Articles related to Finance - Inbound Logistics

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Blockchain Supply Chain? How will blockchain technology impact the future of the supply chain? Why Ports Need a Master Plan. Having a Master Plan in place at your port makes operations more efficient, and makes the port more attractive to prospective partners. Freight Audit and Payment Services: Stacking Up Savings. Freight audit and payment services analyze shipment data to reveal inefficiencies and identify savings opportunities. Calculating the Benefits of Freight Bill Auditing. Freight bill payment and auditing services save shippers money by finding billing errors and optimization opportunities. Getting a Handle on Loss and Damage Claims. Managing loss and damage claims can be challenging for shippers. Claims processing providers can facilitate and educate. Is Your Freight Payment Company Equipped to Audit Your Invoices? Companies can gain several benefits by partnering with the right freight payment company. Trends—February 2014. Hunter Harrison documents the culture change that has contributed to Canadian Pacific’s rail renaissance; Global companies more concerned about climate risk than emissions reductions; Deadline for new ISO17712:2013 high-security seal standards is fast approaching; Lack of collaboration between supply finance hurts the bottom line. Risk Mitigation: Supply Chain Safety Net. Shippers protect against supply chain disruptions with physical, analytical, and financial risk mitigation strategies. Automating B2B Payments: The Next Frontier. Automating supplier payments through commercial cards helps companies facilitate their payment process. Gold Mining: Unearthing the Value in Freight Audit and Payment Services. Freight audit and payment services allow shippers to leverage data to solve their business challenges. Transportation Payment—Bank on a Better Way. Shippers can benefit by using a bank to facilitate carrier payment transactions. Inbound Freight Management: 5 Roadblocks (and How to Get Around Them) Shipping freight plays a vital role in supply chain management, yet many shippers neglect to take control of their inbound shipments. Industry experts offer strategies for overcoming five common obstacles to successful inbound freight management. Trends—May 2013. Prologis Pulaski DC breaks ground, breaks new barriers in sustainable development; Voice technology finds traction in the supply chain; Healthcare industry stands to gain by adopting retail supply chain best practices; Freight spot market swings with seasonal demand; Midwest floods present new challenges for inland waterway shippers. Assessing Your Provider’s Financial Stability. Danny Monson of States Logistics Services Inc. offers tips to help shippers confirm a logistics service provider is financially stable before signing a logistics service contract. Delivering Procure-To-Pay Success. As e-invoicing and procure-to-pay networks have evolved into broad-based business networks, advancements now enable professionals to finally connect all the dots in the supply chain, writes Shan Haq of Transcepta. Best Practices to Manage International Freight Spend. Stephanie Miles of Amber Road offers advice on how shippers can manage the growing complexity of international supply chains and their associated increasing transportation costs. Are You Paying Too Much for Transportation? Benchmark Carrier Activities to Find Out. By reviewing shipment history, carrier assignments, and freight invoices, a benchmark study will accurately reveal your company’s transportation costs, writes Mike Challman, VP of North American Operations, ChemLogix. Is Your 3PL Financially Healthy? An ounce of prevention is worth a pound of cure. Conduct a financial checkup of your potential 3PL partners before you sign the contract. Trimming Your Transportation Spend. Leveraging IT, reconsidering warehouse processes, and conducting periodic network optimization projects are just three of many strategies that enable shippers to not only trim costs, but ensure that transportation spending supports overall business goals. For Truck Financing, Bank on a Transportation Expert. Having a financing partner that specializes in the transportation industry is important for trucking companies because it will understand their capital needs, collateral values, and financing alternatives, says Nick Weaver, Regions Bank. Freight Payment & Audit Services: Beyond Bills. Leading freight payment service providers continue to enhance the array of tools they offer to help shippers make the most of freight payment data. Improving the Order-to-Cash Cycle. Improving order-to-cash cycle effectiveness requires more than speeding receivables. Scott Pezza, research analyst, The Aberdeen Group, offers advice for enhancing the overall process by focusing on long-term goals and relationships with customers. Managing Inbound Transportation: All On Board FOB. By helping tire importer TBC Corporation convert its inbound transportation to free-on-board (FOB) terms and control freight costs, American Global Logistics rolled out a supply chain transformation. Finance & The Supply Chain: Show Me the Money. Innovative supply chain management delivers financial benefits to your bottom line. A Resurgence in Trucking Investments Presents Opportunities for Shippers. In light of a strengthening economy, business owners, controllers, and chief financial officers (CFOs) at companies in need of shipping solutions should evaluate their fleet needs and understand their equipment and financing options. Supply Chain Finance: Capitalizing on Growth Trends. The business case for capitalizing on record freight volumes is clear. Here’s how to unlock immense sums of money in the supply chain. Cashing In: 5 Supply Chain Financing Trends. Supply chain financing allows companies to delay paying for transportation or goods while suppliers are still paid quickly – for a fee. While it might seem counterintuitive, participants say it’s a win-win for all. Here’s how it works and trends worth watching. Debt: A Rising Risk in Your Supply Chain. Supply chain managers face many types of risk on a daily basis—cargo theft, natural disasters, long lead times, and unpredictable demand. But none is currently at an inflection point quite like debt.