Deciding whether your organization needs a 3PL or a 4PL provider is an integral part of your supply chain management. Mistakes on this front can and do happen, costing companies big money. The key here is to understand the five kinds of logistics parties and learn to distinguish between the services they provide. While in…
More often than not, the freight world deals with two standard terms—Supply Chain Management (SCM) and Logistics Management (LM). These are used interchangeably, and not many people know the difference between logistics and supply chain management. Logistics management is a small portion of Supply Chain Management that combines the flow of goods, services, information, and…
Real-time tracking is an integral part of this process, having so many players moving your freight effectively takes the control away from your hands. The question here is—What exactly is going wrong with your distribution, and how significant a role does real-time visibility play in this picture? In today’s fast-paced freight world, more and more…
Are you sick and tired of paying thousands of dollars to your freight forwarders? Do you want to save money on your international freight procurement? The way you negotiate is key. Negotiation saves your business money. It allows you to work towards a lower price, making sure you pay less for your freight procurement. Unfortunately,…