News & Highlights
The (Fragile) State of Freight Invoice Processes and Audits ─ A CSCMP Hot Topic
The supply chain is essential to business; it must continue to function despite uncertainty, disruption, and tight budgets. Unfortunately, the freight market – worth roughly $800 billion annually to the U.S. economy – is still reliant on legacy systems and methods of operation. In fact, an overwhelming 80 percent of carrier invoices contain some kind of discrepancy, according to American Shipper. And 15 to 20 percent of the freight invoice inaccuracies were overcharges by the carrier.
Download this CSCMP Hot Topic written by Cara McFarlane, Solution Marketing Manager at Hyland.
How Every Shipper Can Benefit From Modern Drop-and-Hook ─ A CSCMP Hot Topic
Shippers and carriers love drop-and-hook freight for its speed and simplicity but the challenge with drop has been one of scale. In 2017, Convoy Go became the first drop-and-hook service that let carriers of all sizes, including owner-operators, haul power-only loads. This unique, modern approach to drop offered shippers flexible, nationwide capacity with the reliability and quality they’d come to expect from asset-based carriers.
Download this CSCMP Hot Topic written by Ari Bixhorn, Senior Director of Shipper Product at Convoy .
Smarter Supply Chain Control Towers: An IBM Point of View ─ A CSCMP Hot Topic
Supply chains are an essential service to our daily lives, the backbone of the global economy, and a true source of differentiation and innovation for enterprises. But pressure to deliver better customer experiences and continuously optimize operations and costs — coupled with unpredictable disruptions to demand, supply and logistics — have exposed the vulnerabilities and fragility of supply chains.
Download this CSCMP Hot Topic written by IBM supply chain solutions.
Digital Bills of Lading – A Shift Long Overdue ─ A CSCMP Hot Topic
Paperwork is still the center of all things logistics. And of all the paperwork, the most important piece is the bill of lading (BOL). Why? The BOL is the legal document that includes all of the details about the shipment and the goods being carried and it serves as a receipt, meaning the carrier won’t be paid for the delivery without it.
Download this CSCMP Hot Topic written by Cara McFarlane, Solution Marketing Manager at Hyland.