OBSERVATIONS FROM 2018 SUPPLY CHAIN TALENT MARKET

To manage today’s complexities, current systems are forcing functional groups to resolve problems with outdated processes and approaches.This leads to poor product mix, lower margins, higher buffer inventories, unnecessary premium freight, low productivity and sub-optimal optimization.

The payment process can present a number of challenges within the freight industry, from dealing with errors in invoices to managing and protecting the sensitivity of the data they contain. As a result, many companies opt to outsource their payments to third parties who specialize in payments to save time and avoid the complexities altogether. And when it comes to selecting a payment method, carriers are opting for factoring over QuickPay six times more often, but both options have pros and cons. So how do you ensure that you’re selecting the payment route that’s right for your 3PL while still building carrier loyalty?To explore the benefits and drawbacks of these payment options and provide the information needed to ensure you’re making the best option to meet your needs, FreightWaves is partnering with TriumphPay to present an hourlong webinar

Discover the key ingredients to address the multi-tier supply challenges needed to achieve a balance of agility and resiliency. And find out why investments in technology and process changes have been largely ineffective in addressing supply constraints and optimizing product mix. Over the past few months, automotive original equipment manufacturers (OEM) and suppliers have been participating in banker-led sector updates. In these updates, strategies, opportunities, problems, and major initiatives have been discussed along with Q&A designed to understand go-forward plans and market positioning for each company

It is estimated that 60-80% of the global humanitarian aid spend is related to logistics services. Whether you are a shipper or receiver of goods, international trade is fraught with complexity, particularly for nonprofits. From quoting & documentation, to managing exceptions & tax exemptions, there are key details that can make or break your shipment process.