Definition of Freight Routing Guide An inbound freight routing guide outlines the rules of engagement between a company and its vendors.
Definition of Logistics Logistics and logistics management is a subset of processes that fall under supply chain management that plans, executes, reports and coordinates the movement of goods within an organization’s network of stakeholders that include:
Everything you need to know about domestic intermodal and how to be successful implementing it into your logistics strategy. Gives tips, tricks and insights on intermodal and what to watch out for when converting from truckload to intermodal.
Year-after-year logistics teams are tasked to reduce their freight spend and improve the supply chain performance of the company. Time-and-again inbound freight management is not identified as an opportunity, which continues to have those in the logistics and supply chain industry scratching their heads as to why because according to the Aberdeen Group, inbound freight can consume 40% of an average organization’s annual freight spend or 3.6% to 5.2% of a firm’s total annual sales.
The freight broker market continues to evolve its value-add proposition for shippers. Technology has put this transformation process into hyperdrive transitioning many freight brokers into logistics service providers (LSP’s).
Managed transportation services is the #1 topic we talk with shippers about as they look to better manage their supply chain performance. Surprisingly, there is very little information about how much managed transportation costs, who the largest providers of the service are in the market and what are all the options a shipper has with the types of services they can obtain through a managed transportation solution.