Moving Freight into the Future: Cloud-Based Transportation Management Systems
Across the logistics industry, executives continue to rely on legacy transportation management systems (TMSs). Traditional TMS software exists on a single computer or unified internal network and, while these systems consolidate freight data, investing in cloud-based TMS tools can drastically improve overall company efficiency and revolutionize the way supply chain leaders handle transportation. As opposed to outdated legacy systems, [...]
eCommerce Is Revolutionizing the Logistics Industry
Across the retail industry, eCommerce is continuing to expand and dominate a wider range of markets. In fact, data indicates as much as 51% of Americans prefer shopping online as opposed to visiting brick-and-mortar stores. This is leading to physical retail stores shuttering their doors and moving the bulk of their operations online. This is nothing new: Shopping habits have [...]
Should You Incorporate Blockchain in Your Supply Chain’s Future?
You may have heard about blockchain technology and how critically important it could be to the logistics industry in the coming years. But for all the talk about blockchain’s significance, there’s very little explanation of exactly what blockchain entails and how it could change your business. What is a Blockchain? When you need to store valuable data, a blockchain ledger [...]
Making Use of Big Data: The Benefits of Advanced Supply Chain Analytics
Collecting data on a large scale is incredibly easy nowadays, even with minimal effort. Properly utilized, your supply chain has dozens of potential data collection points that can direct you to areas of innovation and improvement. But that’s only if you’re accurately collecting and assessing your data. According to the 2017 CSCMP's Supply Chain Quarterly survey, many supply chain managers [...]
How do Global Freight Audit and Payment services help you in heightening business profits?
In the ever-expanding world of Global Logistics Management, there are two factors that help any business in leading the pack-Time and Money. These two elements are interrelated. The speed of moving Freight to and fro market determines the overall cost. Research shows that up to 15 percent of total outflow on Freight can be saved if the work is handled [...]
How can shipment data increase your company’s profitability?
Shipments worldwide are multiplying in volume and monetary value every year. The huge volume of shipment data produced by Logistic processes need to be qualified and well interpreted in order to benefit any company. This database includes shipment status data, route data, transportation provider data, metrics and KPIs, forecasts and so on. How can this data be of your use? [...]
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