The global pandemic has changed the face of buying and selling, demand and supply, and the result has been eye-opening. The global supply chain has suffered set-back after set-back. Products are in short supply, the workforce has been depleted, and the threat of the new Delta variant is only adding to an already difficult situation. …
About two fifths of the overall logistics costs are associated with the last mile – Frost & Sullivan, The Growth Pipeline Company. What is the last mile? You will often find the term “the last mile” used in supply chain management and transportation. It basically relates to the final part of the journey, for instance, …
It would be nice if every freight invoice were accurate, because then you would feel comfortable paying the bill, without doubting that the details on the invoice are incorrect. However, that is not what happens. Inaccurate freight bills are more common than business owners realize. Depending on who you ask, 10-25 percent of freight bills …
Continue reading “Why is Freight Audit and Payment Important?”
Running a shipping business can be as great as it seems, but comes with its own set of hurdles. As a business grows, the challenge is knowing how to improve and optimize all facets of the company. One way of doing that is getting accustomed to strategies that help to strengthen your supply chain. Strengthening …
Continue reading “5 Supply Chain Tactics to Strengthen Your Shipping Business”
When you’re striving to make a success of a business, you need all the help you can get, and that’s where data and analytics comes in handy. Shipping analytics provide useful information on business performance, and business intelligence which combines data tools, data mining, and data visualisation to help you to make factual decisions. Businesses …
Continue reading “How Does Brexit Impact on US Export Shipments?”
The holiday season traditionally brings with it a surge in demand, and this year is predicted to be even busier. COVID-19 has resulted in less foot-fall on the high street, with consumers turning to online shopping to satisfy their shopping lists. This has led to the shipment of more parcels, and carriers are in high …
Continue reading “Can Freight Analytics Help You to Optimize the Busy Holiday Season?”