Freight Management Archives - Supply Chain Game Changer™

What Exactly is Freight Consolidation?

Do you have a Freight Management Strategy or are you Spinning your Wheels?

How can freight forecasting aid freight consolidation strategies?

Supply chains across the U.S. are experiencing the stresses of trying to fill orders and comply with mandates affecting travel, driver hours and person-to-person contact. Despite the state of the economy, trucking volumes are still up 25% year-over-year in July 2020.

Meanwhile, the sudden surge in demand for e-commerce has contributed to total industry advancements that would normally take six years to complete to occur within six months, reports John Koetsier of Forbes.

In turn, companies are asking more questions about how to meet rising demand, including, “what is freight consolidation?”

Rather than getting bogged down in a list of possible questions, let’s isolate freight consolidation in this post.

How to Benefit from Trucking Companies!

The Minimum Load for Trucking!

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Are you looking to benefit from a trucking company to transport your products? If so, you want to make sure that you get the most out of transport services.

Here are some handy tips that your business can use when working with trucking companies.

Freight Industry Insights – FreightPOP Interviews Mike Mortson

Do you have a Freight Management Strategy or are you Spinning your Wheels?

We recently interviewed Mike Mortson, founder of Supply Chain Game Changer, about the trends he sees in shipping and the freight industry. He says digitizing supply chains is a significant trend.

Mike is an industrial engineer with an extensive background in all facets of leadership, from supply chain management, procurement, manufacturing, ops, and I.T., to global operations, distribution, logistics, reverse logistics, and commodity management.

Mike has helped several companies evaluate and overall their supply chains. His experiences led him to begin Supply Chain Game Changer, a website and blog aimed at sharing experiences and expertise and curating content and resources to help everyone from industry experts to supply chain professionals globally.

What is Freight Demand Modeling?

Featuring Our Top 16 Articles on Freight and Logistics!

Any successful business will take measures to forecast supply and demand for their products and services. There are many software programs out there that can assist companies of every size in knowing what to expect. According to Simplex Group, this helps companies plan for warehousing space, advertising, and staffing.

Freight forecasting is a method of predicting what the freight market will do in the days, months, and years to come. Freight Demand modeling is an offshoot of freight forecasting that determines how much need there will be for certain modes of transportation and the amount of room needed on those modes of transportation.

It will also determine the need for certain lanes. If you want to understand the significance of freight demand modeling, you should understand a bit about the job of a freight forecaster.

DIM Weight Pricing Explained!

Last Mile Delivery: Stop Shipping Air and Empty Boxes!

The 2014 holiday season marked the last Q4 end-of-year sales period where packages shipped based on actual weight. With the start of 2015, UPS and FedEx instituted a dimensional DIM weight pricing structure.

The US Postal Service has since adopted this pricing model, also referred to as DIM weight pricing. This has changed the way freight companies calculate shipping charges.

Delivery in the Age of Amazon!

Last Mile Delivery! What is your Strategy?

Brands don’t have to be Amazon to build stellar last mile delivery and fulfillment operations that win new business and drive customer loyalty.

However, they do have to look deeply and honestly at the way they run their delivery operations today, and then take the next step forward by making the necessary changes.

If you think delivery is just about transporting a product to the buyer, think again.

How GST (Goods and Services Tax) Has Affected Logistics in India!

To Centralize or to Decentralize? That is the Organization Design Question!

Right after demonetization, another big thing that came to India was the implementation of GST (Goods and Services Tax).

The sudden rise of the goods and service tax, despite getting a negative impression from some, actually reformed the Indian economy in a much better way.

Over time it was understood that this was much needed and it actually helped in organizing and setting up different logistics and transport sectors to speed up their overall processes.

From the movement of trucks to managing a good economic supply chain, GST affected logistics in a great way.

Get the Best Freight Forwarder Rates!

What’s the Difference Between a Freight Forwarder and a Customs Broker?

