"Inbound Freight Costs are Rising. What are logistics managers doing to better manage costs?"
Inbound logistics is a complex process that can consume more than 40% of the average organization’s annual freight budget, according to Aberdeen Group, which estimates that total inbound freight spend alone consumes between 3.6% to 5.2% of a firm’s total annual sales. Due to inbound freight savings’ direct impact on the organizational bottom line, shippers that make it a supply chain priority reap significant inventory efficiencies, better cost containment, and a higher chance of achieving productivity and service goals. Read More
"Using Cross-docking to Bridge the 'Final Mile'"
In a time when consumer demand is forcing retailers to get their products to market faster, a growing number of shippers are looking to non-traditional practices to help reduce the amount of time it takes to process orders and route products. Research shows the average company spent $48 million on freight services in 2015 and nearly 20 percent of firms spent more than $100 million. As eCommerce and omni-channel have become the become the key focus points in the retail industry, the need for streamlining warehouse and distribution center (DC) operations is becoming more evident. Read More
"Tackling Transportation Management: The value of an omni-modal TMS in a complex world"
With the transportation landscape becoming increasingly complex and global in nature, shippers, third-party logistics providers, and other entities involved in transporting goods need a reliable transportation management system (TMS) that can handle myriad different shipping methods. In some cases, these “omni-modal” TMS must be able to tackle international shipments with ease, and in other instances be able to effectively orchestrate the movement of multi-leg shipments across a variety of different modes. Combine these demands with the growing omni-channel retailing trend— where shippers must be able to meet the end consumer’s individual delivery demands and schedules—and the case for an integrated TMS becomes clearer than ever. Read More