effectively can transform your customer retention and revenue growth. Plus, prepaid services reduce billing and collection costs while providing crucial working capital for early-season expenses.
An experienced forwarder or third-party logistics company (3PL) can help you improve your bottom line by reducing your soft costs in addition to saving you money on hard costs. For instance, things like fuel prices, hourly wages for employees, and materials are some hard costs. How can importers and exporters reduce soft costs?
For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.
Editor’s Note: This is our second post in a two part series about how to get your logistics and transportation practices in order in time for holiday shipping or peak season crunches. The first post covered how you can get the DC or warehouse ready for the holidays or peak seasons. . Truckload Holiday Shipping.
Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction. By minimizing fuel consumption, reducing vehicle wear and tear, and optimizing driver schedules, businesses can cut down on operational costs associated with logistics.
Before you begin LTL shipping, you need to be familiar with what it is and how to use it. This article will provide a detailed reference to LTL shipping, including the definition of LTL, shipping prices, delivery method, and how to manage your LTL shipment to the fullest. How do you calculate it? What is LTL freight?
Companies have the right to receive the best service and the best price from their suppliers, and the relationship between shippers and suppliers is a key component to a successful partnership. What This Blog Is About: How to build a mutually beneficial relationship based on trust & credibility with your suppliers.
Essentially, a business plan is a formal document that outlines the goals and objectives of a company. Marketing Strategy. Your marketing strategy is all about your brand, who it’s for, and how you’re going to get it out there. Here, it might be helpful to think about the four Ps: product, price, place, and promotion.
The goal of this initiative is to reduce the number of deaths and injuries from crashes involving large trucks, buses, and cars. Drivers were informed and educated on how they can improve their driving behavior and do their part in reducing crashes. This initiative includes an annual event, Operation Safe Driver Week.
A medical courier service is a specialized transportation service that focuses on delivering medical items such as documents, lab specimens, medications, test results, and supplies to medical facilities. RouteManager’s last-mile delivery software helps you cut fuel costs, increase revenue, and improve operations. GET A FREE DEMO 2.
How To Reduce Soft Costs in Shipping. An experienced forwarder or third-party logistics company (3PL) can help you improve your bottom line by reducing your soft costs in addition to saving you money on hard costs. . For instance, things like fuel prices, hourly wages for employees, and materials are some hard costs.
If you're looking for ways to reduce lead times, you’re in the right place. Because in this post, you’ll find 11 effective strategies for doing just that. Identify and Eliminate Bottlenecks. The closer the supplier is to your warehouse or manufacturing plant or location , the easier it is to reduce lead times.
Companies need to come clean and eliminate common supply chain offenses to deliver the greatest value to their customers. From the product to its condition and even documentation, the demand for excellence involving all parts of the process has intensified. In alphabetical order they are: 1. Back Order. Inaccurate Billing.
They have a contract with a supplier who delivers on time, and who charges acceptable prices. The first stage of reimagining procurement is to look at sourcing strategies. The two main pillars of sourcing will be alternative suppliers and alternate pricing. The reduction of manual processes also decreases the manual workload.
Even if your shipping strategy is perfect, and you are using a good shipping provider, sometimes freight damage is difficult to avoid. This includes knowing how to file a freight claim. Also, if you properly pack and protect your shipment, you can significantly reduce the chance of an incident. How to file a freight claim?
Traditional options for managing and documenting the process also remain stagnant. All supplier shipments must be accompanied by appropriate documentation. Documentation may include, but is not limited to, packing slip, bill of lading, NAFTA certificates, commercial invoices, CMR (EU and Asia) and hazardous materials information.
So, let’s dive into each of these markets so you can better determine your business’s strategy. HOW TO TRACK RATES IN THE SPOT MARKET? HOW CONTRACT AGREEMENTS ARE SET WHO IS THE SPOT MARKET BEST FOR? TECHNOLOGY NEEDED FOR RFPS NEED HELP WITH YOUR STRATEGY FOR COMPETITIVE SHIPPING FREIGHT RATES? WHAT IS THE SPOT MARKET?
To eliminate this simple error, the quantity of items should always be specified on the commercial invoice, even if this is not always required. Total price: The total price is shown on the invoice so one can check the completeness of multi-page documents, and organizations must specify the currency in which the invoice was issued.
Expertise of Freight Forwarders Freight forwarders are well-versed in the knowledge of how to handle the customs regulations and documentation for your international shipments. We ensure that every consignment complies with the specific rules of each country, reducing the risk of delays or customs-related issues.
A significant impact on reducing landfill contamination. This helps to prevent the accumulation of hazardous materials and reduces the risk of groundwater and soil contamination. When approaching banks, make sure to have all the necessary financial documents prepared, such as business plans, cash flow projections, and balance sheets.
