Articles
Thought Leaders
Why Mid-market Shippers Should Leverage TMS
Q: Mid-sized firms are often stretched for resources. How can they better manage transportation? A: Many mid-market shippers manage transportation "by avoidance." They know they could be doing it better, but don’t have the time or resources to focus on it. There’s always a fire somewhere, and if product is getting out the door and […]
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Shoring up Sourcing Strategies
Q: What factors are driving reshoring/near-sourcing consideration? A: A balance in labor rates between China and North America is warranting a second look at sourcing and manufacturing closer to demand. Mexico may be a first choice because of its labor cost differential, but the United States, with the promise of cheaper energy, presents another opportunity. […]
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Connect and Collaborate to Better Manage Freight Spend
Q: What are the current challenges of managing freight spend? A: In today’s slow-growth economic environment, organizations are pressured to reduce costs and manage inventory well. The result is demand for frequent deliveries, which amplifies the need to control shipment costs, according to research by the Aberdeen Group. In addition, organizations operate increasingly complex supply […]
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Truckers and Shippers Prepare to Meet Over-the-Road Challenges
Q: What challenges do domestic transportation service providers face today as a critical part of the value chain for manufacturers and retailers? A: One of the most competitive segments of the trucking market, truckload (TL) companies also represent the core business of most asset-based, but diversified, transportation companies. Their most common concern, according to a […]
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Transportation Management: A Layered Approach
Q: Why bother managing the inbound aspect of the supply chain? A: Historically, organizations built their transportation management strategies and tactics around the outbound aspect of their supply chain. The gravity of customer revenue pulls the attention in that direction. This inattention in the supplier direction often leaves the inbound supply chain exposed to margin-draining […]
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The Strategic Approach to Optimizing Inbound Shipments
Q: Knowing there are significant benefits to be captured using a transportation management system (TMS) and optimizer for inbound shipping, what are some of the typical roadblocks that shippers encounter when implementing an inbound optimization strategy? A: A very common obstacle to optimizing inbound shipping is arriving at the proper rate structure. The whole point […]
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Quantifying Transportation Performance With Technology Tools
Q: What strategic direction have shippers and carriers developed to increase partnership value? A: Shippers and carriers have become more collaborative in their approach to pricing. For example, in the less-than-truckload market, shippers have begun to use carriers’ rate base when running their bids. This creates value for shippers by using each carrier where it […]
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Managing Shipment Data to Meet Customs Requirements
Q: How are Customs agencies changing their approach to reviewing transactional data, and how will this affect shipments and traders? A: Collaborative Border Management (CBM) between Customs agencies will allow countries to exchange trader and shipment data in a live environment so non-compliance and perceived threats can be readily identified, measured, and monitored. Customs is […]
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Building an Effective Import Compliance Program
Q: How do shippers create an importing program? A: Meeting import control obligations need not be a painful experience. Proactive import compliance planning and governance will minimize the risks and negative consequences of non-compliance. First, understand current import laws and regulations. Familiarize yourself with government policies and procedures prior to actually importing your goods. You […]
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