Getting the right materials at the right time and for the right price is what Procurement is all about. Done well, it cuts costs, strengthens supplier relationships, and keeps operations running smoothly. Done poorly? It leads to delays, wasted money, and inefficiencies. This guide breaks down procurement types, processes, and best practices, helping businesses improve…
Supply chains aren’t what they used to be. Simple logistics and manual tracking are long gone. Today, businesses are leveraging cutting-edge innovations to create faster, smarter, and more resilient supply chains. From AI-driven forecasting to blockchain-powered transparency, innovation is changing the game. But what does supply chain innovation really mean, and why does it matter?…
Freight auditing is crucial for businesses managing large shipment volumes. It ensures accurate billing, prevents overcharges, and helps optimize costs. Without a proper audit process, companies risk hidden fees, invoice discrepancies, and inefficiencies that can add up over time. Understanding Freight Audit It is the process of verifying, analyzing, and validating freight invoices to ensure…
Supply chains power global commerce, but rising costs, geopolitical instability, and other disruptions make efficient management increasingly difficult. In 2025, businesses must stay agile, innovative, and strategic to keep up. As Gautam Prem Jain, CEO of GoComet, stated at the recent Odyssey Event in Dubai, “Technology needs to be capable enough to tackle supply chain…
Supply chains work best when companies share information and align their goals. Businesses that collaborate with suppliers, logistics providers, and partners can cut costs, reduce delays, and improve service. But many struggle with miscommunication, data silos, and outdated systems. How can businesses overcome these hurdles? This guide breaks down the strategies, technology, and best practices…
Building strong relationships with suppliers is crucial for businesses to maintain a smooth supply chain, negotiate better deals, and reduce risks. Supplier relationship management software helps companies track supplier performance, ensure compliance, and streamline procurement processes. Here are the top solutions available: 1. GoComet GoComet provides AI-powered supplier relationship management software that enhances visibility, vendor…
Supply chains are more complex than ever. Disruptions can come from natural disasters, geopolitical tensions, supplier failures, or cyber threats. Without a solid risk management strategy, businesses face costly delays and operational setbacks. This is where Supply Chain Risk Management Solutions become essential. What Is Supply Chain Risk Management? Supply Chain Risk Management (SCRM) involves…
Managing shipments efficiently is a challenge for businesses handling large freight volumes. A cloud-based transportation management system (TMS) simplifies logistics by providing real-time tracking, automation, and cost-saving insights. All without the need for expensive on-premise infrastructure. With companies shifting to digital solutions, understanding the benefits of cloud-based TMS software is essential for making informed decisions….
Road haulage is the backbone of modern logistics, ensuring the smooth and efficient movement of goods across short and long distances. As businesses strive to meet customer demands for faster deliveries and streamlined supply chains, optimizing road haulage services has become more critical than ever. By leveraging smart freight solutions, companies can enhance operational efficiency,…
Drayage plays a crucial role in keeping supply chains efficient. It refers to the short-distance movement of goods, such as transporting containers from ports to warehouses or rail terminals. Without it, shipments could face delays and increased costs, impacting overall logistics operations. What Is Drayage? Drayage is the transport of cargo over short distances, typically…
Struggling with late deliveries, high freight costs, and logistics headaches? A Transportation Management System (TMS) can turn chaos into control. Whether you’re moving a few shipments or managing a global supply chain, a TMS optimizes routes, cuts costs, and keeps deliveries on track. In this blog, we’ll break down what a TMS is, its must-have…
In today’s fast-paced digital marketplace, last-mile delivery has emerged as the most critical—and challenging—component of the logistics chain. As consumer expectations skyrocket and e-commerce continues to flourish, businesses are under immense pressure to deliver packages quickly, efficiently, and cost-effectively. At GoComet, we believe that a robust Transportation Management System (TMS) isn’t just a luxury—it’s a…
The transportation and logistics industry is undergoing a rapid transformation as technological innovations redefine how businesses operate. Transportation Management Systems (TMS) are at the forefront of this revolution, integrating sophisticated tools and functionalities that drive efficiency, reduce costs, and improve overall service quality. As we approach 2025, five advanced TMS features are set to become…
Introduction The logistics industry stands at a critical inflection point where traditional methods of managing supply chains are increasingly insufficient to address modern challenges. Global trade complexities, unpredictable market fluctuations, geopolitical tensions, and heightened customer expectations have collectively created an environment where artificial intelligence is no longer merely advantageous but essential for competitive operations. This…
Supply chains are unpredictable with fluctuating demand, delays, and inventory changes create challenges. Supply chain planning software keeps operations smooth and under control. As Johny Stephen, a speaker at Odyssey Singapore, put it: “Every sip of coffee represents the efforts of over 200 individuals involved in its journey, highlighting the sheer complexity and scale of…
In today’s fast-paced global market, supply chains are no longer just about moving goods from point A to point B. Instead, they have evolved into complex, dynamic ecosystems that require real-time insights, advanced analytics, and a high degree of agility. Supply chain control towers have emerged as the nerve centers of these ecosystems, providing end-to-end…
In today’s dynamic and often unpredictable global supply chain landscape, businesses are increasingly turning to advanced technologies to gain a competitive edge. Traditional management systems are struggling to cope with the complexities of modern logistics, where disruptions—from natural disasters to geopolitical tensions—can severely impact operations. Enter AI-powered supply chain control tower software: a centralized hub…
In logistics, shipping, and transportation, we often encounter acronyms like ETA, ETD, and ETC. These terms play a significant role in ensuring that shipments, whether by sea, air, or land, arrive on time and that stakeholders can plan accordingly. While they are often used interchangeably in everyday conversation, they each have distinct meanings and functions…
Freight invoice automation is a crucial process for businesses dealing with international shipments. Traditionally, companies have relied on manual invoice reconciliation, leading to inefficiencies, delays, and errors. The process requires cross-checking vendor invoices against contracted rates, often resulting in overpayments and disputes. In today’s fast-paced global economy, manual matching not only slows down operations but…
In today’s rapidly evolving market, companies face increasing complexity and demand volatility. To stay ahead, many businesses are turning to a transformative solution: Generative Artificial Intelligence (GenAI). By enhancing efficiency, accuracy, and adaptability, GenAI is revolutionizing supply chain management. Let’s explore how. Modern supply chains must navigate challenges ranging from unpredictable demand to complex logistics….