Editor's Note: This is our second post in a two part series about how to get your logistics and transportation practices in order in time for holiday shipping or peak season crunches. The first post covered how you can get the DC or warehouse ready for the holidays or peak seasons. . Truckload Holiday Shipping.
Time To Read: 6 minutes If you’re wondering how to start a NEMT business, you’ve come to the right place. We’re setting out on a journey to understand how to transform your dream into reality, navigating legal documents, and NEMT software, hiring competent drivers, and crafting an effective marketing strategy.
The Problem: Full Truckload Carries Less Risk, So Shippers Forgo Cargo Insurance Risk exists in all transportation modes, and failure to consider risk in full truckload shipping is a poor strategy that will result in loses. Cargo insurance serves to reduce risk associated with such transitions and covers carrier limitations too.
Time To Read: 6 minutes If you’re wondering how to start a NEMT business, you’ve come to the right place. We’re setting out on a journey to understand how to transform your dream into reality, navigating legal documents, and NEMT software, hiring competent drivers, and crafting an effective marketing strategy.
Supply chain leaders can validate payments for goods through blockchain, thereby reducing fraud. Eliminating an intermediary for managing pay means truckers rest assured knowing their payment for work performed is processed, minimizing the risk of disputes, says Mark Castellani via Medium. Trucks in the U.S.
Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and.
Updated 12/02/2023 Filling out shipping documentation can be exhausting. The bill of lading (BOL) is an essential document in the freight shipping process that acts as the main agreement between a shipper and a carrier. The document is issued by a freight carrier who moves your freight to you, the shipper. Names and addresses.
In this case, you need to know how to handle your products in a good and right dimension before shipping out. Larger dimensions mean an increase to overall price based on the container’s size. As discussed above, there are several strategies to employ to figure out the best way to handle your cargo. In Summary.
digitally transform the business and its strategy. How to avoid these pitfalls. Whether digital or manual, the business of shipping involves a lot of documentation. Or forgetting the minus in -25° C when submitting the shipping documents to the shipping line or port. Have a clear understanding of the business.
We’ll be pleased to assist you in implementing methods to sense customer demand more accurately, enhancing your ability to optimise inventory levels, reduce stock-outs, reduce carrying costs—and ultimately increase profitability. Would you like to improve your forecasting and achieve greater inventory control ?
A medical courier service is a specialized transportation service that focuses on delivering medical items such as documents, lab specimens, medications, test results, and supplies to medical facilities. RouteManager’s last-mile delivery software helps you cut fuel costs, increase revenue, and improve operations. GET A FREE DEMO 2.
As an electrical contractor, knowing how to estimate electrical work can make the difference between profit and loss. From reviewing job specifications to sending the proposal, this comprehensive guide will show you how to estimate electrical work the right way.
However, once carriers decide with blank sailings or cut the allocation per each company, they basically leave customers in a void. The COVID-19 era has been a clear indicator that carriers learn how to manage the supply. So, carriers had been reducing the number of their employees domestically.
But there are a few things you’ll have to consider first, including local laws, insurance, registration, and business strategy. You’ll also need to think about marketing and a digital presence for your business, along with determining a customer service strategy. Creating a Business Plan and Strategy.
And it’s equally important to know the top 10 challenges for shippers in negotiating trucking contracts like limited headhaul insight and how to overcome them. Failure to secure dynamic pricing mechanisms leads to unneeded mini-bids. Contracts must include dynamic pricing mechanisms to avoid unnecessary freight mini-bids.
Because of this, savvy businesses regularly utilize freight audit companies and firms to systematically audit carrier invoices and documentation. Let’s take a closer look at a few tips for how to start in-house freight auditing. Overview of In-House Freight Audit Services. What’s the Best Method of Freight Auditing?
The best companies understand how to leverage this extra time to plan for the rest of the year. You can also take these weeks, or months, to implement strategies that improve workplace efficiency. Consider asking sales representatives — and other employees who don’t regularly contribute to high-level strategy — to participate.
This article by SHIPSTA addresses six of the most common challenges that can surface in peak shipping season, while providing solutions on how to best address them. Take a closer look at SHIPSTA to see how its platform and services can help you both during and outside the peak shipping seasons.
Amazon continues to push its own fleet forward, and the Big Box giants are willing to pay premium prices to get freight to market. This includes both ELDs and GPS-enabled sensors or systems to track transit time, reduce violations of Hours-of-Service (HOS) regulations, and speed delivery. However, technology can change the narrative.
Below, we discuss the challenges of transporting produce and how Trinity and Burris can be part of your solution. . #1. Deciding how to ship your goods: There are a variety of avenues that can be used throughout produce transportation and one size does not fit all. All of Burris’ warehouses are SQL Safe Quality Food certified.
From pricing to documentation, from giant ocean carriers to small size brokers, everyone is pushing for customers to use digital portals, communicate less with their people, and automate as much as they can. More importantly, we are learning how to design a technology integration with teams that are handling exceptions.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content