To keep your supply chain running smoothly, it’s essential to have visibility and control over your supply chain operations. By having access to real-time data on your operations, automating repetitive tasks, and gaining insights through big data analytics, you can build a flexible and robust supply chain network. It is here that a competent logistics…
Today, freight procurement is more than just about the price. It is one of the most crucial parts of the supply chain and has the potential to enable high-performance levels and drive ROI to a major extent. The ongoing year has been a year of disruption and transformation for the freight procurement industry owing to…
In a world with an economy that’s increasingly becoming real-time, where transactions are driven by digital automation technology, speed, time and accuracy is all that matters. It is this ‘real-time’ nature of the economy that has led to the evolution of the transportation and logistics industry. Transportation today is no more restricted to being a…
When shipping goods is an integral part of your business, reducing transportation costs by default becomes a top priority. Along with fluctuations in market prices, regulations by governing authorities and regular hikes in fuel prices, there are several other forces at play that ultimately determine the cost involved in transporting your goods. Optimizing transportation costs,…
While digital transformation has been slow, if not stagnant in the logistics industry, recent times have witnessed rapid developments in this space. With more and more supply chain professionals adopting digital alternatives to traditional methods by automating RFQ management, opting for digital freight procurement strategies and purchasing real-time container tracking software, the time has come…
Whether you ship goods by air or sea, getting competitive prices each time is crucial to your bottom line. While the traditional negotiation system has stifled the ability of shippers to negotiate effectively for ages, today there are better ways to negotiate and drive profitability. The emergence of digital automation technology in the supply chain…
Logistics plays a fundamental role in the efficiency of every company. While a strategic logistics plan takes care of the selling and buying of goods, a key component that could throw a potential spanner in the works is an unhealthy relationship with the various stakeholders of your supply chain network. Relationships matter. With variables at…
With tightening capacity and ever-soaring rates in the face of COVID-19, managing logistics and shipping goods has become a turbulent experience. Investing in the right TMS can streamline your operations and boost business. However, with so many options to choose from, how do you identify the TMS best-suited for your organisation and your budget? What…
Are you delivering in full and on time? Is your supply chain department working efficiently? There’s a way to measure your supply chain efficiency and be sure about it. That’s with the DIFOT rate. In this post, we will discuss DIFOT(Delivery in full, on time) why it matters and how you can improve. Let’s start…