After a wild year that 2020 was, the arrival of the covid-19 vaccine, at last, got along a great deal of relief for everyone. However, the already-stretched supply chains are now up for a more significant challenge- to execute an unprecedented worldwide distribution of the vaccine. What we are witnessing today is the post-pandemic phase…
Getting competitive prices each time you ship your freight is critical to your bottom line. While traditionally you might be relying on your internal freight rate history to determine the best lanes and rates for your freight shipments, today there’s a better way. It is here that freight benchmarking or freight rate index tools step…
For companies with an import-export-oriented business, reducing transportation costs has always been a critical priority. While traditionally cutting down on transportation costs was quite a challenge, various technological advancements have made it possible to manage transportation costs better and drive savings. Today, there is a wide range of ways in which you can optimize transportation…
In supply chain management, a combination of an efficient workforce, automation of particular workflows, and perfect coordination between various functions is critical to a smooth functioning supply chain. Above all, there is always room for improvement and boosting business. Each time your business witnesses growth, the key is to proactively look for ways to improve…
Investing in an intelligent freight management software is one of the best ways for shippers to streamline their supply chain operations, reduce freight costs and drive profitability. While adopting a freight logistics software may not have seemed like a necessity when these solutions were new in the market, today, these systems have become a key…
The key goals of every supply chain professional are to optimize operational efficiency and reduce logistics costs. Mismanagement in logistics can often result in excessive expenditures, delivery delays, missed deadlines, and damaged goods. Needless to say, if you want your company to stay financially viable and drive profitability, you must prioritize efficient planning and strategize…
One of the best ways to ensure that your business keeps growing is to work towards improving your customer service. Be it shipping and logistics or some other industry; good customer service is critical to the growth of your business. When offering a logistics solution, both the parties involved must benefit from the deal. The…
When it comes to supply chain networks, the bigger the business, the more complex its supply chain management tends to get. Moreover, ever-increasing competition in the market and rising customer expectations have further added to this complexity. While the market may have left organisations with Herculean challenges to overcome, a crucial relief is the emergence…
For decades together, the logistics industry has invited criticism for not being environment friendly and for the lack of willingness to adopt green logistics solutions. However, the last few years have witnessed a wave of startups coming up with innovative, green solutions that are certainly going to pave the way for a more sustainable, eco-friendly…
To tackle unanticipated disruptions head-on and build a resilient supply chain network, you must stay ahead of various advancements in the industry. Today, a spate of state-of-the-art technologies are setting new trends in the supply chain field, and their adoption is bound to accelerate in the years to come. Most of these technological innovations have…
With the complex and volatile global trade environment pushing rates higher and making capacity tighter, have put shippers and their freight procurement teams under tremendous pressure. They need to strike a balance between not skimping on quality when it comes to working with the right suppliers and freight forwarders—and squeezing as much value as possible…
In the modern-day transportation and logistics industry, nothing matters more than driving cost savings and optimising the time spent on each shipment. As customers increasingly demand faster deliveries at reduced rates, you as a shipper must adopt tools that make it possible for you to do well, while keeping your customers happy. Using a Transportation…
In today’s fast-moving digital age, freight procurement stands to gain a great deal from digital procurement transformation – and, the sooner logistics companies begin their journey, the better. Automating your freight procurement from end to end enables an unmatchable performance and drives ROI to a major extent. The latest tools in the digital procurement field…
Recent years have witnessed an increase in the adoption of digital solutions across several industries. The logistics and supply chain industry has been no exception. Especially in the field of freight procurement, it has been proven beyond doubt that the scope for improvement is vast. For any freight purchasing manager, the primary goal is to…
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…
Logisticians across the globe have been relentlessly working through the pandemic to keep the world’s goods moving. The global logistics industry has rapidly evolved and risen with great willingness in the last few months to overcome the challenges posed by the COVID-19 outbreak. The changes that have been triggered since the beginning of the pandemic…
The unprecedented impact of the ongoing pandemic has made it clear that global supply chains are only as strong as their weakest link, i.e. visibility. It has become more imperative than ever to adopt a system that enables real-time container tracking. Any efficient and real-time container tracking solution provides extensive monitoring capabilities via a single…
Often, the terms green and sustainable seem like synonyms of each other, but are most definitely not. While going green looks at only the environmental aspect of it, being sustainable is equivalent to taking into account the social, economical and environmental impact of that particular product or organisation. In this day and age, the traditional…
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…
