Freight Budgeting and Forecasting for Global Organisations
A freight budget should explain what an organisation expects to spend on transport, what is driving that expenditure and how the position is likely to…
How to Align Logistics and Finance Teams
A shipment may be operationally complete when it reaches its destination, but it is not financially complete until its cost is validated, allocated and…
Logistics Finance Transformation Priorities for Global Businesses
Quarter-end freight accruals often expose the real weakness in a multinational logistics operation. Finance may be working from estimated transport costs, operations may be…
When Lower Freight Rates Don’t Deliver Lower Freight Costs
A carrier tender that delivers a lower headline rate can still leave total freight spend unchanged by quarter end. That is usually where a…
How to Centralise Logistics Cost Data
When a finance team closes the month with one freight accrual model, procurement works from a different carrier rate file, and logistics relies on…
Reverse Logistics and Freight Audits: Tackling the Challenges of Returns
In an era defined by e-commerce and customer-centricity, reverse logistics has become a critical aspect of supply chain management. Returns are no longer a…
What are the top 10 Key Performance Indicators in freight logistics?
The success of any business, in any industry is down to the measurement of performance and all the associated metrics necessary to ensure, monitor and…
Mastering Shipping Costs as a Small Business
Understanding and managing shipping costs is essential for small businesses to maintain profitability and customer satisfaction. Shipping involves more than just moving goods from one…
Why is Reducing Carbon Emissions in Transportation and Logistics Important?
Iit is astonishing to discover that a staggering 90% of an organisation's greenhouse gas emissions originate from the supply chain itself, rather than from operational…
What is a Spot Quote and Can It Benefit my Business?
When hectic holiday seasons or times of uncertainty roll around, the demand for rapid spot quotes tends to spike. Spot rates increased by an average…
Why a Logistics Audit is Valuable
A dedicated logistics audit comprises an external and unbiased analysis of an enterprise's operational efficiency, the capacity utilisation of its various warehouses, stock transportation flows…
