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Container tracking in the post-COVID world

Container tracking in the post-COVID world

With the current pandemic exposing the fragility of the global supply chains, it has become more imperative than ever to adopt a system that enables real-time container tracking. Investing in automated monitoring equipment for tracking exactly where your containers are has become as important as shipping those same containers. At the Digital Container Summit that…

What is a Bill Of Lading?

What is a Bill Of Lading?

Exporting and importing goods can be quite overwhelming given the number of intricacies, documentation, formalities and above all, money that is involved in the process.  A document that plays a vital role in making sure that your freight is delivered on time, in the right condition and acts as a document of title to the…

Freight Invoice Errors – hidden costs affecting your bottom-line

Freight Invoice Errors – hidden costs affecting your bottom-line

Freight audit and payment may not be the first things that come to your mind when you analyse your expenses. However, they play a major part in running up unnecessary costs for your business. More and more companies are heeding the implications of a very important question, “Why should you reconcile your freight invoices?”  Until…

Why should shippers benchmark freight rates?

Why should shippers benchmark freight rates?

Driving cost savings in today’s fast-moving supply chain industry has become quite a challenge in light of unforeseen events, fluctuating rates, and ever-changing supply-demand dynamics. For you to better manage costs, determine the best possible trade lanes for each shipment and drive savings, freight rate benchmarking has become a necessity.  Irrespective of whether you are…

Benefits Of Automated Freight Invoice Matching

Benefits Of Automated Freight Invoice Matching

Digital transformation in the field of Accounts Payable has been tough to carry out, given that invoice operations are inherently complex and place a lot of dependency on human effort. As with any other technology, this is just another hill to climb in the right direction.  Reducing the burden on manual labour, minimising errors, identifying…

Fight Uncertainty With Live Shipment Visibility

Fight Uncertainty With Live Shipment Visibility

With the market being as volatile as it is, unforeseen disruptions at every stage in the supply chain have become a common occurrence,  emphasising the need to build resilient and agile networks that facilitate quick response and minimise risks.  Due to the ongoing pandemic,  heavy restrictions on transport and labour have thrown a huge spanner…

6 Things to Consider When Choosing a Freight Forwarders

6 Things to Consider When Choosing a Freight Forwarders

When it comes to organisations that ship goods internationally, dealing with freight forwarders is not a one-time transaction but a part of the business itself.  As a shipper, it’s crucial that you choose the right forwarder as they bridge the gap between you and your customer,   making the import and export process seamless.  But…

5 Reasons to Adopt an Automated Shipment Tracking System

5 Reasons to Adopt an Automated Shipment Tracking System

As COVID-19 continues to disrupt global supply chains, knowing exactly where your shipments are has become more crucial than ever before. The traditional way of tracking shipments is tedious, time-consuming and ineffective, to say the least. Industry studies show that tracking about 500 shipments every month on the sites of about 7-15 shipping lines alone…

12 ways to reduce freight costs immediately

12 ways to reduce freight costs immediately

For organisations that ship goods internationally, shipping cost accounts for a significant expense and its dynamic nature makes it close to impossible to spot opportunities for driving cost savings. Especially for businesses that are inventory intensive, logistics cost plays a crucial role in determining profitability.  However, there are several practices you can deploy to beat…

Choosing the right Transportation Management System (TMS)

Choosing the right Transportation Management System (TMS)

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…

Technology for Real-Time Visibility in Shipment Tracking
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Technology for Real-Time Visibility in Shipment Tracking

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…

COVID-19: Six key takeaways for the freight ecosystem

COVID-19: Six key takeaways for the freight ecosystem

The COVID-19 menace has become a catalyst for organizations across the world to revisit their supply chain networks, examine its vulnerabilities and build resilience.  As your business gears up for the world beyond coronavirus, you might be facing questions such as how to emerge stronger from this crisis? How to maintain business stability in the…

COVID-19 update: Why are freight rates soaring?

COVID-19 update: Why are freight rates soaring?

Spiraling freight rates have left businesses around the world scrambling to stay afloat during the coronavirus pandemic, piling yet more pressure on already stretched global supply chains.  At the core of this problem: shrinking cargo space.   Here’s what has led to a decrease in cargo capacity and how it is impacting freight rates. Airplanes grounded,…

Benefits Of Freight Invoice Automation

Benefits Of Freight Invoice Automation

Reducing costs is a key goal for most companies. Some expenses, however, are more difficult to see than others: they remain hidden, silently eating away at your profits whilst your competitors gain a critical pricing advantage from this lapse. The cost of manually reconciling freight invoices is a common example where organizations spending too much….

6 Practices Manufacturers Must Adopt To Fight Coronavirus

6 Practices Manufacturers Must Adopt To Fight Coronavirus

Ever since the novel coronavirus reared its ugly head, the global manufacturing industry has been at the receiving end of the menace. With partial and complete lockdowns gripping over half the world, most of the companies have resorted to the work from home option, a comfort particularly unavailable to the logistics department of manufacturing-based industries. …

Who wins? – Why Some Businesses Fail While Others Succeed

Who wins? – Why Some Businesses Fail While Others Succeed

Two manufacturing companies ‘A’ and ‘B’ sell the same product.  Both companies have good profit margins, employees are happy and the management is satisfied.  Despite being in the same product, none of them pose a threat to each other as they have independent customers and more or less fixed revenues.  Now that’s not the entire…

8 Reasons Why Outsourcing Shipment Tracking To Third Party Logistics Services (3PLs) Can Hurt Your Business?

8 Reasons Why Outsourcing Shipment Tracking To Third Party Logistics Services (3PLs) Can Hurt Your Business?

Do you outsource your shipment tracking process to third party logistics services? We have observed that numerous organizations outsource their third-party logistics needs to get to the adaptability and scalability that an outside vendor can offer. If their shipping needs increase rather than employing additional staff or extending distribution center space, they hire 3PL merchants…