For supply chain, operations, and logistics managers, balancing freight capacity for on-time deliveries and cost control is crucial. But finding the right balance can often feel like solving a constantly shifting puzzle. Our guide offers practical strategies to optimize freight capacity management, including carrier management, leveraging data and technology, and mode optimizations. What is freight…
Month: December 2024
Reimagining transportation procurement: Leveraging data and technology for smarter freight decisions
Originally published in Talking Logistics In a survey, Talking Logistics conducted in October 2020, 91% of their Indago supply chain research community members, who are all supply chain executives from manufacturing, retail, and distribution companies, either “Agreed” or “Strongly Agreed” that the time had come to transform the traditional transportation procurement process. Yet, we all know that…
Before shipping goods, businesses need to determine their freight class. Why? So that they can figure out how much they’ll have to pay for shipping. With more and more goods shipped daily, it becomes essential to have some sort of standardization in types of cargo. The freight class system conveniently provides carriers and shippers with…