Smarter Shipping, Volume 60: Essential Insights for Shippers
Happy Friday!
This Friday we are bringing you Volume 60 of "Smarter Shipping" from Intelligent Audit. In this edition of "Smarter Shipping," you will find:
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Leaders Rise, Discounts Fall: Unpacking This Week's Logistics News
Breaking news and big moves dominate this week's supply chain saga. We're kicking things off with a nod to two Intelligent Audit leaders breaking glass ceilings with their 2024 Women in Supply Chain Awards before plunging into the industry's latest plot twists. USPS is stirring the pot as it ends its discounts for package consolidators while UPS quietly expands its European cold-chain empire. All the while, ocean carriers play musical chairs with contracts, and the White House is aiming to stop Temu and Shein's duty-free party. Consumer optimism might be ticking up, but don't be fooled — we've got our eyes on the brewing storm as dock workers flex their strike muscles coast to coast. It's a week of power moves, plot twists, and potential chaos — and you've got a front-row seat to the action.
New Webinar: Essential Insights for Shippers
Webinar with Bart De Muynck
?We hope you’ve had a chance to see our invitation to the upcoming webinar featuring Bart De Muynck and our Intelligent Audit Leadership Team. This is your opportunity to gain valuable insights into the latest supply chain trends and strategies for overcoming critical challenges this quarter.
?In this exclusive session, you’ll walk away with:
Two Leaders from Intelligent Audit Honored with Women in Supply Chain 2024 Award
Intelligent Audit, a global leader in multi-modal transportation invoice audit and freight recovery, business intelligence, and secure carrier payment processing, announced today that Megan Bishop, VP of Client Success, and Tammy Tippins, Director of Professional Services, have been selected as winners of the prestigious Women in Supply Chain 2024 award. This award, presented by Food Logistics and Supply & Demand Chain Executive, recognizes female leaders whose contributions have made a lasting impact on their organizations, communities, and the broader supply chain network.
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Thank you, Parcel Forum for a great time!
The IA team had a wonderful time at Parcel Forum. Our CEO, Hannah Testani, gave a powerful talk on AI and its practical uses for shipping operations.
Thank you to all those who contributed to the success of our Happy Hour. Big shout out to our co-hosts TriumphPay ! We appreciate you attending and look forward to connecting again soon!
IA at CSCMP
IA looks forward to attending @CSCMP at the end of this month. If you are attending, we would love to meet up!
The latest insights from the?Intelligent Audit Resource Hub
Heads Up: A Potential Shake-Up in Parcel Shipping is on the Horizon
Our world as shipping strategists is about to change dramatically. Just when you thought your parcel shipping strategy was locked in, the U.S. Postal Service (USPS) throws a wrench in the works. That deal you've been enjoying—those discounted rates for packages dropped at local post offices via consolidators like DHL and UPS? It's now at risk.
Why the sudden shift? The rise of e-commerce giants like Shein and Temu has overwhelmed the system, and USPS is feeling the pressure to adapt. If your shipping strategy hinges on these DDU entry points, it's time to rethink everything.
What’s next for your business? How will this shake-up affect your shipping costs and bottom line? Find out more…
Inventory Management Optimization: Leveraging Machine Learning for Demand Forecasting
Inventory management can often feel overwhelming, with stock piling up and profits being drained. However, the same inventory could become your secret weapon. Welcome to inventory management optimization, where precision, prediction, and profit replace guesswork. Machine learning demand forecasting is revolutionizing how businesses manage stock, slashing costs and improving efficiency.
Gone are the days of relying on gut feelings. Machine learning algorithms can analyze massive amounts of data, identifying patterns and trends that help businesses reduce inventory costs and prevent stockouts. Companies using this technology are seeing significant improvements, from a 20% reduction in holding costs to increased customer satisfaction.
Curious about how machine learning is reshaping the future of inventory management? Read on to discover how this technology is driving smarter decisions, faster pivots, and better results for businesses like yours.
Thanks for stopping by! Have a great weekend!