Many businesses today, such as those that specialize in importing and exporting goods, seek the help of a skilled freight forwarder in order to ensure a seamless and hassle-free transportation process and great freight forwarder rates.

The reason behind the popularity of freight forwarding services lies in the fact that most products, especially the imported ones, are prone to damages and late arrivals. On top of that, transporting goods can be a time-consuming process, with a list of requirements to be submitted to the customs authorities for legal purposes.

All of these issues can be solved by hiring a freight forwarder who can take over the duties of complying specific customs requirements, as well as tracking the condition of the goods in real-time.

Lift Gate Trailers – What You Need to Know

Lift gate trailers look like any other enclosed trailer, but with one major difference. They have a gate at the back that can lower down from the trailer to the ground.

Since they add weight to the trailer, these are not commonly used unless the receiver requires them. Despite that, these are fairly common trailers that can be very beneficial under the right circumstances.

Maritime Industry in Search of Blockchain Orchestrator!

What is Blockchain? And How Does it Work? (Infographic)

A current topic of focus in the maritime industry technology space is Blockchain and how it is going to transform commercial operations.

The Blockchain platform is a distributed ledger which records transactions between parties in a verifiable and, most importantly, permanent way by using a cryptographic hash.

When all major parties approve and implement a single blockchain system, then the entire commercial channel would be transformed into a super rapid, secure and totally digitalized environment.

Road Freight Transport is a Growing Industry!

3 Most Common Freight Forwarding Scams (and How to Avoid Them)! (Infographic)

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Road freight forwarding is the process of physically transporting cargo by road using different types of motor vehicles. Compared to other well-known freight forwarding methods, road freight transport is considerably less expensive.

But that’s not the only reason a small or medium-sized business might need road freight transport services. In this article, we’ll elaborate on the methods of road freight and talk about all the advantages of using it as the primary form of cargo transport.

11 Things to Know About International Shipping!

The Importance of the International Shipping Industry!

As e-commerce has grown in popularity, so has international shipping. Since this new system allows you to buy goods from other countries, you must know all about international shipping, from what to expect when shipping from another country to avoiding fraud.

Shipping overseas can be a lengthy process that necessitates knowledge of what you’re doing to avoid scams, as most of it is done over the internet.

So, here are the 10 things to know about international shipping:

Why Good Logistics Must Be at the Heart of All Supply Chains!

What is Logistics Exactly?

Whether it’s a supply chain or a supply web, the logistics and transport your business has in place will determine whether your supply chain is a hindrance or a help. All businesses need to get supplies and raw materials in and ensure that their products are delivered as efficiently and effectively as possible.

This article details, in brief, some of the most pertinent considerations for a good logistics solution that will work for your business.

Drop Shipping Teddy Bears!

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The company was new to the general merchandising business. As such the Category Managers were going wild with ideas on how to expand their product assortments and procuring new and interesting products to sell.

But unfortunately their zeal did not come with a thorough understanding of the Supply Chain implications of their decisions.

This all came to a head when they had placed orders for a large number of oversized items, including those giant stuffed teddy bears. You know the kind. The giant stuffed animals that are anywhere from 5 feet to 8 feet tall, like you find at Costco.

What followed was a disaster in terms of cost and customer satisfaction.

Get the Biggest Bang for Your Freight Budget Dollar!

Do You Have Hidden Freight Costs?

Freight costs and freight budget adherence are among the most important and often overlooked aspects of transportation management. As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success.

The costs of logistics as a ratio of total expenses are too significant to ignore. For example, according to Global Trade Magazine, “One critical factor that executives should monitor closely is logistics management. This sector covers important activities relating to procurement, transport, and storage of goods. In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.”

Measuring performance with transportation KPIs and freight data is getting easier. Budgeting and managing freight costs are critical to overcoming any disruptions and increasing profitability.

Freight management parties can rely on these tips to recognize and respond to transportation budget limits.