Renewed Focus on Challenges, Opportunities Plus: Do you audit your freight invoices? You should. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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Your Inspiration For January 20

AHS

CFOs Focused on Supply Chain Challenges, Opportunities

It’s been said that 2020 was the year that brought the supply chain fully into the board room, or at least the Zoom version of that room. A recent survey suggests that trend is likely to continue well into 2021 and beyond.

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No Bull: Companies Address Supply Chain ‘Fragility’

The past year might have seemed like a mega-version of the proverbial bull in a china shop, with the “bull” being pandemic-related disruption and the “china shop” representing (among other things) the supply chain status quo.

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Here Is One Kind of Audit You Don’t Want to Avoid

Do you audit your freight invoices prior to paying them? If not, your company could be losing from $50,000 to $150,000 annually in overcharges. 

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Quote/Unquote:

"We have shippers and consignees that want to use different digital and more traditional engagement methods on the same shipment. Long term, we will see more digital engagement and less traditional [processes] over time. The speed of the migration will be driven more by generational preferences than by available technology."

Keith Andrey, vice president of freight forwarding for UPS, describing the gradual digitalization of supply chain operations. For more, click on the link to our article about UPS below.

Innovator in Action

How Two UPS Business Units Kept Things Moving During a Chaotic 2020

When it comes to freight forwarding and customs brokerage experience, you could say UPS has been around the block. In fact, it’s been around the world — innumerable times.

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Watch This

Supply Chain Transparency: How to Achieve It

Karen Zheng, associate professor of operations at the MIT Sloan School of Management, outlines key steps businesses can take to achieve supply chain transparency.

See Video

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