The Three Keys to Global Freight Process Management
While some companies operating solely in the U.S. are grasping a hold of transportation visibility and freight process management, many companies that work on a global scale are struggling to achieve true freight process management visibility. Among the causes are trade management including import/export compliance restrictions, the high cost of business intelligence, and the confusing nature of working with and managing disparate technology systems among various global locations. Tracking global commerce activity across the entire transportation lifecycle—including planning, execution and settlement—is key for businesses to thrive on a global level. Certainly state-of-the-art transportation management systems (TMS) help achieve visibility, but advanced freight audit and payment processes are also vital toward obtaining optimal results.
In order to achieve global freight process management success, businesses need to understand the people, processes and system integrations necessary to compete in today’s global marketplace. Here are three keys to achieving this in the most cost-effective and efficient way.
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